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The Jail Break System

  • #1,921
  • Nov 22, 2019 1:38am Nov 22, 2019 1:38am
What I will do for jumping in trade when pullback or correction have ended.. firstly I go for 30 - 50 pips depending on which pair of cos the more volatile pairs the more pips like GBP.. also set my levels of price for round numbers. Not 100% but at least we have a guide.. in trading we must have a guide and follow it no guide is as good as gambling...
10% buy 10% sell 80% waiting
  • #1,922
  • Nov 22, 2019 1:41am Nov 22, 2019 1:41am
Gonna have my and wait for London open and see where the price go.. another 20 mins..

Laters brb..
10% buy 10% sell 80% waiting
  • #1,923
  • Nov 22, 2019 1:46am Nov 22, 2019 1:46am
morning all from a wet Uk.
have a god day trading.

I am trading break out of 00-00 4 hour bar UK Time.
Cable Long which looks like it might fail, but it does not matter as I will nail it. <<<<<<<Be Positive and realistic.
dax, gbp/nzd short, same as above.
Trade well all
t 07-46
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,924
  • Nov 22, 2019 1:51am Nov 22, 2019 1:51am
Quoting billytt
morning all from a wet Uk. have a god day trading. I am trading break out of 00-00 4 hour bar UK Time. Cable Long which looks like it might fail, but it does not matter as I will nail it. <<<<<<<Be Positive and realistic. dax, gbp/nzd short, same as above. Trade well all t 07-46

Well said mate!
10% buy 10% sell 80% waiting
  • #1,925
  • Nov 22, 2019 1:57am Nov 22, 2019 1:57am
One thing for sure I have realise is that when a trend is strong down or up and when news came out for that particular pair will mostly pullback or correction then resumes it trends.. notice and see for yourself.. mark the price level before the news release and see where the price go.. setups and patterns are almost the same repeats setup.. or what I will do is look at M15 chart 15 min before the news release, mostly candle is hinting us something for whether it’s good or bad news..not 100% but banks or institutional traders already price in for the news.. we being the small player just have to follow their back.. lol
10% buy 10% sell 80% waiting
  • #1,926
  • Nov 22, 2019 2:00am Nov 22, 2019 2:00am
Quoting bocet
{quote} so GBP index looks go down,then probably GBP will weak ? thank you
YES


EURLFX UP=EUR STRONGER
GBPLFX UP=GBP STRONGER
CADLFX UP=CAD STRONGER
LFXJPY UP= JPY WEAKER
AUDLXF UP= AUD STRONGER
CHFLFX UP= CHF STRONGER
USDLFX UP= USD STRONGER
NZDLFX UP= NZD STRONGER
  • #1,927
  • Nov 22, 2019 2:05am Nov 22, 2019 2:05am
Who can have the best price entry.. answer is nobody but bank using algorithm software will move the price first.. so no matter what we can’t get the best price..
10% buy 10% sell 80% waiting
  • #1,928
  • Nov 22, 2019 2:08am Nov 22, 2019 2:08am
Quoting TraderR0N
Who can have the best price entry.. answer is nobody but bank using algorithm software will move the price first.. so no matter what we can’t get the best price..
hold gbpcad i am hold it
  • #1,929
  • Nov 22, 2019 2:11am Nov 22, 2019 2:11am
Quoting thisara1
{quote} hold gbpcad i am hold it
Hi mate, me too still holding it.

My Targets - 1.71100 - 1.71200 - 1.70700 - 1.70200.
GBPCAD. but I’m sure when GBP news release will have a pullback.. imo

Target below 1.69ish.. must break 1.70350 in order to see further downside..
10% buy 10% sell 80% waiting
  • #1,930
  • Nov 22, 2019 2:17am Nov 22, 2019 2:17am
Seem to be a positive news for EUR PMIs..

