The Jail Break System | Page 101 | Forex Factory

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The Jail Break System

  • #2,001
  • Nov 22, 2019 12:17pm Nov 22, 2019 12:17pm
Quoting TraderR0N
{quote} Hi richy247, My PC is off so I can’t access to my chart now.. and I’m still out. but don’t trade anymore till next week.. it’s risky to enter it now.. I will let you know next week for USDCAD Most likely USDCAD will revisit or retest the high again at 1.33150 where previously I have sold and hit my target at 1.32600 I will update you when market open.
i will check out usdcad when i load my orderbook and stop clusters over the weekend. looking at the daily, its tested that so many times. its due for a break up. wayto any orders and sl's above that 'resistance. possibly to 1.34500
  • #2,002
  • Nov 22, 2019 12:19pm Nov 22, 2019 12:19pm
Quoting TraderR0N
Hey guys, From now on I would not want to show my screenshot to prove on my winning trades for entry and exits but trying to keep low.. I will just state my target instead.. otherwise will invite lots of trolls asking this and that... no time for all this.. ha.. this is what had happen to some good traders that I know left this community. lol.. they had just advice me not to do that.. Thank you. Ron.

success is a magnet for em on ff.
  • #2,003
  • Nov 22, 2019 12:20pm Nov 22, 2019 12:20pm
Quoting pamc
{quote} i will check out usdcad when i load my orderbook and stop clusters over the weekend. looking at the daily, its tested that so many times. its due for a break up. wayto any orders and sl's above that 'resistance. possibly to 1.34500

Yes mate you’re right about that possible to go for the next high at 1.34 area.. my thoughts too.. but have to see where price goes when market open.
10% buy 10% sell 80% waiting
  • #2,004
  • Nov 22, 2019 12:22pm Nov 22, 2019 12:22pm
Quoting pamc
{quote} success is a magnet for em on ff.
ha.. they all went to telegram group.. lots of good traders there because of inviting unnecessary trolls in here.. I was invited there too but left the group.. haha..
10% buy 10% sell 80% waiting
  • #2,005
  • Nov 22, 2019 12:23pm Nov 22, 2019 12:23pm
Some traders have strong ego I should say.:
10% buy 10% sell 80% waiting
  • #2,006
  • Nov 22, 2019 12:25pm Nov 22, 2019 12:25pm
I can’t work with strong ego trader... Sorry probably thats me.. lol anyway I will just keep low.. this is a public forum.. people just like to say what they want nothing wrong with that we can’t stop them too. Ha but I like it here hopefully no trolls around.. lol
10% buy 10% sell 80% waiting
  • #2,007
  • Nov 22, 2019 12:30pm Nov 22, 2019 12:30pm
Sad to say I was one of them to be troll by others and I left and quit here to join telegram group.. haha..

You can’t stop them all just like you can’t trade them all.. its the same theory.. ha

Ok back to trading... see you guys next week for more trade setups.. just reach him not long.. going to rest and sleep soon.. trade safe trade well.. bye & good night.
10% buy 10% sell 80% waiting
  • #2,008
  • Nov 22, 2019 12:31pm Nov 22, 2019 12:31pm
GBP/CAD update, the pair has now moved to the 2nd level.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcadi-h1-tw-corp-gbp-cad.png Size: 44 KB
Patience, let the trade come to you.
  • #2,009
  • Nov 22, 2019 12:34pm Nov 22, 2019 12:34pm
Quoting PokerChip
GBP/CAD update, the pair has now moved to the 2nd level. {image}
excellent mate.. coming your way soon..
10% buy 10% sell 80% waiting
  • #2,010
  • Nov 22, 2019 12:36pm Nov 22, 2019 12:36pm
Quoting PokerChip
GBP/CAD update, the pair has now moved to the 2nd level. {image}

yes Poker, i see that. still in the sell. watching this like a hawk
  • #2,011
  • Nov 22, 2019 12:36pm Nov 22, 2019 12:36pm
Quoting TraderR0N
Hey guys, GBPCAD update for reversal price below imo.. 1.70200 - 1.69300 area for 3 level up. I will long when my price reach. Watch out for reversal price. Happy happy weekend to all traders here. Ron.

