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Jacko's Forex House of Pleasure and Pain

  • #5,221
  • Sep 5, 2008 12:31am Sep 5, 2008 12:31am
Hello to everyone in this thread. Very much interested in Jacko's Method. Is there any way I may be able to obtain some more info about this method...in say a PDF file. Please help. Thank you.

Pluto9
  • #5,222
  • Sep 5, 2008 1:27am Sep 5, 2008 1:27am
Quoting Pluto9
Hello to everyone in this thread. Very much interested in Jacko's Method. Is there any way I may be able to obtain some more info about this method...in say a PDF file. Please help. Thank you.

Pluto9
All you need to know is on the first few pages of this thread really...the best thing to do is read, and when you have any specific questions post them here, somebody will always be willing to help you out, take care, Raz
Never say never.
  • #5,223
  • Sep 5, 2008 7:47am Sep 5, 2008 7:47am
Quoting rusita
Hi,
I'm rusita here, I just new on forex, would someone share with me what is the jacko method.
you can send email to direct to my personal email ([email protected])

thanks guys
Please check out this link:

http://www.forexfactory.com/attachment.php?attachmentid=127289&d=Jul%2003,%202008%207:05pm

Barry
  • #5,224
  • Sep 5, 2008 7:34pm Sep 5, 2008 7:34pm
Quoting BarryPips
Please check out this link:

http://www.forexfactory.com/attachment.php?attachmentid=127289&d=Jul%2003,%202008%207:05pm

Barry
Thanks for your effort BarryPips...
  • #5,225
  • Sep 5, 2008 11:01pm Sep 5, 2008 11:01pm
I really love how nice people are on this forum. Any other forum would tear him to shreds for not having read all 300+ posts before asking a question. Love the method by the way. I'll go back to lurking now.
  • #5,226
  • Sep 6, 2008 2:51am Sep 6, 2008 2:51am
Quoting BarryPips
Please check out this link:

(http://www.forexfactory.com/attachment.php?attachmentid=127289&d=Jul%2003,%202008%207:05pm)

Barry


His results over 3 years are impressive.

http://www.forexfactory.com/showpost.php?p=1431044&postcount=85

and

http://waynejacksonfx.blogspot.com (http://waynejacksonfx.blogspot.com)


But in the last month, some of us are showing the old man a thing or two about short trading. But his private group's blog is priceless. He has showed me how to treat Forex professionally and as a lifelong business. And he is a real gentleman. Joining his group was a turning point in my trading and has given me the confidence to become a fulltime trader.

But word of warning: He is not a signal service... HE IS A TRADER...just like me and other members of the group. His trades are not a recommendation. They are simply to allow you to see when and what he is trading and why. He doesn't ask people to follow only his trades. His trades are simply his trades,... most of the group trade his trades PLUS their own.

Members of his group will understand.


I AM BECOMING AN AWESOME TRADER
  • #5,227
  • Sep 6, 2008 4:30pm Sep 6, 2008 4:30pm
Quoting wattawatta
His results over 3 years are impressive.

http://www.forexfactory.com/showpost.php?p=1431044&postcount=85

and

http://waynejacksonfx.blogspot.com (http://waynejacksonfx.blogspot.com)


But in the last month, some of us are showing the old man a thing or two about short trading. But his private group's blog is priceless. He has showed me how to treat Forex professionally and as a lifelong business. And he is a real gentleman. Joining his group was a turning point in my trading and has given me the confidence to become a fulltime trader.

But word of warning: He is not a signal service... HE IS A TRADER...just like me and other members of the group. His trades are not a recommendation. They are simply to allow you to see when and what he is trading and why. He doesn't ask people to follow only his trades. His trades are simply his trades,... most of the group trade his trades PLUS their own.

Members of his group will understand.


I AM BECOMING AN AWESOME TRADER
Thank you for your post Wattawatta.
I am interested in Jackos private group and wonder what I might gain from it. I would not call myself a trader (yet) but after nine months of study, frustration and a little, just a little succsses I want to push on and become more active in the markets.
As you are a member of the group I would like to know if, in your opinion, it would be suitable for someone like myself. Or, is it aimed at more proffesional/full time traders with more experience.
I would be most grateful if yourself or Jacko (if he's around) could give me a little more insight into what goes on in there!
Regards,
Pete
  • #5,228
  • Sep 7, 2008 1:54am Sep 7, 2008 1:54am
Paste this link into your browser http://www.inews3.com/topstory.php?id=4a41434b4f7c4a41434b534f4e
  • #5,229
  • Sep 7, 2008 5:27am Sep 7, 2008 5:27am
Quoting Petea1uk
Thank you for your post Wattawatta.
I am interested in Jackos private group and wonder what I might gain from it. I would not call myself a trader (yet) but after nine months of study, frustration and a little, just a little succsses I want to push on and become more active in the markets.
As you are a member of the group I would like to know if, in your opinion, it would be suitable for someone like myself. Or, is it aimed at more proffesional/full time traders with more experience.
I would be most grateful if yourself or Jacko (if he's around) could give me a little more insight into what goes on in there!
Regards,
Pete
Peter

