Hi Sean Yes, I think that's prudent. In fact I just closed half my positions and trailing the rest now. I think there is a high probability we are going to see 5900. After that who knows what will happen ! Possibility of a downturn (formation of a ...

Jacko's Forex House of Pleasure and Pain

Hi Zoopy I agree there with you that counter trend trading is much more riskier and it's just making trading more complicated. Best to stick to trading the main trend. Fewer trades and less stress ! I have cut right down on my trading and ...

zoopy's trading journal

Hi Stewartr, The emotions you described above, when the trades moved in your favour is so typically experienced by most, if not all, of us traders ! Many a times, I have "interfered" with my trades once there were showing a profit instead of just ...

StewartR - I want my trading to be boring.

Hi Stewartr Just recently discovered your thread. Nice thread ! Like you, I am a trend trader too and a follower of Jacko's methods. I am most interested in what you're doing here and will follow you closely in your journey and see how you progress. ...

StewartR - I want my trading to be boring.

Haniam is referring to the eurusd pair.

haniam's anti Big Dogs trades

Thank you for your analysis ! — Hi Haniam, Thanks for the above analysis. Much appreciated. I am still a "fan" ! I am currently long eurusd, buying on dips. Has been good so far with the strong rise of the euro against the usd! regards, Lee

haniam's anti Big Dogs trades

Hi Trader101 Just came across your thread. Nice calls ! Well done. Bakuli

Simplicity is the Key

Read the thread.

The Holy Grail - Found

Hi Jurassic That's good ! You won't regret it. It was one of the best things I did in my forex training . Good luck for your test (well yon't need that if you study well enough)! Bakuli

Jacko's Forex House of Pleasure and Pain

Hi Jurassic I think you should read the whole thread from start to finish to get a good understanding of Jacko's method. There're loads of good stuff in it which will help your trading, especially Jacko's insights. Reading just the first few pages ...

Jacko's Forex House of Pleasure and Pain

Hi Jacko, I emailed you about this but just in case it got lost, I would like to extend my condolences to you and your family for the recent sad loss of your dad . I suspected this may have happened when you made no mention of your dad and told us ...

Jacko's Forex House of Pleasure and Pain

Hi Khanderoo, Nice simple charts there and plans. Like you, I think we have a retracement coming up soon before the continuation of the uptrend. As per my method, I only trade with the main trend. I am now waiting for a dip to buy at 5000. Looking ...

haniam's anti Big Dogs trades

As far as I know, I believe he trades at 5% risk, so his returns in the 3.5 months should be around the 45% mark or better.

Jacko's Forex House of Pleasure and Pain

Hi Zoopy, Went long at 4900 with EU when it broke the upper trendline. Decided not to wait for the dip as I have a strong feeling we will be seeing 1.5000 soon before the New York session is over. I could be wrrrroong ! Anyway I am content with ...

zoopy's trading journal

Hi Zoopy, It showed 0.9300 on my charts from Capitalspreads. So it's bang on the nose! Bakuli

zoopy's trading journal

Good call! — Hi Zoopy, Good call there ! Price reached 0.9300 to the pip before reversing ! Bakuli

zoopy's trading journal

Hi Zoppy I think 4600 looks good for a long (50% fib from Swing Low 4438 to 4756 = 4597). If 4600 level fails to hold, then I'd be buying again at 4500. But I could be wrrrrrrong ! Bakuli

zoopy's trading journal

Hi Zoppy and m.Radzi, Here's my understanding of the two points A lot of traders tend to place their stops (Herd mentality) above an established resistance line or below an established support line. If you place a buy order above the resistance line ...

zoopy's trading journal

Hi Zoppy, The one way that helped me to reduce risk was the experience of blowing up several accounts !!! Yes, I am one of those who learned the hard way because of my stubborness and very high risk tolerance. For me to learn and modify my ...

zoopy's trading journal

Hi Zoppy, Just "discovered" your journal and wanted to say I have enjoyed reading your posts. I am a follower of Jacko's methods too and so will be following your thread closely with interest . Lee

zoopy's trading journal