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Jacko's Forex House of Pleasure and Pain

  • #11,141
  • Jul 1, 2010 6:46pm Jul 1, 2010 6:46pm
It's my first post here so be gentle
i am Jacko student for nearly a year so i know what i have learned and i can say i have learned a lot. That's why i have joined his group and i found what i was looking for. Most important thing is, this game is not for kids who can not take responsibility for their action and their money. I do not have a problem with that so i am no asking Jacko why he did that or something else because i may do the same or do something else i got free will plus its my money. So when i here people talking that they did regret joining his group i am a bit confused and wonder what they expect?? Signals ? huge money ? I am more then 30 and i have been learning whole my life and i take every possibility to learn more. I was waiting every day for his comments and i will definitely miss that in the future despite that i may agree with his comments or not. But as i said its free to push the button for everyone. I have learned enough to still be in that business plus being profitable month after month and that's good for me thanks to Jacko and my hard work. I had a lot of teachers in my life and that persons really is one of the best.
  • #11,142
  • Edited 7:30pm Jul 1, 2010 7:02pm | Edited 7:30pm
TAKE IT EASY GUYS!!!!!!

as soon as jacko has a losing quater you all start pissing on him!!!, anyways was it down?

i dont give a flying pig about what he has and has not done in YOUR points of view and it's not right to influence others that are reading this thread.....

sure jacko may have missed the 800 900 pip move, but he saw it coming did all of you capture the move?

jacko may not have, BUT I CERTAINLY DID!!!!!
as he states on his blog "I AM NOT A SIGNAL SERVICE", so go back and read it a few more times, "I AM NOT A SIGNAL SERVICE".

i take all of his trades sure, who would'nt?, with everything i have learnt from a guy who pays it forward, (which is a rare breed in this world of late) i have also got alot of trades on other pairs, he has given me the source of the strategy, and it's now my turn to pick up the ball and roll with it, so in my view that's a "MENTOR" right? exactly.........

so from where i sit those of you willing to bag Jacko, you can kiss my hairy hole!, i got nothing but gold medals for him!
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #11,143
  • Jul 1, 2010 7:16pm Jul 1, 2010 7:16pm
Quoting Chocol8Elvis
TAKE IT EASY GUYS!!!!!!

as soon as jacko has a losing quater you all start pissing on him!!!, anyways was it down?

i dont give a flying pig about what he has and has not done in YOUR points of view and it's not right to influence others that are reading this thread.....

sure jacko may have missed the 800 900 pip move but he saw it coming did all of you capture the move?

jacko may not have, BUT I CERTAINLY DID!!!!!
as he states on his blog "I AM NOT A SIGNAL SERVICE", so go back and read it a few more times, "I AM NOT A SIGNAL SERVICE"....

I am glad to read this post.

Jacko is one of the best traders I have ever been given the opportunity to talk to.

He is a fantastic trader with a great strategy that WORKS.

Again you said it perfectly, he is NOT a signal service. he is a MENTOR and a GREAT one.

I have done a complete 360 on my trading since I have joined his group.

The "infants" on this thread have not a clue how to trade, which I have to believe, is where their negativity towards Jacko comes from.

jonpoler, I've read your post history. if you can find it in your thick brain to take my words seriously you may just better your trading career. take a step back and re-evaluate what you signed up for. you signed up for a "mentoring" process, NOT a "signal service". stop acting like a child, and take some responsibility for YOUR mistakes. YOU are the only one who can turn your trading around, NO ONE ELSE can for you. if all you have learned from Jacko was how to draw a trendline on the chart, you are very behind the other members. Read every post on his blog and I guarantee your trading will improve immensely. I wish you luck in your future trading, but with your recent useless flaming posts towards one of the best traders I've ever known of, you've earned a spot on my ignore list.
  • #11,144
  • Jul 1, 2010 7:46pm Jul 1, 2010 7:46pm
I dont want to slag him, but lets be honest here.

He missed all of the down move from Dec 3rd 1.5140 to 1.1910 June 7th.
Do the maths!
He lost money big time.

I did not join for the signals, only to learn from him.
CP
  • #11,145
  • Jul 1, 2010 7:51pm Jul 1, 2010 7:51pm
You have met him Phonetic?

gosh i live maybe 1 hour from him and i been trying to meet him, but he's just tooo dang busy!!!!!

i now respect the reason why he may not meet with some students, no matter, it will happen, i look forward to it!!!
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #11,146
  • Jul 1, 2010 8:04pm Jul 1, 2010 8:04pm
Quoting crazzypip
I dont want to slag him, but lets be honest here.

He missed all of the down move from Dec 3rd 1.5140 to 1.1910 June 7th.
Do the maths!
He lost money big time.

I did not join for the signals, only to learn from him.
CP

so DID YOU capture any of that move?
did you lose?

everything to gain, besides this move was a FUNDIMENTAL trade remember..........

even still he has been using a different time frame to trade from and still the price action has not met his projected trend lines.....

and to be honest when Jacko said this is purly a fundimental trade i was mc excited!!!!!
first time i got to sit behind a driver who's able to explain what the hell al that jibberish means!!!!
and we all know polititcian's are just puppets of a machine they could not even spell the name of, and yet we have to vote for them and listen to utter rubbish from them, grrrr dont get started on that !!!!!

anyways so some extent i had a idea of what all this meant form jackos posts. which was light years more than i knew before i read anyof his blog!!!!

so when the blog is closed, i will miss the champions direction.
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #11,147
  • Jul 1, 2010 8:18pm Jul 1, 2010 8:18pm
No I dident lose.
I just traded the trend down, as simple as that.
I dont just follow him like a puppet.
But I I'm with you on the polititcian's and greedy bankers.
I still have a lot of respect for Jacko and wish him good luck, I will miss him to.
CP
  • #11,148
  • Jul 1, 2010 10:06pm Jul 1, 2010 10:06pm
Quoting Chocol8Elvis
You have met him Phonetic?

