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The Jail Break System

  • #1,781
  • Nov 21, 2019 5:33am Nov 21, 2019 5:33am
Quoting TraderR0N
Good evening guys, Now it seems to me that US - China tradewar is affecting the oil price hence CAD is weak... I have just read the news.. this is the biggest problem now and I can tell you that it can’t be solve, it will take a long time for both parties to agree on tariffs... fake algo news is the one that makes the market moves.. scary.. Phrase 1 Phrase 2..... etc etc... until phrase 100 also can’t be solve.. lol period.. Enjoy your day and
https://www.forexlive.com/technical-...iable-20191121
  • #1,782
  • Nov 21, 2019 5:48am Nov 21, 2019 5:48am
Quoting thisara1
{quote} https://www.forexlive.com/technical-...iable-20191121

Appreciate mate.. nice read.
10% buy 10% sell 80% waiting
  • #1,783
  • Nov 21, 2019 5:51am Nov 21, 2019 5:51am
Now it seem like all Yen, CAD pairs are going to extreme extreme zone.. EURUSD and GBPUSD is ranging... can see that some big moves are coming..

I will stay sideline for now.. no more entry for me..

Cheers.
Ron.
10% buy 10% sell 80% waiting
  • #1,784
  • Nov 21, 2019 5:53am Nov 21, 2019 5:53am
anyone still holding Gcad shorts like me? ...or evryone already bailed out??
  • #1,785
  • Nov 21, 2019 6:01am Nov 21, 2019 6:01am
Quoting richy247
I think that should the stop for GU ?...Red Box.. {image}

Hi Richy

Thanks for the info.

I'm Newbie want to learn, why we should stop there ?

Thanks in advance.
I come from the future.
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  • #1,786
  • Nov 21, 2019 6:29am Nov 21, 2019 6:29am
Quoting Pat Chiko
{quote} CAD JPY Finding jail break set up. Currently holding two negative position. Waiting for jail development before it break. Here is my newbie view on this pair set up. Comments welcome. Thank You Daily TF Chart. Showing diagonal SRF and TL intersect. {image} H4 TF . Showing detail intersection at SRF. {image} H1 TF. Showing jail and fake out made earlier {image}
CAD JPY

Still stuck with this pair.


Whipsaw in the jail. All fakes move

No real breakout yet.
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy 113.jpg Size: 279 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,787
  • Nov 21, 2019 6:38am Nov 21, 2019 6:38am
Quoting Pat Chiko
{quote} AUD USD Slow pair. Short a bit at SRF zone. Chart explain better than me. Still learning & newbie {image} {image}
AUD USD

New jail in progress.
Attached Image (click to enlarge)
Click to Enlarge Name: au 126.jpg Size: 292 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,788
  • Nov 21, 2019 6:42am Nov 21, 2019 6:42am
Quoting Pat Chiko
{quote} GBP USD We continue trading this pair after formation/ jail break. Yesterday, price halt at minor resistant ( marked BSZ= Break Stop Zone) "MM" trying to get more seller to short at this double top/resistant (BSZ). The JAIL was formed six hours ago. (zoom chart). It makes a fake move below , and at London open, it break the jail. Knowingly, those traders will place Stop Loss just above BSZ. The rest of the story is on the chart. Good luck. {image} {image}
GBP USD

Managing the trade within jail compound.

Retracement/bounce trade
Attached Image (click to enlarge)
Click to Enlarge Name: gu 138.jpg Size: 343 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,789
  • Nov 21, 2019 6:43am Nov 21, 2019 6:43am
Quoting Pat Chiko
{quote} Hi Richy Thanks for the info. I'm Newbie want to learn, why we should stop there ? Thanks in advance.
I’m a newbie too learning ...I spot a Resistance (jail box)

could be wrong ...
  • #1,790
  • Nov 21, 2019 6:47am Nov 21, 2019 6:47am
Quoting richy247
{quote} I’m a newbie too learning ...I spot a Resistance (jail box) could be wrong ...
Thanks Richy.

I'm newbie.

That's why I asked, because watching from price action and momentum, price is heading higher.

