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The Jail Break System

  • #8,781
  • Mar 18, 2020 10:19am Mar 18, 2020 10:19am
Hi PokerChip,

I have been looking at your thread and learning a lot. Your story of losing a lot and making it back was good news for me that it is possible so thanks for sharing. I am with you on usd jpy trade and also looking at gbp usd.

Thanks again
Alam




Quoting PokerChip
USD/JPY appears to have enough sellers trapped now and is moving higher.
  • #8,782
  • Mar 18, 2020 10:20am Mar 18, 2020 10:20am
USDCAD
potential short @ 1.45434 as top for this move
TP 1.43104 - 1.41022
Forex can only be understood backwards, but it must be traded forwards.
  • #8,783
  • Mar 18, 2020 10:37am Mar 18, 2020 10:37am
Quoting Alamhakim
Hi PokerChip, I have been looking at your thread and learning a lot. Your story of losing a lot and making it back was good news for me that it is possible so thanks for sharing. I am with you on usd jpy trade and also looking at gbp usd. Thanks again Alam {quote}
Hello,
I'm glad you're learning.

Sometimes you have to lose to win.

Our USD/JPY is a good trade.

I'm stuck on GBP/USD 2 times, it just dropped below 1.18.

I have the worst timing buying or selling, we need a bottom.

And you're welcome !

The dollar can't go up forever.
Patience, let the trade come to you.
  • #8,784
  • Mar 18, 2020 10:41am Mar 18, 2020 10:41am
Quoting prozor7
USDCAD potential short @ 1.45434 as top for this move TP 1.43104 - 1.41022
usd still extremely strong.. i personally am staying out of it now.. and cad has no potential yet to beat it.. trump speaks in a few.......
"The market doesn't care about you, stop hoping it will." Dirk
  • #8,785
  • Mar 18, 2020 10:43am Mar 18, 2020 10:43am
Quoting PokerChip
{quote} Hello, I'm glad you're learning. Sometimes you have to lose to win. Our USD/JPY is a good trade. I'm stuck on GBP/USD 2 times, it just dropped below 1.18. I have the worst timing buying or selling, we need a bottom. And you're welcome ! The dollar can't go up forever.
of course it cant go up forever.. but showing no signs of weakness now..
"The market doesn't care about you, stop hoping it will." Dirk
  • #8,786
  • Mar 18, 2020 10:45am Mar 18, 2020 10:45am
(I have a question for all traders.)

Would you be in favor of me removing the moving average EMA'S for my charts ?

I think with the moving averages gone it would help you see the charts better.

Please let me know yes or no.

Thanks
Patience, let the trade come to you.
  • #8,787
  • Mar 18, 2020 10:46am Mar 18, 2020 10:46am
USD/JPY, I think once the pair passes 1.08280 it's going to take off and go higher.
Patience, let the trade come to you.
  • #8,788
  • Mar 18, 2020 10:51am Mar 18, 2020 10:51am
Quoting PokerChip
(I have a question for all traders.) Would you be in favor of me removing the moving average EMA'S for my charts ? I think with the moving averages gone it would help you see the charts better. Please let me know yes or no. Thanks
Brad,

My request is, please keep them for now/some more time. As someone who is catching up with the thread, past examples does have the ma's, but to have them while you are giving out the current live examples, would sear the concepts for new comers like me.

