The Jail Break System | Page 236 | Forex Factory

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The Jail Break System

  • #4,701
  • Jan 23, 2020 5:40am Jan 23, 2020 5:40am
EUR JPY

Waiting EUR news

Small position for price spike down.

P/S. This is not signal, just my personal observation and analysis.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,702
  • Jan 23, 2020 5:44am Jan 23, 2020 5:44am
GBP
be careful GBP is overstretched without serious move in any directions. probably because of GBPAUD
Forex can only be understood backwards, but it must be traded forwards.
  • #4,703
  • Jan 23, 2020 5:47am Jan 23, 2020 5:47am
GBPAUD
D1 H4 H1
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Forex can only be understood backwards, but it must be traded forwards.
  • #4,704
  • Jan 23, 2020 5:58am Jan 23, 2020 5:58am
Quoting prozor7
GBP be careful GBP is overstretched without serious move in any directions. probably because of GBPAUD
just watching cable, with all the inside bars on the 4 hour.
t 11-58
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,705
  • Jan 23, 2020 5:58am Jan 23, 2020 5:58am
Quoting Pat Chiko
EUR JPY Waiting EUR news Small position for price spike down. P/S. This is not signal, just my personal observation and analysis. {image} {image}
EURJPY
I'm watching 121.102 - 121.029 - 120.933 for long (last price as mental SL)

reason 121.670 didn't hold as I emphasize in previous posts
on this pullback 121.655 - 121.748 should be resistance
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Forex can only be understood backwards, but it must be traded forwards.
  • #4,706
  • Jan 23, 2020 6:23am Jan 23, 2020 6:23am
USD/CAD daily chart update.

Still strong and pushing north.
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Patience, let the trade come to you.
  • #4,707
  • Jan 23, 2020 6:26am Jan 23, 2020 6:26am
Quoting prozor7
{quote} EURJPY I'm watching 121.102 - 121.029 - 120.933 for long (last price as mental SL) reason 121.670 didn't hold as I emphasize in previous posts on this pullback 121.655 - 121.748 should be resistance {image}
hi
EURJPY is around Mid of Ascending Channel and personally I would prefer to Short the pair around 1.2165-80 range for targets around 1.2120s.

Longs would be preferred around 121 with some bullish base candles.

lets see. limit risk.
Time & Price Forecast - Jenkins
  • #4,708
  • Jan 23, 2020 6:31am Jan 23, 2020 6:31am
Quoting Pat Chiko
{quote} EUR GBP With Major Impact News in few hours, this pair closely watch by many. This in my newbie view on how to trade this pair. Need to see H1TF chart pattern confirmation of the moves. MM need to trap enough retail traders in weak positions in order to get liquidity to buy before the push down. Maybe I look for M patterns at H1TF. Caveat : Unfortunately as you know we cant do much about that and have to play the trade as its presented. Sensible stops is the only way not to get hurt which to me means buying and selling the top of the daily...


hi

very well. Short is the name of the game around 0.8475-85 zone.

we will see
Time & Price Forecast - Jenkins
  • #4,709
  • Jan 23, 2020 6:32am Jan 23, 2020 6:32am
Quoting PokerChip
USD/CAD daily chart update. Still strong and pushing north. {image}
USDCAD
I would like to see pullback to 1.31426 - 1.31283
than up to 1.31807 - 1.31888
EDIT
that (if happened) will erase lots of Stop-Losses look @ H1 chart; that will be cluster f**k
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Forex can only be understood backwards, but it must be traded forwards.
  • #4,710
  • Jan 23, 2020 6:38am Jan 23, 2020 6:38am
PokerChip , if you dont mind ,Im trying to stick to A200 indice and I would like to ask you if these boxes on daily chart are correct or close too . The whole system may not work with indices , but when one moves to LTF it does seem to do ok ,Just your thoughts on the daily/hrly setups if you would be so kind cheers SP
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  • #4,711
  • Jan 23, 2020 6:43am Jan 23, 2020 6:43am
Quoting billytt
Hi Poker, I just realised .I posted part of my method here, My apologies.i will remove if you want. Having said that, my break trade is the same if I traded a jail break. yaaaaaaay t 07-49
Billytt,
This is your thread.

