Difficult for me to get my head around — Hi Jacko, Here is an area of your trading style where I have difficulties: You are currently a seller if price drops to 1.3788, but a buyer if it drops to 1.3750. Now I could understand that if 1.3788 ...

Jacko's Forex House of Pleasure and Pain

What a difference 12 hrs makes — Hi Jacko, Less than 12 hrs later, after hardly any change in price you were confident enough to say that 1.3700 looks a good entry. After you say that, the Euro heads south a while, changes direction and heads ...

Jacko's Forex House of Pleasure and Pain

So all is clear again - for now at least. — Hi Jacko, Many thanks for clearing that up and also that the AH only applies to losing trades - I had that bit all wrong. I guess we look at a simple system and can't quite beieve it - so we start to ...

Jacko's Forex House of Pleasure and Pain

Am I missing something? — Hi, Sorry to be so late to the thread. Anyhow I do not understand what you are doing. FX is a 24hrs 5 1/2 days per week market - right? So why exit at the close , to then re-enter at the open (about 1 second later - ...

Two-Stroke System (Mechanical Price Action +300 pips per month)

But, if so..... — Hi, If this report were true then surely the Dow would have dropped like a stone today - yet it has not. Go figure! Ian

james16 Chart Thread

A PB or no PB? - What do you do about it? — Question for SL, Jim, Mike or other experienced guys: How do you handle the situation where in volatile conditions, different brokers show different PBs etc. ? Is there a recommended close time for ...

james16 Chart Thread

Cable not a PB — Hi Lava, Nice work, but the reason that Cable was not a PB is that the close is far too high. It is more like halfway up the bar rather than in the lower 1/3rd. Hope this helps you recognise them, Ian

james16 Chart Thread

Wow - Awesome! — You are truely awesome. For that to work you either need to be very active, or have a big LLOOONG trend. Sounds rather like Jacko - but I don't recall seeing you in his thread. Ian

james16 Chart Thread

Wiz - Hows your bad thing ? — Hi Wiz, You nearly had me doing a bad thing last night by posting your Bund trade. It looked so good to me that i nearly took it. However my Spreadbet company's platform was not up to the task at that time. ...

james16 Chart Thread

Thanks JoshDance and PeterFM — Thanks guys. Who knows, one day I may understand all this stuff. And I used to work in IT - databases though. Ian

james16 Chart Thread

test using JoshDance method of posting a picture — Did it work?

james16 Chart Thread

2nd attempt at posting my eurusd chart — image Magic! My thanks to you Mr Demark

james16 Chart Thread

2-day pin bar — Anyway, what I have for 27July is O 1.3744 H 1.3751 L 1.3625 C 1.3631 and for 31 July O 1.3616 H 1.3705 L 1.3607 C 1.3694 I don't get a bar over the weekend.

james16 Chart Thread

EurUsd — Hi Mimas, It just shows what a difference the server makes to the daily bar. I will try to post a picture of what I see, never done this before so might not work. image Hm, exactly how does one post a chart?

james16 Chart Thread

2 answers — Hi brxxt, Answers to your questions. Note that the answers are based upon Jacko's normal trading method - not his long-term buy/hold (which is really just longer-term). 1. Yes, he uses a 50 pip trailing stop for the EURUSD (note ...

Jacko's Forex House of Pleasure and Pain

Clarification on bounce off Fib /Round number — Hi brxxt, Your interpretation of what I said in my post is not complete. I beleive that Jacko always waits for allows for the Fib/round number to be penetrated (to the down side if taking a long) ...

Jacko's Forex House of Pleasure and Pain

EURUSD - almost a 2day PB — Hi , Has anyone seen/taken the almost 2-day PB on the EURUSD? I make it 10 pips short on the close (for my broker at 5PM EST) of having open & close in the 1/3 of the bar. But it just pokes through the support ...

james16 Chart Thread

It is so simple - that it is why it isn't easy! — I can't claim any great success, but the system is very simple IMHO: 1. Trade only very trending markets i.e. EURUSD 2. Trade only with the long term trend. About 300 days, or use ...

Jacko's Forex House of Pleasure and Pain

Which level to try long again — Hi, I would buy at 1.3550 and use Anti-hedging. That is if it gets that low - have just bought at 1.3650. Ian

Jacko's Forex House of Pleasure and Pain

My opinion — Hi Zunk, I am no expert, but will give you my opinion. But firstly, remember that the shorter the timeframe the less reliable the PIN Bars and other PA formations are - so 4hrs is pushing it for a novice. Also you are not taking ...

james16 Chart Thread