Jacko's Forex House of Pleasure and Pain | Page 404 | Forex Factory

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Jacko's Forex House of Pleasure and Pain

  • #8,061
  • Jun 8, 2009 11:06pm Jun 8, 2009 11:06pm
Quoting alllivemind
Thanks. Would anyone like to share thier experience?
I think Jacko is one of the best. His educational thread here and the james16 chart thread are both sensational resources for traders.
  • #8,062
  • Jun 8, 2009 11:25pm Jun 8, 2009 11:25pm
Quoting alllivemind
Thanks. Would anyone like to share thier experience?
It is brilliant to have an experienced winner trader to show you the potholes. It will save you money and he will show you far more winners than losers.
http://www.forexfactory.com/showpost.php?p=2752918&postcount=7687
I recommend him
  • #8,063
  • Jun 8, 2009 11:28pm Jun 8, 2009 11:28pm
I just joined very recently and am also apart of the james16 group. I'm impressed with his past results.
  • #8,064
  • Jun 9, 2009 1:32am Jun 9, 2009 1:32am
  •  hansnl
  • | Joined May 2007 | Status: don't get shot trade small lots | 83 Posts
Quoting Jpnek
Hey Hans,

Hoy did your A-H go? Mine (.3850) has gone as far as 15 pips close to recover that missing soldier in its full capacity... S/L is now set to B/E and after a longgg night I'm letting it play itself out... finally!
http://i43.tinypic.com/167k1sm.jpg

Hi Jepnek, my AH is now grown full size overnight, and lets see how far we will go today..
  • #8,065
  • Jun 9, 2009 1:50am Jun 9, 2009 1:50am
Quoting teddybearhug
It is brilliant to have an experienced winner trader to show you the potholes. It will save you money and he will show you far more winners than losers.
http://www.forexfactory.com/showpost.php?p=2752918&postcount=7687
I recommend him
Wow,
So many great responses! Thank you to all that posted! I'll see you in the "Club"
  • #8,066
  • Jun 9, 2009 2:09am Jun 9, 2009 2:09am
if you run a trend line from low of the 7th and 18th of may + fib from 18th to 03rd . nice round number at 13900
  • #8,067
  • Jun 9, 2009 2:10am Jun 9, 2009 2:10am
Price s lacking direction at the moment...support (which I think is strong) at 1.3805 and resistance at the 4H / daily trendline that was recently broken - currently at 1.3945.

I've exited my AH trade for +20pips as it wasn't panning out as expected and would rather lock in profit than to log on later and see London has taken price downwards. Not much news appears to be around today so could see it range trade.
  • #8,068
  • Jun 9, 2009 2:41am Jun 9, 2009 2:41am
maybe another bite of 13900 at london open
  • #8,069
  • Jun 9, 2009 3:13am Jun 9, 2009 3:13am
Fallen soldier rescued!
The greatest thing about this thread in particular is this; Jacko sticks his reputation on the line with each and every trade he places. He neither has, nor seeks, a hiding place. It's the ultimate litmus test of any teacher. Do they post all of their trades prior to the event?
Authenticity. Simplicity. Walking the walk.
  • #8,070
  • Edited 3:39am Jun 9, 2009 3:14am | Edited 3:39am
Quoting hansnl
Hi Jepnek, my AH is now grown full size overnight, and lets see how far we will go today..
Hey Hans,

Just closed my A-H trade @ .3960 for 110 pips profit. Wow I'm a happy camper again

http://www.forexfactory.com/showpost.php?p=2788151&postcount=8046
  • #8,071
  • Jun 9, 2009 4:55am Jun 9, 2009 4:55am
  •  hansnl
  • | Joined May 2007 | Status: don't get shot trade small lots | 83 Posts
Quoting Jpnek
Hey Hans,

Just closed my A-H trade @ .3960 for 110 pips profit. Wow I'm a happy camper again

http://www.forexfactory.com/showpost.php?p=2788151&postcount=8046
congrats Jpneck
mmm, I'v been out for a few hours good to see you made up your loss
I'm still in and stay in for a while, why dónt you re-enter the trade on a nice dip like now??
  • #8,072
  • Jun 9, 2009 6:09am Jun 9, 2009 6:09am
Quoting hansnl
congrats Jpneck
mmm, I'v been out for a few hours good to see you made up your loss
I'm still in and stay in for a while, why dónt you re-enter the trade on a nice dip like now??
Hi Hans,

After getting back my loss with the A-H, I'm keen to enter the market again but I'm afraid my H4 channel has been badly pierced... the H4 support line is now acting as resistance (look at the last 4 candles) so we don't seem to have much air on the upside. Let's see what the NY session brings for us.

