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Jacko's Forex House of Pleasure and Pain

  • #10,901
  • May 14, 2010 6:04pm May 14, 2010 6:04pm
I've been following this thread for a couple of years and wish I would have got active in forex way back then and joined Jackos group. Is everyone doing ok lately with the euro falling??
  • #10,902
  • May 15, 2010 1:33am May 15, 2010 1:33am
Quoting aemiddy
I've been following this thread for a couple of years and wish I would have got active in forex way back then and joined Jackos group. Is everyone doing ok lately with the euro falling??
We are well. Thank you for asking.

The two small groups are a fabulous group of people/traders. They are serious and they are committed to becoming better traders. I am privileged to have been able to gather such a dedicated and innovative group of people/traders together.

If you want to know more you can read this http://waynejacksonfx.blogspot.com (http://waynejacksonfx.blogspot.com)

or you can contact me on waynejackson111 at Gmail dot com


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  • #10,903
  • May 15, 2010 4:21am May 15, 2010 4:21am
Hey aemiddy.....i joined in Feb 2010 and am OK great i must say......i not only trade EU but other pairs....the GU & CADJPY have been very good to me this week............

i am slowly narrowing down on which pairs i need to concentrate on...used to try trade 29 pairs but am now down to 15Pairs and hopefully by end month i can concentrate on only 9 Pairs.......cheers.........Nice Weekend all............

Quoting aemiddy
I've been following this thread for a couple of years and wish I would have got active in forex way back then and joined Jackos group. Is everyone doing ok lately with the euro falling??
  • #10,904
  • May 15, 2010 3:44pm May 15, 2010 3:44pm
Quoting aemiddy
I've been following this thread for a couple of years and wish I would have got active in forex way back then and joined Jackos group. Is everyone doing ok lately with the euro falling??
Doing VERY well

Hey Jacko! Nice to see you posting again.
  • #10,905
  • May 17, 2010 12:02am May 17, 2010 12:02am
great to see u posting jacko even if its just to plug your signal service,it now half way through may and your still in a loss the euro has fallen thousands of pips from dec and because you cant keep to a set of rules you are in this position, 90% of your ct trades lose after alot of mistakes from the start of the new year you finaly had a few winning trades in april and blew it again by adding too positions leaving over the weekend without s/l no fund manager would ever do that. stick to your rules pratice what you preach, and you will start making profits again for you and your trading groups,i hope you do well and i hope you get many people to join your service because thats the only income you have made this year.DISCIPLINE AND NO REVENGE TRADING.going to be a big week again for traders who can stick to trading rules
student
  • #10,906
  • May 17, 2010 4:13am May 17, 2010 4:13am
Am just wondering why it bothers you soo soo much that Jacko might be marketing his so called signal service as you call it?

I have been following this thread since i joined the soo called signal service and cant help but wonder what you are trying to do..........enlighten me and others who might be wondering the same thing.....garrye.......obviously i do not want to get into some war of words with you and respect your opinion but why/what is it you trying to do here? why are you on this thread?

Quoting garrye
great to see u posting jacko even if its just to plug your signal service,it now half way through may and your still in a loss the euro has fallen thousands of pips from dec and because you cant keep to a set of rules you are in this position, 90% of your ct trades lose after alot of mistakes from the start of the new year you finaly had a few winning trades in april and blew it again by adding too positions leaving over the weekend without s/l no fund manager would ever do that. stick to your rules pratice what you preach, and you will start...
  • #10,907
  • May 17, 2010 5:38am May 17, 2010 5:38am
Quoting Danku
Am just wondering why it bothers you soo soo much that Jacko might be marketing his so called signal service as you call it?

I have been following this thread since i joined the soo called signal service and cant help but wonder what you are trying to do..........enlighten me and others who might be wondering the same thing.....garrye.......obviously i do not want to get into some war of words with you and respect your opinion but why/what is it you trying to do here? why are you on this thread?
jacko can market all he wants this thread is the shop window for his signal service, what im i trying to do is give some free advice to someone i once had respect for, why im i here to give everyone who wants to know a tally at the end of every month of how many trades given and how many pips gained so anyone who wants to know can have that advice for free.good luck in your trading dan i hope you dont follow the sgnals blindly
student
  • #10,908
  • May 17, 2010 6:42am May 17, 2010 6:42am
Thanks garrye......obviously i do not follow blindly....it is my money and not Jackos..................anyway i respect your decision for free advice, whether anyone needs it, reads it, follows it, implements it, is another thing altogether........................but am still confused..............

