A little good fortune is always appreciated. Last Friday I placed a pending buy order at 1.3970 when price was some where around 1.3880. Then a little later I was able to place a pending buy stop at 1.3920 just before NY close and just before I ...

Jacko's Forex House of Pleasure and Pain

Fiber is at 1.4002 as I type. I'm in the airport and have placed a pending Buy Stop order at 1.4070 with a 100 pip SL. It's not the best bargain price but the +/- 70 pips from current market price gives me some breathing room. I still have about an ...

Jacko's Forex House of Pleasure and Pain

I feel you on that. However, it's not so simple for me. I board a plane this afternoon NY time to go out of the country for the weekend. I don't return until about 6:30 PM NY time. I am unsure about Internet available where I am going because I'll ...

Jacko's Forex House of Pleasure and Pain

Not that I am going to trade the retracement, but I wonder if this thing will get below 1.4000 and maybe as low as say 1.3950/1.3900 before trading is done for the week? I'm gonna get my popcorn.

Jacko's Forex House of Pleasure and Pain

WOW!!!! What a NFP ride. Things are starting to work itself out. Patience...

Jacko's Forex House of Pleasure and Pain

Yeah, I was thinking the same way at the time. The parts of your quote I put in bold are exactly how I felt and how I look at the NFP. I ABSOLUTELY REFUSE to trade the NFP.

Jacko's Forex House of Pleasure and Pain

Remember that the market has become considerably more volatile since Jacko was posting on that site. Notice he was only using a 50 pip SL and TSL at that time. He has since changed them to 100 pips due to the increased volatility that started last ...

Jacko's Forex House of Pleasure and Pain

^^^ I might add, somehow I feel content with my decision.

Jacko's Forex House of Pleasure and Pain

Your entry might NOT be a bad one. I might have been a bit too conservative waiting for a move just below the 50% fib. That move didn't come as price technically fell about 5 pips short of the 50%. Being that it was news time when it took place, I ...

Jacko's Forex House of Pleasure and Pain

So who is else is in and who is waiting on the sidelines with me? Low, what are 140.20 and 136.00? The range between yesterday and today is 1.4337 and 1.4070 I don't understand 140.20 and 136.00, because EURUSD isn't quoted as such?

Jacko's Forex House of Pleasure and Pain

YIKES!!! This thing just shot back up to 1.4125 after going to within 5 pips of the 50% retracement, LOL! Somebody is playing a cruel joke on us. With news coming in another 20-minutes I'm playing it safe.

Jacko's Forex House of Pleasure and Pain

HORAAYYY, IT BROKE THE 1.4100/1.1425 ZONE!!!! Congrats on the small gain Markmm

Jacko's Forex House of Pleasure and Pain

That doesn't seem like news to me. More like the observation followed by the opinion of some group. It's almost as good as the opinion of anyone posting on this board.

Jacko's Forex House of Pleasure and Pain

I'm gonna be conservative by not taking a bounce off 1.4125/1.4100. I'm still waiting, hoping it goes below 1.4100. I sure hope that Hungarian trader is right.

Jacko's Forex House of Pleasure and Pain

Alright, I'm starting to like this. It's in the 1.4125 zone, let's see if it gets South of 1.4100 this time. The target is still 1.4065 but 1.4100 could be tough to penetrate says me...patience (and keeping fingers crossed). And about my post ...

Jacko's Forex House of Pleasure and Pain

I personally wouldn’t just enter on ANY round number like I’ve seen suggested by someone. That just seems too risky since the pair could turn around at any time without warning. I’ve observed something with EURUSD that might be unproven but seems to ...

Jacko's Forex House of Pleasure and Pain

AMAZING results Dan. Thoroughly impressed. Was May your best month using this method? If it isn't what were your best and worst months from a total number of pips standpoint? I figure you might have this committed to memory instead of me having to ...

DanUK Simple EUR/USD Trading Journal 2009

I'm going out on a limb again and say that we might not see a significant retracement until the 1.4380 to 1.4410 area. By then the 50% retracement target will be in the 1.4100 to 1.4125 area. At least start paying attention if this thing hits ...

Jacko's Forex House of Pleasure and Pain

Hey epilogue, I want to send you a PM but for some reason you're not able to receive PMs. If you're still reading this thread send me a PM to let me know how I can contact you with my question. Thanks.

Jacko's Forex House of Pleasure and Pain

You have to join his group to get his calls. I'm part of his group but I don't share his calls. I don't want to undermine what he is doing. Interestingly enough, those in his group were able to capitalize on the bull run this morning while others ...

Jacko's Forex House of Pleasure and Pain