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The Jail Break System

  • #6,601
  • Feb 20, 2020 7:18am Feb 20, 2020 7:18am
Hi TraderRON.

Yes I still have my long orders in situ for EURCAD. It is slowly heading north to my 3 buy levels between 1.43193 - 1.43360

Earlier I made good profits from 2 long positions at 1.42753 and 1.42813

It is starting to drift down as I type but I am in no rush.

Take care, N
  • #6,602
  • Feb 20, 2020 7:18am Feb 20, 2020 7:18am
Quoting PokerChip
USD/CAD daily chart update. I just entered a sell on this pair. Good morning everyone. {image}
morning PC
you really like USDCAD
Forex can only be understood backwards, but it must be traded forwards.
  • #6,603
  • Feb 20, 2020 7:21am Feb 20, 2020 7:21am
Quoting billytt
{quote} Hi PC, hope all is well. Happy Trading.
Raining in East Anglia !!! Do we need more rain!! At 3pm and 4pm on Channel4, are some programmes about expats in Spain and France - I will watch them to remind me of what sunshine looks like
every Saint has a past. Every Sinner has a Future
  • #6,604
  • Feb 20, 2020 7:22am Feb 20, 2020 7:22am
Long EURAUD hit my at 1.62300. Entry was at 1.61906.

Long GBPCAD hit my at 1.71200. Entry was at 1.70834.
10% buy 10% sell 80% waiting
  • #6,605
  • Feb 20, 2020 7:23am Feb 20, 2020 7:23am
Quoting Northumbrian
Hi TraderRON. Yes I still have my long orders in situ for EURCAD. It is slowly heading north to my 3 buy levels between 1.43193 - 1.43360 Earlier I made good profits from 2 long positions at 1.42753 and 1.42813 It is starting to drift down as I type but I am in no rush. Take care, N
Very nice Northumbrian.

Got to be patience as I would like to see a correction soon for EURUSD and EURCAD. Dollar are strong atm.. just got to wait for EC and EU to come back up. Most importantly must have enough margin to trade and support. Hopefully we would see Dollar correction coming soon.. it has went up too high without any correction. Think there’s lots of retail traders got stuck on their long EURUSD and EURCAD including myself.
10% buy 10% sell 80% waiting
  • #6,606
  • Feb 20, 2020 7:28am Feb 20, 2020 7:28am
Quoting turnip15
{quote} Raining in East Anglia !!! Do we need more rain!! At 3pm and 4pm on Channel4, are some programmes about expats in Spain and France - I will watch them to remind me of what sunshine looks like
Hi MR T, hope all is well.
My gf was speaking about moving to the Spanish sun.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,607
  • Feb 20, 2020 7:29am Feb 20, 2020 7:29am
Quoting TraderR0N
{quote} Good morning PokerChip. I had long USDCAD at price 1.32268. Target will be at 1.32700. Cheers.
Good morning Ron.

I entered a sell at 1.32618

Will see where it goes.

Good luck.
Patience, let the trade come to you.
  • #6,608
  • Feb 20, 2020 7:30am Feb 20, 2020 7:30am
Quoting billytt
{quote} Hi MR T, hope all is well. My gf was speaking about moving to the Spanish sun.
At this moment in time it is tempting but I am an old retired git so not sure I would survive the stress of moving.
every Saint has a past. Every Sinner has a Future
  • #6,609
  • Feb 20, 2020 7:31am Feb 20, 2020 7:31am
Hi TraderRON.

Patience/timing is one of the most important if not most important aspect of successful trading.

Just looking at the EURCAD 1hour chart and there is a lovely big W forming.

Regards, N
  • #6,610
  • Feb 20, 2020 7:32am Feb 20, 2020 7:32am
Quoting Northumbrian
Hi TraderRON. Patience/timing is one of the most important if not most important aspect of successful trading. Just looking at the EURCAD 1hour chart and there is a lovely big W forming. Regards, N
Yes agree with you on .... stay tuned for more upside coming.. look at EURUSD hardly moves... only few pips range. Once you see Dollar profits taking from the previous high then you could see EURUSD going up fast.

I could see EURUSD correction to 1.08500 - 1.09 before coming back down to target 1.07 area.

Stay focus.
10% buy 10% sell 80% waiting
  • #6,611
  • Feb 20, 2020 7:41am Feb 20, 2020 7:41am
NZDUSD
interesting to watch
from 0.63212 - 0.62606 nice support lines on MN W1 & D1
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,612
  • Feb 20, 2020 7:48am Feb 20, 2020 7:48am
AUDUSD
fighting for 0.66260 break could lead to down to 0.65712 - 0.65442
pay attention to 0.66077 - 0.66048
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,613
  • Feb 20, 2020 7:57am Feb 20, 2020 7:57am
AUDCHF
retesting 0.64978 - 0.64741
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,614
  • Feb 20, 2020 8:03am Feb 20, 2020 8:03am
EURCAD
didn't get my 1.42617 miss by 2 pips
now watching 1.43431 - 1.43730 as resistance
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,615
  • Feb 20, 2020 8:28am Feb 20, 2020 8:28am
CAD
how far it can go? is this final buy push?
Attached Image (click to enlarge)
Click to Enlarge Name: cad.png Size: 228 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,616
  • Feb 20, 2020 8:39am Feb 20, 2020 8:39am
could see EURUSD correction to 1.08500 - 1.09 before coming back down to target 1.07 area.

EURUSD is moving up surely and slowly.

GBPUSD long trade looks tempting for correction at the current levels.

USDJPY short looks tempting for correction at the current levels.

Plan your chart today.

Stay focus.
10% buy 10% sell 80% waiting
  • #6,617
  • Feb 20, 2020 8:45am Feb 20, 2020 8:45am
Quoting PokerChip
{quote} Good morning Ron. I entered a sell at 1.32618 Will see where it goes. Good luck.
I just closed my USD/CAD sell trade at 1.32408
Patience, let the trade come to you.
  • #6,618
  • Feb 20, 2020 8:47am Feb 20, 2020 8:47am
Quoting TraderR0N
{quote} Long EURAUD and Long GBPCAD. Short EURAUD earlier cut losses. Will remove afterwards. Cheers. {image} {image} {image}
GBPCAD
I'm for long @ 1.70226
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,619
  • Feb 20, 2020 8:51am Feb 20, 2020 8:51am
Quoting prozor7
{quote} GBPCAD I'm for long @ 1.70226 {image}
Haha..
10% buy 10% sell 80% waiting
  • #6,620
  • Feb 20, 2020 9:00am Feb 20, 2020 9:00am
You guys amaze me....
I know I only trade Cable, but when you speak of a pair traveling to, and then travelling back...
I my trading, I travel with the market makers OR travel back.
Hope you understand.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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