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The Jail Break System

  • #13,901
  • Apr 10, 2021 12:35pm Apr 10, 2021 12:35pm
It’s difficult to predict the future, however I agree with you that the near future will present with many hardships. USA is insolvent but they can run the printing press and can try to print their way out of the crisis. Eventually however there is a tipping point.
  • #13,902
  • Edited 12:53pm Apr 10, 2021 12:43pm | Edited 12:53pm
Quoting Houtbay
10-15 pips seems like a small reward for a calculated risk.
I make 3-4 trades per day.

I have had tough times trading in the very beginning.

I learned that the longer you stay in a trade the odds of earning a profit fad very quickly in a manipulated game of trading.

In reality it's a game, a serious game because hard earned money is at stake.

It took years for me to recover what I lost in my early years of trading, I'm not going to give it back to the banks.

A winning trader doesn't learn from winning trades. He learns from losing trades.

At least that's how it was for me.
Patience, let the trade come to you.
  • #13,903
  • Apr 10, 2021 12:49pm Apr 10, 2021 12:49pm
Quoting Houtbay
It’s difficult to predict the future, however I agree with you that the near future will present with many hardships. USA is insolvent but they can run the printing press and can try to print their way out of the crisis. Eventually however there is a tipping point.
Japan had the same problem.

Japan turned on the printing press and it still runs to this day.

Japan knows it can't stop printing.

Communist China for the first time has laid off people. Because the USA has over 10 million people laid off of work.

The Federal Reserve keeps pumping money into the markets.

It's all a scam, a Ponzi scheme. And we all know what happens to a Ponzi scheme in the end, don't we.
Patience, let the trade come to you.
  • #13,904
  • Apr 10, 2021 1:08pm Apr 10, 2021 1:08pm
GBP/USD daily chart update.

On Sunday I look for the pair to move north to trap more buyers. Because a retail trade will look at this as a strong buy.

In reality it's a sell 1.37500

See the Batman ears ?

See the " Shark Fin " ?

On the RSI.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-d1-oanda-division1-3.png Size: 47 KB
Patience, let the trade come to you.
  • #13,905
  • Apr 11, 2021 9:46am Apr 11, 2021 9:46am
Nzdjpy is a nice short. What do you think Pockerchip?
  • #13,906
  • Apr 11, 2021 10:14am Apr 11, 2021 10:14am
why i can't download the pdf? someone help me please, noob here. im sorry for my english
  • #13,907
  • Apr 11, 2021 3:19pm Apr 11, 2021 3:19pm
Quoting Houtbay
Thanks. So then if market makers are determining moves on amount of buyers and sellers then the market is totally manipulated. However I can determine direction and most profitable point to buy or sell. So in this case if the direction is down then the closer to the top of the box the better my prospects for profit, however no one truelly knows if price will rise all the way up to the top.
... this may help to understand ...

Attached File(s)
File Type: pdf market maker method.pdf   2.9 MB | 2,486 downloads


Mucky
  • #13,908
  • Apr 11, 2021 3:37pm Apr 11, 2021 3:37pm
Quoting Mucky
{quote} ... this may help to understand ... {image} Mucky
Mucky,
Thank you for posting this information.

Poker Chip
Patience, let the trade come to you.
  • #13,909
  • Edited 7:03pm Apr 11, 2021 6:52pm | Edited 7:03pm
Note: For what it's worth.

It's my belief that the US markets are going to nose dive very soon. My guess is by the end of the 2nd quarter (June). A nose dive of 20%-30% the first week.
It's going to get ugly.

I would highly recommend that you not sell the US Dollar. If you want to trade it, ONLY be a buyer. Because when these markets drop in a hurry you won't be able to ride the storm out. The US Dollar will skyrocket.

If you are a buyer of the US Dollar you will be paid off big time in my opinion. Hopefully the spread is not to wide.

I'm going to be only a seller in NZD/USD, AUD/USD (I'm already stuck in).

I would be a buyer of USD/CAD, USD/JPY, USD/CHF.

This market crash is going to be worldwide, unlike the 1929 crash.

I would have to guess that the markets are going down at least 70%.

So, if your looking to buy a house, a car you might want to wait until June, they'll be cheaper by the dozen.

Might add that is a 90 year market crash. This will be a crash like never before.

Life changing for some.
Patience, let the trade come to you.
  • #13,910
  • Apr 12, 2021 1:39am Apr 12, 2021 1:39am
Two elements might lead to what you suggest Pockerchip.
The first being the American consumer that has no money to spend.
The second being the geopolical approach of America which as a result will alienate Russia and China and as a result they, will not buy treasuries thus pushing up interest rates over time.
  • #13,911
  • Apr 12, 2021 1:53am Apr 12, 2021 1:53am
Gbpusd trend is up
  • #13,912
  • Apr 12, 2021 2:38am Apr 12, 2021 2:38am
The nzdusd and Audusd trend is down
  • #13,913
  • Apr 12, 2021 5:56am Apr 12, 2021 5:56am
Quoting Houtbay
Two elements might lead to what you suggest Pockerchip. The first being the American consumer that has no money to spend. The second being the geopolical approach of America which as a result will alienate Russia and China and as a result they, will not buy treasuries thus pushing up interest rates over time.
I'm not sure what month this collapse will begin. I do know it's going to happen this year.

The whole world will be effected. These stocks in these markets have a PE of over 50%, that's pure insanity.
Patience, let the trade come to you.
  • #13,914
  • Apr 12, 2021 9:15am Apr 12, 2021 9:15am
One can start selling eurjpy
  • #13,915
  • Apr 12, 2021 9:50am Apr 12, 2021 9:50am
Thanks Pockerchip and Mucky I am seeing the Ms and Ws now quite clearly.
  • #13,916
  • Apr 12, 2021 8:20pm Apr 12, 2021 8:20pm
Quoting Houtbay
Thanks Pockerchip and Mucky I am seeing the Ms and Ws now quite clearly.
Excellent
Patience, let the trade come to you.
  • #13,917
  • Apr 13, 2021 1:38am Apr 13, 2021 1:38am
Eurnzd I am shorting
  • #13,918
  • Apr 13, 2021 3:04am Apr 13, 2021 3:04am
The eurnzd has completed its pattern and has sucked in all the buyers.
  • #13,919
  • Apr 13, 2021 7:55am Apr 13, 2021 7:55am
Audjpy have longed
  • #13,920
  • Apr 13, 2021 1:40pm Apr 13, 2021 1:40pm
Usdjpy is looking interesting. The long term trend is down, however I am looking to buy it soon to the upside.
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