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The Jail Break System

  • #10,641
  • Apr 1, 2020 10:31am Apr 1, 2020 10:31am
Quoting PokerChip
{quote} They're really playing games this week.
It is the brokers favourites moment when market is madness... ha ha.

Spike your stops for sure. Normal been through it. Ha ha.
10% buy 10% sell 80% waiting
  • #10,642
  • Apr 1, 2020 10:35am Apr 1, 2020 10:35am
Quoting prozor7
{quote} EURJPY - update TP reach long
EURJPY - update
price have problem breaking 117.283
protect long
Forex can only be understood backwards, but it must be traded forwards.
  • #10,643
  • Apr 1, 2020 10:37am Apr 1, 2020 10:37am
USDJPY - 107 - 106.500 must hold.

I bought at price 107.300.
10% buy 10% sell 80% waiting
  • #10,644
  • Edited 12:51pm Apr 1, 2020 10:38am | Edited 12:51pm
GBP/CAD 4 hour chart update.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcadi-h4-tw-corp-g-c.png Size: 44 KB
Patience, let the trade come to you.
  • #10,645
  • Apr 1, 2020 10:39am Apr 1, 2020 10:39am
Quoting TraderR0N
New trades. Have sold EURUSD at 1.10300. Pending sell order at 1.10500 if reach. Have sold GBPUSD at 1.24000. Have bought USDJPY at 107.300. Old trades. Last signal sell trade for USDJPY at 108.600. Target was hit at 107.500. Last signal buy trade for EURUSD at 1.09500. Target was hit at 1.10200. Have a good trading day.
Currently still holding these trades.
10% buy 10% sell 80% waiting
  • #10,646
  • Apr 1, 2020 10:40am Apr 1, 2020 10:40am
Quoting TraderR0N
I have sold AUDUSD and AUDJPY. AUDUSD broke support at 0.60810. More downside. AUDJPY broke support at 65.570. More downside. Target for AUDUSD at 0.60200. Target for AUDJPY at 63.900. Have a good trading week. Patience with trades.
And these.
10% buy 10% sell 80% waiting
  • #10,647
  • Apr 1, 2020 10:41am Apr 1, 2020 10:41am
Quoting TraderR0N
{quote} AUDUSD - AUDJPY and EURAUD had a spike. Im still holding on to short AUDUSD and AUDJPY. No changes.. patience it will come.. matter of time. It was a nice gain of 40 pips when the spike came suddenly. This is the risk we have to swallow. I should have taken that 40 pips gained but because of greed... greed kills. Well anything in FX market can happen in a blink of eyes. lol...
Anybody knows the reason for the spike earlier? I entered short AUDJPY 40 minutes before the spike, put in a 120 pips stop loss which I thought was wide enough, and it hit my stop loss right at the top of the spike. Talk about timing and placing.

This is the 2nd time I had such encounter. Few days ago I was long AUDCAD, and it had a spike downwards and hit my stop loss right at the bottom after going into profit of 70 pips.

The earlier spike only affects AUD and NZD (to some extend), but not on the other USD pairs. I see no news that has to do with AUD. The nearest news is US Crude oil inventory, which i thought would have affect USD mostly.

Can someone clarify the reason?
  • #10,648
  • Apr 1, 2020 10:41am Apr 1, 2020 10:41am
Quoting TraderR0N
Bought EURCAD. Bought EURAUD. Bought EURNZD. Sold EURJPY.
And these.
10% buy 10% sell 80% waiting
  • #10,649
  • Apr 1, 2020 10:44am Apr 1, 2020 10:44am
We have to master ourself first before mastering a system.

Once you have a system you have to trust your system.

Agree?
10% buy 10% sell 80% waiting
  • #10,650
  • Apr 1, 2020 10:45am Apr 1, 2020 10:45am
Yesterday I lost 10percent of my account, today im only down about 6, so big improvement Im long on cable, short on USDJPY so if you all do the opposite youll be rich
  • #10,651
  • Apr 1, 2020 10:49am Apr 1, 2020 10:49am
Quoting TraderR0N
We have to master ourself first before mastering a system. Once you have a system you have to trust your system. Agree?
I can trust that the market maker will do everything possible help himself.
Patience, let the trade come to you.
  • #10,652
  • Apr 1, 2020 10:50am Apr 1, 2020 10:50am
Quoting PokerChip
{quote} I can trust that the market maker will do everything possible help himself.
Good post. I like. Absolutely agree....
10% buy 10% sell 80% waiting
  • #10,653
  • Apr 1, 2020 10:51am Apr 1, 2020 10:51am
BRB
10% buy 10% sell 80% waiting
  • #10,654
  • Apr 1, 2020 10:52am Apr 1, 2020 10:52am
Dollar Index is still sleeping. Got to wake him up. Quick. lol
10% buy 10% sell 80% waiting
  • #10,655
  • Apr 1, 2020 10:57am Apr 1, 2020 10:57am
took USDCAD short now 1.4213.
Determination + Persistence = Success
  • #10,656
  • Apr 1, 2020 11:07am Apr 1, 2020 11:07am
Quoting SKLearn
took USDCAD short now 1.4213.
I just did too, looks to me that we're above the box and should see the drop coming.
  • #10,657
  • Apr 1, 2020 11:09am Apr 1, 2020 11:09am
Quoting SKLearn
took USDCAD short now 1.4213.
Hi SKLearn,

Just becareful with your short trade. Might go up to 1.44 - 1.45 area.. now price is building bullish structure and is a sign of a continuation trend. Consolidation at the moment. Challenging pair..
10% buy 10% sell 80% waiting
  • #10,658
  • Apr 1, 2020 11:15am Apr 1, 2020 11:15am
EURJPY - Price to watch 117.000 for a bounce...

If price would to drop down to 116.200 then afraid that more downside to come along to target 114.000 area.
10% buy 10% sell 80% waiting
  • #10,659
  • Apr 1, 2020 11:18am Apr 1, 2020 11:18am
Wow - just switched on and noticed the spike on AUD pairs!!

Anyone know what caused it?
  • #10,660
  • Apr 1, 2020 11:21am Apr 1, 2020 11:21am
Quoting vinckkw
{quote} Anybody knows the reason for the spike earlier? I entered short AUDJPY 40 minutes before the spike, put in a 120 pips stop loss which I thought was wide enough, and it hit my stop loss right at the top of the spike. Talk about timing and placing. This is the 2nd time I had such encounter. Few days ago I was long AUDCAD, and it had a spike downwards and hit my stop loss right at the bottom after going into profit of 70 pips. The earlier spike only affects AUD and NZD (to some extend), but not on the other USD pairs. I see no news that has...
Hi vinckkw,

Sorry I miss your post.

Im not too sure what causes it..

Notice you’re from Singapore too.
10% buy 10% sell 80% waiting
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