I'm not sure that is correct as my newbie view is always wrong.
I come from the future.
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  • #1,791
  • Nov 21, 2019 6:48am Nov 21, 2019 6:48am
Quoting Pat Chiko
{quote} GBP USD Managing the trade within jail compound. Retracement/bounce trade {image}
Good thing I asked ... learning as well ... does that mean old jail can’t be resistance and Support???
  • #1,792
  • Nov 21, 2019 6:53am Nov 21, 2019 6:53am
Quoting richy247
{quote} Good thing I asked ... learning as well ... does that mean old jail can’t be resistance and Support???
Sorry Richy.

I don't understand your question.

Support and Resistant not correlated to Jail.

Jail in my term as Flag Limit.

There is no Support or Resistant near the "Old Jail".

Therefore, I'm confused with your question.

Or, you can post Chart to show your marking of Support/Resistant.

Thank you
I come from the future.
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  • #1,793
  • Nov 21, 2019 7:03am Nov 21, 2019 7:03am
Quoting Pat Chiko
USD CAD Waiting in the jail to short. Nice set up. Maybe New York {image}

USD CAD


Nice Jail set up.

Waiting for break.

Keep in watch list
Attached Image (click to enlarge)
Click to Enlarge Name: ucad 129.jpg Size: 208 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,794
  • Nov 21, 2019 7:42am Nov 21, 2019 7:42am
EUR CAD

Scalping from Jail fake out.

Price reached the origin if the move.

R:R 1:2

SL 23 pips
TP 53 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ecad 124.jpg Size: 220 KB
Click to Enlarge Name: ecad 125.jpg Size: 233 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,795
  • Nov 21, 2019 8:02am Nov 21, 2019 8:02am
Quoting Nordfriese
anyone still holding Gcad shorts like me? ...or evryone already bailed out??

i still hold my shorts but also took some hedging longs and targeting the daily charts downward trendline from previous structure highs
  • #1,796
  • Nov 21, 2019 8:11am Nov 21, 2019 8:11am
Quoting richy247
{quote} Good thing I asked ... learning as well ... does that mean old jail can’t be resistance and Support???

S & R is a MM myth to draw suckers in. what we have are accumulation zones with the aim of trapping sellers in an upward aiming move and visa virsa. Within this threads views of levels, they are accumulation zones but are used to count the 3 levels for our targets and also to alert prior to a POSSIBLE reversal. This is not definite and could go to 5-6levels. That really depends on what new money/liquidity comes in against the uptrend thus feeding further the upward trend. S & R a myth.
  • #1,797
  • Nov 21, 2019 8:16am Nov 21, 2019 8:16am
GBP CAD

Yesterday I've posted my Newbie view of Jailbreak.

I miss those nice set up on GBP CAD.

Here is H4 and H1 Chart for you to comment.

Easily 50 pips scalping on that trade.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GCAD 120.jpg Size: 195 KB
Click to Enlarge Name: Gcad 121.jpg Size: 190 KB
I come from the future.
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  • #1,798
  • Nov 21, 2019 8:20am Nov 21, 2019 8:20am
Quoting Pat Chiko
{quote} USD CAD Nice Jail set up. Waiting for break. Keep in watch list {image}
USD CAD

breakout trade .
Attached Image (click to enlarge)
Click to Enlarge Name: ucad 133.jpg Size: 273 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,799
  • Nov 21, 2019 8:27am Nov 21, 2019 8:27am
Quoting Pat Chiko
EUR CAD Scalping from Jail fake out. Price reached the origin if the move. R:R 1:2 SL 23 pips TP 53 pips {image} {image}
EUR CAD

Swift jail breakout.

Lucky newbie
Attached Image (click to enlarge)
Click to Enlarge Name: ecad 127.jpg Size: 199 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,800
  • Nov 21, 2019 8:30am Nov 21, 2019 8:30am
Quoting Pat Chiko
{quote} USD CAD breakout trade . {image}

USD CAD

Quick get away.

Broke TL along the way.
Attached Image (click to enlarge)
Click to Enlarge Name: ucad 134.jpg Size: 214 KB
I come from the future.
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