The Jail Break System | Page 184 | Forex Factory

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The Jail Break System

  • #3,661
  • Jan 6, 2020 10:39am Jan 6, 2020 10:39am
Quoting TraderR0N
After that I will remove all my images.
Your kicking butt.
Patience, let the trade come to you.
  • #3,662
  • Jan 6, 2020 10:40am Jan 6, 2020 10:40am
Quoting PokerChip
{quote} Your kicking butt.
Ha ha..
10% buy 10% sell 80% waiting
  • #3,663
  • Jan 6, 2020 10:45am Jan 6, 2020 10:45am
Quoting TraderR0N
{quote} Ha ha..
I really like the daily chart because of all accuracy and information that it gives.

But the down side is, it's a slower pace and I was once use to the 1 hour chart.

Adjusting from life in the fast, ha ha.
Patience, let the trade come to you.
  • #3,664
  • Jan 6, 2020 10:49am Jan 6, 2020 10:49am
Quoting PokerChip
{quote} I really like the daily chart because of all accuracy and information that it gives. But the down side is, it's a slower pace and I was once use to the 1 hour chart. Adjusting from life in the fast, ha ha.
Yes bud indeed you’re right about that on the Daily chart accuracy. The only problem is the Daily Candle bar and we won’t know what is happening inside the Daily bar unless we have to lower to H4 to see what is going on with the 6 candle bar. I’m still trading with H1 and H4. Everything starts from the lower timeframe..
10% buy 10% sell 80% waiting
  • #3,665
  • Jan 6, 2020 10:55am Jan 6, 2020 10:55am
Quoting TraderR0N
{quote} Yes bud indeed you’re right about that on the Daily chart accuracy. The only problem is the Daily Candle bar and we won’t know what is happening inside the Daily bar unless we have to lower to H4 to see what is going on with the 6 candle bar. I’m still trading with H1 and H4. Everything starts with the lover timeframe..
Your correct, but now using the daily chart after the reversal and then the 1st level is being built or is completed I can know how far the pair will travel going up or down before it gets there. Basically moving right next to the " MM " step by step. So if it's moving up it should take about 33 trading days to get there give or take a day or two. If it's moving down about 22 trading days give or take.

I also find it interesting that a lot of the reversals up or down are at the beginning of a month or the end of a month.
Patience, let the trade come to you.
  • #3,666
  • Jan 6, 2020 10:56am Jan 6, 2020 10:56am
Quoting PokerChip
{quote} Which pair ?
All you charted....Can you look USDCAD please
  • #3,667
  • Jan 6, 2020 10:57am Jan 6, 2020 10:57am
Quoting PokerChip
{quote} Your correct, but now using the daily chart after the reversal and then the 1st level is being built or is completed I can know how far the pair will travel going up or down before it gets there. Basically moving right next to the " MM " step by step. So if it's moving up it should take about 33 trading days to get there give or take a day or two. If it's moving down about 22 trading days give or take.
That is nice buddy. I will give it a try on the Daily chart.
10% buy 10% sell 80% waiting
  • #3,668
  • Jan 6, 2020 11:00am Jan 6, 2020 11:00am
Quoting richy247
{quote} All you charted....Can you look USDCAD please
All you charted, lol.

USD/CAD okay give me a minute.

I just looked at the daily chart on USD/CAD it's ranging, it won't work on ranging pairs.

Sorry mate.
Patience, let the trade come to you.
  • #3,669
  • Jan 6, 2020 11:05am Jan 6, 2020 11:05am
USDCAD

Watch for H4 support at 1.29576 for a
break or bounce.
if its break down next support will be at 1.29300 could be the next bounce back up north area.

Watch for this 2 prices.
10% buy 10% sell 80% waiting
  • #3,670
  • Jan 6, 2020 11:16am Jan 6, 2020 11:16am
For those who trade USDCHF.

Solid sell at price 0.96817. Target at 0.96400 at Daily support. Broke H1 support at 0.96840 for more downside.
10% buy 10% sell 80% waiting
  • #3,671
  • Jan 6, 2020 11:23am Jan 6, 2020 11:23am
NZDUSD.

