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Jacko's Forex House of Pleasure and Pain

  • #10,201
  • Jan 12, 2010 10:09am Jan 12, 2010 10:09am
Quoting garrye
same with me babe. still no live trading from all you that spill ur lies to newcomers

What lies exactly?

You are the one's that are attacking the service, thus why don't you bring something constructive to the thread and share your thoughts and ideas on the EU...i.e. let's start putting up some charts and having some meaningful discussions.
  • #10,202
  • Jan 12, 2010 11:24am Jan 12, 2010 11:24am
Quoting Fx_Genius
A blonde went to a hair dresser's one day, listening to a walkman. The hair dresser asked her what she wanted, and the blonde replied, "I need to get my hair trimmed, just make sure that you do not take these headphones off." The woman looked at the blonde, surprised, but did as she was told. While she was brushing the blonde's hair, she accidentally bumped the headphones, knocking them to the ground. As she bent down to pick them up, the blonde fell over, onto the floor. The hair dresser was very confused. She picked up the head phones and listened....

Amen to that.
Nihil inimicus quam sibi ipse Marcus Tullius Cicero
  • #10,203
  • Jan 12, 2010 11:56am Jan 12, 2010 11:56am
Quoting Masapv
Hello Bulls and Bears,
I'm thinking about joining Jacko's group, and I see you're a memeber. In your opinon, after following his trades for a year (not just trading what he does, but learning how he thinks and see what he see's) do you think a newbie like myself who is dedicated would come out on the other side as a sucessful trader? I want to learn what he teaches, but I guess what I'm trying to figure out is if after a year I will walk away knowing what to do on my own without having to keep relying on his trades.
Thank you for your time
To Masapv
To answeer your question, the answer is: Yes. You will be a better, more successful trader after watching and learning about how to trade from Jacko.
I am a trader in his private group and I am telling you that he is a consistent trader who churns out the profits month in and month out. His basic system is set out at the start of this thread, but what we see in the private group is how an extraordinary and successful trader THINKS as he leads up to a trade. We see WHAT he is thinking and WHY he is taking a trade before he takes the trade. Thats priceless.
To everyone else, before you attack my post, I am answering Masapv's question. Masapv has asked a question. I have answered Masapv's question. That is all.
  • #10,204
  • Jan 12, 2010 12:01pm Jan 12, 2010 12:01pm
Quoting Fx_Genius
Dec 28, 2009 7:08pm
My thoughts are that after a big retreat that we had I am waiting for 1.47 (.5 fib, even #) before I go long.

Disclaimer: I do not trade pure Jacko style! But it's close.
Still sticking by my decision. Have I missed some good movements? Yes, but I have not lost anything either! And not losing is winning!
  • #10,205
  • Jan 12, 2010 12:05pm Jan 12, 2010 12:05pm
If you want to learn about trading from a very experienced trader then I recommend joining Jackos group ( I am a member). If you want a signal service to make you $$$$$ then go elsewhere. Jacko gets it right and sometimes he gets it wrong but the insights he shares I have found to be very valuable and well worth my investment.
Dance with the market .. I have two left feet
  • #10,206
  • Jan 12, 2010 1:11pm Jan 12, 2010 1:11pm
Quoting Masapv
Hello Bulls and Bears,
I'm thinking about joining Jacko's group, and I see you're a memeber. In your opinon, after following his trades for a year (not just trading what he does, but learning how he thinks and see what he see's) do you think a newbie like myself who is dedicated would come out on the other side as a sucessful trader? I want to learn what he teaches, but I guess what I'm trying to figure out is if after a year I will walk away knowing what to do on my own without having to keep relying on his trades.
Thank you for your time
Hi Masapv,

The real question is do you think you will come out on the other side as a successful trader? No one else can answer that for you. The biggest problem most new traders have is fighting themselves.

Can you trade the market based on the information that is contained here, within this thread?

Regards,

Dan
  • #10,207
  • Jan 12, 2010 1:16pm Jan 12, 2010 1:16pm
Quoting sebastionay
How did you manage 450%? I mean what % of account balance were you placing per trade?

I really like this method because the RR is so good, But I don't think its suited to small account balances, would I be right in assuming that?
well, i started out with a small acct and did just fine. on a few trades I did risk more than i should have. like all traders new to the game, i got caught up in the rush. I was risking 3% to sometimes 6%. And see i dont take all of jackos trades. He is very honest about if a trade is riskier or against the main rules. i tend to watch those go by and stick with the main system. We did so well last year that my acct would actually be in the 1000's% gains if i had not made myself panik on some of those. I also trade my own signals and believed eur/usd was in an uptrend after March which we can now see it was. I capatalized on that. Its not hard to do with this method.

