DislikedEvery time I read this thread I wonder how genius Jacko is (no sarcasm at all!). Even when strongly trending EURUSD is extremely hard to profit with a trailing stop of only 50 pips and without fixed take profits. Really, I tried for weeks months and months (if not years) of manual back testing of this strategy and was never able to make any profit at all. You must have a near perfect instinct of market timing to get in exactly when a trailing stop of 50 pips will not put you out even before getting to break even, let alone to get some profit.
My most sincere congratulations goes to Jacko and all the people who have mastered this system. You have perfect market timing.Ignored
sorry to hear you are having issues, there is an EA for jacko's method for MT4, i back tested this and found it to be very profitable indeed.
purhaps your problem is entry points.
I would suggest that you clean a chart of and start a fresh page - add the fibs for the last 3 major moves and 2 trend lines, then sit back and take a look at the big picture.
this method works and it's real easy too.
patcience is the key, one trade a week and you doing well to start with.
post your problems, i'm sure others will be glad to help you understand this method of trading.