To AH or not to AH? Hmmm, I have AH'd, got my order in. What about you other turtles?

Jacko's Forex House of Pleasure and Pain

I reckon 1.5650 looks good - 50% fib from low 19 May to today's high (4hr chart) But, as they say, I could be wwwrong!

Jacko's Forex House of Pleasure and Pain

Rob, Colin's right - no AH on a winning trade. Good trade though - well done!

Jacko's Forex House of Pleasure and Pain

Yep, really Look, when Jacko goes short (very rarely) he calls that his COUNTER-TREND strategy. I think that makes the trend direction as applied to his method pretty clear. It's up. When it changes direction (and it will) it will take months until ...

Jacko's Forex House of Pleasure and Pain

[quote=SBrickman;1990985]If memory serves me correctly, Jacko uses W1, D1 and H4. So that's more than one trend, is it not? No HTH

Jacko's Forex House of Pleasure and Pain

Thank you, SeekingLight Nail. On. Head.

Jacko's Forex House of Pleasure and Pain

The MAIN Trend — Because it doesn't do it - it just shows short term noise Jacko's idea is to identify and trade with the MAIN trend. The MAIN trend hasn't changed for years - and its not about to just yet. At the moment EURUSD is retracing ...

Jacko's Forex House of Pleasure and Pain

Absolutely Its really not that difficult Don't overcomplicate it and make it harder than it has to be Remember - leave your brain at the door!

Jacko's Forex House of Pleasure and Pain

Guys - take note of the line "Lost interest there when a lot of young aggressive newbies came in" Please can we cut the rudeness and aggressiveness which is starting to affect this thread? Calling people "trolls" and inviting them to "bugger off" is ...

Jacko's Forex House of Pleasure and Pain

Hey Dopey Maybe you're not dopey at all! Very wise words. PS Cup? - I could manage a bucket! LOL

Jacko's Forex House of Pleasure and Pain

I suspect this could be the much anticipated ECB intervention. I'm staying on the sidelines - goodness knows where this fall could end. Could be good buying opportunities next week though!

Jacko's Forex House of Pleasure and Pain

takeprofit Hey if my buy limit order is not hit, as I said before I've lost nothing. I hope you make lots of pips from your trade and I shall just wait for the next inevitable retracement to look for my next entry. It might not be this week or even ...

Jacko's Forex House of Pleasure and Pain

Hi takeprofit When I say I am a buyer at 1.5850 I mean I have a buy limit order in at 1.5850. (This is Jacko-speak) The first order was hit for a 44 pip profit. The second has not been hit - yet! I find this method of buy limits and buy stops suits ...

Jacko's Forex House of Pleasure and Pain

1.5850 again! — I am a buyer at 1.5850 for the second time today! (50% fib low 4/15 - high 4/17, still hanging around that strong trendline, round number) The first trade yielded 44 pips as I used a 50pip TSL. I passed on the 1.5900 trade as I ...

Jacko's Forex House of Pleasure and Pain

1.5700 — I am a buyer at 1.5700 (Good S/R level, 50% fib of recent high/low and 4Hr trendline support) plus round number of course But I could be wwwrong!

Jacko's Forex House of Pleasure and Pain

Alpari Live Account — I've had an Alpari UK live account for over a year and never had any trouble - I'm based in the UK so its easy for me to phone with any queries and they've always been most helpful and professional. I've NEVER been ...

Alpari.co.uk Discussion

Alternatively 1.5400 looks a good entry point. Round number 50% fib 1.5282-1.5512 I'm thinking a deeper retracement to 1.5300 might not happen before it takes off north again. But I also could be wwwrong!

Jacko's Forex House of Pleasure and Pain

Trailing Stops — As a (previously unannounced) member of Jacko's group. I feel I would just like to add my views on Jacko's trailing stop strategy. Over the Christmas break I have thought long and hard about this. It seemed to me previously ...

Jacko's Forex House of Pleasure and Pain

Hi Jacko I have quietly been watching and learning your approach to Forex trading for months - on this thread and previous posts. I just feel I ought to thank you for making FX so simple - I really believe that the way to win at this game is to ...

Jacko's Forex House of Pleasure and Pain

not just me then! — Yes its been a bad day - went long at 65 this morning, then came the bad UK news. Luckily I didn't use a stop loss and just waited till it retraced up again. Just got out relatively unscathed for loss of 16 pips. Not a day ...

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