Anyone else receive the free trading diary, written by Colin Twiggs? (who founded incrediblecharts.com) He's projecting a medium-term target of 1.65 based on an upward breakout at 1.59. Since March 17th, Euro has been moving in a bullish ascending ...

Jacko's Forex House of Pleasure and Pain

lol, oh well time says it's now pub night so got to go! have a great weekend everybody!

Jacko's Forex House of Pleasure and Pain

a battle of the fibs? as an update to my above chart, here's another one showing the 50 fib retraces. fib 1 is the retrace from A-B pointing to the downside. fib 2 is from B-C suggesting continuation to the upside. Given we are still in a major ...

Jacko's Forex House of Pleasure and Pain

guys i'd be careful with longs right now, price has retraced forming an hourly pin bar on the 61 and 50 fibs from yesterday's high. On another note, cable also looks quite bearish, forming a nice continuation pinbar yesterday.

Jacko's Forex House of Pleasure and Pain

hi cruze, what was your technical reasoning for entering this trade? 4 hourly trendline support to me is around 1.5750

Jacko's Forex House of Pleasure and Pain

thanks MPP, that's right! no order has actually been placed yet. I would need price to fall to at least 1.5500 and then resume the uptrend.

Jacko's Forex House of Pleasure and Pain

doesn't seem like my lone soldier at 1.5550 will be resurrected. R.I.P!

Jacko's Forex House of Pleasure and Pain

so newbie, what would be a good amount in your opinion to start off with? $10,000 enough? what is the difference risking 2% of $10,000 (50 pip stop) therefore trading 4 mini lots versus 0.4 standard lots? A mini account will overcome the ...

Jacko's Forex House of Pleasure and Pain

thank you fxtrader for that link! i don't recall it being posted before, maybe i missed it.

Jacko's Forex House of Pleasure and Pain

all this talk about groups has me wondering if Jacko will create a 3rd trading group and what one has to do to join? sounds like group members are receiving an awesome education!

Jacko's Forex House of Pleasure and Pain

newb, with the amount of times you've said you're now a professional trader and making tonnes of money, you might have to consider changing your avatar name! speaking of Jacko, where is he these days?

Jacko's Forex House of Pleasure and Pain

well my first demo trade was stopped out at 1.5550. More patience waiting for price to hit the trendline would have been better. For AHS to work, I'd now have to wait for price to at least 1.5500....before setting my buy stop. Not sure if this is ...

Jacko's Forex House of Pleasure and Pain

thanks!

Jacko's Forex House of Pleasure and Pain

I have somewhat of a newbie question regarding manually raising my stop on my first demo trade using Jacko methodology. I entered on a limitbuy at 1.5600 9hours ago at 2pm GMT, corresponding to the 50fib and a minor support/resistance area. Since ...

Jacko's Forex House of Pleasure and Pain

Just spent the last few days reading this thread in it's entirety, taking down lots of notes. Refrained from posting until now until I'd read everything. It's certainly been enlightening and at times entertaining! Thanks Jacko for sharing your ...

Jacko's Forex House of Pleasure and Pain

Hi Scott, the 6.6% is on an opening balance of $5000. Balance now stands at $5339. Equity currently at $4681. Only trading GBP/JPY. Risking 3% opening account balance on each trade which gives a lot size of 0.16. And it's a mini account

Steviet's Live Trades!

Just wanted to share my success demoing this strategy. Since beginning on Feb 25th and then spending most of last week on a beach, I've now had 45 winning trades, no losses and no stress. Balance now stands at $5323, up 6.6% however, current ...

Steviet's Live Trades!

Thanks again Steve for all your help and tips. What I really like is that this method is unconventional but still makes sense. It also allows me to try all kinds of entries (which is kind of fun coz at the end of the day entries don't really ...

Steviet's Live Trades!

thanks Flamenoc for clearing that up so once all the conditions have been met, do we enter at the start of the next bar after the cross?

Almost 95% winner USD/CHF System

thanks Peter for sharing your system. what do you do in the following situation when everything is moving sideways and we have whipsaw galore?

Almost 95% winner USD/CHF System