CW ( or anyone else), The AUD/USD daily looks to be testing support at .7850 after a double-top. would you short a break of support, or wait for a retest to confirm that support has turned into resistance? I ask because price tends to fall faster ...

Silent Service Method

1522dad's comment, made me rethink my short at 1.3868, and I closed it for 23 pips. Then opened a limit buy above the 4H pin formed at the beginning of yesterdays Asian session. Then I thought, WTF am I doing? Jacko scalping? Cancelled limit order. ...

Jacko's Forex House of Pleasure and Pain

Thx Ricky,it appears fate even smiles upon the handicapped every now and again.

Jacko's Forex House of Pleasure and Pain

Closed trade for 94 pips @ 1.3868. Reversed position. Since I thought of this upward move as a pullback, I also took a short at 1.3868 (market order).this one I'm hoping to let ride. We'll see. Edited because I was too chickens**t to let price close ...

Jacko's Forex House of Pleasure and Pain

update: Still in long from 1.3773. Moved hard stop to 1.3850, 75 pips locked in. confidence low=tighter stops. Now it's up to price to keep me in, or boot me out.

Jacko's Forex House of Pleasure and Pain

I need to confess, that I've had a bad case of "analysis paralysis" lately. I've been SOOOOO patient that I absolutely NEED price to do what I expect to justify entering a trade. Problem is...price does what it wants, and it doesn't consult me ...

Jacko's Forex House of Pleasure and Pain

I went long at 1.3773, based on two notions: A) I have no idea what price is going to do. B) It has some likelihood of bouncing off of fibs and resistance. Stop is tight.

Jacko's Forex House of Pleasure and Pain

I think that about sums it up. Short for the near future, or sit on the sidelines looking for PA that gives uptrend re-entry signals. my 2 pips.

Jacko's Forex House of Pleasure and Pain

Thanks for dropping in Jacko. I just finished the entire thread. I took about 9 days. I'm waiting for 1.36 for potential longs, but won't really know til we get there. Might take smaller trades between now and then if they look promising.

Jacko's Forex House of Pleasure and Pain

Jpnec, Your PM is disabled. I tried to send you a message. Google this: alertfx.com

Jacko's Forex House of Pleasure and Pain

Thx pipped. You rock. On a side note....I recently went through the part of the thread where E/U fell off a cliff when everybody was looking for the continuation of the uptrend. Price ranged for almost 3 months, and then started plunging mid-July. I ...

Jacko's Forex House of Pleasure and Pain

I appreciate everyone's point of view also, and wish I had enough familiarity with EU to take some of the entries others do. Please don't beat me up for this: Every now and again I'll put a MACD on the charts just to see if the two agree, and it's ...

Jacko's Forex House of Pleasure and Pain

left.

EURUSD

that's some funny s**t.

EURUSD

For you, Jacko. — This one's just in case Jacko stops by for a look. image

Jacko's Forex House of Pleasure and Pain

I drew the TL on the daily 2 weeks ago, and was amazed to watch price bounce off of it today. Would you like to see the daily H/L used?

Jacko's Forex House of Pleasure and Pain

image

Jacko's Forex House of Pleasure and Pain

I haven't taken a trade this week yet, but it looks like some of those big boys have the same TL. This was drawn before it was broken last week. image

Jacko's Forex House of Pleasure and Pain

just for fun. — image

EURUSD

Yes, lovely charts lovejoy.

Jacko's Forex House of Pleasure and Pain