The Jail Break System | Page 125 | Forex Factory

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The Jail Break System

  • #2,481
  • Nov 27, 2019 2:44pm Nov 27, 2019 2:44pm
Quoting PokerChip
{quote} I'm starting to think the best way to trade my jail break system is to trade the 4 hour and the daily. I like the action of the 1 hour though, that's going to be hard to give up. That's the gambler in me, lol. I'm hoping we can put the jail break system in a EA. That's been my goal for awhile. I think it would do pretty good. The key would be making the EA trade from the 1 hour chart and on up. Traders don't get much sleep through the week, and on the weekend I try to catch up. So the EA would be the way to go if I can find a programmer...
You're the "MAESTRO";If there's more info to the 4H And Daily Please let us know...Best EA are programmed by Traders(never used one before )...Hopefully someone with great programming skills decide to show up here.Fivver should be a great place to find Freelance Coder,But has to be You that explain the FULL concept and Edges of the Strategy.

Happy Thanksgiving And have a great family time .
  • #2,482
  • Nov 27, 2019 2:44pm Nov 27, 2019 2:44pm
Quoting Pat Chiko
GBP CAD entry on continuation price direction. {image}
GBP CAD

Stopped Out

Cost of trading -27,3 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gcad 127.jpg Size: 214 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,483
  • Nov 27, 2019 2:47pm Nov 27, 2019 2:47pm
Quoting Pat Chiko
GBP USD reversal at "R" zone. {image}

GBP USD

Stopped Out

Cost of trading -16,4 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gu 151.jpg Size: 245 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,484
  • Nov 27, 2019 2:48pm Nov 27, 2019 2:48pm
Quoting Pat Chiko
{quote} GBP JPY End of scalping. Reversal trade {image}
GBP JPY

Stopped Out

Cost of trading -26,5 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gj 116.jpg Size: 187 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,485
  • Nov 27, 2019 2:52pm Nov 27, 2019 2:52pm
Quoting Pat Chiko
GBP AUD Scalping on bounce of TL at "R" zone {image}
GBP AUD

Closed

Returns from trading +98,4 pips
Attached Image (click to enlarge)
Click to Enlarge Name: ga 107.jpg Size: 237 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,486
  • Nov 27, 2019 2:53pm Nov 27, 2019 2:53pm
Quoting Pat Chiko
{quote} GBP CAD Stopped Out Cost of trading -27,3 pips {image}
Sorry about that ...GBP is a hard Pair to play with ...Thats why I stay clear of GBP...Im only shorting GA till 1am GMT and im getting out
  • #2,487
  • Nov 27, 2019 3:29pm Nov 27, 2019 3:29pm
AUD NZD

Waiting for price to enter "R" zone.

Wait for price action.

Compression move will give at least 100 pip, if this pair reverse.

Trade well and be patience
Attached Image(s) (click to enlarge)
Click to Enlarge Name: an 107.jpg Size: 216 KB
Click to Enlarge Name: an 108.jpg Size: 221 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,488
  • Nov 27, 2019 3:41pm Nov 27, 2019 3:41pm
Quoting richy247
{quote} Sorry about that ...GBP is a hard Pair to play with ...Thats why I stay clear of GBP...Im only shorting GA till 1am GMT and im getting out

It's the news moved it in aggressive manner.

Good to see they bump up the GBP JPY to upper level .

Get ready to find any short trade for GJ as MM already push it up.

Watch price action before entering your trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: news 2.jpg Size: 129 KB
Click to Enlarge Name: gj 130.jpg Size: 221 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,489
  • Nov 27, 2019 3:53pm Nov 27, 2019 3:53pm
EUR GBP

Looking forward to trade this pair.

Very good candidate to give good pips returns

Just wait for the set up by using LTF
Attached Image (click to enlarge)
Click to Enlarge Name: egbp 112.jpg Size: 216 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,490
  • Nov 27, 2019 3:55pm Nov 27, 2019 3:55pm
Quoting TraderR0N
AUDJPY seem like want to drop at 74.340 - 74.500 area. Watching it closely for a short trade to 3 levels down to 73 area.
GM guys,

I have sold AUDJPY at the current price and also set pending sell limits at 74.340 - 74.500 in any case if the pair goes up. This pair could drop to
73.00 - 72.500 area.

I have also sold GBPJPY at the current price and also set pending sell limits at 141.850 in any case if the pair goes up. This pair could drop to 141 - 140.500 area.

Enjoy your day and
Going back to sleep.

