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Jacko's Forex House of Pleasure and Pain

  • #11,181
  • Jul 8, 2010 6:56pm Jul 8, 2010 6:56pm
Quoting wwwin
Man, don't you know that good things come to those who wait, but only what the hustlers leave behind?

So you think is close to the trendline, well based on that I am taking this trade
Sell 200 contracts EURUSD @ 1,2694
SL 1.2713
TP 1.2677
OK, closed at 1.2690 for another $8,000

6 hour winning total $20,000

As FXCM says on its ad, trading the euro is easy
  • #11,182
  • Jul 9, 2010 1:54am Jul 9, 2010 1:54am
wwwin, i am with you on this....i see your point but i note some here do not. Anyone can see that the maths add up but they also do not add up.....................and this begs the question............if i trade 200 Contracts and make 12 Pips a day.......and i have done this over a number of years..........why the FUCK would i still be trading after 5 Years?.................something does not add up here and also why would i wait for over 200 Pips on a 200 Contract..........................with this kind of trading i should have been able to bail out Lehman Brothers, Citibank, Morgan Stanley etc etc all by myself infact Master Buffet should be borrowing funds from me................again the maths add up but again they do not add up..........and by the way i am also a Jacko Turtle........................

Quoting wwwin
OK, closed at 1.2690 for another $8,000

6 hour winning total $20,000

As FXCM says on its ad, trading the euro is easy
  • #11,183
  • Jul 9, 2010 10:31am Jul 9, 2010 10:31am
Quoting fxbillie
......
As some one has pointed out, when a currency rises, it takes a while, but when it falls, it is a free fall.....
No no no. These are not stocks, these are pairs of currencies, when one falls the other is rising. This theory of yours applies to stocks, not currencies. They move either way with the same speed. See EURUSD daily.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 129 KB
  • #11,184
  • Edited 2:45pm Jul 9, 2010 12:20pm | Edited 2:45pm
What I take from all of this- is this:

Jacko's method works in a rising market; in a falling market, it does not. Every system has it's advantages and disadvantages. The jacko method has now been made clear.

Jacko, I believe is an honorable man. I arrive at this belief from reading his postings here and on his blog. He has been very forthcoming regarding his performance of the last 6 months. This I know to be fact. Everything else here is just speculation- all of it. What may come to be known about jacko in the coming weeks or months; well, I will remain open minded about it. If he is PROVEN to be a fraud so be it. I don't think this will happen.

I can't imagine being responsible for trading large amounts of other peoples money when my system clearly has lost it's edge. I would retire from all that stress too. "It was fun, now we're done". Life is too short.

The question that keeps burning in my mind is the fund. Is there really one? I'll bet every person that is in the fund (if there is one) reads this thread. Where are they? C'mon you guys and girls, speak up! How much money did you entrust to jacko? Where is it now? Have arrangements been made for it's return? Has the process of returning the money begun? I think this will tell the story we are all dying to hear.

The declaration of silence jacko declared on his members is over, as far as I'm concerned. Please; the people that truly know, should be speaking out now. All this name calling and speculation has gotten old.
  • #11,185
  • Edited 4:51am Jul 14, 2010 4:22am | Edited 4:51am
Quoting DanUK
I dare say the site admin felt the bickering was damaging the reputation of their website so they deleted all the crap. I'm glad they did.

Why don't you focus your efforts to expose on someone like this: http://www.forexfactory.com/showthread.php?t=155533

Should give you something to do for a while.
Better yet. Why not focus on trading. After all, that's what FF is all about.

On that note.

Dan, I notice you use VSA to help determine what the market is doing. Could you point me to a good source for learning it?
  • #11,186
  • Jul 14, 2010 8:19am Jul 14, 2010 8:19am
Quoting captmilkdud
Better yet. Why not focus on trading. After all, that's what FF is all about.

On that note.

Dan, I notice you use VSA to help determine what the market is doing. Could you point me to a good source for learning it?
Hi,

I tend only to use it for intraday stuff - I think Shamus' thread at http://www.forexfactory.com/showthread.php?t=157629 (http://www.forexfactory.com/showthread.php?t=157629) has a lot of good material and it is where I started to learn about VSA. Unfortunately it suffered a similar fate to this thread with a lot of bickering towards the end, after he decided to go commercial. But lots of good stuff nonetheless.

Regards,

Dan
  • #11,187
  • Jul 14, 2010 1:03pm Jul 14, 2010 1:03pm
Quoting DanUK
Hi,

I tend only to use it for intraday stuff - I think Shamus' thread at http://www.forexfactory.com/showthread.php?t=157629 (http://www.forexfactory.com/showthread.php?t=157629) has a lot of good material and it is where I started to learn about VSA. Unfortunately it suffered a similar fate to this thread with a lot of bickering towards the end, after he decided to go commercial. But lots of good stuff nonetheless.

