DislikedGreetings doberman. If you want to know more about how to trade Jacko's methods, please see my post above to James Cole.
(FYI, going short is not one of Jacko's rules.)Ignored
Doberman, whilst I do not question peoples methods, this, as with many other threads, is here for people to learn from. Hence comments like just go short for 20 till you go long is both lacking any technical or fundamental reasoning for the trade and will most of the time just yield negative pips. If people want to post there trades, please include reasoning for why. There are too many people who read threads that are successful and believe that everything someone may write is correct.
Whilst we are at it. We have broken the 50% retracement (1.6037 on 15/7 to 1.5302 on 13/6)/ the low has been previous S/R a number of times and on the daily we look to have a doji which if closes above todays open with be a key reversal set up aswell. I will be a buyer of longs provided it does close above the open of today and my target buy will be 1.5710 ( i like it to travel above the psycological levels a bit).
Please remember, whilst comments on threads are designed to help out, you need to conduct your own technical and fundamental analysis to help work out buy/sell areas and SL and TP margins.
Take care all happy trading