Yeah, I remember him saying he went long U/C the other day - he must be ecstatic right now!

EURUSD

Hey Jacko! Wow - really appreciate the compliment out here! Thank you very much! That means a lot to me - especially coming for a pro such as you.

Jacko's Forex House of Pleasure and Pain

Thanks - I appreciate the compliment. To me, the market was swinging wildly and not moving smoothly. I decided to take profit and sit on the hill and watch for a while until things got a little clearer. Remember - you always need to get paid for ...

Jacko's Forex House of Pleasure and Pain

good - hope it keeps going down for anyone who else is short.

Jacko's Forex House of Pleasure and Pain

closed my shorts for +22 still haven't seen a sign of sellers enter the market (no strong down moves) - I'll take what little profit the market is giving to me and be happy about it. I closed due to the support level at 1.2820

Jacko's Forex House of Pleasure and Pain

I love it when a plan comes together!

Jacko's Forex House of Pleasure and Pain

hahahah - at least I'm not the only one! Had to take some dramamine awhile ago! Hopefully we'll break this channel soon

Jacko's Forex House of Pleasure and Pain

I closed my earlier short entries due to price action not holding under the monthly pivot around 1.2760 for a small profit. I was wanting to see an aggressive move through those levels of resistance, which I didn't see. Preserving my account and ...

Jacko's Forex House of Pleasure and Pain

The E/U lately has definitely been following the upward trend channel very nicely. The places in blue is where I'm looking for shorts.

Jacko's Forex House of Pleasure and Pain

All the fun we had with E/U the past 2 days and U/J still pretty much sitting there like a rock.

USD/JPY Discussion

Thanks for the explanation! What I was looking at was a quick fall of about 140 pips from the high back to a large consolidation zone to the support around 1.2680. What I've usually seen happen is price touch that support, bounce back to the upper ...

Jacko's Forex House of Pleasure and Pain

WOooooooo Man, it's great to hear all the good trades made today. Congrats guys!

Jacko's Forex House of Pleasure and Pain

What signals are saying to let it ride? Not being critical - just want to see what you see.

Jacko's Forex House of Pleasure and Pain

Agreed!

Jacko's Forex House of Pleasure and Pain

132 pips in just a few hours ain't so bad is it? Congrats man - wish you many more trades like that.

Jacko's Forex House of Pleasure and Pain

Fantastic man - great job! All you need is just 'one' trade like that a week. All you have to do is wait for them and enter and proper levels - not in the middle of all the consolidation.

Jacko's Forex House of Pleasure and Pain

Yeah man, the bears have a good hold on it! I hope it does keep going for all you shorts. Down to 1.2500!!! I personally just have gotten too much profit in my account to 'let it ride'. I can always re-enter and will either in Tokyo or later in ...

Jacko's Forex House of Pleasure and Pain

1.2685 is good enough for me. Closed my last short. I'm flat now - looking for next position.

Jacko's Forex House of Pleasure and Pain

If you did read his whole post, you would know he explicitly talks about blowing several accounts to learn. Jacko never had this issue, we've swapped emails about it so I know.

EURUSD

Wayne Jackson, aka 'jacko'

EURUSD