The Jail Break System

Pockerchip have a look at Gbpaud. It presents as a nice and clear pattern. I have resistance above and support quite far below. How do you assess it?

You're welcome

Hopefully everyone had a great weekend.

I want to show you the " shark fin ".

The " shark fin " works inverted as well.

When you see these " shark fin's " on the H4 chart they are extremely powerful.

They tell you that pair is going north or south.

When you see them you'll know what do, once you see the " Shark fin" you'll always see it.

These are great buys and sells when you can catch them forming.

Here's another " shark fin " on the GBP/USD.

If you could of caught the " shark fin at it's peak.

And rode it down, it would have been for over 100 pips.

As you can see on this H4 chart. The " shark fin" turned into a " M " so this was a powerful sell.

On those 2 examples of " shark fins ".

I want to add that when you see a sharp shark fin, like a " V ". That pair is going to go north in a hurry.

When see a " U " the pair is going north. But in it that big of hurry.

And when you see this " ^ " or a inverted " V " the pair is in a hurry to drop.

Another tell about the " V ". Don't be a buyer when you see a " V " that has a downward slope to it. That downward slope is a sell trade waiting to happen, don't be fooled into being a buyer because you will become a trapped trader.

I can't stress this information enough on the H4 charts.

Eurusd is a good short

Audcad is a short currently

USD/CAD daily chart.

A head and shoulders is present on the daily chart.

Please notice the " Shark Fin " on the RSI chart. This is a strong indication that this pair will move higher tomorrow.

Also USD/CAD affects AUD/USD and NZD/USD. I look for AU and NU to be lower tomorrow.

Trade safe and good luck.

USDCad a sell.

Sorry resistance was broken USDCad currently heading up

I'm looking for USD/CAD to push higher now that its above the 50 RSI.

Pockerchip gold is a good buy currently

I sold eurgbp

It was the wrong call, trend is up

USDCad I sold

Be careful not to get trapped selling USD/CAD.

On average how many pairs do you trade on a daily basis?

I might make 3-4 trades per day.

No more than 4 trades per day.

I see what you where saying about USDCad. Is about to break out to the upside for a nice ride upwards. I have about 3000 hours of screen time behind me, but a novice compared to you. I love trading.

Hi PokerChip just two questions in terms of your trading style which time frame do you find more reliable the daily or 4 hour?
If the daily tells you to go long, but the 4 hour days tells you to go short then do you not trade because of conflicting information, or do you trade in line with the higher time frame or the lower time frame?