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The ForexMick Trade Journal- Jacko style

  • #161
  • May 4, 2010 7:32am May 4, 2010 7:32am
Quoting forexmick
The three trades closed for 140 pips profit.
No trades left open.
Jacko has made more pips with less trades. He is 210 pips in positive on one trade from the start of this week.
But congratulations Mick on your trades this week. Well done
  • #162
  • May 4, 2010 3:56pm May 4, 2010 3:56pm
Quoting capitalx
Jacko has made more pips with less trades. He is 210 pips in positive on one trade from the start of this week.
But congratulations Mick on your trades this week. Well done
Make that 280 pips in profit. He sold at 3300 and closed at 3020. Maybe trading less is better? Keeps you in the trade.
  • #163
  • May 4, 2010 6:03pm May 4, 2010 6:03pm
Have you closed your long terms Mick ? @ 1.3000 or whats your next target given this greek thing is a big shit sandwich and sending the euro south.
  • #164
  • May 4, 2010 9:45pm May 4, 2010 9:45pm
Subscribing to this thread.. Very interesting.. Good Job..
  • #165
  • May 5, 2010 1:59am May 5, 2010 1:59am
Quoting capitalx
Jacko has made more pips with less trades. He is 210 pips in positive on one trade from the start of this week.
But congratulations Mick on your trades this week. Well done
Jacko had a big score this week of 280 pips from one trade compared to my 140 pips from 3 trades. Thats why he is the master and I am the apprentice. But he is fantastic to learn from.
  • #166
  • May 5, 2010 2:06am May 5, 2010 2:06am
Quoting arrowloopboy
Have you closed your long terms Mick ? @ 1.3000 or whats your next target given this greek thing is a big shit sandwich and sending the euro south.
Yes, a fantastic payoff. I'm a full blown pro trader for the rest of my life now. This is my career.
  • #167
  • May 5, 2010 4:58am May 5, 2010 4:58am
Quoting forexmick
Yes, a fantastic payoff. I'm a full blown pro trader for the rest of my life now. This is my career.
Mick any chance of a loan

That racks up to about 7500 pipps,i hope ya had a tenner a pip on em.

Nice work,fair play.
  • #168
  • May 9, 2010 10:29am May 9, 2010 10:29am
Quoting Naijapipholi
Hello, am thinking of joining the Jacko Turtle's as soon as I ve the resources, I wud just luv to knw how your trading is doing now u are been mentored by Jacko. Since you are also a member of James16, it might be difficult knowing for Jacko alone but since he sends out trade calls, hw many pips does he average weekly. Wat is worst draw down in pips? Am not trading at the moment cos am in school and down here internet is quite a luxury. The few tyms i find I end up forcing a trade with the strategy I learnt here 'the dance' and lose because of that...
Comparing the two systems (Jacko and J-16) is a mistake. They compliment each other.

Many times I have entered using Jacko's method and exited using price action signals that are taught in the J-16 thread. Also using J-16's method to fine tune my entries that were determined using Jacko's method/signal in addition to using J-16 price action to decide if I want to take a trade Jacko is entering.

My suggestion to you is to join Jacko's group AND read the J-16 thread (it's free) to learn about price action. When you can afford it, become a J-16 paid member as there is TONS of extremely useful videos, etc., in the Member's Section. You won't find anything anywhere (at least I haven't) that teaches price action better than J-16. A close second is Nison's Candlesticks.

One of the main benefits to joining Jacko's group is learning the psychology of being a successful trader. You can know all there is to know about price action, etc., but if you don't learn discipline, patience and such as it applies to trading a live account then you are doomed to failure.

Another one of the main benefits from joining Jacko's group is his insight into what is making the market do what it's doing in the present moment. Jacko is very in tune with what is happening in the present, past and has an uncanny ability to project into the future which is invaluable when it comes to making long-short term trading decisions.

Hope you find this useful.
  • #169
  • May 11, 2010 12:55pm May 11, 2010 12:55pm
captmilkdud,

A quick question. I live in the eastern time zone, U.S. and was wondering if there are people in Jacko's group who also trade from the U.S.? It seems much of the action happens overnight, for me at least.

Thanks


Quoting captmilkdud
Comparing the two systems (Jacko and J-16) is a mistake. They compliment each other.

Many times I have entered using Jacko's method and exited using price action signals that are taught in the J-16 thread. Also using J-16's method to fine tune my entries that were determined using Jacko's method/signal in addition to using J-16 price action to decide if I want to take a trade Jacko is entering.

My suggestion to you is to join Jacko's group AND read the J-16 thread (it's free) to learn about price action. When you can afford it, become a J-16...
  • #170
  • May 15, 2010 1:09am May 15, 2010 1:09am
Mike, no trades for two weeks. How many trades do you average per month?
  • #171
  • May 16, 2010 7:30am May 16, 2010 7:30am
Quoting boz5
captmilkdud,

A quick question. I live in the eastern time zone, U.S. and was wondering if there are people in Jacko's group who also trade from the U.S.? It seems much of the action happens overnight, for me at least.

Thanks
I live in the CST area in the U.S. I'm sure there's those that live in EST. I'd say the majority (not by much) of the trades occur in the New York session and the others in London's with an occasional one in the Asian.

Hope that helps.
  • #172
  • May 16, 2010 7:36am May 16, 2010 7:36am
Quoting Four Kids
Mike, no trades for two weeks. How many trades do you average per month?
I think he went off somewhere to spend his winnings and "live the life of Riley" for a while and that's why you haven't seen any posts/trades from him for the past few weeks.
  • #173
  • May 17, 2010 7:22am May 17, 2010 7:22am
Quoting captmilkdud
I think he went off somewhere to spend his winnings and "live the life of Riley" for a while and that's why you haven't seen any posts/trades from him for the past few weeks.
Been in Spain on holidays with the family. Been shorting the GBP, EUR and AUD for three weeks. Only looking at the markets for 1 hour a day and not looked here on FF for the whole time I was in Spain. I am living the life of Riley.
  • #174
  • May 21, 2010 7:01am May 21, 2010 7:01am
16th TRADE It is 8.00am NY time Friday I have SOLD one EUR/USD at 1.2545
  • #175
  • May 21, 2010 7:19am May 21, 2010 7:19am
Quoting forexmick
16th TRADE It is 8.00am NY time Friday I have SOLD one EUR/USD at 1.2545
The EUR/USd has gone 50 pips to 1.2495 so SL has been set to BE. A free trade.
  • #176
  • May 21, 2010 7:22am May 21, 2010 7:22am
17th TRADE It is 8.20am NY time Friday I have SOLD one AUD/USD at 0.8250
  • #177
  • May 21, 2010 8:41am May 21, 2010 8:41am
Quoting forexmick
The EUR/USd has gone 50 pips to 1.2495 so SL has been set to BE. A free trade.
Closed at BE.
  • #178
  • May 21, 2010 8:43am May 21, 2010 8:43am
Quoting forexmick
17th TRADE It is 8.20am NY time Friday I have SOLD one AUD/USD at 0.8250
AUD/USD has moved to 0.8200 . SL moved to BE
  • #179
  • May 21, 2010 9:05am May 21, 2010 9:05am
Quoting forexmick
AUD/USD has moved to 0.8200 . SL moved to BE
Closed at BE.
  • #180
  • May 21, 2010 9:07am May 21, 2010 9:07am
Stops may be too tight in these conditions. Been a bit taffy on these trades. But no loss.
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