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The Jail Break System

  • #2,901
  • Dec 4, 2019 5:44am Dec 4, 2019 5:44am
Quoting pamc
{quote} https://www.analyticaltrader.com/pro...ons-indicator/
Pamc...None of this Indicators are REALLY doing better than The one Pat supplied...
  • #2,902
  • Dec 4, 2019 5:53am Dec 4, 2019 5:53am
Quoting Pat Chiko
{quote} EUR CAD Re-entry position Any comments or views are welcome Thank you for helping me...… {image}
... my view

H1: Level 1 down done (box between EMA 50 & EMA 13) - EMA13 below EMA50 in couple of hours?
long wicks on left box indicates there are no buyers anymore and profit taking
current price has EMA50 and EMA13 ahead - easy to break to the upside?
Attached Image


H4: still Level 1 done, EMA13 & EMA800 ahead - traders are selling at EMA800 and fueled the down move
Attached Image


D1: EMA200 (yellow) and Fib 61.8 ahead, broke 50. Fib level to the down side - can price go back over 50 Fib?
Attached Image


W1: EMAs ahead and price back below 23.6 Fib - we see current price is a retrace in the W1 down trend
Attached Image


Summary: ... one could say you are doing exactly what MM's are expecting
Maybe MM's are pushing price higer to attract more buyers - but they also need a lot of fuel to push price up ..

Today is wednesday, personaly I would not buy at this level - in general price movement starts to change direction in the second half of the week :-)

kind regards
Mucky
  • #2,903
  • Dec 4, 2019 6:46am Dec 4, 2019 6:46am
Quoting Mucky
{quote} ... my view H1: Level 1 down done (box between EMA 50 & EMA 13) - EMA13 below EMA50 in couple of hours? long wicks on left box indicates there are no buyers anymore and profit taking current price has EMA50 and EMA13 ahead - easy to break to the upside? {image} H4: still Level 1 done, EMA13 & EMA800 ahead - traders are selling at EMA800 and fueled the down move {image} D1: EMA200 (yellow) and Fib 61.8 ahead, broke 50. Fib level to the down side - can price go back over 50 Fib? {image} W1: EMAs ahead and price back below 23.6 Fib - we see...

Thank You Bucky.


Appreciate your comment and insight of the trade set up.

I learn a lot from your post.

I'm still stuck with one long position for this pair now -3.3 pips

Look forward learning from your again Sir.

Thanks a million pips.....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,904
  • Dec 4, 2019 6:54am Dec 4, 2019 6:54am
Quoting Pat Chiko
{quote} GBP CAD Another round of scalping Any comment and views are welcome. Thank you {image}

GBP CAD


Stopped out

Trade Cost : -19,1 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gcad 110.jpg Size: 159 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,905
  • Dec 4, 2019 6:58am Dec 4, 2019 6:58am
Quoting richy247
{quote} Pamc...None of this Indicators are REALLY doing better than The one Pat supplied...
i dont know. just did a google on them.
  • #2,906
  • Dec 4, 2019 6:58am Dec 4, 2019 6:58am
Quoting Pat Chiko
{quote} GBP USD Another round of scalping {image}

GBP USD

Stopped out

Cost of trading : -28,5 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gu 106.jpg Size: 142 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,907
  • Dec 4, 2019 7:09am Dec 4, 2019 7:09am
AUD CAD


Hi ,

can someone please comment on the marking for the set up.

Is this correctly marked ? and anyway it can be corrected by anyone

Appreciate your comment and view.

Thank you for helping me., i'm still learning
Attached Image (click to enlarge)
Click to Enlarge Name: acad 100.jpg Size: 181 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,908
  • Dec 4, 2019 7:16am Dec 4, 2019 7:16am
Quoting Pat Chiko
AUD CAD Hi , can someone please comment on the marking for the set up. Is this correctly marked ? and anyway it can be corrected by anyone Appreciate your comment and view. Thank you for helping me., i'm still learning {image}
looking good Pat.
  • #2,909
  • Dec 4, 2019 7:22am Dec 4, 2019 7:22am
Quoting lifon
Hi Poker Chip thanks for your thread. Here is some inspiration: https://www.youtube.com/watch?v=E-HRjjWQk6M https://www.youtube.com/watch?v=3tnKok3B1iQ
Understanding patterns - very important
dynamic yet repetitive
like this group of traders
  • #2,910
  • Dec 4, 2019 7:23am Dec 4, 2019 7:23am
Quoting pamc
{quote} looking good Pat.

