If it doesn't move I'll take a loss and go kick my cat, Jacko style! Muhahahaha

Jacko's Forex House of Pleasure and Pain

A level is a level is a level! Once you identify the level you're interested in, candlestick/bar/line/what have you all offer clues. It doesn't matter how the level is observed, the important thing is if you can pitch your odds to the maximum and ...

Jacko's Forex House of Pleasure and Pain

I'm playing this ticket. Not sure about other "turtles". I'm a little more aggressive Not because it's a pin bar though (I'm more of a vsa player, even though I do pull up the chart station every morning), 5750-5800 is supplied with plenty of buy ...

Jacko's Forex House of Pleasure and Pain

lol I second that!

Jacko's Forex House of Pleasure and Pain

Why do you always spell "th" as "d"?

How do you get out of your Hedge trade?

Yes, I am. GREEAAAT!

Jacko's Forex House of Pleasure and Pain

Some Statistics — Well, I did some study on VaR with Euro. Given the nature of currencies, they don't fluctuate as much as stocks. Over 90% of the time Euro has a daily range within 1.5%. That translates to 238 pips. On the other hand, 1.5% in ...

Trading Aussie Jacko Style

What he said was, "Take it on the chin and move on".

Jacko's Forex House of Pleasure and Pain

It only opened marginally lower. I was wrong. But, Short-term stability: Yes Long-term dollar: No, no no. Fed is going to print more dollars to support Fannie and Freddie.

Helicopter Ben to the rescue!

Discussion on Euro - > EURUSD thread Discussion on Jacko's method -> This thread Pretty pretty please.

Jacko's Forex House of Pleasure and Pain

He's not only right on Euro!!!!

Jacko's Forex House of Pleasure and Pain

It's ok, the order doesn't hit the interbank market until Monday, if it does at all. His broker takes the other side of the trade. The spread is just bigger that's all.

EURUSD

Haven't you heard? Jacko is VERY good at computers!

Jacko's Forex House of Pleasure and Pain

Do not hedge — As a retail trader, you should never, never hedge an outright position. The only time you may consider hedging is when you write an option, even then you're still losing. The reason is, as a retail trader: 1. You need to realize ...

How do you get out of your Hedge trade?

I was suspecting the same thing, euro and aussie are both strong trending currencies (aud is even stronger), and aussie is not as volatile as euro, which could make it a good candidate for jacko's AH method.

Jacko's Forex House of Pleasure and Pain

Raz, Job well done!

Jacko's Forex House of Pleasure and Pain

Sorry to Aqua, I just checked my a/c with oanda again, and confirmed your transaction ID to be a live ticket. I was looking at mine and it was 369XXXXXX, yours was 368XXXXXX, BUT I overlooked the fact your trade was opened days earlier. It's totally ...

EURUSD

huh? Look again, it's only 12 lots, 1.2 million euros. Not 1200.

EURUSD

absolutely right! Also remember to AH.

Jacko's Forex House of Pleasure and Pain