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Jpnek replied Aug 4, 2009Hi spotless1212, If you are Long biased, wouldn't it be better to go Long on a dip instead of buying at the very top of the range... Jut MHO. But, as Jacko would say, I could be wrooooong... Hint: The idea behind Jacko's method is to always buy at ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Aug 4, 2009Hi Y2K_Master, Don't want to sound like a smarta$$, but Jacko's contact info is in every single of his posts... Just in case you're a bit lazy to read page one, here you go url .
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Aug 3, 2009Hey Dan, I'd be even more interested in this. Although I trade Jacko style, most of the times I do enter/exit my trades based on PA setups. I believe that many times patterns can show the hidden side of the story. I wasn't as lucky on this trade. ...
DanUK Simple EUR/USD Trading Journal 2009
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Jpnek replied Aug 3, 2009I'd be pretty much interested in this. Which crosses are you planning to trade? Will you stick to higher TFs (H4 and up)? Will they be Jacko style trades only... TLs, 50% fibs, S/Rs? Cheers,
DanUK Simple EUR/USD Trading Journal 2009
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Jpnek replied Aug 3, 2009Hey Dan, Good decision mate. Why give back to the market your hard earned pips... At which price did you close the trade? Since I'm currently short biased, I took a Short at my H4 Resistance TL (at 1.4300) url . Let's see how this plays out. ...
DanUK Simple EUR/USD Trading Journal 2009
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Jpnek replied Aug 2, 2009Come on guys, let's get back to trading... I'm SHORT from 1.4300, tight S/L at 1.4340 right above this year's high. My expected T/P is around the 50% fib (1.4150ish). Attached is the H4 chart which I based my entry last night (for me). I'm expecting ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Aug 2, 2009Hi FXtrader29, I wouldn't like to be flamed for what I'm gonna say, but I'm with User Name on this one. For the sake of cleanness of this thread -which has dealt exclusively with E/U since its inception- wouldn't it be better for you to start a new ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Aug 1, 2009Hi IronDuke, He usually updates his blog at 1:00AM NY time and then posts follow-ups around 3:00AM, 8:00AM and then 12:00PM, if I'm not mistaken. Jacko seems to be currently trading from the early Euro thru mid US sessions. His calls, however, can ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jul 31, 2009Hey Dan, Thanks for the prompt reply. If I may ask, are you planning to leave this current E/U Long running with a TSL... I have a falling H4 resistance TL around 1.4280ish and would certainly T/P at this level... Cheers,
DanUK Simple EUR/USD Trading Journal 2009
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Jpnek replied Jul 31, 2009Good thread — Hey Dan, I was referred to your thread by a fellow trader. Good thread, indeed. Keep up the good work, man. Cheers and GL JPNEK
DanUK Simple EUR/USD Trading Journal 2009
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Jpnek replied Jul 26, 2009Thanks for your kind words Low, but I do not consider myself even remotely close to the most experienced traders who use to post here. I always try to do my best, however hard it may be
BTW, I read on a previous post that you've been ...Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jul 26, 2009While I totally agree that we are on a sideways market (I posted this a month ago) and trying to trade this market as per the rules on page one would have left me B/E at best, I also believe that we, as traders, must adapt to any market conditions ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jul 25, 2009It a sad Day, indeed — I originally landed in this thread last year thanks to a friend's recommendation and I will not stop saying that It's been the best thing that happened to my trading career. Thanks to this thread I was able to contact ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jul 21, 2009I was lucky enough last night (for me) to pick a top (at 1.4245) and almost a bottom (at 1.4198) -something I rarely do- and made some quick 45 pips in a counter trade between NY time 9:39/10:37AM. At the moment, I'm either waiting for a ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jul 20, 2009Hey digitil, Something I forgot to mention in my previous post is the idea of finding a trading partner who lives in a polar opposite time zone. That's what a good buddy from the group and I are doing now (me being GMT+9, my partner at GMT -4) so, ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jul 18, 2009Under current market conditions, although I keep a good eye on the Weekly, my market studies are all based on D1/H4 charts. My 0.02 pips.
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jul 18, 2009Hey jat011, Google is a good friend, but if you're feeling a bit lazy to google FIBs, this is a good place to start url . Keep in mind that Jacko recommends using only 50% level as he once mentioned that the others are not "statistically robust ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jul 15, 2009Hey Digitil, If you need need non-MT4 rate alerts you gotta check this out url . I've been using their (free) service for a couple of months now,and seems to work OK.
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jul 13, 2009That was so hilarious!!! ROTFL!!! That quote should go into Jacko's Forex House of Pleasure and Pain Hall of Fame...
Jacko's Forex House of Pleasure and Pain