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The Jail Break System

  • #8,741
  • Mar 18, 2020 4:53am Mar 18, 2020 4:53am
EURAUD
I would like to see 1.85530 as short
Euro news in 10 min spike up than down should be nice
Forex can only be understood backwards, but it must be traded forwards.
  • #8,742
  • Mar 18, 2020 4:56am Mar 18, 2020 4:56am
EURGBP
I would like to see 0.91812 - 0.91902 as short
Euro news in 4 min spike up than down should be nice
Forex can only be understood backwards, but it must be traded forwards.
  • #8,743
  • Mar 18, 2020 5:35am Mar 18, 2020 5:35am
Quoting prozor7
eurgbp i would like to see 0.91812 - 0.91902 as short euro news in 4 min spike up than down should be nice
EURGBP
SL 0.91948
TP 0.91197 - 0.90538
Forex can only be understood backwards, but it must be traded forwards.
  • #8,744
  • Mar 18, 2020 5:37am Mar 18, 2020 5:37am
Quoting prozor7
euraud i would like to see 1.85530 as short euro news in 10 min spike up than down should be nice
EURAUD
SL 1.85847
TP 1.83798 - 1.82911
Forex can only be understood backwards, but it must be traded forwards.
  • #8,745
  • Mar 18, 2020 5:54am Mar 18, 2020 5:54am
with all the brutal moves, I am waiting for Level 1 to appear to enter trades on USDCAD.
Determination + Persistence = Success
  • #8,746
  • Mar 18, 2020 6:32am Mar 18, 2020 6:32am
Guys anybody in oil? I think oil with today prices bring to us nice opportunity to make some money in long term.
The question is how deeper it could go? Sure there is still some room for down,but I don't think it'll hit 1998 low and definitely it's no stock,so it can go to zero and it will have to rebound to higher levels.
So what do you think about building long position with small leverage so even if it go down to 10,-( I don't think it will) ,it won't hurt and eventually it will go up.
Whether you think you can, or you think you can't,you're right. H.F.
  • #8,747
  • Mar 18, 2020 6:39am Mar 18, 2020 6:39am
USD/JPY 4 hour chart update.


USD/JPY, I'm in at 107.480
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-h4-tw-corp-u-j.png Size: 35 KB
Patience, let the trade come to you.
  • #8,748
  • Mar 18, 2020 6:43am Mar 18, 2020 6:43am
Quoting Simply-Me
Guys anybody in oil? I think oil with today prices bring to us nice opportunity to make some money in long term. The question is how deeper it could go? Sure there is still some room for down,but I don't think it'll hit 1998 low and definitely it's no stock,so it can go to zero and it will have to rebound to higher levels. So what do you think about building long position with small leverage so even if it go down to 10,-( I don't think it will) ,it won't hurt and eventually it will go up.
only olive oil

what is symbol name will look @ it
Forex can only be understood backwards, but it must be traded forwards.
  • #8,749
  • Mar 18, 2020 6:46am Mar 18, 2020 6:46am
Quoting PokerChip
USD/JPY 4 hour chart update. USD/JPY, I'm in at 107.480 {image}
good day PC

USDJPY
breaking 107.485 will be nice TP should be 108.900
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #8,750
  • Mar 18, 2020 6:47am Mar 18, 2020 6:47am
Quoting prozor7
{quote} EURAUD SL 1.85847 TP 1.83798 - 1.82911
sure about that
  • #8,751
  • Mar 18, 2020 6:56am Mar 18, 2020 6:56am
Quoting jrushing
{quote} sure about that
yes
Attached Image


price bounced from 1.85530 level down 60 pips in first attempt
now retesting again
Attached Image


SL 32 pips
RR 1:5
Forex can only be understood backwards, but it must be traded forwards.
  • #8,752
  • Mar 18, 2020 6:58am Mar 18, 2020 6:58am
Good day everyone.

I had manually closed my positions for
EURGBP and USDCAD.

Taken lost at 20% overall still profits is whether more or less but ok part of the game.. market is also crazy again pushing some pairs to the extreme area. Good I like because it is cheap to buy or sell.

Market has changed so we must change the way we trade and look at things... we have to change to adapt the market and not the market adapt to us... remember we cannot fight with the market..

Time to really stay focus time has changed this is by far the most worst hit crisis I have seen in my 10 years trading career.. never seen things like this before.. well it could be a 10 years cycle... global recession has just begun.
Time to reflect....

Trade safe guys.

Cheers.
10% buy 10% sell 80% waiting
  • #8,753
  • Mar 18, 2020 7:02am Mar 18, 2020 7:02am
Sorry that I have no time to read all the posts because of the market situation and my busy schedule.
10% buy 10% sell 80% waiting
  • #8,754
  • Mar 18, 2020 7:13am Mar 18, 2020 7:13am
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. 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.
Oil
10% buy 10% sell 80% waiting
  • #8,755
  • Mar 18, 2020 7:19am Mar 18, 2020 7:19am
Quoting prozor7
{quote} yes {image} price bounced from 1.85530 level down 60 pips in first attempt now retesting again {image} SL 32 pips RR 1:5
1.8692 is the point to watch, this is due to the Audusd
  • #8,756
  • Mar 18, 2020 7:21am Mar 18, 2020 7:21am
Quoting Simply-Me
Guys anybody in oil? I think oil with today prices bring to us nice opportunity to make some money in long term. The question is how deeper it could go? Sure there is still some room for down,but I don't think it'll hit 1998 low and definitely it's no stock,so it can go to zero and it will have to rebound to higher levels. So what do you think about building long position with small leverage so even if it go down to 10,-( I don't think it will) ,it won't hurt and eventually it will go up.
The airlines use the most oil. Add in everything that is shut down or being shut down, oil could go to $8.00 per bbl.

With oil at $8.00 that would collapse OPEC. I think all OPEC countries are all socialist countries, and they could also collapse.

I think you're long call for oil is a excellent idea.
Patience, let the trade come to you.
  • #8,757
  • Mar 18, 2020 7:23am Mar 18, 2020 7:23am
Quoting TraderR0N
Tips. If Dollar would to surpass to 100ish area then I would think that President Trump would want MR Powell to cut rates at the next FOMC meeting. Dollar too strong isn’t good for the US and Trump dislike Dollar too strong. This is going to be interesting to see Dollar collapsing back down to 97 - 96 area or even lower.. Trade safe guys and good night. See you guys soon.

Indeed all came true.
10% buy 10% sell 80% waiting
  • #8,758
  • Mar 18, 2020 7:25am Mar 18, 2020 7:25am
GBP/USD 4 hour chart update.

Not sure where the bottom is.

I'm stuck 2 times now, and this is the lowest GBP/USD has ever been since 1994.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-g-u.png Size: 35 KB
Patience, let the trade come to you.
  • #8,759
  • Mar 18, 2020 7:26am Mar 18, 2020 7:26am
I can see USD/JPY moving up with in a hour or so.
Patience, let the trade come to you.
  • #8,760
  • Mar 18, 2020 7:28am Mar 18, 2020 7:28am
Dollar crashing is coming soon. Watch.

EURAUD has scope to go higher to 1.87000

EURNZD has scope to go higher to 1.90000.

USDCAD has scope to go higher to 1.45000.

EURGBP has scope to go higher to 0.95000.

Crazy market at the moment.
10% buy 10% sell 80% waiting
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