You post what you want.

We need input from all traders.

This isn't all about the JBS.

This is about making a profit.

No apology needed buddy.

Poker Chip
Patience, let the trade come to you.
  • #4,712
  • Jan 23, 2020 6:54am Jan 23, 2020 6:54am
Quoting prozor7
NZDUSD NZD getting stronger find support @ 0.65806 let see how this will be played you can see targets {image} {image}
NZDUSD update
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Forex can only be understood backwards, but it must be traded forwards.
  • #4,713
  • Jan 23, 2020 6:55am Jan 23, 2020 6:55am
Quoting PokerChip
{quote} Billytt, This is your thread. You post what you want. We need input from all traders. This isn't all about the JBS. This is about making a profit. No apology needed buddy. Poker Chip
Thanks awfully ol chap <<< said in English accent lol. ok yaar

I would trade your jail break ,breakout exactly the same way as I trade my 00-00 or 08-00 bar. (it is a contained area).

your retrace and then looking for next jail area ,you guys plot direction and range. I do this using daily range.
We are very similar..
I look at charts and can see trading opportunities, tails, inside bars etc.
The only reason I did not see jail break is because it is over a long time range.
I am sort of in and out ...
Thanks for a good thread. Billy.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,714
  • Jan 23, 2020 6:57am Jan 23, 2020 6:57am
Hi PokerChip:

Thank you for introducing a new way to look at the charts. Very inspiring story you have on 1st page and I guess most of us are in a very similar situation. Could you be kind enough to focus on your Money Management during Recovery Journey via Jail Break System. How much risk would you take and where would you cut your losing positions. Making around 6K USD monthly for 5 years would have given all your wealth back, inspiring indeed.

thx
leacher
Time & Price Forecast - Jenkins
  • #4,715
  • Jan 23, 2020 7:07am Jan 23, 2020 7:07am
Quoting Pat Chiko
{quote} Hi Mr PokerChip. Thank you for letting me post in this thread. I missed your post earlier. This thread now in fast lane, couldn't catch up with reading while analyzing chart set up. I will keep up. P/S - Have taken your salad regularly ?.
Pat,
Your welcome,

This thread is your thread.

You post what you want.

It's all about the profit.

Poker Chip
Patience, let the trade come to you.
  • #4,716
  • Jan 23, 2020 7:25am Jan 23, 2020 7:25am
the US30 i posted 2 days ago finally setting off.



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  • #4,717
  • Jan 23, 2020 7:30am Jan 23, 2020 7:30am
Quoting Leacher
Hi PokerChip: Thank you for introducing a new way to look at the charts. Very inspiring story you have on 1st page and I guess most of us are in a very similar situation. Could you be kind enough to focus on your Money Management during Recovery Journey via Jail Break System. How much risk would you take and where would you cut your losing positions. Making around 6K USD monthly for 5 years would have given all your wealth back, inspiring indeed. thx leacher
Welcome to the thread Leacher,

The way I trade I won't give in to the market maker " MM ", I won't close my trade. I keep my margin level high, my margin level is a 5 digit margin level. If I get upside down in a trade like I did a month ago I relied on my margin level to hang with the " MM ". If you have a high margin level, and you trade within your means the " MM " can't touch you. He can't make you close your trade. This is how I keep my account.
Patience, let the trade come to you.
  • #4,718
  • Jan 23, 2020 7:38am Jan 23, 2020 7:38am
USDJPY 1HR continuing past 2nd level
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  • #4,719
  • Jan 23, 2020 7:40am Jan 23, 2020 7:40am
platform has frozen. bastards
  • #4,720
  • Jan 23, 2020 7:40am Jan 23, 2020 7:40am
GBP/USD daily chart.

On the 2nd chart here's where I see the 1st level on the down side.

I'm projecting a drop to 1.2404

370 x 3=1,110 pips
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Patience, let the trade come to you.
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