Thanks
  • #8,789
  • Mar 18, 2020 10:54am Mar 18, 2020 10:54am
Quoting PokerChip
(I have a question for all traders.) Would you be in favor of me removing the moving average EMA'S for my charts ? I think with the moving averages gone it would help you see the charts better. Please let me know yes or no. Thanks
i think the exponential moving average is important .. but it all depends on you if its a tool in your arsenal. i mean its mostly about the trend.. but a lot of people prefer screen with less indi... but id say whatever floats your boat
"The market doesn't care about you, stop hoping it will." Dirk
  • #8,790
  • Mar 18, 2020 10:55am Mar 18, 2020 10:55am
Quoting aaven
{quote} Brad, My request is, please keep them for now/some more time. As someone who is catching up with the thread, past examples does have the ma's, but to have them while you are giving out the current live examples, would sear the concepts for new comers like me. Thanks
Okay thanks
Patience, let the trade come to you.
  • #8,791
  • Mar 18, 2020 10:56am Mar 18, 2020 10:56am
Quoting Flashyberry
{quote} i think the exponential moving average is important .. but it all depends on you if its a tool in your arsenal. i mean its mostly about the trend.. but a lot of people prefer screen with less indi... but id say whatever floats your boat
Okay you want to keep them, thanks.

I don't use them, but some traders use them.
Patience, let the trade come to you.
  • #8,792
  • Mar 18, 2020 10:57am Mar 18, 2020 10:57am
Quoting PokerChip
(I have a question for all traders.) Would you be in favor of me removing the moving average EMA'S for my charts ? I think with the moving averages gone it would help you see the charts better. Please let me know yes or no. Thanks
Hi PC personally I don't care, maybe you can give us clarification which color is which MA,but if I can suggest something,would you hit that button :"Shift end of the chart from right border." or mark Chart shift in your charts Properties.It'll looks better.
Whether you think you can, or you think you can't,you're right. H.F.
  • #8,793
  • Mar 18, 2020 10:57am Mar 18, 2020 10:57am
Quoting PokerChip
{quote} Okay you want to keep them, thanks. I don't use them, but some traders use them.
Thanks a lot Brad.
  • #8,794
  • Mar 18, 2020 10:59am Mar 18, 2020 10:59am
Quoting Flashyberry
{quote} usd still extremely strong.. i personally am staying out of it now.. and cad has no potential yet to beat it.. trump speaks in a few.......
agree with you
this is a probability game and I calculate that

USDCAD has 82.4% to go down from this level
20 pips risk for 233 pips gain
RR 1:11
Forex can only be understood backwards, but it must be traded forwards.
  • #8,795
  • Mar 18, 2020 10:59am Mar 18, 2020 10:59am
Quoting Simply-Me
{quote} Hi PC personally I don't care, maybe you can give us clarification which color is which MA,but if I can suggest something,would you hit that button :"Shift end of the chart from right border." or mark Chart shift in your charts Properties.It'll looks better.
White is the 5 ema
Teal is the 13 ema
Yellow is the 50 ema
Black is the 200 ema
Blue is 800 ema

Okay so you don't care either way, thanks.
Patience, let the trade come to you.
  • #8,796
  • Mar 18, 2020 11:00am Mar 18, 2020 11:00am
Quoting prozor7
{quote} agree with you this is a probability game and I calculate that USDCAD has 82.4% to go down from this level 20 pips risk for 233 pips gain RR 1:11
Dollar is strong right now.
Patience, let the trade come to you.
  • #8,797
  • Mar 18, 2020 11:18am Mar 18, 2020 11:18am
Quoting PokerChip
{quote} White is the 5 ema Teal is the 13 ema Yellow is the 50 ema Black is the 200 ema Blue is 800 ema Okay so you don't care either way, thanks.

Thanks
Whether you think you can, or you think you can't,you're right. H.F.
  • #8,798
  • Mar 18, 2020 11:19am Mar 18, 2020 11:19am
Quoting PokerChip
{quote} Dollar is strong right now.
this is a zoom USDCAD M1
price dance in 30 pips range
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #8,799
  • Mar 18, 2020 11:36am Mar 18, 2020 11:36am
GBPUSD
watching 1.16745 tempted to go long
Forex can only be understood backwards, but it must be traded forwards.
  • #8,800
  • Mar 18, 2020 11:44am Mar 18, 2020 11:44am
EURGBP
watching 0.93048 tempted to short
Forex can only be understood backwards, but it must be traded forwards.
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