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The Jail Break System

  • #10,541
  • Apr 1, 2020 2:44am Apr 1, 2020 2:44am
Quoting billytt
Cable 08-00 low break. i closed with 2 points and just waiting to re short it , i do not normally do this . Just wait to correct if it fails. t 08-33

wow, who would of believed it. lol, i got the high break
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,542
  • Apr 1, 2020 2:46am Apr 1, 2020 2:46am
Quoting billytt
{quote} wow, who would of believed it. lol, i got the high break
Ha ha... I believe you.. lol
10% buy 10% sell 80% waiting
  • #10,543
  • Apr 1, 2020 2:48am Apr 1, 2020 2:48am
Quoting TraderR0N
{quote} Agree prozor7. 1.47 - 1.48 is still possible if Oil would to drop below $20.
I don't see any reason why OIL should not drop below 20, when USA stop and it should
it will be interesting to watch
Forex can only be understood backwards, but it must be traded forwards.
  • #10,544
  • Apr 1, 2020 2:50am Apr 1, 2020 2:50am
Quoting prozor7
{quote} I don't see any reason why OIL should not drop below 20, when USA stop and it should it will be interesting to watch
Hope so not still waiting for it to recover back up to $50 - $60 area.. but of cos anything can happen at this current situation.. finger cross.. lol

Some say Gold will eventually drop to $800 - $900.

Some say Oil will recover back or drop back down. Will see it is gonna to be interesting.. Listen too much will jeopardise your trade.

Best is to trade what you see..
10% buy 10% sell 80% waiting
  • #10,545
  • Apr 1, 2020 2:51am Apr 1, 2020 2:51am
EURGBP
0.88694 - 0.87893 are major support lines where I'm looking to go long
Forex can only be understood backwards, but it must be traded forwards.
  • #10,546
  • Apr 1, 2020 2:52am Apr 1, 2020 2:52am
EURJPY
117.814 - 117.033 are major support lines where I'm looking to go long
Forex can only be understood backwards, but it must be traded forwards.
  • #10,547
  • Apr 1, 2020 2:57am Apr 1, 2020 2:57am
Quoting billytt
{quote} wow, who would of believed it. lol, i got the high break

If, i had still been short, that would of failed,, IT DID FAIL , for some reason i had closed my short, i did say.
If it had failed . i would of countered on the high break, it would of been fixed plus 5%.
As it is, i got 2 then +5% lol
,

Now i can play small lot game.t 08-56
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,548
  • Apr 1, 2020 2:57am Apr 1, 2020 2:57am
Quoting TraderR0N
{quote} Hope so not still waiting for it to recover back up to $50 - $60 area.. but of cos anything can happen at this current situation.. finger cross.. lol Some say Gold will eventually drop to $800 - $900. Some say Oil will recover back or drop back down. Will see it is gonna to be interesting.. Best is to trade what you see..
I agree with that, in global crises and IMHO this one is worst ever, people will need money, not Gold, not Crypto, not Stock.
Asia will recover first because of discipline nation, Australia second because they are isolated....
Forex can only be understood backwards, but it must be traded forwards.
  • #10,549
  • Apr 1, 2020 2:58am Apr 1, 2020 2:58am
GU has just turned on the 1 hr tf with an inside bar. Looks like the rise on the daily is in motion. Waiting for the close of the present 4hr candle to confirm a buy. What do you think guys.

Edit
It actually closed as a reverse hammer. Still looking at the 4hr tf. Looks like one has to target minor pips in GU this week unlike the bazookas that came last week.
  • #10,550
  • Apr 1, 2020 2:59am Apr 1, 2020 2:59am
Quoting prozor7
{quote} I agree with that, in global crises and IMHO this one is worst ever, people will need money, not Gold, not Crypto, not Stock. Asia will recover first because of discipline nation, Australia second because they are isolated....
Well said.
10% buy 10% sell 80% waiting
  • #10,551
  • Apr 1, 2020 3:01am Apr 1, 2020 3:01am
Quoting ghenghen
GU has just turned on the 1 hr tf with an inside bar. Looks like the rise on the daily is in motion. Waiting for the close of the present 4hr candle to confirm a buy. What do you think guys.
Hi, i trade lines.. my bias is cable to short, but that means nothing.
No line no trade.
I was short, then long and now just waiting.
Next trade, no idea where it is going, but the line breaks i trade it, I
If it fails , i counter and fix.
trade well. Take Care.
t 09-01
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,552
  • Apr 1, 2020 3:01am Apr 1, 2020 3:01am
GBPNZD
2.09447 - 2.10513 resistance lines breaking up 2.13393 - 2.13849
Forex can only be understood backwards, but it must be traded forwards.
  • #10,553
  • Apr 1, 2020 3:04am Apr 1, 2020 3:04am
Quoting TraderR0N
{quote} Well said.
That question is debatable,
If you speak commerce, Asia will recover if they can continue to export,
If no export a lot of people will not be working/eating.

Just saying, i am not being negative...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,554
  • Apr 1, 2020 3:04am Apr 1, 2020 3:04am
GBPUSD
1.23237 - 1.23955 resistance lines breaking up 1.28205 - 1.28922
down 1.20881 - 1.20164
it smell up
Forex can only be understood backwards, but it must be traded forwards.
  • #10,555
  • Apr 1, 2020 3:07am Apr 1, 2020 3:07am
Quoting billytt
{quote} That question is debatable, If you speak commerce, Asia will recover if they can continue to export, If no export a lot of people will not be working/eating. Just saying, i am not being negative...

you are not negative for me what you said is realistic, global consumption as we know in last 20 years should end.
more countries should make 180 turn and start productions local.
Forex can only be understood backwards, but it must be traded forwards.
  • #10,556
  • Apr 1, 2020 3:08am Apr 1, 2020 3:08am
Quoting prozor7
GBPUSD 1.23237 - 1.23955 resistance lines breaking up 1.28205 - 1.28922 down 1.20881 - 1.20164 it smell up
GBPUSD.
Now is trading inside between price 1.24720 and
1.22390.

Just have to watch for breakout either way.
10% buy 10% sell 80% waiting
  • #10,557
  • Apr 1, 2020 3:10am Apr 1, 2020 3:10am
Traders,

EURUSD is getting close of breaking 1.09500 support.

Retest at 1.09000 or new low at 1.08500 still possible.
10% buy 10% sell 80% waiting
  • #10,558
  • Apr 1, 2020 3:20am Apr 1, 2020 3:20am
Quoting TraderR0N
Traders, EURUSD is getting close of breaking 1.09500 support. Retest at 1.09000 or new low at 1.08500 still possible.
Finally broke the support at 1.09500.
EURUSD.
10% buy 10% sell 80% waiting
  • #10,559
  • Apr 1, 2020 3:22am Apr 1, 2020 3:22am
Quoting prozor7
EURJPY 117.814 - 117.033 are major support lines where I'm looking to go long
EURJPY - update
pending buy 117.520
tight SL
Forex can only be understood backwards, but it must be traded forwards.
  • #10,560
  • Apr 1, 2020 3:24am Apr 1, 2020 3:24am
Quoting TraderR0N
Key support for EURUSD at 1.09500 for more downside. Key support for GBPUSD at 1.22400 for more downside. Key resistance for USDJPY at 108.720 for more upside. Keep a look out.
Watch out.
10% buy 10% sell 80% waiting
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