well this price direction isn't looking very good .........

Jacko's Forex House of Pleasure and Pain

My AH @ 5726 got hit and I'm back in..........

Jacko's Forex House of Pleasure and Pain

OK .... just got off the phone with Oanda, it was a price feed problem and they are making the corrections to the affected trading accounts.

Jacko's Forex House of Pleasure and Pain

possibly .... but I think a screw up in price feed is more likely....... OK now which brokers are you guys on? I am with Oanda and the spike is there how ever it only shows on the daily and 3hr charts, it does not show on the time frames below ...

Jacko's Forex House of Pleasure and Pain

house cleaning...........

Jacko's Forex House of Pleasure and Pain

Actually I have found gutting my clients and studying their entrails to be most revealing.

Trading Psychology is BS

When using astrology you realy have to be careful when mars is rising and Uranus is descending....

Trading Psychology is BS

There are usually a series of minor reversals in any trend and this is where money management comes into play, to protect your profits during those corrections, aka profit taking. Take the EUR/USD now, it has been on a six year up trend on the ...

We're all saying the same thing

I think the edge is price builds momentum, if one can exploit the price momentum with good money management you make money. This is where trend trading is profitable...... there is more to this momentum and price action than I can conceptualize at ...

We're all saying the same thing

Yeah it was a bit over the edge....... you can still get to his blog by cliking on his name.... in his profile is a link to his web page. If thats gone too just PM me and I'll send you the link.

"Trade the slope" journal

Not quite sure what the ramifications of this will be, what do you guys think? This is on the FF calender for Saturday April 12....... The International Monetary Fund (IMF) World Bank Group will hold a two-day meeting in Washington DC to discuss ...

Jacko's Forex House of Pleasure and Pain

it had something to do with the link to his blog page .... which I fail to see any problem with......

"Trade the slope" journal

Since 7:00 PM PDT EUR has been inching back up. It seems to have bounced of the TL on the 3 hr chart..... will it test 1.59 again? Will it finally break 1.59? Or will we see the start of a retracement? Decisions Decisions.......

Jacko's Forex House of Pleasure and Pain

Some interesting thoughts there. So much for the superiority of a unified currency...LOL

Jacko's Forex House of Pleasure and Pain

Oanda is a good broker to be with, definitely a nice spread on the EUR/USD, I have been there over 3 years now. The lack of an automated trailing stop is not really a problem and Jacko does not use an automated TS just check in on your positions a ...

Jacko's Forex House of Pleasure and Pain

Looking at the 3 hr here are some support lines and it looks like it may make the bounce...... so is it ligit, or is it a fake out. I have a buy order set at 1.58. which is also an AH order. image

Jacko's Forex House of Pleasure and Pain

I try to stay with TFs 1 hr and longer, less random noise and a clearer picture of momentum.

Short Term Trading is Quantum Physics

I am still amazed at how many people will trust their cash to a meta trader EA, And one for scalping at that, longer term is far more rewarding also MT brokers are well lets just say less than sterling. If you want to automate your trading go with a ...

How do you determine when a strategy is valid and profitable?

I still make money even when standing aside...... My broker pays interest on my balance.. makes it easier to wait for the trade to come to me.

Jacko's Forex House of Pleasure and Pain

Ahhh ... yes, Humor....I'll need to brush up on that....

Jacko's Forex House of Pleasure and Pain