EUR pairs start to trend up..

let’s wait for ECB speech more important..
10% buy 10% sell 80% waiting
  • #1,931
  • Nov 22, 2019 2:23am Nov 22, 2019 2:23am
Anyway news is just an excuse to justify the move of the market.. bigger picture still more important.. have to let the news settle down for awhile..
10% buy 10% sell 80% waiting
  • #1,932
  • Nov 22, 2019 2:25am Nov 22, 2019 2:25am
Long term view - EUR zone is still weak so sell the rallies for EUR cross pairs is the best choice.. imo..


EUR slowly climbing up.. later GBP will follow.. come on is Friday..
10% buy 10% sell 80% waiting
  • #1,933
  • Nov 22, 2019 2:28am Nov 22, 2019 2:28am
Quoting TraderR0N
One thing for sure I have realise is that when a trend is strong down or up and when news came out for that particular pair will mostly pullback or correction then resumes it trends.. notice and see for yourself.. mark the price level before the news release and see where the price go.. setups and patterns are almost the same repeats setup.. or what I will do is look at M15 chart 15 min before the news release, mostly candle is hinting us something for whether it’s good or bad news..not 100% but banks or institutional traders already price in for...
Ron always so great to read your posts mate, so informative and motivating to learn. Thanks for your positiveness, great to see you back
life is a reflection of what we allow ourselves to see
  • #1,934
  • Nov 22, 2019 2:29am Nov 22, 2019 2:29am
Quoting mikeeating
{quote} Ron always so great to read your posts mate, so informative and motivating to learn. Thanks for your positiveness, great to see you back

Hi mate, miss you too.. haha pls do stay around.. this is a good system to learn and train your patience too.. thanks to PokerChip. Any questions just ask mate..
10% buy 10% sell 80% waiting
  • #1,935
  • Nov 22, 2019 2:31am Nov 22, 2019 2:31am
Quoting billytt
morning all from a wet Uk. have a god day trading. I am trading break out of 00-00 4 hour bar UK Time. Cable Long which looks like it might fail, but it does not matter as I will nail it. <<<<<<<Be Positive and realistic. dax, gbp/nzd short, same as above. Trade well all t 07-46
Cable still Long,
dax the short was a fail but high broke and fixed it.
FTSE high broke and good.
gbp/nzd short, good.
Just break out trades..
My main trade is Cable.
t 08-31
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,936
  • Nov 22, 2019 2:32am Nov 22, 2019 2:32am
Quoting billytt
{quote} Cable still Long, dax the short was a fail but high broke and fixed it. FTSE high broke and good. gbp/nzd short, good. Just break out trades.. My main trade is Cable. t 08-31

Hi mate, beware of news later for GBP.
10% buy 10% sell 80% waiting
  • #1,937
  • Nov 22, 2019 2:41am Nov 22, 2019 2:41am
Quoting TraderR0N
{quote} Hi mate, beware of news later for GBP.
Will do, thank you.
My main trade which is Cable. I took 5% on the 08-00 15 minute bar break.
The 00-00 4 hour bar break is the one I look for the daily range, but I trade it with small lot size.
I am just watching the daily range bars...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,938
  • Nov 22, 2019 2:42am Nov 22, 2019 2:42am
Red News
8:27amEUR ECB President Lagarde Speaks
8:30amEUR German Flash Manufacturing PMI
9:00amEUR Flash Manufacturing PMI
9:30amGBP Flash Manufacturing PMI
  • #1,939
  • Nov 22, 2019 2:42am Nov 22, 2019 2:42am
Check EURNZD And EURAUD Look like EC will follow next
  • #1,940
  • Nov 22, 2019 2:43am Nov 22, 2019 2:43am
Quoting billytt
{quote} Will do, thank you. My main trade which is Cable. I took 5% on the 08-00 15 minute bar break. The 00-00 4 hour bar break is the one I look for the daily range, but I trade it with small lot size. I am just watching the daily range bars...
10% buy 10% sell 80% waiting
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