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The Jail Break System

  • #13,421
  • May 31, 2020 6:55pm May 31, 2020 6:55pm
Quoting spider123
Hi PC Been looking at the GBPCAD chart and done some analysis (not 100% if I've been able to upload a screenshot of the chart - i've tried to add it) - could you be kind enough to confirm if I have the levels marked correctly. Am I correct in thinking the box drawn in the 1.6864 is a "reversal" and the pair is currently going up to level 1? Thanks Spider {image}
Hello Spider,

Your GBP/CAD chart is perfect.
Patience, let the trade come to you.
  • #13,422
  • May 31, 2020 6:56pm May 31, 2020 6:56pm
Quoting spider123
Hi PC For the EURJPY chart (H4 TF) below - I believe it hasn't yet reached level 3 but possibly we can expect it to reach level 3/reverse soon (around the 120.24-120.50 region)? I'm still learning the JB system. Interested in your thoughts and guidance? Thanks Spider {image}
Spider,
Your EUR/JPY is also perfect.

You have learned well.
Patience, let the trade come to you.
  • #13,423
  • May 31, 2020 7:17pm May 31, 2020 7:17pm
Here are some pairs that I am long.

GBP/USD
EUR/JPY
NZD/USD
AUD/USD
EUR/USD

Here are some pairs that I am short.

USD/CAD
USD/CHF
EUR/AUD
Patience, let the trade come to you.
  • #13,424
  • May 31, 2020 8:17pm May 31, 2020 8:17pm
EUR/USD getting ready to move higher.
Patience, let the trade come to you.
  • #13,425
  • Jun 1, 2020 1:09am Jun 1, 2020 1:09am
Hi all, hope all is well.
Cable 00-00 4 hour bar break, the range is too big 74. So I have left it.
E/U the 00-00 4 hour bar, High broke, I have left it again.
I am concentrating on cable.

Cable, I am leaving the 00-00 4 hour area, but I am trading off the 04-00 2 hour bar. Low broke I am short.
I will play it from there, things are hotting up again with Brexit yaaaaaaaaaaaaaaaaaaaaaaaaay.
Trade well all.
t 07-09
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,426
  • Jun 1, 2020 2:57am Jun 1, 2020 2:57am
Main cable trade, the 08-00 15 minute bar break.


High broke for + 5%.
I still have a counter running off that 04-00 2 hour bar short. but everything is in hand.
Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,427
  • Jun 1, 2020 6:31am Jun 1, 2020 6:31am
Afternoon. Hope everyone is well!

Would anyone say GBP/USD is forming Phase 3?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd stage 3.png Size: 208 KB
  • #13,428
  • Jun 1, 2020 6:46am Jun 1, 2020 6:46am
Quoting shrav
Afternoon. Hope everyone is well! Would anyone say GBP/USD is forming Phase 3? {image}
M30 is in phase 3
if price break up from 1.24137 then H1 will be in phase 3
as for H4 phase 3 it will be at this range 1.251964 - 1.254112

I'm observing and learning
  • #13,429
  • Jun 1, 2020 7:27am Jun 1, 2020 7:27am
Quoting failinforex
{quote} M30 is in phase 3 if price break up from 1.24137 then H1 will be in phase 3 as for H4 phase 3 it will be at this range 1.251964 - 1.254112 I'm observing and learning
they might do a quick move down to take out buyer stop loss (1.2365xx) before resuming the intended direction to take the seller for a joyride up
  • #13,430
  • Jun 1, 2020 3:04pm Jun 1, 2020 3:04pm
Quoting failinforex
{quote} they might do a quick move down to take out buyer stop loss (1.2365xx) before resuming the intended direction to take the seller for a joyride up
ok that didn't happened. maybe not too many buyer mostly seller hence price do a quick move up taking seller for a joyride, pause for a while waiting for seller to load more to average their position because GU has being too overbought. now as they chase price or shift their stop loss the MM will follow. More retail sellers price will keep moving up. The one who can bring price down is the MM.
  • #13,431
  • Jun 1, 2020 3:05pm Jun 1, 2020 3:05pm
Quoting PokerChip
Here are some pairs that I am long. GBP/USD EUR/JPY NZD/USD AUD/USD EUR/USD Here are some pairs that I am short. USD/CAD USD/CHF EUR/AUD
Well done PC, looks like you had an excellent day
  • #13,432
  • Jun 1, 2020 3:30pm Jun 1, 2020 3:30pm
I'm long NZD/USD,EUR/JPY, GBP/USD.

