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The Jail Break System

  • #7,841
  • Mar 10, 2020 11:24am Mar 10, 2020 11:24am
Quoting PokerChip
{quote} Roblee, You're right forex trading taxes the human body. Mentally for me it makes it hard to sleep during the night, I'm always waking up. I'm always thinking about charts. I think I have a addiction to trading which isn't good because my mind never shuts down. But this is how I earn my living, I trade forex a lot and I also trade stocks and options. This is the life style of a trader. I don't drink coffee or alcohol, I mean I have a draft beer every 6 months but that's it. So this is my stimulant I guess. I know I'm not alone, think most...
... if you have not already tried, set "night light settings" if possible. Maybe just a little puzzle stone ...

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Mucky
  • #7,842
  • Mar 10, 2020 11:25am Mar 10, 2020 11:25am
Hi PokerChip/TraderRON.

Just come out of all my GBPUSD shorts. Took 3 days to get my money back on my micro account. (£50.00)

I'll try and learn from my mistakes. It was wrong to sell when it was clearly heading north.

Just seen the latest from Trump - A payroll tax cut for 90 days because of the effects of the virus?

Dear knows how it will all pan out.

Thanks to you all.

N
  • #7,843
  • Mar 10, 2020 11:26am Mar 10, 2020 11:26am
Quoting prozor7
stopped @ 1.29774 pending buy @ 1.29614 Above 1.28634 I'm buying every drop
Why ?
Patience, let the trade come to you.
  • #7,844
  • Mar 10, 2020 11:27am Mar 10, 2020 11:27am
Quoting Northumbrian
Hi PokerChip/TraderRON. Just come out of all my GBPUSD shorts. Took 3 days to get my money back on my micro account. (£50.00) I'll try and learn from my mistakes. It was wrong to sell when it was clearly heading north. Just seen the latest from Trump - A payroll tax cut for 90 days because of the effects of the virus? Dear knows how it will all pan out. Thanks to you all. N
I'm glad you made it back.
Patience, let the trade come to you.
  • #7,845
  • Mar 10, 2020 11:35am Mar 10, 2020 11:35am
On GU, I bought in 1.2919 to 1.2923 based on the highs on Feb 27 & 28. I figured the MM would be looking at those levels and lure the buyers. The price went way outside my envelopes on the chart. So I switched to the 1 min TF and placed my trades. Target 1.3000. Good day everyone and trade safe.
  • #7,846
  • Mar 10, 2020 11:46am Mar 10, 2020 11:46am
If you guys are trading stocks I don't think were anywhere close to the bottom on the DOW.

I think were headed to 22,000 and maybe even into the 21,500 neighborhood.

I'm a better forex trader than a stock trader.

But I think were headed to bear market conditions on the DOW.
Patience, let the trade come to you.
  • #7,847
  • Mar 10, 2020 11:59am Mar 10, 2020 11:59am
Quoting PokerChip
{quote} Why ?
above 1.28634 is bullish
below 1.28634 is bearish
price is above 1.28634 so buy
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Forex can only be understood backwards, but it must be traded forwards.
  • #7,848
  • Mar 10, 2020 11:59am Mar 10, 2020 11:59am
[quote=PokerChip;12803154]If you guys are trading stocks I don't think were anywhere close to the bottom on the DOW. I think were headed to 22,000 and maybe even into the 21,500 neighborhood. I'm a better forex trader than a stock trader. But I think were headed to bear market conditions on the DOW.[/quote let it


we will have an abundance of stock for the rich guys to buy major stakes in companies at silly low prices.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,849
  • Edited 12:22pm Mar 10, 2020 12:10pm | Edited 12:22pm
Quoting TraderR0N
Hello traders, I have sold EURGBP at 0.87200. Target at 0.86600. I have sold GBPUSD at 1.31080. Target at 1.30000.
Hello traders,

Just got back home.

Short GBPUSD target achieved at 1.30000.

Still holding on to my short EURGBP.
It just takes times to come.
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10% buy 10% sell 80% waiting
  • #7,850
  • Mar 10, 2020 12:12pm Mar 10, 2020 12:12pm
Quoting prozor7
{quote} above 1.28634 is bullish below 1.28634 is bearish price is above 1.28634 so buy {image}
Okay, I see.
Patience, let the trade come to you.
  • #7,851
  • Mar 10, 2020 12:13pm Mar 10, 2020 12:13pm
Quoting TraderR0N
Short EURUSD at 1.14550. Target at 1.13000 - 1.13500 - 1.12500 - 1.12000. Selling the EURO is the way to go. It is Just getting started Edit : Please trade according to your own comfort risk and can afford to lose with this sheer madness market.
First target had achieved at 1.13500.
Short EURUSD second target achieved at 1.13000.



