This is what I see on the audusd daily. I think if I was to short and be more aggressive I'd probably try at 0.9300/0.9350. I find that resistance line more appealing but that's just me. What really bugs me about the daily bar we currently have on ...

zoopy's trading journal

Hey Mark lol. Looks like there is a possibility it may head down. I was looking at the daily chart and noticed the current bar just went straight up without a retrace first. Usually price retraces first. Hopefully it comes down to 0.9050. Not that ...

zoopy's trading journal

update to this post (post#35) — I have included a new chart for cable. The reason for this is because there are 2 valleys touching the area of 1.9415 (1.9400... round number). What's going to be interesting here is if price bounces off that ...

zoopy's trading journal

audusd follow up on post#45 — Just looking back at this post. Price is closing in on the 0.9200 mark that I mentioned on February 16. If I were to trade this pair, I would probably look to buy at 0.9050. Here's why... see attached chart

zoopy's trading journal

Follow up on post#51 — This is a follow up on m_radzi's question (post#51). I have included charts so hopefully this helps. The two questions are below with answers in red. 4. A good way to choose an entry is to look for an established line ...

zoopy's trading journal

Buyer at 1.4650 — Referring to this post. Lastnight I put in an order to buy at 1.4650 and that was triggered overnight. I'm a little surprised by the big move down since lastnight before I went to bed, price was almost at 1.4700. The trade ...

zoopy's trading journal

Here's my charts — I'm watching 1.4600 too! MPP are you referring to a "hammer" candlestick?

Dumb blonde trading...

Hi Radzi Just letting you know I haven't forgotten about these questions. I'm going to take another stab at answering them with charts now that I'm better informed and will probably post charts tomorrow or Tuesday. zoopy

zoopy's trading journal

thanks — Hi Milan. Thanks! I definitely think Jacko's methodology and James' PA is a very strong combination. However, I do tend to do most of my analysis based on Jacko's method. The reason for this is because it's simple and there is ...

zoopy's trading journal

Thanks Bakuli I had to Google "straddling" to find out exactly what it was. I'll see if I can get some charts to illustrate it better. On another note... now that I understand those two points better, I do not trade that way lol. If we're in an ...

zoopy's trading journal

follow up on post#52 — To follow up on the last post and post#44 where I mentioned 1.4600/4650 was of interest to me, I have included a line chart which shows "possible" areas of support. Keep in mind price should be above the lines first. In ...

zoopy's trading journal

Hi m_radzi I had to take another look at my post#3 to see exactly what I had grabbed from Jacko's thread lol. To be honest I'm not sure I understand those 2 points either. I have some idea of what they "may" mean but could be wrong so maybe it's ...

zoopy's trading journal

gbpjpy + eurjpy weekly charts — More charts lol. Ever since starting this journal I find the need to post charts JUST to see what may happen. I think I'm becoming more addicted to charting than I am to trading (if that makes any sense?). ...

zoopy's trading journal

Hi Yamin Patience is definitely a good thing and something I'm also working hard on. Right now I'm only trading the eurusd pair however when I feel the need to trade I start looking at other charts and post my analysis on here. For some reason when ...

zoopy's trading journal

post#43 update — I was revisiting post#43 to see what price did. It did in fact hit 1.0050 although there was no significant drop once it hit this area plus the daily chart shows a buob. What I then did was to zoom out to see if there was ...

zoopy's trading journal

usdjpy down? — I was looking at the usdjpy daily chart since someone was watching it a few posts ago. I'm still learning different ways to draw trendlines and was just curious whether this would be a possible confirmation of a further downward ...

james16 Chart Thread

I was having a discussion this afternoon with another trader (who will remain anonymous) and the topic of losses came up. A lot of the steps he has taken were very good steps towards becoming a better trader, however there were 2 things in ...

zoopy's trading journal

post#27 update — I was going through my journal reflecting on some of the analysis I had made earlier in the week and came across the audusd daily. From what I'm seeing, price did in fact move further up and is almost at the 0.9100 level. ...

zoopy's trading journal

Yes, just go to the forums then journal section and do a search on zoopy's trade journal. Another thing I should point out for those that will be reading my journal, my journal does NOT reflect the exact trade that Jacko makes. His stops will also ...

Jacko's Forex House of Pleasure and Pain

Analysis of eurusd daily — I have posted a new chart of the eurusd daily. Since I was knocked out at 1.4660, I have to revisit my original trendline on the daily to see where the next entry may be to go long again. A good bargain right now is ...

zoopy's trading journal