Laters!!!
10% buy 10% sell 80% waiting
  • #2,491
  • Nov 27, 2019 4:09pm Nov 27, 2019 4:09pm
Quoting richy247
{quote} You're the "MAESTRO";If there's more info to the 4H And Daily Please let us know...Best EA are programmed by Traders(never used one before )...Hopefully someone with great programming skills decide to show up here.Fivver should be a great place to find Freelance Coder,But has to be You that explain the FULL concept and Edges of the Strategy. Happy Thanksgiving And have a great family time .
The 4 hour is just a longer version of the 1 hour. The 4 hour gives you a advantage of not being whip sawed like the 1 hour can.

I really think if you know the direction the " MM " is moving than the 4 hour is the way to go. Then all you have to do is drop down to the 1 hour and make the entry.

As far as a coder goes, we will need one that really wants to do it. It's not going to be easy.

Forex trading is a hard way to make a easy living, ha ha.

If you celebrate Thanksgiving I hope enjoy everything that comes with it. Happy Thanksgiving to you and you're family and friends.

Talk to you later.

Poker Chip
Patience, let the trade come to you.
  • #2,492
  • Nov 27, 2019 4:20pm Nov 27, 2019 4:20pm
Quoting Pat Chiko
{quote} 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 {image} {image}
Hi Pat Chiko... sorry for delay..was not close to the screen...
yes...price is still inside box 3, but there will be a big move very soon...i believe to the upside...we have almost 11-12 consecutive days of very steep decline in the price..on a daily basis look at the level app. 1.10535-6... there are multiple lows and highs back to February, May...Jul..August this year...well..there are some "zone of interest" for big players... we have today very indecisive closing...
it it plays on a long side I am expecting that price can reach up to app. 1.10610, wpp is at 1.10608...
..it is a risky trade, daily looks like mega-ultra short...bounce of some 40-60 pips would be a very nice surprise...
  • #2,493
  • Nov 27, 2019 4:36pm Nov 27, 2019 4:36pm
GBP is strong i have sell entry in GU and GJ
  • #2,494
  • Nov 27, 2019 4:37pm Nov 27, 2019 4:37pm
Happy Thanksgiving to you and your family, Poker Chip. Also to all who celebrate it.

Am travelling hence only reading but no new trades this week. Holding some old trades like EurAud and EurCad, waiting for them to turn green. GBP is really in a wild ride.

Green pips everyone.
  • #2,495
  • Nov 27, 2019 5:03pm Nov 27, 2019 5:03pm
GBP JPY - be carefull with shorts
breakout from daily box
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 35 KB
donīt follow me,you will loose your moneyy
  • #2,496
  • Nov 27, 2019 5:04pm Nov 27, 2019 5:04pm
Quoting Kellytrade
Happy Thanksgiving to you and your family, Poker Chip. Also to all who celebrate it. Am travelling hence only reading but no new trades this week. Holding some old trades like EurAud and EurCad, waiting for them to turn green. GBP is really in a wild ride. Green pips everyone.
Happy Thanksgiving to you and your family as well. Be careful traveling. I'm stuck in GBP/NZD, waiting for it to drop. Talk to you later.
Patience, let the trade come to you.
  • #2,497
  • Nov 27, 2019 5:06pm Nov 27, 2019 5:06pm
Quoting Cyrusjoy
GBP is strong i have sell entry in GU and GJ
More then a month that both pairs are in about a 200 pips range.
When the break happens it's going to be a beautiful move.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.PNG Size: 21 KB
Click to Enlarge Name: gj.PNG Size: 22 KB
Uncertainty of the market must be embraced and accepted.
  • #2,498
  • Nov 27, 2019 5:11pm Nov 27, 2019 5:11pm
Damn you GBP.... I knew it .. told myself No No no I still did it
  • #2,499
  • Nov 27, 2019 5:24pm Nov 27, 2019 5:24pm
Quoting slb
{quote} More then a month that both pairs are in about a 200 pips range. When the break happens it's going to be a beautiful move. {image} {image}
What do u mean?
  • #2,500
  • Nov 27, 2019 5:41pm Nov 27, 2019 5:41pm
Quoting Cyrusjoy
{quote} What do u mean?
As I showed in the post, GU and GJ are in a range of about 200 pips over a month ago.

In the daily chart we can see that it seems to be doing the 1st level after the possible reversal.
If so the breakout may be up but first there must still be a breakout down to hunt the money.
And the space either up or down after the real breakout is big, about 500 pips, itīs going to be a good move.

I hope you (all) get some $$
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.PNG Size: 32 KB
Uncertainty of the market must be embraced and accepted.
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