Sub 5550 — I am still out @ this time, but it now appears the 5700 level would have been the level to get short. If 5550 fails as support those calling for the 5300 area just might see it. I emailed the trader who said several days ago the ...

Jacko's Forex House of Pleasure and Pain

Out for now — I have closed last long trade from 5565 @ 5675 on 2 lots as I never added as the moved advanced up. Just never felt that good about this trades strength, but I am still satisfied with the trades results. Ocean.....94 pips...great ...

Jacko's Forex House of Pleasure and Pain

In long @ 5565 for 2 lots. I see the 5550 level was seen & did offer the bounce. I hope this not seen as bottom picking, but that level did hold as the trader stated. No matter, I'll just try & trade what the market offers. It looks as if 5650 COULD ...

Jacko's Forex House of Pleasure and Pain

I am still on the side as I'm am just not sure 5600 will hold. It appears that the posted information from another trader that I posted a few pages back was close as he was calling for 5550 & I see that 5567 was hit today. If 5600 holds I'll take a ...

Jacko's Forex House of Pleasure and Pain

chart — Thank you for the chart & welcome. AceTrader

Jacko's Forex House of Pleasure and Pain

I have just finished reading some TA by a trader that is usually very close on his calls & he is calling for E/$ to possibly hit the 5550 area. I noticed that some called for that & lower several days ago, so I thought I would just mention his ...

Jacko's Forex House of Pleasure and Pain

Your Time — Hi Trumpcard Your time has been well spent. Better reading than most books you could have read. Welcome. AceTrader

Jacko's Forex House of Pleasure and Pain

Will 5600 hold the downside — I see the 4H Pin Bar did signal correctly more downside this time. From the looks of the 4H & Daily chart there is more to come. How much more is the question. MPP......the correlation between those pairs is ...

Jacko's Forex House of Pleasure and Pain

Will 5750 hold? — Well I'm am glad I closed that last trade when I did as I escaped with a few pips. Not sure whats will be next, so I'm out for now. A tool that I use is calling for E/$ to be in bearish mode until Thursday or Friday, but that ...

Jacko's Forex House of Pleasure and Pain

What next? — Pavlov0032, I will stay on the side for now as that was an almost a 100 pip drop in a short time. We Could very well see more downside & that is what I expect. Shadowninja......Very good point about the PIN BAR & I do consider ...

Jacko's Forex House of Pleasure and Pain

Maybe just above 5850 — I was considering a buy order just above 5850 when its seen again, but 5950 might work better....I COULD be wrong. _______________ AceTrader

Jacko's Forex House of Pleasure and Pain

Trade closed — Closed last trade @ 5849. Not willing to hold with such a strong move down below 5850, but did make a few pips. Will stay on the side until price settles. AceTrader

Jacko's Forex House of Pleasure and Pain

Gagiul, Just kidding about the tops & I agree with your post. Plus 5900 could be seen soon. Just waiting to see. Tks.

Jacko's Forex House of Pleasure and Pain

Joing the Jacko Group — WattaWatta, You have made a wise decision joining Jacko's Group. Follow Jacko's rules & you should do very well. Keep us updated on your progress. AceTrader

Jacko's Forex House of Pleasure and Pain

Your trade — Gagiul, I see we are in the pips somewhat now on this trade. My tp level is still open @ this time, but using a stop to protect those gains. Be careful that you don't get accused of picking top & bottoms. You entered @ a good ...

Jacko's Forex House of Pleasure and Pain

Correction — The 5858 should read 5850 as resistance. Sorry for the mistake. Ace

Jacko's Forex House of Pleasure and Pain

E/$ Ahead — Hello EveryOne, Not sure what will happen this week, but I am now long E/$ @ 5815. If the 5858 level holds as resistance it COULD be a sign of more downside to come. kaunasny.....you make a very good point. Tks. hendrix.....good ...

Jacko's Forex House of Pleasure and Pain

The Trend — Some really nice post today & I agree the trend is your friend. I'm staying on the sideline for now waiting for a solid support level to be defined before entering again. The 5750 & 5800 levels are what I'm keeping an eye on. As I ...

Jacko's Forex House of Pleasure and Pain

Next Move — I am on the sideline since my last trades were closed. Looking for 5750, 5700 & 5650 as probable support levels & even down to 5300. I will mostly likely stay on the side until Sunday or Monday. Will 1.6000 be seen? Not really sure ...

Jacko's Forex House of Pleasure and Pain

Thank You — seanchicago, Just saying thank you for your last response & I wish you the best as well. If you traded on the floor I sure your doing well with this method & any other you trade. You have made some valid points & I will surely keep ...

Jacko's Forex House of Pleasure and Pain