The Jail Break System | Page 118 | Forex Factory

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The Jail Break System

  • #2,341
  • Nov 26, 2019 11:26am Nov 26, 2019 11:26am
Quoting richy247
{quote} How do you determine the TARGET 50 Pips or the Next Jail below or above?

At the reversal, Firstly I will only aim 50 - 80 pips depending on which pair I’m traded.. secondly price will bounce to retrace back to another price level before buying or selling back. Now to find after the pullback price is really a skillset.. I could be wrong at times but I have set different price levels to look at before buying or selling back nto the same directions..
pullbacks meaning ‘MM’ trend don’t go in straight lines.
its like trading with Elliott Waves..
10% buy 10% sell 80% waiting
  • #2,342
  • Nov 26, 2019 11:35am Nov 26, 2019 11:35am
Seem like today volumes ticks is low for most pairs except AUDNZD buyers volume more then sellers at 1.05530 area for long...
10% buy 10% sell 80% waiting
  • #2,343
  • Nov 26, 2019 11:42am Nov 26, 2019 11:42am
Quoting TraderR0N
{quote} ha ha ... EURCAD - 1.46000. GBPCAD 1.70700 and 1.70200. USDCAD 1.32500.
GBPCAD target hit at 1.70700.
Entry at 1.71600.

110 pips per position for 5 positions = 550 pips.
10% buy 10% sell 80% waiting
  • #2,344
  • Nov 26, 2019 11:43am Nov 26, 2019 11:43am
Later, RBNZ gov Adrian Orr speaks
Uncertainty of the market must be embraced and accepted.
  • #2,345
  • Nov 26, 2019 11:48am Nov 26, 2019 11:48am
Quoting TraderR0N
{quote} At the reversal, Firstly I will only aim 50 - 80 pips depending on which pair I’m traded.. secondly price will bounce to retrace back to another price level before buying or selling back. Now to find after the pullback price is really a skillset.. I could be wrong at times but I have set different price levels to look at before buying or selling back nto the same directions.. pullbacks meaning ‘MM’ trend don’t go in straight lines. its like trading with Elliott Waves..
It means if the first orders didn’t Hit your FIRST TARGET before pull back you still Load the Second orders to run along with the first Order

Just like a relay race ??? I’m I making sense
  • #2,346
  • Nov 26, 2019 11:50am Nov 26, 2019 11:50am
Quoting richy247
{quote} It means if the first orders didn’t Hit your FIRST TARGET before pull back you still Load the Second orders to run along with the first Order Just like a relay race ??? I’m I making sense
Thats correct mate. Try it but don’t trade too big.. because as for me I do not want to miss any of my price levels..think now or tomorrow price may retrace back before heading lower for
EURCAD, GBPCAD and USDCAD.
10% buy 10% sell 80% waiting
  • #2,347
  • Nov 26, 2019 11:56am Nov 26, 2019 11:56am
Quoting TraderR0N
{quote} Thats correct mate. Try it but don’t trade too big.. because as for me I do not want to miss any of my price levels..
It does make sense... very efficient...maximising every pips... might try it someday
  • #2,348
  • Nov 26, 2019 12:12pm Nov 26, 2019 12:12pm
Quoting richy247
{quote} It does make sense... very efficient...maximising every pips... might try it someday
What i do when fully focused, if u have a second pc, u can demo it parallel for a month. say u are selling a pair. look left. see the ladder effect of every pullpack. try drawing with the tool all the supply/demand zones and upward order blocks from the upward movement, over to your downward trend. look for candle patterns around those levels which would give u an idea of a slight reversal/retrace. Before it fully retraces the usual 10-20pips i either close the trade n profit and re enter higher up at every retrace. several of those n every down/up swing could extra 50-100pips. Or just reload another entry down at the top of the retrace. need to focus on 1-2 pairs though. Bearing in mind that below every one of those order blocks or demand zones to the left, is a SL level which will be targeted. Hence theslightly lopsided ladder effect on way down. thats a signal/level for u to exit in profit in order to reenter at better price.
  • #2,349
  • Nov 26, 2019 12:13pm Nov 26, 2019 12:13pm
Quoting pamc
{quote} What i do when fully focused, if u have a second pc, u can demo it parallel for a month. say u are selling a pair. look left. see the ladder effect of every pullpack. try drawing with the tool all the supply/demand zones and upward order blocks from the upward movement, over to your downward trend. look for candle patterns around those levels which would give u an idea of a slight reversal/retrace. Before it fully retraces the usual 10-20pips i either close the trade n profit and re enter higher up at every retrace. several of those n every...
Smart call buddy.
10% buy 10% sell 80% waiting
  • #2,350
  • Nov 26, 2019 12:15pm Nov 26, 2019 12:15pm
Guys,

Look at EC, GC and UC I would think price is starting to retrace at this hour..
10% buy 10% sell 80% waiting
  • #2,351
  • Nov 26, 2019 12:18pm Nov 26, 2019 12:18pm
Ok have to stop here my eyes are rolling and no movements at this hour.

