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PokerChip replied Sep 26, 2019I don't use the EMA'S, I put those on the chart because so many traders do use them. I thought it would help them read the chart a little better. Once you train you're eyes to see the levels, there is no need for the EMA'S. I think eventually you'll ...
The Jail Break System
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PokerChip replied Sep 26, 2019Here's a update on EUR/CHF 1 hour chart. About a 25 pip drop.
The Jail Break System
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PokerChip replied Sep 26, 2019I cherry pick my trades. I look for the best trades to make and that's it. It's made me more discipline in trading. The " MM " wants every trader to trade like they're at a casino. That's what keeps them in business.
The Jail Break System
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PokerChip replied Sep 26, 2019I see, you might want to consider to cut back from 5-6 trades to 4-5 trades. The reason I say this is, forex trading taxes the mind a lot because you don't want to make a mistake. Some times the mind can play tricks on you after so many trades in a ...
The Jail Break System
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PokerChip replied Sep 26, 2019I understand, how many trades are you making a day on average ?
The Jail Break System
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PokerChip replied Sep 26, 2019Sorry about that loss. Once we get to the 3rd level, the pair can reverse or make a lower low then reverse.
The Jail Break System
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PokerChip replied Sep 26, 2019If you are in long position in EUR/CHF be careful. I highlighted the white box area. There are a lot of green candles to the left, look for a possible reversal. You can see the railroad tracks in the white highlighted area. This is telling you a ...
The Jail Break System
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PokerChip replied Sep 25, 2019Usually after a pair has traveled lower or traveled higher after passing the (3rd level) will drop and do a reversal. But, sometimes when there is a large imbalance the " MM " will do a reversal after the 2nd level to trap traders. In reality you ...
The Jail Break System
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PokerChip replied Sep 25, 2019GBP/CAD on the 1 hour chart is now going to the 3rd level, where ever that is. Be patient here, if this works out this could be a good buy for all that like to buy pairs. I think it will move down to the 800EMA which is about 35 pips away. Then it ...
The Jail Break System
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PokerChip replied Sep 25, 2019Here's the USD/JPY moving into the 2nd level. Please review post #190 and it will help you see the bigger picture of trading. Note: The Jail Break System will help you trade in line with the " MM " and let you trade when you want to trade.
The Jail Break System
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PokerChip replied Sep 25, 2019Please take a look at this pair EUR/JPY chart, you see the blue box at the bottom of the chart with a arrow pointing at the box. If you think it looks like a mess, you would be correct. The " MM " does this on purpose to confuse you. What the " MM " ...
The Jail Break System
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PokerChip replied Sep 25, 2019I try to teach traders to trade in line with the " MM ". That's what's this thread is all about. I don't use a stop loss. I take profit when I think the " MM " is about to reverse direction. This type of trading takes time to understand. You have to ...
The Jail Break System