http://www.forexfactory.com/showpost.php?p=1953724&postcount=2850

Quote

Jacko's group costs $500 for a whole year. I have looked at other training programs for $10,000 that weren't anywhere near as good. They were all theoretical and had disclaimers all over them.

Jacko has shown the basics of how he trades here on FF and before that at DailyFX. How generous is that? There is no hidden traps with Jacko. I have found that when I have asked any question, he has been totally honest and forthright to me.

Am I profitable? Yes, absolutely. and I have learnt to trade in a totally different mindset which is worth more than money.

Will I continue to pay the fee? If Jacko is prepared to put up with me, I would certainly continue with him.

I agree with Newbie, "where else can you have the opportunity to see a successful, BIG, professional trader trade and have him explain how and why he is making that decision."
Jacko must be one of the biggest traders here. How many others trade in the sizes he does? But more importantly, how many traders that big would even consider mentoring a group of traders. And you can see him gradually guiding some into prop trading positions and others into becoming full time traders.

The information in yesterdays blog about "how and why he grew his trading volumes" is priceless. That blog alone was worth the price of the joining fee.
I have been wanting to "grow my business" but was uncertain as to how to do it. Jacko showed us all how a succeessful business person does it.

Jacko is the real deal

I reckon that the best deal is Jacko because he is a trader himself. There is no bullshit in his private blog to his group. If a trade goes bad he says so. he doesn't give a shitload of reasons why as to how he escaped from the bad trade at the last minute or got into fabulous trades but didn't tell us about it until later .
I wanted to be mentored by a real trader.
He has been incredibly generous with his time and has been patient with my long email questions even though he must have answered the same questions tons of times before.
Is it suitable for you.? I dunno. Do you want to be a trader? If so, you can do what I did. I joined for the cost of 2 cups of coffee per week for access to a bloke who is trading 200 EU/USD contracts each trade.



I AM BECOMING AN AWESOME TRADER
  • #5,230
  • Sep 7, 2008 5:36am Sep 7, 2008 5:36am
Quoting tdion
Jacko style traders: I invite you to start posting your percentage gains and pip totals on a thread I made in the journal section... Will be very insightful for newbies interested in results.

The journal is NOT for live trade calls.... but rather incremental progress. No ROIs please..... dollar figures are your own business.

http://www.forexfactory.com/showthread.php?t=104867
I was about to answer this post with my results but then I read some of your posts. You cause problems wherever you post. I haven't seen a positive or constructive post in all your posts I read, so I think that you just want to try to cause problems. Not good, man.


I AM BECOMING AN AWESOME TRADER. And i don't need to prove it to you
  • #5,231
  • Sep 7, 2008 5:54am Sep 7, 2008 5:54am
Quoting wattawatta

I AM BECOMING AN AWESOME TRADER. And i don't need to prove it to you
Then stop claiming it in bold letters in every post. It looks silly.
  • #5,232
  • Sep 7, 2008 6:28am Sep 7, 2008 6:28am
Tedious!!!!!!
  • #5,233
  • Sep 7, 2008 10:37am Sep 7, 2008 10:37am
That would be difficult for most of us because we take our own trades as well, so my percentage gains/losses is not from just his trades.

Quoting tdion
Jacko style traders: I invite you to start posting your percentage gains and pip totals on a thread I made in the journal section... Will be very insightful for newbies interested in results.

The journal is NOT for live trade calls.... but rather incremental progress. No ROIs please..... dollar figures are your own business.

http://www.forexfactory.com/showthread.php?t=104867
  • #5,234
  • Sep 8, 2008 6:25am Sep 8, 2008 6:25am
The first Trading group that I joined was run by a guy who used to very cleverly disguise his total lack of success. He was basically preying on newbies for a monthly fee. There were some benefits to being in the group but not many and the turnover was huge as people saw the light.

