Trading Aussie Jacko Style | Page 24 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

The ForexMick Trade Journal- Jacko style 198 replies

Trading Euro ONLY for Jacko Style traders 111 replies

theadam('s) Jacko style, Live trade journal. 5 replies

forexben's eurusd jacko style journal 7 replies

Jacko style trades (collective journal) 12 replies

Attachments: Trading Aussie Jacko Style
Exit Attachments

Trading Aussie Jacko Style

  • #461
  • Aug 26, 2008 3:12am Aug 26, 2008 3:12am
Quoting scyang
Raz,

What to do with AUDUSD? Just sitting out forever? No sign of this thing coming back up.
It may be time to start selling the rallies.... Will keep you posted, Raz
Never say never.
  • #462
  • Aug 26, 2008 3:13am Aug 26, 2008 3:13am
Quoting razldazl
It may be time to start selling the rallies.... Will keep you posted, Raz
I see there might be strategy change here finally. No more long. Change to short. Let me know. Thanks.
Expected the unexpected
  • #463
  • Aug 26, 2008 5:33am Aug 26, 2008 5:33am
Yeah, I went short this morning as I did last week too. The way the markets are these days I am looking to trade with the trend on a shorter time frame.
Rather than wait months for a resumption of the longer term uptrend.

I believe that it is a valid strategy, after all, in Jacko's original posts he states that one should pick the time frame to trade and see whether the chart slopes up or down to define the trend direction to trade.

I have to say that the daily analysis videos on PFXGLOBAL.com are a good way to start the day if you are like me and get up late.
  • #464
  • Aug 26, 2008 5:38am Aug 26, 2008 5:38am
Well needless to say i didn't get a signal to go long.

I've made do with the euro short though, because Aussie was past my signal when I looked at it today and it never pulled back.
  • #465
  • Aug 26, 2008 9:39am Aug 26, 2008 9:39am
Quoting pipprincess
Haha, yeah i gotta have cute charts - they're easier for me to read (it's true!) .

Have a nice weekend.

Not just me who uses pink instead of red, then. Peach Puff for bear candles and Pale Green for bull candles. Oh, wait a sec, you're a girl. Dammit.

The market reveals who we really are...
  • #466
  • Aug 26, 2008 10:56am Aug 26, 2008 10:56am
Ok,
bear with me folks, not used to shorting this pair so here goes, Im looking to short from 0.8600 if seen, Im tempted to take 0.8550 but I want to get a good price so I will wait...take care, Raz

haha@pink candles ShadowNinja...
Never say never.
  • #467
  • Aug 26, 2008 12:44pm Aug 26, 2008 12:44pm
Hey, don't laugh at me. It's not pink. It's a manly peach puff. Peach puff is a colour Chuck Norris would choose. That's how manly it is. Besides, it's not like I have pink cushions or candles. No, my scatter cushions are chocolate and green because that matches with the decor and the chocolate throw. And the candles are cream with buff coloured ribbons. So you don't need to doubt my manliness. Just thought I'd set you all right. Can't do anything about the amethyst and rose quartz crystals that I have scattered around the room, though.
















The market reveals who we really are...
  • #468
  • Aug 26, 2008 12:52pm Aug 26, 2008 12:52pm
Quoting shadowninja
Hey, don't laugh at me. It's not pink. It's a manly peach puff. Peach puff is a colour Chuck Norris would choose. That's how manly it is. Besides, it's not like I have pink cushions or candles. No, my scatter cushions are chocolate and green because that matches with the decor and the chocolate throw. And the candles are cream with buff coloured ribbons. So you don't need to doubt my manliness. Just thought I'd set you all right. Can't do anything about the amethyst and rose quartz crystals that I have scattered around the room, though.




















Never say never.
  • #469
  • Aug 26, 2008 1:27pm Aug 26, 2008 1:27pm
Quoting shadowninja
Hey, don't laugh at me. It's not pink. It's a manly peach puff. Peach puff is a colour Chuck Norris would choose. That's how manly it is. Besides, it's not like I have pink cushions or candles. No, my scatter cushions are chocolate and green because that matches with the decor and the chocolate throw. And the candles are cream with buff coloured ribbons. So you don't need to doubt my manliness. Just thought I'd set you all right. Can't do anything about the amethyst and rose quartz crystals that I have scattered around the room, though.
This is very disturbing....

http://www.bebo.com/Profile.jsp?MemberId=3694593973
~~
Name: Carlos Ray "Chuck" Norris Jr.
Birthday: March 10, 1940
Birthplace: Oklahoma
Current Location: Right behind you
Eye Color: Blue with specks of insanity
Hair Color: Strawberry-Blonde
Height: 5'10
Right Handed or Left Handed: Chooses to use his feet in most situations
Heritage: 50% American Indian, 50% American Hero
Death Count : Unknown
Weakness: None
Fears: None
Long Term Goals: Roundhouse kicking
Motto: "I am Chuck Norris"
Favorite Color: Lavender
Favorite TV Show: Texas Ranger
Favorite Movie: Delta Force