Regards,

Dan
Thanks Dan. The thread seems to still be active despite the naysayers, as this one will also. Can't keep a good thing down.
  • #11,188
  • Jul 17, 2010 2:02pm Jul 17, 2010 2:02pm
I submitted a post yesteray that appears to be deleted, and I have no idea why.

I had referenced some individual results, so if that is it I apologize.

In a tiny nutshell, I just encourage everyone here to see the big picture. I have learned from this thread, but not so much this specific method of trading. The big picture is (1) simplicity, (2) patience, and (3) money management. Reading this thread reset my own mindset on how I needed to trade.

So, whether trading this method, joining his group, or not... don't overcomplicate things.

Pips to all.
  • #11,189
  • Jul 19, 2010 3:38pm Jul 19, 2010 3:38pm
Please I need an EA showing time remaining for the recent candle to close in a chart.

Thanks in advance.
  • #11,190
  • Jul 19, 2010 3:41pm Jul 19, 2010 3:41pm
Quoting fosters
Please I need an EA showing time remaining for the recent candle to close in a chart.

Thanks in advance.
Just search for "EJ candletime"
  • #11,191
  • Jul 20, 2010 1:25pm Jul 20, 2010 1:25pm
here
Attached File(s)
File Type: mq4 EJ_CandleTime.mq4   2 KB | 555 downloads
  • #11,192
  • Jul 26, 2010 8:53am Jul 26, 2010 8:53am
Quoting captmilkdud
Thanks Dan. The thread seems to still be active despite the naysayers, as this one will also. Can't keep a good thing down.
Hello, am still waiting for a reply to my message in your email
  • #11,193
  • Jul 26, 2010 5:50pm Jul 26, 2010 5:50pm
I sent a reply several days ago to your Yahoo account.
  • #11,194
  • Jul 30, 2010 2:15pm Jul 30, 2010 2:15pm
Would you send me private message, want to ask about fund ?
  • #11,195
  • Jul 30, 2010 8:58pm Jul 30, 2010 8:58pm
Quoting Dopey
I'll make this one post and then that's it, I don't want to clutter up Jacko's thread.

Joe DiNapoli has probably done the best work in Fibs from what I've seen over the years....
Hi Dopey,

I have read Joe Dinapoli's book (Trading With Dinapoli Levels). I would like to try everything mentioned on the book, however could not find the required indicators which work for MT4.

Do you have those Dinapoli indicators which work for MT4? And kindly could you share your FibNodes with Excel file?

Thanks in advance....
  • #11,196
  • Jul 31, 2010 8:26am Jul 31, 2010 8:26am
Quoting meepatme
Iv been member of jackos blog for about 2 years. From Jacko I learnt fibs and although i dont use his method i do use his fib method and recently no counter-trending. I use these in t101's method.

Iv also in Jackos managed fund for nearly a year now. He has never had a loosing quater. This maybe the first but iv never had any issue with working with his fund and taken money in and out without any issues.

As the fund is closing end of July am going to be trading pro from aug onwards with my 100k jacko manged for me. Jackos fund has always been...
I have read most of the blog on his trading method. Are you still invested in his fund? Are you trading his trading strategy?
  • #11,197
  • Aug 1, 2010 5:52am Aug 1, 2010 5:52am
I use his fib technique and same sort of sl method. AM in his fund but it finishs on monday.

So iv learnt a few things from jacko for sure. PS using these skills am going pro in a few weeks time .

But I use the t101 method myself but use the fib skills i learnt of jacko and i use a trailing system

Russ
  • #11,198
  • Edited 2:17pm Aug 1, 2010 2:16pm | Edited 2:17pm
Quoting meepatme
I use his fib technique and same sort of sl method. AM in his fund but it finishs on monday.

So iv learnt a few things from jacko for sure. PS using these skills am going pro in a few weeks time .

But I use the t101 method myself but use the fib skills i learnt of jacko and i use a trailing system

Russ

Have you been able to implement the anti-hedge strategy? I am interested in that facet of his trading. What is the t101?
  • #11,199
  • Aug 4, 2010 6:15am Aug 4, 2010 6:15am
Are there any investors in this fund that haven't received their returned funds? There are several complaints that have been made. Those investors who need assistance please send me an email. I will need to know your country of residence.
  • #11,200
  • Aug 4, 2010 10:47am Aug 4, 2010 10:47am
Hi

If any members of jackos private forum can see this perhaps they can help. Do they know if he is contactable anymore? I am looking for another way to contact him other than by the email address on his blog.

I had been in touch with him on his blogs email address a number of weeks ago and he allowed me to join his private site. I have since wired the money to him as requested. It has been wired with about 3 weeks but he has not contacted me since I wired the money to confirm its receipt or give me access to the blog. My subsequent emails have been unanswered. I understand the man is probably very busy or on holidays or temporarily out of contact for some other reason. If one of his members on his private forum could confirm this for me that would be great. Or another means of contacting him (eg alternative email address) would be great also.

Thanks guys
dliddane
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