Let's hope you can bring back that wounded soldier with the A-H.

Cheers,
Attached Image
  • #8,073
  • Jun 9, 2009 7:22am Jun 9, 2009 7:22am
Quoting lovejoy80
Price s lacking direction at the moment...support (which I think is strong) at 1.3805 and resistance at the 4H / daily trendline that was recently broken - currently at 1.3945.

I've exited my AH trade for +20pips as it wasn't panning out as expected and would rather lock in profit than to log on later and see London has taken price downwards. Not much news appears to be around today so could see it range trade.
Looks like I exited prematurely! Price is still following the 4HR trend line as a resistance point.
  • #8,074
  • Jun 9, 2009 7:39am Jun 9, 2009 7:39am
  •  hansnl
  • | Joined May 2007 | Status: don't get shot trade small lots | 83 Posts
I'm out my AH trade for 95 pips, still like to re-enter on a lower level say 50 or 60 pips lower.

Regards Hans..
  • #8,075
  • Jun 9, 2009 8:00am Jun 9, 2009 8:00am
Quoting hansnl
I'm out my AH trade for 95 pips, still like to re-enter on a lower level say 50 or 60 pips lower.

Regards Hans..
Congrats there, Hans

I should have listened to you earlier on when you asked me to re-enter long... Nice rally we had. PA shooting for .4000 as I type.

Cheers,
  • #8,076
  • Jun 9, 2009 8:06am Jun 9, 2009 8:06am
Does anyone consider the possibility of forming a shoulder with top around 50 fib, round number, and previous R level? However still long, i am considering to move my SL`s to breakeven.
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  • #8,077
  • Jun 9, 2009 8:16am Jun 9, 2009 8:16am
  •  hansnl
  • | Joined May 2007 | Status: don't get shot trade small lots | 83 Posts
Quoting Jpnek
Congrats there, Hans

I should have listened to you earlier on when you asked me to re-enter long... Nice rally we had. PA shooting for .4000 as I type.

Cheers,
Never follow thought's on a treat, just do your own thing.
Trade always your own trades and you will be O.K.

Next trade is around the corner

cheers..
  • #8,078
  • Jun 9, 2009 8:17am Jun 9, 2009 8:17am
Quoting Ellipsis
Does anyone consider the possibility of forming a shoulder with top around 50 fib, round number, and previous R level? However still long, i am considering to move my SL`s to breakeven.

Elipsis
I spotted this head and shoulders awhile back but I see what your talking about. That is a lot bigger than I normally like to deal with.
Attached Image (click to enlarge)
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  • #8,079
  • Jun 9, 2009 9:40am Jun 9, 2009 9:40am
A little good fortune is always appreciated. Last Friday I placed a pending buy order at 1.3970 when price was some where around 1.3880. Then a little later I was able to place a pending buy stop at 1.3920 just before NY close and just before I boarded my delayed flight. I return home last night to see my pending order hadn’t initialized, so I moved my pending buy to a bargain price of 1.3900. I saw that some people were closing out theirs due to the range but I decided to let the trade play out. Mine is now over 100 pips in profit and Geithner is speaking. Hopefully I'll make back my losing trade from last week. A little bit of luck and a little bit of patience.

Just an observation: By my chart we haven’t had a daily close below the 4H trend line that was in play last week. I’m interpreting that to mean we’re still in an uptrend and perhaps the retracement is complete for now.
  • #8,080
  • Jun 9, 2009 9:58am Jun 9, 2009 9:58am
Quoting RickyRudy
A little good fortune is always appreciated....
Hey Ricky,

Timing couldn't be better for your entry. Nice ride nortbound

Cheers,
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