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The Jail Break System

  • #9,161
  • Mar 23, 2020 10:11am Mar 23, 2020 10:11am
JPY cross pairs is weak because Stocks are recovering and will hit new high soon as mention before...
10% buy 10% sell 80% waiting
  • #9,162
  • Mar 23, 2020 10:24am Mar 23, 2020 10:24am
Long CADJPY going expected. Will hit my target soon at 77.000. Entry was at 76.300.
10% buy 10% sell 80% waiting
  • #9,163
  • Mar 23, 2020 10:28am Mar 23, 2020 10:28am
USD/JPY 4 hour chart update.

Still moving up, I still think the pair will pass the reversal point and continue up.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-h4-tw-corp-u-j-2.png Size: 38 KB
Patience, let the trade come to you.
  • #9,164
  • Mar 23, 2020 10:32am Mar 23, 2020 10:32am
I have a another set of buy EURJPY also hitting soon for the next target at 120.000.

Also mention earlier that JPY cross pairs will surprise everyone. It’s happening now.

Trading is all about price, time and patience.
10% buy 10% sell 80% waiting
  • #9,165
  • Mar 23, 2020 10:41am Mar 23, 2020 10:41am
This thread is full of informations.
10% buy 10% sell 80% waiting
  • #9,166
  • Mar 23, 2020 10:45am Mar 23, 2020 10:45am
DXY finds intraday support at 101.750. If beaks below more lows to come along... slowly it will reach 90 - 88 or even 77 area not surprise to me...
10% buy 10% sell 80% waiting
  • #9,167
  • Mar 23, 2020 11:07am Mar 23, 2020 11:07am
USD/JPY moving up slow and steady.

When and if the senate passes this stimulus bill I look for the dollar to move up.
Patience, let the trade come to you.
  • #9,168
  • Mar 23, 2020 11:18am Mar 23, 2020 11:18am
Quoting PokerChip
USD/JPY moving up slow and steady. When and if the senate passes this stimulus bill I look for the dollar to move up.
Delays could push stimulus package to Friday.... think it will push through....

I would like to see price break through 111.500 - 111.800 and stays above then will take off...
10% buy 10% sell 80% waiting
  • #9,169
  • Mar 23, 2020 11:27am Mar 23, 2020 11:27am
Poker Chip/ members of the thread-

Could you please critique my work, i have only recently started reading the thread and yet to cover the bulk of the thread-so apologizes if i missed out anything.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.png Size: 54 KB


The cross of 200 & 800 EMA denotes the 3rd level on the bullish side- I have marked the box which i felt were railroad tracks. There is also a big red candle which looks to be a fake out. So once the price break out of the box, we go for Long Trade?

Example is based on USD/CHF- Hourly Chart- 13,50,200 & 800 EMA's

Thank You
  • #9,170
  • Mar 23, 2020 11:29am Mar 23, 2020 11:29am
Quoting TraderR0N
{quote} Delays could push stimulus package to Friday.... think it will push through.... I would like to see price break through 111.500 - 111.800 and stays above then will take off...
They need to pass it today.

This is why I stayed in the trade, I think that this could move up another 100-200 pips.

I getting ready to put my seat belt on Trader Ron , ha ha.

My GBP/JPY is starting to look better, my GBP/USD not so much, haha.
Patience, let the trade come to you.
  • #9,171
  • Mar 23, 2020 11:30am Mar 23, 2020 11:30am
Quoting PokerChip
{quote} They need to pass it today. This is why I stayed in the trade, I think that this could move up another 100-200 pips. I getting ready to put my seat belt on Trader Ron , ha ha.
Nice PokerChip. I’m ready for this pair to move up to 112 - 113 first.. ha ha..
10% buy 10% sell 80% waiting
  • #9,172
  • Mar 23, 2020 11:32am Mar 23, 2020 11:32am
Quoting aaven
Poker Chip/ members of the thread- Could you please critique my work, i have only recently started reading the thread and yet to cover the bulk of the thread-so apologizes if i missed out anything. {image} The cross of 200 & 800 EMA denotes the 3rd level on the bullish side- I have marked the box which i felt were railroad tracks. There is also a big red candle which looks to be a fake out. So once the price break out of the box, we go for Long Trade? Example is based on USD/CHF- Hourly Chart- 13,50,200 & 800 EMA's Thank You
Hi Aaven, look for boxes on daily chart, then go down TFs for entries.
  • #9,173
  • Mar 23, 2020 11:34am Mar 23, 2020 11:34am
Nowadays price action is behaving so weird on Gold and USDJPY trade.

