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The Jail Break System

  • #461
  • Oct 29, 2019 8:54am Oct 29, 2019 8:54am
Quoting TraderR0N
Now I will be watching short AUDNZD for a 3 level down.. let’s wait for one more high, rejection or at the current price level at price 1.08ish area.. we must always look at the structure on the left and it’s true and that’s why I like this system and it suit my strategy which I have been trading for awhile. Thanks again PokerChip for opening up this thread.
I was wondering what you thought of the Jail Break Strategy. It works well when a pair is active. It will not work when a pair is ranging.
Patience, let the trade come to you.
  • #462
  • Oct 29, 2019 8:57am Oct 29, 2019 8:57am
Quoting PokerChip
{quote} Ha, I'm relaxed I just hate paying swap x 5 it adds up.

oh yeah that’s true bud.. I agree
10% buy 10% sell 80% waiting
  • #463
  • Oct 29, 2019 9:00am Oct 29, 2019 9:00am
Quoting PokerChip
{quote} I was wondering what you thought of the Jail Break Strategy. It works well when a pair is active. It will not work when a pair is ranging.
Yes I notice that it’s trade well for trending not ranging market pairs like AUDCAD, AUDNZD, prolly USDCAD, EURCHF and CADCHF but I don’t trade CHF pairs.. expensive.. lol..
10% buy 10% sell 80% waiting
  • #464
  • Oct 29, 2019 9:01am Oct 29, 2019 9:01am
Quoting TraderR0N
{quote} Entry long 1.67400 for GBPCAD and hit my target at price 1.68500 as mention above. Cheers. Ron.
Proof of transparency. GBPCAD.
Attached Image (click to enlarge)
Click to Enlarge Name: 154E8451-B523-4A7B-9D60-64D712B9C7DE.png Size: 382 KB
10% buy 10% sell 80% waiting
  • #465
  • Oct 29, 2019 9:30am Oct 29, 2019 9:30am
Quoting TraderR0N
Now I will be watching short AUDNZD for a 3 level down.. let’s wait for one more high, rejection or at the current price level at price 1.08ish area.. we must always look at the structure on the left and it’s true and that’s why I like this system and it suit my strategy which I have been trading for awhile. Thanks again PokerChip for opening up this thread.
I sold it at 1.0801, now we wait.
Patience, let the trade come to you.
  • #466
  • Oct 29, 2019 10:17am Oct 29, 2019 10:17am
Quoting TraderR0N
{quote} Yes I notice that it’s trade well for trending not ranging market pairs like AUDCAD, AUDNZD, prolly USDCAD, EURCHF and CADCHF but I don’t trade CHF pairs.. expensive.. lol..
That's good I'm glad you like the strategy.
Patience, let the trade come to you.
  • #467
  • Oct 29, 2019 10:20am Oct 29, 2019 10:20am
Quoting TraderR0N
{quote} Proof of transparency. GBPCAD. {image}
Outstanding, almost 600 pips. You're killing it, lol.
Patience, let the trade come to you.
  • #468
  • Oct 29, 2019 10:36am Oct 29, 2019 10:36am
Quoting TraderR0N
{quote} Buy USDCAD and Sell CADJPY at the current price now and look for 3 levels up and down. I have also Long GBPCAD at price 1.67400 for a 3 level up. Good luck. Ron.
Price to watch for USDJPY is 109 - 109.200 area for a reversal 3 level down this week.

Price to watch for USDCAD is 1.30300 - 1.30500 area for a reversal 3 level up this week.

Price to watch for CADJPY is 83.300 - 83.500 area for a reversal 3 level down this week.



Going as it’s..

My target for long USDCAD will be at price 1.31500.
My target for short CADJPY will be at price 82.500.


Let’s see how it goes as near FOMC I will close my trades manually or at least secured the profits.

Cheers and good night guys.
Ron.
10% buy 10% sell 80% waiting
  • #469
  • Oct 29, 2019 10:51am Oct 29, 2019 10:51am
Quoting TraderR0N
{quote} Price to watch for USDJPY is 109 - 109.200 area for a reversal 3 level down this week. Price to watch for USDCAD is 1.30300 - 1.30500 area for a reversal 3 level up this week. Price to watch for CADJPY is 83.300 - 83.500 area for a reversal 3 level down this week. Going as it’s.. My target for long USDCAD will be at price 1.31500. My target for short CADJPY will be at price 82.500. Let’s see how it goes as near FOMC I will close my trades manually or at least secured the profits. Cheers and good night guys. Ron....
Yep, I agree hopefully we get there.
Patience, let the trade come to you.
  • #470
  • Oct 29, 2019 1:31pm Oct 29, 2019 1:31pm
Quoting PokerChip
{quote} The blue color is from my MT4. I'm not sure why it's the color blue.
Attached File(s)
File Type: ex4 Color Levels.ex4   34 KB | 350 downloads


