Fellow Traders, I personally think that we are seeing markets move due to political/Gov. intervention more so than Fundies, or the Techs. When markets operate like this you can through your charts out the window, you don't stand a chance attempting ...

Jacko's Forex House of Pleasure and Pain

my gosh! How do I read that? Who said trading forex isn't rocket science?...............lol

Jacko's Forex House of Pleasure and Pain

I don't think there is any "strict system" you can use in tradeing, that every trader could use, just on the issue of takeing profits is vastly different for everyone. The common adage of "letting your profits run" might not be best for everyone, ...

Jacko's Forex House of Pleasure and Pain

Traders, gold is down to 910-20 range aprox., Dow opened up 200+, USD index up, That's the fundies for the moment, probably a good dose of Central Bank intervention.

Jacko's Forex House of Pleasure and Pain

200 pip drop within 4Hrs

Jacko's Forex House of Pleasure and Pain

Fellow traders, Does anyone know the fundies of why there was such a large drop?

Jacko's Forex House of Pleasure and Pain

Acetrader, I agree with you, The funny thing is I, and this is probably a BIG no-no, but I just have a gut feeling about not being in right now.....at least I won't lose money, yet the flip side is as the New York lotto used to say, "You can't win ...

Jacko's Forex House of Pleasure and Pain

my gosh! this market is crazy.......I've been on the sidelines..... what does everyone else think of being in this?

Jacko's Forex House of Pleasure and Pain

Well fellow traders this is a strange day indeed ? !!! We have a 200 point Dow gain, which I would reckon should be bullish for USD, which is not, (russell, nikei, s & p up also) $115 oil (bearish for USD) Gold a little up, (bearish for USD) Could ...

Jacko's Forex House of Pleasure and Pain

Thank you for the heads up! I just looked at the daily charts per your recommendation and notice at the beginning of the month we were below the 1.5600 area. It would be nice to get in at 1.5550. Im not even going to attempt to try to short this ...

Jacko's Forex House of Pleasure and Pain

Hello fellow traders, What are your thoughts at a good entry point right now? I'm looking at 1.5700 w/ a 100 pip tsl to give it some room to breathe if there is a dive in the 5650 area. I'd be interested in your thoughts, this looks like a good 50% ...

Jacko's Forex House of Pleasure and Pain

LOL...............Bakuli Can't I stick with just the 4hr charts for the weekend I'll leave the 10 min, and 5 min. alone................

Jacko's Forex House of Pleasure and Pain

One thing I'm working on learning to do is avoiding the "wild punting" which to me is quite tempting at times of a major move. As a newbie, I think there are alot of tendencies which must be brought under discipline, easier said than done I know, ...

Jacko's Forex House of Pleasure and Pain

Thanks Bakuli for that excellent post. I'm really enjoying reading these posts, all of your insights have been great!

Jacko's Forex House of Pleasure and Pain

sorry, I meant to quote this post

Jacko's Forex House of Pleasure and Pain

I think the conclusion is correct concerning the Euro long term.

Jacko's Forex House of Pleasure and Pain

Thank you gaigul for that great post! and thanks to the others for quoteing it. Sometimes it's very, very helpful for me to have something explained to me a few different ways to really grasp, and absorb the concept etc. of this method. You ...

Jacko's Forex House of Pleasure and Pain

Tmac, Thank you, I tried opening it and it was computer code, I couldn't figure out how to use the thing. Thank you for the helping

Jacko's Forex House of Pleasure and Pain

Question — I was wondering how everyone here is going about determineing their Fib. retracement paramenters? Thanks

Jacko's Forex House of Pleasure and Pain

I'm staying out of the market for a while, been out since yesterday. I'd be interested in what the other traders think of staying out for a while?

Jacko's Forex House of Pleasure and Pain