Thanks Qman. Do they have a lot of cars in Bejing to make a difference.? I know that in the US gas tax revenue is down quite a bit, reflecting less auto travel.

No Brainer Trades

Thanks all for the info. I had checked the News on O but missed that. Yesterday at 10 pm US Central time I had checked Oil and Gold , but didnt really see a falloff .. but did not check this a.m.

Jacko's Forex House of Pleasure and Pain

The chart he posted is Oanda ... they dont have trailing stops.

Do you set a breakeven stoploss?

Anyone have an insight as to why the dollar strengthened? I mean prior to the Consumer Confidence report. The move started a few hours before that. Anyone?

Jacko's Forex House of Pleasure and Pain

I opened my charts about a half hour ago to see the dollar making a big move towards strength. But it started several hours before the Consumer Confidence report. Cannot find what started the dollar rally... even on the Oanda News or FFF Calendar. ...

No Brainer Trades

Thanks nvwine and mphpopular. Thanks for showing me how to do that.

Drawing boxes shapes?

Use a 4hr chart ...or 1hr and look back to June 30 -- July 4 dates. Also 50% fib of July 9 low to July 15 high.

No Brainer Trades

Thank you.

Jacko's Forex House of Pleasure and Pain

Use of PDA for trading with Oanda — Does anyone on this thread use a PDA and also trade with Oanda? I am considering going mobile. Oanda has a setup for this and I thought I would ask here to see if anyone is connected that way. My next step ...

Jacko's Forex House of Pleasure and Pain

[See attached excel file, it takes the math out of order size figuring. I use the same math to figure my entry size. Hope it helps.[/QUOTE] FXGenius... This is the best one of these calculators I have seen.

Jacko's Forex House of Pleasure and Pain

Hello Prescient, Are you?

No Brainer Trades

I am trying to decide, looking at the graph, does one join the crowd? Or is the crowd as shown, the losing 95%? Did anyone ever think : If 95% of traders don't make it. and 5% do, where are the 5% on this graph? We can see where most traders are ...

No Brainer Trades

I would like to hear what those with a lot of trading experience have to say about price hitting and rejecting an area vs price hitting and sticking with an area. Recent examples would be. July 15 and 20 where price hit and rejected a high price, ...

No Brainer Trades

Thank you. Please explain what you mean when you say " the 3rd candle", third from where? Thanks.

No Brainer Trades

Greetings doberman. If you want to know more about how to trade Jacko's methods, please see my post above to James Cole. (FYI, going short is not one of Jacko's rules.)

Jacko's Forex House of Pleasure and Pain

Greetings James, 'The Rules' can be found by scrolling to the top of this page and going to the small box at the upper right with a number and a paper clip in it. Select that box and you will see a list of items. Find July 13. Jacko. Those are the ...

Jacko's Forex House of Pleasure and Pain

Just looking at it, I see a triple top where in the past price has retreated quickly from the level each time. So that would give some indication as to what will happen again as price approached for the 3rd time. Then by drawing a diagonal trend ...

No Brainer Trades

This 5685 area... on the Daily and 4 hr ... as the bottom, looks pretty good to me. But I would need to see some steady and strong upward momentum to put money on it.

Jacko's Forex House of Pleasure and Pain

To Kaiser — Kaiser, Nice reply to Seekinglight. Are you an experienced trader? AND.. what was it you said in Spanish... I can pick out about every 7th word... and there are only about 22.

Jacko's Forex House of Pleasure and Pain