If we are looking at fibs we have a low on March 23rd @ 5338, On April 25th price has gone below and closed slightly above the 50% fib.on a longer term we had a low @ 4440 making the 50% 5225....... are we going to see this market retrace that ...

Jacko's Forex House of Pleasure and Pain

eirron...... You need to chill, soooo, you get a time out. Trader John....... can you give us a link to the article? As to trading.... a trend is a trend, who cares which direction it is going ... I will gladly hitch a ride, however this present ...

Jacko's Forex House of Pleasure and Pain

The other advantage to the EUR/USD pair is it has the tightest spread.... more money in your pocket.$$$$$$$

Jacko's Forex House of Pleasure and Pain

this is all fine and good but....... The only pair Jacko trades is the EUR/USD.

Jacko's Forex House of Pleasure and Pain

This is NOT a gann trading SYSTEM...... it is merely a technique to use on pull backs to get back into the trend.

Jacko's Forex House of Pleasure and Pain

I was going through some notes and found this item again...... it may be of use with these pull backs. Gann pull back entry setup.

Jacko's Forex House of Pleasure and Pain

Uhhh, yeah, what he said.......

EUR/USD Trading Room

Do not stir the pot.......... and seaninchicago and ace trader, put your differences aside or you all get a time out...........

Jacko's Forex House of Pleasure and Pain

1.5772

Jacko's Forex House of Pleasure and Pain

I will be sitting aside for a bit ..... let this sort itself out.... plus I have AH in place.

Jacko's Forex House of Pleasure and Pain

I have been in since last friday..... lets see if this current momentum has some legs......

Jacko's Forex House of Pleasure and Pain

Rant on tdion........... I agree with most of what you said.... I could NEVER figure out the pivot point thing, and elliot waves.... forget about it. But I do use MAs for my edge, thats it, no cci, no rsi, no macd..... just a couple of little ...

We're all saying the same thing

yes, 2% is a good start, as you get more comfortable and experienced up to 5%. I use 1.5% because of the increased trades.

Jacko's Forex House of Pleasure and Pain

I take 3 to 5 trades a week, which is a little more than Jacko does.

Jacko's Forex House of Pleasure and Pain

The thing you need to do is find a system that works for you..... ALL systems have periods of draw down, and it is those periods that separate the professional from the newbie. The professional sees these periods as just a part of and cost of doing ...

Jacko's Forex House of Pleasure and Pain

Probably never......... But if and when you get to be a big dog you can use their API to automate your trades.

Jacko's Forex House of Pleasure and Pain

PREPAY GOOD ENTRY LEVELS... That is a GREAT way to phrase it.

Jacko's Forex House of Pleasure and Pain

Why are you setting a TP at 50 pip? you are limiting yourself. As to TSL, even Jacko manually moves his. I trade at Oanda also and I check in a few times a day and reset my stops then, no big deal.

Jacko's Forex House of Pleasure and Pain

Just because last weekend was a wild one doesn't mean they all are.......

Jacko's Forex House of Pleasure and Pain

AH order was picked up @ 1400 EDT 4/18/2008, I held over the weekend and am currently up 42 points. Moved up TSL and will see what happens now,

Jacko's Forex House of Pleasure and Pain