DislikedIt has been a wild ride up! I think you can get a bit gun-shy when the market moves so quickly but that can mean missing out on a great opportunity!
I would be interested to know if/how people have been entering the market with such upward momentum (keeping inline with Jacko's strategy). Like you said - the retracements have been minor but they have been there. I am personally a big fan of the round numbers and if you watch how price has interacted with them on this big ride you can see clear areas of support and resistance which I have used to...Ignored
We do not wait for or follow his calls. We trade what we are used to.
Personally I use pivot points and fibo levels. Some of us use trend lines tradind brakeouts, but we all enjoy reading his comments about market which are wery useful.
As for Jacko, he is patient and consistent in inplementing his rules and strategy, and wery, wery cautios when to enter to an trade.
Best regards.