The Jail Break System | Page 195 | Forex Factory

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The Jail Break System

  • #3,881
  • Jan 10, 2020 2:41am Jan 10, 2020 2:41am
Quoting TraderR0N
{quote} That was fast bud.
anticipation mate
  • #3,882
  • Jan 10, 2020 2:46am Jan 10, 2020 2:46am
Quoting TraderR0N
{quote} That was fast bud.

consolidation, followed by up swing taking out most of the shorts within the range, then strong impulse down to past bottom of range, induced more sells and a swift take out of the sellers again. They dont want anyone on their coat tails do they. To be honest following that, i really think they are gonna head down again
  • #3,883
  • Jan 10, 2020 2:49am Jan 10, 2020 2:49am
Hi PokerChip,
I can't understand that it is reversed,there is no level 1 and I don't see any important formation at the bottom,what can you see that it will turn. I think I will not learn. Thanks..
  • #3,884
  • Jan 10, 2020 2:54am Jan 10, 2020 2:54am
Quoting pamc
{quote} anticipation mate
Well said bud...
10% buy 10% sell 80% waiting
  • #3,885
  • Jan 10, 2020 2:58am Jan 10, 2020 2:58am
Quoting pamc
{quote} consolidation, followed by up swing taking out most of the shorts within the range, then strong impulse down to past bottom of range, induced more sells and a swift take out of the sellers again. They dont want anyone on their coat tails do they. To be honest following that, i really think they are gonna head down again
Hi buddy,

Well said.

And this is what I have analyse below for GBPUSD.

I still think that cable will go for a test of the 78.6 fibs at 1.29870 on H4 chart...just under 1.30 area. Imo

More strong downside to come if it’s breaks below 1.30.
So 1.30120 - 1.30000 is the important level to watch for break or bounce back up. Imo


EDIT: These 2 prices are important. Either break down or bounce back up depending on these prices.
1.30120 - 1.30000. H4 support very important.
10% buy 10% sell 80% waiting
  • #3,886
  • Jan 10, 2020 3:08am Jan 10, 2020 3:08am
Quoting TraderR0N
{quote} EURAUD - I have place my sell order for a break at 1.61300 and target at 1.60900. Green pips.

EURAUD - Sell trade activated.

10% buy 10% sell 80% waiting
  • #3,887
  • Jan 10, 2020 3:09am Jan 10, 2020 3:09am
Today we shall let the ‘MM’ do their job. We will have lots of opportunities to trade next week.
10% buy 10% sell 80% waiting
  • #3,888
  • Jan 10, 2020 3:13am Jan 10, 2020 3:13am
Quoting TraderR0N
New trades below Long EURCAD at 1.45100. Target at 1.45500. Short EURNZD at 1.67998. Target at 1.67500. Cheers.
EURNZD target hit.
10% buy 10% sell 80% waiting
  • #3,889
  • Jan 10, 2020 3:24am Jan 10, 2020 3:24am
Quoting TraderR0N
For those who had long EURJPY will be a good buy as long as price stays above 121.500 and may go higher to price 122.300. I’m still holding long at 121.425. I will stop here and see you guys around as market has no movement unless Trump tweet some headlines news. lol Good night to everyone. Trade safe.

EURJPY - Price keep hovering above 121.500.
What is it telling you?
10% buy 10% sell 80% waiting
  • #3,890
  • Jan 10, 2020 4:12am Jan 10, 2020 4:12am
So my style of trading is I would prefer to see H4 and H1 setup. Individual preferences. Daily is also good.

So guys, start your engine. lol
10% buy 10% sell 80% waiting
  • #3,891
  • Jan 10, 2020 4:24am Jan 10, 2020 4:24am
Quoting TraderR0N
{quote} Hi guys, This is an example on how I analyse my short EURAUD on H4 chart. See image for better understanding why I have enter 2 sell trades. One is after the pullback at 1.61920. TP was hit at 1.61500. and the other is sell continuous trend at 1.61300, TP will be at 1.60900. I won’t be posting any more setup as I’m always busy. Cheers. {image} {image} {image}
EURAUD will be pulling back now. I will set my pending sell limits at 2 prices 1.61650 and 1.61900 for continuous downtrend.
10% buy 10% sell 80% waiting
  • #3,892
  • Jan 10, 2020 4:30am Jan 10, 2020 4:30am
Quoting Rudrax
{quote} thanks for your kind assistance PC... hope this 4 hour chart makes more sense...{image}
Yes it does. The daily chart for direction and the 4 hour or 1 hour for you're entry.
Patience, let the trade come to you.
  • #3,893
  • Jan 10, 2020 4:42am Jan 10, 2020 4:42am
Good morning everyone.
Patience, let the trade come to you.
  • #3,894
  • Jan 10, 2020 4:43am Jan 10, 2020 4:43am
Quoting PokerChip
Good morning everyone.
Good morning
10% buy 10% sell 80% waiting
  • #3,895
  • Jan 10, 2020 4:49am Jan 10, 2020 4:49am
Quoting PokerChip
Good morning everyone.
Hi Poker, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,896
  • Jan 10, 2020 4:55am Jan 10, 2020 4:55am
Quoting PokerChip
Good morning everyone.
Morning Pokerchip,

NFP day, but I guess if you are looking at Daily charts, you are not bothered too much by "knee jerk" reaction?
  • #3,897
  • Jan 10, 2020 4:59am Jan 10, 2020 4:59am
Quoting billytt
{quote} Hi Poker, hope you are well.
Billy,
The wife now says the lady that gave me my hearing test needs to be tested, ha ha.

Poker Chip
Patience, let the trade come to you.
  • #3,898
  • Jan 10, 2020 5:01am Jan 10, 2020 5:01am
Quoting Kellytrade
{quote} Morning Pokerchip, NFP day, but I guess if you are looking at Daily charts, you are not bothered too much by "knee jerk" reaction?
it gives the market movers/brokers a very easy job to kill off market traders, with spread,spike etc
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,899
  • Jan 10, 2020 5:01am Jan 10, 2020 5:01am
Quoting Kellytrade
{quote} Morning Pokerchip, NFP day, but I guess if you are looking at Daily charts, you are not bothered too much by "knee jerk" reaction?
Good morning sir.

NFP just guessing will be good.

Trump is a brilliant in my book.

You just can't beat him.
Patience, let the trade come to you.
  • #3,900
  • Jan 10, 2020 5:05am Jan 10, 2020 5:05am
Quoting Celal
Hi PokerChip, I can't understand that it is reversed,there is no level 1 and I don't see any important formation at the bottom,what can you see that it will turn. I think I will not learn. Thanks..
Celal,
Here's a current chart for NZD/USD.

Study these levels and you'll start seeing these levels on other pairs.

This takes time, it won't happen over night.

Poker Chip
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusdi-d1-tw-corp-nzd-usd-daily-chart.png Size: 52 KB
Patience, let the trade come to you.
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