signs you're addicted to trading — On Friday night you wish it was Monday because the market will be open again.

Jacko's Forex House of Pleasure and Pain

I was looking at the hourly and now I'm stopped out. I took this trade because the exact same setup worked yesterday at the 1.5700 level. On the sidelines for now. I'm using a demo account so don't worry, I didn't lose any real money. =)

Jacko's Forex House of Pleasure and Pain

latest trade — I'm in at 1.5800, this level represents a 58 pip pullback from today's high and a good place to get back in (IMHO). The lowest pair the pair got on the retrace (as of this writing) was 1.5788, only 12 pips lower than my entry. ...

Jacko's Forex House of Pleasure and Pain

My original trade at 1.5500 is still open, and I bought more at 1.5600. Riding this one until my TSL gets me out. I may buy more if it retraces, 1.5600 holds, and price starts to move up again from there.

Jacko's Forex House of Pleasure and Pain

This doesn't seem an obvious place to draw a fib at all. Why did you draw one on 2.26.08? I've posted a daily chart with a red vertical line on the 2.26.08 candle and the most obvious spot to draw a fib line for me which was at the swing low on ...

Jacko's Forex House of Pleasure and Pain

Finally a breakout — Nice to see the EURUSD finally breaking out, my long order above 1.5470 triggered. I'm envious of those of you that got in at 1.5300. =) I had a couple of losers on the way down trying to pick the bottom so decided to sit ...

Jacko's Forex House of Pleasure and Pain

Don't forget about the Swissie — Hi Warren and welcome. Take a look at the USDCHF too. It's been trending strongly with relatively low volatility. Both this pair and and the USDJPY are fundamentally overpriced as they've been the main funding ...

Jacko's Forex House of Pleasure and Pain

Trend resumption? — A quick glance at the daily chart for the euro tells me that looking for a daily candle with a higher high and higher low than the previous day is a pretty good indicator of the trend resuming after a retracement. My ...

Jacko's Forex House of Pleasure and Pain

Fed meeting — And look at all that indecision! I eked out a few pips last night, and closed all my open positions this morning. I'm out until the trends re-establish themselves.

Jacko's Forex House of Pleasure and Pain

Asian markets are going crazy! — There's been a ton of movement today, I hope people were able to make some pips. Using Jacko's method and some trend following techniques of my own I racked in a ton of pips today. This is the most trading I've ...

Jacko's Forex House of Pleasure and Pain

I'm back in above the 1.5300 level — This, after taking +88 pips on my first 'jacko' trade last night. Hello everyone and thanks for a great thread.

Jacko's Forex House of Pleasure and Pain

Sorry you got burned Marcin, that sucks! Here are two rules for you to follow from now on - 1. Check this at the beginning of every week. url 2. NEVER EVER trade on the day of an interest rate decision, or the non-farms payroll report. =)

The Art of Trading with MTF Stochastics

tonight's trade — Not much movement tonight, but I squeezed +16 pips out of this one. The last thing I was waiting on here was for the 30m to turn down, all the other stochs were already pointing down. You can see the next candle after my ...

The Art of Trading with MTF Stochastics

If you only ever traded for 20 pips yes, that could certainly happen. The other exit strategy I didn't mention in my last post, and that Spud talked about, was once a pair goes overbought/oversold, let the trade ride until it comes out of that ...

The Art of Trading with MTF Stochastics

hi nelson, I use a couple of different strategies for stop losses and profit targets. For stops, I like to put them above/below recent areas of support and resistance. For profit targets I go for either a set number of pips, a target of a recent ...

The Art of Trading with MTF Stochastics

9,3,3 - my favorite. Here's how I got there. I've tested and traded tons of systems, quite a few stochastic-based. A system I traded years ago used the 9,3,3 settings and I had developed a 'feeling' of how it behaved with certain currency pairs. A ...

The Art of Trading with MTF Stochastics

tonight's trade — Here was a short I took tonight, the 4hr looks like it's pointed up but when I took the trade the unclosed portion was actually pointing down. The 15m and 30m were already oversold but I liked the strong move down by the 1hr ...

The Art of Trading with MTF Stochastics

Still here... — ....and still trading MTF stochastics. I had a great week last week and will keep posting charts if people are interested.

The Art of Trading with MTF Stochastics

GBPJPY 15m trade — Got home just in time to see the 14,3,3 crossing above 50, the 5,3,3 was already there, MACD going above zero and the AS crossing nicely. +20 easy pips. =)

X50 - M5 trend following

hi Kermut, You're basically describing volatility. There's already a common indicator for measuring this called the average true range and it's built-in to most charting packages including metatrader. I've used this indicator in other systems I've ...

X50 - M5 trend following