The Jail Break System | Page 226 | Forex Factory

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The Jail Break System

  • #4,501
  • Jan 21, 2020 9:44am Jan 21, 2020 9:44am
USD/CAD daily chart update.

After 9 days at the 1st level it appears it s ready to move to the 2nd level.

I posted on the chart where I think the 2nd level will be.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-d1-tw-corp-usd-cad-daily-chart.png Size: 52 KB
Patience, let the trade come to you.
  • #4,502
  • Jan 21, 2020 9:59am Jan 21, 2020 9:59am
Quoting TraderR0N
{quote} Nice call on my short GBPJPY. Target achieved. Still holding on to my short GBPUSD entry at price 1.30800. Target will be at 1.30400. Will remove afterwards. {image}
Nicely done Ron!
May i ask thought process on this? The only way i would have been able to catch the 1.3080 short was if i dropped down to 15min after the big push up and shorted there, so trying to learn how you made the call
  • #4,503
  • Jan 21, 2020 10:02am Jan 21, 2020 10:02am
USDJPY was expected moves down as mention earlier post.. Price was been rejected at 110.200 - 100.300.
10% buy 10% sell 80% waiting
  • #4,504
  • Jan 21, 2020 10:08am Jan 21, 2020 10:08am
Quoting PokerChip
USD/CAD daily chart update. After 9 days at the 1st level it appears it s ready to move to the 2nd level. I posted on the chart where I think the 2nd level will be. {image}
Tomorrow is the CAD day.

CPI m/m
BOC Monetary Policy Report
BOC Rate Statement
Overnight Rate
BOC Press Conference
Uncertainty of the market must be embraced and accepted.
  • #4,505
  • Jan 21, 2020 10:15am Jan 21, 2020 10:15am
NZDUSD updates.

NZDUSD correction in play and head and shoulder spotted pattern on H4 chart to target lower.


Please be patience.
10% buy 10% sell 80% waiting
  • #4,506
  • Edited 11:19am Jan 21, 2020 10:20am | Edited 11:19am
Quoting yieldplay
{quote} Nicely done Ron! May i ask thought process on this? The only way i would have been able to catch the 1.3080 short was if i dropped down to 15min after the big push up and shorted there, so trying to learn how you made the call
Hi Yieldplay,

Thank you.

Firstly go to H4 chart on GBPUSD and draw a trendline from the top to bottom and you will then see a rejection price of 1.30800 area which is also the resistance area to be short down. I’m still at Chinatown buying some decorations stuffs for CNY will be back soon.. lol it will be lot more cheaper if you go the last 2 days.. haha..
10% buy 10% sell 80% waiting
  • #4,507
  • Jan 21, 2020 10:22am Jan 21, 2020 10:22am
Quoting slb
{quote} Tomorrow is the CAD day. CPI m/m BOC Monetary Policy Report BOC Rate Statement Overnight Rate BOC Press Conference
I agree, here's a close up of the 1 hour chart.

You can see the " W " inside the blue box.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-h1-tw-corp-usd-cad-daily-chart.png Size: 65 KB
Patience, let the trade come to you.
  • #4,508
  • Jan 21, 2020 10:24am Jan 21, 2020 10:24am
Quoting PokerChip
{quote} I agree, here's a close up of the 1 hour chart. You can see the " W " inside the blue box. {image}
Wow range pair.. will only be good to trade with pivots for range pairs..
10% buy 10% sell 80% waiting
  • #4,509
  • Jan 21, 2020 10:24am Jan 21, 2020 10:24am
Quoting TraderR0N
{quote} Hi Yieldplay, Thank you. Firstly go to H4 chart on GBPUSD and draw a trendline from the top to bottom and you will then see a rejection price of 1.30800 area to be short down. I’m still at Chinatown buying some decorations stuffs for CNY will be back soon.. lol it will be lot more cheaper if you go the last 2 days.. haha..

haha enjoy the atmosphere there. yes totally agree, things get closer to fair value, me and missus are going to get the CNY goodies on Thursday
turning in for the night, have a good session guys.
  • #4,510
  • Jan 21, 2020 10:25am Jan 21, 2020 10:25am
Quoting TraderR0N
{quote} Wow range pair.. will only be good to trade with pivots for range pairs..
It's broken out of the box and I don't think it will return.

