That spike up took me out of my short. Am getting ready to try Jacko's AH strategy for the first time.
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Chicky's House of Pleasure and Pain 11 replies
Carry Backet w/ Jacko's AH 10 replies
Hello Guys is a pleasure to be here. I'm new to MT4 1 reply
Jacko's P&P Trend Trading Method 73 replies
DislikedI went Long at 1.3658.
Looking good so far, next resistance 1.38
Cheers
OgeidIgnored
DislikedHi,
Yes the current trend is down. I can't see any reason to buy E/U at the moment, so I think the best advice to a newb would be to watch for a retrace to go short.
If you must go long, please wait for confirmation that the trend has changed... don't go jumping the gun!
Regards,
DanIgnored
DislikedMissed the 21:00 candle when I was taking the kids to school. On reflection, a stop order under 1.36 would have been a good idea. Currently short from 1.34946... Lets see how it plays out...Ignored
DislikedLOL....how true....all these Longs and Shorts are messing with my Profits
I wish you guys success, wheter you're long or short....Ignored
DislikedYes that is true of course!!
The thing to remember though is that 95% of retail traders fail because they are trying to pick turning points (tops/bottoms) in the market. The big boys and those that succeed are (mostly) the ones who are happy to accept that a trend is in place and are willing to take advantage of it!
Regards,
DanIgnored
DislikedI see some people are long (seeing this down move as a big retrace) and looking for this to go back to 1.4000 and some of you are getting short at this (late?) level, looking for this to go as far as 1.2700.....
What am I missing?
Also, has Jacko gone missing? No posts from him.....
Greetings, wish you all a Great Weekend...Ignored