Thank You Sir,

Hope , someday I become better trader like you.

You can see I loose many trades ( stopped out or/and hard stop )

Still don't have the confident to trade like you and the rest of the geng here


I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,911
  • Dec 4, 2019 7:38am Dec 4, 2019 7:38am
Quoting Pat Chiko
AUD CAD Hi , can someone please comment on the marking for the set up. Is this correctly marked ? and anyway it can be corrected by anyone Appreciate your comment and view. Thank you for helping me., i'm still learning {image}
.. I don't know which method you trade, but in reference to this thread there is not trade setup anyway :-)
Maybe you read at least the first 10 pages of this thread again - makes your live easier - for sure :-)

H1: EMA13 above EMA50 - so no sell yet

Attached Image


... but if you are demo trading and test your intuition - that's another story

kind regards
Mucky
  • #2,912
  • Dec 4, 2019 7:55am Dec 4, 2019 7:55am
Quoting Pat Chiko
{quote} USD CAD Closed all position High impact news later today. Price held by TL. Tiny profit with large exposure. Not a very good trade. {image}

USD CAD


This is what I see for this pair

The set up .

Assuming price is going for "R" after this.

Appreciate your view and comments


Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: ucad 105.jpg Size: 252 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,913
  • Dec 4, 2019 8:19am Dec 4, 2019 8:19am
EJ looking bearish on intraday rn 120.69
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.PNG Size: 33 KB
  • #2,914
  • Dec 4, 2019 8:37am Dec 4, 2019 8:37am
Quoting Lekkim
EJ looking bearish on intraday rn 120.69 {image}
could you explain how you got to that conclusion Please?
  • #2,915
  • Dec 4, 2019 8:40am Dec 4, 2019 8:40am
Quoting richy247
{quote} could you explain how you got to that conclusion Lekkim?
Sure richy
It's what chart suggests - that price is pushed higher than retailers want it.
Because of the speed of it also. Data only from today. Divergence between price and volume
  • #2,916
  • Dec 4, 2019 8:46am Dec 4, 2019 8:46am
Quoting richy247
{quote} could you explain how you got to that conclusion Please?
my guess is High of ADR, combined with daily S & D flip area, but i wouldnt go bearish yet. better wait for/if it reaches 121.400-420 overshoot
  • #2,917
  • Dec 4, 2019 8:50am Dec 4, 2019 8:50am
Quoting Lekkim
{quote} Sure richy It's what chart suggests - that price is pushed higher than retailers want it. Because of the speed of it also. Data only from today. Divergence between price and volume
This was was my comments on gbpgchf was based on also. Since my luck been good in this thread I thought we should try another call, hehe
  • #2,918
  • Dec 4, 2019 8:52am Dec 4, 2019 8:52am
Quoting Lekkim
{quote} Sure richy It's what chart suggests - that price is pushed higher than retailers want it. Because of the speed of it also. Data only from today. Divergence between price and volume
The Red and Green Lines are Volume and Price or Buyers and Sellers?
  • #2,919
  • Dec 4, 2019 8:54am Dec 4, 2019 8:54am
Quoting pamc
{quote} my guess is High of ADR, combined with daily S & D flip area, but i wouldnt go bearish yet. better wait for/if it reaches 121.400-420 overshoot
It seems EURJPY already reversed from Where Im looking ...
  • #2,920
  • Dec 4, 2019 8:56am Dec 4, 2019 8:56am
Quoting Pat Chiko
{quote} EUR CAD Re-entry position Any comments or views are welcome Thank you for helping me...… {image}
EUR CAD


Closed all scalping position before high impact news
Attached Image (click to enlarge)
Click to Enlarge Name: ecad 103.jpg Size: 230 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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