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The Jail Break System

  • #8,001
  • Mar 11, 2020 7:05am Mar 11, 2020 7:05am
Quoting TraderR0N
{quote} No bud gold will be moving higher but have to watch $1700 for a break higher to $2000. I will buy if its breaks $1700 resistance.
Okay
Patience, let the trade come to you.
  • #8,002
  • Mar 11, 2020 7:06am Mar 11, 2020 7:06am
Quoting PokerChip
{quote} Okay
Gold is trading sideway now waiting for FOMC to break the range.

Gold price to watch between $1550 - $1700.
10% buy 10% sell 80% waiting
  • #8,003
  • Mar 11, 2020 7:08am Mar 11, 2020 7:08am
Oil price is now or never

$20 - $100

Many of my trading buddy here in singapore are waiting to buy oil at $20 only if it drops. They are smart trader as in they bought oil at the price of $27 and target $33 when oil plunge down on Monday.
Good choice but I did not follow their call. Anyway they only trades/expert in oil. They are also patience just to wait for price to come and trade big.

Earn them $20K profits for just one deal.
10% buy 10% sell 80% waiting
  • #8,004
  • Mar 11, 2020 7:11am Mar 11, 2020 7:11am
Quoting prozor7
AUDNZD potential long @ 1.02971 - 1.02369 TP 1.03842
I still have this episodes of good analysis bad trading:

AUDNZD example:
R:R 1:1.45 Loss 602 gain 871 points
Attached Image (click to enlarge)
Click to Enlarge Name: trade.png Size: 11 KB

bought @ 1.03056 close 1.03076 gain 20 points
Forex can only be understood backwards, but it must be traded forwards.
  • #8,005
  • Mar 11, 2020 7:14am Mar 11, 2020 7:14am
Quoting TraderR0N
Oil price is now or never $20 - $100 Many of my trading buddy here in singapore are waiting to buy oil at $20 only if it drops. They are smart trader as in they bought oil at the price of $27 and target $33 when oil plunge down on Monday. Good choice but I did not follow their call. Earn them $20K profits for just one deal.
I think oil moves lower.

And that was a heck of a trade.

Smart traders like you Trader Ron.
Patience, let the trade come to you.
  • #8,006
  • Mar 11, 2020 7:15am Mar 11, 2020 7:15am
Quoting PokerChip
{quote} I think oil moves lower.
That what I think so bud.. could move to $20 or lower.. if it does happen.. it will not look for good for all CAD pairs. They are correlated.
10% buy 10% sell 80% waiting
  • #8,007
  • Mar 11, 2020 7:17am Mar 11, 2020 7:17am
Quoting TraderR0N
{quote} That what I think so bud.. could move to $20 or lower.. if it does happen.. it will not look for good for all CAD pairs. They are correlated.
I agree, Canada could get hammered.
Patience, let the trade come to you.
  • #8,008
  • Mar 11, 2020 7:19am Mar 11, 2020 7:19am
Quoting PokerChip
{quote} I agree, Canada could get hammered.
Yes so fingers cross. lol.. I had a strong feeling that commodities pairs for this year will be looking very bad.
10% buy 10% sell 80% waiting
  • #8,009
  • Mar 11, 2020 7:19am Mar 11, 2020 7:19am
can't hold hmmm prostate problem, hmmm these two fingers
Attached Image (click to enlarge)
Click to Enlarge Name: prostate.jpg Size: 49 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #8,010
  • Mar 11, 2020 7:19am Mar 11, 2020 7:19am
Quoting prozor7
can't hold hmmm prostate problem, hmmm these two fingers {image}
Ha ha ha....
10% buy 10% sell 80% waiting
  • #8,011
  • Mar 11, 2020 7:22am Mar 11, 2020 7:22am
Stay focus and be alert at all times for any market turmoil. When it time to cut losses please do so if not will occur more losses or account blown.. we can always take it back just time needed and with this current market situation anything can HAPPEN at a blink of eyes.. in speed seconds..

We need to protect our capital at this stage.
10% buy 10% sell 80% waiting
  • #8,012
  • Mar 11, 2020 7:23am Mar 11, 2020 7:23am
Quoting TraderR0N
{quote} Yes so fingers cross. lol.. I had a strong feeling that commodities pairs for this year will be looking very bad.
You're usually right.
Patience, let the trade come to you.
  • #8,013
  • Mar 11, 2020 7:25am Mar 11, 2020 7:25am
Quoting PokerChip
{quote} You're usually right.
Ha ha and wrong sometimes.
10% buy 10% sell 80% waiting
  • #8,014
  • Mar 11, 2020 7:26am Mar 11, 2020 7:26am
AUD, CAD and NZD will continue to be weak this year.

Central banks are all cutting rates.
What is it telling us about the global economy..
so guys time to stay focus.
10% buy 10% sell 80% waiting
  • #8,015
  • Mar 11, 2020 7:30am Mar 11, 2020 7:30am
Quoting prozor7
GBPUSD watching 1.29910 as (H4 W1) resistance line watching 1.28964 as (H4) support line I'm in buy mode
GBPUSD - update
price find support @ 1.29410 TP 1.29820 - 1.29910

watch PA @ 1.29663 it should become support for a pullback from 1.29910
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #8,016
  • Mar 11, 2020 7:32am Mar 11, 2020 7:32am
Quoting TraderR0N
AUD, CAD and NZD will continue to be weak this year. Central banks are all cutting rates. What is it telling us about the global economy.. so guys time to stay focus.
Do you think these lower oil prices will hurt the pound ?
Patience, let the trade come to you.
  • #8,017
  • Mar 11, 2020 7:32am Mar 11, 2020 7:32am
Now I’m looking at news headlines more then looking at chart.. that is funny...
10% buy 10% sell 80% waiting
  • #8,018
  • Mar 11, 2020 7:33am Mar 11, 2020 7:33am
Quoting PokerChip
{quote} Do you think these lower oil prices will hurt the pound ?
IMO I would think that will strengthen the pounds and euro...
10% buy 10% sell 80% waiting
  • #8,019
  • Mar 11, 2020 7:34am Mar 11, 2020 7:34am
Quoting TraderR0N
{quote} IMO I would think that will strengthen the pounds and euro...
The UK depends a lot on the Brent oil price.
Patience, let the trade come to you.
  • #8,020
  • Mar 11, 2020 7:36am Mar 11, 2020 7:36am
Quoting PokerChip
{quote} The UK depends a lot on the Brent oil price.
Yes you’re right..
10% buy 10% sell 80% waiting
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