The Jail Break System | Page 291 | Forex Factory

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The Jail Break System

  • #5,801
  • Feb 4, 2020 5:55am Feb 4, 2020 5:55am
EUR NZD

JAIL BREAK SYSTEM


Jail #2

Retrace

Major impact news tomorrow

Looking for long set up to Jail #3

Any comment welcome
Attached Image (click to enlarge)
Click to Enlarge Name: en 100.jpg Size: 210 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,802
  • Feb 4, 2020 6:03am Feb 4, 2020 6:03am
Quoting Pat Chiko
EUR NZD JAIL BREAK SYSTEM Jail #2 Retrace Major impact news tomorrow Looking for long set up to Jail #3 Any comment welcome {image}
EURNZD on D1
bad news we should go up to 1.72499 - 1.73141
good news we should go down to 1.68337 - 1.67695

until news I expect price to bounce between 1.71345 - 1.70418 (Quarter 100% & Month 100%)

Edit:
GDT news in 3H could move price to 1.70418
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,803
  • Feb 4, 2020 6:19am Feb 4, 2020 6:19am
Quoting Pat Chiko
EUR NZD JAIL BREAK SYSTEM Jail #2 Retrace Major impact news tomorrow Looking for long set up to Jail #3 Any comment welcome {image}

Nicely Labelled Chart.
D1R+J1 intact
Buying should work well
Time & Price Forecast - Jenkins
  • #5,804
  • Feb 4, 2020 7:02am Feb 4, 2020 7:02am
Quoting prozor7
{quote} EURUSD update TP reach one more push down to 1.10344 - 1.10269 should be great
EURUSD behave like "lazy git" c'mon, only 21 pips
watching paint drying is more fun that trading with this symbol
ahh those days when we have 100 pips a day

down to 1.10269 pretty please with a cherry on the top
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,805
  • Feb 4, 2020 7:16am Feb 4, 2020 7:16am
USD/CAD 4 hour chart update.

The red arrow is pointing at a fake out green candle.

This is a trap candle, the only direction this pair is going is down.

Don't buy.

Trade safe.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-h4-tw-corp-u-c-2.png Size: 34 KB
Patience, let the trade come to you.
  • #5,806
  • Feb 4, 2020 7:24am Feb 4, 2020 7:24am
Quoting Kellytrade
{quote} Hi Pokerchip, A newbie question. Attached is EurAud Daily chart, which to me seems like it is in a range (between the 2 pink lines)? In the above post you used a 4 hour chart to find the 3 levels. Just a little confused, as I know you have switched to Daily chart to find the 3 levels and 4H or 1H for entries. {image}
They way I have been charting is this.

I try using the daily chart, if it doesn't fit I use the 4 hour chart.

Like this pair.

So try the daily and levels don't fit just use the 4 hour chart.

Good question though, good morning.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudi-h4-tw-corp-e-a.png Size: 32 KB
Patience, let the trade come to you.
  • #5,807
  • Feb 4, 2020 7:27am Feb 4, 2020 7:27am
Quoting richy247
{quote} Thanks Maestro learnt it from you... Is it possible to have weekly updates of the jailbreak chart.. I think this way we all know the directions of each pair. I was reading someone 80% DD on EA .Only people following Pivot would be on DD with EA(Pivot doesn’t respond to chaotic market like China virus and Aussie’s Main customer is China). I hope his out of the trade with Interest rate I pray for his money....
Let me know what pairs that you like to trade and I'll post them on the weekend.

Sound good ?

Good morning.
Patience, let the trade come to you.
  • #5,808
  • Feb 4, 2020 7:33am Feb 4, 2020 7:33am
Quoting Celal
Hi Poker Chip, I hope you are fine. If trend is up. At H4 chart if you want to buy from below the box which one do you prefer; write pending order or see the turn in H1 time frame or what else?
When the trend is up try to buy below the box.

You can double or sometimes triple your pips this way.

Always make your entry on the 4 hour or 1 hour chart.

Good morning.
Patience, let the trade come to you.
  • #5,809
  • Feb 4, 2020 7:36am Feb 4, 2020 7:36am
Good morning everyone.
Patience, let the trade come to you.
  • #5,810
  • Feb 4, 2020 7:39am Feb 4, 2020 7:39am
GBP/USD 4 hour chart fake candle update.

The red arrow is pointing at a green candle.

This is the trap candle, don't buy.

The pair is moving lower.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-g-u.png Size: 44 KB
Patience, let the trade come to you.
  • #5,811
  • Feb 4, 2020 7:45am Feb 4, 2020 7:45am
Quoting PokerChip
Good morning everyone.
Hi PC, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,812
  • Feb 4, 2020 7:46am Feb 4, 2020 7:46am
Quoting PokerChip
{quote} They way I have been charting is this. I try using the daily chart, if it doesn't fit I use the 4 hour chart. Like this pair. So try the daily and levels don't fit just use the 4 hour chart. Good question though, good morning. {image}
Good morning PC,

Thanks for your reply. I am clear now.
  • #5,813
  • Feb 4, 2020 7:49am Feb 4, 2020 7:49am
Quoting PokerChip
Good morning everyone.
good morning /day PC
Forex can only be understood backwards, but it must be traded forwards.
  • #5,814
  • Feb 4, 2020 7:52am Feb 4, 2020 7:52am
USDJPY
symbol enter buy mode
watching 109.215 - 109.261 possible up to 109.877
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,815
  • Feb 4, 2020 7:57am Feb 4, 2020 7:57am
GBPCHF
possible up to 1.26563 - 1.26764 as potential short
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,816
  • Feb 4, 2020 8:02am Feb 4, 2020 8:02am
Quoting billytt
{quote} Hi PC, hope you are well.
Doing good here on this cold Midwest rainy morning.

Hope you are doing well.
Patience, let the trade come to you.
  • #5,817
  • Feb 4, 2020 8:04am Feb 4, 2020 8:04am
Quoting Kellytrade
{quote} Good morning PC, Thanks for your reply. I am clear now.
Good morning too you.

Let me know if you need anything else.
Patience, let the trade come to you.
  • #5,818
  • Feb 4, 2020 8:06am Feb 4, 2020 8:06am
Quoting prozor7
{quote} good morning /day PC
Good morning Pro7.

You are a chart posting machine, ha.

Thank you for posting those charts because we all I can learn from them.

Trade safe.
Patience, let the trade come to you.
  • #5,819
  • Feb 4, 2020 8:10am Feb 4, 2020 8:10am
USD/CAD 4 hour update.

Another green fake out candle.

Don't be fooled the market maker is recruiting buyers.

The pair is moving lower.

Trade safe.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-h4-tw-corp-u-c.png Size: 35 KB
Patience, let the trade come to you.
  • #5,820
  • Feb 4, 2020 8:18am Feb 4, 2020 8:18am
GBPUSD
I would like to see 1.30577 - 1.30744 & 1.31172 -1.31320 than down to 1.28879
support @ 1.30208 - 1.29910
Attached Images
Forex can only be understood backwards, but it must be traded forwards.
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