Mrs Jacko let me have a night out with the boys...LOL Nice to be here again....it has been a little while, but my little group keep me really busy . jacko

EURUSD

Hytham, I am not disagreeing with your trade.... My group have also gone short. All was saying was that one strategy was to sell in a rising market. Another strategy is to let it go to a peak and then sell on the way down. The first is a more risky ...

EURUSD

There will be more chances in the next hour or so...

Jacko's Forex House of Pleasure and Pain

hytham Try letting the market rise till it peaks and sell on the way back down. If it goes to 1.2800, then place a Sell stop order at 1.2750 Less risky (that is, more profitable) than selling in a rising market. (as I said in earlier post, You are ...

EURUSD

Yes, I agree with you on your resistance line...BUT...you are not allowing for for the extremes of volatility that started in August 2008 that are making a mockery of using exact resistance numbers. You have to allow some additional leeway for the ...

EURUSD

Hi BB It is nice to see the Factory working so well. I have been so busy with my group that I haven't had much time to look in here but today has been good. Even though I don't even go to any other forums, I still think that this is the best forex ...

Jacko's Forex House of Pleasure and Pain

Be careful...market back at 1.2744...they are sucking up the Stop losses again But I could be wwwrong... . Jacko

Jacko's Forex House of Pleasure and Pain

Hi bgin2end The longer the time frame, the stronger the high and Low that you are using. As the time frames get smaller, the strength of that fib will be less. Same as trend lines, the longer the time period that you are using, the stronger the ...

Jacko's Forex House of Pleasure and Pain

Hi dwildes, Good trading...A smash and grab of 23 pips . Jacko

Jacko's Forex House of Pleasure and Pain

bgin2end LOL...Now I am blushing !! . Jacko PS It is good to see this Forum firing so well. This is easily the best forex forum on the internet.

EURUSD

Hytham, You are standing in front of an express train. Try letting the market rise till it peaks and sell on the way back down. If it goes to 1.2800, then place a Sell stop order at 1.2750 . Jacko

EURUSD

jphotdeals Firstly, everyone was a newbie once, so don't apologise for your inexperience Secondly, I suggest you stop trading immediately. Thirdly,Go and read up on MM before you even think about placing a trade. Fourthly, Unless you are aware of ...

EURUSD

Hi Big Wave Rider, Nooooooo !!!!!!! The market has been volatile in the extreme since August last year. Go and look at a weekly chart and see the HUGE change in the volatility. I have a friend who is an ex-broker and has managed large teams of ...

Trading Aussie Jacko Style

Hi dwildes This is a good strategy of yours. (we have discussed it previously) Market has now dropped to 1.2695, but I think they are just picking up the stops under 1.2700, before taking it up higher But I could be wwwrong.. . Jacko

Jacko's Forex House of Pleasure and Pain

Market makers and ECN's are "horses for courses" depending primarily on your account size. If you want to be a little fish in a big pond then go with ECN's...but don't be surprised if they treat you badly if you have only a small account. As for ...

Jacko's Forex House of Pleasure and Pain

Firstly, I want want to preface this by saying that I am a proud American, and I like Obama, but I think that he has been dumped with a problem that is simply too big. I remember watching the live telecast of of Tim Geithner's speech and was ...

Don't get sucked in by dollar strength

Hi Jellybean, I think you are on the right track... . Jacko

Jacko's Forex House of Pleasure and Pain

Hi Fugly, I use 4 brokers. However, I don't recommend any brokers to any of the group. I do not wish to be seen to be "affiliated" with any one broker and I would not want to be seen to be promoting one broker over any other. (It could give an ...

Jacko's Forex House of Pleasure and Pain

Hi Gammase1 I have been reading your posts and I see that you are experienced in the banking system. I agree with what you have said. For the sake of keeping up political appearances of maintaining "free markets" in the banking industry, Governments ...

Jacko's Forex House of Pleasure and Pain

Hi Tamster, I agree with you. We are witnessing the biggest heist in the history of mankind. I have been watching the calls from Wall St and its cronies getting stronger and stronger about the establishment of a "Bad Bank" to take over all the toxic ...

Jacko's Forex House of Pleasure and Pain