My buy limit has not been triggered. Will look and see where to get in.
![](https://resources.faireconomy.media/images/emojis/64/1f60e.png?v=15.1)
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
Disliked...
I don't want to appear trying to over post, but I just enjoy this method so much & it is so simple & concise that I guess I forgot how much I am posting.
...Ignored
DislikedOcean,
Thanks for those kind words & I value your post as well.
AceIgnored
DislikedSome posts seem to say the approach is to watch for the retracement and when the trend re-establishes itself and is confirmed then place the order. I suspect this is all in ones own view of the style but would be interested in some more expericned views on the rights and wrongs of each approach.Ignored
DislikedHello All
First time poster so be gentle! I have been through this great thread a couple of times and have even made 3 live trades using the principles as I have understood them. Very small money at the moment but thought better to win/lose some real money than make $$$$$$ in a virtual world. One question still has me a little confused. I cannot monitor the markets all day so currently I look for 50% retracements, 00 numbers, support areas below the current price and place a buy limit there, in the hope that the price retraces to this point and not to far beyond. Some posts seem to say the approach is to watch for the retracement and when the trend re-establishes itself and is confirmed then place the order. I suspect this is all in ones own view of the style but would be interested in some more expericned views on the rights and wrongs of each approach.Ignored
DislikedHi Lesterthecat,
Glad to welcome new member of this thread
I think both approaches are valid, it is up to you which one fits you best. I personally put a buy limit below the price when I feel there will be a smaller retracement, and wait for a confirmation if a larger one has developed. Everything is up to you. You must feel comfortable with the method otherwise you won't apply it.
OceanIgnored
DislikedHi Ocean
Thanks for the comments and the welcome. I share the many posts praising the forum and this thread in particular for its support and information to newbies like myself. I too went through the indicator journey when I started looking into trading but fortunately 'saw the light' and ditched them all in favour of the KISS approach. So far 2 out of 3 wins (1 using the AH) and currently long from 1.57. The loss was yesterday when I should have thought more about having an unattended buy limit on a news day. I will learn!Ignored
DislikedSome posts seem to say the approach is to watch for the retracement and when the trend re-establishes itself and is confirmed then place the order. I suspect this is all in ones own view of the style but would be interested in some more expericned views on the rights and wrongs of each approach.Ignored
Dislikedlower highs and lower lows on my charts. i still believe in the overall uptrent, but I'm curious when this retracement will end. what do you guys think of TEBS worlds simplist system? personally, i'll look for higher lows to confirm price is bouncing back up... but patience is key. what price indications would jacko use to find an entry point when price starts climbing again? and what would be his starting point for the 50% fib retracement level??
ps. i love this thread.Ignored
DislikedIt looks to me that 1.557 is the 50% area.....But I could be and probably am WRONGGGGG
Ignored
DislikedI have a high of 5858, and a low of 5283...... 50% = 5570
ooops yea I don't have the early sunday candle showing....... and with that in mind you are correct...
See I told you I was probably WRONGGGG....Ignored
Dislikedit was the asian session high of 1.5904 on monday that i took the high from, i suppose each roker has a different time of opening and this must affect weekend and monday start candles, you might have the better point of entry at 5570.
would be nice if we can get it.Ignored