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The Jail Break System

  • #7,101
  • Feb 27, 2020 2:47am Feb 27, 2020 2:47am
Morning,

The USDCAD could come down in H1 and H4 are the first signs of this.

Regards Ritter3
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  • #7,102
  • Feb 27, 2020 2:54am Feb 27, 2020 2:54am
Quoting prozor7
NZDUSD interesting to watch from 0.63212 - 0.62606 nice support lines on MN W1 & D1 {image}
NZDUSD - update
TP 63.443
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,103
  • Feb 27, 2020 2:55am Feb 27, 2020 2:55am
Quoting Viki84
{quote} Yes, i think that was a nice bear trap! What do you think?
I trade lines V,
What ever the market makers are doing and for what ever reason they do it, i just follow them, lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,104
  • Feb 27, 2020 2:56am Feb 27, 2020 2:56am
Quoting prozor7
GBPNZD price hit 2.06060 that should be top of the Jail, breaking 2.05676 we could see some actions down to 2.03602 {image}
GBPNZD - update
TP 2.03602
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,105
  • Feb 27, 2020 3:03am Feb 27, 2020 3:03am
Quoting prozor7
EURNZD possible short @ 1.73057 - 1.73141 {image}
EURNZD - update
price have difficulties breaking 1.73141
possible pullback to 1.71703
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,106
  • Feb 27, 2020 3:05am Feb 27, 2020 3:05am
AUDCAD
braking 0.87681 - 0.87871 AUD should enter buy zone
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,107
  • Feb 27, 2020 3:07am Feb 27, 2020 3:07am
NZDCAD
in buy zone breaking 0.84322 should confirm that
TP 0.84975
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,108
  • Feb 27, 2020 3:09am Feb 27, 2020 3:09am
not that i trade it, Usd/cad has dropped a bit.
we had the 00-00 break and an inside bar on the 4 hour break
t 09-09

edit, both broke the low, 00-00 and inside mother bar
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,109
  • Feb 27, 2020 3:10am Feb 27, 2020 3:10am
GBPUSD
price stuck between 1.28879 - 1.29450
NO TRADE for this symbol
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,110
  • Feb 27, 2020 3:23am Feb 27, 2020 3:23am
"borrow" from comedy club
Inserted Video
Forex can only be understood backwards, but it must be traded forwards.
  • #7,111
  • Feb 27, 2020 3:27am Feb 27, 2020 3:27am
Quoting TraderR0N
I have bought EURJPY at price 120.000. Target at 120.400.
Good day everyone.

Long EURJPY target achieved but short EURUSD is in floating losses.

I have added short for EURUSD at price 1.09450. Will see.

Today market price action is behaving weird.. keep pushing most EUR pairs up..
10% buy 10% sell 80% waiting
  • #7,112
  • Feb 27, 2020 3:28am Feb 27, 2020 3:28am
USDCAD
price actions between lines says all
for me this is similar as GBPUSD pure gambling entering the trade, there are major news for both today
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,113
  • Feb 27, 2020 3:29am Feb 27, 2020 3:29am
Quoting TraderR0N
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.
Here. I should have hold my long trade longer instead but of cos anything in forex market can happen..
10% buy 10% sell 80% waiting
  • #7,114
  • Feb 27, 2020 3:34am Feb 27, 2020 3:34am
Today’s market is all about the viruses Hard to trade and predict because of the noise of the virus headlines across the world especially in Europe... making it harder to trade.

I will stay sideline to watch the price movements. Not going to place any new order/trade.
10% buy 10% sell 80% waiting
  • #7,115
  • Feb 27, 2020 3:51am Feb 27, 2020 3:51am
USDJPY
price find support @ 109.877 possible up to 110.949 111.207
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,116
  • Feb 27, 2020 3:53am Feb 27, 2020 3:53am
Cable,,,,,, drop drop drop lol
t 09-53
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,117
  • Feb 27, 2020 3:54am Feb 27, 2020 3:54am
EURAUD
price find support @ 1.66242 possible up to 1.66909 as potential short
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,118
  • Feb 27, 2020 3:57am Feb 27, 2020 3:57am
Cable, i am short, break of 00-00 4 hour bar low.
My long was closed with a + 2.
i did have a demo trade running to show you, but i screwed it up, that closed with 3 or 4, like i said its demo so doesnt really count. lol
Trade well alll.
t 09-57
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,119
  • Feb 27, 2020 3:57am Feb 27, 2020 3:57am
I have a "feeling" that will have pump and dump last 2 days
be careful
Forex can only be understood backwards, but it must be traded forwards.
  • #7,120
  • Feb 27, 2020 3:59am Feb 27, 2020 3:59am
GBPNZD - update
close short @ 2.04200
GBP is overstretched (sell) possible pullback to 2.05041
price should not break above line to continue down move
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
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