Quoting garrye
jacko can market all he wants this thread is the shop window for his signal service, what im i trying to do is give some free advice to someone i once had respect for, why im i here to give everyone who wants to know a tally at the end of every month of how many trades given and how many pips gained so anyone who wants to know can have that advice for free.good luck in your trading dan i hope you dont follow the sgnals blindly
  • #10,909
  • May 17, 2010 8:12am May 17, 2010 8:12am
Quoting Danku
Thanks garrye......obviously i do not follow blindly....it is my money and not Jackos..................anyway i respect your decision for free advice, whether anyone needs it, reads it, follows it, implements it, is another thing altogether........................but am still confused..............
garrye is under the impression that you are only a good a trader if you never ever have a bad streak. Good luck to you garrye, I think you are going to be bitterly disappointed in the way trading actually works.
Many choose unhappiness over uncertainty.
  • #10,910
  • May 17, 2010 9:09am May 17, 2010 9:09am
Quoting Dan Gilbert
garrye is under the impression that you are only a good a trader if you never ever have a bad streak. Good luck to you garrye, I think you are going to be bitterly disappointed in the way trading actually works.
I think he's already bitterly disappointed (at himself) and he wants to (as most children do) put the blame on somebody else.
  • #10,911
  • May 17, 2010 9:58am May 17, 2010 9:58am
Quoting Dan Gilbert
garrye is under the impression that you are only a good a trader if you never ever have a bad streak. Good luck to you garrye, I think you are going to be bitterly disappointed in the way trading actually works.
not at all dan,im under the impression that your a good trader if you manage risk thats all we can do so maybe your alittle naive thinking what im thinking unless ur a mind reader,yes i get losses but wth my mm ive never blown a account and i make a nice living from trading not selling signals, so i feel i wont be dissapointed in trading i enjoy it,i also like reading your journal keep up the good work ,maybe dont judge a book by its cover,like you dan alot of people pm me asking about jackos service please be honest was i helpful,say what u feel most people want to know how many pips the signals jacko sends,so im going to update here every month so people can make there own mind up if they want to join.nothing more nothing less good luck trading and keep up that great journal
student
  • #10,912
  • May 17, 2010 10:03am May 17, 2010 10:03am
Quoting captmilkdud
I think he's already bitterly disappointed (at himself) and he wants to (as most children do) put the blame on somebody else.
thiking and knowing two different things,think what u want i dont blame you for anything fight the market not me,you could be a pro trader like me if you did pm me if you need any help
student
  • #10,913
  • Edited 1:43pm May 17, 2010 10:43am | Edited 1:43pm
Quoting garrye
thiking and knowing two different things,think what u want i dont blame you for anything fight the market not me,you could be a pro trader like me if you did pm me if you need any help
PM you if I need any help? I'm not the one in need of help young man. If you were a "pro trader" you wouldn't be in this forum wasting your precious time flaming one, which reflects your immaturity which is something "pro traders" don't have.

Do you really think anyone would seek the advice of an illiterate, immature, mentally challenged, schizophrenic person such as yourself who is so inept with a computer they can't figure out what all those little red lines are that are under every other word he writes in his posts?

BTW, just out of curiousity, how many threads have you been banned from? How did you get unbanned from this one?

Also, a little advice to you and if you want more you can PM ME. Never "fight the market." The deck is stacked in it's favor. As a "pro trader" you should know that.

"now go away or I shall taunt you a second time-a!" (Monty Python's Holy Grail).
  • #10,914
  • May 17, 2010 11:08am May 17, 2010 11:08am
Doing great following Jackos style of trading, i use it on multiple pairs with great results (see DANUK thread). I think its a great way to learn having a mentor to answer any question you might have, if anyone wants any more info please PM me.


Quoting aemiddy
I've been following this thread for a couple of years and wish I would have got active in forex way back then and joined Jackos group. Is everyone doing ok lately with the euro falling??
  • #10,915
  • Edited 11:59am May 17, 2010 11:28am | Edited 11:59am
Good day/evening to you all


There were austerity measures announced few days ago. This itself is not yet the solution to the problem.

""Spain hopes to save $21 billion over two years to reduce its budget deficit, which currently stands at 11 per cent of GDP.""

The deficit cutting will merely slow the accumulation of national debt. Until they go to surplus or balance the budget ,it debt will stay there. As far as i remember , they said that they will cut the deficit with lowering public wages - or said in another way - lowering consumption (provided that they already have 20% unemployment) -> lower expenditure -> lowering GDP (which can be thought of as a rough tax base) -> lowering tax revenue. A.K.A , the dirty old spiral effect.

Same thing goes with Ireland, which is in more sensitive situation.

Interesting thing is that Greece said that it will investigate investment banks actions to seek cause for the crisis (interestingly - crisis is a word of Greek origin). Also - ECB reveals €16.5bn bond purchases.

There was a joke that i heard some time ago:
A boy tells friends:
- in school my nickname was "the wardrobe""
- WHy the wardrobe? everyone asked
-because while people fight, i keep their clothes

So i am currently waiting for the market to start turning down again. Will TRY to be patient and not jump too soon
  • #10,916
  • May 17, 2010 2:24pm May 17, 2010 2:24pm
Quoting garrye
like you dan alot of people pm me asking about jackos service please be honest was i helpful
I already did mention that, that is why I was so confused as to your complete 180 in regards to your feelings toward the method.

I don't even know why I'm responding to this anymore.

Everyone here is pretty aware of the situation at this point I hope lol.....
Many choose unhappiness over uncertainty.
  • #10,917
  • May 18, 2010 12:30am May 18, 2010 12:30am
I agree, this is a crock of a thread


Quoting garrye
great to see u posting jacko even if its just to plug your signal service,it now half way through may and your still in a loss the euro has fallen thousands of pips from dec and because you cant keep to a set of rules you are in this position, 90% of your ct trades lose after alot of mistakes from the start of the new year you finaly had a few winning trades in april and blew it again by adding too positions leaving over the weekend without s/l no fund manager would ever do that. stick to your rules pratice what you preach, and you will start making...
  • #10,918
  • May 18, 2010 1:53am May 18, 2010 1:53am
Ecofin Meeting today in Brussels. One of the points to be discussed is about regulation in financial services . Wanna bet who is targeted?
  • #10,919
  • May 18, 2010 3:38am May 18, 2010 3:38am
If so.....why read the crocks thread?

Quoting alsup1955
I agree, this is a crock of a thread
  • #10,920
  • May 18, 2010 3:39am May 18, 2010 3:39am
Hope this meeting helps us get some retracements on the EurUsd & EurAud............n we short again...........cheers JustPassing

Quoting JustPassing
Ecofin Meeting today in Brussels. One of the points to be discussed is about regulation in financial services . Wanna bet who is targeted?
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