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The Jail Break System

  • #8,841
  • Mar 19, 2020 2:19am Mar 19, 2020 2:19am
Quoting SKLearn
{quote} money is changing hands...do not know who is who.
I understand what is happening, strong currency,bond buying etc.
Lots of stock/share prices at beautiful prices for takeovers. But something is wrong.
As long as we have trigger lines I can trade as normal. I felt odd going long before lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,842
  • Mar 19, 2020 2:25am Mar 19, 2020 2:25am
IMHO....

USDCAD still has scope to go higher to 1.48 - 1.55 after pullback.

EURUSD still has scope to go lower to 1.0000 - 0.95000 after pullback.

GBPUSD still has scope to go lower to 1.14 - 1.13 after pullback:

XAUUSD ( Gold ) still has room to go up to $1566 - $1570 before major crash coming back down to $900 - $800.

USDJPY still has scope to go higher to 110 - 111.

Dollar Index still has scope to go higher to 103 - 104 then major crash coming back down to 90 - 88.

Plan your trade well.

This is just my prediction for what I see in my weekly and monthly chart.

Cheers.
10% buy 10% sell 80% waiting
  • #8,843
  • Mar 19, 2020 2:27am Mar 19, 2020 2:27am
Quoting TraderR0N
IMHO.... USDCAD still has scope to go higher to 1.48 - 1.55 after pullback. EURUSD still has scope to go lower to 1.0000 - 0.95000 after pullback. GBPUSD still has scope to go lower to 1.14 - 1.13 after pullback: XAUUSD ( Gold ) still has room to go up to $1566 - $1570 before major crash coming back down to $900 - $800. USDJPY still has scope to go higher to 110 - 111. Dollar Index still has scope to go higher to 103 - 104 then major crash coming back down to 90 - 88. Plan your trade well. Cheers.
I am planning to buy physical Gold if it hits below 700. time to load them. might go lower than this.

I suppose USDCAD will bounce super great once it hits the gap.
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Determination + Persistence = Success
  • #8,844
  • Mar 19, 2020 2:28am Mar 19, 2020 2:28am
Quoting TraderR0N
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.
This I predicted correctly.

Strong resistance at 0.95000 for EURGBP. It cannot break above this level.. will probably gets rejection then come back down or will come down at the current levels.
10% buy 10% sell 80% waiting
  • #8,845
  • Mar 19, 2020 2:29am Mar 19, 2020 2:29am
Quoting SKLearn
{quote} I am planning to buy physical Gold if it hits below 700. time to load them. might go lower than this. I suppose USDCAD will bounce super great once it hits the gap.
Agree with you SKLearn.
10% buy 10% sell 80% waiting
  • #8,846
  • Mar 19, 2020 2:31am Mar 19, 2020 2:31am
Quoting PokerChip
USD/JPY 4 hour trading update. Okay, I've been watching the pair. Here's what I think, I think that they'll be another red 4 hour candle, so we will have at least 2 red candles. I will be a buyer at 107.500 or lower and it might go lower. {image}
What a genius. I've been observing this particular trade and it's turning out exactly how you predicted
"The market doesn't care about you, stop hoping it will." Dirk
  • #8,847
  • Mar 19, 2020 2:33am Mar 19, 2020 2:33am
Quoting SKLearn
{quote} I am planning to buy physical Gold if it hits below 700. time to load them. might go lower than this. I suppose USDCAD will bounce super great once it hits the gap.

Provided Oil recovers back up to $50 level which I think it is impossible might even drop down to $17 - $10.

