Raz the gun! — Impressive results Raz. Thanks running the gauntlet and sharing your trades - takes guts imo. Jacko's method is largely disretionary but in the hands of a good trader can yield very satisfactory results. I'm convinced.

Trading Aussie Jacko Style

Another one for the "ignore" button.

james16 Chart Thread

MIT Are you using Jacko's method to short the Euro on the 4H?

Jacko's Forex House of Pleasure and Pain

Hakga: well put. Great post! -John

james16 Chart Thread

Hi MIT Which way is the major trend? This is the daily zoomed out to include 2 1/2 years of bars. Right at the end, when it bends, it is not our friend. Technically, using the Lower Highs and Lower Lows definition that you suggest, we are in an ...

Jacko's Forex House of Pleasure and Pain

Nice first post Setebos - your English is great and your logic is even better! I agree that Jacko's method (if applied to the Euro on a daily timeframe) would suggest sitting on the sidelines until the next leg up begins. I also agree that the ...

Jacko's Forex House of Pleasure and Pain

Forex007 I know your post has been well answered by Bundy but I'd like to add the following observations: 1. The PBs on your charts have not yet failed by my crierion - neither the Aussie nor EuroYen have breached the low of the PBs and so any trade ...

james16 Chart Thread

Koulda We are probably both correct here - yes a counter-trend trade would have been the best strategy over the past 4 weeks and yes Jacko does support his private students thinking for themselves and taking counter-trend trades. This is not the ...

Jacko's Forex House of Pleasure and Pain

I share your concerns about people other than Jacko monkeying with the Jacko method Raz. No instrument travels in a straight line, there are always large and small corrections in any trend. Jacko's method requires traders to trade in the direction ...

Jacko's Forex House of Pleasure and Pain

Cluelessbroadband If we look at the daily or weekly we can identify at .8760 the 38.2% retracement of the March 2006 Low/July 2008 High (which defined the two and a half year bull market for the Aussie.) I'm not much for Fib retracements, preferring ...

james16 Chart Thread

It's a bloody nice problem to have Bundy - should be more of it!

james16 Chart Thread

You might want to look more closely at the daily and take your signals from that timeframe - the 4 hourly is more difficult to trade at the best of times and can be suicide in these periods of extreme volatility. James and Seeking each posted an ...

james16 Chart Thread

Hi Ghous Attached is a pdf file that one of the regular senior members of this thread put together - I'm very sorry I can't recall who it was but I think you'll find it very useful. regards John

james16 Chart Thread

Maybe there is no correct answer Raz? — Thanks for your nice words Raz. I reckon there is no "correct" answer to the question of exits: backtesting is maybe worthwhile but really I think the main point is to determine which method and settings ...

Trading Aussie Jacko Style

Stop Sizes — I'm pretty new to forex trading but have traded stocks and futures for ten years now and have found that trailing stops that vary in size according to the volatility of the instrument are one good way to go - other methods that we ...

Trading Aussie Jacko Style

Catch a falling knife??? — A possible aggressive entry around 1.5700 (following today's bounce off the 13 June - 15 July 50% retracement.)

Jacko's Forex House of Pleasure and Pain

The Unknowable — The trading floors around the world are littered with the corpses of wannabe's who attemted to second guess central banks. I think that the future is unknowable mchael, therefore the only enduring edge I'm likely to have as a ...

Aussie Pairs

Aussie making higher highs and higher lows! — The Aussie continues to make higher highs and higher lows. Until that changes, I'll be trading the Aussie long only. Trying to pick the top is a fools errand imho. If the amateur economists and ...

Aussie Pairs

I see this model comes equiped with airbags!

Cesarnc's market talk, gossips, rumours & fun

Crappy Arrows? — I thought you were a price action trader - what is this "crappy arrow" indicator doing on your charts???? Did a Google search and couldn't find any reference to crappy arrows - must be a secret custom indicator developed by an ...

Trading Aussie Jacko Style