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The Jail Break System

  • #6,161
  • Feb 12, 2020 6:16am Feb 12, 2020 6:16am
Quoting Leacher
CHART DAY - FUTURE EURGBP - Thx to PockerC (Disclaimer: always wrong, plz use proper MM) {image}
hi P

can you plz check your charts if the GAP is filled? mine shows filled

thx
Time & Price Forecast - Jenkins
  • #6,162
  • Feb 12, 2020 6:25am Feb 12, 2020 6:25am
Quoting Leacher
{quote} hi P can you plz check your charts if the GAP is filled? mine shows filled thx
ICMarket have gap on 0.84003 LOD was 0.84011 so not closed

closed my long @ 0.84134 on this pullback

I would like to see one more push down to 0.84000
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,163
  • Feb 12, 2020 6:30am Feb 12, 2020 6:30am
Quoting prozor7
{quote} ICMarket have gap on 0.84003 LOD was 0.84011 so not closed closed my long @ 0.84134 on this pullback I would like to see one more push down to 0.84000 {image}
Thx
Time & Price Forecast - Jenkins
  • #6,164
  • Feb 12, 2020 6:40am Feb 12, 2020 6:40am
Quoting PokerChip
GBP/USD daily chart update. Heading to the 1st level. I still have the flu, have a safe trading day to everyone. {image}
Get Well Soon!

We need you here on the forum!
Time & Price Forecast - Jenkins
  • #6,165
  • Feb 12, 2020 6:41am Feb 12, 2020 6:41am
Quoting Mucky
{quote} what I guess is "trade what's on the screen (MM's price action)" {image} But I am convinced "Price moves with direction "and" intent." - Captain Jack (https://www.forexfactory.com/captain*jack) 3 level up / 3 level down are the footprints from MM - but not the only ones see also Captain Jacks forum @Steve (https://www.stevehopwoodforex.com/ph...hp?f=59&t=1572) - it is from 2013 Mucky
Hi Mucky,

isn't that a trap candle for sellers?

K.
  • #6,166
  • Feb 12, 2020 6:48am Feb 12, 2020 6:48am
GBPUSD
I would like to see 1.30190 - 1.30289
price have some difficulties breaking 1.29890 if break ....
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,167
  • Feb 12, 2020 6:58am Feb 12, 2020 6:58am
NZDUSD
potential short 0.64946 - 0.65240
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,168
  • Feb 12, 2020 7:10am Feb 12, 2020 7:10am
Quoting Kruspe
{quote} Hi Mucky, isn't that a trap candle for sellers? K.
to trap buyers because this move is more than 200 pips - may force traders to close buy trades or even hedge
but also to attract sellers - believe its going down again :-)

Mucky
  • #6,169
  • Feb 12, 2020 7:11am Feb 12, 2020 7:11am
Quoting prozor7
GBPUSD I would like to see 1.30190 - 1.30289 price have some difficulties breaking 1.29890 if break .... {image}

Ah.....look at that confluence of support at 1.2887 area....

I will be looking to Short the pair around 1.3030-70 zone...
Time & Price Forecast - Jenkins
  • #6,170
  • Feb 12, 2020 7:12am Feb 12, 2020 7:12am
Quoting prozor7
{quote}.... I will exit short @ 71.131 - 71.089 I would like to one more push up ....
NZDJPY - update
short position reload
Forex can only be understood backwards, but it must be traded forwards.
  • #6,171
  • Feb 12, 2020 7:18am Feb 12, 2020 7:18am
Quoting Leacher
{quote} Ah.....look at that confluence of support at 1.2887 area.... I will be looking to Short the pair around 1.3030-70 zone...
this sound like good area to enter possible 1.30074 watch 1.29833 as support on H1 chart
Forex can only be understood backwards, but it must be traded forwards.
  • #6,172
  • Feb 12, 2020 7:30am Feb 12, 2020 7:30am
Quoting prozor7
{quote} NZDJPY - update short position reload
Hi Prozor, it's a question time!

may I ask if is there an expected sequence of how price moves in between your % levels? What is your basic premise? That price will bounce from the closest level above/below the current one? What is usually the confirmation that the level has been broken? Close above/below the level and then you look at the next one in that direction?

