Newt is doing very well on this trade. Now I am starting to get jealous that I didn't take the same trade. .

Jacko's Forex House of Pleasure and Pain

The above post pretty much sums up Mark and his attitude to the Forum. As Mr Trend says, very few brokers visit the Forums. Some places even have a policy against posting, unless it is for news items and is authorised by the brokerage. Also, Mark is ...

Jacko's Forex House of Pleasure and Pain

See responses below:

Jacko's Forex House of Pleasure and Pain

No....nothing to do with options.

Jacko's Forex House of Pleasure and Pain

No offence taken. I wasn't offended. I want to put it on the Forum but Mark is absolutely dead against it. To me, the A-H is nothing special. But it works!!! The new idea is similar. Nothing complex. But it worked on our backtests. And it is working ...

Jacko's Forex House of Pleasure and Pain

Hi johnedoe, I am not trying to do that...... I suppose that I am just a little bit proud of myself that we have found a new idea that I think is a bit "special". And it is nice to see it working in its first live trial (even if I am not getting any ...

Jacko's Forex House of Pleasure and Pain

Go Newton, LOL ....The guy is a plunger !! His first "live" test of our new trading idea is working very well !!! (It worked well on backtesting but it is always nice to have a "win" first time out). .

Jacko's Forex House of Pleasure and Pain

Hi khanderoo, You have some very good friends outlined in your post. Keep working with them and you will all be happy. .

Jacko's Forex House of Pleasure and Pain

Hi spike71, The short answer is that, at the present time, I don't know where the market is going. We are letting our adrenalin rush from last week dissipate and try to get back to some semblance of calmness in ourselves. We were reckless and a ...

Jacko's Forex House of Pleasure and Pain

This is just me thinking (or writing) Macro fundamentals out loud. IF the above scenario happens you won't see any real evidence for a little while. I keep an eye on the fundamentals.... but I trade off the charts. .

Jacko's Forex House of Pleasure and Pain

Hi tony_klaten, Yes......but not just yet. It ain't over till it's over! But ....I could be wwwwwrong!! .

Jacko's Forex House of Pleasure and Pain

Hi owkenobi, Lets put it in perspective.... Forget about "Trillion dollar turnover" hype about the forex market. This is a market where any newbie trader can get 400:1 leverage....so the "Trillion dollar turnover" is a bit of Marketing hype. Just ...

Jacko's Forex House of Pleasure and Pain

Hi Archer, Definitely. If the Investment fund wants to sell the Euro at these high prices and buy them back at lower levels, then the long term trend is over. Also if they sell the Euro, it increases the value of their $Trillion holdings. It is a ...

Jacko's Forex House of Pleasure and Pain

Hi raczekfx, Exactly. They have control of the USD by means of their $Trillion of debt owed by the US government to China. The increasing US debt is the same as "buying" the USD. However, the $200 Billion can be used to sell the Euro (and to a ...

Jacko's Forex House of Pleasure and Pain

Hi Mr Trend, I wasnt scaling in. Mark reacted like he had been hit with a cattle prod when the 50 point drop was announced and said that the impact of the 50 point drop would resonate for a week, so we were just grabbing as much as we could as cheap ...

Jacko's Forex House of Pleasure and Pain

1. They will use it to sell Euros (primarily) versus the USD. Will explain more later. .

Jacko's Forex House of Pleasure and Pain

A $200 Billion Fund was launched today by the China government. The implications are immense. .

Jacko's Forex House of Pleasure and Pain

Hi Trader KGB and Rancliff, We have been aggressively buying from 1.4000 to 1.4250 in 50- 100 pip increments. (The 50 point interest rate drop was like an electric current to Marks butt. We have been buying like drunken sailors in a bar after 12 ...

Jacko's Forex House of Pleasure and Pain

Hi Pippo, I like it when this thread is quiet..... It either means that the serious traders are quietly trading this method and making a lot of money OR it means that the "noisy" posters find it too boring and dont fill it up with useless rubbish. ...

Jacko's Forex House of Pleasure and Pain

This idea is turning out to be something quite interesting. It is an easy fit to my current trading strategy. And it appears that it will increase my returns by more than we originally thought, with no impact on my existing trading strategy. (It is ...

Jacko's Forex House of Pleasure and Pain