One problem with cheap coffee — Hi Wiz, One problem with the cheap coffee. It is obviously a misquote and therfore under (at least my broker's) terms and conditions any attempt to trade it is invalid and will be reversed once they realise. ...

james16 Chart Thread

The counter-trend strategy is not described. — Hi avus, The counter-trend strategy was designed in conjuction with Jacko's friend Mark - who does not wish to share it. Ian

Jacko's Forex House of Pleasure and Pain

You have got to be kidding — Hi Findcount, The whole idea of only picking very trending pairs and only trading with the trend is so that profits can be much larger than the 50 pips (or whatever) used fro the trailing stop. I have had several ...

Jacko's P&P Trend Trading Method

My position- but i'm no expert — Hi, I only use strictly Jacko and James16 PA on this pair - no Fozzie. Was undecided whilst it was in the range, especially after reading Jacko on Newbie's shorts and that he thought 1.40 was a good buying ...

Jacko's P&P Trend Trading Method

Wow, market rythm. But there is a more easily seen reason. — [quote=the_wizard;1632646]In the circled area you have a failed pin bar at triple top (daily). The reason I thought this would fail is due to my experiences with the natural rhythm ...

james16 Chart Thread

audusd DBHLC — Hi Saskgui, It doesn't show as a Double High on my chart (different timezone/broker), but yes you could play it to the downside. For: Recent dollar bullishness, decent looking (possible) highest high in last 10 years. Against: ...

james16 Chart Thread

The swing high was a doji or neutral bar in my opinion not Pin Bar — Hi Saskgui, On my chart (from IBFX) the swing high bar has open and close the same with the high 18 pips up from open and the low 16 pips down from open. These values are too ...

james16 Chart Thread

We are talking about 2 different things here — Hi Seeking, I think we have a misunderstanding here. The chart that Saskgui posted was a Daily EG chart showing a PB in light traffic, which according to the buy line he took before it broke. That ...

james16 Chart Thread

Looks like it is working out, but .... — Hi Saskgui, It looks like your trade is working out OK so far. I don't want to criticize, but since your post is in the James16 chart thread, then I assume you consider the trade to be a James16 PA type ...

james16 Chart Thread

I'm pleased to hear it — Hi, I was concerned in case either you, or some newbie reading your post, though that Jacko's AH could just be applied blindly. I now see from your reply that you are far too experienced to make that mistake. Though ...

james16 Chart Thread

Unforseen - Would you really use Jacko AH on GJ 4hr? — Hi Unforseen, Ay first I thought Unforseen has it sussed - having a plan and also a another plan should the first plan fail. (I wish that I would always do that before entering a trade, ...

james16 Chart Thread

I vote for C — Hi Wiz, In the larger run of things - C is more meaningful. Take care - I mean really take care ! Ian

james16 Chart Thread

Anti-Hedging only works if you are WITH trend not against — Hi, In theory the A-H works for shorts the same as for longs. BUT they must be with the long term trend - because it relies upon a trend resumption ( i.e. 50 pips {for the E/U } ...

Jacko's Forex House of Pleasure and Pain

GBPCHF: Do't you need 3 points for a Trend Line? — Hi Mimas, I don't see much there - and don't you need 3 low points to draw in your trend line? Ian

james16 Chart Thread

Goldman says dollar may fall - now i'm concerned! — Hi, I would have felt more confident on the Euro rising, if GS had kept their 3 to 6 month target back ast 1.35 Ian

Jacko's Forex House of Pleasure and Pain

Congratulations — Hi Raz, Congratulations on joining the PF. I think that everyone who is serious about PA should at least try the PF for a month. Well done on the trades, is your SL to BE yet? I must admit that I saw both trades but took ...

james16 Chart Thread

Question re S/L — Hi Mamutot. Congratulations on your log, i wish I had the time/guts to do the same. I have a question about the S/L you specify for this trade. You siad earlier that you were using the MBQB11 2B exit strategy. Surely on a ...

Mamutot's Trading Journal

Thanks for the thread - exits are my biggest problem, (I think?) — Hi Peter, Thanks for the thread, I have now read it through 3 times and found more each time. You say that exits are not your weak area now. May I ask what you eventually ...

Mathematician's help needed...

Thanks, there is no need to post at time of trade — A big to THANKS to you Jacko, It does not matter if the post is well after the trade. Nobody can doubt your read the market after the posts around the time of the last top. I would hope that ...

Jacko's Forex House of Pleasure and Pain

For and against — Hi Tiki, For : It is at a price extreme in clear space. Against: Be careful - S/R just above Pin high, then significant MA above that and Fib 61.8% above that. I think I will risk it when it breaks the S/R. Good pipping, Ian

james16 Chart Thread