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The Jail Break System

  • #14,461
  • Jun 18, 2021 6:22am Jun 18, 2021 6:22am
Sorry wrong call on gbpjpy. It’s possibly going up
  • #14,462
  • Jun 18, 2021 7:04am Jun 18, 2021 7:04am
How are you Pockerchip? Gbpjpy I am selling down. I have been working on my technique, reassessing. Finally I am seeing the wood from the trees
  • #14,463
  • Jun 18, 2021 7:42am Jun 18, 2021 7:42am
Bitcoin a possible sell down
  • #14,464
  • Jun 18, 2021 11:00am Jun 18, 2021 11:00am
Quoting Houtbay
Bitcoin a possible sell down
Yep, Bitcoin is a Ponzi scheme.

Going to zero.
Patience, let the trade come to you.
  • #14,465
  • Jun 18, 2021 1:57pm Jun 18, 2021 1:57pm
Euraud is a good long
  • #14,466
  • Jun 18, 2021 3:05pm Jun 18, 2021 3:05pm
Enjoy your weekend Pockerchip.
  • #14,467
  • Jun 18, 2021 3:40pm Jun 18, 2021 3:40pm
Quoting Houtbay
Enjoy your weekend Pockerchip.
Houtbay you enjoy your weekend.

Next week the AUD/USD, NZD/USD slid down hill will continue.

Markets will continue to sell off until the depression hits.

It will be swift.
Patience, let the trade come to you.
  • #14,468
  • Jun 18, 2021 5:39pm Jun 18, 2021 5:39pm
AUD/USD daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-d1-oanda-division1-b.png Size: 96 KB
Patience, let the trade come to you.
  • #14,469
  • Jun 18, 2021 5:45pm Jun 18, 2021 5:45pm
NZD/USD daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-d1-oanda-division1-c.png Size: 100 KB
Patience, let the trade come to you.
  • #14,470
  • Jun 18, 2021 5:48pm Jun 18, 2021 5:48pm
GBP/USD daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-d1-oanda-division1-d.png Size: 97 KB
Patience, let the trade come to you.
  • #14,471
  • Jun 19, 2021 12:53am Jun 19, 2021 12:53am
Why are you so sure there will be a depression? Currently there is a splintering of the middle class, the rich are getting richer and the poor are getting poorer. It’s all about control.
  • #14,472
  • Jun 19, 2021 8:01am Jun 19, 2021 8:01am
Quoting Houtbay
Why are you so sure there will be a depression? Currently there is a splintering of the middle class, the rich are getting richer and the poor are getting poorer. It’s all about control.
The uncontrollable debt is the problem.
US debt is $29 Trillion dollars. They can’t even service debt now. No interest payments are being made. The real debt is about $170 Trillion when you include all the entitlements the US government has created.
This is what happens when you have 60 years of politicians running everything. They spent money that they never had.

Its going to get bad, the politicians can’t kick the can down the road anymore.
Patience, let the trade come to you.
  • #14,473
  • Jun 19, 2021 9:09am Jun 19, 2021 9:09am
The Usd is the reserve currency. America owns the printing press. The US will devalue the dollar over time and print their debt away making the dollar worthless.
  • #14,474
  • Jun 19, 2021 9:17am Jun 19, 2021 9:17am
The same thing happened in Germany, Zimbabwe and currently in South America. People that had savings or pensions had their moneys go to zero.
  • #14,475
  • Jun 19, 2021 9:24am Jun 19, 2021 9:24am
Quoting Houtbay
The Usd is the reserve currency. America owns the printing press. The US will devalue the dollar over time and print their debt away making the dollar worthless.
I'm not sure how long the dollar will be the reserve currency.
Patience, let the trade come to you.
  • #14,476
  • Jun 19, 2021 9:28am Jun 19, 2021 9:28am
If anyone wants to make a nice profit.

I bought a inverse stock that goes up 3x when the Nasdaq drops.

Stock symbol is SQQQ

In February 2010 it was $ 104.947.20 per share.

It's currently $10.24
Patience, let the trade come to you.
  • #14,477
  • Jun 19, 2021 10:06am Jun 19, 2021 10:06am
China and Russia are trying to break away from the use of the dollar as a reserve currency. Most of the Chinese oil reserve purchases are in yuan. This pandemic is the beginning of a change in the world order of economic control.
  • #14,478
  • Jun 19, 2021 11:02am Jun 19, 2021 11:02am
Quoting Houtbay
China and Russia are trying to break away from the use of the dollar as a reserve currency. Most of the Chinese oil reserve purchases are in yuan. This pandemic is the beginning of a change in the world order of economic control.
I agree 100%
Patience, let the trade come to you.
  • #14,479
  • Jun 19, 2021 11:02am Jun 19, 2021 11:02am
EUR/USD daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-d1-oanda-division1-a.png Size: 115 KB
Patience, let the trade come to you.
  • #14,480
  • Jun 19, 2021 1:07pm Jun 19, 2021 1:07pm
Eurusd should continue falling, retrace and then fall to the line you have indicated. Thanks Pockerchip for your mentoring.
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