The Jail Break System | Page 243 | Forex Factory

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The Jail Break System

  • #4,841
  • Jan 24, 2020 5:01am Jan 24, 2020 5:01am
Anyone still holding short NZDUSD? I have added short again after the retracement at 0.66300.

Pullback sell pullback sell pullback and drop..... lol
10% buy 10% sell 80% waiting
  • #4,842
  • Jan 24, 2020 5:06am Jan 24, 2020 5:06am
Quoting PokerChip
USD/CAD 4 hour update. I just made a buy entry at 1.3140 I'll close the trade at the top of the blue box. {image}
thats a nice 100 pip 2-3 level hop mate
  • #4,843
  • Jan 24, 2020 5:09am Jan 24, 2020 5:09am
GBPUSD
for month of January support / resistance line is (was) 1.29265
compared with December it was 1.29627
in November was 1.30121
Attached Images
Forex can only be understood backwards, but it must be traded forwards.
  • #4,844
  • Jan 24, 2020 5:28am Jan 24, 2020 5:28am
EURCAD
good news are expected for CAD possible 1.44455 - 1.44270 will be nice cycle closing where I will take some long
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #4,845
  • Jan 24, 2020 5:32am Jan 24, 2020 5:32am
Quoting pamc
{quote} thats a nice 100 pip 2-3 level hop mate
Hopefully it will get there by next week.
Patience, let the trade come to you.
  • #4,846
  • Jan 24, 2020 5:35am Jan 24, 2020 5:35am
Quoting Celal
Hi pamc, İf the direction is up, after breaking up side of the box the pair retraces (above the box), can we enter buy order(with H1 or H4 chart) ? ıs it risky? {image}

Celal , yes you can but always preferable to buy at value on the retrace. However, my advice is stick to ONE position/trade per level or even better per trend, i.e. after reversal at best value until you are totally comfortable with the whole concept. MM for most is absolute.Even better, demo this at 0.01 per 1000 till you tripple account. Its an education of sorts. Practice till its second nature. Good luck
  • #4,847
  • Jan 24, 2020 5:36am Jan 24, 2020 5:36am
Quoting TraderR0N
Anyone still holding short NZDUSD? I have added short again after the retracement at 0.66300. Pullback sell pullback sell pullback and drop..... lol
I'm still there with you R0N
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_NZD_USD_4 Hours_snapshot.png Size: 34 KB
  • #4,848
  • Jan 24, 2020 5:48am Jan 24, 2020 5:48am
Quoting PokerChip
GBP/USD daily chart update. The " MM " used the news to run a stop hunt. Here's where I think the 2nd level will rest at. {image}
I like that!
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Daily_snapshot.png Size: 39 KB
  • #4,849
  • Jan 24, 2020 5:51am Jan 24, 2020 5:51am
Quoting Kruspe
{quote} I'm still there with you R0N {image}
10% buy 10% sell 80% waiting
  • #4,850
  • Jan 24, 2020 5:53am Jan 24, 2020 5:53am
Quoting Kruspe
{quote} I like that! {image}
Just pure luck, ha ha.

I sold to early again, story of my life.
Patience, let the trade come to you.
  • #4,851
  • Jan 24, 2020 6:11am Jan 24, 2020 6:11am
Quoting Kruspe
{quote} I like that! {image}

Excellent Barf reversal mate. And if you extend that inner TL up, the second leg just touches it before dropping
  • #4,852
  • Jan 24, 2020 6:12am Jan 24, 2020 6:12am
Hi pamc,
Thank you..
  • #4,853
  • Edited 7:01am Jan 24, 2020 6:12am | Edited 7:01am
GBP/USD update.

Now there's a closed green 4 hour candle (fuel).

I look for this pair to start moving lower soon.

Red arrow points to the green candle fuel it needs, all those trapped buy traders.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-gbp-usd-4-hour-chart.png Size: 44 KB
Patience, let the trade come to you.
  • #4,854
  • Jan 24, 2020 6:17am Jan 24, 2020 6:17am
USD/CAD 4 hour chart update.

Here again you have a red candle, which is the fuel the " MM " needs.

The " MM " now has sell traders trapped in that red candle that the red arrow points too.

The " MM " will now push the pair up.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-h4-tw-corp-usd-cad-4-hour-chart.png Size: 44 KB
Patience, let the trade come to you.
  • #4,855
  • Jan 24, 2020 6:29am Jan 24, 2020 6:29am
Quoting PokerChip
USD/CAD 4 hour chart update. Here again you have a red candle, which is the fuel the " MM " needs. The " MM " now has sell traders trapped in that red candle that the red arrow points too. The " MM " will now push the pair up. {image}
trader ron, whats your take on this pls?
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #4,856
  • Jan 24, 2020 6:38am Jan 24, 2020 6:38am
Quoting Pat Chiko
AUD NZD Waiting for reversal set up {image} {image}
Thanks for heads-up Pat.

Up/Down in 1000pips range since 2014. I added this pair to my watchlist
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_AUD_NZD_Weekly_snapshot.png Size: 22 KB
  • #4,857
  • Jan 24, 2020 7:04am Jan 24, 2020 7:04am
Quoting pamc
{quote} Excellent Barf reversal mate. And if you extend that inner TL up, the second leg just touches it before dropping

It's always great to meet BARF enthusiast
  • #4,858
  • Jan 24, 2020 7:07am Jan 24, 2020 7:07am
Quoting PokerChip
USD/CAD 4 hour update. I just made a buy entry at 1.3140 I'll close the trade at the top of the blue box. {image}
hi poker, flash manufacturing just came out lower than expected, hence the spike down nearly 15 pips. do you think this will change ur usdcad bias to the upside?
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #4,859
  • Jan 24, 2020 7:27am Jan 24, 2020 7:27am
Quoting forex baraka
{quote} hi poker, flash manufacturing just came out lower than expected, hence the spike down nearly 15 pips. do you think this will change ur usdcad bias to the upside?
No, the market maker is going to push the pair up.

Were almost to the 2nd level.

The market maker will push through the blue box and then probably drop back and recruit more sellers.

USD/CAD is going up.

All the market maker cares about are his trapped traders, its about the $$$$$$$. Nothing else.
Patience, let the trade come to you.
  • #4,860
  • Jan 24, 2020 7:28am Jan 24, 2020 7:28am
GBP/USD dropping nicely.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-gbp-usd-4-hour-chart-2.png Size: 44 KB
Patience, let the trade come to you.
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