Even though, I do not do fibo, here is a graph trying to make sense of the trade call. Interesting. Still I feel that we are in limbo and all trades are deep in gambling world.

Jacko's Forex House of Pleasure and Pain

It looks that the market came that that conclusion...so the dollar is turning around and slowly but surely going to hell!

Jacko's Forex House of Pleasure and Pain

If north we go...then I go north... ...but taking PT on the way... from R to R... we will see... I am in as long right now. if fail...then HA

Jacko's Forex House of Pleasure and Pain

ah... I am not alone on this... it looks long to me...but we never know... so I am long until PA says otherwise.

Jacko's Forex House of Pleasure and Pain

Sure. I just sold my Euros as a happy camper. Why? E/U at strong resistance around 1.3650 after a strong run. A likely bounce so I am out. Next? I will wait and see if 4H retraces and moves again north. Then I buy Euro again. Otherwise, back to the ...

Jacko's Forex House of Pleasure and Pain

Actually it is already here.... in computers, clothing, medicine cosmetics, cars, amd lights. We will be working on batteries made with paper. Cool. Happy trading.

Technical Analysis Fallacy

Nice silly run... Have 2 open long positions: 1.3400 and 1.3502 So I am up by 232+132=360 pips and I was at work! Now the question? Should I take my profits late sunday evening or trail ride out? Should I trail and sell more dollars after the ...

Jacko's Forex House of Pleasure and Pain

Guys, I just took a job developing some crazy nanotechnology so I have no time for dancing...just enough for trend trading... for the time being... the best I could do is to wish you good luck. Be carefull, there is a potential reversal on 4H. Stick ...

Technical Analysis Fallacy

Nice. if long then: Target one: 1.3560 Target two: 1.3700 I plan to sell Dollar if PA goes beyond 1.3500 Otherwise I will wait.

Jacko's Forex House of Pleasure and Pain

Well said! Just came from work...checked the charts and did nothing.... I just wait to see...things are pending.... This way of trading demands a lot of patience...a new mindset for me..I have to wait for clarity before climbing my bear or my ...

Jacko's Forex House of Pleasure and Pain

I see resistance at 1.3400 and a potential northen reversal... a southern move within a huge channel. So unclear... I will wait for clarity... back to bed to discuss it with my pillow

Jacko's Forex House of Pleasure and Pain

I just came from work and checked the charts: What a day! 4H shows a strong north move. 1D broke through is also going north. 1W is at the fence - just a pulback? What to do? To wait or to sell the dollar? I think I will sell on the next pull back ...

Jacko's Forex House of Pleasure and Pain

Another successful run with Jacko's strategy in mind. I entered at 1.3192 after beeing stopped out with my previous trade. -after collecting my nice profit- I thought...the weekly and daily trends are down so HA and this time...since I believe in ...

Jacko's Forex House of Pleasure and Pain

Riding my dollar bull for a while. Still with an open question: What is the best way to take profit? 1) 4H lost momentum...screen watching. 2) Trails stop to failure...relaxed but money left on the table 3) Fix profit taken...similar to eaten a pie ...

Jacko's Forex House of Pleasure and Pain

I really do no know a thing...it could do whatever... but I place a sell limit @ 1.2990...why? tracking my 4H if it does not make it...then I will consider ~1.31 This way of trading is so darn relaxed... Thanks Jacko

Jacko's Forex House of Pleasure and Pain

Nope...I just study Forex...Actually it seems that I began to work again -part time-doing chemistry research...(Forex study means to watch charts, make entries, test different strategies. It does not mean reading books, but actual live trading.) ...

Technical Analysis Fallacy

I used to this. Now I have more time so I am much slower... ..it is a very risky operation and demands a lot from my mindset... I am not even sure anymore that fast trading is a good idea... rescue operation demands time...any losses I had with that ...

Technical Analysis Fallacy

Sure. Very simple... 1. double top on weekly...go long dollars 2. double top on daily....get ready to buy dollars. 3. Reversal on 4H...jump in, buy, and ride your dollar bull

Jacko's Forex House of Pleasure and Pain

For a day trader, I confess that I am beginning to enjoy the easy trade strategy that Jacko presented. I began last week and not bad as an easy way to make $ while I sleep.. so far... 300 pips and counting... this is really a layback way of ...

Jacko's Forex House of Pleasure and Pain

Full battle within 50 pips.... A little scalping going on here... I hope you are aware.... -Remember when we talked about spreading the troops- Still the loss was trivial... Regards,

Vick Trading Journal