Just in case the "in quotes" is directed at me - just look at post #6600. I decided to not cloud the thread any further and not respond to the post #8774 The guy is banned now and obviously looking for trouble anyway with a single post. I apologize ...

Jacko's Forex House of Pleasure and Pain

My fault to do that and i got hit for it but this is what i was thinking. i was trying to make my prediction to where it will fall and i thought it would bounce off the R just like it did other few times. entered approx 1.4250 left it over the ...

Jacko's Forex House of Pleasure and Pain

The best you can do at that point is go look at previous charts on the H4 and do back testing so you fully and can completely answer 'yes' to that question. This comes back to mastering the basics. If you knew the basics in/out, you would have known ...

Jacko's Forex House of Pleasure and Pain

If you are just starting out - why did you leave this trade open through the weekend? Why was it not 100pip stop? Why was it not 100pip stop - and why were you opening a position at this level? You 'will' lose some trades - no doubt about it. But ...

Jacko's Forex House of Pleasure and Pain

My Feedback for what it's worth — Have you mastered the basics yet? Why would you look for the exceptions instead of follow the rules? Once you trade this method awhile it'll get easier, but you are half-right here. The 1.4300 area was a ...

Jacko's Forex House of Pleasure and Pain

Nice - but just a tip: It holds more weight if you call it before hand with a bit of reasoning behind it, instead of after the fact.

Jacko's Forex House of Pleasure and Pain

I could understand that. And be proud of those +60 pips! That's a very good profit. Even though I closed for more, it looks probably that price is still going to go down to around the weekly pivot near 1.4200 (like Simon posted). I'm willing to let ...

Jacko's Forex House of Pleasure and Pain

My TP was hit at 1.4230 (50% FIB) for +190 Reason for closing: Friday & London session is closing in 30min. If traders close their shorts for profits, could push price up leaving us in a bad range for the rest of the day. Just a note: These are ...

Jacko's Forex House of Pleasure and Pain

Excellent chart, short/simple analysis. That's what I'm looking at here as well.

Jacko's Forex House of Pleasure and Pain

No offense - but it sounds like you are trying to catch it already? 100% Jacko style would have waited for a pullback to around 1.4230'ish for the 50% FIB on this latest move. That's why all these calls of long @ 1.4300 were confusing to me.

Jacko's Forex House of Pleasure and Pain

Stop moved to B/E. Debating closing at daily support around 1.4280, but since it looks like sellers have come into the market, I want to see what happens in the next 2 hours. So far, not much sign of strength.

Jacko's Forex House of Pleasure and Pain

Much better analysis/strategy than the one I saw you post yesterday!

Jacko's Forex House of Pleasure and Pain

Low, Long? Why? What are you going to do if 1.4300 doesn't hold as support? BTW - I'm currently short at 1.4420 due to monthly resistance around 1.4430 held.

Jacko's Forex House of Pleasure and Pain

We're back to 1.4300

Jacko's Forex House of Pleasure and Pain

300 candles on a H4 chart. Not sure how many periods that equals, but you should be able to convert it

Jacko's Forex House of Pleasure and Pain

Thanks! I've seen so much crap on here the past few weeks/months about how Jacko's students don't speak about performance or the way we trade, etc.. So I thought I would post a full trade and the thought process behind it. I tried to keep it light ...

Jacko's Forex House of Pleasure and Pain

I closed this trade for +200 pips. Reason for closing: showing signs of retracement

Jacko's Forex House of Pleasure and Pain

Looks like the sellers are still in strong. I haven't seen any significant pushes up on price to warn that a retracement is coming, but I can't imagine this going 'straight' down for much longer. I was ready for the move down to 1.4000, but was ...

Jacko's Forex House of Pleasure and Pain

You know - that is a very good thought and one that's been always lurking in the back of my mind. However I finally came to the conclusion that the weekends don't matter that much, if you are already in a position. With that said though - I prefer ...

Jacko's Forex House of Pleasure and Pain

We are now at a key level of support and it's decision time. What's more important is we are at the 1.4000 level, huge psychological line. I've yet to see any significant strength and with tomorrow being a holiday - I may just keep holding.

Jacko's Forex House of Pleasure and Pain