Test — Hi truckjrt. Just adding to what Dan said and I agree with him. I personally like to keep it simple as possible. Im either all in or all out, same as with my losses, i dont average them down, if that makes sense to you... However, this ...

DanUK Simple EUR/USD Trading Journal 2009

In G/U — Hello. Im in at 1.6200 Stop set at 1.6100 First "obstacle" will be 1.6250 - 1.6300 but hopefully get to break even by then. We have in our favour strong historic support and upward TL. If you look at 1h you cna clearly see price is ...

DanUK Simple EUR/USD Trading Journal 2009

Ooops — Sorry bout that mate lol! Just realized about the other post you made on A/U ha! cheers anyway.

Trend Trading Chart Thread

A/U — Hi Dan, Quick q about aud/usd. On the 4h charts we have a rather strong 4h TL. Based on how you trade (along fibs and round numbers) would you be looking to enter around 0.8700? Reason I ask is because price is at the 50 fib which is ...

Trend Trading Chart Thread

GBPUSD — Hello! I second that. Lots of support at 1.6100 - 1.6000. I suppose its best to sit tight and see what kind of action we get near these levels. IMO its broken the dailies TL and we are ranging pretty heavily from the looks of it.

DanUK Simple EUR/USD Trading Journal 2009

USD/CAD — Anyone been watching U/C? 4h chart. Fib Swing High @ 1.0927 Fib Swing Low @ 1.0600 Fib 50 aprox 1.0750 Price bounced and I entered @ 1.0700 with a 50 pip stop (1.0750). IMHO because I see a fair amount of congestion down below ...

Trend Trading Chart Thread

Q on AUD/USD — Hi Dan, When you say you got in @ 0.8300, do you only enter in 50 fibs retracement or are you "flexible" with this (23.6 - 38.2 - 61.8) as long as theres additional confluence? Just wondering since Jacko sticks to 50 only I ...

Trend Trading Chart Thread

IB´s forming — Could this be a sign of a strong breakout? Theres a series of Ib´s forming near the swing high? Dan, delete this post if you think its not appropriate here in your journal. I dont want to clutter it mate.

DanUK Simple EUR/USD Trading Journal 2009

Cheers — Yes i´ll start testing . Thats one problem ive noticed with me and I tend to over analize alot of stuff. I also do too much "theory" and not so much practice, although ive been changing this in the last 2 weeks so im getting ...

Trend Trading Chart Thread

cheers — Yes I see what you mean. I believe its best way is through experience because it obviously depends on the objectives of each individual trader, be it to open and close within a session or to swing for a few days, in which case a wider ...

Trend Trading Chart Thread

About other currencies — Hi Dan, Just wondering, when you mention about other currencies that you trade in a sepperate acc. Do you apply the same method as in e/u & g/u? Same SL sizes or would you vary them based on the individual currencies ...

Trend Trading Chart Thread

Aheup — I agree, I think the next areas of interest would definately be 1.4500 - 1.4000. It might go straight through the 50´s fib but it will stop and reverse at 1.4000 definately. I also believe the 1.45 does hold quite a lot significance on ...

Jacko's Forex House of Pleasure and Pain

Here goes... xp — Hi Dan, Am I right in assuming that the reason you put lines every 50 pips is to "visually" see better where you would enter had price bounced at say (for example) 1.2000 and gone up to 1.2050? youd wait for a bounce of 1.2 ...

DanUK Simple EUR/USD Trading Journal 2009

Cheers for that Dan. Yes it does make sense, especially when you mention the example of the 1.6600 support level, which essencially does keep your stop behind support/resistance lines before you start trailing. I like that. Thanks for your quick ...

DanUK Simple EUR/USD Trading Journal 2009

Keep it up Mate! — Hey Dan! Thanks for your thread. Your doing great and ive read through it all. Its good to see how you think mate Ive been demoing for a couple months and pretty much trading major S/R and pa, sort of a mix of J16, ...

DanUK Simple EUR/USD Trading Journal 2009

Just a Peep — Hi folks, not here to distract the discussion...im new to the forum and id like to hear from people who have/are trading with Jacko in his program. Im just looking to hear from those already in and how they see it as a good ...

Jacko's Forex House of Pleasure and Pain