i might consider shorting... but not until i see a fallback to 3800...and would like to see price going over 3850 first, more than just a few pips... stop hunters push price up, and then get the fall... will see what happens during london session. ...

EURUSD

back to trading subject — euro/usd trying to break the .3850 resistance.... would be nice to see that happen, been long since 3670, wouldnt complain about extending the ride.... . also added at 3800.

EURUSD

i wasnt hoping for anything, price broke through resistance, and i bought on a round #. it didnt work out, i will re-enter at 3670. alternately, i will buy again at 3600.

Jacko's Forex House of Pleasure and Pain

long at 3700...

Jacko's Forex House of Pleasure and Pain

Yeah i didnt think there was a high chance of price breaking 3680... so i took profit at 3675 after it tested 3680 and failed. was the right choice since i would have been stopped at 3630 on the retrace. my only regret now is not getting back in at ...

Jacko's Forex House of Pleasure and Pain

my anti hedge kicked in as well at 3630... also same as cesar, went long at 3600, but closed half position at 3630. strategy working well for me past few months, thanks jacko! trev Update: closed both trades at 1.3675. price hasnt gone much past ...

Jacko's Forex House of Pleasure and Pain

Hi Jacko, Do you think you will be "catching the knife" at 1.3600 or waiting for a break below 3600 and price to come back up?

Jacko's Forex House of Pleasure and Pain

in the running with gagiul, my anti hedge kicked in at 3610, but when price broke 3680, i moved my stop up to 3660, to lock in 50 pips... covering my 40 pip previous loss, and guaranteeing me 10 pips profit... market closed friday 7 pips away from ...

Jacko's Forex House of Pleasure and Pain

Well even tho you are looking for opinions, the majority of the responses you have gotten are to stop trading, it sounds to me like you are just looking for the one person to tell you to go for it... that way its not your fault if you lose the rest ...

The Biggest Challenge: What will YOU do?

trailing stops — for those of use that are not able to monitor trades all day due to jobs or school, etc... if i know i am not going to be at the computer, i set half my position to tp at 30 pips. the remaining stays at the 50 pip trailing ...

Jacko's Forex House of Pleasure and Pain

confluence — well there seemed to be a lot of different charts posted the past few days, price bounced just above my 23 fib on the monthly chart, also right around my trend line... everybody was looking at 1.3450 or 3500 to start long... well ...

Jacko's Forex House of Pleasure and Pain

going short — i dont see a problem with jacko considering shorting. while its true the eur/usd has been in an overall long term uptrend since 1999, if you were long between dec 2004 and nov 2005 you were against the trend, as the market peaked ...

Jacko's Forex House of Pleasure and Pain

anti-hedge — I have a question regarding the anti-hedge. I opened a trade july 16 at 1.3800, trailing stop was hit at 1.3780 so -20 pips. on aug 3, anti hedge kicked in at 1.3780, currently around 50 pips up, my trailing stop is at +5. my ...

Jacko's Forex House of Pleasure and Pain

$300 mini lots or micro lots? — its going to be very difficult to trade a mini acct with $300... thats what i am using as well, but trading micro lots, i still cant trade more than 2 or 3 pairs at the same time... probably going to be ...

FOZZY Method CROSSES

eur/jpy — eur/jpy is currently my favorite pair, and i bet this system will work very well on it, as it tends to move in 20-25 pip swings during london trading. i generally straddle the london open and get 20-60 pips in an hour or two.

NipThePips' Boomerang

crosses — i passed on the usd/cad as well, the big candle, plus as well the action on the 4 hr chart as BB pointed out. the eur/usd and usd/chf still hadnt quite crossed on my daily open, 00:00 GMT.

FOZZY Method CROSSES

potential crosses — i dont see a problem with posting potential crosses... it allows people to point out something others may not have noticed... and for example my previous post showed some good reasons not to take the trade, in my opinion... ...

FOZZY Method CROSSES

eur/usd — i would be hesitant to take the eur/usd trade. the daily chart says short, the 4 hour chart says long. i say stay out. plus currently in an uptrend since 6/13, price is only 35 pips or so above the 72 ma, which is pretty solid ...

FOZZY Method CROSSES

taking profit — a lot of people like to use fibs and s/r, i think s/r is very important to tell you when not to take a trade, but not always helpful in exiting... as for fibs, its a lot of researching which ones apply to the pair you are ...

Need Help!!!!

Not sure what purpose that would hold.... the point of a hedge is to keep your trade going. you go long on side a but the market trends down, so you enter short on side b, which generates profit. its a zero sum amt as you lose on side a, but profit ...

new idea trading