The r/r is great unlike babefx tried to scare you guys with. The SL is 100 pips, but most trades close in profit from 100-300+ pips, not 40 pips. that would be rediculous. Its been a great journey. Ive settled down to risk only 1-3%. Things are more calm with me and i trade the good trades, period. i cant read the news events like jacko and that why listening to him is so insightful. But i can trade whats on my charts very well. It just takes time and all the time watching the markets you can spare. i put in 100's of hours if not in the 1000's watching my charts. Very important.

GL
bulls
Whats happening in EUR/USD should be happening to you!
  • #10,208
  • Edited 1:52pm Jan 12, 2010 1:34pm | Edited 1:52pm
Quoting BabeFX
Hi Bulls & Bears,

Sorry I didn't reply to this personal email you sent me on December 15th 2009.

It would appear to me that you have made a significant amount of money since that day all I can say is "Hats off to a true professional".

Here is the link to the email you sent:http://www.forexfactory.com/private.php?do=showpm&pmid=624991

I am sorry if I have ruffled a few feathers here, my only concern is for the well being of newcomers who might view joining...
Sweetie,

Dec 15th was a long time ago. This is a year later. the link does not work btw, but i think you may be taking one trade that was lost into putting down an entire system. you havent ruffled any feathers IMO. Its more like you have shown that you have not evolved as a trader in the last year. To even suggest this method doesnt work is really just lack of experience talking. if the pm is what i think it is, i remember watching you on the eur/usd thread and you sold when the market blew way north on us. I being a newb had actually tried to daytrade a short at the same time and got caught in the same move as you. Technically, thats not a jacko trade at all.

But to clear this up, in the beginning i was just like these people here now. I doubted, I wondered, i questioned. I WAS LEARNING. Dec of 08, I did not have the state of mind i have now, nor the confidence and discipline I have now thanks to jacko. Babe, you havent got any emails from me in the last year have you? Thats because the system works and i learned the system. Noone here, not one single person here is trying to say this is the end all holy grail system. But, Babe, i have been on this thread over a year and youve never come in here to discuss anything, i anticipate you ARE NOT a member of jacko turtles, so you have no leg to stand on to come in here and pretend to be saving members when you are actually HURTING them. If it wasnt for you "whislte blowers" and "hell raisers" coming in here making accusations then we could go back to a peaceful thread discussing trades and people can choose for themself if this is right or not for their style. knowing what i know, and hearing what i hear I have to tend to think that you guys putting this method down must have a vested interest in a system somewhere else! Because this works, end of story.

bulls

ps its interesting to observe that all the negative people here are NOT jackos turtles and all the members of the turtles are content as can be. You see it over and over.
Whats happening in EUR/USD should be happening to you!
  • #10,209
  • Jan 12, 2010 1:41pm Jan 12, 2010 1:41pm
Quoting garrye
i will send you 700$ then mate you should be teaching jacko
Ill take the $700, but there isnt a thing i could teach Jacko that he didnt teach me 1st. Did it ever occur to anyone that no trades are being called because there isnt a trade to call right now???


bulls
Whats happening in EUR/USD should be happening to you!
  • #10,210
  • Jan 12, 2010 1:43pm Jan 12, 2010 1:43pm
Quoting narberth
If you want to learn about trading from a very experienced trader then I recommend joining Jackos group ( I am a member). If you want a signal service to make you $$$$$ then go elsewhere. Jacko gets it right and sometimes he gets it wrong but the insights he shares I have found to be very valuable and well worth my investment.
Well said Narberth i am also a member and have learned so much and keep on learnning every day
  • #10,211
  • Jan 12, 2010 2:48pm Jan 12, 2010 2:48pm
Quoting BullsAndBear
Sweetie,

Dec 15th was a long time ago. This is a year later. the link does not work btw, but i think you may be taking one trade that was lost into putting down an entire system. you havent ruffled any feathers IMO. Its more like you have shown that you have not evolved as a trader in the last year. To even suggest this method doesnt work is really just lack of experience talking. if the pm is what i think it is, i remember watching you on the eur/usd thread and you sold when the market blew way north on us. I being a newb had actually tried to...
Hi BullsAndBear,

Let us for the sake of clarity clear up a few misconceptions.

1. The P.M. you sent me was dated 15th December, 2009
2. I have posted on this thread numerous times before & I have found that there have always been a "Die Hard Nucleus of Groupies" that actively
promote Jacko's paid service, when common sense should have dictated
that his analysis was flawed. I started posting on this thread in December
2007.
3. Whether I am a current member or an expired member of "Jacko's group"
is purely academic.
4. I am not trying to save existing members of his group, I am merely trying
alert potential recruits to some of the realities of joining his group.


