The Jail Break System | Page 292 | Forex Factory

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The Jail Break System

  • #5,821
  • Feb 4, 2020 8:21am Feb 4, 2020 8:21am
Quoting PokerChip
{quote} ... You are a chart posting machine, ha. ....
thx
credit goes to "Snagit" software - highly recommend
Forex can only be understood backwards, but it must be traded forwards.
  • #5,822
  • Feb 4, 2020 8:27am Feb 4, 2020 8:27am
Quoting PokerChip
{quote} Let me know what pairs that you like to trade and I'll post them on the weekend. Sound good ? Good morning.
Im cool boss ...Not for me ...Im great with charting...And also to Add...You can change the candle to lines and you will see the clusters in D1 or 4H...number of pips most def determine if 4H or D..the more pip the higher TF...lease pip means 4H...
  • #5,823
  • Feb 4, 2020 8:30am Feb 4, 2020 8:30am
Quoting prozor7
{quote} thx credit goes to "Snagit" software - highly recommend
Snag it, I like it.
Patience, let the trade come to you.
  • #5,824
  • Feb 4, 2020 8:30am Feb 4, 2020 8:30am
AUD is "little" overstreched
careful with positions
Attached Image (click to enlarge)
Click to Enlarge Name: aud.png Size: 262 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #5,825
  • Feb 4, 2020 8:31am Feb 4, 2020 8:31am
Quoting richy247
{quote} Im cool boss ...Not for me ...Im great with charting...And also to Add...You can change the candle to lines and you will see the clusters in D1 or 4H...number of pips most def determine if 4H or D..the more pip the higher TF...lease pip means 4H...
Yep, I really think the line chart helps you see the levels like no other chart.

I look for the market maker to try to ban the line chart.

It gives the retail trader a unfair advantage, ha.
Patience, let the trade come to you.
  • #5,826
  • Feb 4, 2020 8:39am Feb 4, 2020 8:39am
Quoting prozor7
{quote} EURUSD behave like "lazy git" c'mon, only 21 pips watching paint drying is more fun .... {image}
EURUSD update
22 pips
Forex can only be understood backwards, but it must be traded forwards.
  • #5,827
  • Feb 4, 2020 8:52am Feb 4, 2020 8:52am
hello, you are right about AUD being overstretched but what I dont know is if GBPAUD would end up forming a low at the end of today unlike what I am seeing in other GBP pairs.please kindly reply back. Thank you.
  • #5,828
  • Feb 4, 2020 8:59am Feb 4, 2020 8:59am
Quoting PokerChip
{quote} Yep, I really think the line chart helps you see the levels like no other chart. I look for the market maker to try to ban the line chart. It gives the retail trader a unfair advantage, ha.
Unfair advantage you open our eyes too ...
  • #5,829
  • Feb 4, 2020 9:02am Feb 4, 2020 9:02am
Quoting prozor7
{quote} EURUSD update 22 pips
Nice trade.

Keep going.
Patience, let the trade come to you.
  • #5,830
  • Feb 4, 2020 9:08am Feb 4, 2020 9:08am
Quoting richy247
{quote} Unfair advantage you open our eyes too ...
The volume indicator is a 100% lie.

I have 4 separate accounts, and the volume on a pair is different in every account.

Just a page out of the market maker's play book.
Patience, let the trade come to you.
  • #5,831
  • Feb 4, 2020 9:11am Feb 4, 2020 9:11am
Quoting PokerChip
{quote} The volume indicator is a 100% lie. I have 4 separate accounts, and the volume on a pair is different in every account. Just a page out of the market maker's play book.
they are to make trading looking harder and misleading.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,832
  • Feb 4, 2020 9:12am Feb 4, 2020 9:12am
Hi Poker Chip,
Thank you.
  • #5,833
  • Feb 4, 2020 9:26am Feb 4, 2020 9:26am
Quoting billytt
{quote} they are to make trading looking harder and misleading.
Yep, I don't see any regulation in forex trading.

They wouldn't put up with this crap at the NYSE, or NASDAQ.

They would all go to jail.

But for some reason its okay to lie about volume.
Patience, let the trade come to you.
  • #5,834
  • Feb 4, 2020 9:26am Feb 4, 2020 9:26am
Quoting Celal
Hi Poker Chip, Thank you.
You're welcome.
Patience, let the trade come to you.
  • #5,835
  • Feb 4, 2020 9:45am Feb 4, 2020 9:45am
Quoting PokerChip
{quote} The volume indicator is a 100% lie. I have 4 separate accounts, and the volume on a pair is different in every account. Just a page out of the market maker's play book.
I think Volume is relatively different to Broker but the cumulative is very much Important if theres to much positive Pressure on a currency its Bad on the currency they have to ease so others can afford to Buy so they Sell off ...PC...With your strategy you dont need Volume...
  • #5,836
  • Feb 4, 2020 10:01am Feb 4, 2020 10:01am
EUR JPY


JAIL BREAK SYSTEM

H4 Jail break are not as powerful in comparison to Daily TF Jailbreak.

Sometimes, its difficult to spot Jail zone in Daily,. Switching to H4 is an option.

The bottom zone is where all stop loss being cleared for market liquidity.
Attached Image (click to enlarge)
Click to Enlarge Name: ej 101.jpg Size: 275 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,837
  • Feb 4, 2020 10:04am Feb 4, 2020 10:04am
Quoting prozor7
{quote} 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 {image}
EURNZD
exit short waiting for news
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,838
  • Feb 4, 2020 10:04am Feb 4, 2020 10:04am
Quoting richy247
{quote} I think Volume is relatively different to Broker but the cumulative is very much Important if theres to much positive Pressure on a currency its Bad on the currency they have to ease so others can afford to Buy so they Sell off ...PC...With your strategy you dont need Volume...
All I know is the retail trader odds are stacked against them in this Trillion dollar market.

And USD/CAD is on the move down.
Patience, let the trade come to you.
  • #5,839
  • Feb 4, 2020 10:05am Feb 4, 2020 10:05am
Quoting richy247
{quote} I think Volume is relatively different to Broker but the cumulative is very much Important if theres to much positive Pressure on a currency its Bad on the currency they have to ease so others can afford to Buy so they Sell off ...PC...With your strategy you dont need Volume...
if volume was reliable, trading would be easier than it is.,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,840
  • Feb 4, 2020 10:06am Feb 4, 2020 10:06am
Quoting Pat Chiko
EUR JPY JAIL BREAK SYSTEM H4 Jail break are not as powerful in comparison to Daily TF Jailbreak. Sometimes, its difficult to spot Jail zone in Daily,. Switching to H4 is an option. The bottom zone is where all stop loss being cleared for market liquidity. {image}
with you TP 121.990

Edit:
Quoting prozor7
EURJPY if price could stay above 120.433 - 120.330 I would like to see 121.990 - 122.546 {image}
SL 120.330
Forex can only be understood backwards, but it must be traded forwards.
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