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Jacko's Forex House of Pleasure and Pain

  • #10,541
  • Mar 2, 2010 5:28pm Mar 2, 2010 5:28pm
Hi
mongreldog66 (http://www.forexfactory.com/member.php?u=71265)

Congratulations.

Judging by your post you should be well on your way to financial security.

Regards,

BabeFX.
  • #10,542
  • Mar 3, 2010 1:09am Mar 3, 2010 1:09am
Just a "Heads Up"

Take a look at the Weekly Chart


Regards,


BabeFX.
Attached Image (click to enlarge)
Click to Enlarge Name: weeklyeurusd030310.gif Size: 49 KB
  • #10,543
  • Mar 3, 2010 1:38am Mar 3, 2010 1:38am
Quoting BabeFX
Just a "Heads Up"

Take a look at the Weekly Chart


Regards,


BabeFX.
Very interesting Babe, also currently at 61 fib of the last low March 09 on the weekly chart.
What you do is a reflection of you....what I do is a reflection of me.
  • #10,544
  • Mar 3, 2010 8:00pm Mar 3, 2010 8:00pm
Quoting BabeFX
Just a "Heads Up"

Take a look at the Weekly Chart


Regards,


BabeFX.

Yeah, it hardly looks like a time to be making short trades such as yesterday and today.
Starting to see instead of just looking.
  • #10,545
  • Mar 4, 2010 12:24am Mar 4, 2010 12:24am
Quoting kenkomo
Why listen to the Apprentice when you can listen to the Master? No disrespect to DanUK, but he is one of the Master's apprentices.

If Jacko's fee is the reason, then you can't be too serious about making a career out of forex trading. If I have a question about a trade which is costing me $20 a pip, I want an answer from the Master. I want all the benefit of his knowledge and experience.

http://www.forexfactory.com/showpost.php?p=3336833&postcount=54
cracks me up everytime i read it
student
  • #10,546
  • Mar 4, 2010 12:29am Mar 4, 2010 12:29am
Quoting chatzi
Hi Guys,

DO you guys see a potential trend change in the 4hour, its hitting some hard support and weekly 61.8 fib, as well as breaking the recent few months trendline?

Im in anyway, I see it going to 1.3750 before finding some resitance.
we nearly got there mate,lets see what happens today
student
  • #10,547
  • Mar 4, 2010 1:42am Mar 4, 2010 1:42am
Quoting Ezzy
Very interesting Babe, also currently at 61 fib of the last low March 09 on the weekly chart.

Hi Ezzy,

Yes I had failed to mention that this retracement level had already been pointed out by "James 16" on one of his brief visits to this thread.

Regards,

BabeFX.
  • #10,548
  • Mar 4, 2010 4:05am Mar 4, 2010 4:05am
Thanks Babe FX for your info and link from a fellow Brit (Swansea). Sorry a little slow responding, but trying to eliminate info overload and filtering out all the useless info - of which this and your recommended site are most certainly not. Once again thanks!
  • #10,549
  • Mar 4, 2010 9:37am Mar 4, 2010 9:37am
Quoting BabeFX
Just a "Heads Up"

Take a look at the Weekly Chart


Regards,


BabeFX.

OMG babefx, thanx for pointing out information that noone on here would ever think to look at. what do we do babefx? Your trading skills are beyond the comprehension of us all. Please elaborate. Is the euro going up, or going down? and why? Please bless us with your infinite knowledge of the markets!

O, thank god for babefx, she is saving our trading accts.
Whats happening in EUR/USD should be happening to you!
  • #10,550
  • Mar 4, 2010 9:50am Mar 4, 2010 9:50am
Quoting BullsAndBear
OMG babefx, thanx for pointing out information that noone on here would ever think to look at. what do we do babefx? Your trading skills are beyond the comprehension of us all. Please elaborate. Is the euro going up, or going down? and why? Please bless us with your infinite knowledge of the markets!

