good info — Some very good information on these current posts. I'm following all this line trading. However I have trouble with this type of trading, or likely I don't have a well thoughout trading plan for this type of trading. I've been ...

zoopy's trading journal

New lows this week? — Well I'm out of the market with 10 pips loss per contract ( was using 50 TSL ) Thought I'm not grinding my teeth for not waiting market to break 1.5500 . I'm happy to pay that price for the peace in my self, as if I ...

Static's Place

Yes, this is the trendline I'm concerned about. And yes, what bothers me most, that's why I'm long right now is because that daily pinbar might put the end to the down move and we will not see 1.5200's , so instead for waiting 1.5500 being broken, ...

Static's Place

eur — I bought in half position at buy limit at 1.5440. Bearish Trendline on 15 min chart was pressuring market to move lower so I thought if it goes to 1.5450 it might was well go lower because 1H bullish trenline was around 1.5430. The ...

Static's Place

Whos in for the ride? — Whos in for the ride at 1.5450? Market now at 1.5470 We saw run ups of over 200 pips as retraces. this run up is now 202 pips retrace yet. So we did not witness anything extreme. Thought trichets comments might have ...

Static's Place

true, I just got fooled by 4 hour strong candles, we didnt have any for a while. Thought last 4 hour candle in last 2 hours droped forming a pin. That's when I became carefull and decided to wait and see.

zoopy's trading journal

yep, market moving down. I did not take the trade as something did not feel right to me. Since following Jacko and following just one currency I'm starting to get gut feelings that I never had before. I would say those gut feelings have a fairly ...

zoopy's trading journal

Trying to post image for the first time — image I wonder how much luck I will have with posting the image. Concerning zoopys wave method, I was backtesting it for some a while. I find it difficult to use it by it self alone. I get too many ...

zoopy's trading journal

Market is at 1.5580 I think market has bottomed and we will not see a another low. Market has rallied over 200 pips north from the last low. I will wait for the pullback and try to enter long. Maybe at 1.5550 or if its going to pull back strong I'll ...

zoopy's trading journal

? — I have a question zoopy When price breaks the wave, and you wait for it to retrace back, to turn around and only then enter in the direction of the move, wich is logical. My question is, how do you know when it made the turn around? What ...

zoopy's trading journal

good work zoopy I see alot of potential in this . Now lets learn to trade it

zoopy's trading journal

eur/usd — Hmm... observing the last couple of days. This market really doesn't like 1.5550 price, nor does it want to go over 1.5600 . It's news week this week, I have a feeling we're going to have bad news for US and since market feels ...

zoopy's trading journal

your on to something good zoopy, that gives alot to think about. But I still see a small problem with this. After a line chart brakes the wave, then you get an entry singal, but this will be laggy, you will only get an entry signal after ...

zoopy's trading journal

Not neceserely, it broke through 1.5600 strong, and now is comming back to it to test it. Once it gets there, it will encounter resistence and will fall back to 1.5500

zoopy's trading journal

Just an update. I took the trade on monday. I did not feel comfortable placing and order over the night because we had a strong down candle before I went to sleep and when I woke up I saw market had touched 1.5600 and reaching as high as 1.5680, ...

zoopy's trading journal

eur/usd showed some weekness on friday before weekend close. This drop could be it. Ofcourse we have to be carefull since this is still very much a downward movement. But I'll be looking for an entry on monday. Zoop, your beob theory seems to be ...

zoopy's trading journal

Lets stick to Jackos methods on this thread — This is intresting strategy to trail your trades as well as to enter your trades, but that is Ganns "system" of trading. In this forum, we're trying to apply Jackos succesfull system of trading, in ...

Jacko's Forex House of Pleasure and Pain

The reason I got away with small bruze of 30 pips because I did not have 100 pip TSL. otherwise it would have been 80 pip loss. I have a little different strategy to enter trades wich I don't want to discuss here. Yes, you right. I have my own way ...

Jacko's Forex House of Pleasure and Pain

You just got alot closer to being succesfull in this business Mat

zoopy's trading journal

Plan for monday — Week done. Very bearish week this was. Last 3 weeks we had nothing but dancing up and down. Now it looks like that's past and will see some more consistent movement from now on, wether its bullish or bearish. As I mentioned, ...

Jacko's Forex House of Pleasure and Pain