Jacko's Forex House of Pleasure and Pain | Page 337 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Chicky's House of Pleasure and Pain 11 replies

Carry Backet w/ Jacko's AH 10 replies

Hello Guys is a pleasure to be here. I'm new to MT4 1 reply

Jacko's P&P Trend Trading Method 73 replies

Attachments: Jacko's Forex House of Pleasure and Pain
Exit Attachments

Jacko's Forex House of Pleasure and Pain

  • #6,721
  • Mar 17, 2009 5:09am Mar 17, 2009 5:09am
HI All,

The last five pages (starting from page 444 post # 6660) has been an interesting discussion on WHY people trade....

It is well worth reading if you were not in the relevant times zone as it was developing.


.
Jacko
  • #6,722
  • Mar 17, 2009 5:16am Mar 17, 2009 5:16am
I am extremely grateful to people that have been successful in this business and take the time to mentor and share with those that are learning.
The day I started trading forex, because I said to mysef "Man I can see some logic in the way prices move!" , I discovered that around me not many pple are doing the same thing. Who can I learn this from? It will take time and money to work it all alone and what if it doesnt work!!! This is becomes truer if you don't live in a main centre.

You can meet other traders in FF!, some of them made their way up and teach/share how they have done it. They like be where with pple that share a passion and a vision with them are and help those that are currently lost or are in they way studying how to improve their work.

If someone is a novice, he has a great chance to learn here. If someone is experienced and successful he has a great chance to meet other successful pple in the business like him/her. And if he likes it he can teach to others what has worked for him. The single best advice for someone who learns is, I think, look at what works. Try to understand it. Then you might also do smt different, but learning is going to make you better.

As a novice, I find FF extremely rewarding, and I think my odds of achieving something are greatly improved by those who share what they do.

Thank you very much for your time and efforts Jacko and James16, you are Rockstars !!!

Thanks to bringing pple closer to their dreams

  • #6,723
  • Mar 17, 2009 6:09am Mar 17, 2009 6:09am
Quoting jacko
1. They say that any person who lusts after a Ferrari or a Lamboghini hasn't had one.

2. Once you have had one you don't want another one of them...LOL

Jacko
1. And this is so very true
2. only if your desire is to show off with!
  • #6,724
  • Mar 17, 2009 7:47am Mar 17, 2009 7:47am
Quoting metalhead
Hi,

Sorry to quote you here. I tried PMing you and it was blocked, and I tried replying to your Parrondo thread and it wouldn't let me. lol.

Have you done any more work on that system? I'm working on something similar now and thought it might be fun to trade notes.

Cheers.
I do still use it. It is very reliable and consistent. I really don't want to say more than that about it, because it is way of topic. Thanks for asking about it. I am actually satisfied with it and have made no further changes.

thanks, and sorry Jacko.

Scott
  • #6,725
  • Mar 17, 2009 7:57am Mar 17, 2009 7:57am
you guys think the EUR/USD resumes down trend today,its early but it seems toppy to me...
  • #6,726
  • Mar 17, 2009 2:00pm Mar 17, 2009 2:00pm
Quoting mofuniverse
what do you guys think? should i buy this?
"Trader" the documentary for 1 penny?
You do realize that you just lost it to me.

Or any of the other 1,000,000 readers here.
  • #6,727
  • Mar 17, 2009 4:33pm Mar 17, 2009 4:33pm
Quoting smjones
I do still use it. It is very reliable and consistent. I really don't want to say more than that about it, because it is way of topic. Thanks for asking about it. I am actually satisfied with it and have made no further changes.

thanks, and sorry Jacko.

Scott
Cheers. If you ever want to trade notes feel free to send me a PM.

Good luck in your trading.

*apologies to the threadstarter for this. I'm done now *
  • #6,728
  • Mar 17, 2009 5:04pm Mar 17, 2009 5:04pm
Quoting mea
1. And this is so very true
2. only if your desire is to show off with!
Unless you want to drive it on the racetrack.
TRO
  • #6,729
  • Mar 17, 2009 5:32pm Mar 17, 2009 5:32pm
Which way?

http://i43.tinypic.com/keb6mb.gif
TRO
  • #6,730
  • Mar 17, 2009 8:03pm Mar 17, 2009 8:03pm
Quoting Money4Nothing
Which way?

http://i43.tinypic.com/keb6mb.gif
Possible bull flag easier to see on longer time frames but hard to say which way US$ is heading on fundamentals.
I would wait it out.
History is written by the victors.
  • #6,731
  • Mar 17, 2009 8:32pm Mar 17, 2009 8:32pm
Quoting jacko
HI All,

The last five pages (starting from page 444 post # 6660) has been an interesting discussion on WHY people trade....

