Some of you may remember this trade (see posts 557 and 564 and 575). In summary, I bought at 1.3650 and was stopped out at 1.3600. However, Hallelujah, brother !!!!!!.... the soldier was not dead......Hallelujah, brother !!!!!!.... he was only ...

Jacko's Forex House of Pleasure and Pain

Hi, Well, last week was interesting...... The market drifted down to a low 1.3449 which was one pip below my 1.3450 buy price then proceeded to power upwards to 1.3672 before closing at 1.3666. Unfortunately, because I am not sure if anyone here ...

Jacko's Forex House of Pleasure and Pain

Hi FXholic, This is my fundamental overview that colours my thinking about the long term USD market. I definitely believe that the $USD is going to weaken over the next few months. As I have stated before, my long term target over the next 12 months ...

Jacko's Forex House of Pleasure and Pain

I give it for free.......because nobody would pay for it. .

Jacko's Forex House of Pleasure and Pain

Sorry. The above post wasn't very clear...will try again... 1. I am a buyer at 1.3450 (from a lower price) 2. so, when (or if) market hits around 1.3420, I will activate a stop buy at 1.3450 3. If market continues to fall to 1.3400 I will buy at ...

Jacko's Forex House of Pleasure and Pain

The euro is sliding s l o w l y down. I am waiting for it to go through 1.3450, then will buy as it is heading back up. (I don't want to catch a falling knife). I am still a buyer at 1.3450 (from a lower price). Really fuzzy thinking: It may fall to ...

Jacko's Forex House of Pleasure and Pain

To everyone, Even though this is not a live trading thread I will try to outline, in advance, what I trade. This week, I am looking to go long on the euro again. However, I think that I can buy them cheaper than the current price of 1.3500. (I don't ...

Jacko's Forex House of Pleasure and Pain

To everyone, This is one of those awful, and most dreaded, posts. It is a post AFTER I have done a transaction. For those of you who are cynical of such posts, Please stop reading as I do not want, or need, a barrage of complaints. For anyone who ...

Jacko's Forex House of Pleasure and Pain

Hi turnip15, I give it for free.......because nobody would pay for it. .

Jacko's Forex House of Pleasure and Pain

Hi Diallist, This is another question where someone is asking whether i have "concrete, never-to-be-changed, purely mechanical" rules, (similar to the questions about any "rigid rules" for priority in regard to 50% Fibs, round numbers and trend ...

Jacko's Forex House of Pleasure and Pain

Well, the Market didnt rise up to 1.3500 for a second touch. However, I have left the 1.3500 stop buy in place. ANOTHER BIG CALL !!!!!!!!! I haven't gone "short"...and don't intend to go "short"...for a couple of reasons: 1. I think the opportunity ...

Jacko's Forex House of Pleasure and Pain

One final point, then I will stop posting and taking up valuable ForexFactory broadbandwidth. When I want to go "long" but the market is in a (hopefully temporary) decline/retracement, I try not to catch a "falling knives". I prefer to let the ...

Jacko's Forex House of Pleasure and Pain

Hi Jolimoney, There was another point that I felt that you have mis-interpreted me...where you seemed to infer that there may be cases where a round number or Fib number would be a higher priority than the A-H number. I think that you have missed ...

Jacko's Forex House of Pleasure and Pain

Hi Jolimoney, I have tightened up the spacing on your post and highlighted the numbers to try to explain your questions more clearly. Firstly, I do not trade a "purely mechanical" program or system. I use my discretion. However....I believe that I ...

Jacko's Forex House of Pleasure and Pain

Hi erkro, I apologise for not answering your post 565. I was a little distracted by another matter and didn't really read it properly. However, I will reply to jolimoneys post above, (but remember that I type VERY slowly...). I will draft a reply ...

Jacko's Forex House of Pleasure and Pain

This trade died an ignomious death..... RIP 1.3650 trade....but don't cry for this fallen soldier (trade)....he will be resurrected...Hallelujah, brother.....sometime in the future....Hallelujah, brother......that is what the A-H strategy will do ...

Jacko's Forex House of Pleasure and Pain

Hmmmm.... "we recognise the value" .... Wasn't this whole issue of the credit market freezing up, was a result of Credit markets saying that they couldn't price the securities. Now Goldmans come out and say that they can price the securities, and ...

Subprime Worries

Some-one please tell me whether Goldmans and the 2 investors paid the "fair market rate" for their sub-primes in the Fund.... .

Subprime Worries

SunTrader, Who priced the rate at which Goldman and the 2 investors bought into the sub-primes in the Funds ??? Was`it Goldmans ???? No...surely not !!! What about a quick way to make a cool $500 mill (or more.....Goldmans are not known for being ...

Subprime Worries

Market bottomed at 1.3601. Still in there (but there are claw marks on the wall where the market tried to drag me under...LOL). The sun is still shining on me. Feeling better at current market price of 1.3615 but still have this feeling that this ...

Jacko's Forex House of Pleasure and Pain