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The Jail Break System

  • #14,081
  • May 19, 2021 2:22pm May 19, 2021 2:22pm
Hi Pockerchip I am off to bed, but it looks like Gbpusd might head lower rather than higher.
  • #14,082
  • Edited 3:40pm May 19, 2021 2:32pm | Edited 3:40pm
USD/JPY 1 hour chart.

I can see moving to the 110.000 area.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-h1-oanda-division1-g.png Size: 95 KB
Patience, let the trade come to you.
  • #14,083
  • May 19, 2021 3:07pm May 19, 2021 3:07pm
Quoting Houtbay
Hi Pockerchip I am off to bed, but it looks like Gbpusd might head lower rather than higher.
I think you are correct.

No bounce for GBP/USD.
Patience, let the trade come to you.
  • #14,084
  • May 19, 2021 6:23pm May 19, 2021 6:23pm
EUR/USD 1 hour chart.

I think the pair has to move back up to take out those sellers above, see the blue box.

I think sellers are in this area, because the pair didn't go high enough to take out the stop losses.

We will see.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-oanda-division1-f.png Size: 92 KB
Patience, let the trade come to you.
  • #14,085
  • May 19, 2021 6:43pm May 19, 2021 6:43pm
USD/JPY 1 hour chart.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-h1-oanda-division1-e.png Size: 99 KB
Patience, let the trade come to you.
  • #14,086
  • Edited 11:47pm May 19, 2021 6:50pm | Edited 11:47pm
GBP/USD 1 hour chart.

The market maker has to take out those sellers. MM moves higher.

Nobody is allowed to make any profit but the market maker.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-oanda-division1-w.png Size: 87 KB
Patience, let the trade come to you.
  • #14,087
  • May 20, 2021 1:12am May 20, 2021 1:12am
Gbpusd now I am buying
  • #14,088
  • May 20, 2021 2:10am May 20, 2021 2:10am
There should be a strong up thrust in the Gbpusd.
  • #14,089
  • May 20, 2021 2:54am May 20, 2021 2:54am
End of retracement of Gbpusd, buy all the way up
  • #14,090
  • May 20, 2021 3:43am May 20, 2021 3:43am
I am selling gold now
  • #14,091
  • May 20, 2021 4:00am May 20, 2021 4:00am
Sold out of gold, going long now
  • #14,092
  • May 20, 2021 4:12am May 20, 2021 4:12am
Gbpaud I am selling
  • #14,093
  • May 20, 2021 4:13am May 20, 2021 4:13am
Wrong call on gold it is heading down
  • #14,094
  • May 20, 2021 6:27am May 20, 2021 6:27am
AUD/CAD 1 hour chart.
Attached Image (click to enlarge)
Click to Enlarge Name: audcad-h1-oanda-division1-a.png Size: 82 KB
Patience, let the trade come to you.
  • #14,095
  • May 20, 2021 6:50am May 20, 2021 6:50am
How are you today Pockerchip? You are up early in terms of American time.
  • #14,096
  • May 20, 2021 6:52am May 20, 2021 6:52am
Quoting Houtbay
How are you today Pockerchip? You are up early in terms of American time.
I'm doing good. How is Houtbay today ?

I've been up for about 45 minutes.
Patience, let the trade come to you.
  • #14,097
  • May 20, 2021 7:06am May 20, 2021 7:06am
Hout Bay is beautiful. It is on the coast in Cape Town, South Africa. I am doing well, have finally found my technique of trading.
  • #14,098
  • May 20, 2021 7:13am May 20, 2021 7:13am
Quoting Houtbay
Hout Bay is beautiful. It is on the coast in Cape Town, South Africa. I am doing well, have finally found my technique of trading.
Lol, I thought Houtbay was your name all this time.

That's good you have great weather.

We're just starting our storm season here.

Each day we get a little better in trading, it does take time.
Patience, let the trade come to you.
  • #14,099
  • May 20, 2021 7:17am May 20, 2021 7:17am
Winter has started here in Cape Town. Beautiful part of Africa very mountainous. I was in Austin Texas many years ago on a sports scholarship, now enjoying my children.
  • #14,100
  • May 20, 2021 7:22am May 20, 2021 7:22am
Quoting Houtbay
Winter has started here in Cape Town. Beautiful part of Africa very mountainous. I was in Austin Texas many years ago on a sports scholarship, now enjoying my children.
Winter now, I hate cold weather. I have 4 sons myself. All are grown up. They all played baseball.

I'm going to guess you ran track in college.
Patience, let the trade come to you.
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