Jacko's Forex House of Pleasure and Pain | Page 553 | Forex Factory

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Jacko's Forex House of Pleasure and Pain

  • #11,041
  • Jun 4, 2010 12:01am Jun 4, 2010 12:01am
http://www.youtube.com/watch?v=IgzTfgunotE
  • #11,042
  • Jun 4, 2010 1:25am Jun 4, 2010 1:25am
Quoting morfisher
Truly thanks, Market Wizards, do I buy this from Amazon. Bez3000 what does 'very happy turtle mean' just that I have come across this turtle thing a couple of times, I think as a title, turtle method or something. What are your opinions on the 365 wma. You must know it seems to align with the 38 % fib retracement.
It stems from the experiment outlined in this book. http://www.amazon.com/Way-Turtle-Methods-Ordinary-Legendary/dp/007148664X
  • #11,043
  • Jun 4, 2010 2:12am Jun 4, 2010 2:12am
Quoting morfisher
Truly thanks, Market Wizards, do I buy this from Amazon. Bez3000 what does 'very happy turtle mean' just that I have come across this turtle thing a couple of times, I think as a title, turtle method or something. What are your opinions on the 365 wma. You must know it seems to align with the 38 % fib retracment.
Tenapenny is correct the turtle phrase comes from an experiment that succesful trader Richard Dennis did by way of taking people with no experience and turning them into world class traders. I am a member of Jacko's group and i beleive thats what he has done for me, opened my eyes to a succesful style of trading.
i dont use 365 wma, i only use:

  1. Trend Lines
  2. Suppport & Resistance areas
  3. 50% Fibs
  4. Trading from 4h, Daily using higher time frames for a better picture

I dont need anything else on my charts..

  • #11,044
  • Jun 4, 2010 2:19am Jun 4, 2010 2:19am
Kewl ... I trade the same way.

Quoting bez3000
Tenapenny is correct the turtle phrase comes from an experiment that succesful trader Richard Dennis did by way of taking people with no experience and turning them into world class traders. I am a member of Jacko's group and i beleive thats what he has done for me, opened my eyes to a succesful style of trading.
i dont use 365 wma, i only use:

  1. Trend Lines
  2. Suppport & Resistance areas
  3. 50% Fibs
  4. Trading from 4h, Daily using higher time frames for a better picture

I dont need anything else on my charts..

  • #11,045
  • Jun 4, 2010 12:15pm Jun 4, 2010 12:15pm
Quoting bez3000
Tenapenny is correct the turtle phrase comes from an experiment that succesful trader Richard Dennis did by way of taking people with no experience and turning them into world class traders. I am a member of Jacko's group and i beleive thats what he has done for me, opened my eyes to a succesful style of trading.

i dont use 365 wma, i only use:

  1. Trend Lines
  2. Suppport & Resistance areas
  3. 50% Fibs
  4. Trading from 4h, Daily using higher time frames for a better picture

I dont need anything else on my charts..

Hi, is it still possible to join Jacko's group or has he closed it down to new traders ? I've been reading through this thread and would like to join

Dan
  • #11,046
  • Jun 4, 2010 12:27pm Jun 4, 2010 12:27pm
And Jacko missed all of this downtrend ? incredable!
  • #11,047
  • Jun 4, 2010 2:06pm Jun 4, 2010 2:06pm
Quoting dan89
Hi, is it still possible to join Jacko's group or has he closed it down to new traders ? I've been reading through this thread and would like to join

Dan
Hi Dan, welcome to Forex Factory. If you look at the first post I believe you can find Jacko's blog address and email.

I don't know if he is still teaching but you can always try emailing him?
Position trader - Anything intraweek is just noise...
  • #11,048
  • Jun 4, 2010 5:14pm Jun 4, 2010 5:14pm
Quoting Arfer Daily
Hi Dan, welcome to Forex Factory. If you look at the first post I believe you can find Jacko's blog address and email.

I don't know if he is still teaching but you can always try emailing him?
Hey, thanks for the welcome. Yeah i visited his blog/website and emailed him a few days ago. Just waiting for a reply. Im hoping he does still teach, this method of trading is what im looking for ... short day trades are too stressfull for me and im not cosistent with my winnings (intra-day) lol.

Dan
  • #11,049
  • Jun 4, 2010 6:47pm Jun 4, 2010 6:47pm
Re joining Jacko,

I am a Jacko member for about 9 months.
My advice is to go to the Dan UK forum and learn from him and the other Jacko members who trade along side him, ask lots of questions?? they trade more often so you can learn more and its free of charge.
Not to put Jacko down, he is still the boss.

Crazzypip
  • #11,050
  • Edited Jun 5, 2010 1:32am Jun 4, 2010 7:32pm | Edited Jun 5, 2010 1:32am
Quoting dan89
Hey, thanks for the welcome. Yeah i visited his blog/website and emailed him a few days ago. Just waiting for a reply. Im hoping he does still teach, this method of trading is what im looking for ... short day trades are too stressfull for me and im not cosistent with my winnings (intra-day) lol.

Dan

Don't rush into handing over any money. There are some great free resources out there. Just because you pay for something does not make it better.


