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PokerChip replied Jul 15, 2021Hello Celal, If you use the 1 hour chart to trade with, the Williams % R -20 and -80 is your best friend. Why ? because you want to wait for the " M " and " W " to appear. When you see them appear you should act accordingly and enter your trade. It ...
The Jail Break System
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PokerChip replied Jul 14, 2021At the present time the US Dollar is climbing. I would only be a seller of any currency vs the dollar. I think it would be wise to sell the peaks.
The Jail Break System
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PokerChip replied Jul 14, 2021The “ M “ has formed on the 4 hour chart of the Williams % R on the pair NZD/USD.
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PokerChip replied Jul 14, 2021Just to give you a idea, here's a recent chart. Charts don't lie.
The Jail Break System
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PokerChip replied Jul 14, 2021NZD/USD 1 hour chart. Note: When you see a spread out " M " like we have in the Williams % R, what that means is that the pair is going to drop a long way. I would recommend to go back in time and take a look at a spread out " M ". They fall a long ...
The Jail Break System
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PokerChip replied Jul 12, 2021I stand corrected, thank you sir. Old habits are hard to break, lol.
The Jail Break System
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PokerChip replied Jul 12, 2021NZD/USD 1 hour chart. When the Williams % R crosses underneath the -50 I will sell it. I'm breaking my rule of not trading on Monday but I think this will be a nice short trade. The 20 day moving average is below the -50 on the 1 hour chart.
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PokerChip replied Jul 11, 2021As of right now sentiment is to be a buyer on pairs AUD/USD, NZD/USD, GBP/USD, EUR/USD Sentiment can change in just a few hours or days.
The Jail Break System
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PokerChip replied Jul 11, 2021Hello MwIRCT, The deception is always going to be there. That's how the market maker makes a huge profit, is by deception. One way I try to stay out of trouble is by limiting your pips. When I enter a trade I'm looking for 20 pips and I close the ...
The Jail Break System
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PokerChip replied Jul 11, 2021I think that's a great idea. The Donchian is very accurate as well.
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PokerChip replied Jul 10, 2021If you want to know the sentiment of a pair you can go to fxblue.com It seems pretty accurate. If you do look at the sentiment, if it says 40% red and 60% blue. I recommend that you always be with the lower number. The market maker 90% of the time ...
The Jail Break System
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PokerChip replied Jul 10, 2021The best trade to make in my view is when the pair is above the -20 or below the -80. These are the cream of the crop trades. It doesn't get any better. Just try to be patient and wait for this to happen. This happens everyday on 8 major pairs. Just ...
The Jail Break System
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PokerChip replied Jul 10, 2021AUD/USD 4 hour chart. If the pair breaks above the 50 day moving average I look for it to move to .75657
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PokerChip replied Jul 10, 2021NZD/USD 4 hour chart. If the pair breaks the 50 day moving average I look for the pair to move up to .70850 area.
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PokerChip replied Jul 9, 2021As you can see from the 3 previous " M " on the chart I'll wait for the last leg and enter the trade. It might be to early but I want to get in as high as I can on the chart because if I'm right I'll make for of a profit. Also the NZD/USD has been ...
The Jail Break System