The Jail Break System | Page 238 | Forex Factory

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The Jail Break System

  • #4,741
  • Jan 23, 2020 9:32am Jan 23, 2020 9:32am
Quoting Leacher
{quote} you mentioned that you relied on your margin level which was big enough, was that a good choice to carry -ve trades for days or weeks? Y not cut them early and trade other opportunities? very well. Big margin requires big deposit. Realistically speaking, 25k account with max of 3 Full lots with mental equity stop of 3-5k should start a journey such as yourself? Or you would recommend, a 50k or 100k account with same lots? thank you for starting this thread.
I risk 1 or 2 lots when I trade.

If I place a entry, I'm usually to early and then the pair goes against me.

Then I wait until the trade returns to my entry.

I look for reversals when I look for my 1st entry.

I won't close a trade because I know the trade will turn into my favor sooner or later.
Patience, let the trade come to you.
  • #4,742
  • Jan 23, 2020 9:34am Jan 23, 2020 9:34am
Quoting TraderR0N
Becareful if you guys are still shorting all YEN pairs like USDJPY, CADJPY and AUDJPY.
yes thanks. Already 2 x TP's hit total 97.5 pips 109.400. just monitoring GU sell and i see my US30 sell is retracing back up to 2nd level.holding this
  • #4,743
  • Jan 23, 2020 9:42am Jan 23, 2020 9:42am
Quoting pamc
{quote} yes thanks. Already 2 x TP's hit total 97.5 pips 109.400. just monitoring GU sell and i see my US30 sell is retracing back up to 2nd level.holding this
That was beautiful call mate.. I had a sell trade for GBPUSD at 1.31350.. waiting for target to be hit at 1.30900 area.

As for US30, I reckon it will dip down further..
10% buy 10% sell 80% waiting
  • #4,744
  • Jan 23, 2020 9:44am Jan 23, 2020 9:44am
cable looked good for a down when the inside bar got busted for 30 points.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,745
  • Jan 23, 2020 9:45am Jan 23, 2020 9:45am
Quoting billytt
cable looked good for a down when the inside bar got busted for 30 points.
Hello mate... hope you have recover well for your knee injury.
10% buy 10% sell 80% waiting
  • #4,746
  • Jan 23, 2020 9:52am Jan 23, 2020 9:52am
For those who are still holding short NZDUSD.. please be patience and hold it longer because I can see this pair going down to price 0.65000. I’m still heavily shorting this pair. Or if it does retrace back to 0.66100 can still short from there.

Stay green.
Good luck.
10% buy 10% sell 80% waiting
  • #4,747
  • Jan 23, 2020 9:58am Jan 23, 2020 9:58am
Quoting TraderR0N
{quote} Hello mate... hope you have recover well for your knee injury.
no, knee feels ok sometimes, then the pain comes, nasty but hey ho.
Thanks for asking.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,748
  • Jan 23, 2020 10:00am Jan 23, 2020 10:00am
Quoting billytt
{quote} no, knee feels ok sometimes, then the pain comes, nasty but hey ho. Thanks for asking.
Ha ha I know how it feels because I do play aggressively on badminton and had knee injuries before and it’s hard to recover fully..
10% buy 10% sell 80% waiting
  • #4,749
  • Jan 23, 2020 10:04am Jan 23, 2020 10:04am
I’m still holding short for Silver ( XAGUSD ) at 17.80 and I reckon this pair will dip to 17.00 area but my target is at 17.40. Not to be greed profits still profits.
10% buy 10% sell 80% waiting
  • #4,750
  • Jan 23, 2020 10:05am Jan 23, 2020 10:05am
See you guys around.
10% buy 10% sell 80% waiting
  • #4,751
  • Jan 23, 2020 10:10am Jan 23, 2020 10:10am
Quoting TraderR0N
See you guys around.
CYA mate and keep healthy. A lot of bugs in the vicinity
  • #4,752
  • Jan 23, 2020 10:14am Jan 23, 2020 10:14am
Quoting TraderR0N
{quote} Ha ha I know how it feels because I do play aggressively on badminton and had knee injuries before and it’s hard to recover fully..
Lol aggressive badminton, I never heard that before.

That's funny.

Good night Badminton Trader Ron
Patience, let the trade come to you.
  • #4,753
  • Jan 23, 2020 10:15am Jan 23, 2020 10:15am
USD/JPY daily chart

This pair is still moving up.

Sorry I have to squeeze it down to fit it in.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-d1-tw-corp-usd-jpy-daily-chart-3.png Size: 37 KB
Patience, let the trade come to you.
  • #4,754
  • Jan 23, 2020 10:19am Jan 23, 2020 10:19am
Quoting PokerChip
{quote} Lol aggressive badminton, I never heard that before. That's funny. Good night Badminton Trader Ron
lol, a man with a racket is a danger....

quick story.
my son , ex commander of a Challenger Mk2 tank, boxed and played rugby for the Army.
he once played cricket, he was sent off lol. I asked why?
He replied that a man threw the hard ball at him so he punched him. lol, I think they were trying to run him out. weird game.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,755
  • Jan 23, 2020 10:27am Jan 23, 2020 10:27am
Quoting billytt
{quote} lol, a man with a racket is a danger.... quick story. my son , ex commander of a Challenger Mk2 tank, boxed and played rugby for the Army. he once played cricket, he was sent off lol. I asked why? He replied that a man threw the hard ball at him so he punched him. lol, I think they were trying to run him out. weird game.
Lol, cricket is a dangerous sport.

He had to the right to throw a punch.

The other guy just happen to be standing in front of him.

Accident.
Patience, let the trade come to you.
  • #4,756
  • Jan 23, 2020 10:34am Jan 23, 2020 10:34am
EUR/GBP daily chart update.

I think this pair has dropped as far as its going to drop.

I look for this pair to start moving north slow and steady.

Which is the correct direction.

The " MM " probably ran out of sellers.

So he has no choice but to move it up now.

Trade safe on this nutty pair.
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.
  • #4,757
  • Jan 23, 2020 10:52am Jan 23, 2020 10:52am
Quoting PokerChip
EUR/GBP daily chart update. I think this pair has dropped as far as its going to drop. I look for this pair to start moving north slow and steady. Which is the correct direction. The " MM " probably ran out of sellers. So he has no choice but to move it up now. Trade safe on this nutty pair. {image}
just saying, if I were trading eur/gbp. I already would of been in following the break of the inside bars on the 4 hr.
which would make me think it might drop down to next level which is about 30 points away at the 00.
just saying, I rarely ever say anything. plus I did nt know this pair existed lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,758
  • Jan 23, 2020 10:52am Jan 23, 2020 10:52am
AUDCAD
I was expecting drop but not this big what was the reason any ideas?
Forex can only be understood backwards, but it must be traded forwards.
  • #4,759
  • Jan 23, 2020 11:02am Jan 23, 2020 11:02am
Quoting billytt
{quote} just saying, if I were trading eur/gbp. I already would of been in following the break of the inside bars on the 4 hr. which would make me think it might drop down to next level which is about 30 points away at the 00. just saying, I rarely ever say anything. plus I did nt know this pair existed lol.
This pair is a nightmare from hell to trade.

After I get out the this trade that I'm upside down at the present time I'm done with it.
Patience, let the trade come to you.
  • #4,760
  • Jan 23, 2020 11:03am Jan 23, 2020 11:03am
Quoting prozor7
AUDCAD I was expecting drop but not this big what was the reason any ideas?
Pro,
Let me take a look at it and I'll post a chart.

Poker Chip
Patience, let the trade come to you.
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