Interesting thing about numbers — Goodthings, Interesting thing about numbers is that you can play with them to arrive at different locations. When i looked at your numbers i spotted some differences to mine. but that is simply in the way we ...

Daily GBP/JPY analysis

PIN followed by IB — Hi Steve, I saw the PIN but it didn't amount to much. but what followed it was a IB (Sunday + Monday) which was quite a comfortable entry with more lots due to reduced stop size for my 1% risk. Enjoy Ademac

james16 Chart Thread

ASSUME — Mate don't assume anything. Test and prove it. With that in mind here is the Random equity curve generator url Take your test data and put it through this 10 000 to see what could be the worst case scenario. I suggest this because ...

A realistic trade plan

Another Jacko Post — I found this post in another thread Enjoy Ademac

Jacko's Forex House of Pleasure and Pain

My Bad — Hi Jacko, My Bad on getting the book wrong but there where many times while reading that book that i found passages from it, that matched some of your posts. That was why i got confused and also why i recommended it to others. Cheers ...

Trend Following Experiment - EURUSD

spot on. — You just realised exactly what Jacko has been telling us from the get go. Enjoy Ademac

Jacko's Forex House of Pleasure and Pain

Sitting on my hands — I agree with you that it looks like it may have found some support for now. I think it is safe to place a buy stop at 1.3500 as the price has fallen 50+ pips below that level. As to buying in when it reaches 1.3400 i ...

Jacko's Forex House of Pleasure and Pain

Yes, be careful a 3 month old trend line has been broken but there is no real change in the underling trend. See picture. As per Jacko's approach you wouldn't be in the market at this time as price has not fallen further than 50 pips below an entry ...

Jacko's Forex House of Pleasure and Pain

Adding to positons — Stevegee58, Ill attempt to clarify what i meant by that statement, If you read my post url you will see when and how i added another position to the trade. all is in accordance with the Jacko approach Enjoy Ademac

Jacko's Forex House of Pleasure and Pain

Yellow, A 50 pip stop is just that 50 pips from entry point no more no less. so if you enter at 1.3500 you place your SL at 1.3450 Then all you do is as price moves up you keep moving your stop up. Read this link Jacko explains what he means ...

Jacko's Forex House of Pleasure and Pain

My suggestion if you don't have Metatrader get it and open demo account, and try out some of the methods listed in the trading systems. What you should be looking for is a method that will suit the type of trader you want to be. My preference is to ...

Looking for a mentor

Hey mate, You did well, you have walked away from the trade with a positive outcome. your A-H is now enabled as the price has moved 50 pips or more away so don't sweat it. Just enjoy the feeling of your first successful trade using Jacko's approach. ...

Trend Following Experiment - EURUSD

I Like — Well, I woke up this morning to discover that i had been stopped out. Oh well i came out in front by 18 pips. One trade was positive the other negative, but i can see how this method can be quite good. My first trade was at 1.3500 ...

Jacko's Forex House of Pleasure and Pain

Some Reading — Hey mate, Have a read of this e-book, I have read most of Jacko's post on the FF and have begun reading this e-book. What i find amazing\interesting\funny is this book was written in 1923 and as i have been reading it i have ...

Trend Following Experiment - EURUSD

Perspective — I thought i would delurk and point you to two threads that are are lost in all the noise of the factory, they are good at showing you a road map you can use to survive and give some perspective to view the progression of your ...

90% of traders fail? - just a thought.

Average Daily Range — BB, I agree with Bytebodger about his analysis of daily range movement i built a spreadsheet to calculate what he is talking about i used it to formulate my SL and then TP. For the GDP/USD it measures the 20 day median ...

The Daily Fozzy Method

My thoughts — BB, I think that to trade this idea profitably all you really need is just the RIS MA cross, couple that with a good R:R ratio (2:1) and smart money management (2% Risk). The catch and yes there is a catch. This is what my ...

The Daily Fozzy Method

2 Weeks, 130 page and my own Fozzy variant later, would like to say thanks to Fozzy for starting it all, BB for all his hard work and everyone else for there suggestions. I have completed my back testing and after 1 year, by just trading 4 selected ...

The Daily Fozzy Method

try this — puts Daily, weekly and monthly pivot lines on a chart for you

Reliable weekly/monthly pivot points?

Dingo, I am glad your enjoying the ride so far but trust me wait until you see just how deep this rabbit hole goes..... Enjoy Ademac

james16 Chart Thread