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- Angler replied Jun 5, 2009
Hi all.. Pipped.......what is your plan B...if your wrong..and the price continues trending UP.... If you also think that based on the weekly....price may come down.....you dont know how far....but your still ready to go long...not to far away... ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 5, 2009
Hi all... My other point in using demark...is that ( in this case ) your trend is being determine by only something like 11 bars (daily ) if by chance we get those 2 rising low days at the start of next week.....to me that is a very short sample...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 5, 2009
Hi all... Ok ...I dont have an issue with that or Demark for that matter.... But use the example.......you have a trendline drawn.....if you use Demarks idea...and we get next week...higher lowers in the next 2 days....where is your trendline then..
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 5, 2009
Hi all.... yeah well...I was going to reply to your first comment but decided not to....as I was not going to be very nice about it.... Demark as far as I know is something to do with Internal Trendlines....getting short term breaks.....NOT the ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 5, 2009
hi all.... markmm...thats what I was talking about in a previous post....Trends within trends... Your looking at the Trend later in the longer term trend... If you draw the trend from the start of the move up.....the price is still in a strong ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 5, 2009
Hi all... Wondering if everyone just follows the Retracment entry or do you follow some others that were shown in a .PDF file of Jacko's ideas and such.. The method I refer to is something by Gann....the 3 bars..I think SMJones contributed this.. ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 5, 2009
Hi al... Oh yes..I understand this....but I was more interested in what sort of profit targets he has these days....as the market does not move up for long before a decent retrace... it maybe starting to change again now...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 5, 2009
hi all... maybe I can find out something here.... I have looked at a few trades by Jacko...on the other site.... everyone here seems to be trying to get in on some long term trend trade where you can use the AH and ride it forever... from what I ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 4, 2009
hi all Low....the 50%...from the low on about the 28th @ 1.3791 and the high on about the 3rd @ 1.4336..
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 4, 2009
hi all... Low.....looks like you had a great entry there..now to manage that trade..good to see you pull the trigger......and at a very reasonable level... If it does go against you ..it wont be the entry that was at fault...just the market going ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 4, 2009
Hi... Just for interest....for screen shots I use....Screenhunter 5.1 free version.. And i see a few still having trouble deciding on an entry...the 50% does not get any better....if your waiting for lower....WHY...how do you know it will ho ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 4, 2009
Hi all... Markmm...not messing the thread by arguing about this.. But every post I was reading they were waiting for a drop to around 1.3750....I think the number was....and yes as you say it never happened but I also did not see anyone make a entry ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 4, 2009
Hi all.. Markmm...good trade so far... idiotic.....well he did say possible......and your comment is a bit rich when everyone here was waiting for a drop at the end of last month all while the market moves up 300 or more pips...be a bit more fair ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 3, 2009
Hi all.. Good luck with that trade...markmm.. We are getting in rough waters now with the major data releases for the month coming out thursday and Friday.. To the poster who tried 1.4200 with demo and said it was bad...no such thing...it was ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 3, 2009
hi all... Ok LVGoose........but do you look at trends within trends....still using the 4hr....
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 3, 2009
Hi all... and I think trying to get an entry now....is like juggling those knives... The price is moving with each data release or a comment by Barnanke...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 3, 2009
hI all.. I agree...its was probably news based... But laying it out....the price was in an UP trend on the 4HR..and 1Hr The price retraced about 140 pips from its recent high. and then bounced off the 1.4100 lvl which part of this set-up was not ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 3, 2009
hi all... Yeah Markmm I can understand that... But I would be interested in which trend people are looking at...do you look at the shorter trends within trends but still on the 4hr TF..
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 3, 2009
Hi all... Yeah I understand this method is not about trying to catch every pip..and there is no such thing as a perfect entry but waiting for things that may never happen....not sure thats right either.. Take yesterday...I did not read that anyone ...
Jacko's Forex House of Pleasure and Pain
- Angler replied Jun 3, 2009
hi all... I have read back a few days on here.....and I know this is a discussion thread....but seems most people are having trouble actually getting an entry .....waiting for some huge drop that may never happen....not sure if Jacko was into ...
Jacko's Forex House of Pleasure and Pain