Just my opinion — Hi Limstylz, I believe Jacko treats the 300 bars as a pretty good guide to start from. If you go further back the trend lines are considered to be stronger. That is my take on it anyway. If anyone has a different opinion ...

Jacko's Forex House of Pleasure and Pain

Just my opinion — Hi Noob, I am overly cautious. I would probably wait to see if there is a bounce of the 50% fib and then buy. Having said that I have missed so many opportunities lately its not funny Regards Steve

Jacko's Forex House of Pleasure and Pain

Thanks — Hi Guys, That is great, thanks for the replies. Steve

Jacko's Forex House of Pleasure and Pain

How does Jacko draw his trend lines . . . . . . — Hi Guys, Jacko likes drawing his trend lines with the resistance line sloping down and the support line sloping up. Jacko had said earlier that this is stronger than trading channels. ie. ...

Jacko's Forex House of Pleasure and Pain

Candlestick Reversal Patterns — Hi Guys, Unless I am missing something pretty obvious here what candlestick reversal patterns do you use to signal the end of the retracement? Regards Steve

The System (Irony included)

Why do you need an indicator for a trailing stop? IG Markets allows you to set trailing stops although Jacko updates his periodically based on the most recent high or low since the trade opened. As far as I am awatre you only plaqce the AH trade. If ...

Jacko's Forex House of Pleasure and Pain

Yeah, thanks Coscorp. I forgot to mention letting it travel 50 pips past the stop. Thanks Steve

Jacko's Forex House of Pleasure and Pain

Anti Hedge — My understanding is when your stoploss gets hit (regardless of the size of the loss) the A-H comes into play. Regards Steve

Jacko's Forex House of Pleasure and Pain

Timeframe on charts — Hi Jpnek, What time-frame on you charts were you looking at for those trades? Steve

Jacko's Forex House of Pleasure and Pain

MetaTrader Template — Hi Guys,Predominately I have been using ProRealTime for the charting.I have noticed that there are a number of charts that have been posted and it looks like they are all based on the same template. I was wondering if ...

Jacko's Forex House of Pleasure and Pain

Price Action Books — Hi Guys, Is there a book on Price Action that is recommended by Jacko. I have been through thios thread and some others and the ones that come up are the Steve Nisons Candlestick books and Master the Markets. I am not sure ...

Jacko's Forex House of Pleasure and Pain

Entries — Hi Dan, Thanks for the reply. I have read all of Jackos posts. The problem is if you have a sucker rally go against you it will still take out your stops. Steve

Jacko's Forex House of Pleasure and Pain

Question regarding entry — Hi Guys, When you look at the Euro at the weekly, daily and 4 hourly the trend looks down. What my question is is this. "Do you look at a smaller timeframe to determine your entry." You determine that you should be ...

Jacko's Forex House of Pleasure and Pain

Can you please outline what you do — Hi gmaterna, Can you please outline what you do to achieve this. It sounds like you arent following Jackos rules exactly. I am trying to get as much from this thread as I can before I sign up up with Jacko. ...

Jacko's Forex House of Pleasure and Pain

Stop Calculation — Hi IX, I was just wondering how you calculated the 500pt stop you use on a trending 4Hr timeframe. I dont disagree, you need wriggle room but am just interested. Regards Steve

How you place your stop loss?

Question regarding trend direction of the market. — Hi Guys, I am trying to follow this thread and get rid of the indicators (and am having some success) but I have a question regarding the trend identification. It says early on if the price ...

Jacko's Forex House of Pleasure and Pain

Round Numbers — Thanks Eirron and Delfino, What I dont understand is if the price increases to say 1.4300 and get to 1.4312 at what point do you say "This is a false breakout and will retrace" or "This is going to continue to what ever". This ...

Jacko's Forex House of Pleasure and Pain