I'm a newbie — Well I'm a complete newbie so dont know how weeekends usually play out. I closed last week prior to the weekend so did not get hit my the big gap down. And then I got on board early monday morning for the recovery. Are these ...

Jacko's Forex House of Pleasure and Pain

Heading up — Hello I am back on board. Anyone else? TP

Jacko's Forex House of Pleasure and Pain

Stopped out — I left the house for some lunch and get back to find I have hit my stop and am out.

Jacko's Forex House of Pleasure and Pain

Back in already — Hello I set a buy order at 5880 and its just been hit so it seems I'm back in already. TP

Jacko's Forex House of Pleasure and Pain

Closed at 9655 for 90 points profit — Hello again OK so a quick update: I set my limit order at 5955 to give me 90 points profit. It was just touched and my position was closed out for me. I'm happy with that. No real science applied to choose ...

Jacko's Forex House of Pleasure and Pain

Exits — Hello Everyone My long from 5865 is still in play with stop at BE. I'm thinking about exits now. I guess with a R:R of 1:1 then a 100 point stop should mean a 100 point profit. That would put my exit up at 5965. Just wandering if ...

Jacko's Forex House of Pleasure and Pain

OK got it — Saint Stevo OK I got it. You wanna be or will be a buyer if price hits 5850. I see. If price hit 5850 I'd wanna be a buyer too. I can understand what you mean about fixed orders. I also find myself second guessing when to enter. ...

Jacko's Forex House of Pleasure and Pain

Buyer twice? — Saint Stevo Hello I'm confused so please dont read this as some form of attack. I saw we hit 5850 earlier today but that was just once at around 12:30 GMT. How did you get to buy at 5850 twice? Apologies if I misread something. ...

Jacko's Forex House of Pleasure and Pain

5865 — I got in at 5865 and have moved my stop to BE. If it heads back down to there I will get stopped out. 50 points breathing room is enough for now is what I say. I'm lucky I missed the 5900 touch earlier today although 5850 would have ...

Jacko's Forex House of Pleasure and Pain

I am new and trying to trade with Jacko's rules. I was thinking about placing a buy order this morning when 5900 got hit and then price raced up to 5930 and 5950. So I missed that one. In the meantime I have been looking at other pairs looking for ...

Jacko's Forex House of Pleasure and Pain

Just read your profile. I'll get my hat...

Jacko's Forex House of Pleasure and Pain

Aad — Never heard of that EA. Which broker is this with? I am in the UK and have been using IG index. Currently demo'ing a new acount with ABN-AMRO marketindex.

Jacko's Forex House of Pleasure and Pain

Multiple positions — So if you already have another position from 5814 do you trail the stops independantly or as one whole poisition?

Jacko's Forex House of Pleasure and Pain

5900 — Hello I just watched as price hit 5900 and bounced right off it. I was thinking about placing an order here. I will wait for now and see what happens.

Jacko's Forex House of Pleasure and Pain

Curve — It doesnt mean anything. I just thought it was interesting visually.

Jacko's Forex House of Pleasure and Pain

2H Chart — Interesting view here on the 2H Chart - hindsight is great isnt it. Full size chart here - url and smaller one displayed. The sweeping curve before todays rise looks almost poetic and to be honest too obvious to miss. image

Jacko's Forex House of Pleasure and Pain

Me too — Yeah I missed the action too. I went long at 5805 and then closed it at 5792 amidst all the chatter about ECB fears. I was watching it rise thinking should I enter now, should I enter now. Oh well. I'm chalking this down to ...

Jacko's Forex House of Pleasure and Pain

Thoughts — OK I see 50 Fib based on yesterday's high low at 15780 level which we have bounced off already. If that does not hold then I see: A support line around 15727. And a 50 Fib around 15712 based on Apr 3rd low to 10 Apr high. No idea ...

Jacko's Forex House of Pleasure and Pain

Understood — OK got it Jacko, thanks. Waiting patiently now for the elephant to get tired.

Jacko's Forex House of Pleasure and Pain

Closed — OK I decided to close at 5791 to see what happens. Seems price is hovering back around 5800 level now - typical...

Jacko's Forex House of Pleasure and Pain