Not the opposite at all. I think we are in agreeance. Raise rates to fight inflation. But raise rates leads to a rise in the Euro against other currencies, eg EURUSD keeps going up. Have to wait and see. But hopefully this will be the case for us ...

zoopy's trading journal

Bernanke clone — Maybe I am actually channeling Bernanke or I may very well be Bernanke and using this thread to change the course of the E/U. But everytime I throw up a recommendation the price goes in the opposite direction that I want. Hey, ...

zoopy's trading journal

1.5950 CPI y/y just came out at 3.6%, which is .1% higher than forecast. Is this going to push it through 1.6 fundamentally (don't know much about fundies so just throwing it out there). Appears my previous post spurred the E/U to new heights. I ...

zoopy's trading journal

My 2 cents — Hey Zoopy and all, hope you have been successful in this market. I am personally staying out for the moment. Of interest to me is the last 3 major round numbers, being 1.3000, 1.4000 and 1.5000 the market has either retraced by ...

zoopy's trading journal

Oz land — Hey Geoff. As you can see from my signature I'm from Australia. Lightning Ridge in NSW, what about yourself? Definitely a good decision to join up. I am about a month in right now and couldn't be happier. Only made the one trade ...

Jacko's Forex House of Pleasure and Pain

Hey Zoopy, on my platform there was no upward spike only the one down to the 1.5660ish level and now around 1.5700. I am using an Aussie platform, being CMC markets. So I am not sure if it is your platform or mine that is correct. Anyone with 1.59 ...

zoopy's trading journal

diversion from plan — I was in at 1.5800 before it went to 1.5850 the first time. had a 100 pip TSL but decided to place SL at BE as opposed to letting it run up. Stopped out at BE. Not a loss so happy with outcome but went away from plan and ...

Jacko's Forex House of Pleasure and Pain

Funny how it keeps spiking each time a new high is hit (over past months) and reversing quickly again. Hopefully the upcoming news will keep this one going. Gotta say I am sick of all the humbug about 1.5900 and 1.6000. I want 1.6000 to be talked ...

Jacko's Forex House of Pleasure and Pain

Bernanke??? — He's talking again today isn't he??? You really need to patent this concept of trading his announcements. Price just went to 1.5915. New all time high..... Still in the trade. locked in profit at 115pips and still running. Hope ...

zoopy's trading journal

All time high of 1.5915 just hit. yeah baby. K8

Jacko's Forex House of Pleasure and Pain

I hope it does. Am currently long from 1.5700. Very frustrating market with price not really wanting to go one way or another. K8

zoopy's trading journal

Scyang, Can't agree more with Aad. Check out the above threads. I personally like Jacko's and follow it for my trading. I came from a share trading background and knew nothing about Forex before being directed to Forex Factory. Everything you need ...

EURUSD

Hello all, back from the time away and found I was stopped out at the start for a loss of 100 pips. I have decided that for the time being, until I master the principle method of Jacko's trading that I will stick with Long Trades and leave the CT ...

zoopy's trading journal

I'm going away for 4 days where I wont have access to a computer. Have left the trade as is with 100 pip SL at 1.5874. Lets see if I am still in when I get back and for how much... K8

zoopy's trading journal

I agree. I got in at 1.5774.

zoopy's trading journal

Bernanke — Hey Zoopy, Bernanke speaks again on thursday. Will this push the USD down again 12 hours before???? Going for 5.5 out of 6. Could be interesting as E/U appears to be at a double top.... K8

zoopy's trading journal

the idea about letting it go a full 50 pips is that when it comes back to the A-H level there is a higher chance it will continue through and become a profitable trade. I sort of think of it like it is an opposite to the stop loss. If you say only ...

Jacko's Forex House of Pleasure and Pain

A lot of indecision in the market. Appears to be ranging, hitting the resistance at 1.5820ish. It might be rolling over as it did a couple of weeks ago. K8

Jacko's Forex House of Pleasure and Pain

Out of trade at BE (1.5750 again) overnight. Price had gone to 1.5825 before I went to bed and the TSL set at BE. Ah well. Market looks like it may be ranging between 1.5720ish and 1.5820ish. Will be sitting out while at work K8

Jacko's Forex House of Pleasure and Pain

Thanks. Just set TSL to BE. Free trade. K8

Jacko's Forex House of Pleasure and Pain