The Jail Break System | Page 232 | Forex Factory

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The Jail Break System

  • #4,621
  • Jan 22, 2020 8:13am Jan 22, 2020 8:13am
Quoting PokerChip
{quote} One thing that I don't like is the fact that its below the 200 EMA.
That is the long term trend. But again anything can happen in FX.. just trade what we see is the best. lol..
10% buy 10% sell 80% waiting
  • #4,622
  • Jan 22, 2020 8:19am Jan 22, 2020 8:19am
USDCAD H4

After they get the "next target" about 20 pips, price could stay in the range for some time before explode in one of the directions.
Just my view.

Cheers
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: USDCAD4.png Size: 25 KB
Uncertainty of the market must be embraced and accepted.
  • #4,623
  • Jan 22, 2020 8:35am Jan 22, 2020 8:35am
Quoting prozor7
{quote} GBPCHF TP 1.27324 reach no short for now
GBPCHF
is it time to short @ 1.27324
Forex can only be understood backwards, but it must be traded forwards.
  • #4,624
  • Jan 22, 2020 8:35am Jan 22, 2020 8:35am
Quoting prozor7
GBPJPY potential short ? @ 144.640 - 144.890 {image} {image} {image}
GBP/JPY daily chart looks strong.
Patience, let the trade come to you.
  • #4,625
  • Jan 22, 2020 8:37am Jan 22, 2020 8:37am
Quoting TraderR0N
{quote} That is the long term trend. But again anything can happen in FX.. just trade what we see is the best. lol..
Yep, it just depends which way the " MM " wants to take it.

It looks over sold, but that doesn't mean anything.
Patience, let the trade come to you.
  • #4,626
  • Jan 22, 2020 8:41am Jan 22, 2020 8:41am
Quoting prozor7
{quote} GBPCHF is it time to short @ 1.27324

GBP/CHF daily chart.

Looks like a sell opportunity to me.

If it closes below the box I will sell it on the daily chart.

The weekly chart looks strong.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchfi-d1-tw-corp-gbp-chf-daily-chart.png Size: 43 KB
Patience, let the trade come to you.
  • #4,627
  • Jan 22, 2020 9:00am Jan 22, 2020 9:00am
Quoting PokerChip
{quote} GBP/CHF daily chart. Looks like a sell opportunity to me. If it closes below the box I will sell it on the daily chart. The weekly chart looks strong. {image}
GBPCHF

It looks like BARF pattern is forming
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_CHF_4 Hours_snapshot.png Size: 40 KB
  • #4,628
  • Edited 9:16am Jan 22, 2020 9:05am | Edited 9:16am
USD/CAD 4 hour chart update.

Moving up to the 2nd level.

I just closed my buy.

I'm going to wait for it to fall back and buy again.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-h4-tw-corp-usd-cad-4-hour-chart-update.png Size: 42 KB
Patience, let the trade come to you.
  • #4,629
  • Jan 22, 2020 9:06am Jan 22, 2020 9:06am
Quoting Kruspe
{quote} GBPCHF It looks like BARF pattern is forming {image}
Good looking chart, thanks for posting it.
Patience, let the trade come to you.
  • #4,630
  • Jan 22, 2020 9:14am Jan 22, 2020 9:14am
Quoting Pat Chiko
{quote} USD CAD Those shorts at the bottom are trapped where MM was loading up longs. Will they be kind and release them? Possibly if they want to load up more longs or in order to get more retail longs to fold. But I wouldn't be staking too much on it, they love to trap. {image} If they wanted to load more longs, they'd spike downwards fast and pick their orders without giving the trapped shorts time to escape. Same tactic every time

USD CAD

Completed Scalping Jail #1

Moving on to visit Jail # 2.
Attached Image (click to enlarge)
Click to Enlarge Name: ucad 108.jpg Size: 355 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,631
  • Jan 22, 2020 9:18am Jan 22, 2020 9:18am
Quoting Pat Chiko
{quote} USD CAD Completed Scalping Jail #1 Moving on to visit Jail # 2. {image}
Welcome back Pat.

Nice chart.
Patience, let the trade come to you.
  • #4,632
  • Jan 22, 2020 9:24am Jan 22, 2020 9:24am
Quoting PokerChip
USD/CAD 4 hour chart update. Moving up to the 2nd level. I just closed my buy. I'm going to wait for it to fall back and buy again. {image}
Nice mate..you got it right.. now having some floating losses.. lol
10% buy 10% sell 80% waiting
  • #4,633
  • Jan 22, 2020 9:26am Jan 22, 2020 9:26am
Quoting TraderR0N
{quote} Nice mate..you got it right.. now having some floating losses.. lol
I got lucky, good numbers came in.

Sellers trapped at the bottom.
Patience, let the trade come to you.
  • #4,634
  • Jan 22, 2020 9:29am Jan 22, 2020 9:29am
USD/CAD daily chart update.

This is where I see the 3rd level.

I plan on buying again at 1.3090
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-d1-tw-corp-usd-cad-daily-chart.png Size: 53 KB
Patience, let the trade come to you.
  • #4,635
  • Jan 22, 2020 9:31am Jan 22, 2020 9:31am
Quoting PokerChip
{quote} I got lucky, good numbers came in. Sellers trapped at the bottom.
Nice call mate. can’t win them all.. lol winners for Long EURCAD and Short CADJPY but loser for Short USDCAD.
10% buy 10% sell 80% waiting
  • #4,636
  • Jan 22, 2020 9:32am Jan 22, 2020 9:32am
Quoting TraderR0N
Hello guys, Long EURCAD and Short CADJPY hit my target but having some floating losses for my Short USDCAD about 80 pips each positions. Still running.. I will be busy these few days.. trade safe all. Will remove afterwards. {image}
Your killing it, haha.
Patience, let the trade come to you.
  • #4,637
  • Jan 22, 2020 10:07am Jan 22, 2020 10:07am
USD/CHF daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfi-d1-tw-corp-usd-chf-daily-chart.png Size: 41 KB
Patience, let the trade come to you.
  • #4,638
  • Jan 22, 2020 10:47am Jan 22, 2020 10:47am
NZD Still holding short 3 entry's from 6605, patience required ha ha, need a close below 6580 to get some commitment further south me thinks lets see.
  • #4,639
  • Jan 22, 2020 10:53am Jan 22, 2020 10:53am
EUR/NZD daily chart.

After 13 days in and out of the box.

This might be the start of the move to the 2nd level.
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzdi-d1-tw-corp-eur-nzd-daily-chart.png Size: 54 KB
Patience, let the trade come to you.
  • #4,640
  • Jan 22, 2020 11:03am Jan 22, 2020 11:03am
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