USE THIS FOR BOX DRAWING
  • #471
  • Oct 29, 2019 1:33pm Oct 29, 2019 1:33pm
Quoting pamc
{quote} {file} USE THIS FOR BOX DRAWING
Okay thanks
Patience, let the trade come to you.
  • #472
  • Oct 30, 2019 6:29am Oct 30, 2019 6:29am
Quoting PokerChip
{quote} Okay thanks

Hi guys.lets see what CADJPY gifts us today
  • #473
  • Oct 30, 2019 6:59am Oct 30, 2019 6:59am
Quoting pamc
{quote} Hi guys.lets see what CADJPY gifts us today

Hi Pamc,

If you have short CADJPY and are in profits, pls remember to secured it cos there’s BOC news coming up in a while.. will probably have some spikes ups and down.

Cheers.
Ron.
10% buy 10% sell 80% waiting
  • #474
  • Edited 7:22am Oct 30, 2019 7:01am | Edited 7:22am
Quoting TraderR0N
{quote} Price to watch for USDJPY is 109 - 109.200 area for a reversal 3 level down this week. Price to watch for USDCAD is 1.30300 - 1.30500 area for a reversal 3 level up this week. Price to watch for CADJPY is 83.300 - 83.500 area for a reversal 3 level down this week. Going as it’s.. My target for long USDCAD will be at price 1.31500. My target for short CADJPY will be at price 82.500. Let’s see how it goes as near FOMC I will close my trades manually or at least secured the profits. Cheers and good night guys. Ron....


Bravo going as expected for USDCAD and CADJPY.

congratulations for those who have traded these pairs.

Hitting my targets soon

USDCAD hit my target price at 1.31500... as mention above earlier on.. that’s it for me this week.


Cheers.
Ron.
Attached Image (click to enlarge)
Click to Enlarge Name: 7BC2700E-35E6-4A07-8F9F-B7F7DFFB62FF.png Size: 583 KB
10% buy 10% sell 80% waiting
  • #475
  • Oct 30, 2019 7:05am Oct 30, 2019 7:05am
Hi Ledges,


Took another long trade in different entry for GBPCAD and hit my second target at 1.69000.

10 positions at different price and are hitting 1000 pips.

Cheers.
Ron.
Attached Image (click to enlarge)
Click to Enlarge Name: B27D1EC5-45F3-47C7-983F-120C69E89BAA.png Size: 371 KB
10% buy 10% sell 80% waiting
  • #476
  • Oct 30, 2019 7:09am Oct 30, 2019 7:09am
Quoting TraderR0N
{quote} Bravo going as expected for USDCAD and CADJPY. congratulations for those who have trade these pairs. Hitting my targets soon Cheers. Ron.
yes nice . looks like its heading for that accumulation box with a base around the 82.500 as mentioned by you earlier.
  • #477
  • Edited 7:22am Oct 30, 2019 7:11am | Edited 7:22am
Quoting pamc
{quote} yes nice . looks like its heading for that accumulation box with a base around the 82.500 as mentioned by you earlier.
CADJPY.

Nice job Pamc, you caught it.

It might hit 82.500. Let’s see how the price moves.
10% buy 10% sell 80% waiting
  • #478
  • Oct 30, 2019 7:23am Oct 30, 2019 7:23am
Quoting TraderR0N
{quote} Nice job Pamc, you caught it.
Yeh that fakey up out of the box was the get alert to prepare for the sell on the CAD JPY, but of course these MM's time all this close to news for causability purposes and deception. Awesome trading from you and PokerChip.
  • #479
  • Oct 30, 2019 7:25am Oct 30, 2019 7:25am
Quoting pamc
{quote} Yeh that fakey up out of the box was the get alert to prepare for the sell on the CAD JPY, but of course these MM's time all this close to news for causability purposes and deception. Awesome trading from you and PokerChip.

You’re welcome and thanks to my buddy ( PokerChip ) too for opening up this thread.

Green pips.
10% buy 10% sell 80% waiting
  • #480
  • Oct 30, 2019 7:30am Oct 30, 2019 7:30am
Ledges,


Let us all participate and help one another on this thread by PokerChip, beat the market a pile the pips.


Thanks.
Ron.
10% buy 10% sell 80% waiting
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