Price is consolidating — After the rough waves price is consolidating waiting for the EUR news 8:00am EUR image IMF Press Conference 9:00am EUR image ECB President Trichet Speaks It will be interesting to know how they will effect the ...

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Manage to bag 6 pips — Manage to scalp on retracement for the USDJPY unfortunately I did not get in earlier. A note to myself be very careful as the 5 min chart show no consolidation so the trend is not a continuous pattern get in. Also pls ...

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Manage to bag another 20 pips prior to London open — Hi there, As mention above prior to London open EURUSD has a resistance trendline break, lagging Stoch and MACD does't show any crossover but I take my bet as it is London open. In this kind ...

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A breakout prior to London open — Hi there, As you can see the below chart for EURUSD and USDCHF and USDJPY there is a constant hits on the resistance and support line then eventually there is a breakout which I manage to bag for the EURUSD ...

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Back in business — Hi there, The last friday I did not trade as well not in a wakey mood so today is a mon lets try. Honestly speaking I am not profiting with this system as I have 6 charts on my screen. Too many to look. Also my MM sucks even ...

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Hi there, another weapon for my arsenal — Hi there, As I have been asking the seniors here to help me on my EA which relies on Trendline break for entry confirm by MACD crossover and Stoch not overbought or oversold I happen to search the ...

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a 123 bottom — Did not spot this 123 bottom on the USDJPY 15m chart. Bail out too early only manage to bag 10pips after which the dotted green line above shows the projected PA moves. Should have been patience enough as Stoch not overbought, ...

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a note to myself. — A note to myself, sometimes it is better to wait for a reversal pattern and went for your order however before anything if force index show nothing see if Stoch is overbought or oversold that is with your order instead of ...

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Manage to scalp again — Hi there, Just after the news EURUSD again after a spinning top should reverse but notice the Force Index did not touch the 0 leve means the bulls still have some steam to go. Indeed it as and I manage to scalp ...

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Manage to scalp something prior to london open — Hi there again, It is me david here. EA told me about the supply/resistance trendline break, drop down to 5min chart to confirm stoch not overbought, Force Index no spike and MACD is above ...

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ok I need help on Fibo — Yesterday 15 April before London close spotted a trendline break to the downside made the order but PA moves too slow so had to bail out at a lost. Then notice that MACD was still above the waterline or 0 so gamble and ...

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Another retracement after the news — hi there, Another Force Index at work here plus resistance trendline break for the USDJPY and this time I am prepare to bag the USDCHF as well as the EURUSD on the support trendline break. After that bag ...

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Normally it meant... — Hi there, Normally it meant there a breakout of the resistance line is about to form do a 5 pip above the resistance line and let the market run you in. Actually I just learn something today. Before London open plot your ...

Jacko's Forex House of Pleasure and Pain

Trend reversal — Woah I have no idea what is going on maybe impact of GBP and EUR combine having the time of my life. As mention whenever a trend reversal is likely to form look out for the Force Index for a opposite reaction for the bull and ...

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Scalping on the 5m chart — Hi there, This post is for me if there is a reversal candle like doji or spinning top effective after a run drop down to 5m chart to look for trendline break to catch another 15pips just like the EURUSD Reversal ...

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Bag on reversal — Hi there, This post is just for me to remind myself that I could scalp a few pips on reversal as well. After EURUSD lose steam there is a spinning top should place 3 pips below the spinning top candle to catch the reversal. ...

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Bail out signals — Hi there as mention in the previous post both EURUSD and USDCHF 5m chart show some hammer and doji. And there is a slight spike on the EURUSD maybe trend will cont not for me to find out but USDCHF is dip out see the Force ...

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Bail out due to fear — Hi there, The USDJPY order I bail out as it PA moves too slow however I manage to bag 10 pips of EURUSD and USDCHF due to supple and demand trendline break. Both Force Index does not show spike and dips. Not very nice ...

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USDJPY — Hi there, Today EA just took order on the support trendline break. MACD and Stoch overbought, historgram show strength below 0 and Force Index below 0. Estimated take profit at 100.85. Lets see whether this is a boom or a bust. Today ...

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Ok it is a trend follower — Hi there, For the month of April EURUSD has show sign of weakness. That is why the EA don't work 3 2 weeks ago. However to make full use of this EA one must learn to identify trendline and MACD divergence to ...

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