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acetrader replied Apr 11, 2008Will 5800 Be Support? — The 5750 level has given somewhat of a bounce, but will it hold? At this time 5850 has capped the upside, but will it continue to do so? If PRICE is support by 5800 again, then I would say more upside COULD be seen, but ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 10, 2008TP From Last long — Close my last long from 5825 @ 5865 on 2 lots. Although the trade produced some gains, I'm just not that satified, but OH well it could have been a loser. Out for the week until Sunday or Monday. Overall the week was a ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 10, 20085915 Hit What Next — Now that 5915 has been hit, what will PRICE DO NEXT? I am still long from 5825, but decided NOT TO ADD MORE LOTS. Unless 5900 turns into resistance I'm sticking with this long position. If 5900 give in to price I'll add ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 9, 2008Your Trade from 5700 — Cecmc No matter what happens @ this point, you are in the money & I admire a trader that stands by their decisions. If the decision is wrong & you learn from the mistake, then your a better trader for it. NO FEAR, AS ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 9, 2008Long @ 5825 — Althought the 5880 level has not been tested, I'm in @ 5825 for 2 lots. If 5850 fails to hold the upside then I might just add another 2 lots, but for now 2 does it. Will use 50 sl for now & no target for tp @ this time. I COULD ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 9, 20085700 Did Support — The 5700 did hold the downside, but I don't want anyone thinking that I am picking Tops & Bottoms as one accused in the past as we are suppose to be trading the trend. There was a nice bounce from the 5700, but NOT enought ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 9, 2008Post 2545 — Hi Hendrix, That is about what I am considering myself as a game plan. Only time will tell what is next. A view from JACKO would great about now. Standing on the sideline watching the game unfold for now. Tks for your valued post. ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 9, 2008Still Out — At this time it does appear 5700 is holding the downside, but I'm just not so sure. I will still stay out & those that are advocating staying out I second your idea as it is just too uncertain @ this time. You have got to know when ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 8, 2008Still Out — I am still out as I done feel the support has been seen yet. Now what is a support the will offer another run @ the 1.5900-1.6000 level? I have no solid idea, but 5600-5650 are targets I will look for, but I COULD BE WRONG. On ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 8, 2008What Now — Is it now time to get short? I have NO certain idea, but see what happens today. The 5800 level did cause somewhat of a dive & the pressure for the moment seems to favor the downside. The 5700 level did offer somewhat of a support, ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 7, 2008Out of E/$ Long — Out @ 5715 from long E/$. Just seems to be too much downside pressure @ this time. Will stay out for now. AceTrader
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 7, 2008Jacko — WattaWatta, Even though I AM NOT a member of the JACK GROUP'S I second your last post. He is no doubt an outstanding trader & it is VERY RARE to find a trader as good as JACKO that is willing to share & help others learn their method. ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 7, 2008Long now — Long @ 5665 for 2 lots. Not really sure about this trade, but it does appear 5650 will support for now. The trend does not seem to be able to get back on track @ the moment. The 5600 level COULD offer a better entry level. Good ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 4, 2008148 PIPS — Gagiul That 148 pips is a nice pay day & that shows it can be done. I too had a nice week, for that matter a nice 4 weeks. Not trying to brag as I might get called down as I have before, but NO FEAR. It is always good to read your ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 4, 2008The Trend — I agree understanding the trend & following it can be a problem especially for traders such as me that have used a short term approach for much of my trading career. There is so much that can be said about the trend & how to follow ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 3, 2008Upside Pressure — We are getting some upside pressure now, but if 5600 holds I'd say those that have gotten short will see the gains. I'm still out, but there is PROBABLY more room left in the downside before it turns up again. Look @ the 4H ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 3, 2008Your trade — Lesterthecat You have been give some very good advice by all that have responded & what I would add would just be repeating what as already been stated. I would keep the AH in place. I do see this as not a time to be long or going ...
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 3, 2008Tks — Jedsman Tks for those kind words. AceTrader
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 3, 2008Your views — Jedsman Tks for sharing your views. I'm always learning from each. AceTrader
Jacko's Forex House of Pleasure and Pain
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acetrader replied Apr 3, 2008Post 2420 — gagiul I like that thought process. The ta looks good & has merit using the close of the 4H candle & trendline. Tks for sharing your always informative views & ta. Ace
Jacko's Forex House of Pleasure and Pain