Jacko's Forex House of Pleasure and Pain | Page 156 | Forex Factory

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Jacko's Forex House of Pleasure and Pain

  • #3,101
  • Apr 21, 2008 3:10am Apr 21, 2008 3:10am
Quoting shadowninja
Currently in with an AH from Friday afternoon, 55 pip TSL (because I'm too lazy to set a customised stop of 50 ). 122 pips profit at the mo.

Just noticed the spike down through 15800 just missed my stop by 1 pip. So being lazy is the way forward.
WOW nice work. I got in at 5850 so I am up a small amount. I have my TSL at 50 so I will see if it can do its job but 1 pip sure does make it worth it m8
  • #3,102
  • Apr 21, 2008 4:44am Apr 21, 2008 4:44am
Overnight my buy order triggered @ 5815 for 2 lots. Not sure what is next, but will just trade what is seen. Not much reason to expect any new USD strength, but for the EURO not sure what is ahead for that either. From my reading over the weekend there are some that seen the BULL RUN for the EURO is coming to an end. The 5700 ZONE did offer a nice quick bounce & the 5850 has held so far, so there just POSSIBLY COULD BE CHANCE THE 1.6000 prints. The 4H, Daily & Weekly are all showing upside strength, but only time will tell.

If another test of the 5850 level is seen & it holds as support, then more upside is very possible & even to 1.6000 is not out of the questions.

Best trades to ALL this week.

AceTrader
  • #3,103
  • Apr 21, 2008 5:09am Apr 21, 2008 5:09am
Quoting acetrader
Overnight my buy order triggered @ 5815 for 2 lots. Not sure what is next, but will just trade what is seen. Not much reason to expect any new USD strength, but for the EURO not sure what is ahead for that either. From my reading over the weekend there are some that seen the BULL RUN for the EURO is coming to an end. The 5700 ZONE did offer a nice quick bounce & the 5850 has held so far, so there just POSSIBLY COULD BE CHANCE THE 1.6000 prints. The 4H, Daily & Weekly are all showing upside strength, but only time will tell.

If another test of the 5850 level is seen & it holds as support, then more upside is very possible & even to 1.6000 is not out of the questions.

Best trades to ALL this week.

AceTrader
What will we ever do then?!!I guess start selling the eur!!!!
  • #3,104
  • Apr 21, 2008 5:10am Apr 21, 2008 5:10am
I grabbed another position at 5847 when it stalled there on the way down. I can admit this is possibly over trading. I must be more patient.
  • #3,105
  • Apr 21, 2008 5:26am Apr 21, 2008 5:26am
jlmac27

I would like to start the sell process from the 1.6000+ level when we do & I am set for that action when the time is correct.

We COULD see another attack @ the 1.6000 level & if that fails, WELL more downside would be next. When we see 5900 becoming support, then I will feel much better about the up trend staying intact. Time will tell.

AceTrader
  • #3,106
  • Apr 21, 2008 5:54am Apr 21, 2008 5:54am
Quoting takeprofit
I grabbed another position at 5847 when it stalled there on the way down. I can admit this is possibly over trading. I must be more patient.
Closed manually at 5897. I expect some resistance here. Profit 50 points.
  • #3,107
  • Apr 21, 2008 6:32am Apr 21, 2008 6:32am
i have a free trade with another 20 sweet pips locked in
  • #3,108
  • Apr 21, 2008 6:57am Apr 21, 2008 6:57am
Quoting acetrader
jlmac27

I would like to start the sell process from the 1.6000+ level when we do & I am set for that action when the time is correct.

We COULD see another attack @ the 1.6000 level & if that fails, WELL more downside would be next. When we see 5900 becoming support, then I will feel much better about the up trend staying intact. Time will tell.
I wouldn't mind it bouncing in a 300 pip channel.
The market reveals who we really are...
  • #3,109
  • Apr 21, 2008 7:39am Apr 21, 2008 7:39am
Well Got in at 159.15,wanted to be in sooner but missed,O'well this will work as well.
  • #3,110
  • Apr 21, 2008 7:39am Apr 21, 2008 7:39am
Wowsers (as Inspector Gadget might say). 170 pips profit at mo.
The market reveals who we really are...
  • #3,111
  • Apr 21, 2008 7:45am Apr 21, 2008 7:45am
would still be in my earlier trade if Oanda had a trailing stop.I guess take it 50 pips at a time then..nice job shadowninja!
  • #3,112
  • Apr 21, 2008 8:59am Apr 21, 2008 8:59am
Thanks. I blame Jacko.

