Trading Euro ONLY for Jacko Style traders
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Thread: Trading Euro ONLY for Jacko Style traders

  1. #1
    Dear Jacko s and wannabe turtles,

    I decided to open this thread as opposed to Jacko's own diary in order to get away from the BS which has been cluttering that thread , that even kept from posting our most valued member, Jacko himself.

    This ribbon will be just about trading in Jacko's design - which is utilizing just Jacko's method. Anyone who is a turtle of Jacko or not, however nevertheless trading Jacko's style, is more than welcome to post here his transactions. I intend to make this thread for a diary of our live transactions on Euro, with live calls when you take a position and with the number of pips that you profit or lose on every transaction. This way we can learn from each other and also learn how to have a larger advantage of Jacko's easy trading egy. In any case, this way Tdion will be pleased also, since he maintained asking turtles to post their live transactions.

    However, before we start, I would like to record a few conditions I'm asking anyone posting here to RESPECT:

    1. Since here we exchange just jacko's style trading, we don't go over the validity of the egy. If you believe Jacko's egy doesnt work, go everywhere.
    2. No assistance for newbies who cant help themselves - newbies who have no idea about what's the egy are likely to read and find out it before asking stupid questions. Look for the thread in the Journal section and do your homework before being bothersome.
    3. No modifiion of the technique is accepted. We won't discuss how to include filters to an already working egy. So no MAs, zero indies, round numbers and just TLs, Fibs.
    4. Coming shortly....

    I financed a 100$ account on Interbank FX with which I intend to exchange just Jacko's design for 3 months.In case I'm positive, I'll add more cash afterwards.

    So lets get to work...

    P.S. no need for articles like good thread or I like this thread, I'll post soon. Please, try to stay together with the essential, that's posting transactions utilizing Jacko's method. Thanx.

  2. #2
    Quote Originally Posted by ;
    im still in with one lot because 1.3000!!!! I never was 1000 pips in profit )
    If these were maybe 200 contracts like Jacko trades, I would have taken a 1 year old holiday. However, they're only 100$ in profit
    I dont even have the guts to get into now, coz I really find this movement as overextended, but it still has room to go to 4100. The ability of the up push is impressive. Someone should really hate the $ now.
    Very nice with the 1000 pip run. I'm like you I'm not expecting my trading however to live off it. I'm still in demonion and will finance my account this week. But until today was having second thoughts with my demo transactions breaking even. With 190 pips in the bank, and hopefully we are from this range trading I feel like I'm all set to earn some $$$$.


    I'm with you on being overextended, I think that it has made its run and we'll see it drop back to about 1.32 or 1.31. But I think that the long-term trend will be up! With the US gov bailing everyone out, they will begin to publish tons of cash and that should weaken the dollar. Lets see.

  3. #3
    Quote Originally Posted by ;
    I'm with you being overextended, I think it's made its run and we will see it fall back to about 1.32 or even 1.31.
    If and when it does fall, I am set up to ch it on the way down. I understand its not Jacko's way but I think its set up for a good fall.

  4. #4
    Quote Originally Posted by ;
    Really nice with all the 1000 pip run. I am like you I am not trusting my trading yet to live it off. I am still in demo and will finance my account today. But until today was having second thoughts with my demo trades breaking even. Together with 190 pips at the bank, and we are from this range trading that I feel like I am ready to earn some $$$$$$.


    I am with you on being overextended, I think that it's made its run and we'll see it fall back to around 1.32 or even 1.31. However, I believe that the long-term trend is going to be up! Together with the US gov bailing everyone out, they...
    wish u luck with your new account. Trade carefully since real trading is very different from demo, the plogical element is actually important.
    That I don't have any idea yet where the euro could invisibly, it might be fast and strong or simply very shallow. . .or it might even reach 4300 before any retracement. The rest of the crosses began already a strong retracement today, only Euro seems to be holding up really stubbornly.

  5. #5
    Damn, this is quite a hell of a ride. I entered on more lot at will, around 4200. Already 150 in profit and trailing by 100 TSL.
    4300 is broken so that I assume 4900 is next. This euro rally was historical, there wasn't ever something like that before in the euro history.
    We are living historical moments and make some nice profits. I wish I had a much much bigger account now.

  6. #6
    Quote Originally Posted by ;
    damn, this is quite a hell of a ride. I entered long on more lot at will. Now already 150 in profit and monitoring by 100 TSL.
    4300 is broken so that I suppose 4900 is next. This euro rally is historic, there was never ever something like that earlier in the euro history.
    We're residing historical moments and hopefully make some nice profits. I wish I had a far much larger account today.
    Ok time to take the plunge, I simply financed my account and ready to make some real $$$$.

    4900 here we encounter.

  7. #7
    Quote Originally Posted by ;
    Okay time to take the dip, I simply funded my account and ready to make some real $$$$$.

    4900 here we encounter.
    Congrats!

    You might want to read this hyperlink.

    Https://www.forexforum.co.za/trading...o-journal.html

    you might be right about the 1.49 however I've been in 4 trades (All Winners) the previous 2 days and in long now. Because I have been operating a tighter SL (50-100) than I do due to the rapid rise it could drop just as fast. It might take me outside, I will return in. My trades last for days.

  8. #8
    IF (And it is one HUGE if) the current tendency, as brief as it may be, if it were to last. . 1.6 on 12/23/2008 (Top chart, Daily). The retreat from 1.6 down to 1.25 and back to where we are not tendencies but more of a collapse and recovery compared to trend earlier (Bottom chart, Weekly). I think it might possible (1.6). Maybe. Just my two pips.

    P.S. Missed out on the last run. Got stopped right before the jog at BE.


  9. #9
    Anyone have their results for the past couple of months? Could be interesting to see.

  10. #10
    Quote Originally Posted by ;
    Anyone have their results for the last few months? Could be interesting to see.
    I changed from trading Jacko design to J16 PA. it is much more reliable, more accurate and it takes less time, because I trade only daily charts today. I am not posting anymore onforexforum.co.zareading J16 and trading.

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