GBP/CAD: Looking for Level 2. I went ahead and placed a BUY, let's see how long the MM drags their feet to continue going up. I used 4H this time PokerChip!
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Break Out + Pull Back & Pure Break Outs 59 replies
BB break + trendline break 24 replies
DislikedJail_EA -Added Break Even as protection BE = 30 if BE > 0 when price move and pass 30 pips in favor SL will move 1 pip above entered price and after that no more action will be done. when activated "Break Even will show right to EA Activated - Added on/off button at the top left corner, - Buy and Sell lines will be drawn when the price is set and can be adjusted by dragging them on the screen - Visuals and On/Off do not work through strategy tester and hopefully you shouldn't need this anymore. {image} no more improvement will be done for this EA,...Ignored
Disliked{quote} Once you make the switch to the 4 hour chart, you will not miss the 1 hour chart. The 4 hour chart will make you a more discipline trader, a all around better trader. Market makers hate discipline traders, because they make very little profit from them. Market makers want gamblers, dice throwers in forex. Las Vegas style traders. No future being a Las Vegas style trader, Las Vegas was built on losers, ha I should know I was a loser in the beginning.Ignored
DislikedQuick question regarding your USD/JPY 4 hour chart PC... How do you know level 3 isn't the reversal instead of a level and also how do you estimate where new levels will form? Really interesting thread and style of trading you got going here. Hoping I can get to understand it a bit more before trying it out in demo. Thanks in advanceIgnored
DislikedGBP/CAD: Going up into profit just as PC's Jailbreak System called it. It is so exciting to finally see green numbers in my P/L PokerChip, THANK YOU for sharing your system and having such a great group of traders. {image}Ignored
Disliked{quote} Also I saw on your pictures with the blue boxes you have some whipsaw and some ridges but there are times where you totally skipped a candle or ignored its breakout and you still formed a blue box around those candles. Can you, please, outline the way how exactly we can identify those regions. Like being more specific, like some strategies that mention to count candles backwards 5 times or 8 times and something alike. I mean this is just a beginner question so thats why Im trying to wrap my head around it and identify regions more precisely...Ignored
Disliked{quote} glad to see you are using EA -remember EA will not close trade if not working what do you think about EAIgnored
DislikedHi Poker Chip - I remember you saying that you take around 3 trades a day? Whilst I was able to spot a lot of opportunities last week, having looked at the charts today I've struggled to find anything that stands out to trade. I've put a few on (just demo) but they're not what I'd call A+ trades, just more to have something to do. Is this normal and have you found good opportunities to trade today?Ignored
Disliked{quote} Dead PokerChip, When you say 3 phases and when you say we need to make our move on the 3rd phase do you mean the third blue box like highlighted below?! {image}Ignored
Disliked{quote} I made 3 trades today, 2 buy trades in GBP/CAD and 1 buy trade in USD/JPY. I had a good day. I'm still stuck 3 times in USD/JPY. Waiting for that pair to start moving higher.Ignored