I’m a happy trader now after losing all my profits and taken all back and + winning profits...
25% profits gained in total.
Ha ha ha..
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10% buy 10% sell 80% waiting
  • #7,852
  • Mar 10, 2020 12:15pm Mar 10, 2020 12:15pm
[quote=billytt;12803183]
Quoting PokerChip
If you guys are trading stocks I don't think were anywhere close to the bottom on the DOW. I think were headed to 22,000 and maybe even into the 21,500 neighborhood. I'm a better forex trader than a stock trader. But I think were headed to bear market conditions on the DOW.[/quote let it we will have an abundance of stock for the rich guys to buy major stakes in companies at silly low prices.
Yes we will Billy.

We really need the price of oil up higher.

Or all those frackers in Texas and North Dakota will be out of work.

They need $45-$50 barrel oil.

I hate to see people out of work.
Patience, let the trade come to you.
  • #7,853
  • Mar 10, 2020 12:16pm Mar 10, 2020 12:16pm
Quoting TraderR0N
{quote} First target had achieved at 1.13500. Short EURUSD second target achieved at 1.13000. I’m a happy trader now.. ha ha.. {image}
Has the U.S. Government called you yet ?

For a loan, you're killing it Trader Ron.
Patience, let the trade come to you.
  • #7,854
  • Mar 10, 2020 12:18pm Mar 10, 2020 12:18pm
I am glad to be on the safe side. About 18 months or so, I moved my 401k money into money markets with crappy returns. I was waiting for S&P index fund to drop down to 2300 but it didn’t drop that far. The markets took off and I missed out on the big returns. Now, I am still sitting on the sideline and waiting for the right time to move my money back into the same fund. It could be a while yet, maybe weeks. Man, the markets are crazy and a big mess.
  • #7,855
  • Mar 10, 2020 12:19pm Mar 10, 2020 12:19pm
Wow too many unread posts to read.. gonna read it now..
10% buy 10% sell 80% waiting
  • #7,856
  • Mar 10, 2020 12:26pm Mar 10, 2020 12:26pm
There’s a fracking business about a mile from work. They have shut down for some time. Our family friend sold sand to them for a ton of money. The sand is one of the best in the country. Some young guy in Texas started a career in oil business and wondered why there is very little fracking down there as compared to the numerous fracking operations in Wisconsin. So he aimed to take the business away from the operations up here. Looks like he succeeded.
  • #7,857
  • Mar 10, 2020 12:28pm Mar 10, 2020 12:28pm
Quoting Roblee
I am glad to be on the safe side. About 18 months or so, I moved my 401k money into money markets with crappy returns. I was waiting for S&P index fund to drop down to 2300 but it didn’t drop that far. The markets took off and I missed out on the big returns. Now, I am still sitting on the sideline and waiting for the right time to move my money back into the same fund. It could be a while yet, maybe weeks. Man, the markets are crazy and a big mess.
Hi Roblee,

Hope you are well. May I ask if you’re still holding S&P500?

I do trade equities, stocks and Forex.
10% buy 10% sell 80% waiting
  • #7,858
  • Mar 10, 2020 12:30pm Mar 10, 2020 12:30pm
Quoting Northumbrian
Hi PokerChip/TraderRON. Just come out of all my GBPUSD shorts. Took 3 days to get my money back on my micro account. (£50.00) I'll try and learn from my mistakes. It was wrong to sell when it was clearly heading north. Just seen the latest from Trump - A payroll tax cut for 90 days because of the effects of the virus? Dear knows how it will all pan out. Thanks to you all. N
Hi Northumbrian.

Good job and your holding on short GBPUSD is worth it.

Patience pays off but again we must have enough margin to hold when trend is going against us.
10% buy 10% sell 80% waiting
  • #7,859
  • Mar 10, 2020 12:32pm Mar 10, 2020 12:32pm
Quoting PokerChip
{quote} Has the U.S. Government called you yet ? For a loan, you're killing it Trader Ron.
Hi PokerChip.

LOL..
10% buy 10% sell 80% waiting
  • #7,860
  • Mar 10, 2020 12:32pm Mar 10, 2020 12:32pm
Quoting Roblee
I am glad to be on the safe side. About 18 months or so, I moved my 401k money into money markets with crappy returns. I was waiting for S&P index fund to drop down to 2300 but it didn’t drop that far. The markets took off and I missed out on the big returns. Now, I am still sitting on the sideline and waiting for the right time to move my money back into the same fund. It could be a while yet, maybe weeks. Man, the markets are crazy and a big mess.
The markets are a mess.

I agree its going to be awhile until the markets come back to reality.

As long as they keep on hyping and making people freaking out on this coronavirus we will have this wild daily volatility.
Patience, let the trade come to you.
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