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The Jail Break System

  • #12,161
  • Apr 20, 2020 11:24am Apr 20, 2020 11:24am
Quoting PokerChip
AUD/CAD 4 hour chart update. We are almost to the reversal. {image}
AUDCAD
breaking up 0.89400
I would like to see 0.90273 - 0.90523 where I will looking for sell

breaking 0.89718 - 0.89400 line I will short TP 0.87929

pay attention to 0.89164 as confirmation for down

this was my view on AUDCAD few days ago
Quoting prozor7
{quote} hi Luciano, thx for advice I'm open for all possibility long, short.... in this case short having more probabilities than long AUDCAD price is in Jail Box 0.88723 - 0.88225 breaking up 0.88723 should lead to 0.89400 without any resistance braeaking down 0.88225 should lead to 0.87929 - 0.87152
Forex can only be understood backwards, but it must be traded forwards.
  • #12,162
  • Apr 20, 2020 11:26am Apr 20, 2020 11:26am
Quoting prozor7
{quote} AUDCAD breaking up 0.89400 I would like to see 0.90273 - 0.90523 where I will looking for sell breaking 0.89718 - 0.89400 line I will short TP 0.87929 pay attention to 0.89164 as confirmation for down
I would love to see .90500
Patience, let the trade come to you.
  • #12,163
  • Apr 20, 2020 11:43am Apr 20, 2020 11:43am
Quoting PokerChip
{quote} Patience GBP/USD I just entered another buy at 1.24739
Hi PC,
i think you will get a better price to buy...

regards
  • #12,164
  • Apr 20, 2020 11:52am Apr 20, 2020 11:52am
Quoting thevisitor
{quote} Hi PC, i think you will get a better price to buy... regards
I think it's on the way up. That's why I bought at 1.24739. I have 4 buy trades now in GBP/USD.

Were between the 2nd and 3rd level right now.

I'm betting on a big move higher this week.

We will see.
Patience, let the trade come to you.
  • #12,165
  • Apr 20, 2020 12:10pm Apr 20, 2020 12:10pm
Quoting PokerChip
AUD/USD 4 hour chart update. Getting closer now. Aussie Aussie Aussie, oy oy oy {image}
AUDUSD
0.63633 support / resistance line

above 0.63633 buy breaking H4 0.63988 should confirm buy
below 0.63633 sell breaking H1 0.63563 should confirm sell
Forex can only be understood backwards, but it must be traded forwards.
  • #12,166
  • Apr 20, 2020 12:12pm Apr 20, 2020 12:12pm
Quoting PokerChip
{quote} Patience GBP/USD I just entered another buy at 1.24739
One more candle in 1H and i close sir. Unless it countinues down

Gbp/usd may start even today the climb what you think?

Good trades
  • #12,167
  • Apr 20, 2020 12:18pm Apr 20, 2020 12:18pm
Quoting HBN08
{quote} One more candle in 1H and i close sir. Unless it countinues down Gbp/usd may start even today the climb what you think? Good trades
I think it's moving higher.

That's why I have opened 4 buy positions.
Patience, let the trade come to you.
  • #12,168
  • Apr 20, 2020 12:18pm Apr 20, 2020 12:18pm
Quoting PokerChip
{quote} I think it's on the way up. That's why I bought at 1.24739. I have 4 buy trades now in GBP/USD. Were between the 2nd and 3rd level right now. I'm betting on a big move higher this week. We will see.
PC,
wirhout any doubt we'll heading ( much) higher!
I am currently short with sl 1.25..
above 1.25 i am a buyer.
my analysis tells me a sell off but i may be wrong!!

cheers
  • #12,169
  • Apr 20, 2020 12:40pm Apr 20, 2020 12:40pm
GU update, Triple Rejecting at Weekly Support Pivot, and im still thinking now is part of 3rd cycle ,
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 64 KB
  • #12,170
  • Apr 20, 2020 12:40pm Apr 20, 2020 12:40pm
Quoting thevisitor
{quote} PC, wirhout any doubt we'll heading ( much) higher! I am currently short with sl 1.25.. above 1.25 i am a buyer. my analysis tells me a sell off but i may be wrong!! cheers
Here's what I see and why I have 4 buy positions.

