The Jail Break System | Page 288 | Forex Factory

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The Jail Break System

  • #5,741
  • Feb 3, 2020 6:07am Feb 3, 2020 6:07am
NZD/CAD starting to drop.
Patience, let the trade come to you.
  • #5,742
  • Feb 3, 2020 6:11am Feb 3, 2020 6:11am
GBP/USD 4 hour chart update.
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.
  • #5,743
  • Feb 3, 2020 6:14am Feb 3, 2020 6:14am
Quoting billytt
{quote} I tend to agree with that, having said that, I am more tuned in with the 5 day. Something else I do. i take an average of the daily average. oi will explain. last 5 adr for dax is 119 -151 -160 -152 -174 exscluding today. if you now add the 5x adr and divide by 5 you get. 119+151+160+152+174 = 756 divide by 5 = 151 ….151 is a more conservative range and useful.
like your logic beautiful in simplicity
Forex can only be understood backwards, but it must be traded forwards.
  • #5,744
  • Feb 3, 2020 6:17am Feb 3, 2020 6:17am
AUDJPY
JPY getting stronger AUD having problems penetrating 72.680 I would like to see 72.324 - 72.202
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,745
  • Feb 3, 2020 6:23am Feb 3, 2020 6:23am
Quoting prozor7
{quote} like your logic beautiful in simplicity
I can't get over how simple it is, I really like it.
Patience, let the trade come to you.
  • #5,746
  • Feb 3, 2020 7:04am Feb 3, 2020 7:04am
Quoting PokerChip
{quote} Well that's good. Have you ever tried Collagen ? I take it everyday. I take about 1,000 mg per day. It helps me a lot.
no, I do self hypnosis and anti imflamatories.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,747
  • Feb 3, 2020 7:06am Feb 3, 2020 7:06am
Quoting billytt
{quote} thank you P, hope all is well and you have had a good weekend., so we have 75% but it might retrace to break low. Ideally we want one end to break and retrace and leave us with a big percentage to play with????
oops, I just realised, usd/chf low did break earlier, that is where I had my fail..
I have now sorted that fail out plus a couple of extra points banked.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,748
  • Feb 3, 2020 7:11am Feb 3, 2020 7:11am
Quoting billytt
{quote} no, I do self hypnosis and anti imflamatories.
The collagen has to be type 2 for it to help relieve the pain.
Patience, let the trade come to you.
  • #5,749
  • Feb 3, 2020 7:12am Feb 3, 2020 7:12am
Quoting billytt
{quote} oops, I just realised, usd/chf low did break earlier, that is where I had my fail.. I have now sorted that fail out plus a couple of extra points banked.
I look for GBP/USD to pull back some then proceed lower.
Patience, let the trade come to you.
  • #5,750
  • Feb 3, 2020 7:12am Feb 3, 2020 7:12am
Quoting prozor7
{quote} EURUSD update I would like to see that 1.10514 - 1.10463 as long entry {image}
EURUSD update
TP reach
one more push down to 1.10344 - 1.10269 should be great
Forex can only be understood backwards, but it must be traded forwards.
  • #5,751
  • Feb 3, 2020 7:17am Feb 3, 2020 7:17am
GBP/USD 4 hour chart update.

Here's the pull back zone where I think where the pair will turn around and re-trace.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-gbp-usd-4-hour-chart.png Size: 45 KB
Patience, let the trade come to you.
  • #5,752
  • Feb 3, 2020 8:03am Feb 3, 2020 8:03am
CAD beautiful fake up move
EURUSD don't be surprised for another down move to 1.103**
NZDUSD triple down support
Forex can only be understood backwards, but it must be traded forwards.
  • #5,753
  • Feb 3, 2020 8:29am Feb 3, 2020 8:29am
Quoting prozor7
AUDJPY JPY getting stronger AUD having problems penetrating 72.680 I would like to see 72.324 - 72.202 {image}
AUDJPY update
pay attention to H1 72.653 - 72.575 for above scenario
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,754
  • Feb 3, 2020 8:34am Feb 3, 2020 8:34am
NZDCAD
pay attention to H4 0.85805 if hold than up to 0.86032 - 0.86140
Attached Images
Forex can only be understood backwards, but it must be traded forwards.
  • #5,755
  • Feb 3, 2020 8:45am Feb 3, 2020 8:45am
GBP/USD 4 hour chart update.
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.
  • #5,756
  • Feb 3, 2020 9:33am Feb 3, 2020 9:33am
Hello PC...
How you doing and thanks for the updates on the charts ...@billytt Im trying to understand your strategy but i dont seem to get it ...do you make stationary the yard-stick(High-low) and play around that field ?...Could you explain further please?...Thanks ...
  • #5,757
  • Feb 3, 2020 9:35am Feb 3, 2020 9:35am
Quoting richy247
Hello PC... How you doing and thanks for the updates on the charts ...@billytt Im trying to understand your strategy but i dont seem to get it ...do you make stationary the yard-stick(High-low) and play around that field ?...Could you explain further please?...Thanks ...
You're welcome Richy247.
Patience, let the trade come to you.
  • #5,758
  • Feb 3, 2020 9:47am Feb 3, 2020 9:47am
Quoting PokerChip
{quote} Some traders take awhile to catch on. You caught on right away. You'll do very well in this business. Good morning.
Thank you PC. I'm just putting pieces together
  • #5,759
  • Feb 3, 2020 9:57am Feb 3, 2020 9:57am
Quoting Kruspe
{quote} Thank you PC. I'm just putting pieces together
Once you see it, you never stop seeing it.

The eye's train themselves to look for it.

Then you wonder why I didn't see it before, ha ha.
Patience, let the trade come to you.
  • #5,760
  • Feb 3, 2020 10:26am Feb 3, 2020 10:26am
This is especially for Princiano who got himself in a mess with EUR AUD, and is from Fractal Freak. One of the greats in my opinion.

AU will take the 0.66826, undershoot it and then do a big move up...

EU will go back up......

So EA will first go up from here but then turn down as soon as AU moves up.....

However, since EU could have more momentum then AU, EA could re-test the high and clean the DM shorties stop clouds there...

So dangerous...
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