on the down move now

Jacko's Forex House of Pleasure and Pain

eirron — Nicely put eirron

Jacko's Forex House of Pleasure and Pain

Maybe you should change beers,Jager is my posion

Jacko's Forex House of Pleasure and Pain

bounce? — ]Thought I would post up a chart on how I am seeing this,in hope someone can tell me what there take is on this.The top trendline looks good and has the 50% fib to back it up.The second though is IMO a safer trade.A larger ...

Jacko's Forex House of Pleasure and Pain

Price is hanging around the 1.5900 Maybe it will get support from here and take us back up.time will tell.

Jacko's Forex House of Pleasure and Pain

See a pattern in these different trendlines?Price likes trendlines

Jacko's Forex House of Pleasure and Pain

shadowninja — Thanks shadowninja for your reply also.I see what you guys are doing.I read the first 30 pages of Jacko's thread,then thought I would skip towards the end,and here I am!There are alot of good moves well beyond 50 pips.I naver ...

Jacko's Forex House of Pleasure and Pain

mpp — Thanks for the feedback.I deffinitly see forex in general, as longterm.You get what you put in.I have been demoing since august of last year,none stop reading (3-4 hours a day) as well.Went live in january.I am about 8% down on my ...

Jacko's Forex House of Pleasure and Pain

mpp — mpp, Yes I understand that.I find myself closing the trade after 50 pips if I am going to be at work or sleeping.I really wish Oanda had a trailing stop..but O'well I will trade with what I have.I am really impressed by everyones success ...

Jacko's Forex House of Pleasure and Pain

Hello ninja, I set a 50 pip TP to collect my trade,which gives me a 1:1R.How are you guys doing it?Do you set your trade to break even when you are 50 pips up,then set it to +50 pips when you are 100 pips up?(same as a 50 pip trailing stop)Or no?

Jacko's Forex House of Pleasure and Pain

Oanda — Hello shadowninja,Oanda doesn't offer a trailing stop as a platform feature.So I have to manually trail my stops and sometimes I am not around to do so.So that is why I am basically 50 pips at a time.I open a trade and set my ...

Jacko's Forex House of Pleasure and Pain

would still be in my earlier trade if Oanda had a trailing stop.I guess take it 50 pips at a time then..nice job shadowninja!

Jacko's Forex House of Pleasure and Pain

Well Got in at 159.15,wanted to be in sooner but missed,O'well this will work as well.

Jacko's Forex House of Pleasure and Pain

What will we ever do then?!!I guess start selling the eur!!!!

Jacko's Forex House of Pleasure and Pain

Where now? — Hello, Anyone have any insight to where we will be going today?I stayed away friday from the bounce off trend supprot,because of the fact of it being friday afternoon and the quick fall down.Would have been a quick 100 pips though ...

Jacko's Forex House of Pleasure and Pain

great thread guys — Have almost read the whole thing here..Just had to skip to the end to see what happened..LOL!Keep up the good work guys!!Goodtrading!

Jacko's Forex House of Pleasure and Pain

Hello all, I am looking at the market right now and it is stale as usual. This time is got to be the worst time to trade.Any input on the take profit targets as posted yesterday?Anyone look further into it?Well good trading to you all!!

Simplicity is the ultimate form of sophistication ( Elite )

Was thinking about take profit situation.I like waterflames 10 ma strategy.I was lookingt at back charts and maybe it would be a good idea to open two positions and close the first one out at +10 pips,and set the second positions stoploss at ...

Simplicity is the ultimate form of sophistication ( Elite )

traderforlife — I would be interested in this.I can only trade this time because of this nagging thing called work.I don't have to good of luck though with asian session,no real movement.I live in indiana so I am on central time.see what ...

Simplicity is the ultimate form of sophistication ( Elite )

what are you talking about waterflame?

Simplicity is the ultimate form of sophistication ( Elite )