Another good lesson today: never try to estimate the market. After all this long talk about Euro fall, we have a new high. Isn't it ironic? The pressure to the upside was enormous I think, it is very visible on Daily and 4H. Lows were really short ...

Jacko's Forex House of Pleasure and Pain

hey Newbietrader, aside of your continous praise for Jacko, which we all know already really well, maybe you can give us some insights about your market view of the Euro. What do you think?

Jacko's Forex House of Pleasure and Pain

for those complaining that have to sit and wait, dont worry, the euro is really compressed like a balloon, so it should explode soon, one way or another. For Price Action lovers, On 4 H chart the last candle is a bullish PB, so we might get another ...

Jacko's Forex House of Pleasure and Pain

I think we got the bounce from 1.5800 Acetrader was talking about. Im in at 1.5830, rather late coz I just got home, and my order at 1.5780 didnt get filled. The chart for me is pretty obvious: higher tops and higher lows, except the damn gap the ...

Jacko's Forex House of Pleasure and Pain

Bakuli, you are obviously making great progresses here. My deepest respect to you. I agree that 2 trades per week with Euro should be maximum. We tend to over trade but until now the euro was quite good to us, at least to me. Im a bit pissed because ...

Jacko's Forex House of Pleasure and Pain

Nice entry Sean. Can you explain me why at 1.5710? Im still reluctant to enter now, as Euro is still filling the huge gap. Once it will fill it and still move upwards, I will consider to enter, perhaps at 1.5850. On 4H I see a small resistance at ...

Jacko's Forex House of Pleasure and Pain

thanx a lot, this is what I needed.

james16 Chart Thread

I think you got the answer already. Sorry for being late replying to you.

Jacko's Forex House of Pleasure and Pain

thanx for the info, i got Northfinance now, but I have only gold and cant find the Dow. whats the code for the DOW, something like # something....?

james16 Chart Thread

thanx a lot raczek. Can u pls tell me which broker with metatrader features DOW charts too?

james16 Chart Thread

to raczek — what do you think about all the PBs on yen crosses today? Are they good setups? My fear is that this was an artificial move and tomorrow the market will resume its normal trend, which is down.

james16 Chart Thread

I agree. I find it too risky to enter now. 5650 should be a good entrance, and if broken, 5500 and 5200 are next.

Jacko's Forex House of Pleasure and Pain

Sure, pipsalot. But please keep in mind that im just a newbie and I might just have been lucky these days. However, Im trying to apply the simple rules that Jacko taught us. 1. always go with the trend, so with euro dont try to sell while on Daily ...

Jacko's Forex House of Pleasure and Pain

I CAN — Since I started trading the Jacko method, around March 24th, I barely had any losses. I just checked my account today to see the history, after my last buy order reached 5900 this morning and I couldnt believe it. Following the ...

Jacko's Forex House of Pleasure and Pain

You DESERVE IT!!! what are you doing on this thread if you are selling in an uptrend?

Jacko's Forex House of Pleasure and Pain

I second that. The trading environment is awful and annoying. I think until tomorrow past rate decisions I will stay out. However, even on 4H euro is still on an upward sloping TL, so if I were to enter a position, i Definitely wouldnt sell.

Jacko's Forex House of Pleasure and Pain

wow, I have no idea what happened to the Euro, there were no news, but it just shoot up. Im already 120+ on my old trade so I exited it to save the pips and entered a new trade at 1.5750,stop 1.5680. Why? because I think its good to buy strength.

Jacko's Forex House of Pleasure and Pain

Thanx Hendrix. Im still in that trade, but its not moving. The market is dirty at the moment. actually today it was a mess. it has always been like this after NFP. I hope tomorrow we can see some more normal trading environment.

Jacko's Forex House of Pleasure and Pain

The euro has moved already 78 pips away from my entry. Moved my stop at BE. I will give it more room to develop. Its funny. With this quick trail stop method, I didnt lose money until now on Jacko trades.

Jacko's Forex House of Pleasure and Pain

I got in at 1.5650. Now at 30+ pips, but I will hold my stop in place and move it to BE once I am 50+ . Lets see what happens.

Jacko's Forex House of Pleasure and Pain