Jackos' group is a different kettle of fish. It is not a signals service and the real value is in the analysis of why a trade is GOING to be taken and why it succeeded or failed.
As Greywolf says. We all take our own trades whether we follow Jacko's trade ideas or not so statistics would be impossible for most people including me.

Jacko is a Mentor to his group and not a signal or system vendor. The group is excellent value for money for the education it provides.

The main problem with forums is that they are showered with 'Holy Grail' seekers who want to load an EA for risk free prosperity. If this is you, then I wish you success.
  • #5,235
  • Sep 9, 2008 5:37am Sep 9, 2008 5:37am

Hi!

Its my first post on jackos thread
I have read the first 60 post on this and I like jackos approach.

Looking at the charts eurusd makes it difficult for me to see what should I do to enter with this method.
Long timeframe eurusd is still in an uptrend started somewhere in 2001 ok – I see its still not violated from this strong downtrend started one month ago in august until it goes down somewhere under 1.39
As I have understand Jacko does not short this pair until the long term trend has not established to be broken.

What I think is to wait for going down under 1.40 and come back from 1.39?? enter at 1,402 with AH- Strategy.
So if the trend gets broken at 1.39 I am not in and if it come back to 1,40 I am in with AH strat that can cost me 50 pips reenter then at 1,395 hopefully will bring me back to Zero and more going up for longer time or what ever happens with a TS 50 pips.

Don’t jump on me - I am new to this - just tell me if this is one of possible trading variations or is it BS?

Thx
derunentwegte

  • #5,236
  • Sep 9, 2008 5:56am Sep 9, 2008 5:56am
Quoting derunentwegt

Hi!

Its my first post on jackos thread
I have read the first 60 post on this and I like jackos approach.

Looking at the charts eurusd makes it difficult for me to see what should I do to enter with this method.
Long timeframe eurusd is still in an uptrend started somewhere in 2001 ok – I see its still not violated from this strong downtrend started one month ago in august until it goes down somewhere under 1.39
As I have understand Jacko does not short this pair until the long term trend has not established to be broken.

What I think is to wait for going down under 1.40 and come back from 1.39?? enter at 1,402 with AH- Strategy.
So if the trend gets broken at 1.39 I am not in and if it come back to 1,40 I am in with AH strat that can cost me 50 pips reenter then at 1,395 hopefully will bring me back to Zero and more going up for longer time or what ever happens with a TS 50 pips.

Don’t jump on me - I am new to this - just tell me if this is one of possible trading variations or is it BS?

Thx
derunentwegte

I think you understood the strategy and your trade example seems to be following the rules, even if you might not be on a 50% FIB. I believe that Jacko is using 100pips TS as the volatility is larger in the last few months.
Anyway, well done
  • #5,237
  • Sep 9, 2008 8:17am Sep 9, 2008 8:17am
Quoting cesare76fx
I think you understood the strategy and your trade example seems to be following the rules, even if you might not be on a 50% FIB. I believe that Jacko is using 100pips TS as the volatility is larger in the last few months.
Anyway, well done
thx for answer cesare76fx!

does jacko also SL 100 pips or only for TS?
50% fib could be at 1.383 for the last big upmove- I will consider this also and watch the chart but trying to KISS - this fib thing is not as accurate as we would like it to be. We can produce a lot of fibs but 50-100 pips for this long timeframes is very little.
Happy to hear that it seems I understand what master jacko is teaching.
I did the rolloverstrat from brian for 4 month but now since the downtrend in all the pairs it does not work (good in ranging and uptrending markets).
Ok learning the next strat meanwhile and I like it.


thx derunentwegte
  • #5,238
  • Sep 9, 2008 7:48pm Sep 9, 2008 7:48pm
derunentwegt, Jacko has been looking for short trades recently since we have been in a bearish market for a couple of months, and since the market has been so choppy latlely he has changed some other rules until he see's the Euro bull market again.
  • #5,239
  • Sep 9, 2008 8:30pm Sep 9, 2008 8:30pm
and i'll say it's 50/50 for a dollar bull market.
Quoting greywolf238
"the Euro bull market again."
  • #5,240
  • Edited 6:03am Sep 10, 2008 3:36am | Edited 6:03am
Quoting greywolf238
derunentwegt, Jacko has been looking for short trades recently since we have been in a bearish market for a couple of months, and since the market has been so choppy latlely he has changed some other rules until he see's the Euro bull market again.

Thank you greywolf238!

As said I only read the first 60 posts. I am busy to catchup - you know its a lot to read.
You mind to tell me what rules are changed now?

regards derunentwegte
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