Must also take account of fundamentals. — Dupont, Support & resistance are area's where there is going to be a fight between buyers & sellers. Same trade off at 50% retracement levels and round numbers. Perhaps a more in depth understanding of ...

Jacko's Forex House of Pleasure and Pain

Sellers caution! — Possible option barrier 1.4800 to 1.4810 could be vigorously defended. Suggest caution approaching that level. Regards, BabeFX Better to be out of the market wishing your were in, than in the market wishing you were out !

Jacko's Forex House of Pleasure and Pain

Don't fool yourself ! — Following Jacko's trades & using him as a signal service doesn't make you a trader. The only value you will receive from joining his group is to learn how to analyze the market & how much more profit there is in waiting ...

Jacko's Forex House of Pleasure and Pain

[quote=lmturek11;3218971]after reading the first 155 pages of this thread my first question is: using the start of the present move at 4627 would I look at a 00 or 50 near the 50% retrace level to enter? for instance IF retrace from present level ...

Jacko's Forex House of Pleasure and Pain

Hi imturek, Here is one I prepared earlier. Regards, BabeFX

Jacko's Forex House of Pleasure and Pain

It can be mathematically demonstrated that in any wager game with varying probabilities, winnings are maximized by adjusting the bet size in accordance with the perceived chance for a successful outcome. -The New Market Wizards Hi dengzhi, I ...

Jacko's Forex House of Pleasure and Pain

Hi Tatton, No problems. I have been following your posts when time permits & have found them useful, keep up the good work. Regards, BabeFx.

Cool Runnings intraday swing trading

Hi Tatton, Yes that is true ! & is clearly shown on the weekly chart as the ist level of support @ 134.21. Perhaps I should erase that 1995 remark from my previous post. Regards, BabeFX.

Cool Runnings intraday swing trading

Look at the weekly fo further clues ! — Hi laromanell, Take a look at the weekly charts to help you decide on your next trade. The levels of support are marked in green & are at 134.21 & 132.43 The next level of resistance is marked in red at ...

Cool Runnings intraday swing trading

Another way of determining stop loss levels. — If you are trying to allow for volatility you might want to try using something like ATR10 X 1.6 on the 4hour charts or if you are planning to stay with your trade a number of days try ATR5 X 1.6 ...

Jacko's Forex House of Pleasure and Pain

Few traders understand this basic concept ! — Tunera, Its refreshing to see this post, more traders would succeed if they could just grasp this fact "The Market is just a machine that processes orders". Regards, BabeFX.

the broker pushing to stop you out..a myth or a real thing ?

Thanks. Have a "Merry Christmas" Regards, BabeFX.

CCI

yonnie, I am just trying to point out to you that in your earlier post you implied that we had been out of the trading range for 2 days when in fact we only exited the range yesterday on a break of 1.3080. It appears to me that you just want to ...

Jacko's Forex House of Pleasure and Pain

Illogical Trader — yonnie, B*****Ks We are just exiting the trading range as of 1.3082 or there abouts. A different set of rules should be used when trading range bound markets. Ist rule, make sure you can identify a range bound market. ...

Jacko's Forex House of Pleasure and Pain

Barak, Also take a look a bond yield differentials 10yr Bund versus 10yr US Treasuries look to favour Euro. A breakout could be on the cards. Regards, BabeFX

Jacko's Forex House of Pleasure and Pain

yonnie, We are in a trading range at present. If you are going either long or short in this market and using a 100 pip stop & taking profit between 50 & 80 pips how many 100pip losses can your strategy withstand ? Regards, BabeFX.

Jacko's Forex House of Pleasure and Pain

Trendsetter I am still confused, would you mind highlighting each of the daily bars you have traded this method since the start of September. Regards, BabeFX.

No Brainer Trades

Interesting theory — [quote=TrendSetter;2406460]Hey triphop If you take our previous daily candle and place the Open High Low and Close on yor chart you will see that the next day uses each and every one of those levels. That is actually how I ...

No Brainer Trades

Possible Bucket — Eur/Usd possible bucket @ 1.2637 long BabeFX.

No Brainer Trades

FXfelix. 1. If you look at the weekly chart you will see that todays move has taken out the previous 2 weeks highs. 2.Take a look at the monthly and you will see a tweezer bottom forming. 3. Look at the daily and you will see it is attempting to ...

Jacko's Forex House of Pleasure and Pain