Unforseen - Would you really use Jacko AH on GJ 4hr? — Hi Unforseen, Ay first I thought Unforseen has it sussed - having a plan and also a another plan should the first plan fail. (I wish that I would always do that before entering a trade, ...

james16 Chart Thread

I vote for C — Hi Wiz, In the larger run of things - C is more meaningful. Take care - I mean really take care ! Ian

james16 Chart Thread

Anti-Hedging only works if you are WITH trend not against — Hi, In theory the A-H works for shorts the same as for longs. BUT they must be with the long term trend - because it relies upon a trend resumption ( i.e. 50 pips {for the E/U } ...

Jacko's Forex House of Pleasure and Pain

GBPCHF: Do't you need 3 points for a Trend Line? — Hi Mimas, I don't see much there - and don't you need 3 low points to draw in your trend line? Ian

james16 Chart Thread

Goldman says dollar may fall - now i'm concerned! — Hi, I would have felt more confident on the Euro rising, if GS had kept their 3 to 6 month target back ast 1.35 Ian

Jacko's Forex House of Pleasure and Pain

Congratulations — Hi Raz, Congratulations on joining the PF. I think that everyone who is serious about PA should at least try the PF for a month. Well done on the trades, is your SL to BE yet? I must admit that I saw both trades but took ...

james16 Chart Thread

Question re S/L — Hi Mamutot. Congratulations on your log, i wish I had the time/guts to do the same. I have a question about the S/L you specify for this trade. You siad earlier that you were using the MBQB11 2B exit strategy. Surely on a ...

Mamutot's Trading Journal

Thanks for the thread - exits are my biggest problem, (I think?) — Hi Peter, Thanks for the thread, I have now read it through 3 times and found more each time. You say that exits are not your weak area now. May I ask what you eventually ...

Mathematician's help needed...

Thanks, there is no need to post at time of trade — A big to THANKS to you Jacko, It does not matter if the post is well after the trade. Nobody can doubt your read the market after the posts around the time of the last top. I would hope that ...

Jacko's Forex House of Pleasure and Pain

For and against — Hi Tiki, For : It is at a price extreme in clear space. Against: Be careful - S/R just above Pin high, then significant MA above that and Fib 61.8% above that. I think I will risk it when it breaks the S/R. Good pipping, Ian

james16 Chart Thread

Difficult for me to get my head around — Hi Jacko, Here is an area of your trading style where I have difficulties: You are currently a seller if price drops to 1.3788, but a buyer if it drops to 1.3750. Now I could understand that if 1.3788 ...

Jacko's Forex House of Pleasure and Pain

What a difference 12 hrs makes — Hi Jacko, Less than 12 hrs later, after hardly any change in price you were confident enough to say that 1.3700 looks a good entry. After you say that, the Euro heads south a while, changes direction and heads ...

Jacko's Forex House of Pleasure and Pain

So all is clear again - for now at least. — Hi Jacko, Many thanks for clearing that up and also that the AH only applies to losing trades - I had that bit all wrong. I guess we look at a simple system and can't quite beieve it - so we start to ...

Jacko's Forex House of Pleasure and Pain

Am I missing something? — Hi, Sorry to be so late to the thread. Anyhow I do not understand what you are doing. FX is a 24hrs 5 1/2 days per week market - right? So why exit at the close , to then re-enter at the open (about 1 second later - ...

Two-Stroke System (Mechanical Price Action +300 pips per month)

But, if so..... — Hi, If this report were true then surely the Dow would have dropped like a stone today - yet it has not. Go figure! Ian

james16 Chart Thread

A PB or no PB? - What do you do about it? — Question for SL, Jim, Mike or other experienced guys: How do you handle the situation where in volatile conditions, different brokers show different PBs etc. ? Is there a recommended close time for ...

james16 Chart Thread

Cable not a PB — Hi Lava, Nice work, but the reason that Cable was not a PB is that the close is far too high. It is more like halfway up the bar rather than in the lower 1/3rd. Hope this helps you recognise them, Ian

james16 Chart Thread

Wow - Awesome! — You are truely awesome. For that to work you either need to be very active, or have a big LLOOONG trend. Sounds rather like Jacko - but I don't recall seeing you in his thread. Ian

james16 Chart Thread

Wiz - Hows your bad thing ? — Hi Wiz, You nearly had me doing a bad thing last night by posting your Bund trade. It looked so good to me that i nearly took it. However my Spreadbet company's platform was not up to the task at that time. ...

james16 Chart Thread

Thanks JoshDance and PeterFM — Thanks guys. Who knows, one day I may understand all this stuff. And I used to work in IT - databases though. Ian

james16 Chart Thread