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- BarryPips replied Sep 5, 2008
Summary of Jacko's concepts — Please check out this link: url Barry
- BarryPips replied Jul 7, 2008
I was bad — See... THAT's why I need to trade with Jacko (and am signed up). I really should have waited for the V on the daily bar. Somehow when todays bar was forming, I got sucked in. See what they mean about patience. But I am going to ...
- BarryPips replied Jul 7, 2008
Changed my mind, aaargh — I just bought at 1.5729 with approx 100 pip SL. We'll see what happens. (Now that I'm long, the trend is probably will reverse to downward.) Barry
- BarryPips replied Jul 7, 2008
Chart on 2008 July 07 — Hi: I am posting this chart of EURUSD daily. Here's what I see, but I'm a newbie and would appreciate criticism. Trendline C. This is the current daily trendline, that the July 07 bar is falling under. Note the ...
- BarryPips replied Jul 7, 2008
What a jerk I am — I cancelled the pending order quoted above. I was being stupid, looking at the 1 hour chart. I realize now that I should first look at the daily chart. I (being conservative) am looking for something like a V formation and ...
- BarryPips replied Jul 7, 2008
A conservative buy stop — Hi: I see some resistance at 1.5683. Being conservative in trading (even for a demo) I put on a buy stop at 1.5685, with a 100 pip SL. We'll see what happens... Barry
- BarryPips replied Jul 4, 2008
aaargh Buy Limit? — Newbie here. Many of you speak of using a buy limit order to get into a trade (long). This means that your broker will buy the currency if the price is at your limit level or below. Thus you are trying to catch a ...
- BarryPips replied Jul 3, 2008
Updated, Cleaner Version of Jacko.pdf — Hi: I have cleaned up, re-organized, and re-did the Jacko pdf. It's much easier to read than the earlier version that I did. Please note that if you show "bookmarks" in your pdf reader program (Foxit, ...
- BarryPips replied Jul 3, 2008
AAArrrgh! Trade is setting up — Price is right at 1.5700 and stalling there. I really want to put a buy stop at about 1.5728 (just above a -- poorly drawn -- resistance line). BUT: Tomorrow the US market won't be open, Trichet (spelling?) ...
- BarryPips replied Jul 3, 2008
Hail Mary on today's EUR/USD — Lou: The HM did take me into uncharted territory. When I awoke, it was just barely above the price (almost got hit), so I moved it about 200 pips up (I had trouble turning it off---MT4 wouldn't seem to accept ...
- BarryPips replied Jul 2, 2008
Hail Mary Take Profit; or, What Do You Do at Night? — In football (US style), the "Hail Mary" pass is a pass made when all looks hopeless...the quarterback has nothing else to do with the ball so he/she throws it wildly at any member of the ...
- BarryPips replied Jul 2, 2008
Entries — Jacko tells us that entries are based on a retracement, often at what I call a signal level (see a few posts ago). How do we analyze that retracement? There are several price-action-only methods, such as the 1-2-3 move. However, I ...
- BarryPips replied Jul 2, 2008
I can't help myself — Hi: I'm about 90 pips up on my trade. I moved my stop to be a 3-bar Gann stop on the 1 hour bar. My SL is at 1.5845. Price is at 1.5879. I apologize...I'm weak and cannot deal with a 50 pip trailing stop when things look ...
- BarryPips replied Jul 2, 2008
Thoughts on Anti-Hediging and other trades — The Anti-Hedging (A-H) Strategy I think that the A-H Strategy is excellent, and could provide even more benefit to traders. It is a signal that things are not as they should be. There was some ...
- BarryPips replied Jul 2, 2008
My view of Round Numbers, Fibonacci levels, and S/R — Fibonacci Lines and Round Numbers These are not magical. They are places where a large group of professional traders view as goals. They are a self-fulfilling prophesy. Jacko uses only the ...
- BarryPips replied Jul 2, 2008
Sorry, posting trade data — Hi: My EUR/USD trade of a few posts ago was up about 85 pips. Being (insert whatever I am) I moved the TSL to 50 pips below that price. Hopefully today I will get some time to clean up the document I posted. I ...
- BarryPips replied Jul 1, 2008
Trichet — Trichet's speech is on Saturday, July 5. Thursday will be the NFP report. My birthday (64 years old) is on Sunday. It's a .01 lot on a demo trade. Bring 'em on Actually I'll probably be out by the time the NFP hits, or stopped out ...
- BarryPips replied Jul 1, 2008
I'm in, after a lot of reading here! — Hi: I'm long at 1 July at 1.5786. 100 pip original S/L, which I moved up to 1.5699 when the price went up. I've read all the posts on this thread, and have compiled Jacko's original words, later words, ...
- BarryPips replied Jun 28, 2008
Quick Question on Trend-Spotting — Hi: I am up to about post 980 on this thread. Excellent. In earlier posts, everyone seemed to agree that in order to determine the trend you had to view it for 300 bars. Thus if one is trading the daily bars, ...
- BarryPips replied Jun 27, 2008
Thank you — Excellent, just what I wanted. Thanks to all and to Forex Factory which is great! Barry