The Jail Break System | Page 316 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Break Out + Pull Back & Pure Break Outs 59 replies

BB break + trendline break 24 replies

Looking for L > Break High Break Low Indicator 1 reply

A break below - A Break Above Question 1 reply

Attachments: The Jail Break System
Exit Attachments

The Jail Break System

  • #6,301
  • Feb 14, 2020 11:54am Feb 14, 2020 11:54am
Quoting prozor7
NZDCAD price overstretched pullback expected pay attention to 0.84975 {image}
place SL 0.85250
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,302
  • Feb 14, 2020 12:33pm Feb 14, 2020 12:33pm
Quoting pamc
A quick in and out. Good to see you all enjoying and making progress and money. The FIL is making great progress and in good hands, so leaving for that Bergamo Italy trip now. RON good to see u back leading the tribe. Have a great weekend, coz I will! See ya all whenever...
Thanks Pamc. Enjoy your holidays also I’m very happy to hear that your father in law is making great progress.

Happy weekends/holidays.
10% buy 10% sell 80% waiting
  • #6,303
  • Feb 14, 2020 12:42pm Feb 14, 2020 12:42pm
Hello Ledges,

Just to pop in for awhile to give some heads up for next week.. looking at my weekly chart and closed it for the day.

Next week will be interesting as I said... will be looking at Dollar ( DXY ) correction declines/weak at price 99.00 area and most EUR pairs buying strength especially EURCAD, EURJPY and EURUSD.

As for GBPUSD it have to break above 1.30600 area for more upside to 1.31500 - 1.31800 targets or if not will be at 1.29300 if break below 1.30000.

Happy weekends to everyone. Signing off here.

Good night.
10% buy 10% sell 80% waiting
  • #6,304
  • Feb 14, 2020 12:49pm Feb 14, 2020 12:49pm
Quoting TradeWreck
{quote} Hello pamc, I was going back and looking at this post and I was wondering if you would be willing to explain this demo idea a bit more and give an example. When you are not busy(I just now saw that you are about to go on a trip.) Good to hear the FIL is doing better. Have a good weekend.
will try to fit that in for u during my hols or just after. keep well
  • #6,305
  • Feb 14, 2020 2:26pm Feb 14, 2020 2:26pm
it was a great week

wish you all nice weekend, see you
Forex can only be understood backwards, but it must be traded forwards.
  • #6,306
  • Feb 14, 2020 3:23pm Feb 14, 2020 3:23pm
Quoting TraderR0N
Long EURGBP. Going expected. Short GBPUSD. Going expected. Short GBPCAD. Going expected. Short GBPJPY. Going expected.
This is my long-term prediction! We should get back to that in the summer.. fingers crossed

Enjoy the weekend guys!
K.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_CAD_Daily_snapshot.png Size: 51 KB
  • #6,307
  • Feb 15, 2020 3:38am Feb 15, 2020 3:38am
Have a good weekend all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,308
  • Feb 15, 2020 10:16am Feb 15, 2020 10:16am
Quoting Northumbrian
Hello everyone. My broker will be wondering what is going on. From small consistent losses to small/medium consistent profits. Thanks to you all for the valuable chat on this thread, particularly TraderRon and PokerChip Have a great weekend. N
You're welcome.

Were just getting started in this thread. Hopefully the best is yet to come.

I've had the flu the whole week. And that's giving me time to think about trading.

I'm starting to think if I keep trading the same pairs that I trade now (3-4 pairs) I'm going to adapt to the account managers trading style.

Which means hopefully more pips by trading tighter.

My entries should be getting sharper.

Will see what happens.
Patience, let the trade come to you.
  • #6,309
  • Feb 15, 2020 10:20am Feb 15, 2020 10:20am
USD/CAD daily future chart update.

The pair has reached the 1st level.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-d1-tw-corp-u-c-2.png Size: 48 KB
Patience, let the trade come to you.
  • #6,310
  • Feb 15, 2020 10:56am Feb 15, 2020 10:56am
GBP/USD daily future chart update.

I placed a red arrow above the fake out candle.

I think this pair is still moving lower.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-d1-tw-corp-g-u.png Size: 47 KB
Patience, let the trade come to you.
  • #6,311
  • Feb 15, 2020 2:24pm Feb 15, 2020 2:24pm
Quoting Northumbrian
Hello everyone. My broker will be wondering what is going on. From small consistent losses to small/medium consistent profits. Thanks to you all for the valuable chat on this thread, particularly TraderRon and PokerChip Have a great weekend. N
Hi Northumbrian,

Thank you for your kind words and hopefully we can earn more from the market.

Happy weekends.
10% buy 10% sell 80% waiting
  • #6,312
  • Feb 15, 2020 2:27pm Feb 15, 2020 2:27pm
Quoting Kruspe
{quote} This is my long-term prediction! We should get back to that in the summer.. fingers crossed Enjoy the weekend guys! K. {image}
Hi Kruspe,

Nice chart as always.

Happy weekends.
10% buy 10% sell 80% waiting
  • #6,313
  • Edited 3:03pm Feb 15, 2020 2:45pm | Edited 3:03pm
Hello Traders.


XAUUSD ( Gold ) XAGUSD ( Silver ) analysis and can happen for next week and I will be placing sell limit for both pairs below.

XAUUSD ( Gold ) Seller’s waiting there!
Looking to sell at $1585 - $1590 area and
target S/T at $1550 and L/T target at $1500 area.

XAGUSD ( Silver ) Seller’s waiting there!
Looking to sell at $17.80 - $18.00 area and
target S/T at $17.50 and L/T target at $17.00 area.

As trader's we trade probabilities, we don't trade guaranties or certainties.
Trading is a game of probability.