Watch for H4 resistance at 0.66740 for breakup short term. Or watch H4 support at 0.66440 for more downside.
10% buy 10% sell 80% waiting
  • #3,672
  • Jan 6, 2020 11:24am Jan 6, 2020 11:24am
Quoting PokerChip
{quote} All you charted, lol. USD/CAD okay give me a minute. I just looked at the daily chart on USD/CAD it's ranging, it won't work on ranging pairs. Sorry mate.
Thanks
  • #3,673
  • Jan 6, 2020 11:25am Jan 6, 2020 11:25am
Quoting TraderR0N
USDCAD Watch for H4 support at 1.29576 for a break or bounce. if its break down next support will be at 1.29300 could be the next bounce back up north area. Watch for this 2 prices.
Thanks ....Appreciate
  • #3,674
  • Jan 6, 2020 11:30am Jan 6, 2020 11:30am
Quoting TraderR0N
For those who trade USDCHF. Solid sell at price 0.96817. Target at 0.96400 at Daily support. Broke H1 support at 0.96840 for more downside.
Just took TP off USDCHF ...Its scary looking like a gonna touch down to 0.959sh or bounce up MAJORLY...Small profit is better than Nothing ....
  • #3,675
  • Jan 6, 2020 11:33am Jan 6, 2020 11:33am
Quoting Pat Chiko
EUR AUD Scalping HTF - LTF view {image} {image}

EUR AUD


Entry made on 27th Dec, 2019 as scalping.

End up as Jail Breaker "R" Position Trader, been holding this trade for a year...

Attached Image (click to enlarge)
Click to Enlarge Name: ea 101.jpg Size: 305 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,676
  • Jan 6, 2020 11:34am Jan 6, 2020 11:34am
Quoting richy247
{quote} Just took TP off USDCHF ...Its scary looking like a gonna touch down to 0.959sh or bounce up MAJORLY...Small profit is better than Nothing ....
Let these profits help build you're confidence. Mondays are not easy days to trade, the " MM " will trap you and then you'll be stuck.
Patience, let the trade come to you.
  • #3,677
  • Jan 6, 2020 11:35am Jan 6, 2020 11:35am
Quoting Pat Chiko
{quote} EUR AUD Entry made on 27th Dec, 2019 as scalping. End up as Jail Breaker "R" Position Trader, been holding this trade for a year... {image}
Nice trade Pat, and Happy New Year !
Patience, let the trade come to you.
  • #3,678
  • Jan 6, 2020 11:41am Jan 6, 2020 11:41am
Quoting richy247
{quote} Just took TP off USDCHF ...Its scary looking like a gonna touch down to 0.959sh or bounce up MAJORLY...Small profit is better than Nothing ....
Smart.
10% buy 10% sell 80% waiting
  • #3,679
  • Jan 6, 2020 11:41am Jan 6, 2020 11:41am
AUD JPY


Last year (2019)trade

"R" Jail associated with fake out to take out all stop loss.

Fake break outs to the upside, cause all Stop Loss ( = buy limit) been taken out. Price engulfs a level and then turns around.

When the market ‘fakes out’, creating a breakout trap & reverse scenario.

The market sling shots in the opposite direction and closes outside the opposite end of the previous candle’s range – creating a powerful reversal signal.

Manipulation by Institutional Traders.

Daily trendline in play for the next jail stop
Attached Image (click to enlarge)
Click to Enlarge Name: aj 100.jpg Size: 285 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,680
  • Jan 6, 2020 11:43am Jan 6, 2020 11:43am
Daily USDCAD...Look better in weekly ....I guess its a beautiful LONG if it doesnt break the Yesterday LOW as TraderRon Said..."USDCAD

Watch for H4 support at 1.29576 for a
break or bounce.
if its break down next support will be at 1.29300 could be the next bounce back up north area. "
Attached Image (click to enlarge)
Click to Enlarge Name: dailyUSDCAD.PNG Size: 194 KB
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