I'm short USD/CAD.
Patience, let the trade come to you.
  • #13,433
  • Jun 1, 2020 3:34pm Jun 1, 2020 3:34pm
Quoting SidneyMagal
{quote} Well done PC, looks like you had an excellent day
It could have been better if GBP/USD and AUD/USD have not stopped moving higher.
Patience, let the trade come to you.
  • #13,434
  • Jun 1, 2020 3:40pm Jun 1, 2020 3:40pm
Hi PC. Hope your well.
Good to see trades running for you.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,435
  • Jun 1, 2020 3:46pm Jun 1, 2020 3:46pm
Quoting billytt
Hi PC. Hope your well. Good to see trades running for you.
Hello Billy, I hope you are well.

I finally think that GBP/USD is on it's way back to 1.26. I think AUD/USD might move up over night.

Hopefully we know tomorrow.

Get some sleep it could be a wild day tomorrow.
Patience, let the trade come to you.
  • #13,436
  • Jun 1, 2020 7:23pm Jun 1, 2020 7:23pm
Quoting failinforex
{quote} M30 is in phase 3 if price break up from 1.24137 then H1 will be in phase 3 as for H4 phase 3 it will be at this range 1.251964 - 1.254112 I'm observing and learning
if 1.254439 get touched might see some retrace to 1.249145

to correct myself when price enter the range of 1.251964 - 1.254112 it is H1 phase 3 not H4.

H4 MA800 is waiting for it at 1.25443 which might cause a retrace.

some might say there is a conflict of momentum between M15, H1 and H4, of course here I am refering to MA800 across these 3 time frames
  • #13,437
  • Jun 1, 2020 7:42pm Jun 1, 2020 7:42pm
Quoting failinforex
{quote} if 1.254439 get touched might see some retrace to 1.249145 to correct myself when price enter the range of 1.251964 - 1.254112 it is H1 phase 3 not H4. H4 MA800 is waiting for it at 1.25443 which might cause a retrace. some might say there is a conflict of momentum between M15, H1 and H4, of course here I am refering to MA800 across these 3 time frames
final destination is within the range of ADR high (1.262241-1.267303) that is about 150 pips away, if it retrace back to today open area.
that is within range based on today range of 184 pips.

still learning, still observing, not for trading
  • #13,438
  • Jun 1, 2020 10:03pm Jun 1, 2020 10:03pm
Quoting failinforex
{quote} if 1.254439 get touched might see some retrace to 1.249145 to correct myself when price enter the range of 1.251964 - 1.254112 it is H1 phase 3 not H4. H4 MA800 is waiting for it at 1.25443 which might cause a retrace. some might say there is a conflict of momentum between M15, H1 and H4, of course here I am refering to MA800 across these 3 time frames
if PA does not cross back up to break 1.249145 then 1.243381 and 1.24137 in play.
  • #13,439
  • Jun 2, 2020 1:10am Jun 2, 2020 1:10am
Quoting PokerChip
{quote} Hello Billy, I hope you are well. I finally think that GBP/USD is on it's way back to 1.26. I think AUD/USD might move up over night. Hopefully we know tomorrow. Get some sleep it could be a wild day tomorrow.
I want wild, lol hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,440
  • Jun 2, 2020 3:48am Jun 2, 2020 3:48am
Quoting failinforex
{quote} they might do a quick move down to take out buyer stop loss (1.2365xx) before resuming the intended direction to take the seller for a joyride up
will they do a spike down today, which is a trademark move of GU and GY, to remove buyer
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