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Attachments: The Jail Break System
Exit Attachments

The Jail Break System

Quoting billytt
{quote} that is experience speaking P, Hope you are well.
costly one too mate. I stopped using em over a year ago. Thanks am well just monitoring my open trades. GBP ones doing better some in profit and heading toward original targets. Expect the situation to reverse tomorrow
Quoting pamc
{quote} costly one too mate. I stopped using em over a year ago. Thanks am well just monitoring my open trades. GBP ones doing better some in profit and heading toward original targets. Expect the situation to reverse tomorrow
same here,,,,
I have spent thousands of hours chart watching.
You can read stop kills like a book ...
Trade well.....
cip cip cip bleat bleat baaaaa
2 GU buys. one in profit heading for TP target at the old buy entry of second trade. looking across, theres alot of action pending above that line so i expect it to overshoot by 20-30 pips at least and either revers or even do a flip on the resistance and continue further till tomorrows US session. keep monitoring for PA. May just take the 20 off the 2nd and get out.
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Quoting pamc
2 GU buys. one in profit heading for TP target at the old buy entry of second trade. looking across, theres alot of action pending above that line so i expect it to overshoot by 20-30 pips at least and either revers or even do a flip on the resistance and continue further till tomorrows US session. keep monitoring for PA. May just take the 20 off the 2nd and get out. {image}
Good one...Morning Guys and Ladies
Quoting Pat Chiko
{quote} Thanks PAMC for you honest and kind comment. I appreciate and realize the repeating mistakes I made. Most of the loss trades (SL Hit) posted in this trade are due to very tight SL position. I have to improve on that area to find more appropriate and reasonable SL placement Thanks again and may GREEN pips with you
You could always enter your trade with a smaller lot size and a wide SL and then scale in as the trade goes into your direction. This will allow you to have a wider SL and if the trade goes against you then you will lose less.
Quoting Pat Chiko
{quote} EUR JPY Add another position Totally in negative drawdown Hope it will come down soon, or will loose money when SL hit. Any comments or ideas are welcome to help me to trade profitabily. Thank You {image}

EUR JPY

Closed all scalping position


Wait for another set up
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Forex trading is just like gambling, we need a lot of luck..... Good luck
Quoting Pat Chiko
{quote} USD JPY Scalping continues {image}

USD JPY

Not a very good scalping in term of R:R.

Closed on rejection zone.

Tiny profit better than loss.
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Forex trading is just like gambling, we need a lot of luck..... Good luck
Quoting Pat Chiko
{quote} USD CAD Price holding at H4 TL {image}
USD CAD

Been holding open position for a long time ( last week)

From Negative to positive and now in negative again.

Price just refuse to break the TL.

Wait till tomorrow ( or SL take me out first)

Tomorrow CAD High Impact News.

It's all about timing....
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Forex trading is just like gambling, we need a lot of luck..... Good luck
"railroad tracks" right now on Cable m15
Quoting Pat Chiko
{quote} EUR USD The earlier trade hit TP. Entering one position SL 24,4 pips {image}
EUR USD

Re-adjust the TP and SL positions

Considering this trade as scalping.

Waiting to see what price will do ( Price Action) once it hit TP ( or SL)

Leave the trade as it is.

Wait for New York open and hope Trump will tweet something.
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Forex trading is just like gambling, we need a lot of luck..... Good luck
Quoting MrGreen95
"railroad tracks" right now on Cable m15

Hi Mr. Green.

GBP USD

thanks for the info.

I observe, price is forming ascending triangle on Daily TF.

Looking forward for LTF set up to show us the entry point.

Thank You
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Forex trading is just like gambling, we need a lot of luck..... Good luck
Quoting Pat Chiko
EUR GBP missed a very nice short set up. Have to wait for another long set up {image}

EUR GBP

Limit filled
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Forex trading is just like gambling, we need a lot of luck..... Good luck
Quoting Pat Chiko
{quote} Hi Mr. Green. GBP USD thanks for the info. I observe, price is forming ascending triangle on Daily TF. Looking forward for LTF set up to show us the entry point. Thank You {image}

Is is ranging... we can see railroad tracks= traps, remember?
Quoting MrGreen95
{quote} Is is ranging... we can see railroad tracks= traps, remember?

i expect it to go up a little bit more to 1.30115ish
Quoting pamc
{quote} i expect it to go up a little bit more to 1.30115ish
You Mean this Pamc ....Perfect place to put Sell Limit...
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I have changed the sell limit on gbpcad, now at 1.73730. Waiting for a big drop..
Quoting MrGreen95
I have changed the sell limit on gbpcad, now at 1.73389. Waiting for a big drop..
I would wait for alittle for CAD/Oil/OPEC ish thingy a little better...Or it will go all way to 1.777ish
Quoting richy247
{quote} You Mean this Pamc ....Perfect place to put Sell Limit... {image}

yes but wait for PA confirmation. dont just get taken into a reversal and then get taken out soon after. Patience. If you miss the bus, another is coming or take the metro
this may go up to1.30450. watch the action
Quoting MrGreen95
I have changed the sell limit on gbpcad, now at 1.73730. Waiting for a big drop..
GBPCAD Weekly chart. Just my thoughts, i could be totally wrong.
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Quoting richy247
{quote} I would wait for alittle for CAD/Oil/OPEC ish thingy a little better...Or it will go all way to 1.777ish

When this will end..?
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