The Jail Break System | Page 112 | Forex Factory

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The Jail Break System

  • #2,221
  • Nov 26, 2019 1:25am Nov 26, 2019 1:25am
Quoting billytt
{quote} Hello Pat Chiko, thankyou for the kind words. I am not in these guys league Re:- trading and analysis. I am/was a pro trader, but I trade off stats/maths and I go with the market makers to areas. My profits are based on taking a percentage of a percentage, I stack the game in my favour with odds/probabilities. Trade well.

Hi Billytt.

Can you help comment on my new trade entry on GBP USD

Thanks Billy for helping newbie.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,222
  • Nov 26, 2019 1:42am Nov 26, 2019 1:42am
Quoting Pat Chiko
{quote} Hi Billytt. Can you help comment on my new trade entry on GBP USD Thanks Billy for helping newbie.
Hi Pat C, that would be difficult for me to answer.
I am currently short with Cable, entered on the break of the 00-00 4 hour candle. UK Time.
Just looking at your chart, ( IF ) I had to trade off your chart ,I would draw a line above and below your jail area and wait for one to be broken.

But I do not trade this way lol. My bias is short though off my method.
Trade well.
t07-42
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,223
  • Nov 26, 2019 1:49am Nov 26, 2019 1:49am
Quoting billytt
{quote} Hi Pat C, that would be difficult for me to answer. I am currently short with Cable, entered on the break of the 00-00 4 hour candle. UK Time. Just looking at your chart, ( IF ) I had to trade off your chart ,I would draw a line above and below your jail area and wait for one to be broken. But I do not trade this way lol. My bias is short though off my method. Trade well. t07-42

Thanks Billy

Appreciate your response.

No worries. I'm in steep learning curve.

With your guide and comments, I hope someday I become like you.

Thanks a lot and green pips ahead of you.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,224
  • Nov 26, 2019 2:41am Nov 26, 2019 2:41am
Quoting Pat Chiko
{quote} Hi Richy247. Here you go. Try to adjust it to your liking. Maybe you find it useful. Sincerely PAT {file} {file}
Morning Guys,
Thanks for sharing Pat ...
  • #2,225
  • Nov 26, 2019 3:43am Nov 26, 2019 3:43am
[quote=Pat Chiko;12633499]{quote} GBP USD Re-evaluate the set up. I think this is better set up ( Newbie version). Do not follow this trade. It is not trade signal. I'm trying to learn from Jail Break set up. Appreciate your view and comment on this set up Thank you {image}[/quote

Hi, GU are in a range from about a month, and at the moment seems the movement is for the downside at least near support of the range.
JMHO
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.PNG Size: 28 KB
Click to Enlarge Name: gu2.PNG Size: 27 KB
Uncertainty of the market must be embraced and accepted.
  • #2,226
  • Nov 26, 2019 4:11am Nov 26, 2019 4:11am
Quoting TraderR0N
GBPUSD update Imo.. GBPUSD possible to reject again at price 1.29000 area and move back down to 1.27500 - 1.27 area..
Good afternoon to all.

GBPUSD was being rejected at 1.29000 area and heading back down..

Cheers.
Ron.
10% buy 10% sell 80% waiting
  • #2,227
  • Nov 26, 2019 4:12am Nov 26, 2019 4:12am
Quoting slb
{quote} Yep and I´m still training my eyes and trying to understand better the price movement inside the "jail". {image}

Hi Slb,

Well done.
10% buy 10% sell 80% waiting
  • #2,228
  • Nov 26, 2019 4:27am Nov 26, 2019 4:27am
Quoting TraderR0N
{quote} Good afternoon to all. GBPUSD was being rejected at 1.29000 area and heading back down.. Cheers. Ron.
Morning TraderRon....quick GU scalp
Attached Image (click to enlarge)
Click to Enlarge Name: saveGUD.PNG Size: 168 KB
  • #2,229
  • Nov 26, 2019 4:31am Nov 26, 2019 4:31am
Quoting richy247
{quote} Morning TraderRon....quick GU scalp {image}
Well done mate..

going to make myself a

BRB..
10% buy 10% sell 80% waiting
  • #2,230
  • Nov 26, 2019 4:33am Nov 26, 2019 4:33am
GBPCAD had a huge pullback at around 100 pips range.. this pair range is probably around 80 - 100 pips..

Updates of CAD pairs.

Still holding short GBPCAD at 1.71250.

Still holding short EURCAD at 1.46500.

Still holding short USDCAD at 1.33100 will load more when 1.33200 - 1.33500 reach.