After the 2nd level was made, the market maker pushed the pair higher, but high enough to make the 3rd level.

Then market maker pushes the pair lower to grab as many sell traders just like you with they're stop loses to the north.

The market maker will push the pair lower until he has enough sell traders trapped then he will reverse and take out all of those stop loses.

And never looking back pushing the pair up to the 3rd level.

This is how I see the chart unfolding for the rest of the week, or maybe longer.
Patience, let the trade come to you.
  • #12,171
  • Apr 20, 2020 12:45pm Apr 20, 2020 12:45pm
Quoting Triezer
GU update, Triple Rejecting at Weekly Support Pivot, and im still thinking now is part of 3rd cycle , {image}
This is why I ask traders to see the opposite of what the chart tells you.

Were between the 2nd and 3rd level.

For the market maker to make a profit he has to push the pair higher.

This game is a lot easier when you think like a market maker.
Patience, let the trade come to you.
  • #12,172
  • Apr 20, 2020 12:54pm Apr 20, 2020 12:54pm
Quoting PokerChip
{quote} This is why I ask traders to see the opposite of what the chart tells you. Were between the 2nd and 3rd level. For the market maker to make a profit he has to push the pair higher. This game is a lot easier when you think like a market maker.
Agree Sir Teacher PC , look WTI crash 1$ Barel !!!!! WOW
  • #12,173
  • Apr 20, 2020 1:34pm Apr 20, 2020 1:34pm
Quoting Triezer
GU update, Triple Rejecting at Weekly Support Pivot, and im still thinking now is part of 3rd cycle , {image}
It's a MM level..
many, many sl below...what do you think where price willl heading first?
  • #12,174
  • Apr 20, 2020 1:39pm Apr 20, 2020 1:39pm
Quoting Triezer
{quote} Agree Sir Teacher PC , look WTI crash 1$ Barel !!!!! WOW
Lol, $1 per barrel.

That'll be the day.
Patience, let the trade come to you.
  • #12,175
  • Apr 20, 2020 1:43pm Apr 20, 2020 1:43pm
Quoting PokerChip
{quote} Lol, $1 per barrel. That'll be the day.
Crude Oil
-35.2000 -53.4700 (-299.23%)
Forex can only be understood backwards, but it must be traded forwards.
  • #12,176
  • Apr 20, 2020 1:55pm Apr 20, 2020 1:55pm
Quoting PokerChip
{quote} Lol, $1 per barrel. That'll be the day.

time to get into the oil biz guys?
Attached Image (click to enlarge)
Click to Enlarge Name: WTI.png Size: 35 KB
  • #12,177
  • Apr 20, 2020 1:55pm Apr 20, 2020 1:55pm
USDCAD
watching 1.41277 as resistance, breaking we should go up to 1.41706 - 1.42048
Forex can only be understood backwards, but it must be traded forwards.
  • #12,178
  • Apr 20, 2020 1:57pm Apr 20, 2020 1:57pm
Quoting thevisitor
Hello, hoping everybody is ok!! Gold update Long since 1675 {image}
closed 1701
  • #12,179
  • Apr 20, 2020 2:17pm Apr 20, 2020 2:17pm
Gold
two fractals in 2nd box
a sign of getting lower

short 1694

Attached Image (click to enlarge)
Click to Enlarge Name: 20200420_211318.jpg Size: 289 KB
  • #12,180
  • Apr 20, 2020 2:39pm Apr 20, 2020 2:39pm
Quoting pamc
{quote} time to get into the oil biz guys? {image}
This is oil madness.

OPEC hates oil now.
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 99 KB
Patience, let the trade come to you.
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