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The Jail Break System

  • #12,141
  • Apr 20, 2020 10:00am Apr 20, 2020 10:00am
Quoting billytt
Cable, was this below {image} now it is below {image}
All those poor sell traders put they're stop loss in there 30-40 above, along came Mr. Market Maker that was that.

Stop losses are for the market maker so he can make more profit.
Patience, let the trade come to you.
  • #12,142
  • Apr 20, 2020 10:13am Apr 20, 2020 10:13am
Quoting Wellington
{quote} Looking better now
Yes sir, now I'm unstuck and hopefully will sit on this trade for awhile.

If, if we can get past 1.25231 it should put the peddle to the metal on take off again.

I still think we can get to 1.28 , not by Tuesday though.

Patience
Patience, let the trade come to you.
  • #12,143
  • Apr 20, 2020 10:14am Apr 20, 2020 10:14am
Hello, hoping everybody is ok!!
Gold update
Long since 1675

Attached Image (click to enlarge)
Click to Enlarge Name: 20200420_171135.jpg Size: 270 KB
  • #12,144
  • Apr 20, 2020 10:15am Apr 20, 2020 10:15am
Quoting PokerChip
{quote} Yes sir, now I'm unstuck and hopefully will sit on this trade for awhile. If, if we can get past 1.25231 it should put the peddle to the metal on take off again. I still think we can get to 1.28 , not by Tuesday though. Patience
I might be being a little greedy here and may miss the boat (I guess time will tell) - working a buy order below at 1.23700
  • #12,145
  • Apr 20, 2020 10:17am Apr 20, 2020 10:17am
Quoting Wellington
{quote} I might be being a little greedy here and may miss the boat (I guess time will tell) - working a buy order below at 1.23700
Geez, tell me your kidding.
Patience, let the trade come to you.
  • #12,146
  • Apr 20, 2020 10:18am Apr 20, 2020 10:18am
AUD/USD 4 hour chart update.

Getting closer now.

Aussie Aussie Aussie, oy oy oy
Attached Image (click to enlarge)
Click to Enlarge Name: audusdi-h4-tw-corp-a-u.png Size: 43 KB
Patience, let the trade come to you.
  • #12,147
  • Apr 20, 2020 10:19am Apr 20, 2020 10:19am
Quoting PokerChip
{quote} All those poor sell traders put they're stop loss in there 30-40 above, along came Mr. Market Maker that was that. Stop losses are for the market maker so he can make more profit.

I agree
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,148
  • Apr 20, 2020 10:22am Apr 20, 2020 10:22am
Quoting billytt
{quote} I agree
Someday they'll get tired of giving up they're winnings to the market maker.

Maybe not though, yaaaaaaaaaay.
Patience, let the trade come to you.
  • #12,149
  • Apr 20, 2020 10:22am Apr 20, 2020 10:22am
Quoting PokerChip
{quote} Geez, tell me your kidding.
I'll probably live to regret it and may well end up getting in sooner rather than later ...lol
  • #12,150
  • Apr 20, 2020 10:27am Apr 20, 2020 10:27am
Quoting Wellington
{quote} I'll probably live to regret it and may well end up getting in sooner rather than later ...lol
I've seen this movie before, the market maker has been trapping for over 16 hours now.

We've been trading in a range now for 5 days.

There has to be a boat load of buyers sitting on the side lines waiting to jump in.
Patience, let the trade come to you.
  • #12,151
  • Apr 20, 2020 10:32am Apr 20, 2020 10:32am
Quoting Wellington
{quote} I might be being a little greedy here and may miss the boat (I guess time will tell) - working a buy order below at 1.23700
you are right!!

short sell off to 1.2360 is in the cards...

regards
  • #12,152
  • Apr 20, 2020 10:43am Apr 20, 2020 10:43am
Quoting thevisitor
{quote} you are right!! short sell off to 1.2360 is in the cards... regards
sold @1.2466
  • #12,153
  • Apr 20, 2020 10:44am Apr 20, 2020 10:44am
Quoting PokerChip
{quote} I think it's just to soon to buy oil. We know sellers are in control. I'm hoping for single digits.
hmmmm,
we talk about oil 10 days ago waiting for $10.00 and we are here
Forex can only be understood backwards, but it must be traded forwards.
  • #12,154
  • Apr 20, 2020 10:48am Apr 20, 2020 10:48am
Quoting prozor7
GBPUSD 1.24818 above buy TP 1.25464 - 1.26911 1.24607 below sell TP 1.24017 - 1.22724
GBPUSD - update

price didn't hit 1.24017 (LOD - 1.24164)

I will pass GBPUSD
Forex can only be understood backwards, but it must be traded forwards.
  • #12,155
  • Apr 20, 2020 10:54am Apr 20, 2020 10:54am
preparing to short in short term AUD/USD
  • #12,156
  • Apr 20, 2020 10:54am Apr 20, 2020 10:54am
Quoting prozor7
{quote} hmmmm, we talk about oil 10 days ago waiting for $10.00 and we are here
WTI oil 4 hour chart update.
Attached Image (click to enlarge)
Click to Enlarge Name: wticrude-d1-tw-corp-wti-oil.png Size: 25 KB
Patience, let the trade come to you.
  • #12,157
  • Apr 20, 2020 11:00am Apr 20, 2020 11:00am
AUD/CAD 4 hour chart update.

We are almost to the reversal.
Attached Image (click to enlarge)
Click to Enlarge Name: audcadi-h4-tw-corp-a-c.png Size: 44 KB
Patience, let the trade come to you.
  • #12,158
  • Apr 20, 2020 11:05am Apr 20, 2020 11:05am
Quoting thevisitor
Hello, GU may revisit 1.2380
GU update

Attached Image (click to enlarge)
Click to Enlarge Name: 20200420_180024.jpg Size: 286 KB
  • #12,159
  • Apr 20, 2020 11:09am Apr 20, 2020 11:09am
Quoting thevisitor
{quote} you are right!! short sell off to 1.2360 is in the cards... regards
I guess we'll see...
  • #12,160
  • Apr 20, 2020 11:15am Apr 20, 2020 11:15am
Quoting HBN08
preparing to short in short term AUD/USD
Patience

GBP/USD I just entered another buy at 1.24739
Patience, let the trade come to you.
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