TZ — I think youre right, theres no completely correct answer. As long as 45 brings in pips Im going to leave it, unless I come up with something that gives drastically better results...must be the summer heat making me lazy, take care, Raz

Trading Aussie Jacko Style

TraderZero — Hi TZ, thanks for your input, nice post. Above is from page 1 of this thread, where Johndoe gave me the idea for the 45 tsl. ATR is definitely the way to go, its just getting the number right isnt it? On my last trade 70 would ...

Trading Aussie Jacko Style

If open price is well below 1 you wouldnt be taking shorts, only longs on that IB, you only take shorts when 1 is lower than the daily open...

The DIBS Method... No Free Lunch continues

haha — Well keep in mind this is kind of an experimental thing, ie nothing is fixed. Jacko only trades eu full stop so anything we come up with here is completely untested...so far the 45 has worked out ok, but Im open. I think clouds idea of ...

Trading Aussie Jacko Style

update — 09550 buy, sl at -1, 0.9549 (high 0.9594- 45) leaving a hard stop at 0.9549, so quite likely I will be knocked out...later all, Raz

Trading Aussie Jacko Style

nice logic — Good thinking batman...I will leave my stop at breakeven if I get there, and see where it goes, on the last trade it wouldnt have made any difference, but this is the second time through this area so it may hold above..we will ...

Trading Aussie Jacko Style

ok — So once Im at breakeven you wouldnt move it until it gets to +100 or trail below significant lows, ok got it...I hate giving back so many pips but its a drag to get bumped out when we are still on the rise too, same old problem. I have ...

Trading Aussie Jacko Style

sl — Clouds, I noticed that you use a very tight sl to start, what are you using as a trail once you are in profit? Do you trail and by how much? thanks, Raz

Trading Aussie Jacko Style

chart — Can you post a chart...although I dont really use 1hr charts to be honest

Trading Aussie Jacko Style

in at 0.9550 again — so lets let it play itself out. TSL 45 (0.9515 now)I bought after a drop through and as it came back up...now we need some momentum! Take care, Raz PS dont know if you noticed but the Aussie dropped to the 61.8% ...

Trading Aussie Jacko Style

np dito — No harm done, I am sure it was just a joke...still I had to say something

The DIBS Method... No Free Lunch continues

cant let this go — Sorry but this is just way too sexist a comment to ignore

The DIBS Method... No Free Lunch continues

AH — Well, I think if an AH is meant to give you back your losses, it stands to reason you must use the same lot size on your AH as your original trade...new trades can be reduced in size but the AH must be the same as the original trade ...

Jacko's Forex House of Pleasure and Pain

yeah — Its difficult to say...Ive been using 45 with aussie, and I would have been knocked out with up to 65 or so, then again I would have given back too much in other cases. I dont think the ts is ideal to be honest but again, as Jacko says ...

Trading Aussie Jacko Style

weekly chart with fib confluence — Ok, so Im posting a weekly chart with the same trendline as before, plus Ive added in fib confluence areas. As you can see, if we drop through this area, 0.9550, we have quite a drop to the next area with fib ...

Trading Aussie Jacko Style

here you go — url Any and all comments welcome!

Jacko's Forex House of Pleasure and Pain

haha — Your answer was better though, have a great weekend!

Jacko's Forex House of Pleasure and Pain

new trade — Well that would be a completely new trade then. Normally Jacko would let the new rise play itself out and buy on the (next) pullback. If your AH is not triggered (ie market does not fall 50 pips below stop out point)you take the ...

Jacko's Forex House of Pleasure and Pain

TGIF — Have a great weekend guys!

Cesarnc's market talk, gossips, rumours & fun

hey mchael — Hi mchael, I appreciate your input, the problem is non -specific comments like this are not helpful, what data do you mean, why are you so sure people will be pulling out carry trades...this kind of warning is not tradeable, ...

Trading Aussie Jacko Style