On a slightly different topic, it seems Jacko's counter-trend method was more or less abandoned on this thread, because it didn't provide the trend-backstop that makes the AH deployment successful. I was thinking that if you kept all the existing ...

Jacko's Forex House of Pleasure and Pain

Thanks for your analysis RR, however I would like to clarify my view. If we start from the perspective that the trend is up, then as per Jacko's method, we should be looking to go long, at the 50% fib, and preferably in conjunction with a round #. ...

Jacko's Forex House of Pleasure and Pain

here's what I see. image image

Jacko's Forex House of Pleasure and Pain

PS, I am open to the fact that this may be the resumption of the uptrend, and if so, I'll look for another long entry on a pullback.

Jacko's Forex House of Pleasure and Pain

The bounce suggests the previous trendline has turned from support to resistance. This is obviously unconfirmed. However, should price continue southward, the daily 50% fib lands around 1.3610. I have been wrong enough, even I'm wondering if I ...

Jacko's Forex House of Pleasure and Pain

Price has bounced nicely at 1.4120. Looking for longs around 1.36.

Jacko's Forex House of Pleasure and Pain

I haven't read the entire thread yet. I am around page 350. I was uncertain about the hard stop/TSL parameters. I have reset my defaults to 100 pip TSL only, and cut lot size in half to accommodate the risk. tomorrow is a new day.

Jacko's Forex House of Pleasure and Pain

image Price will meet the old TL around 1.4125

Jacko's Forex House of Pleasure and Pain

Placed AH at 1.3950. 50 pip hard stop, 100 pip TSL. got closed @ 1.3900. Bugger.

Jacko's Forex House of Pleasure and Pain

also deleted by author.

Jacko's Forex House of Pleasure and Pain

I am canceling this AH and waiting for price to tell me which direction to go. Should we head further south, I will re-place this order, once it has some breathing room. Should we head north again, I will look for entries as per the method, and ...

Jacko's Forex House of Pleasure and Pain

deleted by author.

Jacko's Forex House of Pleasure and Pain

I got an AH order placed at 1.3950 from last Friday's failed trade. I know the AH is supposed to be mechanical, but it's way too easy to imagine price hitting the x.xx50 before heading south again. I am thinking about canceling it. Any thoughts?

Jacko's Forex House of Pleasure and Pain

I would have to say, that although Jacko developed this method during a 5 year bull-run, only to have it ruined by the banksters, the increased volatility and subsequent "lack of trendy-ness" is healthier for us as traders, as it teaches us that ...

Jacko's Forex House of Pleasure and Pain

empty

Jacko's Forex House of Pleasure and Pain

Seeing the bounce off of 1.3803 left me feeling a little envious, since it happened while I was asleep. No blind limit orders this week, those knives are much easier to pick up once they've hit the floor. My thoughts on uptrend possibilities are ...

Jacko's Forex House of Pleasure and Pain

If you click on the paperclip link at the top of the page, next to the "page selection" links you will find a list of attachments for this thread. Click "hide images" and you will see there are 4 or 5 MT4 trailing stop EA's, people have used over ...

Jacko's Forex House of Pleasure and Pain

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Jacko's Forex House of Pleasure and Pain

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Jacko's Forex House of Pleasure and Pain

TF's in review — If these charts are clogging up the thread, please let me know and I'll remove them and reduce further usage. image image image image image

Jacko's Forex House of Pleasure and Pain