The Jail Break System | Page 166 | Forex Factory

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The Jail Break System

  • #3,301
  • Dec 12, 2019 9:02am Dec 12, 2019 9:02am
IT IS DECEMBER MONTH and I hate it because of so many risky factors going on till year end.. period..
10% buy 10% sell 80% waiting
  • #3,302
  • Dec 12, 2019 9:08am Dec 12, 2019 9:08am
Lots of traders are selling DXY.. hope its not a bear trap.. imo dollar index is still bullish by looking at a bigger picture.
10% buy 10% sell 80% waiting
  • #3,303
  • Dec 12, 2019 9:13am Dec 12, 2019 9:13am
I'm way more tolerant of draw downs than I used to be. As long as I can keep count of the levels and pivots, 9/10 times it comes back my way for at least a small profit.
  • #3,304
  • Dec 12, 2019 9:19am Dec 12, 2019 9:19am
Quoting tuffysteeler
I'm way more tolerant of draw downs than I used to be. As long as I can keep count of the levels and pivots, 9/10 times it comes back my way for at least a small profit.
Trading forex market sure to have DD if there’s no DD that person could ba a 100% scam. lol

All is about waiting.
10% buy 10% sell 80% waiting
  • #3,305
  • Dec 12, 2019 2:52pm Dec 12, 2019 2:52pm
GBP USD

Scalping after spike
Attached Image (click to enlarge)
Click to Enlarge Name: gu 124.jpg Size: 235 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,306
  • Dec 12, 2019 2:55pm Dec 12, 2019 2:55pm
GBP AUD

Scalping only after spike
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Click to Enlarge Name: ga 100.jpg Size: 213 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,307
  • Dec 12, 2019 3:32pm Dec 12, 2019 3:32pm
Quoting Pat Chiko
{quote} EUR CHF This is the easiest pair I traded for the last 24 hours. The jail house marking is easy, making my trade entry & add position is simpler to identify. {image}

EUR CHF

After the spike , I lost count the JAIL #.

Closing the trade now, not sure where is the jail and where price want to go after spike.
Attached Image (click to enlarge)
Click to Enlarge Name: echf 104.jpg Size: 215 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,308
  • Dec 12, 2019 4:05pm Dec 12, 2019 4:05pm
Quoting Pat Chiko
{quote} EUR CHF After the spike , I lost count the JAIL #. Closing the trade now, not sure where is the jail and where price want to go after spike. {image}
Pat,
It looks like the " MM " used the news of Brexit to spike the pair.

Poker Chip
Patience, let the trade come to you.
  • #3,309
  • Edited 10:20pm Dec 12, 2019 4:19pm | Edited 10:20pm
Quoting PokerChip
{quote} Pat, It looks like the " MM " used the news of Brexit to spike the pair. Poker Chip

Yes Sir.

Spike to take out SL.

I was lucky to have SL just around 25 to 29 pips ( my threshold is 30 pips)

SL just below recent daily low
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: uchf 106.jpg Size: 265 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,310
  • Dec 12, 2019 5:14pm Dec 12, 2019 5:14pm
Quoting Pat Chiko
{quote} Yes Sir. Spike to take out SL. I was luck to have SL just around 25 to 29 pips ( my threshold is 30 pips) SL just below recent daily low {image} {image}
This is a crazy business. Where the unordinary is the ordinary.
Patience, let the trade come to you.
  • #3,311
  • Dec 12, 2019 10:17pm Dec 12, 2019 10:17pm
EUR USD

Scalping after the fake out
Attached Image (click to enlarge)
Click to Enlarge Name: eu 110.jpg Size: 225 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,312
  • Dec 12, 2019 10:46pm Dec 12, 2019 10:46pm
Morning all,,,,,,,
No trades for me yet. Dax has broken the 00-00 4 hour bar high for lots , yaaaaaaaaay . I did not trade it.....
I will be trading Cable... probably some correction/profit taking, <<<< i dont care as i will just trade the break triggers.
Trade well all.
t - 06-46
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,313
  • Dec 12, 2019 11:03pm Dec 12, 2019 11:03pm
Cable , 00-00 4 hour bar break....
I am short.
Trade well all.
07-03
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,314
  • Edited Dec 13, 2019 8:03pm Dec 12, 2019 11:06pm | Edited Dec 13, 2019 8:03pm
Good morning Billy.

Election done.

Next week going to quiet market ?

Congratulation BOJO
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,315
  • Dec 12, 2019 11:11pm Dec 12, 2019 11:11pm
Quoting Pat Chiko
GBP AUD Scalping only after spike {image}

GBP AUD

Scalping Status Update.

Small position to cover spike.
Attached Image (click to enlarge)
Click to Enlarge Name: ga 101.jpg Size: 153 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,316
  • Dec 12, 2019 11:20pm Dec 12, 2019 11:20pm
Quoting Pat Chiko
GBP USD Scalping after spike {image}

GBP USD

Scalping Status Update.

Small position to cover spike.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 125.jpg Size: 158 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,317
  • Dec 12, 2019 11:30pm Dec 12, 2019 11:30pm
Quoting billytt
Cable , 00-00 4 hour bar break.... I am short. Trade well all. 07-03
Short now closed.... I got 20 , I was more concerned about the 00-00 4 hr bar range of 61..
PLUS my charts started acting odd?
should hopefully see a drop to 13426 area.

actually forget above, that has happened lol.
t 07-30


edit. adr low is 13350 area.
t 07-31
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,318
  • Edited Dec 13, 2019 12:37am Dec 12, 2019 11:32pm | Edited Dec 13, 2019 12:37am
GBP JPY

Scalping while waiting for London Open

Small position to cover spike.


edit : CLOSED ALL TRADES
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,319
  • Edited Dec 13, 2019 12:36am Dec 12, 2019 11:39pm | Edited Dec 13, 2019 12:36am
GBP CAD

Scalping while waiting for London Open

Waiting for another Spike


CLOSED TRADE
Attached Image (click to enlarge)
Click to Enlarge Name: gcad 127.jpg Size: 121 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,320
  • Dec 12, 2019 11:42pm Dec 12, 2019 11:42pm
Dax,, adr has almost been made, so I am not touching it. adr = 172 .
t 07-42
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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