See you guys around.

Happy trading.
Good night.
10% buy 10% sell 80% waiting
  • #2,352
  • Nov 26, 2019 12:18pm Nov 26, 2019 12:18pm
Quoting pamc
{quote} What i do when fully focused, if u have a second pc, u can demo it parallel for a month. say u are selling a pair. look left. see the ladder effect of every pullpack. try drawing with the tool all the supply/demand zones and upward order blocks from the upward movement, over to your downward trend. look for candle patterns around those levels which would give u an idea of a slight reversal/retrace. Before it fully retraces the usual 10-20pips i either close the trade n profit and re enter higher up at every retrace. several of those n every...
This another great idea ....I have so much to learn ...Any more person have ideas how to Max Profits..What about PokerChips?

I will try and max 2-3 pairs ...TraderRon is a Machine dealing with 6-7 Same time ...
  • #2,353
  • Nov 26, 2019 12:22pm Nov 26, 2019 12:22pm
Quoting TraderR0N
Guys, Look at EC, GC and UC I would think price is starting to retrace at this hour..
Not really Cad is hot potato
Attached Image (click to enlarge)
Click to Enlarge Name: klokijkl.PNG Size: 334 KB
  • #2,354
  • Nov 26, 2019 12:35pm Nov 26, 2019 12:35pm
Quoting richy247
{quote} Not really Cad is hot potato {image}
what;s this currency strength name richy247,,,,,
i am no yet cheak it
Attached Image (click to enlarge)
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  • #2,355
  • Nov 26, 2019 1:59pm Nov 26, 2019 1:59pm
Hey guys,

I was looking at my charts just now and have decided to
manual close my rest of short EURUSD positions at 1.10200 with 40 pips profits. Entry was at 1.10620.
Seem to me bottom price has been held at 1.10ish area.

Have just place my new orders for below pairs for reversal.

Long EURUSD at 1.10200.

Long EURNZD at 1.71500.

Short USDJPY at 109.050.

We will see where the price go.

Cheers and good night.
Ron.
10% buy 10% sell 80% waiting
  • #2,356
  • Nov 26, 2019 2:04pm Nov 26, 2019 2:04pm
Quoting thisara1
{quote} what;s this currency strength name richy247,,,,, i am no yet cheak it {image}
Ohh i left for errands....its called FX POWER..by Daniel Stein...you can get on MQL5..it should be about 40 from 90 pounds ...
  • #2,357
  • Nov 26, 2019 2:09pm Nov 26, 2019 2:09pm
Looks tempting for GBPNZD looks like a good buy and NZDUSD looks like a good sell.. but I will check my price action tomorrow for more confirmation..

Laters!
Night.
10% buy 10% sell 80% waiting
  • #2,358
  • Nov 26, 2019 2:30pm Nov 26, 2019 2:30pm
Quoting TraderR0N
Looks tempting for GBPNZD looks like a good buy and NZDUSD looks like a good sell.. but I will check my price action tomorrow for more confirmation.. Laters! Night.
Here's the daily charts for GBP/NZD and NZD/USD.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdusdi-d1-tw-corp-nzd-usd-daily-chart.png Size: 35 KB
Click to Enlarge Name: gbpnzdi-d1-tw-corp-gbp-nzd-daily-chart.png Size: 38 KB
Patience, let the trade come to you.
  • #2,359
  • Edited 3:09pm Nov 26, 2019 2:52pm | Edited 3:09pm
Quoting TraderR0N
Hey guys, I was looking at my charts just now and have decided to manual close my rest of short EURUSD positions at 1.10200 with 40 pips profits. Entry was at 1.10620. Seem to me bottom price has been held at 1.10ish area. Have just place my new orders for below pairs for reversal. Long EURUSD at 1.10200. Long EURNZD at 1.71500. Short USDJPY at 109.050. We will see where the price go. Cheers and good night. Ron.
i am watch it today newsnzd risk on no idea

Quote
Ohh i left for errands....its called FX POWER..by Daniel Stein...you can get on MQL5..it should be about 40 from 90 pounds ...

3

thank friends
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3403.jpg Size: 43 KB
  • #2,360
  • Edited 6:15pm Nov 26, 2019 3:40pm | Edited 6:15pm
GBP/NZD Daily chart.

I think this pair will have a nice drop in the next 24 hours.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd-d1-coinexx-inc-gbp-nzd-daily-chart.png Size: 40 KB
Patience, let the trade come to you.
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