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The Jail Break System

  • #11,941
  • Apr 17, 2020 7:47am Apr 17, 2020 7:47am
Quoting billytt
nah, King Dollar $$$$$ until we go electronic. yaaaaaaaaaaaaaaaaaaaay
EURUSD
above 1.08544 I'm buying
Forex can only be understood backwards, but it must be traded forwards.
  • #11,942
  • Apr 17, 2020 7:58am Apr 17, 2020 7:58am
Quoting PokerChip
NZD/JPY 4 hour chart update. {image}

Hi PC, how u doing on Aud Cad? its still a strong buy in my book for at least another 80 odd pips to test March high. sentiment is still extreme sell with just a few buys added though that should gradually increase now that it broke the DTL from March high
  • #11,943
  • Apr 17, 2020 8:01am Apr 17, 2020 8:01am
EURJPY
completely forgot about him
above 116.802 I'm buying - tight stop
Forex can only be understood backwards, but it must be traded forwards.
  • #11,944
  • Edited 8:22am Apr 17, 2020 8:02am | Edited 8:22am
Cable, this is 13-00 1 hour bar on the 00-00 low line, might be a fun trade.
t 14-02



it is now 14-22 , nothing happened......
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,945
  • Apr 17, 2020 8:10am Apr 17, 2020 8:10am
Quoting billytt
{quote} Hi PC. hope you family are well . It is absolutely beating it down here with rain........ Trade well, hope your Cable request comes true. Trade well, Stay safe.
Good morning Billy I hope you and your main squeeze are safe and doing well too.

It's been raining here since last night, very steady rain. A mushroom rain if you will.

If GBP/USD can move above 1.25231 it will be off to the races.

Keep your fingers crossed.
Patience, let the trade come to you.
  • #11,946
  • Apr 17, 2020 8:14am Apr 17, 2020 8:14am
Quoting PokerChip
{quote} Good morning Billy I hope you and your main squeeze are safe and doing well too. It's been raining here since last night, very steady rain. A mushroom rain if you will. If GBP/USD can move above 1.25231 it will be off to the races. Keep your fingers crossed.
I hope it does bud..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,947
  • Apr 17, 2020 8:15am Apr 17, 2020 8:15am
Quoting pamc
{quote} Hi PC, how u doing on Aud Cad? its still a strong buy in my book for at least another 80 odd pips to test March high. sentiment is still extreme sell with just a few buys added though that should gradually increase now that it broke the DTL from March high
Good morning PAMC I hope you and your family are safe.

I am still waiting for AUD/CAD to come to me.

I raised my sell up a bit to .90700

We will see if it gets there, probably not today.

Stay Safe.
Patience, let the trade come to you.
  • #11,948
  • Apr 17, 2020 8:17am Apr 17, 2020 8:17am
EURNZD
above 1.80050 I'm buying tight stop
Forex can only be understood backwards, but it must be traded forwards.
  • #11,949
  • Apr 17, 2020 8:19am Apr 17, 2020 8:19am
[quote=billytt;12883361]
Quoting SidneyMagal
AUD is soon to be the most powerful currency in the world, BUY AUD, lots of it and buy it now, Ive been saying that all week haven't I?! nah, King Dollar $$$$$ until we go electronic. yaaaaaaaaaaaaaaaaaaaay
I meant that tongue in cheek as it seems a bit untouchable at the moment...
  • #11,950
  • Apr 17, 2020 8:22am Apr 17, 2020 8:22am
[quote=SidneyMagal;12883511]
Quoting billytt
{quote} I meant that tongue in cheek as it seems a bit untouchable at the moment...
sorry, lol, ex wife joked like that . yaaaaaaaaaaaaaaaay, Stay Safe
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,951
  • Apr 17, 2020 8:42am Apr 17, 2020 8:42am
Quoting pamc
{quote} Hi P, don't want to interfere with your methodology. You are doing just fine without my input. Just added that there are larger orders further below than above, as are stop loss clusters . MM have to go where the orders are. No other way around it. If there are hardly any above then it follows that it will drop to fulfill somewhat those pendings and then try to shake them out while parallel inducing more sellers to onboard prior to reversing.
hi P,
I'm always open to learn. what are you saying make a lot of sense to me. just point in right direction what to look
Forex can only be understood backwards, but it must be traded forwards.
  • #11,952
  • Apr 17, 2020 8:50am Apr 17, 2020 8:50am
NZDUSD
below 0.60686 I'm selling
Forex can only be understood backwards, but it must be traded forwards.
  • #11,953
  • Apr 17, 2020 9:07am Apr 17, 2020 9:07am
GBP/USD 4 hour chart update.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-g-u.png Size: 46 KB
Patience, let the trade come to you.
  • #11,954
  • Apr 17, 2020 9:48am Apr 17, 2020 9:48am
How to tell the difference between the good times being about to roll in and whats happening just being a Stop Loss Hunt in the direction I happen to be holding trades??
  • #11,955
  • Apr 17, 2020 10:01am Apr 17, 2020 10:01am
one more update GU ( sorry pc)

still long since 1.2433

possible rising wedge!!

Attached Image (click to enlarge)
Click to Enlarge Name: 20200417_165621.jpg Size: 318 KB
  • #11,956
  • Apr 17, 2020 10:05am Apr 17, 2020 10:05am
Quoting SidneyMagal
How to tell the difference between the good times being about to roll in and whats happening just being a Stop Loss Hunt in the direction I happen to be holding trades??
Can I ask what trades are you in that your having trouble with ?
Patience, let the trade come to you.
  • #11,957
  • Apr 17, 2020 10:12am Apr 17, 2020 10:12am
last update NZD/JPY (Daily)

still long..

will close all positions over weekend!!

Attached Image (click to enlarge)
Click to Enlarge Name: 20200417_171018.jpg Size: 240 KB
  • #11,958
  • Apr 17, 2020 10:27am Apr 17, 2020 10:27am
Quoting PokerChip
{quote} Can I ask what trades are you in that your having trouble with ?
Im short on AUDCAD and AUDUSD, and with smaller positions short on AUDNZD and AUDJPY. Multiple entries on all ranging from poor to well above my usual standard of entry!

That's a 1hour AUDUSD. The candle with the arrow shot down and it got me thinking if it went against me id 100percent call it a SLH and forget about it, so why should I think differently when it goes my way? It could be the start of a move, it could just as easily be a SLH on the long positions of that pair before it shoots off. The candle ive sort of circled hasn't really exposed whats going on, which ive taken as a positive.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 15 KB
  • #11,959
  • Apr 17, 2020 10:40am Apr 17, 2020 10:40am
nice week closing with EURJPY, EURNZD & EURUSD buy

cash for the weekend
Forex can only be understood backwards, but it must be traded forwards.
  • #11,960
  • Apr 17, 2020 10:58am Apr 17, 2020 10:58am
Quoting SidneyMagal
{quote} Im short on AUDCAD and AUDUSD, and with smaller positions short on AUDNZD and AUDJPY. Multiple entries on all ranging from poor to well above my usual standard of entry! That's a 1hour AUDUSD. The candle with the arrow shot down and it got me thinking if it went against me id 100percent call it a SLH and forget about it, so why should I think differently when it goes my way? It could be the start of a move, it could just as easily be a SLH on the long positions of that pair before it shoots off. The candle ive sort of circled hasn't really...
If you have a sell in AUD/CAD I would highly recommend that you close the trade as soon as possible .

The reason I say this is, it's going higher to make a reversal, probably .90300-.90700

Or you can wait for it to come back down.

I'll look at AUD/USD now.
Patience, let the trade come to you.
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