That was the only time any request was made by Jacko for members to refrain from discussing certain things on the open forum. Infact it was some of the group members themselves who had originally complained to Jacko about what was being discussed in ...

Jacko's Forex House of Pleasure and Pain

Hi all, The reason why the 100 pips TSL was never mentioned before here in the open forum was because Jacko did specifically ask the group to refrain from talking about it on Forex Factory for the present time as it could be a temporary measure and ...

Jacko's Forex House of Pleasure and Pain

It reamains at 50 pips. Happy trading !

Jacko's Forex House of Pleasure and Pain

Journal Closed — Have decided that I am going to close this journal. I thought it was a good way of recording my trades at that time but I now realise that keeping a private journal instead is more suitable for me. Happy trading all !

Bakuli's Trading journal

I second that ! Yes, how about you telling us how you approach the market now as a full time trader. I am very interested in how you look for your set-ups using Jacko's method and would appreciate your market views as well. It would be ...

Jacko's Forex House of Pleasure and Pain

Closed above trade at various prices ranging from 5772 - 5784. Market has been ranging and I feel it's too undecided at the moment. So again, "When in doubt, get out !". Another profitable "fun" trade. That's great ! I get to make money while I'm ...

Bakuli's Trading journal

Well, after my short got taken out for BE, I re-entered soon afterwards because I felt there was a bias to the downside and I had my tight stoploss too close to the price action. So I decided to re-enter a short at 5830 and what a right decision it ...

Bakuli's Trading journal

Well, that was a short ride ! Stoploss just got hit at BE. I knew the stoploss was too tight. Never mind, it was a punt after all. I am still waiting for a bigger dip for my main trade. I wonder if I am going to see it today ? Hmmm, let me get the ...

Bakuli's Trading journal

Market now at 5828, I have moved the stoploss to BE, so now have a free trade. I have no TP target but will trail this trade if I get to 50 pips in profit.

Bakuli's Trading journal

Hi Takeprofit, A word of advice regarding your chart and looking for your set-ups. For his method, Jacko would not use the 30 mins chart to look for entries. It's important to point out that for this method to be effective, the higher timeframes of ...

Jacko's Forex House of Pleasure and Pain

Just decided to have a punt and went short at 5845. Tight stoploss for this one.

Bakuli's Trading journal

Decided to close my trade earlier when it spiked down for + 2 pips. Didnt like the news coming out from the euro zone. Anyway, this was a "fun" trade so I don't mind exiting it early. I will stay flat for the time being. Still interested in the 5650 ...

Bakuli's Trading journal

Hi Titan, I cannot advise you on your entry as you alone know what your tolerance to risk is. Personally, I wouldn't enter the market now with the price being so choppy after the bad news from the euro zone. As for my TP, I usually let my tsl take ...

Bakuli's Trading journal

Since missing the trade yesterday, I was looking to buy again from 5700 but the market only got to the low of 5793. Anyway I have a trade on at 5824 so at least I am in. Would have preferred a much lower price. Am trailing this one with a 50 pips ...

Bakuli's Trading journal

Hi Stewartr, I can fully emphatise with you there as I made the same error of not taking on the trade. I had identified the trade based on Jacko's method ie 50% fib , round number and trendline support. Like you I allowed myself to be influenced by ...

StewartR - I want my trading to be boring.

Hi stewartr Well, I certainly have enjoyed myself following your thread and watching you develop your system of trend trading. Well done in your achievement and good luck for the future ! Happy trading ! Bakuli

StewartR - I want my trading to be boring.

Hi Sean You are absolutely right there ! Jacko always emphasise on looking for "bargain" prices and so will not buy on every minor dip. I think two trades a week with the eurusd would be the max for this system imho. Look for set-ups from the daily ...

Jacko's Forex House of Pleasure and Pain

Woke up to find the market reached a high of 5773 as I write. Well, it looks like I missed the northbound train when I didn't buy at 5700 and lower when I had the chance. I did not feel comfortable taking on the trade and stuck to my rule of "When ...

Bakuli's Trading journal

It's approx 3.55 am GMT and I'm feeling tired watching the market. Going to get some sleep now. I did not buy in at 5700 although I had the opportunity to do so. I just did not feel comfortable taking on that trade. So, when in doubt, stay out! I am ...

Bakuli's Trading journal

Eurusd now at 5682 as I write after going to a low of 5670. I did not buy at 5700 as intended when price dropped through it. As planned, I waited to see how it was going to react at that level and was looking to buy lower if I can. From what I've ...

Bakuli's Trading journal