O, thank god for babefx, she is saving our trading accts.
it sounds like sarcasm to me. we are all here to learn from one another so cut the sarcasm out and show some humility.
imo, the chart shows that the bears is exhausted. if this week candle or even today/tmw's candles fail to break further beyond the 1.3430, we should seriously consider longing the pair
  • #10,551
  • Mar 4, 2010 10:00am Mar 4, 2010 10:00am
Quoting herzog21
it sounds like sarcasm to me.
Well then, you are as observant as our trading goddess, babefx. Is that really what that means? Look for longs? This trading thing can get so confusing. Up and down, which WAY will it go next? Im just going to wait for babefx to post her trades and explain why, so i can follow and make millions. Im just so happy she is here to SAVE US......
Whats happening in EUR/USD should be happening to you!
  • #10,552
  • Mar 4, 2010 12:37pm Mar 4, 2010 12:37pm
Could you tell us what quarterly returns jacko has been making for the past couple of years? Im interested in joining. 2 years of results says a lot more than 6 months worth and as I understand it jacko trades a bit differently now to his earlier days where he posted live trades.
The greatest force on earth is compound interest.
  • #10,553
  • Mar 4, 2010 3:48pm Mar 4, 2010 3:48pm
Quoting sebastionay
Could you tell us what quarterly returns jacko has been making for the past couple of years? Im interested in joining. 2 years of results says a lot more than 6 months worth and as I understand it jacko trades a bit differently now to his earlier days where he posted live trades.
sebastionay,

If that question was aimed at me, honestly i dont keep track of his returns. If you are asking exact numbers. Id have to go back and add it all up. My own trading has evolved to a point where i dont just use jacko as a signal service. I choose to look for my own levels of support and reistance. BUT I can say that jacko has been extremely successful in following his trades since ive joined and thanks to him my tuition money was made back very quickly. I dont know anyone that has the fundamental insight that jacko has, for that reason alone I plan on staying a member for sometime. Trading is his business, it is his life and he is very passionate about it. I have noticed his trading style change in the last few months, but so has the market conditions. I think a trader will need to adapt to different condtions in the market and be confident in looking at s/r lvls to place those trades in the right direction. Jacko has taken countertrend trades lately which he didnt do so much before. But when he does this, jacko is very open and honest about that fact and will tell you when he is taking on more risk so you can opt to stay out if your not comfortable with risk. There are some people here being extremely negative about his trading for no good reason. There is not a trader on earth that can bat 100%, losing is apart of trading, so you cant put someone down if they lose a few, esp when they put their ass on the line by stating their trades and the reasons why out in the open. I would recommed the service to anyone. And that is not a marketing ploy for jacko as i have no affiliation with him. That is me stating my personal feelings about jackos service by being a member for almost an entire year. I speak from experience.
Whats happening in EUR/USD should be happening to you!
  • #10,554
  • Mar 4, 2010 7:37pm Mar 4, 2010 7:37pm
Hello to all,

Anyone interested in discussing / analyzing potential set ups according to the system / style of trading, described in the first few posts?

Just trying to learn and practice whats been taught by the thread owner.

Cheers to all.

Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #10,555
  • Mar 4, 2010 9:00pm Mar 4, 2010 9:00pm
Quoting BullsAndBear
sebastionay,

If that question was aimed at me, honestly i dont keep track of his returns. If you are asking exact numbers. Id have to go back and add it all up. My own trading has evolved to a point where i dont just use jacko as a signal service. I choose to look for my own levels of support and reistance. BUT I can say that jacko has been extremely successful in following his trades since ive joined and thanks to him my tuition money was made back very quickly. I dont know anyone that has the fundamental insight that jacko has, for that reason...

A rough estimate of the quarterly % gains would do, just as a guide. I didnt notice anybody being negative about jacko.
The greatest force on earth is compound interest.
  • #10,556
  • Edited 10:15pm Mar 4, 2010 9:57pm | Edited 10:15pm
Quoting BabeFX
Hi BallsAndBeer,

I am unable to answer your question in relation to the next port of call for the Euro/USD . But I am sure that your mentor "Jacko" will be able to give you a very accurate assessment as to both the direction and destination target for the pair.