Enjoy your weekend.
10% buy 10% sell 80% waiting
  • #6,314
  • Feb 16, 2020 2:08am Feb 16, 2020 2:08am
Quoting TraderR0N
Hello Traders. XAUUSD ( Gold ) XAGUSD ( Silver ) analysis and can happen for next week and I will be placing sell limit for both pairs below. XAUUSD ( Gold ) Seller’s waiting there! Looking to sell at $1585 - $1590 area and target S/T at $1550 and L/T target at $1500 area. XAGUSD ( Silver ) Seller’s waiting there! Looking to sell at $17.80 - $18.00 area and target S/T at $17.50 and L/T target at $17.00 area. As trader's we trade probabilities, we don't trade guaranties or certainties. Trading is a game of probability....
Hi Ron. PROBABILITY is the word, synonymous with odds/outcome..
Just a thought, Do you also trade pairs which are correlated to your main trades!
I say this as something for others to look at. I don't.. Trade well next week.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,315
  • Edited 11:03am Feb 16, 2020 9:06am | Edited 11:03am
Quoting billytt
{quote} Hi Ron. PROBABILITY is the word, synonymous with odds/outcome.. Just a thought, Do you also trade pairs which are correlated to your main trades! I say this as something for others to look at. I don't.. Trade well next week.
Hi Billy,

Yes agreed with you...

For Gold / Silver
Yes it is also associated/correlated very much with
US Stocks/Oil and USDJPY that I’m trading.. best to look at and then see where price action at support/ resistance level.
Just to have an idea... to increases your edge...

Definitely Gold and Silver will have a sell reversal coming soon and Dollar Index will soar high to surpass 99 - 100 area IMO.. but will have to see Dollar correction coming first before rally back up. I may be wrong but this is how I see it coming.

Trade well too.
See you around.
10% buy 10% sell 80% waiting
  • #6,316
  • Edited 10:59am Feb 16, 2020 9:37am | Edited 10:59am
Hello traders,

Heads up.

weekly chart.
Long Term Dollar View. Bullish.

If Dollar Index would to surpass to 99 - 100 area then we might see GBPUSD going down to 1.27 - 1.26 area and EURUSD down to 1.07 area and USDJPY will be going up to 111 - 112 area. Just have to be careful here and monitor it closely. Between March - April month will be interesting to see DXY level.

But we will have to see Dollar correction coming first from 99 area then rally back up surpass 99 - 100 area.

Green pips everyone
10% buy 10% sell 80% waiting
  • #6,317
  • Edited 5:35pm Feb 16, 2020 5:25pm | Edited 5:35pm
Quoting TraderR0N
{quote} Next week all EUR pairs will be a good buy for correction. I’m ready to go Long. My watchlist for next week. EURJPY. Watching to go buy next week. EURUSD. Watching to buy next week. EURCAD. Watching to buy next week. What goes down too fast have to come up. Have a great weekends everyone. ...
Good morning everyone.

I have place some EUR pairs buy limit below for the week ahead.

2 Sets of Price Limit Orders.

1) Buy Limit for EURAUD at 1.60850. Target at 1.61200.
2) Buy Limit for EURAUD at 1.60050. Target at 1.60850.

1) Buy limit for EURCAD at 1.43390. Target at 1.42800.
2) Buy Limit for EURCAD at 1.42840. Target at 1.43390.

1) Buy limit for EURGBP at 0.82870. Target at 0.83200.
2! Buy Limit for EURGBP at 0.82380. Target at 0.82870.

1) Buy Limit for EURJPY at 118.803. Target at 119.200.
2) Buy Limit for EURJPY at 118.455. Target at 118.803.

1) Buy Limit for EURNZD at 1.67840. Target at 1.68200.
2) Buy Limit for EURNZD at 1.67040. Target at 1.67840.

1) Buy Limit for EURUSD at 1.08220. Target at 1.08600.
2) Buy Limit for EURUSD at 1.07910. Target at 1.08220.

*Pls trade with care and manage at your own risks.*

Cheers and Happy Fishing.
10% buy 10% sell 80% waiting
  • #6,318
  • Feb 16, 2020 8:14pm Feb 16, 2020 8:14pm
Quoting Pat Chiko
{quote} GBP JPY Posted this set up earlier. This is FOMO, where Retail Traders trapped by MM, inducing them committing to short trade. Follow the MM trail, to gain advantage. Patient is the key. {image}

GBP JPY


Price reached the upper Jail #1 Boundry.

Looking for reversal pattern forming later.

This "M" format for reversal within the Jail
Attached Image (click to enlarge)
Click to Enlarge Name: gj 103.jpg Size: 355 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #6,319
  • Feb 16, 2020 8:23pm Feb 16, 2020 8:23pm
Quoting Pat Chiko
EUR GBP Completed retrace cycle. Price is now ready to move up/out from Jail #1. To close scalping short, only enter long on formation on W pattern. {image}

EUR GBP


The Jail #1 reset to "R' level.


Many retail trader now trapped over 100 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: egbp 103.jpg Size: 287 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #6,320
  • Feb 16, 2020 9:15pm Feb 16, 2020 9:15pm
Quoting Pat Chiko
EUR CAD Scalping at H1 TF reversal Pattern. This is Lower Timer Frame Jail break for scalping only. Waiting for price to take next "R" level. {image}
EUR CAD

Every now and then a super-volatile day will come along and that we will be able to ride the wave to the max.

With this assumption, and actually ; Volatility plus ability to ride winners equals profits.

This is how I scalp the market. Finding the right Jail to break with confirmed reversal pattern.

A surfer needs to ride the surf. No surf, no ride...…...….
Attached Image (click to enlarge)
Click to Enlarge Name: ecad 102.jpg Size: 286 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
6 traders viewing now