The Jail Break System | Page 67 | Forex Factory

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The Jail Break System

  • #1,321
  • Nov 11, 2019 10:14am Nov 11, 2019 10:14am
Quoting TraderR0N
Hi guys, Watch out for GBPCAD reversal. Thanks!
Here.

Good luck!
10% buy 10% sell 80% waiting
  • #1,322
  • Nov 11, 2019 10:15am Nov 11, 2019 10:15am
Quoting TraderR0N
Hi guys, Did anyone caught the reversal for short GBPCAD?
Nope
Patience, let the trade come to you.
  • #1,323
  • Nov 11, 2019 10:25am Nov 11, 2019 10:25am
Quoting tuffysteeler
The GBP is looking weak across a lot of pairs right now.
g/u probably drop to 12850 first down move.
t 16-25
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,324
  • Nov 11, 2019 10:26am Nov 11, 2019 10:26am
Quoting PokerChip
{quote} Nope

looked at it and was put off by the amount of times it bounced off the upper trendline. going back to 31st oct. alot of traders caught up in that zone. fo long enough so expecting a quick whipsaw soon around there. also that level where its at now is a target( previous accumulation zone to left.
  • #1,325
  • Nov 11, 2019 10:28am Nov 11, 2019 10:28am
Quoting pamc
{quote} looked at it and was put off by the amount of times it bounced off the upper trendline. going back to 31st oct. alot of traders caught up in that zone. fo long enough so expecting a quick whipsaw soon around there. also that level where its at now is a target( previous accumulation zone to left.
I agree, to scary of trade for me.
Patience, let the trade come to you.
  • #1,326
  • Nov 11, 2019 10:36am Nov 11, 2019 10:36am
I've ran into a lot of luck from the GBP/USD holdover from last week to the EUR/GBP and the USD/JPY by not only identifying where I am in the cycle but using Weekly Pivots to count the levels. Find the peak and each pivot point counts as a level. So far, it's been quite accurate.
  • #1,327
  • Nov 11, 2019 10:41am Nov 11, 2019 10:41am
GBP/AUD looks like it's rolling over right on que. Waiting on level 1 TP to be hit today.
  • #1,328
  • Nov 11, 2019 10:45am Nov 11, 2019 10:45am
Quoting tuffysteeler
I've ran into a lot of luck from the GBP/USD holdover from last week to the EUR/GBP and the USD/JPY by not only identifying where I am in the cycle but using Weekly Pivots to count the levels. Find the peak and each pivot point counts as a level. So far, it's been quite accurate.
I was wondering if you were still in the trade, good job.
Patience, let the trade come to you.
  • #1,329
  • Nov 11, 2019 10:48am Nov 11, 2019 10:48am
Quoting PokerChip
{quote} I was wondering if you were still in the trade, good job.
Yeah it was down near 50 pips at one point as you know but with practice in knowing the levels it takes a lot of the fear out of the equation.
  • #1,330
  • Nov 11, 2019 10:51am Nov 11, 2019 10:51am
Quoting tuffysteeler
{quote} Yeah it was down near 50 pips at one point as you know but with practice in knowing the levels it takes a lot of the fear out of the equation.
You're right, the " MM " needs a lot of sellers which is the fuel to push the pair up. And it did fly up, lol. Nice trade.
Patience, let the trade come to you.
  • #1,331
  • Nov 11, 2019 10:56am Nov 11, 2019 10:56am
EUR/CAD update, for those traders that like buy trades. This pair has 3 hours of sell traders trapped to the left. Probably will keep moving up.
Attached Image (click to enlarge)
Click to Enlarge Name: eurcadi-h1-tw-corp-eur-cad.png Size: 43 KB
Patience, let the trade come to you.
  • #1,332
  • Nov 12, 2019 12:14am Nov 12, 2019 12:14am
morning all from Southern UK.
cable has been ranging for the last 15 hours, so I assume you hunters will go hunting for the break?.

I deally I want the break of high then a drop to break low.
Trade well all.

t 06-14 UK time.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,333
  • Nov 12, 2019 1:03am Nov 12, 2019 1:03am
Quoting billytt
morning all from Southern UK. cable has been ranging for the last 15 hours, so I assume you hunters will go hunting for the break?. I deally I want the break of high then a drop to break low. Trade well all. t 06-14 UK time.

Morning Billy, yes i expect a move to the high. Most of the buyers on that impulse up to the high have been taken out with that 50 pip downward move. Now it remains to be seen if they will target all the sellers or attempt to induce more sellers by validating the downward upper trendline somewhere between the 1.28895 and 1.28845
  • #1,334
  • Nov 12, 2019 1:17am Nov 12, 2019 1:17am
Quoting pamc
{quote} Morning Billy, yes i expect a move to the high. Most of the buyers on that impulse up to the high have been taken out with that 50 pip downward move. Now it remains to be seen if they will target all the sellers or attempt to induce more sellers by validating the downward upper trendline somewhere between the 1.28895 and 1.28845
good information.
what ever happens with cable if it drops to 12852 I will short it.... initially looking for +20 points.

This trade will have nothing to do with my main trade at 08-00 UK time... both trades kept separate.

Trade well..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,335
  • Nov 12, 2019 1:22am Nov 12, 2019 1:22am
Attached Image (click to enlarge)
Click to Enlarge Name: GU 121119.png Size: 91 KB


currently looks like a fake move down
  • #1,336
  • Nov 12, 2019 1:32am Nov 12, 2019 1:32am
Attached Image (click to enlarge)
Click to Enlarge Name: MFXB EU.png Size: 22 KB


interesting..
USDCAD also but opposite
  • #1,337
  • Nov 12, 2019 1:36am Nov 12, 2019 1:36am
Quoting billytt
morning all from Southern UK. cable has been ranging for the last 15 hours, so I assume you hunters will go hunting for the break?. I deally I want the break of high then a drop to break low. Trade well all. t 06-14 UK time.
Hi Billytt.

Here is my chart as I see it.

I'm newbie and still learning.

Price is getting lower to pick up seller (fake setup) and eventually push it up.

Appreciate your comment on my chart.

Thank You
Attached Image (click to enlarge)
Click to Enlarge Name: gu 115.jpg Size: 304 KB
I come from the future.
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  • #1,338
  • Nov 12, 2019 1:45am Nov 12, 2019 1:45am
Quoting pamc
{image} currently looks like a fake move down
my main trading is hitting these (Fakes), I look for 5 points.

The trade I am in now looking for 20, I will just muscle the trade, if it fails it fails , I will just long it ..
yaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,339
  • Nov 12, 2019 1:47am Nov 12, 2019 1:47am
Quoting Pat Chiko
{quote} Hi Billytt. Here is my chart as I see it. I'm newbie and still learning. Price is getting lower to pick up seller (fake setup) and eventually push it up. Appreciate your comment on my chart. Thank You {image}
Hi, I am not a trader as such?
I trade off lines,statistics,odds ,probabilities or I do my main trade.
I think you could well be right, but I cannot answer for sure.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,340
  • Nov 12, 2019 1:49am Nov 12, 2019 1:49am
Or, to put it another way..
With the trade I am now on , I am looking for part of the Daily Range......
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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