JKR was unemployed before she turned millionaire to the best of my knowledge. Stephen King was an alcohol abuser and drinking steadily and lived in a trailer during his initial writing phase. He literally threw his first successful short story into ...

$100 to $100K in 1 year...

IMHO it is a sign you are fighting something inside YOURSELF. "You can't change the market, but you can always change yourself". Find out what it is and get over it by any means necessary. Either through understanding, trickery, distraction, ...

Jacko's Forex House of Pleasure and Pain

As for the "why" price reacted (imho)

james16 Chart Thread

Update with an outcome of little surprise to me(And a strong doubt the JPY bears will get very far..):

james16 Chart Thread

I believe the market would have offered several periods on the EURUSD where a random "trail 50 pips, close out at 200 pips, hedge any loss by AH" entry system would have made above 0. I just find all that sort of stuff very nonsensical..it isn't ...

Jacko's Forex House of Pleasure and Pain

I'll post the same thing I posted when we hit 1.6350 and had a daily PB - I'll be looking to sell whatever rally + setup we get Admittedly, it rallied 200 more pips last time than I expected BUT I ended up being right looking for a sell, ...

james16 Chart Thread

Not really that much though, is it? 25% of 14k is barely 3500 points...I think stock markets have never really had a "real" bear market, ever..just corrections/dips..a "real" bear market would both last, trend and make continually new lows over ...

james16 Chart Thread

If that counts (journal excerpt from yesterday)

james16 Chart Thread

Even at the living standards of a student and a very cheap flat you will have monthly outflows of 800-1000 EUR here in Germany(350-600 for flat - assuming a smaller town and not the middle of downtown Munich - and electricity and heating, plus ...

Lets talk about Capitalization

So it breaks down to near the 1% risked, 6.5%-7% made I mentioned from my earlier post(again assuming the fixed 50 pip stop - if it varies then of course the risk/reward changes again). If you use 2% obviously it becomes 13%, 5% => 35% and so forth. ...

Jacko's Forex House of Pleasure and Pain

IMHO we're starting to leave a sideway range upwards(monthly IB I believe) and this pair as I've posted before to me is more of a leveraged AUDUSD than anything. I am looking at a possibly weak AUDUSD to come, therefore I would not buy AUD(sell ...

james16 Chart Thread

This pretty much says it all. I was wondering whether a retrace was coming to that area a couple of weeks ago when we were about to make a low near 108 or so. Everything's already there, been posted and explained several times, (this is addressed to ...

james16 Chart Thread

Yes, the weekly PB and a small secret entry before that I was very much waiting for a retrace entry back into the move down and that PB was a real gift. The journal along with all of my other stuff is over on the private forum / now new site ...

james16 Chart Thread

I'd love to see the returns over the period in %. Given it was 10 trades at 50 pip stops each and 319 pips and assuming 1% for each trade risked, that'd be around 6.5% uncompounded? Result charts, sheets, bring em on

Jacko's Forex House of Pleasure and Pain

I spent the better half of last night telling a friend that weekly and monthly dictates these pins fail eventually(I lean out a lot further with him since he isn't a forum of thousands who'll end up crucifying me for trying to predict price outcome ...

james16 Chart Thread

What he's trying to say is that the DJI and futures only had a miniscule inside bar that broke down today while the JPY all displayed big big pins...this was one of the main reasons I didn't trust any of this, alongside with some personal ...

james16 Chart Thread

CJ PB high was 110.97 on my feed. From my journal: "Got suckered out of CADJPY at 111.10 - exactly the spike high = my stop. Very annoying, especially since I considered putting the stop at 112 above the s/r zone instead but then thought it ...

james16 Chart Thread

I dug it out for you. url Look back a couple of posts where I showed the GBPUSD weekly summary. It's essentially the same thing. After the doji/PB the direction / direction to trade in is down, even if price comes back once. It's very ...

james16 Chart Thread

Why am I not surprised that we are Seems like raczekfx went behind our backs and sold JPY after all, look at those bounces! ;p

james16 Chart Thread

I was referring to those automated xx pips trailing stops brokers supply, like 50 / 100 / 200 pips trailing stop once price moves out. Manually trailing stop for good reason is a normal and sound practice, random pip size autotrailers aren't. That ...

james16 Chart Thread