this thread is inspired by Jacko's Forex House of Pleasure and Pain http://www.forexfactory.com/showthre...t=27286&page=1
basically I'll be trading live using Jacko's method described in the above thread. I must say that I don't yet fully understand Jacko's method. I hope practicing can gain me more understanding.
only 2 pairs, GBPUSD and EURUSD, will be traded for real with micro lots. when there are no trades, I'll practice and papertrade other pairs.
mostly I'll be posting charts with commentary to do the following:
1. determine longterm trend on weekly;
2. looking for counter-trend moves on weekly, daily, 4hr and (1hr?);
3. waiting for entry opportunity on daily, 4hr and (1hr?);
I've been trading for a while and so far purely losses, no profit. I'm doing this to gain a better understaning of Jacko's method and to keep a record of my tradings for later analysis.
this is not a system discussion thread, I won't answer questions about the system I use in this thread, if you really want to know, send me an email, and I'll give you the specifications.
please only post when you have an opinion, no need to introduce yourself.
basically I'll be trading live using Jacko's method described in the above thread. I must say that I don't yet fully understand Jacko's method. I hope practicing can gain me more understanding.
only 2 pairs, GBPUSD and EURUSD, will be traded for real with micro lots. when there are no trades, I'll practice and papertrade other pairs.
mostly I'll be posting charts with commentary to do the following:
1. determine longterm trend on weekly;
2. looking for counter-trend moves on weekly, daily, 4hr and (1hr?);
3. waiting for entry opportunity on daily, 4hr and (1hr?);
I've been trading for a while and so far purely losses, no profit. I'm doing this to gain a better understaning of Jacko's method and to keep a record of my tradings for later analysis.
this is not a system discussion thread, I won't answer questions about the system I use in this thread, if you really want to know, send me an email, and I'll give you the specifications.
please only post when you have an opinion, no need to introduce yourself.