It is well worth reading if you were not in the relevant times zone as it was developing.


.
Jacko
Still waters run deep
  • #6,732
  • Mar 17, 2009 10:19pm Mar 17, 2009 10:19pm
Quoting FxRecon
I just want to thank all of you great one's out there! It is a pleasure to hear encouraging words from those who have been living the life that they've always wanted. I am new to this post but I have been watching and reading quietly in the background. I appreciate Jacko and all that I am learning. Jacko and James16, please keep the good words of wisdom coming. It gives those of us, who have yet to reach our full potential, the courage to continue on this wonderful path. Karma is so very powerful and I wish you both much continued success!
Hi FxRecon

Thank you for your kind words. They are really appreciated

.
Jacko
  • #6,733
  • Mar 18, 2009 12:12am Mar 18, 2009 12:12am
Got a question for fundamentalists out there. China seemed to send a clear picture to the Obama administration that they are worried about the security of their investments in the US. There is an expectation that U.S. bonds are headed for a big drop in value because we are printing too much money.

I have been studying the weekly and monthly charts on eur/usd and we look good for at least a modest uptrend if the fundamentals back it. Was hoping a more expereinced trader than me would give their outlook. Jacko what do you think?

bulls
Whats happening in EUR/USD should be happening to you!
  • #6,734
  • Mar 18, 2009 1:45am Mar 18, 2009 1:45am
Quoting Money-RX
Possible bull flag easier to see on longer time frames but hard to say which way US$ is heading on fundamentals.
I would wait it out.



Hi Money4Nothing,

I am not sure why you are posting huge charts of the GBP/USD here. (maybe these belong in the GBP thread)

I also don't understand why you have soooo many trend lines on your charts. One trend line is all you need..the major one

I also don't understand why you have sooooo many Fib lines and numbers. (are you having trouble deciding which one to use???...because you have them all)

.
Jacko
  • #6,735
  • Mar 18, 2009 1:50am Mar 18, 2009 1:50am
Quoting jacko
Hi Money4Nothing,

I am not sure why you are posting huge charts of the GBP/USD here. (maybe these belong in the GBP thread)

I also don't understand why you have soooo many trend lines on your charts. One trend line is all you need..the major one

I also don't understand why you have sooooo many Fib lines and numbers. (are you having trouble deciding which one to use???...because you have them all)

.
Jacko
Looks like I forgot to drag the EURUSD on the chart before I posted.

One indicator that I use plots the fibs and trend lines. The other plots the "Jacko" trend line, a line from the highest high to the lowest low on the chart and a line from either the HH or LL, whichever is most recent, to the current bar.

I turned off the fib generator...

http://i40.tinypic.com/20hrou9.gif
TRO
  • #6,736
  • Mar 18, 2009 1:54am Mar 18, 2009 1:54am
Shorted EU @ 3036.. Im in for pain or pleasure... so far pleasure :>
lowest draw down possible please.
  • #6,737
  • Mar 18, 2009 6:52am Mar 18, 2009 6:52am
Quoting Money4Nothing
Unless you want to drive it on the racetrack.

right
  • #6,738
  • Mar 18, 2009 7:39am Mar 18, 2009 7:39am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting ehrek
Shorted EU @ 3036.. Im in for pain or pleasure... so far pleasure :>
Look for PA in the 1.32 to 1.34 area, only just read your post, not sure which size stop your using, so your either chewing your nails or feeling the pain, AH will get it back.

Anyway if we break the 1.34 (50% fib on daily chart) we should be heading into the 1.39 zone and then be looking for confirmation of the continuation of the Bull trend.

That said i favour the short side so will be watching the 32-34 zone

MPP
  • #6,739
  • Mar 18, 2009 11:30am Mar 18, 2009 11:30am
^^

I got out @ 1.30016.. didn't like what i was seeing
lowest draw down possible please.
  • #6,740
  • Mar 18, 2009 2:20pm Mar 18, 2009 2:20pm
Up...lol

http://i42.tinypic.com/6yh63n.gif
TRO
21 traders viewing now