Needless to say, I'm very impressed with Jim's methods, and approach. I've been studying Jacko's method for about a year, still hear many good things about the James 16 group, and seriously am thinking about joining it. It seems like you have to ...

james16 Chart Thread

James, Why is is that a guy with a small account would have such a hard time with his trades?, is it because the temptation to take risky trades is just that much greater?

Jacko's Forex House of Pleasure and Pain

interesting topic, not only would "joe the trader" be wiped out, but all the retail forex brokers would not have any biz, they are probably dead set against this because the higher leverage they can give to clients, the higher profits they will make ...

Proposed New Leverage Legislation

Very Enlightening indeed!! Thank you!!

MT4 Brokers' Virtual Dealer Plug-In

the money and trophy wife sound pretty good, which one do I get first?................lol

College Major for an FX Trader?

you guys got a good point about 5600 and the 50% fib area, in the event that things go southward below 5500 you will get stopped. Yet you do have the AH to get you out. I guess I'm just trying to get a deep wholesale discount, probably won't get hit ...

Jacko's Forex House of Pleasure and Pain

Order in at 5400, I'm not quite sure if this will get hit, it might be an interesting week in forex

Jacko's Forex House of Pleasure and Pain

Great post Russell! Good long-term Food for thought

Jacko's Forex House of Pleasure and Pain

Yes I agree, It's hard to have a goal set to a timeline in Forex due to the markets overall range, entering and exiting positions could take longer and not fit a timeline. Maybe a yearly or quarterly goal might be better? i guess with this method, a ...

Jacko's Forex House of Pleasure and Pain

I was wondering what is the average goal for a return in tradeing? I was figureing you could have a 42% annual return with a 3.5% monthly return on your trades. I think a monthly retrun of 3.5% would be a conservative goal.

Jacko's Forex House of Pleasure and Pain

Ah, I see now, sorry about that. i place my order to buy at the original stop loss after it goes below 50 more pips.

Jacko's Forex House of Pleasure and Pain

Thanks i must have it wrong. I thought we place our buy at the stop loss price after it goes 50 pips below the original stop loss? This is incorrect?

Jacko's Forex House of Pleasure and Pain

Big Thanks to everyone answering my Fib question., and thanks for the links. Thanks a million. still trying to get patient enough to wait this thing out I had a fallen soldier at 5548 a week ago so 5498 would be my AH buy, and in times like these ...

Jacko's Forex House of Pleasure and Pain

This is quite a simple question, yet I'm curious as to: "What is special about Fib. retracements?, and why is Fib. used as opposed to something else?" or anything at all besides the traders judgement and analysis? Thank you everyone in answering ...

Jacko's Forex House of Pleasure and Pain

Those are some words of wisdom indeed! Patience is THE KEY to this method, and it takes time to develop if your used to tradeing quite frequently. I'm finding it a challenge to stay out of trades and wait to buy on the dips. I'm sure it gets easier ...

Jacko's Forex House of Pleasure and Pain

Major Congrats to you for holding this short since the 23rd!! Great Job!

EURUSD

John Doe, I get the hard copy of Barron's on saturday, sorry I don't have a link to the article. It should be on the news stand untill next Fri. It was pretty interesting. Thanks, john

Jacko's Forex House of Pleasure and Pain

Fellow Traders, Very interesting article in this weekend's Barrons regarding the future of the US dollar and the Euro also. In the event this trend does not continue, it will be difficult to trade Jacko's system, food for thought for everyone here. ...

Jacko's Forex House of Pleasure and Pain

eirron Excellent post!, Thanks for the reminder, things have had a tendency to get a little out of hand.

Jacko's Forex House of Pleasure and Pain

With oil at 117.00/barrel, Gold and the Euro should be sky rocketing on a fundie basis. How can the US stock market have these huge rallies when we are in recession and going deeper? Throw the charts outta da window.

Jacko's Forex House of Pleasure and Pain