Thanks
K.
  • #6,173
  • Feb 12, 2020 7:33am Feb 12, 2020 7:33am
Quoting prozor7
CMarket have gap on 0.84003 LOD was 0.84011 so not closed closed my long @ 0.84134 on this pullback I would like to see one more push down to 0.84000
EURGBP - update
gap closed reload long
Forex can only be understood backwards, but it must be traded forwards.
  • #6,174
  • Feb 12, 2020 7:35am Feb 12, 2020 7:35am
Quoting prozor7
{quote} ICMarket have gap on 0.84003 LOD was 0.84011 so not closed closed my long @ 0.84134 on this pullback I would like to see one more push down to 0.84000 {image}
Re--TEST, GAP Closed....AXITRADER
Time & Price Forecast - Jenkins
  • #6,175
  • Feb 12, 2020 7:37am Feb 12, 2020 7:37am
Quoting prozor7
{quote} EURGBP - update gap closed reload long
Time & Price Forecast - Jenkins
  • #6,176
  • Feb 12, 2020 7:39am Feb 12, 2020 7:39am
Quoting Kruspe
{quote} Hi Prozor, it's a question time! may I ask if is there an expected sequence of how price moves in between your % levels? What is your basic premise? That price will bounce from the closest level above/below the current one? What is usually the confirmation that the level has been broken? Close above/below the level and then you look at the next one in that direction? Thanks K.
Nice one...K....

this should help us all

P has exceptional precision!
Time & Price Forecast - Jenkins
  • #6,177
  • Feb 12, 2020 7:48am Feb 12, 2020 7:48am
GBP/CAD -- Watching for Short below 7190 zone

comments plz?

Chart later!
Time & Price Forecast - Jenkins
  • #6,178
  • Edited Feb 13, 2020 6:48am Feb 12, 2020 7:56am | Edited Feb 13, 2020 6:48am
EUR GBP

Completed retrace cycle.

Price is now ready to move up/out from Jail #1.

To close scalping short, only enter long on formation on W pattern.
Attached Image (click to enlarge)
Click to Enlarge Name: egbp 101.jpg Size: 239 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #6,179
  • Feb 12, 2020 8:00am Feb 12, 2020 8:00am
Quoting Kruspe
{quote} Hi Prozor, it's a question time! may I ask if is there an expected sequence of how price moves in between your % levels? What is your basic premise? That price will bounce from the closest level above/below the current one? What is usually the confirmation that the level has been broken? Close above/below the level and then you look at the next one in that direction? Thanks K.
when I look @ symbol (AUD, CAD, CHF, JPY, EUR, GBP, NZD & USD) I look all 28 charts
1. dynamic on H1 how price behavior
2. what is percentage of that move compare with day range
3. where is symbol located in correlations with other prices
4. what are support / resistance area projected in percentage lines

in case of NZDJPY on up move there was
H4 resistance@ 71.272
H1 resistance @ 71.284

on pullback down there was
H4 support 71.089
H1 support 71.131

I also publish two things
1. NZDJPY is overstretched
2. JPY is close to the resistance lines on most symbols

for me logical move is down to cash in that up move

you can observe my posts on behavior of EURGBP where I close buy order and GBPUSD where is resistance / support

is explanation easy to understand? you can ask what ever you want .
Forex can only be understood backwards, but it must be traded forwards.
  • #6,180
  • Feb 12, 2020 8:08am Feb 12, 2020 8:08am
Quoting Kruspe
{quote} Hi Prozor, it's a question time! may I ask if is there an expected sequence of how price moves in between your % levels? What is your basic premise? That price will bounce from the closest level above/below the current one? What is usually the confirmation that the level has been broken? Close above/below the level and then you look at the next one in that direction? Thanks K.
this is my game "chess board"
what symbol would you trade from this board
Attached Image (click to enlarge)
Click to Enlarge Name: chess.png Size: 358 KB
Forex can only be understood backwards, but it must be traded forwards.
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