THIS IS GOLD GOLD GOLD. I COULDN'T AGREE MORE. WORK OUT YOUR HIGHEST PROBABILITY SET UPS, ONLY TAKE THEM AND RIDE THEM. forget the need to have to trade and only trade when you should.

(can) small accounts make a living ?!

hi billytt an interesting thing to do IF it's possible would be to pull up a chart and find the crappiest most ordinary tightest sideways range bound recent period and try and back test your system through that period and see how that does. also go ...

(can) small accounts make a living ?!

also note how H REARDON has put in capitals PROBABILITY!!!! between probability and what rocroy has outlined, if you base a system off these principles then you should go close to being on track. if you do that then it is only your mental state and ...

(can) small accounts make a living ?!

sorry that was meant to be quoting rocroy

(can) small accounts make a living ?!

be able to wait for good trades, and let them run, and also be able to analyse objectively, spot bad trades and exit from them early enough. enough said

(can) small accounts make a living ?!

i better add something too mate seeing as i helped start this haha. trying to bite my tongue as i feel the thread has been hijacked with an antipodean flavour hehe but those koala's can scratch the living shit outta you. let's not even talk about ...

The Future of Forex?

Wallabies - 2 All Blacks - 0

The Future of Forex?

haha — cheers Dopey....no prizes for guessing where i'm from haha

The Future of Forex?

because their foreign policy is an unrealistic goal

The Future of Forex?

Gday Yonnie I have something that might be of interest to you. Not a system but something that could be of help. What is the way to contact you? This would only be of assistance to anyone in Australia and it's not some wizz bang new system so don't ...

Jacko's Forex House of Pleasure and Pain

Hi Mr Kiss No you are exactly right. Jacko says to only trade in the direction of the main trend.....however...he did dabble for awhile with countertrend trading i think due to pressure of some students wanting to trade more. pretty sure he felt ...

Jacko's Forex House of Pleasure and Pain

hi all as usual i'll preface this by saying that i'm no expert but i think a key point is being missed here in discussing Jacko's method. yes we look at 50% fib numbers, round numbers, long term trend etc but something being left out is price action ...

Jacko's Forex House of Pleasure and Pain

i just quickly did some eg's to roughly show what i look for and then to trade and manage a la jacko. this eg is off a daily chart. a picture is usually better than my words

Jacko's Forex House of Pleasure and Pain

you made a good point there yonnie that i didn't respond properly to. when jacko was riding eur/usd up on the big uptrend over the past couple of years or so, notice how even when it came back and hit the trendline that it didn't really just hit it ...

Jacko's Forex House of Pleasure and Pain

I know that there have been times that Jacko has made a call and i have waited for price to swing that way and for short term momentum to swing around on lower timeframes rather than just jumping in on his call. I may give up some pips doing that ...

Jacko's Forex House of Pleasure and Pain

cool yonnie i was thinking of how i can put my view down to convey it properly but it's a little hard as i won't be entering just at the first hit of those levels and alot my style is pretty discretionary. i'm looking for reasonably strong bar down ...

Jacko's Forex House of Pleasure and Pain

haha geez mate don't do that to me about the sell area. i knew i shouldn't have put it down haha. all i would say is that if it sets up right "for me" and that if i did take a sell at that level then i would be watching it closely as we still have ...

Jacko's Forex House of Pleasure and Pain

Yonnie I just went to pm you but found out that i can't so while trying to remain in line with how this thread is meant to run i'll just say that at the moment we are 1. hitting up against a long term trendline 2. however short term momentum is ...

Jacko's Forex House of Pleasure and Pain

Glad you took my comments as intended Yonnie. I'm not game to post sometimes as there is so much tension on these forums that you get shot down no matter what haha. I might pm you with how i'd approach it beacuse whilst i totally agree and trade ...

Jacko's Forex House of Pleasure and Pain

Gday Yonnie Please don't take this as a criticism as you may well turn out to be absolutely spot on but i'm just putting it forward to wait for price action to give you the heads up that price is going south? I read your post and as i said you may ...

Jacko's Forex House of Pleasure and Pain