boredtolose - I like your signature...I think I'll change mine to :Fed - the art of printing money: I think we'll settle for the night around 2600 and then move close to 2500 or 2550 throughout tomorrow...

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Thank you for that encouragement Jacko. I am still waiting until my wife and I move from our apt to our house before I join your group, but as soon as we are settled, I will join. You have been an inspiration to me, as well as all of your past and ...

Jacko's Forex House of Pleasure and Pain

No truer words have ever been spoken. Trading is an extremely humbling experience but it also builds character... You are humbled by its power over you and your account, but the character it builds tells you to get back up and try again...NEVER quit. ...

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Took the words right out of my mouth. I'd say James 16 requires a bit more time...but with Jacko's method I am in and out in a few hours or less.

A system that works for a part time trader with minimum screen time

Two words...Risk Aversion... I really don't know, just felt like being a smart a**.

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maybe...I've been wrong before...a lot. But my reason to think it may get there is 1. the rising trendline on the 1h charts are still intact 2. that is the 50% fib of the large move lower 3. I like getting in the market at a discount If price is ...

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They had better refund the stops hit and put people back in their original position.

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Good stuff - I am waiting for 2800 to enter a short. What platform are you using for 8 hour and 6 hour TF's??? I like the look. Anybody paying attention to the super long term or the montly's?? I know on that TF we are still trending up, but I think ...

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I am sorry, but from what I've read (in the past and just today),I have to disagree. Jacko says he waits for a pull back - usually to the 50% fib and then enters the market. Now, I don't know him and my communication with him has been limited to ...

Jacko's Forex House of Pleasure and Pain

My equation has a few less $'s haha.. Thanks to Jacko, I am on track to becoming a professional full time trader in 1 year. That is if I can make the markets do what I want them to do...and we all know how easy that is!!!

Jacko's Forex House of Pleasure and Pain

BB- Understand, Jacko is a VERY patient trader. If he doesn't see what he wants before he places a trade, he WAITS for another opportunity. He will not buy/sell at an inflated price, only waits for discounts...that's why he is successful. Jacko - ...

Jacko's Forex House of Pleasure and Pain

Agreed, As I've said, I am looking to sell at 2800. I think with the 100 pip TS I'll be fine even if it does push higher. I don't think we'll get much past 2850 - 2900, but where Jacko says he "could be wwwwrong" I would say, "I am usually wwwwrong" ...

Jacko's Forex House of Pleasure and Pain

The scalpers are the loudest ones... It is because they are ALWAYS looking for a set up and are constantly revising their plans...so they check on here and comment a lot more. Longer term traders are waiting for something to unfold, not worried ...

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jphotdeals- take his advice, it was the best thing I ever did in my trading life.

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Just wondering how you came up with this. I have it hitting 2800 and then heading back down for a retest of 2500. This is b/c the 50% Fib from 3100 to 2500 is sitting right @ 2800.

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Jacko - How do you determine your significant Highs and Lows with which you draw your Fibs?? I have one drawn right now from 3100 to 2500 and the 50% mark is @ 2800. Does that sound about right?

Jacko's Forex House of Pleasure and Pain

My stop was finally hit last night for a +200 pip gain. Now I am waiting for the pull back to 2800 and will enter another short. I think we'll see 2500 in no time again, and then on to 2400. A lot of scalpers here, I am more of a mid-term trader. I ...

EURUSD

I don't think 2800 is to far out of reach...I have my order placed for when it gets there and will revise if it falls before that. Jacko - good to see you around, hope to see you again soon.

Jacko's Forex House of Pleasure and Pain

I am off to bed, this market is giving me a headache. I can't wait till my stop gets taken out @2600 so I can start looking at this market objectively again. See you all tomorrow.

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Now THAT is scary ahahaha...how long has he been trading. He probably knows more than any of us put together.

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