@PokeeChip this is for you.
10% buy 10% sell 80% waiting
  • #2,012
  • Nov 22, 2019 12:38pm Nov 22, 2019 12:38pm
Good night!
10% buy 10% sell 80% waiting
  • #2,013
  • Nov 22, 2019 12:42pm Nov 22, 2019 12:42pm
Quoting TradeWreck
{quote} I am going to have to study price all I can and learn from the 3 level strategy. This is an amazing room, I feel like I might actually stop loosing all the time, lol.
We, us, me will help you as much as you need.

The information here hopefully will give you confidence to pull the next trigger.

Discipline and patience will go a long way when you're trading any currency.

It takes time to be a good trader and you'll have loses a long the way, but those losses will become less and less because you'll figure it out as you go.

Thanks,
Poker Chip
Patience, let the trade come to you.
  • #2,014
  • Nov 22, 2019 12:43pm Nov 22, 2019 12:43pm
Quoting TraderR0N
Good night!
Good night Trader Ron, have a great weekend.
Patience, let the trade come to you.
  • #2,015
  • Nov 22, 2019 3:01pm Nov 22, 2019 3:01pm
Quoting PokerChip
{quote} Good night Trader Ron, have a great weekend.
and good night to you all from me. see you Monday
  • #2,016
  • Nov 22, 2019 3:56pm Nov 22, 2019 3:56pm
Quoting pamc
{quote} and good night to you all from me. see you Monday
Good night and have a great weekend PAMC

Good night everybody.
Patience, let the trade come to you.
  • #2,017
  • Nov 22, 2019 5:19pm Nov 22, 2019 5:19pm
Hi, Poker Chip, can you tell me the settings of the moving averages you use on your charts?. This looks like a very interesting system.
  • #2,018
  • Nov 22, 2019 5:28pm Nov 22, 2019 5:28pm
Quoting carmelina
Hi, Poker Chip, can you tell me the settings of the moving averages you use on your charts?. This looks like a very interesting system.

View here:
Quoting PokerChip
This the GBP/USD H1 chart. I tried to squeeze in the whole chart and I didn't succeed. Anyway, if you look at the left bottom corner you can see a small black line the runs through the 13MA crossing the 50MA, there is also a red x there but it wasn't saved. This is beginning the 1st level of this week. The 2nd level of the week has a line through the 50MA crossing the 200MA and you can see the 2nd x in the photo. The beginning of the 3rd level is mark by a line running through and the 3rd red x with the 200MA crossing the 800 MA. And if you look...


The only impartial feeling is love. It is also the only feeling of God.
  • #2,019
  • Nov 22, 2019 6:50pm Nov 22, 2019 6:50pm
Quoting LvMMT
{quote} View here: {quote}
Thank you LvMMT
Patience, let the trade come to you.
  • #2,020
  • Edited Nov 23, 2019 1:23pm Nov 22, 2019 7:58pm | Edited Nov 23, 2019 1:23pm
ADX indicator for buy and sell entries.

ADX (Average Directional Movement Index) on the MT4

Hello everyone,
This week since I was stuck in my GBP/CAD I looked for a indicator on the MT4 platform to help traders that get stuck in trades, like me.
So this is what I came up with.
I have the ADX indicator set at (4)
I took this indicator and made small buys and sells (0.01 of a lot).

Here's what worked for a sell.

When the ADX indicator crossed 75 at the top I made a sell entry, if it keep dropping and crossed the 50 I made another sell entry.
Closed both sell trades at 29 and 30.

Here's what worked for a buy trade.
For my buy trades I bought at 26 and 27 and if the pair crossed the 50 on the way up I made another buy and closed both trades at 65.

I like this indicator, hopefully it will help keep me from getting stuck a little less.

Note: Please remember that the parameter setting of (4) this indicator operates really good when set at apply of " LOW ". This is where it seems to work the best, and on the 1 hour chart of course.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcadi-h1-tw-corp-gbp-cad.png Size: 45 KB
Patience, let the trade come to you.
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