Thanks.
Ron.
10% buy 10% sell 80% waiting
  • #2,231
  • Nov 26, 2019 4:49am Nov 26, 2019 4:49am
Quoting Pat Chiko
{quote} USD CAD Still stuck at the same entry price. This is newbie view. It is not a signal service, because I'm still earning. Hope somebody help to correct me along the way. Thank You {image}
USD CAD

Rising Wedge.

Waiting for jail break.

Still in negative drawdown
Attached Image (click to enlarge)
Click to Enlarge Name: ucad 139.jpg Size: 249 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,232
  • Nov 26, 2019 4:49am Nov 26, 2019 4:49am
Quoting TraderR0N
GBPCAD had a huge pullback at around 100 pips range.. this pair range is probably around 80 - 100 pips.. Updates of CAD pairs. Still holding short GBPCAD at 1.71250. Still holding short EURCAD at 1.46500. Still holding short USDCAD at 1.33100 will load more when 1.33200 - 1.33500 reach. Thanks. Ron.
where are you riding them too?
  • #2,233
  • Nov 26, 2019 4:52am Nov 26, 2019 4:52am
Quoting Pat Chiko
{quote} USD CAD Rising Wedge. Waiting for jail break. Still in negative drawdown {image}
Pat Technical Wiz...How do you fly through charts so fast ....
  • #2,234
  • Nov 26, 2019 5:00am Nov 26, 2019 5:00am
Quoting richy247
{quote} where are you riding them too?
GBPCAD target - 1.70700 - 1.70200 area.

EURCAD target - 1.46000 - 1.45500 area.

USDCAD target - 1.32500 area or could be lower will see how the price moves.

If its hit my entries at 1.33200 - 1.33500 then i could only target 50 pips.
10% buy 10% sell 80% waiting
  • #2,235
  • Nov 26, 2019 5:04am Nov 26, 2019 5:04am
Quoting richy247
{quote} where are you riding them too?
Did you short EC and GC? I know you have short UC.
10% buy 10% sell 80% waiting
  • #2,236
  • Nov 26, 2019 5:06am Nov 26, 2019 5:06am
AUDNZD went down lower due to NZD news was good and AUD news was bad.. that’s why AUD is weak and NZD is strong atm.. could change lane soon for this 1 to 2 days. Watch price action for any rejection below to go north.
10% buy 10% sell 80% waiting
  • #2,237
  • Nov 26, 2019 5:10am Nov 26, 2019 5:10am
Quoting TraderR0N
{quote} Did you short EC and GC? I know you have short UC.
Still short in UC....Thinking about EC As its pullback is attractive to get in...And GC...Pounds is too scary for me with this Election news.I can ONLY jump in and out fast ..Not spending more than an Hour.
  • #2,238
  • Nov 26, 2019 5:14am Nov 26, 2019 5:14am
[quote=slb;12633775]
Quoting Pat Chiko
{quote} GBP USD Re-evaluate the set up. I think this is better set up ( Newbie version). Do not follow this trade. It is not trade signal. I'm trying to learn from Jail Break set up. Appreciate your view and comment on this set up Thank you {image}[/quote Hi, GU are in a range from about a month, and at the moment seems the movement is for the downside at least near support of the range. JMHO {image} {image}

Hi Sib,

GBPUSD

Still possible to re-test the low at price
1.28100 - 1.28000. If breaks below this price will further down to 1.27500 - 1.27000 area.

Important level to watch - 1.28100 - 1.28000 for further downside.
10% buy 10% sell 80% waiting
  • #2,239
  • Nov 26, 2019 5:18am Nov 26, 2019 5:18am
Quoting richy247
{quote} Still short in UC....Thinking about EC As its pullback is attractive to get in...And GC...Pounds is too scary for me with this Election news.I can ONLY jump in and out fast ..Not spending more than an Hour.
Yep me too.. bit of risk to trade at this point cos of the election in Dec and on going votes. Just got to trade safe.. lots of uncertainties about the Brexit outcome..
as for me I’m still lean to Bullish GBP pairs.
Too much noise atm for

Mate you’re from London.. ha..
10% buy 10% sell 80% waiting
  • #2,240
  • Nov 26, 2019 5:37am Nov 26, 2019 5:37am
Quoting richy247
{quote} Still short in UC....Thinking about EC As its pullback is attractive to get in...And GC...Pounds is too scary for me with this Election news.I can ONLY jump in and out fast ..Not spending more than an Hour.

AUDCAD is still a good short. Short term trend is still up..
Some of my traders friends are putting target
at 0.89 - 0.88 area for long term.. long term trend is still on the downside.

They have also predicted that GBPAUD and EURAUD will have a big moves up soon.
10% buy 10% sell 80% waiting
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