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The Jail Break System

  • #7,061
  • Feb 26, 2020 9:15am Feb 26, 2020 9:15am
Cable , we made the adr of 94
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,062
  • Feb 26, 2020 9:21am Feb 26, 2020 9:21am
Quoting billytt
Cable , we made the adr of 94 {image}
That's good, yaaaaaaaaaay.
Patience, let the trade come to you.
  • #7,063
  • Feb 26, 2020 9:29am Feb 26, 2020 9:29am
USD/CAD daily chart.

This daily chart gives a better look of what this pair is up too.

Those three daily candles above the blue box is the fuel for the market maker to push it lower.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-d1-tw-corp-u-c.png Size: 47 KB
Patience, let the trade come to you.
  • #7,064
  • Feb 26, 2020 9:36am Feb 26, 2020 9:36am
Quoting billytt
{quote} {image}
Hahaha.. yes just spoken to Trump’s Administration he said that S&P500 willl be going up soon and JYP pairs will follow through..big waves coming soon just joking..
10% buy 10% sell 80% waiting
  • #7,065
  • Feb 26, 2020 9:39am Feb 26, 2020 9:39am
Quoting PokerChip
USD/CAD daily chart. This daily chart gives a better look of what this pair is up too. Those three daily candles above the blue box is the fuel for the market maker to push it lower. {image}
Not enough buyer’s trap yet imo.. range up and down still..
10% buy 10% sell 80% waiting
  • #7,066
  • Feb 26, 2020 9:41am Feb 26, 2020 9:41am
Dollar index Daily chart looks like it wants to break out of the bull’s flag.. if break it will be very bullish. Can we see 100 area? Yes time will tell..
10% buy 10% sell 80% waiting
  • #7,067
  • Feb 26, 2020 9:44am Feb 26, 2020 9:44am
Quoting TraderR0N
{quote} Not enough buyer’s trap yet imo.. range up and down still..
Yep, they're trying to pull in more buyers.

Roller coaster, then musical chairs then the music stops.

Dangerous to be a buyer.
Patience, let the trade come to you.
  • #7,068
  • Edited 10:04am Feb 26, 2020 9:44am | Edited 10:04am
Hey guys,

If you want to know YEN is weak or strong just look at USDJPY and S&P500 . it will tell you a story and then the rest of the YEN cross pairs will follow..

Don’t really need to use currency strength to determine.. currency strength indicator are just using RSI and moving averages to determine strength.. they are also lagging or too late to know whether strong or weak.

Just look at let say if you’re trading YEN pairs just have to look at USDJPY will do.
10% buy 10% sell 80% waiting
  • #7,069
  • Feb 26, 2020 9:46am Feb 26, 2020 9:46am
Quoting PokerChip
{quote} Yep, they're trying to pull in more buyers. Roller coaster, then musical chairs then the music stops. Dangerous to be a buyer.
Agree with you bud.. 1.33300 is the TOP if breaks up it will be very ugly for the bears and 1.35000 will be coming if not will be 1.28 - 1.27 area.
10% buy 10% sell 80% waiting
  • #7,070
  • Feb 26, 2020 9:49am Feb 26, 2020 9:49am
Quoting TraderR0N
{quote} Agree with you bud.. 1.33300 is the TOP if breaks up it will be very ugly and 1.35 will be coming if not will be 1.28 - 1.27 area.
It better not shoot up, I'll be stuck.
Patience, let the trade come to you.
  • #7,071
  • Feb 26, 2020 9:54am Feb 26, 2020 9:54am
Quoting PokerChip
{quote} It better not shoot up, I'll be stuck.
Me too and I’m holding 15 positions bud. No joke lol.. confident with my plan. Just got to wait.. USDCAD is a slow pair unless there’s super news to move this pair. Like this Friday we will have CAD GDP.. so could we see a down then up or up then down? We shall see how it goes.

Moreover Oil is not stable atm that will jeopardise any CAD pairs.

IMO CAD inflation is still strong to support
10% buy 10% sell 80% waiting
  • #7,072
  • Feb 26, 2020 9:57am Feb 26, 2020 9:57am
GBP/USD moving into 2nd level territory now.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-d1-tw-corp-g-u.png Size: 43 KB
Patience, let the trade come to you.
  • #7,073
  • Feb 26, 2020 10:02am Feb 26, 2020 10:02am
AUD and NZD is still very weak.
10% buy 10% sell 80% waiting
  • #7,074
  • Feb 26, 2020 10:11am Feb 26, 2020 10:11am
EURUSD

Good to take note.

Bears need to defend price 1.09 - 1.09500 which I have already mention earlier post. But In order for the bulls to be impulse it need to break 1.10 area if not will still be on the downside trend.
10% buy 10% sell 80% waiting
  • #7,075
  • Feb 26, 2020 10:22am Feb 26, 2020 10:22am
See you guys around.. going out for supper..
10% buy 10% sell 80% waiting
  • #7,076
  • Feb 26, 2020 10:57am Feb 26, 2020 10:57am
Hello PokerChip,

In USDCAD we soon reached the tipping point, or about 15 points from the top.
PokerChip market makers run the risk that the price will reverse if it rises so much that it reaches the tipping point.


Regards Ritter3
  • #7,077
  • Feb 26, 2020 11:20am Feb 26, 2020 11:20am
Quoting Ritter3
Hello PokerChip, In USDCAD we soon reached the tipping point, or about 15 points from the top. PokerChip market makers run the risk that the price will reverse if it rises so much that it reaches the tipping point. Regards Ritter3
I think the market makers are still trapping buyers.

I'm looking for the pair to drop, problem is I don't know when that will be.

So right now I'm stuck in the trade.
Patience, let the trade come to you.
  • #7,078
  • Feb 26, 2020 11:57am Feb 26, 2020 11:57am
Back from supper with my wife and kid.
10% buy 10% sell 80% waiting
  • #7,079
  • Feb 26, 2020 12:00pm Feb 26, 2020 12:00pm
USDCAD could be trending up also due to YEN is weak and waiting for Friday CAD GDP. There is always a reason behind it. Just let the ‘MM’ push up first as long as 1.33300 holds otherwise could be in trouble for the bears and I will get out of my trades no point fighting with the markets.

If 1.33300 breaks then will open door for more bulls to come in and could reach the price at 1.34 - 1.35 area.
10% buy 10% sell 80% waiting
  • #7,080
  • Feb 26, 2020 12:06pm Feb 26, 2020 12:06pm
I have also manually closed my Long EURUSD with profits at 1.08900 miss by 10 pips is ok no point holding it and see the price movements makes me puke .

Open sell order at 1.08900.
10% buy 10% sell 80% waiting
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