Kind regards,

BabeFX.
Babefx,

He gives assessment 5 days a week. This I already know. And he backs it by putting his ass and reputation on the line. It takes a big pair of "you know wuts" to do that 5 days a week or a sound knowledge of trading, actually, BOTH. The truth is NOONE knows. The only people that have the inside scoop are the hedge fund managers that are beating the euro down so they can buy it back later at a discount. And even they dont actually "know". But if you want to bash someone for giving their best educated guess based on experience and a sound trading strategy, then you should back it by putting your money where your mouth is. I cant believe your still here when you have no interest in furthering this trading system.

On another note I came across some great news coverage today on that very subject. enjoy...

http://www.youtube.com/watch?v=8XRFII9AiQc&feature=player_embedded


Quoting sebastionay
A rough estimate of the quarterly % gains would do, just as a guide. I didnt notice anybody being negative about jacko.

sebastionay,

I have not kept financial records on jackos gains and losses. In other words, your asking me to spend hours going back and looking at alot of trading data and that just not feasible. I have not used him as a signal service for many many months. And he really doesnt advertise a signal service. I can tell you that he is a winner. I know he wins alot more than he loses and i do know that he has not had a losing quarter since i have been on board. Before I joined the turtles i was developing my own strategy and jacko gave me the understanding to finish my own system. But it will take years to get the sound fundamental analysis he provides. i know some members that took his every trade analysis both with and counter trend analysis and made a killing, not sure if there still here as i drop in only occassionally. If you want to know more i would just email jacko and ask him.

Jacko is for real, just like james16 and a few others here are for real. Im not sure why they keep coming back to help but i am sure glad they do.

take care
bb
Whats happening in EUR/USD should be happening to you!
  • #10,557
  • Edited 10:39pm Mar 4, 2010 10:28pm | Edited 10:39pm
Quoting sebastionay
A rough estimate of the quarterly % gains would do, just as a guide. I didnt notice anybody being negative about jacko.
Nobody can be negative about jacko because he does not lose money.
I emailed him last week and he had slowed his trading down over the last three months because of a family sickness issue. (Mrs Jackson's mum) He went back to America two weeks ago to finalise everything. He is now back to trading this week.

He has made money every quarter since he started trading back in 2005. This person (http://www.forexfactory.com/member.php?u=98963) did a check on him and I can confirm those results too.
http://www.forexfactory.com/showpost.php?p=3011445&postcount=472
Thats why it is funny for us members to read the posts of the non members who come here to criticise him. He trades at $2,000 a pip so if he made 1500 pips last year, he is doing handsomely. And he made a damn lot more than 1500 pips last year.
He was one of the best traders here and he only posts here occasionally because of all the simple minded people who want to argue with him to prove that they are a somebody.
What a shame.
  • #10,558
  • Mar 4, 2010 11:28pm Mar 4, 2010 11:28pm
Just don't take his counter trend trades, they run about 90% losers. With trend is the way to go.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #10,559
  • Mar 5, 2010 12:09am Mar 5, 2010 12:09am
Quoting sebastionay
A rough estimate of the quarterly % gains would do, just as a guide. I didnt notice anybody being negative about jacko.
hi mate heres the real deal jacko has made about 300 pips average a quarter the past 2 years.since he started his fund aug2008 he has made around 2000 pips profit so average 19 months.i hope jacko gets a winning trade by the end of this month as the last quarter has been a nightmare for him.as you rightly say nobody is being negative towards jacko,forexmick and daringdave who are a little misleading to say the least feel that way and doing more damage to this thread and jackos rep than anyone.fxmick for crying out loud your posts are a broken record marketing crap,if you are trading for a living from what jacko has shown you one call one chart on this thread just one time share what you are looking at.and stop the bollox
student
  • #10,560
  • Mar 5, 2010 12:14am Mar 5, 2010 12:14am
Quoting LasVahGoose
Just don't take his counter trend trades, they run about 90% losers. With trend is the way to go.
Very true. This trading method did well during the big uptrend in EU. It's not quite so easy now.
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