Yes did mention before in my earlier post that USDCAD might close the gaps at around 1.34000 area but problem is when will it come.. will see how price behave.
10% buy 10% sell 80% waiting
  • #8,848
  • Mar 19, 2020 2:38am Mar 19, 2020 2:38am
At the moment with the market situation.. we have to look at bigger picture timeframe like weekly and monthly chart for the major support and resistance area for a bounce back up or down for some pairs.. in Daily it had broke all the support and resistance for some pairs so time to look at weekly and monthly for major levels.
10% buy 10% sell 80% waiting
  • #8,849
  • Mar 19, 2020 2:39am Mar 19, 2020 2:39am
Stay focus and alert at all times.
10% buy 10% sell 80% waiting
  • #8,850
  • Mar 19, 2020 2:40am Mar 19, 2020 2:40am
Quoting TraderR0N
{quote} Provided Oil recovers back up to $50 level which I think it is impossible might even drop down to $17 - $10. Yes did mention before in my earlier post that USDCAD might close the gaps at around 1.34000 area but problem is when will it come.. will see how price behave.
sometimes both oil and usdcad run in the same direction to offset the high value of USD and then buy usdcad at cheap price.
it could happen with the current scenario.
Determination + Persistence = Success
  • #8,851
  • Mar 19, 2020 2:42am Mar 19, 2020 2:42am
Quoting SKLearn
{quote} sometimes both oil and usdcad run in the same direction to offset the high value of USD and then buy that cheap price. it could happen with the current scenario.
Yes you’re right SKLearn.

Something is just not right in the FX markets...

But Dollar is still the king just like cash. lol.

Oil is down dollar will be strong...
10% buy 10% sell 80% waiting
  • #8,852
  • Mar 19, 2020 2:44am Mar 19, 2020 2:44am
Quoting TraderR0N
{quote} Yes you’re right SKLearn. Something is just not right in the FX markets... But Dollar is still the king just like cash. lol.
In God We Trust
Determination + Persistence = Success
  • #8,853
  • Mar 19, 2020 2:45am Mar 19, 2020 2:45am
Quoting SKLearn
{quote} In God We Trust


Just trade safe and protect your capital is more important. Losing profits is better then losing capital.. we always have opportunities to trade. Don’t rush and force trade.
It will kill your account... Ha ha..
10% buy 10% sell 80% waiting
  • #8,854
  • Mar 19, 2020 2:48am Mar 19, 2020 2:48am
Quoting TraderR0N
{quote} Just trade safe and protect your capital is more important. Losing profits is better then losing capital.. we always have opportunities to trade. Don’t rush and force trade. It will kill your account... Ha ha..
Thank you.
with you on that..only risking half percent and I don't take more than 2 trades, that also provided the first one is in profit and covering the half percent.
Determination + Persistence = Success
  • #8,855
  • Mar 19, 2020 2:48am Mar 19, 2020 2:48am
Taking a break from the market... Gonna leave now and see you guys around.

Stay safe and trade safe everyone.
10% buy 10% sell 80% waiting
  • #8,856
  • Mar 19, 2020 2:49am Mar 19, 2020 2:49am
Quoting SKLearn
{quote} Thank you. with you on that..only risking half percent and I don't take more than 2 trades, that also provided the first one is in profit and covering the half percent.
Yes partially close with profits. Well done.
Or close early losses..
10% buy 10% sell 80% waiting
  • #8,857
  • Mar 19, 2020 3:19am Mar 19, 2020 3:19am
Quoting billytt
Cable. 08-00. 15 minute bar break. High broke I went long and got the +5% yaaay. That is me done, BUT if i have a trigger I will short Cable. Trade well all t 08-23
still a big range on that bill. What would your max of range be on on the 15mins bar. I know it’s slightly different with the circumstances.
  • #8,858
  • Mar 19, 2020 3:36am Mar 19, 2020 3:36am
Would love to see H1 close < 8350
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  • #8,859
  • Mar 19, 2020 4:01am Mar 19, 2020 4:01am
This is the worst hit crisis we are in.

Thanks to COVID-19.
You will be remembered and that is for sure.
10% buy 10% sell 80% waiting
  • #8,860
  • Mar 19, 2020 4:01am Mar 19, 2020 4:01am
Quoting RieseP
{quote} still a big range on that bill. What would your max of range be on on the 15mins bar. I know it’s slightly different with the circumstances.
On the 08-00 anything up to 30 range is standard but today it was 32. It was that quick re trace up after almost breaking low that gave me the incentive to long. I had plenty to play with. It is easier for me to say after the event. But I hit it with a full lot.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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