The Jail Break System | Page 231 | Forex Factory

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The Jail Break System

  • #4,601
  • Jan 22, 2020 6:13am Jan 22, 2020 6:13am
Quoting Kruspe
{quote} Great! Could you please describe your method how do you track and move with the MM if you are not using 3 levels principles? Thanks!
first we have the average daily range, so we know what sort of range to play with. I then will take example 40 points from a 100 range (it depends).
Just a basic simply method, once my specific range is broken ie 00-00 4 hour, I look for 20 points, IF it then retraces and breaks the opposite end I then chase the daily range, or part of it.
Sometimes you see the levels being busted when the bears/bulls are being wiped out, and I follow the MM not trade one of the areas loaded with bears/bulls.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,602
  • Jan 22, 2020 6:16am Jan 22, 2020 6:16am
Quoting prozor7
EURGBP I would like to see 0.84444 - nice closing cycle will be @ 0.84267 - 0.84069 before enter long {image} {image}
EUGBP TP reach
enter small long in front of the running train
Forex can only be understood backwards, but it must be traded forwards.
  • #4,603
  • Jan 22, 2020 6:28am Jan 22, 2020 6:28am
GBPUSD
rules on this post
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #4,604
  • Jan 22, 2020 6:39am Jan 22, 2020 6:39am
Quoting prozor7
EURAUD buy above 1.61875 sell below {image}
EURAUD update
this is reason why price stop @ 1.61748 pay att. to 1.61843
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #4,605
  • Jan 22, 2020 6:46am Jan 22, 2020 6:46am
Quoting prozor7
NZDUSD 0.66029 would be nice to short !!! pay attention to 0.66174 (76.4% yellow line) price should not find support on 0.66154 (61.8% week orange line) to continue down move otherwise 0.66552 {image} {image}
NZDUSD update
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #4,606
  • Jan 22, 2020 6:51am Jan 22, 2020 6:51am
EURNZD
nzd is strong will 1.67674 hold???
Attached Images
Forex can only be understood backwards, but it must be traded forwards.
  • #4,607
  • Jan 22, 2020 6:53am Jan 22, 2020 6:53am
Quoting billytt
morning all, I have had 3 breakout triggers on cable, dax, ftse but am leaving them. I will trade usd /chf if/when it breaks. I I know its Wednesday but their is something not right.lol When in doubt, STAY OUT. Trade well all. t 05-44
Good morning Billytt,

When in doubt, STAY OUT.

Very true, that covers a lot of territory ha.
Patience, let the trade come to you.
  • #4,608
  • Jan 22, 2020 6:57am Jan 22, 2020 6:57am
Quoting prozor7
CAD day today so take look @ MN big picture and see where we are, than when zoom in on W1 level and than on D1 apply rules from this post {image} {image} {image}
Prozor7,
Thanks for the post, that's a lot of work.
Your charts look good.

Poker Chip
Patience, let the trade come to you.
  • #4,609
  • Jan 22, 2020 7:04am Jan 22, 2020 7:04am
Quoting PokerChip
{quote} Prozor7, Thanks for the post, that's a lot of work. Your charts look good. Poker Chip
thx
not to much???

edit:
not overly posts?
Forex can only be understood backwards, but it must be traded forwards.
  • #4,610
  • Jan 22, 2020 7:08am Jan 22, 2020 7:08am
USD/CAD 4 hour chart update.

Now back inside the box.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-h4-tw-corp-usd-cad-4-hour-chart.png Size: 42 KB
Patience, let the trade come to you.
  • #4,611
  • Jan 22, 2020 7:21am Jan 22, 2020 7:21am
I just bought usd/cad at 1.3040

It went below the box, that was my sign to me.
Patience, let the trade come to you.
  • #4,612
  • Jan 22, 2020 7:39am Jan 22, 2020 7:39am
Quoting PokerChip
I just bought usd/cad at 1.3040 It went below the box, that was my sign to me.
Ha ha.. good luck mate. Hope it goes your direction.. because my target will be at 1.30100. But it could go lower before buyers step in. I could be wrong.. haha..

If it breaks below 1.30000 then sellers will be strong.
We will see.
10% buy 10% sell 80% waiting
  • #4,613
  • Jan 22, 2020 7:46am Jan 22, 2020 7:46am
Quoting TraderR0N
{quote} Ha ha.. good luck mate. Hope it goes your direction.. because my target will be at 1.30100. But it could go lower before buyers step in. I could be wrong.. haha.. If it breaks below 1.30000 then sellers will be strong. We will see.
Good morning Trader Ron,

I probably bought to soon.

I wanted to buy below the box on the 4 hour chart.

All the support in that area.

A lot of support at 1.3035
Patience, let the trade come to you.
  • #4,614
  • Jan 22, 2020 7:48am Jan 22, 2020 7:48am
Quoting PokerChip
{quote} Good morning Billytt, When in doubt, STAY OUT. Very true, that covers a lot of territory ha.
good morro Poker, I hope all is well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,615
  • Jan 22, 2020 7:55am Jan 22, 2020 7:55am
Quoting PokerChip
{quote} Good morning Trader Ron, I probably bought to soon. I wanted to buy below the box on the 4 hour chart. All the support in that area. A lot of support at 1.3035
It is ok mate as long it doesn’t break below 1.30000.
10% buy 10% sell 80% waiting
  • #4,616
  • Jan 22, 2020 7:58am Jan 22, 2020 7:58am
Quoting billytt
{quote} good morro Poker, I hope all is well.
So far so good.

22 degrees here right now.
Patience, let the trade come to you.
  • #4,617
  • Jan 22, 2020 7:58am Jan 22, 2020 7:58am
Quoting TraderR0N
{quote} It is ok mate as long it doesn’t break below 1.30000.
That's a long way down, haha.
Patience, let the trade come to you.
  • #4,618
  • Jan 22, 2020 7:59am Jan 22, 2020 7:59am
Quoting PokerChip
{quote} That's a long way down, haha.
ha ha..
10% buy 10% sell 80% waiting
  • #4,619
  • Jan 22, 2020 8:08am Jan 22, 2020 8:08am
Quoting TraderR0N
{quote} ha ha..
One thing that I don't like is the fact that its below the 200 EMA.
Patience, let the trade come to you.
  • #4,620
  • Jan 22, 2020 8:11am Jan 22, 2020 8:11am
GBPJPY potential short ? @ 144.640 - 144.890
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Forex can only be understood backwards, but it must be traded forwards.
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