Aggressive trading... good luck . Jacko

Jacko's Forex House of Pleasure and Pain

Hi Simon Regarding your eagerness You just answered your own question..."i know there will be another soon enough" Regarding the retrace You sound like the pretty girl who just got asked to the Prom by the UGLIEST guy in the universe....Would you ...

Jacko's Forex House of Pleasure and Pain

Hi fxtrader29 I am impressed with the depth that you did with your research on me and my trades. I dont think anyone has done as much research and analysis of my trades as you have. I was reading your comments in the EUR/USD thread earlier. I am ...

Jacko's Forex House of Pleasure and Pain

Hi simoncs If I had crystal balls I would sit down ....very carefully I would not be a seller under 1.3000 (you will get stopped out if you do)...I would be a seller much higher than that....But I like a bargain . Jacko

Jacko's Forex House of Pleasure and Pain

Hi elcm It is nothing secret or exotic....I just look at the chart. The lows are higher and the highs are less high. ....then it starts to turn,... then the highs are lower and the lows are lower Don't look for something difficult or a special ...

Jacko's Forex House of Pleasure and Pain

I don't know...he didn't send me the list of his trades. But I have just sent him an email saying that I have posted some of his email and that there was question that he may (or may not) like to answer to help out a novice trader. . Jacko

Jacko's Forex House of Pleasure and Pain

Hi Bez3000 Patience is the hardest skill to learn. I am not sure if I have read that book though it looks like one that if I had seen it, I would have read it . Jacko

Jacko's Forex House of Pleasure and Pain

This is the first part of the email from the same trader....it is worth noting. His email is blue, my responses are in red Jacko - one the things that I have been doing that is new for me is recording my trading "thoughts and ideas" and decision ...

Jacko's Forex House of Pleasure and Pain

I am answering emails from the group at the moment and this one is one I have just answered not 2 minutes ago.....it relates to the answer above. The trader (who joined 2-3 weeks ago) words are in blue Regardless, since I started this I am up +443 ...

Jacko's Forex House of Pleasure and Pain

Hi bez 3000 A friend of mine is an ex-broker (of many years experience) and was a manager of large teams of brokers ....He tells me that he has never seen a scalper last more than 12 months as a full-time trader...the pressure is too intense, you ...

Jacko's Forex House of Pleasure and Pain

Hi shotshell Mark out the area of your chart where you expect the market to go and then wait for the market to reach that level. If it does not reach that level then wait for the next trade. If it does reach that level then I wait for a loss of ...

Jacko's Forex House of Pleasure and Pain

Hi Nanook Its like that for everyone. The 20/20 hindsight is a beautiful thing. . Jacko

Jacko's Forex House of Pleasure and Pain

Hi psneto, I think it would be better if you understood the strategy underneath the trade before you just looked at a chart of one or two trades. Have a read of the first page of the thread and it should be clear. If you still want to see luSans ...

Jacko's Forex House of Pleasure and Pain

Yes but people are now aware that this is not a localized problem anymore...It is a worldwide problem, so they are heading to the "safest" currency. The fact that the "safest" currency is based in the nation that caused the problem and is still an ...

EURUSD

No...the exact opposite... This is the flight to safety factor coming back ... Because there is a crisis that has NOT yet come to the notice of the media but the big traders know about it. . jacko

EURUSD

There is a crisis that has NOT yet come to the notice of the media but the big traders know about it. . Jacko

EURUSD

The whole isue of the recent changes to allow banks to mark-to market (mark the value of the debts to fantasy levels) shows that the Banks have once again done a number on the Govt. We will all see fantasy profits at all banks as they mark the value ...

EURUSD

Hi Billye Citi's profits are a sham. They announced a $1.6B profit for Jan-March 2009, but the figures include a $2.4B boost from a little known accounting adjustment under Financial Accounting Standards Board 's rule 159 which governs how banks ...

EURUSD

Hi Dan You are correct ...I home in using a top down approach...but the majority (98%) of my analysis is on my single prefered time frame (4H) In the case of Pipped, I needed to simplify his method of looking at his charts and just have him focused ...

Jacko's Forex House of Pleasure and Pain

It is a Friday and the market thins dramatically after lunch.... most senior traders (big traders) try to get out of NY for the weekends or start their social engagements Friday nights. Not worth the risk of being in after lunch on Fridays if you ...

Jacko's Forex House of Pleasure and Pain