gosh i live maybe 1 hour from him and i been trying to meet him, but he's just tooo dang busy!!!!!

i now respect the reason why he may not meet with some students, no matter, it will happen, i look forward to it!!!

no, sorry if I wasn't clear, I have NOT met him. I live in the USA. Talking as in emailing.
  • #11,149
  • Jul 1, 2010 10:55pm Jul 1, 2010 10:55pm
Is Jacko a brilliant trader? No. Is reading his blog worth paying $500-$700 a year? Probably not. Did he teach a lot of people the basics of how to trade and how not to lose money? Yes. Let's not get carried away with the whole thing IMO.
  • #11,150
  • Jul 2, 2010 12:27am Jul 2, 2010 12:27am
So which part of jacob group still active now?
  • #11,151
  • Jul 6, 2010 4:24am Jul 6, 2010 4:24am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting JoelD
This just gets better and better!!

Seriously, anybody still thinking the Euro is in a down trend??
look at a 1min chart - definately in a massive long trend
  • #11,152
  • Jul 6, 2010 4:26am Jul 6, 2010 4:26am
Hey thanks!
  • #11,153
  • Jul 6, 2010 4:28am Jul 6, 2010 4:28am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting JoelD
Hey thanks!
nope - sorry - chart was upside down - short trend on 30sec charts now
  • #11,154
  • Jul 6, 2010 2:11pm Jul 6, 2010 2:11pm
Quoting captmilkdud
I'll bet dollars to donuts that Jacko comes back from his R&R and kicks a_s_s trading. Then all this negativity will dry up like spit on a hot sidewalk just like it did a month or so ago when he was on fire.

Oh how we forget.


Well I am
How can you be jacko? i am jacko !!

And i am curently taking a good vacation with the money of all those turtles i ripped off !!
After that i will go back to phillipines, and continue blogging for a little while before finding other people to scam.

More seriously:

I am a seller at the resistance line at 1.2750:
If there is somebody that is still interested by trading here, what do you think about this chart:
http://cdn.forexfactory.com/attachme...1&d=1278435655

And do you think that fudamentaly speaking we are still in a downtrend?

Are people buying US bonds? yes.
Are people buying european bonds? yes, but PIIGS bond are a little deserted and the ECB seems to be printing money for them.
So, i am still bearish, but i am concerned about recent news from the US that might do a little sentiment shift (but not for a long time i think).

But, i could be wrong.....

Edit: And my imaginary friend "Mark" is crying because you were all mean to him :-(
  • #11,155
  • Jul 6, 2010 2:28pm Jul 6, 2010 2:28pm
Quoting Dupont
...I am a seller at the resistance line at 1.2750:

So, i am still bearish, but i am concerned about recent news from the US that might do a little sentiment shift (but not for a long time i think).

But, i could be wrong.....
Will you wait for a PA setup there or will you use a limit order. I have my alarms set at 1.2735 and will wait for PA to short from the 1.2735-50 area depending on the time of day it gets there.


OOPS...
I changed my mind...I'm really Mark, disguised as Jacko
  • #11,156
  • Edited 3:01pm Jul 6, 2010 2:38pm | Edited 3:01pm
Quoting captmilkdud
Will you wait for a PA setup there or will you use a limit order. I have my alarms set at 1.2735 and will wait for PA to short from the 1.2735-50 area depending on the time of day it gets there.


OOPS...
I changed my mind...I'm really Mark, disguised as Jacko
I have a sell order.

But when i am in a situation where i can trade fully without risking being interrupted, i tend to remove my orders and watch the price more closely (around supports/resistances only) to buy/sell by myself.

But, i am living very close to London time, some it's not really an issue for me to be available from 4:00 AM NY time (which is the beginning of London trading) until 5:00 PM NY time.

Edit: But i tend to let orders do the job.
  • #11,157
  • Jul 6, 2010 3:48pm Jul 6, 2010 3:48pm
1,2750 looks pretty sweet plus i got 50 fibo of last move (1,3666 on 15.04 till 1,1876 ) and i got it around 1,2777 , but i definitely will not use pending i am not the fan of them i will look for the price for day or two and i will decide no need to rush this time i guess,
take care
  • #11,158
  • Jul 7, 2010 7:29am Jul 7, 2010 7:29am
Quoting eurotrash;38<br /> <br /> <br /> <br /> [COLOR=blue
I've only experienced losses following his trades. But that was what spurred me to look at TA more deeply and ultimately reject it as inherently worthless, and study the market at a much deeper level. So for that I am grateful.
[/color]


Yes,

A large percentage of price action is caused by distress liquidation.
Start working around this principal & you could be on the way to successs.


Regards,


BabeFX
  • #11,159
  • Jul 7, 2010 7:29am Jul 7, 2010 7:29am
Quoting eurotrash
I'm under the impression he has actually been profitable every quarter, though it looks like he won't be this quarter.
You are correct.

Quoting eurotrash
I already paid...based on my own reasons so I don't regret it. In fact it's been absolutely worth it. Not in trading results, I've only experienced losses following his trades. But that was what spurred me to look at TA more deeply and ultimately reject it as inherently worthless....
Technical Analysis is worthless?
  • #11,160
  • Jul 7, 2010 7:35am Jul 7, 2010 7:35am
Quoting BabeFX
A large percentage of price action is caused by distress liquidation.
Start working around this principal & you could be on the way to successs.
Work around it? Do you mean, for example, that all pinbars are not created equally? Like those that happen to occur in traffic, etc.?
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