thank you, Ace, is good to know that you also got profits these days. Following the original rules of Jacko and keeping it simple will always keep us out of trouble. The euro became really easy to trade for me. I dont brag either, I know where my ...

Jacko's Forex House of Pleasure and Pain

for me these 2 days were really good again. The AH and Trail stop seem to work really well. Had a position initiated at 5600 after the doji on 4H and another one at 5700. Trail stop 50 pips due to NFP so I got stopped out at 5724 during NFP, because ...

Jacko's Forex House of Pleasure and Pain

Hello John, If you read Jacko's rules carefully, you will see that they are meant to be used with the trend. So i dont think they work if used in a counter trend approach. Even if you expect that the Euro will start falling soon, as you can see now, ...

Jacko's Forex House of Pleasure and Pain

50 pips loss in total is nothing, I would say, its equal to 1 trade loss. So cheer up and wait for a good price to enter back long. I think, as someone said here before, that we overtraded this method these days and its not good. This method is ...

Jacko's Forex House of Pleasure and Pain

Great dude, yours was the best price you could get. I regret for not being more open minded and being blinded by this short term reversal BS. Go with the trend and you will not lose in the end.

Jacko's Forex House of Pleasure and Pain

seems like im the only person in green now? ok, now moved stop at 5620 the euro jumped incredibly fast after going against me during news. I got worried a bit and closed 1 lot at 2 pips. Now I regret it;I still have to fight with my psychology. ...

Jacko's Forex House of Pleasure and Pain

It seems that my Counter Trend strategy faded away with the new setup on 4H Its always good to wait until candle close and not jump in right away. As i write this, Euro just made a nice doji or PB on 4H on the ascending trendline so this is a ...

Jacko's Forex House of Pleasure and Pain

i think you didnt miss anything obvious. You just need more experience in order to "get to feel the market" as they say. This is where discretion steps in. Your buy order is perfectly correct, so you dont need to be dissapointed coz you were stopped ...

Jacko's Forex House of Pleasure and Pain

hey guys, this is my view on the counter trend strategy: Since now Euro is clearly in a short -term or medium term reversal, i would go for some counter trades as well, since its not in my nature to stay too long on the sidelines. My strategy is to ...

Jacko's Forex House of Pleasure and Pain

Reading quietly this thread in the past days was great. i learned so much and definitely have a different view over the charts now. Special thanx to Bundy, Raczek and Seeking. Your input is great. Thank you everybody for all this amazing info you ...

james16 Chart Thread

Hello Bundy, can i ask you for your indicator for weekly PP? Thanx in advance.

james16 Chart Thread

Hello again Jacko fans. Ready to jump in the trend. Im long at 5620 - the 50 fib retracement of last move up. The price just put me back in. stop in place at 5570.

Jacko's Forex House of Pleasure and Pain

no problem. Just checked my positions and noticed I got stopped out at BE and +20 pips for second lot Anyway, I dont think its a good time to buy now either, its the end of the month. Lets see how the daily candle will look like and I will decide ...

Jacko's Forex House of Pleasure and Pain

I didnt pick up tops. I just got the feeling the trend is too strong to fall so I entered at a round number. My stops are now at BE and at 20+ so I have a free ride. I dont see EU falling lower than 5850 before running above 5900. good luck all.

Jacko's Forex House of Pleasure and Pain

I am also long from 5800, only 1 lot. Waiting for the break of 5850. This should happen tomorrow earliest.

Jacko's Forex House of Pleasure and Pain

I will take it. Sell order at 2.0010.

james16 Chart Thread

Hey Daz, what do you think about this setup on Usd Jpy? To me it looks pretty good. Retracement to 61%, reversal candle, stoch bearish cross, pair is under the 200 sma - blue and under daily pivot -green. I entered short at 99.30 with stop at 99.90 ...

Powerful Fib Based System - by DAZfx

can we consider this as a DBHLC even if the highs are not equal, but it formed right at a down sloping TL?

james16 Chart Thread

I would like to ask you what do you think about these 2 weekly PBs? The price moved above their respective highs but apparently its heading down again. Any advices?

james16 Chart Thread

Hehe, this is a nice way of grasping the strength of a trend. I have the same problem, I estimate easier the power of a downtrend than of an uptrend. Maybe because we are used to the law of gravitation Anyway, I hope your position from 5750 is ...

Jacko's Forex House of Pleasure and Pain