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krue replied Jan 25, 2009hold the position till the trend changes. anyone of you could tell you've done this part easily? I found myself this is the most difficult one to do.
Help explain Livermores' quote
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krue replied Jan 19, 2009I shorted at 1.3370 after I said it seems interesting ,exited at 1.3000, very nice + 370 pips
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 18, 2009This seems interesting — This seems interesting,probably a time to exit, will wait till the close of the session, H4
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 18, 2009Hi, msc not very sure what your below two lines mean exactly. I would take them as a warning that counter trend play is dangerous, and it is more wise to follow up Jacko's rules(actually, I was saying not strictly following jacko's rule of not ...
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 17, 2009Hi, flyer415, yes, I am still open in this position. as I replied to trixtuf, I would like to challenge my patience to sustain the stress of risking giving up profit, though it is a demo acc only.but, I do take it very seriously, therefore, I don't ...
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 16, 2009no fighting, onely believe in yourself — Hi, Guys, no fighting, that's meaningless. the only belief one can have is to trust yourself, not anyone else, even monster, guru, or turtle, they can not build "you" the skill, "you" are the one making ...
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 13, 2009problematic, Interceptor, this is problematic, but, I can understand, trading is an art, rather than a science. to be honest, even if there be a systematic approach to diagnose the change, still a lot of confusing situation arise. thanks for wake me ...
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 13, 2009thanks too, Interceptor, for the endorsement. what I have been trying to pursue since reading Jacko's thread is to make it clear how to determine the change of a trend at its early stage, if this point could be resolved, the rest will be much easier ...
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 13, 2009we will see 1.3100 shortly, if I am not wrong. Interceptor, good suggestion, I will stick to daily since, too much details is always a stress to my patience. for my problem, I think the most difficult part is always rooted in the waiting process ...
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 13, 2009It hitted 1.3250 now, as I said, a down move. I think I am lucky again, though didn't get into trade ( I stay away for the moment till I am ready to do it in a row again)
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 12, 2009H4 is still noisy, if you don't object, the daily is probably a little bit clearer, it seems not in a range market. if not in a trade now, better wait till breakout. but, I hesitate to take any action upon breakout, never feel comfortable to do it. ...
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 12, 2009trixtuf, I don't know if my view is worth any cents for the moment,but, if I were in the trade, I will hold it till profit target given the daily continuation pattern and the approximate equal distance of the legs both side of the formation, under ...
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 12, 2009Hi, trixtuf. thanks again for the explanation. other than the 50% rule, I has been driven by fear to jump into a trade if I view the trend seems strong, or probably wait more if it's weak. but, in most ocassions, I usually pull the trigger too ...
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 11, 2009Hi,trixtuf whenever I stay away from the market, much confidence in determining my term of market trend with a lot more clarity. however, once get into a trade or execute a plan, always drilled down too deep in order to catch the slightest favorable ...
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 11, 2009Interceptor, wish you don'd mind me hijacking your lesson, it's been always one of my concern in managing my trade plan, the question is, what if PLAN A never returns in the near term?
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 10, 2009thanks for the highlight, I think this is probably the main reason I can not stick to my plan, I wll break through the barrier from there. I am grateful that I can learn things quick by talking to you great guys
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 9, 2009actually, you are providing a good solution. when the ranging market becomes obvious, the breakout is on its way shortly, it is worthwhile to anticipate the trend for an early entry. however, the problem seems not easy to determine the direction ...
Determining Trending vs. Consolidating
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krue replied Jan 8, 2009hummmm, I'd favor a continuation formation for the moment
Jacko's Forex House of Pleasure and Pain
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krue replied Jan 8, 2009anyone has any view about EU? it seems indirectional for a while. I'd better close the short postion for now, still a couple of decent pips.
Jacko's Forex House of Pleasure and Pain