By the way I have managed to copy & paste your December 2009 PM.

http://cdn.forexfactory.com/images/s...n/post_old.gif Dec 15, 2009 5:53pm
http://cdn.forexfactory.com/nfs/cust...tar93155_4.gif (http://www.forexfactory.com/member.php?u=93155) BullsAndBear (http://www.forexfactory.com/member.php?u=93155) http://cdn.forexfactory.com/images/s...ser_online.gif
Member
Member Since Feb 2009
237 Posts (http://www.forexfactory.com/search.php?do=finduser&u=93155)

http://cdn.forexfactory.com/images/icons/icon1.gif correlations
Hi, i read your post on jackos thread and i was wondering if i could ask you what method you use. what news sources or research do you do to decide if the market is in correlation with equities,gold,crude & treasuries holding? I dont hear anyone talk about this, but it sounds very reasonable. I love to read and i love to do research and am trying to get good enuff at this trading to go live. Your help is greatly appreciated...

-------------------------
3. Is the market correlation with equities,gold,crude & treasuries holding.
4. What is the condition of the health of the 2 countries making up the pair.
---------------------------

Chris
__________________
Proud Member of Jacko's Turtles
Whats happening in EUR/USD should be happening to you! http://cdn.forexfactory.com/images/s...m/big_grin.gif

I wonder who is trying to pull the wool now !

Regards,

BabeFX
  • #10,212
  • Jan 12, 2010 3:14pm Jan 12, 2010 3:14pm
Thought this was a trading thread, open for discussion on potential trades, views on the mkt etc?
I have no axe to grind, apart from this stuff is boring the pants off me.
So some traders are disgruntled, some are happy. Who Cares??
The thread was started to provide an example of one of the myriad approaches one can take to trading.
Surely this argument that's been raging, is academic.
If a new trader visits this thread, then the caveat Buyer Beware applies, as it does to any potential paying service.
Surely, any new trader with a modicum of intelligence would do the following:
Study and understand the method
PRACTISE the method for a considerable period of time.
Evaluate as to whether trading the method has improved his profitability.

At this point, the trader can make an informed decision as to whether he takes this to the next level, or not. Simple.

How about a chart for a change.
  • #10,213
  • Edited 3:43pm Jan 12, 2010 3:29pm | Edited 3:43pm
Babefx,

You have serious mental problems. i am now starting to see your view of things is seriously twisted and distorted. And your manners are very weak. BUT, just incase my pm to you is the cause of your misconception about this thread, which it would not be had you talked to me personally about it, let me explain.

I was laid off from my job back in June. At that time, i closed my trading acct because the way the economy was, i wasnt going to play with money i may need because this changes the whole mindset of the trader and i wasnt going to fall into that trap. BTW, thanks for making me feel so warm inside having to announce that. Anyhow, you had brought up something that i found to be interesting and i was trying to be nice to you in asking to share, which you did not, for someone who seems to be so concerned to help people.

So my pm to you and your anouncement to the world about it means absolutely 0. It means nothing. you have proven nothing, except you are an ill mannered person. My acct at the time of close was UP over 450% in just a few short months (which btw got me thru some tuff times! i wouldnt have it without the successful trading i had here. THANK YOU JACKO), thanks to what I learned here. i continue to paper trade successfully and i remain a student, always a student. I seek out new information daily. i watch the J16 thread, phil nells thread, bemacs ICCE, cobra forex, etc..

You are acting like a baboon. There is no reason for your anamosity. There is no weight or facts behind any of your claims. YUO ARE NOT A SAVIOR TO ANYONE HERE. You are just hurting people and hindering people and representing your gender like the irrational, cold blooded, unlogical gender we all believe you to be. Now, seriously, If you want to continue to believe this method does not work, and you feel you genuinely need to help here, then post up charts, PROVE this method is wrong. Because i can prove it does work and im sick of you negative, "i think i know it all's", coming in here and trashing something that is dear to my heart, and to my pocket book.

