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- dwildes replied Mar 10, 2009
In a nutshell - my style is the same concept as jacko, except I don't like the one entry & the TSL, so I manage my entries/exits differently. I have modified that to suit my needs. I won't get too much into it due to the spirit of this thread, but ...
Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 10, 2009
2 days may be enough though to get you an awesome position in the 'correct' trend.

EURUSD
- dwildes replied Mar 10, 2009
I'll be right there with ya man!
It matters not to me if we keep going up. As long as it keeps going up with no significant retracement - I'll remain confident. Maybe we can get one more spike up to 1.2850 to get one more position in ...Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 10, 2009
Personally - I do not correlate between them and the E/U. At most, I just use the USD index.
Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 10, 2009
Just FYI - I opened one entry at 1.2818. Other entry levels are 1.2850 and 1.2880 levels - if we get that high. I'm looking for a move back to 1.2650.
Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 10, 2009
Just pierced the upper trendline on the H1s. Starting to build my shorts.
Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 6, 2009
I find it hard to believe that someone from a forum would give someone who trades drunk, has barely a year of experience, blew their account several times - hundreds of thousands of dollars to trade with? If that is true - whoever that was is an ...
EURUSD
- dwildes replied Mar 6, 2009
We also formed a bullish daily PIN bar. Even though I would be looking for shorts at these levels - more probability for long than short IMO.
USD/JPY Discussion
- dwildes replied Mar 6, 2009
Yeah - just having some fun. :-) One more 6 on there will give it a better portrayal. Imagine if all this was happening in 2012 - I swear there would be an chaos and panic everywhere! *haha*
EURUSD
- dwildes replied Mar 6, 2009
Sell on an inverted H&S pattern?
Have a good weekend as well!USD/JPY Discussion
- dwildes replied Mar 6, 2009
Excellent entry!
Anything under 1.2620 wasn't the time for shorts since we hadn't touched the upper line of the TL on the H4. And that would be an aggressive entry. I wish I was there with you - I forgot to turn my speakers on this ...Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 6, 2009
Thanks for the compliments.
Personally - I'd rather stay under the radar and be under estimated. If you want some fun - just watch the E/U thread before/during/after the NFP. Like a bunch of chickens with their heads cut off... *hahaha*Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 6, 2009
I completely understand. But it's only come down maybe 30 pips right now. I've seen these things head-fake one way for 50pips, then blast the opposite direction 200pips. The allure of easy money will tempt anyone - I've traded the NFP as well, ...
Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 6, 2009
Just as long as you don't come shouting if the market falls down to 1.2500.
Engineers will appreciate this: Here's the simple/logical way to look at trading before the NFP - it's not as repeatable. There are lots of knee-jerk reactions, things ...Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 6, 2009
It's your trade, but I think anyone who is going to make trading a serious profession wouldn't gamble in front of one of the wildest reacted news releases in forex. That's just me though....
I do wish you 'luck'Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 6, 2009
Why open a position before such a major announcement coming up?
Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 6, 2009
We ripped through those levels, and made it all the way to the 1.2720 level. We are forming a little bit of a bullish flag on the H1 and H4. So it look more probable that we're going to go up again. I'm liking these levels for a short, but I'm going ...
Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 5, 2009
Yep it was - and I did.
I think odds are highly probable we will make it back.Jacko's Forex House of Pleasure and Pain
- dwildes replied Mar 5, 2009
Hopefully that'll work. I'm not keen for shorts until at least 1.2620-.12650 myself as it's the bigger 50% on the H4
Jacko's Forex House of Pleasure and Pain