zorroz, I edited my post slightly; I didn`t mean to sell @ 1.4415 I would look for a break of 1.4415 and 1.4400, then a retrace to 1.4400 and when that fails, sell @ 1.4400......

Jacko's Forex House of Pleasure and Pain

zorroz, thank you for the head-up and I wouldn`t be surprised if Jacko looks at it from the same angle. and even if it is a little different, he encourages different points of view so I`m encouraging you to speak your mind and I`m sure lots of ...

Jacko's Forex House of Pleasure and Pain

thanks zorroz, always appreciate other people`s opinion. how would you play this; can you give me some figures?

Jacko's Forex House of Pleasure and Pain

its getting really interesting now. high price of 1.3457 at my daily trendline...... will it break the trendline and close above it??? or will it go down from there??? it has been really strong lately, but with all the borrowing the US government is ...

Jacko's Forex House of Pleasure and Pain

on average Jacko trades twice a week and he holds it for hours to a week dont agree with Jacko at all that he`s a long term trader. but apart from all that: what`s in a name - the important thing is that he is an awesome trader making bucket loads ...

Jacko's Forex House of Pleasure and Pain

still waiting for your different set of rules babe.......

Jacko's Forex House of Pleasure and Pain

not really a ranging market aye BabeFX as an aspiring trader maybe you shouldn`t use such strong language. I`m always willing to learn something new, so what is your different set of rules for trading a ranging market?

Jacko's Forex House of Pleasure and Pain

stopped out @ 1.3284 for a 84 pip loss. seems like the E/U starts to listen to the fundamentals again. I`ll be watching for a 50% retrace to around 1.3250/1.3200 and go long

Jacko's Forex House of Pleasure and Pain

I`ll be short @ 1.3200

Jacko's Forex House of Pleasure and Pain

The ranging market was over a couple of days ago and that`s why I got into the action. It might go and try to take out the high of 1.3298. Sorry, but I was not taking profits; after the trades went into profit, I had a 50 TSL on and the market ...

Jacko's Forex House of Pleasure and Pain

price went down to 1.2904 and as it went up again I went flat @ 1.2926 for a 74 pip profit. went short again @ 1.3000 with a TSL of 100 pips price went up to 1.3059 and almost reached my TSL @ 1.3069 we`ll see how this pans out. anybody short @ ...

Jacko's Forex House of Pleasure and Pain

dont really know what is now so difficult to trade. we have a downtrend in EUR/USD we had a STRONG retrace to around 1.2960 1 1/2 days ago, so I got in @ 1.2954 and stopped out for 81 pips profit then a strong retrace to 1.3000 so I sold there and ...

Jacko's Forex House of Pleasure and Pain

just stopped out with 54 pip profit

Jacko's Forex House of Pleasure and Pain

takisd, from Lismore/NSW here; bit too far out for a chat but who knows............ you seem to trade the breakouts.......is the quiet Asian session volatile enough to do that? take care

How people should really trade!

just got out of bed price now 1.2970 sold 1 futures March contract (1.2967) at cash price of 1.3000, TSL 100 pips. see how it goes edit: cash price now 1.2942 and changed TSL to 50 pips......a few pips locked in

Jacko's Forex House of Pleasure and Pain

yesterday a 250 pip momentum day and shorted today @ 1.2950 - just stopped out for a 81 pip profit. certainly no waiting here

Jacko's Forex House of Pleasure and Pain

[/quote]price now at the daily trendline and sold @ 1.2954, SL 100 pips. must admit price action does look strong for the last 3 days and we`ll see if the trendline will be honoured. see how it goes[/quote] intraday low 1.2863; added trailing stop ...

Jacko's Forex House of Pleasure and Pain

when 40 pips in my favour, I moved to BE and stopped out. price now at the daily trendline and sold @ 1.2954, SL 100 pips. must admit price action does look strong for the last 3 days and we`ll see if the trendline will be honoured. see how it goes ...

Jacko's Forex House of Pleasure and Pain

price now 1.2937 sold @ 1.2940 after a run-up to 1.2953, trailing 100 pips going back to bed

Jacko's Forex House of Pleasure and Pain

w.jen, so how would you play it?

Jacko's Forex House of Pleasure and Pain