Raz, I'm worried to. For everyone. Shadowninja might be Chuck.
  • #470
  • Aug 26, 2008 10:51pm Aug 26, 2008 10:51pm
Quoting razldazl
Ok,
bear with me folks, not used to shorting this pair so here goes, Im looking to short from 0.8600 if seen, Im tempted to take 0.8550 but I want to get a good price so I will wait...take care, Raz

haha@pink candles ShadowNinja...
Raz,

Did you get in short? Now the price is going up!!!
Expected the unexpected
  • #471
  • Aug 26, 2008 11:00pm Aug 26, 2008 11:00pm
it hit my target at 8500 and now I am flat on this pair, it was a nice ride down. maybe next year it will make another run for parity, it too was a nice run.

I am done with the aussie
Don't chase the market, Let the market come to you
  • #472
  • Aug 26, 2008 11:16pm Aug 26, 2008 11:16pm
Quoting scyang
Raz,

Did you get in short? Now the price is going up!!!
aussie still has lots of room to fall yet a small little move up is not a big deal. 8100 to 7900 is not out of the question
Don't chase the market, Let the market come to you
  • #473
  • Aug 27, 2008 12:07am Aug 27, 2008 12:07am
Quoting Tmac
aussie still has lots of room to fall yet a small little move up is not a big deal. 8100 to 7900 is not out of the question
If you think so, why not take short?
Expected the unexpected
  • #474
  • Aug 27, 2008 12:09am Aug 27, 2008 12:09am
Quoting scyang
If you think so, why not take short?
I did from 9432 and took profit at 8500
Don't chase the market, Let the market come to you
  • #475
  • Edited 12:53am Aug 27, 2008 12:46am | Edited 12:53am
Quoting scyang
Raz,

Did you get in short? Now the price is going up!!!
Hi Scyang,
I am in short from 0.8600. Look at my last post, sometimes I think you dont read what Im saying, I was waiting for 0.86 to sell the rally...always try to get the best price by selling pullbacks, otherwise you have to risk a lot more. So I am putting my sl at 0.8650 this time, 50 pips above, speak soon, Raz
Never say never.
  • #476
  • Aug 27, 2008 12:48am Aug 27, 2008 12:48am
Quoting razldazl
Hi Scyang,
I am in short from 0.9600. Look at my last post, sometimes I think you dont read what Im saying, I was waiting for 0.96 to sell the rally...always try to get the best price by selling pullbacks, otherwise you have to risk a lot more. So I am putting my sl at 0.9650 this time, 50 pips above, speak soon, Raz
.9600? Will it ever get there? Having trouble getting up to .8600. Thought you would jump in .8550. Sorry about misreading.
Expected the unexpected
  • #477
  • Aug 27, 2008 1:04am Aug 27, 2008 1:04am
Quoting scyang
.9600? Will it ever get there? Having trouble getting up to .8600. Thought you would jump in .8550. Sorry about misreading.
Sorry it was 0.8600, not 0.9600...Raz
Never say never.
  • #478
  • Aug 27, 2008 1:44am Aug 27, 2008 1:44am
I'm currently holding 1 short from .8594 and another from .8551. The trades were meant to be long term, with a t/p set at about .8338. Both shorts were doing great yesterday, +60 pips at one point, but not so great today. Hoping that we'll see .8400 and eventually .8300 over the next week or so.
Do you think the karate kid knows kung-fu?
  • #479
  • Aug 27, 2008 1:55am Aug 27, 2008 1:55am
Quoting ddblue
I'm currently holding 1 short from .8594 and another from .8551. The trades were meant to be long term, with a t/p set at about .8338. Both shorts were doing great yesterday, +60 pips at one point, but not so great today. Hoping that we'll see .8400 and eventually .8300 over the next week or so.
Hi
If you got in yesterday (or before) you got in before there was a pullback, when the pair was dropping. So you have to expect some kind of a correction before things continue really, it looks like (so far) you arent too far from your entry point in any case. Good luck, I hope we have seen the top of this small correction and we are headed down now , take care, Raz
Never say never.
  • #480
  • Aug 27, 2008 2:17am Aug 27, 2008 2:17am
Quoting razldazl
Ok,
bear with me folks, not used to shorting this pair so here goes, Im looking to short from 0.8600 if seen, Im tempted to take 0.8550 but I want to get a good price so I will wait...take care, Raz

haha@pink candles ShadowNinja...
Ok,
so Im short from 0.8600, my tsl of 50 pips is now at 0.8625 and what I will be doing if I get to be, is leaving my stop there at 0.8600 until we get a significant enough move down and then I will trail by last highs...will post a chart
Attached Image (click to enlarge)
Click to Enlarge Name: aud stop.gif Size: 15 KB
Never say never.
1 trader viewing now