ONLY FOR PEOPLE IN LIVE TRADES-Jacko's Pleasure and Pain conversations

[rr112]

Mr. Bernanke-

What are some of the forces driving medium/long term trends (interest rate outlook FOMC vs ECB?)

Thank you!

[BenBernanke]

go to a library and read every book about FED
u may enroll in Princeton... I can give you a discount

[BeginnerTrader]

Ben,

good to see yu here .....how is the policy firming going ?

[icarus]

hey bt you still here?

well that sucked! stopped out -28 pips.... i new i should of set that stop for 1 pip lol

well it's the start of another busy day, i'll be able to trade more next week (with any luck)

later

[BeginnerTrader]

YES i am here .......

i was thinking of taking a 1.2025 SHORT .......lol now i am thinking of taking a 1.2060 SHORT.......i am just gonna hold on to my horse for now

[BeginnerTrader]

SHORT EUR/USD @ 1.2070 S/L 1.2115 T/P Open !

[jacko]

Originally Posted by jacko Hi pipforme, As stated about two weeks ago, I believe that this market has now changed from a bear market to a bull market As such, I will now be taking all my positions from the "long" side (as I dont like trading against the trend). Just gone long EURO $1mill at 2010 Looking to add more later .

I think that buying euros at anything under 2100 is good buying...under 2050 (on a retracement) is excellent buying...

Look for at least 200 pips...

Good time to make some serious money boys and girls !!!!!


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[creuson]

Originally Posted by jacko I think that buying euros at anything under 2100 is good buying...under 2050 (on a retracement) is excellent buying... Look for at least 200 pips... Good time to make some serious money boys and girls !!!!! .

Thanks jacko.
I'm agree with you

[fxbear]

hi barman and the gang,
its been along time since i visited euro camp.
the bear is back selling eurusd at 1.2095 (target 1.1960s)
----, i just read jack's post above. maybe i was pissed when i clicked that bottom
maybe i need some hard alcohol to get through this one.

Also selling eurjpy at 141.95 (target 139.60s)

[jacko]

Originally Posted by creuson Thanks jacko. I'm agree with you

My opinion...for what it is worth...

We are the start ...(actually, the turning point was November 15 2005)...
of a major bull run in the Euro that may continue for maybe 1 or 2 glorious years.

The strategy is not difficult...buy and hold...then buy some more...then buy some more...

No need to over-leverage...refer to breeze's unfortunate adventure where he lost 60% of his trading account virtually overnight....just buy and hold for the first 200 pips...but be prepared that this market may retrace in the next couple of days...but if it does, it is an excellent opportunity to go "long" at some bargain price levels...

I seriously doubt that we will see under 1200 again in the near future unless there is a major disaster /calamity/new war etc

I personally won't be shorting this market again. It is not worth the pain of betting against the trend...

I will also be trading from the longer term view from now on...I am seriously loaded with "longs" from the low 1200's and will probably just buy more every time the market goes up 100 pips.

So I won't be making too many comments here in the future...but I will be watching with interest




But then again, I could be wwwwwwrong!!!!

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[fxbear]

if you want to load up on those long and avoid paying rollover interest then i suggest that you adjust the leverage setting on the account.
That is put it to 1% leverage (which is half the interest payment as a 2% account).... or better still, set it at 2% zero interest.

your broker should be able to help... so ask them

[jacko]

Originally Posted by fxbear if you want to load up on those long and avoid paying rollover interest then i suggest that you adjust the leverage setting on the account. That is put it to 1% leverage (which is half the interest payment as a 2% account).... or better still, set it at 2% zero interest. your broker should be able to help... so ask them

Thanks fxbear,

I think I will wait a week or so before I do that..

I might be wwwwrong (I have trouble saying that word...LOL)

I might wait until I am 200 pips ahead of my average buy-in price...


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[icarus]

g-day peeps in short in cable land @.7405 looking for lots of pips

[BenBernanke]

Jacko why is it 15Nov 2005 for the trend change ?

[jacko]

Originally Posted by BenBernanke Jacko why is it 15Nov 2005 for the trend change ?

Look at daily chart...Nov 15 2005 is the low point where the chart changes direction...


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