Moving up.
Patience, let the trade come to you.
  • #4,511
  • Jan 21, 2020 10:28am Jan 21, 2020 10:28am
Quoting yieldplay
{quote} haha enjoy the atmosphere there. yes totally agree, things get closer to fair value, me and missus are going to get the CNY goodies on Thursday turning in for the night, have a good session guys.
Good night Yieldplay
Patience, let the trade come to you.
  • #4,512
  • Jan 21, 2020 10:28am Jan 21, 2020 10:28am
Quoting yieldplay
{quote} haha enjoy the atmosphere there. yes totally agree, things get closer to fair value, me and missus are going to get the CNY goodies on Thursday turning in for the night, have a good session guys.
Will be cheaper too.. enjoy
Ha ha.. Wishing you Happy CNY to you and your family.

Good night.
10% buy 10% sell 80% waiting
  • #4,513
  • Jan 21, 2020 10:31am Jan 21, 2020 10:31am
Quoting PokerChip
{quote} It's broken out of the box and I don't think it will return. Moving up.
Yes mate by looking at the chart.. but imo I still think that this pair will drop back down below 1.30 before heading north.. but we will see how this play out..
10% buy 10% sell 80% waiting
  • #4,514
  • Jan 21, 2020 10:37am Jan 21, 2020 10:37am
Quoting TraderR0N
{quote} Yes mate by looking at the chart.. but imo I still think that this pair will drop back down below 1.30 before heading north.. but we will see how this play out..
Ha don't say that haha, I'm long right now.
Patience, let the trade come to you.
  • #4,515
  • Jan 21, 2020 10:38am Jan 21, 2020 10:38am
EUR/GBP daily chart update.

Here's where I think the 2nd level will be.

If it ever gets it's engine to start.
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbpi-d1-tw-corp-eur-gbp-daily-chart.png Size: 42 KB
Patience, let the trade come to you.
  • #4,516
  • Jan 21, 2020 10:40am Jan 21, 2020 10:40am
Quoting PokerChip
{quote} Ha don't say that haha, I'm long right now.
Ha ha.. 🥱
10% buy 10% sell 80% waiting
  • #4,517
  • Jan 21, 2020 10:46am Jan 21, 2020 10:46am
Quoting TraderR0N
{quote} Ha ha.. ��
You might be right, " MM " needs sellers to fuel the push north.

But, I hope you are in correct.

Ha ha
Patience, let the trade come to you.
  • #4,518
  • Jan 21, 2020 10:46am Jan 21, 2020 10:46am
Quoting PokerChip
EUR/GBP daily chart update. Here's where I think the 2nd level will be. If it ever gets it's engine to start. {image}
Here we go lets try this one, should do the trick L.O.L.
Attached Image
  • #4,519
  • Jan 21, 2020 10:48am Jan 21, 2020 10:48am
Quoting PokerChip
{quote} I agree, here's a close up of the 1 hour chart. You can see the " W " inside the blue box. {image}
I think the price action for this pair is very difficult to read (at lest for me) at the moment, but looking at Daily itīs seems a drop to the 1.28 or even a little more.
Just my humble view.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 33 KB
Uncertainty of the market must be embraced and accepted.
  • #4,520
  • Jan 21, 2020 10:49am Jan 21, 2020 10:49am
Quoting Pipradar
{quote} Here we go lets try this one, should do the trick L.O.L. {image}
Lol, nice ride.

What is that a 10 cylinder ?

Great gas mileage to the grocery store.
Patience, let the trade come to you.
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