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The Jail Break System

  • #5,901
  • Feb 5, 2020 4:01am Feb 5, 2020 4:01am
Quoting prozor7
{quote} when student become professor
lol.
he actually was correct,
Dax had a big range of 60 and an adr of 232 and the secondary being 183.
he made over 1k lol but I supplied the margin money for him to trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,902
  • Feb 5, 2020 4:08am Feb 5, 2020 4:08am
Quoting Simply-Me
{quote} Hi billy.counter .you mean hedging cable position with same size or you adding little bit more?
I always add, you call it hedge I call it counter.
This is not Martingale.
I play the 00-00 range against the daily range, as it is a percentage, look at percentage which is left and that gives us the play, check lengths of past candles and hey ho.
I do have a couple of other tricks though. yaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,903
  • Feb 5, 2020 4:09am Feb 5, 2020 4:09am
AUDJPY And NZDJPY might be holehole filling today....
  • #5,904
  • Feb 5, 2020 4:18am Feb 5, 2020 4:18am
Quoting Simply-Me
{quote} Hi billy.counter .you mean hedging cable position with same size or you adding little bit more?
example. I will adjust my lot size after a fail.
but if I have the odds of gaining 20 I will add my profit to lot to big it up. <<<<my saying.
so we are looking at 20 point profit.

I make 5 points so add 1 for the next 5, then add another 1 for next 5, then add another 1 until the 20 is made .
It can fail but if it does you repeat opposite end and it wins. easy .
sorry if I haven't explained it too well, just ask and I will reply.
trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,905
  • Feb 5, 2020 4:32am Feb 5, 2020 4:32am
Quoting billytt
{quote} I always add, you call it hedge I call it counter. This is not Martingale. I play the 00-00 range against the daily range, as it is a percentage, look at percentage which is left and that gives us the play, check lengths of past candles and hey ho. I do have a couple of other tricks though. yaaaaaaaaaaaaaaay
Billy,I understand,I just wanted to sync our vocabulary,so we are on same side ,.
I do it also time to time,but I don't have good experience with it.Instead of cutting loss and making money I'm trying salvage something that went wrong and missing another good opportunities to make money.
So I wondering,if you'll share those nice tricks you've been hiding in your sleeves.
Whether you think you can, or you think you can't,you're right. H.F.
  • #5,906
  • Feb 5, 2020 4:58am Feb 5, 2020 4:58am
Quoting Simply-Me
{quote} Billy,I understand,I just wanted to sync our vocabulary,so we are on same side ,. I do it also time to time,but I don't have good experience with it.Instead of cutting loss and making money I'm trying salvage something that went wrong and missing another good opportunities to make money. So I wondering,if you'll share those nice tricks you've been hiding in your sleeves.
First.... we have had a brilliant day here , we had fails but that was the first part of the trade.
NORMALLY... I TRADE ONE PAIR OR DAX AT A TIME, OK sometime maybe both together but its rare,
In my eyes, we only need one pair .
Some of the tricks I cannot divulge as I sold them.
But as long as we have volatility and ranges we can trade.
I will help as much as I can, that is one of the reasons I am still hanging around.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,907
  • Feb 5, 2020 5:17am Feb 5, 2020 5:17am
Quoting billytt
{quote} First.... we have had a brilliant day here , we had fails but that was the first part of the trade. NORMALLY... I TRADE ONE PAIR OR DAX AT A TIME, OK sometime maybe both together but its rare, In my eyes, we only need one pair . Some of the tricks I cannot divulge as I sold them. But as long as we have volatility and ranges we can trade. I will help as much as I can, that is one of the reasons I am still hanging around.
That's what I usually do. One ,max 2 pairs.Aiming for 10 pips per trade to make 30 pips per day..Today I have already 2 trades 31 pips on both, 5% of equity.
Now I'm waiting for another chance,probably after US open and I try to study longer TF trading in meantime.
Whether you think you can, or you think you can't,you're right. H.F.
  • #5,908
  • Feb 5, 2020 5:30am Feb 5, 2020 5:30am
Quoting Simply-Me
{quote} That's what I usually do. One ,max 2 pairs.Aiming for 10 pips per trade to make 30 pips per day..Today I have already 2 trades 31 pips on both, 5% of equity. Now I'm waiting for another chance,probably after US open and I try to study longer TF trading in meantime.
That is a good attitude to have.... my main trade I look for 5 points, that is with stats for 10 points, I take a percentage, gives me better edge.
Some of the fails I had earlier would not of happened if I were trading my main trade, maybe close with 1 point.
But I expect my trades to fail so I can fix...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,909
  • Feb 5, 2020 5:41am Feb 5, 2020 5:41am
Quoting billytt
{quote} That is a good attitude to have.... my main trade I look for 5 points, that is with stats for 10 points, I take a percentage, gives me better edge. Some of the fails I had earlier would not of happened if I were trading my main trade, maybe close with 1 point. But I expect my trades to fail so I can fix...
Something must have happen or somebody must have said something.Everything I'm watching had sudden move.
Whether you think you can, or you think you can't,you're right. H.F.
  • #5,910
  • Feb 5, 2020 5:55am Feb 5, 2020 5:55am
Quoting Simply-Me
{quote} Something must have happen or somebody must have said something.Everything I'm watching had sudden move.
You normally get the movement what ever happens for the range or part range to be made.
You are right it went really well and quick.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,911
  • Feb 5, 2020 6:08am Feb 5, 2020 6:08am
Quoting billytt
{quote} First.... we have had a brilliant day here , we had fails but that was the first part of the trade. NORMALLY... I TRADE ONE PAIR OR DAX AT A TIME, OK sometime maybe both together but its rare, In my eyes, we only need one pair . Some of the tricks I cannot divulge as I sold them. But as long as we have volatility and ranges we can trade. I will help as much as I can, that is one of the reasons I am still hanging around.
Ah ! So- I am normal then?
every Saint has a past. Every Sinner has a Future
  • #5,912
  • Feb 5, 2020 6:09am Feb 5, 2020 6:09am
Quoting billytt
{quote} You normally get the movement what ever happens for the range or part range to be made. You are right it went really well and quick.
I know,but this must have been something fundamentally triggered,because every pair I'm watching did move against main trade,Nothing big,but like synchronize swimming
Whether you think you can, or you think you can't,you're right. H.F.
  • #5,913
  • Feb 5, 2020 6:10am Feb 5, 2020 6:10am
Quoting Simply-Me
{quote} Something must have happen or somebody must have said something.Everything I'm watching had sudden move.
also, after the 00-00 break then reversal/retrace it is easier to hunt the daily range, so you can bag extra points/pips..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,914
  • Feb 5, 2020 6:11am Feb 5, 2020 6:11am
Quoting Simply-Me
{quote} I know,but this must have been something fundamentally triggered,because every pair I'm watching did move against main trade,Nothing big,but like synchronize swimming
it is when my orders went in, lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,915
  • Feb 5, 2020 6:12am Feb 5, 2020 6:12am
Quoting turnip15
{quote} Ah ! So- I am normal then?
more than 2 pairs and I get heart failure, I speak of this every so often,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,916
  • Feb 5, 2020 6:13am Feb 5, 2020 6:13am
Quoting Simply-Me
{quote} Something must have happen or somebody must have said something.Everything I'm watching had sudden move.
cable didn't move, it is still running approx. 60 points, maybe US open might move it.
I am all done here....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,917
  • Feb 5, 2020 6:19am Feb 5, 2020 6:19am
Quoting prozor7
{quote} {quote} EURAUD - update I wold like to see 1.63785 - 1.63499 - 1.63230 - 1.62655 {image}
EURAUD
finished cycle

