Pipmutt, You have been correctly identified as a troll. And I learnt long ago to never argue with trolls....They drag you down to their level of stupidity and beat you with experience. Reading some of your posts indicates to me that you are not even ...

Forex Mentors - The Best Investment You Can Make?

Hi garrye, I agree that it will be nice when the trend returns (which should not be very long). However, we are traders and when the market is Ranging like it has been recently, we have to adapt and be pragmatic in order to squeeze some dollars out ...

Jacko's Forex House of Pleasure and Pain

Hi John The flu put up a good fight but I eventually drowned the sucker with the third bottle of brandy. (for medicinal purposes only) .

Jacko's Forex House of Pleasure and Pain

Thats because I have never had them... I take it that you have vast experience in these matters

Jacko's Forex House of Pleasure and Pain

This is just a quick note to thank everyone on this thread who has been so kind in their words about me and the effects of the mentoring process for them. I appreciate your support and encouragement. We have developed a fine group of serious and ...

Forex Mentors - The Best Investment You Can Make?

I am not sure what I have done to be worthy of being placed in a Hall of Fame, but I thank everyone for doing whatever they have done to place me in it. The only concern I have is that Halls of Fame are usually for deceased people , aren't they??? ...

Forex Factory Hall Of Fame

Hi egkid I am very well. Thank you. I may not post here very often but I am always popping in just to have a look to see that the thread is being kept on track. Even though I don't post here very often the members of the private trading group have a ...

Jacko's Forex House of Pleasure and Pain

As stated above, I don't use 40/50 pips SLs at the moment because of the 300+% increase in volatility. The volatility has made it more difficult, but traders need to learn to adapt to the changed circumstances. And if you were going to trade, you ...

Jacko's Forex House of Pleasure and Pain

Hi mirage_prof Firstly, they are not counter trend trades and I am not trading against the trend. The current trend on the 4H charts is DOWN. If you look at the 4H chart the rising Support line from 1.2963 (April 28) and 1.3804 (June 8) and 1.3934 ...

Jacko's Forex House of Pleasure and Pain

As a follow on to the previous post , Prior to August last year it was extremely rare to see a daily trading range (ATR) of more than 200 pips (and an ATR of 120 to 150 pips was the norm). On June 4 this month the daily ATR was 334 pips. .. As ...

Jacko's Forex House of Pleasure and Pain

It is 100 pips. It was changed early in the year when the Great Financial Crisis (GFC) was causing unprecedented volatility in the forex markets. The volatility had increased to 300+% on the previous years so it was pragmatic to adjust the TSL so ...

Jacko's Forex House of Pleasure and Pain

Hi all, In answer to the above question, I read the various threads on the Forum (not just this one, though it is my favourite ..LOL) on a regular basis. However I prefer to see the members of the group using their expanded knowledge , experience ...

Jacko's Forex House of Pleasure and Pain

Hi RickyRudy Good work. You and Jpnek both walked away with some good pips. . Jacko

Jacko's Forex House of Pleasure and Pain

Hi Jpnek If you went long at .3900 and your S/L was hit at .3800, you should wait for PA to go at least 50 pips past your S/L (.3750) before placing your Buy Stop order again at 1.3800. . Jacko

Jacko's Forex House of Pleasure and Pain

Hi Paul88 1. The A-H strategy is on the frst page of the thread here 2. "let say entry on 3900 and put Stop Loss 3800 and also put a buy limit at 3800 ??" NO...this is a Stop and Reverse strategy. ... it is completely different from the A-H ...

Jacko's Forex House of Pleasure and Pain

Hi Jpnek You too. Excellent trading. You have minimized your potential loss and you have a free trade running. . Jacko

Jacko's Forex House of Pleasure and Pain

Hi RickyRudy Excellent trading. You have minimized your potential loss and you have a free trade running. . Jacko

Jacko's Forex House of Pleasure and Pain

Looks like the "Geithner effect" has now been factored in by the market.... . Jacko

Jacko's Forex House of Pleasure and Pain

Market has dropped to 1.3862....Has Geithner decided to be a no-show????...LOL

Jacko's Forex House of Pleasure and Pain

Hi RR I just saw it...I am answering the emails now . Jacko

Jacko's Forex House of Pleasure and Pain