The Jail Break System | Page 279 | Forex Factory

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The Jail Break System

  • #5,561
  • Jan 31, 2020 2:19am Jan 31, 2020 2:19am
Quoting billytt
{quote} all good here Mr P, I was up ages ago had to go somewhere and on the way back, I raced a few cars on the deserted motorway ( I was on bike). brrrrrrrrrrrrrrrrm
L.O.L. (Mr B )
Attached Image
  • #5,562
  • Jan 31, 2020 2:20am Jan 31, 2020 2:20am
Quoting Pipradar
{quote} L.O.L. (Mr B ) {image}
YAAAAAAAAAAAAAAAY, love it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,563
  • Jan 31, 2020 2:28am Jan 31, 2020 2:28am
2 more down move before we end the down trend.

Refer to chart for more information
Attached Image (click to enlarge)
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  • #5,564
  • Jan 31, 2020 2:43am Jan 31, 2020 2:43am
morning to all
hope you are all OK
Forex can only be understood backwards, but it must be traded forwards.
  • #5,565
  • Jan 31, 2020 2:45am Jan 31, 2020 2:45am
Quoting prozor7
morning to all hope you are all OK
Hi P, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,566
  • Jan 31, 2020 3:04am Jan 31, 2020 3:04am
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
Alright... I'm out
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: NZDUSDM30.png Size: 64 KB
  • #5,567
  • Jan 31, 2020 3:12am Jan 31, 2020 3:12am
Morning Ladies & Gents! Yes we do have both in the group, so watch your banter guys.
Kruspe you're doing well with the JB system / BARF combi. Keep it up.
  • #5,568
  • Jan 31, 2020 3:28am Jan 31, 2020 3:28am
Quoting Kruspe
{quote} Alright... I'm out {image} {image}
great timing
Forex can only be understood backwards, but it must be traded forwards.
  • #5,569
  • Jan 31, 2020 3:28am Jan 31, 2020 3:28am
Quoting pamc
{quote} Just about right P! Buyers SL's all cleaned out. juicy ones above {image}
AUDUSD
We are below 0.67
  • #5,570
  • Jan 31, 2020 3:44am Jan 31, 2020 3:44am
Quoting pamc
Morning Ladies & Gents! Yes we do have both in the group, so watch your banter guys. Kruspe you're doing well with the JB system / BARF combi. Keep it up.
Morning P, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,571
  • Jan 31, 2020 4:02am Jan 31, 2020 4:02am
Morning All

I keep getting drawn to this thread as it makes a lot of sense, but never can really get my head around where to enter and exit.

It looks to me like the EurUsd h4 is in the first level so would I enter long here or wait until it leaves the upper part of the box?

Or have I got it completely wrong

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 91 KB
  • #5,572
  • Jan 31, 2020 4:19am Jan 31, 2020 4:19am
Quoting Kruspe
{quote} AUDUSD We are below 0.67
AUDUSD
in my calculations expected targets are @ 0.66772 - 0.66541
day range end with 0.66828
Forex can only be understood backwards, but it must be traded forwards.
  • #5,573
  • Jan 31, 2020 4:19am Jan 31, 2020 4:19am
Quoting ukmartin
Morning All I keep getting drawn to this thread as it makes a lot of sense, but never can really get my head around where to enter and exit. It looks to me like the EurUsd h4 is in the first level so would I enter long here or wait until it leaves the upper part of the box? Or have I got it completely wrong {image}
This excellent thread is like the Hotel California, you can check out when ever you want, But you can never leave.

I cannot help with your question.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,574
  • Jan 31, 2020 4:21am Jan 31, 2020 4:21am
Quoting prozor7
{quote} AUDUSD in my calculations expected targets are @ 0.66772 - 0.66541 day range end with 0.66828
I would say that is about right, I just totted adr up in my head.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,575
  • Jan 31, 2020 4:34am Jan 31, 2020 4:34am
Quoting billytt
{quote} This excellent thread is like the Hotel California, you can check out when ever you want, But you can never leave. I cannot help with your question.
You nailed it
  • #5,576
  • Jan 31, 2020 4:34am Jan 31, 2020 4:34am
Quoting ukmartin
Morning All I keep getting drawn to this thread as it makes a lot of sense, but never can really get my head around where to enter and exit. It looks to me like the EurUsd h4 is in the first level so would I enter long here or wait until it leaves the upper part of the box? Or have I got it completely wrong {image}
OK lets start afresh! You have the R reversal at top, then level 1, 2, 3. There is expected another move down to bottom R prior to 1st level up. Look at the daily also to confirm. We are at level 3 now. As for entry, following confirmation where/ what level we are at, and PA gives R, thats a good entry point. If u wait for further confirmation at level 1, trade off the lower 15mins/1hr, pullback at value.Look for bottom wick, stop hunts below. You can of course wait for break out of the level box, but leaving pips on table. depends on you there. Its important to recognise where you are in the socalled tren off the daily. Does it have more room to go, i.e. daily 3 level and then some for R. Look left on daily for clues.

edit: correction we have had R and is building 1st level up. nows as goo a time as any
  • #5,577
  • Jan 31, 2020 4:37am Jan 31, 2020 4:37am
Quoting ukmartin
Morning All I keep getting drawn to this thread as it makes a lot of sense, but never can really get my head around where to enter and exit. It looks to me like the EurUsd h4 is in the first level so would I enter long here or wait until it leaves the upper part of the box? Or have I got it completely wrong {image}
keep it simple
if you believe that price is going up than enter @ bottom of the box
if you believe that price is going down than enter @ top of the box

you have to defend yours believes with money - than you have to ask yourself hardest question: HOW MUCH I'M WILLING TO LOSE?

pro7
Forex can only be understood backwards, but it must be traded forwards.
  • #5,578
  • Jan 31, 2020 4:43am Jan 31, 2020 4:43am
Thanks to you both pro7 and pamc.

Entering at the opposite side of the box makes perfect sense.

I always thought there were only 3 levels between reversals and not 4, I'll have to re-draw by boxes
  • #5,579
  • Jan 31, 2020 4:51am Jan 31, 2020 4:51am
Quoting ukmartin
...Entering at the opposite side of the box makes perfect sense. ...
always remind yourself how much I'm willing to lose and "Analysis Paralysis" will go away!!!!

edit:
find yours worst day of trading and tell yourself "Look if I can survive that than I can survive anything"
Forex can only be understood backwards, but it must be traded forwards.
  • #5,580
  • Jan 31, 2020 4:51am Jan 31, 2020 4:51am
Morning all

caution! Last W1 and M1 Day - BREXIT

would trade small, if given any opportunity

some overstretched pairs like EA, AU, and others in small ranges - Patience

I have realized that proper D1R is very important for Direction

we will see
Time & Price Forecast - Jenkins
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