ECB's President Lagarde speech

if price pullback I would like to see 1.63942 - 1.64504
pay attention there are nice support area (box) 1.62655 - 1.63942 ideal for consolidation
Attached Images
Forex can only be understood backwards, but it must be traded forwards.
  • #5,918
  • Feb 5, 2020 6:25am Feb 5, 2020 6:25am
Quoting prozor7
AUDCAD I would like to see 0.90134 - 0.90224 {image}
AUDCAD - update
price close gap from 01.24.2020
pullback to 0.89680 - 0.89553 if hold than above scenario is possible
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,919
  • Feb 5, 2020 6:34am Feb 5, 2020 6:34am
Quoting billytt
{quote} also, after the 00-00 break then reversal/retrace it is easier to hunt the daily range, so you can bag extra points/pips..
What i usually is watching my pairs what they doing on 4 and 1H TF,then I pick potential winners for day,drop to 5M TF and enter.Usually after new 1H candle. I need about 3 trades to make about 5% equity risking 1.5-2% on trade.
Mostly quick in quick out.It requires lot of screen time,so I'm trying to find something on 4H TF to eliminate screen time( eyes don't get better with age ) and built some trading equity,because higher TF will require different MM and account size.
Whether you think you can, or you think you can't,you're right. H.F.
  • #5,920
  • Feb 5, 2020 6:41am Feb 5, 2020 6:41am
Quoting Simply-Me
{quote} What i usually is watching my pairs what they doing on 4 and 1H TF,then I pick potential winners for day,drop to 5M TF and enter.Usually after new 1H candle. I need about 3 trades to make about 5% equity risking 1.5-2% on trade. Mostly quick in quick out.It requires lot of screen time,so I'm trying to find something on 4H TF to eliminate screen time( eyes don't get better with age ) and built some trading equity,because higher TF will require different MM and account size.
I have spent thousands of hours watching screens, sad lol.
in my last house, I would have screen on even when not trading, I would pop out into my garage and lift some weights, or practise my Sax, play music, chat on phone, but screen still running. I look for patterns in movement etc.

I love in out quick if possible.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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