USDJPY is up and Gold is also up. Suppose to run opposite direction...
10% buy 10% sell 80% waiting
  • #9,174
  • Mar 23, 2020 11:37am Mar 23, 2020 11:37am
My short EURAUD and EURNZD moving along well.. hope it last. lol...
10% buy 10% sell 80% waiting
  • #9,175
  • Mar 23, 2020 11:37am Mar 23, 2020 11:37am
Quoting aaven
Poker Chip/ members of the thread- Could you please critique my work, i have only recently started reading the thread and yet to cover the bulk of the thread-so apologizes if i missed out anything. {image} The cross of 200 & 800 EMA denotes the 3rd level on the bullish side- I have marked the box which i felt were railroad tracks. There is also a big red candle which looks to be a fake out. So once the price break out of the box, we go for Long Trade? Example is based on USD/CHF- Hourly Chart- 13,50,200 & 800 EMA's Thank You
Aaven,
I can tell by the way you think that you're a smart trader.

That big red candle that you speak of is the market makers trap candle.

He wants you to be a seller, when the truth is just the opposite.

I tell the traders here this, when you look at a chart you want to see the opposite.

And that's exactly what you did, very nice on your part.

You are going to be a very good trader.

This pair is moving up.
Patience, let the trade come to you.
  • #9,176
  • Mar 23, 2020 11:40am Mar 23, 2020 11:40am
Quoting TraderR0N
Nowadays price action is behaving so weird on Gold and USDJPY trade. USDJPY is up and Gold is also up. Suppose to run opposite direction...
Gold is up big today.

USD/JPY is up big today.

Dow is down, what's that tell you ?

Traders are putting they're money in safe places.
Patience, let the trade come to you.
  • #9,177
  • Mar 23, 2020 11:42am Mar 23, 2020 11:42am
Quoting PokerChip
{quote} Gold is up big today. USD/JPY is up big today. Dow is down, what's that tell you ? Traders are putting they're money in safe places.
Yes agree and that is what I thought so too at first... but is it true? This I’m a little confuse... ha ha
10% buy 10% sell 80% waiting
  • #9,178
  • Mar 23, 2020 11:48am Mar 23, 2020 11:48am
Quoting TraderR0N
{quote} Yes that is what I thought so too at first... but is it true? This I’m a little confuse... ha ha
I'm up 90+ pips on USD/JPY right now .

I think it still has room to run.

IF they pass this bill the dollar will fly. I think it has a 95% chance to pass.

They know voters are watching, mounting pressure.

I think gold will also move up along with the dollar.
Patience, let the trade come to you.
  • #9,179
  • Mar 23, 2020 11:51am Mar 23, 2020 11:51am
Gold hard resistance area is at $1588 and have to break above it if not will definitively coming back down to test $1500.
10% buy 10% sell 80% waiting
  • #9,180
  • Mar 23, 2020 12:04pm Mar 23, 2020 12:04pm
Quoting PokerChip
{quote} I'm up 90+ pips on USD/JPY right now . I think it still has room to run. IF they pass this bill the dollar will fly. I think it has a 95% chance to pass. They know voters are watching, mounting pressure. I think gold will also move up along with the dollar.

Man, being cooped up all day for safety and having this kind of shit going on in politics and the markets. I feel my stress levels rising.
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