BTW I don't see why you are not in your trade still. Please explain?
The market reveals who we really are...
  • #3,113
  • Apr 21, 2008 9:27am Apr 21, 2008 9:27am
Quoting forexmoments
Holding over the weekend eh, brave man.
Just because last weekend was a wild one doesn't mean they all are.......
Same Whore .... Different Dress
  • #3,114
  • Apr 21, 2008 9:47am Apr 21, 2008 9:47am
Quoting johnedoe
Just because last weekend was a wild one doesn't mean they all are.......
Yep, I can't remember the last time it gapped 150 pips.
The market reveals who we really are...
  • #3,115
  • Apr 21, 2008 9:53am Apr 21, 2008 9:53am
Last week I lost two of my heroic soldiers at 5800 and 5825, each of them with 100 pips of blood. They returned to battle on Friday and today they rewarded themselves with 137 and 112 pips respectively, which would mean a net of 49 pips of blood as a surplus. Apart from these resurrections I entered as a lot of you at 1.5750 , which gave me today 187 pips after ejecting at 1.5937. Total gain would be 236 pips. Since I can't be at my puter at this time, I closed all my positions at 1.5937. Jacko is alive!
  • #3,116
  • Apr 21, 2008 9:59am Apr 21, 2008 9:59am
Quoting milan47
Last week I lost two of my heroic soldiers at 5800 and 5825, each of them with 100 pips of blood. They returned to battle on Friday and today they rewarded themselves with 137 and 112 pips respectively, which would mean a net of 49 pips of blood as a surplus. Apart from these resurrections I entered as a lot of you at 1.5750 , which gave me today 187 pips after ejecting at 1.5937. Total gain would be 236 pips. Since I can't be at my puter at this time, I closed all my positions at 1.5937. Jacko is alive!
lol. Nice trading there Milan. You make it sound like you're playing a video game :
  • #3,117
  • Apr 21, 2008 10:08am Apr 21, 2008 10:08am
Hello shadowninja,Oanda doesn't offer a trailing stop as a platform feature.So I have to manually trail my stops and sometimes I am not around to do so.So that is why I am basically 50 pips at a time.I open a trade and set my stoploss for 50 pips and my target for 50 pips.Unless I hear differently on 100 SL,I thought someone had said that back in the thread(but was suppose to be hush hush of it)
  • #3,118
  • Apr 21, 2008 10:12am Apr 21, 2008 10:12am
Quoting jlmac27
Hello shadowninja,Oanda doesn't offer a trailing stop as a platform feature.So I have to manually trail my stops and sometimes I am not around to do so.So that is why I am basically 50 pips at a time.I open a trade and set my stoploss for 50 pips and my target for 50 pips.Unless I hear differently on 100 SL,I thought someone had said that back in the thread(but was suppose to be hush hush of it)
Why are you setting a TP at 50 pip? you are limiting yourself.
As to TSL, even Jacko manually moves his. I trade at Oanda also and I check in a few times a day and reset my stops then, no big deal.
Same Whore .... Different Dress
  • #3,119
  • Apr 21, 2008 10:37am Apr 21, 2008 10:37am
Thank you Zoop. Unfortunately just like any other video games is has became an addiction and I am still overtrading. I am in process of designing a program which makes my monitor to throw up after x amount of hours .


Quoting zoopy
lol. Nice trading there Milan. You make it sound like you're playing a video game :
  • #3,120
  • Apr 21, 2008 10:47am Apr 21, 2008 10:47am
Quoting shadowninja
Yep, I can't remember the last time it gapped 150 pips.
The weekend that British scientist showed up dead,the one that was going to blow the whistle on Blair and Iraq (they said it was suicide...yea right)...the GBP gapped over 150 pips on Monday morning and closed the gap a few hours later.

That's the last time I remember.
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