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Jpnek replied Jun 25, 2009Hey LasVahGoose, Couldn't agree more with you on this one. Although I'm still short-biased (in the short term), we seem to be in consol-mode for the time being. Better to calmly wait and let the market show us its real direction. Cheers,
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 23, 2009Hey Money Man, Just went back to see what you're talking about. Seems like Deja-vu. Very interesting indeed

Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 23, 2009Is anyone else having problems with their posts being deleted...?
Hey whitegoodman, I originally posted that although I do not trade using PPZ's, now that you mention it, I do see a key area around .3730~.3765. CheersJacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 23, 2009Hi whitegoodman, I'm seeing .3600 as a good entry to long the market as I have the confluence of 3 50% fibs around that area (.3588~.3651), also -as lovejoy mentioned- it's where my H4 falling trendline meets my upwards D1 support line. Can I ask ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 19, 2009Hi FXFelix, Same here. As you may read in my previous post I'm also not a big fan (thanks to Jacko) of holding trades over the weekend. It's just to risky for my taste. Besides, PA seems to bouncing off the lower wall of my H1 channel. Edit ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 19, 2009Hi c49ermoose, In my case, I was stopped out by my TSL. Besides that, one of my rules is never leave any open trades over the weekend. In hindsight, my TSL did a great job. I was able to grab 100 pips out of a 130 pip move. Cheers,
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 18, 2009Thanks, Low. Looks like you still riding this baby
Good luckJacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 18, 2009Just woke up to find I have an extra 100 pips in the bag. Pulled the trigger with a Sell limit order at .4000. Closed out by TSL. Looking forward to re-enter this trade today... Edit 7:50GMT: looks like PA didn't make up it's mind during Asian ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 17, 2009Hey Low, You know me, I'm the '1 pip matters guy'. I feel however, that .3950 is a fine entry and not as bad as you are making it look. Some of us are waiting in hope (and I've been waiting for a couple of days) for PA to reach our entry target, but ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 16, 2009Congrats on the 94 pips, Low. Seems like everyone who went long yesterday came back with a bag full of pips. I'm (im)patiently waiting for my short

Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 16, 2009Jcalow, although it's a bit early to see an H4 pin bar, what I do have is a nice H1 pin bar sitting on top of the 50% fib. Ricky may be right, however, with news coming out in a couple of hours, anything can happen.
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 16, 2009Indeed, he was. We all know that Jacko has an uncanny view of the markets. Still, I managed to grab 50 good pips on that trade. Good for a week start. BTW, I've seen that you usually enter in counter trades, based on Jacko's view of market ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 15, 2009Thanks, Ricky.
for you, too. I closed mine for a profit of 50 pips. Initially, I had set a T/P at .3745 but since PA just bounced back from .3755 I decided not to be greedy and walk away with what the market was offering me. Besides, as I ...Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 15, 2009Actually, I think I got in after you did...!. Risky trade, though. PA seems to be stuck around .3775
and Jacko is warning about an oversold condition. I better watch this closely... Edit: 19:50GMT. I have decided to manually close my ...Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 15, 2009Ooops. Sorry, my mistake. Forgot to write down the A-H re-entry price.
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 15, 2009Thanks Wayne. Could have never done this without your great mentoring. Cheers, Paul
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 15, 2009Hi Paul88, A-H explained by the Master himself url If you went long at .3900 and your S/L was hit at .3800, you should wait for PA to go at least 50 pips past your S/L (.3750) before placing your Buy Stop order again *at .3800. *Edited as I failed ...
Jacko's Forex House of Pleasure and Pain
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Jpnek replied Jun 15, 2009I'm with you on this one, Rick. Got in at .3845 at the last pullback. As I consider this a very risky trade because of the really low entry point, I've just placed my S/L at B/E (currently 60 pips in the green). I'm planning to buy back my lots at ...
Jacko's Forex House of Pleasure and Pain