You have not shown any facts. Noone has, not one fact to disprove this method. And the fact remains to be true. Every jacko member posting is happy with the knowledge and education. It remains to be an incredible value for the money, compared to other services, schools, methods, etc.. And it has been free to me since the second trade i put in. Noone is trying to place jacko on a pedestal nor say this is the holy grail. But, wherever people find success, you will find haters. All you haters really do is to verify someone else is having success. Babefx if you know so much about trading, start a thread. REALLY show us whats right and wrong and how it needs to be done. PUT your ass on the line like jacko has. Because if your not willing to that, then your nothing but a hippocrit.

bulls

Quoting BabeFX
2. I have posted on this thread numerous times before & I have found that there have always been a "Die Hard Nucleus of Groupies" that actively
promote Jacko's paid service, when common sense should have dictated
This is why yuo need to get a grasp on yourself. Noone promotes anything here. We express gratitude and appreciation for what weve learned, especially when new members keep asking for feedback. Ill back jacko any day. Its more and more apparent you simply didnt get it, so you put it down. If i researched your posts babefx, i guarantee you, i could prove you have no business posting advice to others. Now do us all a favor and put it on ice.
Whats happening in EUR/USD should be happening to you!
  • #10,214
  • Jan 12, 2010 3:41pm Jan 12, 2010 3:41pm
Please note that these don't necessarily correspond to Jacko's charts (i.e. Jacko would not have MA's or RSI - just the 50% fibs and S/R, but I incorporate my own methods from other teachings into my analysis
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 16 KB
Click to Enlarge Name: eu2.gif Size: 17 KB
  • #10,215
  • Jan 12, 2010 5:13pm Jan 12, 2010 5:13pm
Quoting lovejoy80
Please note that these don't necessarily correspond to Jacko's charts (i.e. Jacko would not have MA's or RSI - just the 50% fibs and S/R, but I incorporate my own methods from other teachings into my analysis
OK got the charts, but whats your plan for the next trade?
  • #10,216
  • Jan 12, 2010 7:51pm Jan 12, 2010 7:51pm
Quoting garrye
lovejoy one because he makes his money selling a service 2 because my background is marketing and sales .you dont see jacko doing it.go look at fxtrader29 marketing for the service got his own thread.open your eyes.then go look at fosho14 ,im not the one trying to take people for a ride.wild personal attacks where my friend read my posts from the start,as for relevance what do you know, maybe you belive in santa im on the inside looking out not the other way around,like i said you dont see the wood for the trees,as for a pip count lets get real...
Mate, I am not marketing any services. I am a professional who is merely stating that I have found a service that has been very valuable to me. If I bought a car from a Car Dealer and I was super happy with the deal, I would tell all my mates and anyone I knew who was interested in buying a car to go to that Car Dealer for a good deal .
I am super happy with being in Jacko's trading group. I checked it all out before I joined ( http://www.forexfactory.com/showpost.php?p=3018303&postcount=539 ) and have NOT been disappointed.
  • #10,217
  • Jan 12, 2010 10:18pm Jan 12, 2010 10:18pm
Quoting fxtrader29
Mate, I am not marketing any services. I am a professional who is merely stating that I have found a service that has been very valuable to me. If I bought a car from a Car Dealer and I was super happy with the deal, I would tell all my mates and anyone I knew who was interested in buying a car to go to that Car Dealer for a good deal .
I am super happy with being in Jacko's trading group. I checked it all out before I joined ( http://www.forexfactory.com/showpost.php?p=3018303&postcount=539 ) and have NOT been disappointed.
im going to be professional too good luck to you and everyone else in trading
student
  • #10,218
  • Jan 13, 2010 1:07am Jan 13, 2010 1:07am
Quoting Fx_Genius
OK got the charts, but whats your plan for the next trade?
Sitting and waiting for direction...if the price breaks the recent congested channel to the upside I'd be looking for a breakout style trade...ie breakout and pull back...I would expect the price to then reach the 50% fib which would be my target.

If I see some price action on the lower time frames (4H and 1H) at the top of the channel suggesting some downward movement I'd be going short there (i.e. J16 methods)

Also, On the downside I have an AH trade potentially pending further down from a Jacko style recent trafe after the NFP.

Thus in summary I'm looking for an indication that we are either going to break out of the range long or continue within the range and head towards the bottom of the channel...untilI see confirmation of this I'm on the sidelines.
  • #10,219
  • Jan 13, 2010 1:51am Jan 13, 2010 1:51am
Quoting lovejoy80
Sitting and waiting for direction...if the price breaks the recent congested channel to the upside I'd be looking for a breakout style trade...ie breakout and pull back...I would expect the price to then reach the 50% fib which would be my target.
Thanks Lovejoy for putting the thread back on track
Dance with the market .. I have two left feet
  • #10,220
  • Jan 13, 2010 2:10am Jan 13, 2010 2:10am
im short from 14550 looking for it to go below 14456 ds1 and i think were on a ride down my stops at be so if it retrace to 14550 and takes a close above dr1 then we could ride to old fib level 14700 but im short bias
student
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