The Jail Break System | Page 119 | Forex Factory

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The Jail Break System

  • #2,361
  • Nov 26, 2019 8:22pm Nov 26, 2019 8:22pm
GBP/SGD Daily chart
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Patience, let the trade come to you.
  • #2,362
  • Nov 26, 2019 8:47pm Nov 26, 2019 8:47pm
Quoting PokerChip
GBP/SGD Daily chart {image}
good one maestro... in process i think...
  • #2,363
  • Nov 26, 2019 8:57pm Nov 26, 2019 8:57pm
long on aud/nzd @ 1.0557 as well...just for a few pips...for coffee only
  • #2,364
  • Nov 26, 2019 10:18pm Nov 26, 2019 10:18pm
USD JPY

Set up for reversal.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,365
  • Nov 26, 2019 10:50pm Nov 26, 2019 10:50pm
EUR AUD


Waiting for retest with Limit Order
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,366
  • Nov 26, 2019 11:05pm Nov 26, 2019 11:05pm
Quoting 7thTorch
long on aud/nzd @ 1.0557 as well...just for a few pips...for coffee only

Hi 7thTorch.


AUDNZD

I'm newbie.

Would like to know WHY do you went LONG when price is still inside the jail #3 ?.

On H1, the formation of "M" indicate price is going to continue lower.

Sorry for newbie question, because I want to learn.

Thank for your answer
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,367
  • Nov 27, 2019 12:44am Nov 27, 2019 12:44am
Quoting Pat Chiko
{quote} USD CAD Rising Wedge. Waiting for jail break. Still in negative drawdown {image}

USD CAD

Price break from rising wedge.

Waiting for retest before resume.

Wait for Price Action to enter/ add position.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,368
  • Nov 27, 2019 1:09am Nov 27, 2019 1:09am
Morning all from a wet UK.
I am short Cable, break of 00-00 4 hour bar, UK time.
Dax & FTSE Long, break of 00-00 4 hour bar High.
Trade well all.
07-09 uk time.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,369
  • Nov 27, 2019 1:37am Nov 27, 2019 1:37am
Quoting PokerChip
This is a forex system " The Jail Break System " that I started working on in June of 2010 after losing exactly $330,000 dollars from multiple forex accounts that begin in 2008. I reloaded my 3 accounts several times until my wife told me if I reload my accounts again she would leave me. Right then I started looking for a better way to trade forex. In 2008 I thought I knew enough to make a profit daily in forex. Little did I know I knew nothing about how to trade foreign currency. I burned through $330,000 in 17 months. I've been back trading full...
In my eyes a good concept...thanx very much...
Vucking good EA coder... https://t.ly/AZjRM
  • #2,370
  • Nov 27, 2019 1:46am Nov 27, 2019 1:46am
Quoting Pat Chiko
EUR AUD Waiting for retest with Limit Order {image}
L
Morning all.
Heres my take on the AUDNZD. Looking at the AUDNZD, Daily chart, there is a big green candle 26 august. The low of that at 1.05315. The stops below that are the target as are the pending sells for that level. expect price to hit that an go below by 20pips or so, serving both purposes of the stops and triggering the sell orders and taking them out soon after with reversal deep retrace up to 1.06300 area before resuming down to 1.04250 area initially. Thats around 100 pips to 'scalp' up and could take up to 3 days to achieve based on ADR.
  • #2,371
  • Nov 27, 2019 2:10am Nov 27, 2019 2:10am
Quoting pamc
{quote} L Morning all. Heres my take on the AUDNZD. Looking at the AUDNZD, Daily chart, there is a big green candle 26 august. The low of that at 1.05315. The stops below that are the target as are the pending sells for that level. expect price to hit that an go below by 20pips or so, serving both purposes of the stops and triggering the sell orders and taking them out soon after with reversal deep retrace up to 1.06300 area before resuming down to 1.04250 area initially. Thats around 100 pips to 'scalp' up and could take up to 3 days to achieve...
That is a good read, hope you are well P.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,372
  • Nov 27, 2019 2:36am Nov 27, 2019 2:36am
Quoting billytt
Morning all from a wet UK. I am short Cable, break of 00-00 4 hour bar, UK time. Dax & FTSE Long, break of 00-00 4 hour bar High. Trade well all. 07-09 uk time.

Good morning Billy.

Hope all is well.

Thanks for sharing your insight with us.

Take care and green pips to you and rest of the world.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,373
  • Nov 27, 2019 2:40am Nov 27, 2019 2:40am
Quoting pamc
{quote} L Morning all. Heres my take on the AUDNZD. Looking at the AUDNZD, Daily chart, there is a big green candle 26 august. The low of that at 1.05315. The stops below that are the target as are the pending sells for that level. expect price to hit that an go below by 20pips or so, serving both purposes of the stops and triggering the sell orders and taking them out soon after with reversal deep retrace up to 1.06300 area before resuming down to 1.04250 area initially. Thats around 100 pips to 'scalp' up and could take up to 3 days to achieve...

Good Morning PAMC.

Thanks for the insight,

I learned a lot for your posting.

Take care and get those pips
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,374
  • Nov 27, 2019 2:40am Nov 27, 2019 2:40am
Quoting pamc
{quote} L Morning all. Heres my take on the AUDNZD. Looking at the AUDNZD, Daily chart, there is a big green candle 26 august. The low of that at 1.05315. The stops below that are the target as are the pending sells for that level. expect price to hit that an go below by 20pips or so, serving both purposes of the stops and triggering the sell orders and taking them out soon after with reversal deep retrace up to 1.06300 area before resuming down to 1.04250 area initially. Thats around 100 pips to 'scalp' up and could take up to 3 days to achieve...
Hi pamc, Thank you for your post, I find this very interesting, this is good stuff, a new thought process for me, this thread is a very good place to be, glad to be here.
  • #2,375
  • Nov 27, 2019 2:40am Nov 27, 2019 2:40am
Morning Everyone
  • #2,376
  • Nov 27, 2019 2:58am Nov 27, 2019 2:58am
USD CHF

Price at "R" zone.

I'm looking for price action (aka reason) to enter.

Is price going to push higher a bit to take out SL or ready to go.

Your view and comment welcome.

Thanks
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,377
  • Nov 27, 2019 3:00am Nov 27, 2019 3:00am
CADJPY

Please correct me if im wrong...
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  • #2,378
  • Nov 27, 2019 3:08am Nov 27, 2019 3:08am
Also YEN seems to be on nose dive...Negative news coming up later tonight ...I might be wrong...
  • #2,379
  • Nov 27, 2019 3:33am Nov 27, 2019 3:33am
GBP JPY

Waiting to short at fakeout at Jail #1.

Scalping just to earn some tiny pips on corrective move.

Comments and ideas welcome

Thank you
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,380
  • Nov 27, 2019 3:57am Nov 27, 2019 3:57am
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.

Good afternoon everyone.

EURCAD - Target hit at 1.46000.

The above pairs which I have placed last night are still in floating losses but is ok they need time to breathe.


Thanks.
BRB.
10% buy 10% sell 80% waiting
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