Just trying to help.
  • #11,051
  • Jun 5, 2010 3:34am Jun 5, 2010 3:34am
Quoting crazzypip
Re joining Jacko,

I am a Jacko member for about 9 months.
My advice is to go to the Dan UK forum and learn from him and the other Jacko members who trade along side him, ask lots of questions?? they trade more often so you can learn more and its free of charge.
Not to put Jacko down, he is still the boss.

Crazzypip
This would be my recommendation as well, Jacko is great and i learnt lots but trading with DanUK is excellent and free and still trading Jacko style just more trades.
  • #11,052
  • Jun 5, 2010 8:42am Jun 5, 2010 8:42am
Quoting Auspip
http://www.youtube.com/watch?v=IgzTfgunotE
I hope the people present didn't have to pay to listen to this guy... I considered it a waste of time and energy just trying to watch the you tube presentation..... Nothing but BS until the last few minutes of segment 10 ... and even then only the entry and exit rule of system one....... with no mention of the position pyramiding that Dennis taught the turtles how to use.
  • #11,053
  • Jun 5, 2010 5:47pm Jun 5, 2010 5:47pm
Quoting fxprocessor
Don't rush into handing over any money. There are some great free resources out there. Just because you pay for something does not make it better.


Just trying to help.
Ditto on that. I would be very weary of anyone who tries to charge money but if I was to recommend anyone of those people it would be Jacko. I emailed him asking if he was accepting new people and it appears he still is. I think I am good with the free resources for now but if and when I am ready to pay someone it would probably be him.
  • #11,054
  • Jun 5, 2010 5:54pm Jun 5, 2010 5:54pm
Quoting tradestar1
I hope the people present didn't have to pay to listen to this guy... I considered it a waste of time and energy just trying to watch the you tube presentation..... Nothing but BS until the last few minutes of segment 10 ... and even then only the entry and exit rule of system one....... with no mention of the position pyramiding that Dennis taught the turtles how to use.
oh my god, what a load of utter bullshit. this videos are just a complete waste of time. spend your time here at the great threads of forexfactory (james16, vsa, jacko, no brainer trades, clockwork) and you will be fine. i am just sorry for the peaople who spend their money for this...
meine augen sind die sterne
  • #11,055
  • Jun 6, 2010 2:55am Jun 6, 2010 2:55am
Quoting aserbfx
oh my god, what a load of utter bullshit. this videos are just a complete waste of time. spend your time here at the great threads of forexfactory (james16, vsa, jacko, no brainer trades, clockwork) and you will be fine. i am just sorry for the peaople who spend their money for this...
I never bothered to listen to it, the kipper tie put me off! Some great advice here and all over FF, the best forum I have come across so far. I am reading all the threads you guys have mentioned and ordered the books, also got an nice tip from a Merlin thread about the ADX indi. I put £500 in a live account with fxcm because they are increasing their minimum account to 5000.00 from the June 13, I will be trading 10k lots.

Many thanks and kind regards.
  • #11,056
  • Jun 6, 2010 5:36am Jun 6, 2010 5:36am
Quoting crazzypip
Re joining Jacko,

I am a Jacko member for about 9 months.
My advice is to go to the Dan UK forum and learn from him and the other Jacko members who trade along side him, ask lots of questions?? they trade more often so you can learn more and its free of charge.
Not to put Jacko down, he is still the boss.

Crazzypip

May i know wheres that forum? I need to discuss my jacko style trade.
  • #11,057
  • Jun 6, 2010 5:52am Jun 6, 2010 5:52am
Quoting aserbfx
oh my god, what a load of utter bullshit. this videos are just a complete waste of time. spend your time here at the great threads of forexfactory (james16, vsa, jacko, no brainer trades, clockwork) and you will be fine. i am just sorry for the peaople who spend their money for this...
May i know vsa is a member name or issit this link:
http://www.forexfactory.com/showthread.php?t=154339

Is this the correct url for the no brainer trades:
http://www.forexfactory.com/showthread.php?t=86429

Are you referring to the "Silent Service Method" by clockwork71?

Quoting luqmanz
May i know wheres that forum? I need to discuss my jacko style trade.
If i am not wrong , this one should be the latest thread by DanUK:
http://www.forexfactory.com/showthread.php?t=221375
  • #11,058
  • Jun 6, 2010 6:26am Jun 6, 2010 6:26am
Quoting luqmanz
May i know wheres that forum? I need to discuss my jacko style trade.
Try this
http://www.forexfactory.com/showthread.php?t=187619
  • #11,059
  • Jun 7, 2010 10:05pm Jun 7, 2010 10:05pm
i cannot find the part where Jacko explain how he exits his trades. If in a uptrend, he entered at the support level, I doubted he would target his exit at the resisitant (suppose we drew the trendlines in a channel).. coz it seems too far and price may fall back. Can someone explain how he would target his exits pls, thanks.

Seems like he is very confident in his anti-hedge strategy, but how is he able to know if a trend change is just around the corner or not when doing this?
  • #11,060
  • Jun 8, 2010 1:39am Jun 8, 2010 1:39am
He uses a 100 pip trailing stop loss. Although sometimes takes partial profits and moves his stops to BE.
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