I think that if you want to be more "jacko-style", you should first get your chart as clean as you can.

Jacko's Forex House of Pleasure and Pain

Lol. You have "Freedom" in your nickname, but you are so enslaved by the market that you can't even go to the toilet.

EURUSD

It's on the first post of the thread: url In his blog you can find his email to contact him. EDIT: In fact the blog is in his signature.

Jacko's Forex House of Pleasure and Pain

lawgirl21 and jonpoler Thanks to the 4H resistance, you both made some good profits. On my side, i now look silly with my daily resistance just below 1.4150 But well, it's better to be out of the market wishing you were in, than to be ...

Jacko's Forex House of Pleasure and Pain

If i remember well, he is looking at a little "exhaustion" spike at the resistance/support, to confirm the reversal. If he is wrong with that reversal, his position is closed by its stop loss, then he uses the AH to recover the trade.

Jacko's Forex House of Pleasure and Pain

Yes, at the 1.3800-1.3850 mark there is the 4h resistance line. I am not using that one, but i think that a good idea to sell there. Anyway, let's be careful the EU Economic Summit could bring the euro up (and i need that in order to sell around ...

Jacko's Forex House of Pleasure and Pain

What was the idea behind selling a that price? You are in the direction of the trend (at least that's what i think), but not anywhere near S&R lines (well, i don't see which one). That's what Jacko's strategy is about: - The direction of the trade ...

Jacko's Forex House of Pleasure and Pain

I am also looking to sell at the resistance, currently at 1.4150-1.4200 (even though the price won't reach it today). But the resistance is getting down every day...

Jacko's Forex House of Pleasure and Pain

Just look at the calendar: 8:30am USD Non-Farm Employment Change 8:30am USD Unemployment Rate

Hey, USD! What's happened??

The Economist — I like taking a look at the The Economist: url

Your Best morning coffee links

Going to the 50% fib at 1.4650-1.4700. — It seems to me that the EUR/USD, is trying to make (slowly) its way back to the 50% fib at around 1.4650-1.4700 (i intend to sell here). That would make a new high to draw our future resistances.

Jacko's Forex House of Pleasure and Pain

50% retracement on Daily bar chart — I personnaly use a Daily bar chart, and only use the 50% mark.

Fibonacci Retracements

It's already hard enough to discuss trading with somebody that thinks that he knows about markets. So i won't even try with people that don't know anything about trading or investment. I did it once, i turned up to have all kind of unknow (boring) ...

Discussing trading with non-traders

I saw that chart on another thread, but i don't remember which one, so...

Trading Posters

I came up with the conclusions, but : 2- I think that this is more like H4 when there is great volatility, and D1 when things are pretty normal. 5 and 8 - It seems to me that they also used 100 pips Trailing stop and/or fixed stop when the market is ...

Jacko's Forex House of Pleasure and Pain

I think that a lot's of people forgot that when you are trading, you are spending money AND time. Even thought forex can give your invested money back (if you are successful), it won't give your invested time back, at least, not the same way.

A Cautionary Tale

Exactly, Wednesday should be a mover. So, let's wait

Jacko's Forex House of Pleasure and Pain

The market is now around 1.4550. I look a little silly with my retrace . But i do not see another entry point for the down trend we are into. If i try to draw a resistance line with the last few days highs, it's just too steep. Let's hope ...

Jacko's Forex House of Pleasure and Pain

It seemed to me that when the support line was broken, it was supposed to become the resistance line. And the price going back to touch it was supposed to be a confirmation of that. But i can't find a post of Jacko stating that

Jacko's Forex House of Pleasure and Pain

The market dropped 500 pips from 1.51 (2nd december) to 1.46 (11th december). With such movements, it could easily go back to 1.4900 before the end of the week.

Jacko's Forex House of Pleasure and Pain