Jacko's Forex House of Pleasure and Pain | Page 535 | 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

  • #10,681
  • Apr 8, 2010 5:45am Apr 8, 2010 5:45am
Quoting kaydara
Ok,

I am trying to start with this technique, i have a pending sell limit @ 1.33113 with SL 50 Pips, is this correct ? or should i try another entry point ?
The resistance line is just a little above 1.3500, i put a sell order at 1.3500.
The 1.3300 area would be the support line area.

(Not Jacko related: if the price were to hit the support 3 times, it's likely to be a breakout, so i would be selling at the fourth touch with a 50 pips SL).
  • #10,682
  • Apr 8, 2010 12:24pm Apr 8, 2010 12:24pm
Just placed a sell limit @ 1.3409.........seeing some Resistance on the 1.3400.........cheers all.............
  • #10,683
  • Apr 9, 2010 2:59am Apr 9, 2010 2:59am
Quoting Danku
Just placed a sell limit @ 1.3409.........seeing some Resistance on the 1.3400.........cheers all.............
Ya it should work as resistance.Yes we are here now, interesting if it will hold. But after I read a lot of Jacko style trading I think it is a good idea to wait till it begin go down. But sure AH will be there to rescue in case of a hurt soldier.
  • #10,684
  • Apr 9, 2010 3:14am Apr 9, 2010 3:14am
Quoting Danku
Just placed a sell limit @ 1.3409.........seeing some Resistance on the 1.3400.........cheers all.............
IMO you've got in too early...
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 17 KB
  • #10,685
  • Apr 9, 2010 8:22am Apr 9, 2010 8:22am
Please help voting for this polling:

Ingredients of Trading Success
http://www.forexfactory.com/showthread.php?t=229922 (http://www.forexfactory.com/showthread.php?t=229922)

Sorry for those not interested.

.
  • #10,686
  • Apr 9, 2010 9:10am Apr 9, 2010 9:10am
Yeah..........somehow i just love Fridays esp when America Markets are about to open.............COULD BE BIG EUROPEAN BIG BOYS CASHING IN.....and it is usually unpredictable...........so am happy with my +31 pips...................look what just happened on the hourly chart.......................this is giving us a good retracement for Monday shorts........cheers all..............................

Quoting Saintsurfer
Ya it should work as resistance.Yes we are here now, interesting if it will hold. But after I read a lot of Jacko style trading I think it is a good idea to wait till it begin go down. But sure AH will be there to rescue in case of a hurt soldier.
Am going to be watching this like an EAGLE.....................Monday might be abit late to get in....................
  • #10,687
  • Apr 9, 2010 9:28am Apr 9, 2010 9:28am
Any watching this......see the yellow arrows.............i have Resistance at 1.3500 (Interestingly Jacko had mentioned this area) and down TL from 13 January 2010...............personally i am not sure it might reach the 1.3500.............so i am watching this and hoping to place a sell limit at 1.3480 or 1.3485.............lets see how she plays..............cheers...........
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd (4hr).gif Size: 23 KB
  • #10,688
  • Apr 10, 2010 7:15am Apr 10, 2010 7:15am
Hi Guys,

I hope this isnt too far off topic but I was wondering what platform you guys use for trading Jckos method?

Regards
Steve
  • #10,689
  • Apr 10, 2010 8:08am Apr 10, 2010 8:08am
The platform is irrelevant to the method, you can use any platform or broker.
  • #10,690
  • Apr 11, 2010 1:14am Apr 11, 2010 1:14am
Quoting dawsonsg
Hi Guys,

I hope this isnt too far off topic but I was wondering what platform you guys use for trading Jckos method?

Regards
Steve
MT4 is worth a look:
http://www.alpari-us.com/en/forexbasics/mt4_platform.html Broker of course is discretionary. I like the Alpari demo for charting fairly well.

Cheers,
T
  • #10,691
  • Apr 11, 2010 2:59am Apr 11, 2010 2:59am
Hi Guys,

Thanks for the replies.

I used to use ProRealTime and while I think the product is great I think the price is a little expensive for the intra-day option (which Jacko was using until recently for the 4 hour charts.).

I used to use Oanda but they don't have a 4 our option. I think it was only 3 hours.

I was just after what the others that trade Jackos method use for the charts.

Regards
Steve





Quoting tmanbone
MT4 is worth a look:
http://www.alpari-us.com/en/forexbasics/mt4_platform.html Broker of course is discretionary. I like the Alpari demo for charting fairly well.

Cheers,
  • #10,692
  • Apr 11, 2010 4:27am Apr 11, 2010 4:27am
Quoting dawsonsg
Hi Guys,

Thanks for the replies.

I used to use ProRealTime and while I think the product is great I think the price is a little expensive for the intra-day option (which Jacko was using until recently for the 4 hour charts.).

I used to use Oanda but they don't have a 4 our option. I think it was only 3 hours.

I was just after what the others that trade Jackos method use for the charts.

Regards
Steve
http://www.netdania.com/Products/live-streaming-currency-exchange-rates/real-time-forex-charts/FinanceChart.aspx?m=c (http://www.netdania.com/Products/live-streaming-currency-exchange-rates/real-time-forex-charts/FinanceChart.aspx?m=c)

This is free. The MT4 demos are free. No need to pay for real time. You can keep up with Jacko just fine with either one of these.
T
  • #10,693
  • Apr 11, 2010 4:36am Apr 11, 2010 4:36am
http://www.dailyfx.com/charts/netdaniachart/

http://www.netdania.com/Products/live-streaming-currency-exchange-rates/real-time-forex-charts/FinanceChart.aspx

Jacko is a tight ass he users free charts.
  • #10,694
  • Apr 11, 2010 6:02am Apr 11, 2010 6:02am
Quoting dawsonsg
Hi Guys,

Thanks for the replies.

I used to use ProRealTime and while I think the product is great I think the price is a little expensive for the intra-day option (which Jacko was using until recently for the 4 hour charts.).

I used to use Oanda but they don't have a 4 our option. I think it was only 3 hours.

I was just after what the others that trade Jackos method use for the charts.

Regards
Steve
Try http://www.igmarkets.com.au/ they use the same charts as ProRealTime created by IT-Finance.
  • #10,695
  • Apr 11, 2010 6:29am Apr 11, 2010 6:29am
I use Oanda as well but I use MT4 for charting. Can be done.
  • #10,696
  • Apr 11, 2010 3:26pm Apr 11, 2010 3:26pm
My broker no open yet can anyone say what euro/usd opened at today plz?
  • #10,697
  • Apr 11, 2010 3:28pm Apr 11, 2010 3:28pm
currently 1.3630 on oanda.

Up 130 pips from Friday on Greece loan agreement news
  • #10,698
  • Apr 11, 2010 3:31pm Apr 11, 2010 3:31pm
Quoting lovejoy80
currently 1.3630 on oanda.

Up 130 pips from Friday on Greece loan agreement news
ty but i am try to get price market opened at today?
  • #10,699
  • Apr 11, 2010 3:38pm Apr 11, 2010 3:38pm
Quoting driftwood
ty but i am try to get price market opened at today?
That will depend on which broker you use and what time they open..i.e. each broker that opens at a different time will have a different market open price?
  • #10,700
  • Apr 12, 2010 3:03am Apr 12, 2010 3:03am
Quoting forexmick
Maximum Stop Loss is 50-100 pips, depending on how you trade the system.
you should pratice what u preach mick on ur thread which u have banned me from because the truth hurts you saying 140 pips and not stoped out you are a conman marketer pluging jackos service u should be banned from ff by twee
9 traders viewing now