The Jail Break System | Page 57 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Break Out + Pull Back & Pure Break Outs 59 replies

BB break + trendline break 24 replies

Looking for L > Break High Break Low Indicator 1 reply

A break below - A Break Above Question 1 reply

Attachments: The Jail Break System
Exit Attachments

The Jail Break System

  • #1,121
  • Nov 6, 2019 10:34am Nov 6, 2019 10:34am
Some of these pairs I have noticed will have a tail after the 3rd level and then run side ways for a few hours and then have another tail maybe not as long but a noticeable tail none the less. I guess the " MM " are pulling buyers when they are getting ready to push the pair lower, and vice a versa.
Patience, let the trade come to you.
  • #1,122
  • Nov 6, 2019 10:46am Nov 6, 2019 10:46am
UJ is finally dancing. Stop hunt both ways.
  • #1,123
  • Nov 6, 2019 10:48am Nov 6, 2019 10:48am
Gold up $2.00 really quick.
That's what happens when you have to many buyers when a pair is headed down.
Patience, let the trade come to you.
  • #1,124
  • Nov 6, 2019 10:52am Nov 6, 2019 10:52am
Hi Traders,

USDJPY fall because of this headlines.

TRUMP-XI MEETING TO SIGN U.S.-CHINA TRADE DEAL COULD BE DELAYED UNTIL DECEMBER AS DISCUSSIONS CONTINUE OVER TERMS AND VENUE - SENIOR TRUMP ADMINISTRATION OFFICIAL

It never ends till the next election for Trump.

10% buy 10% sell 80% waiting
  • #1,125
  • Nov 6, 2019 10:54am Nov 6, 2019 10:54am
Here it comes

New trades.
Long GBPNZD at price 2.02000.

Long EURAUD at price 1.60700.

Long EURCAD at price 1.45800.

Long EURNZD at price 1.73700.
10% buy 10% sell 80% waiting
  • #1,126
  • Nov 6, 2019 10:56am Nov 6, 2019 10:56am
US - China trade war AUD, NZD and JPY pairs.
Hands down on the headlines.
10% buy 10% sell 80% waiting
  • #1,127
  • Nov 6, 2019 11:03am Nov 6, 2019 11:03am
USD/JPY update, moving lower toward the 2nd level.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-h1-coinexx-inc-usd-jpy.png Size: 38 KB
Patience, let the trade come to you.
  • #1,128
  • Nov 6, 2019 11:05am Nov 6, 2019 11:05am
Quoting PokerChip
USD/JPY update, moving lower toward the 2nd level. {image}
Bravo mate..
10% buy 10% sell 80% waiting
  • #1,129
  • Nov 6, 2019 11:21am Nov 6, 2019 11:21am
They have those buyers trapped and they're not going to let them go. They'll give them a little hope then pull it back down until they give up. I'm hanging on to this until it bottoms out on Level 3.
  • #1,130
  • Nov 6, 2019 11:23am Nov 6, 2019 11:23am
Quoting tuffysteeler
They have those buyers trapped and they're not going to let them go. They'll give them a little hope then pull it back down until they give up. I'm hanging on to this until it bottoms out on Level 3.
Excellent, I couldn't have said it better.
Patience, let the trade come to you.
  • #1,131
  • Nov 6, 2019 11:26am Nov 6, 2019 11:26am
USD/JPY update, dropping nicely.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-h1-tw-corp-usd-jpy.png Size: 42 KB
Patience, let the trade come to you.
  • #1,132
  • Nov 6, 2019 11:36am Nov 6, 2019 11:36am
Quoting PokerChip
{quote} Excellent, I couldn't have said it better.
I've been trapped too many times in the past using indicators. I've often wondered if it would be a viable strategy to just trade the opposite way that most indicators tell you.
  • #1,133
  • Nov 6, 2019 11:43am Nov 6, 2019 11:43am
Hi Ledges,


USDJPY: This currency pair is clearly in a downtrend.
I would expect this to turn down sharply soon.

I will stop here because it’s getting late here at 1.42am. See you guys tomorrow for more chatting session.

Happy hunting!!
Nitez!

Ron.
10% buy 10% sell 80% waiting
  • #1,134
  • Nov 6, 2019 11:47am Nov 6, 2019 11:47am
Quoting tuffysteeler
{quote} I've been trapped too many times in the past using indicators. I've often wondered if it would be a viable strategy to just trade the opposite way that most indicators tell you.
Try like you said earlier to look at a chart like a " MM ". No pair goes down forever and no pair goes up forever. I don't use any EMA'S I put them on charts because other traders use them a lot. I trade on clean charts, that's what works for me.
Patience, let the trade come to you.
  • #1,135
  • Nov 6, 2019 12:12pm Nov 6, 2019 12:12pm
Quoting TraderR0N
Hi Ledges, USDJPY: This currency pair is clearly in a downtrend. I would expect this to turn down sharply soon. I will stop here because it’s getting late here at 1.42am. See you guys tomorrow for more chatting session. Happy hunting!! Nitez! Ron.
Okay talk to you tomorrow.
Patience, let the trade come to you.
  • #1,136
  • Nov 6, 2019 12:21pm Nov 6, 2019 12:21pm
nice move down on USD/JPY...maestro PokerChip...
key area is i think 108.50-60 for further down move
  • #1,137
  • Nov 6, 2019 12:47pm Nov 6, 2019 12:47pm
Quoting 7thTorch
nice move down on USD/JPY...maestro PokerChip... key area is i think 108.50-60 for further down move
I think once the " MM " have enough buyers they will push it lower away from the buyers.
Patience, let the trade come to you.
  • #1,138
  • Nov 6, 2019 3:49pm Nov 6, 2019 3:49pm
Hello brothers im new to trading can u people guide me some thing about this system So That i start learning.......
  • #1,139
  • Nov 6, 2019 6:42pm Nov 6, 2019 6:42pm
Quoting abrar-ali70
Hello brothers im new to trading can u people guide me some thing about this system So That i start learning.......
Hello abrar-ali70,
The way the Jail Break System works is like this. I trade exclusively on the 1 hour chart. After a pair drops below the reversal, this could be 15-40 pips, and usually 5-7 hours, it just depends. I draw a box around the accumulation area, they look like railroad tracks, (you can look through the thread and see hundreds of charts). This accumulation box is the level. There are 3 levels, after the 3rd level we normally have a reversal, this happens going up or going down. The reversal is the very best time to make you're entry into the pair. Once you are in the trade you have two choices, you can stay in until the pair reverses or you can close out the trade at each level and jump back into the trade when the " MM " (market maker) makes a fake move in the wrong direction usually 15-20 pips then you can ride the trade until the next level. That's how it works. If you have any questions let me know.

Thanks,
Poker Chip
Patience, let the trade come to you.
  • #1,140
  • Nov 6, 2019 7:54pm Nov 6, 2019 7:54pm
Good morning.

Looking food so far!
Attached Image (click to enlarge)
Click to Enlarge Name: 73E65510-14D0-4C25-9EAD-95AA39828E24.png Size: 108 KB
4 traders viewing now