The Jail Break System | Page 318 | 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

  • #6,341
  • Feb 17, 2020 6:05am Feb 17, 2020 6:05am
Quoting billytt
{quote} EASY, yaaaaaaaaaaaaaaaaaaaaaaay, lol I do something similar...
Nice bud.. yeah you’re right. EASY.. it is also about mindset rather then entering 5 lots at once. lol..
10% buy 10% sell 80% waiting
  • #6,342
  • Feb 17, 2020 6:09am Feb 17, 2020 6:09am
Quoting TraderR0N
{quote} Hi prozor7, You are short and I’m long on this trade..
they are pending short
guess what? both will squeeze some money from it
Forex can only be understood backwards, but it must be traded forwards.
  • #6,343
  • Feb 17, 2020 6:12am Feb 17, 2020 6:12am
Quoting prozor7
{quote} they are pending short guess what? both will squeeze some money from it
By looking at my chart on H4 timeframe it has broken up my resistance area at 82.960 for more upside.

My upside target will be at 83.400.
10% buy 10% sell 80% waiting
  • #6,344
  • Feb 17, 2020 6:18am Feb 17, 2020 6:18am
Quoting TraderR0N
{quote} Hi Simply-Me, As for my MM strategy, I’m only targeting at 40 pips per position to get 200 pips for 5 positions rather then targeting at 200 pips per position. It’s just scaling. Cheers.
I prefer to cover the "Jail Box" range with 3-5 same lot sizes
with that I covering about 50% of the "Jail" range
Forex can only be understood backwards, but it must be traded forwards.
  • #6,345
  • Feb 17, 2020 6:20am Feb 17, 2020 6:20am
My Long EURCAD got activated at price 1.43390.

My Sell XAGUSD ( Silver ) also got activated at price 17.80.
10% buy 10% sell 80% waiting
  • #6,346
  • Feb 17, 2020 6:20am Feb 17, 2020 6:20am
Quoting prozor7
{quote} I prefer to cover the "Jail Box" range with 3-5 same lot sizes with that I covering about 50% of the "Jail" range
That will be
10% buy 10% sell 80% waiting
  • #6,347
  • Feb 17, 2020 6:28am Feb 17, 2020 6:28am
Quoting TraderR0N
{quote} Hi Simply-Me, As for my MM strategy, I’m only targeting at 40 pips per position to get 200 pips for 5 positions rather then targeting at 200 pips per position. It’s just scaling. Cheers.
Hi Ron,

Respect! Not so many people at FF are willing to show their open/pending position. Would be possible to show us your charts and what is the logic behind that?

Thanks
K.
  • #6,348
  • Feb 17, 2020 6:30am Feb 17, 2020 6:30am
Quoting Kruspe
{quote} Hi Ron, Respect! Not so many people at FF are willing to show their open/pending position. Would be possible to show us your charts and what is the logic behind that? Thanks K.
Thanks Kruspe.
Ok sure when I have the free time as I’m always out.. nothing to hide. lol... either right or wrong.
10% buy 10% sell 80% waiting
  • #6,349
  • Feb 17, 2020 6:34am Feb 17, 2020 6:34am
Quoting TraderR0N
{quote} By looking at my chart on H4 timeframe it has broken up my resistance area at 82.960 for more upside. My upside target will be at 83.400.
for me H4 resistance Jail box is 83.166 - 83.484
There is D1 Jail box top 83.255

breaking 83.166 price could hit 83.484
if price hit 83.484 on pullback down I will look @ 83.255 - 83.166 as support that should open the door for 84.300....
Forex can only be understood backwards, but it must be traded forwards.
  • #6,350
  • Feb 17, 2020 6:36am Feb 17, 2020 6:36am
Sold NZDCAD at price 0.85050. Target will be at 0.84600.
10% buy 10% sell 80% waiting
  • #6,351
  • Feb 17, 2020 6:38am Feb 17, 2020 6:38am
NZD/CAD daily chart update.

Good morning everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdcadi-d1-tw-corp-n-c.png Size: 48 KB
Patience, let the trade come to you.
  • #6,352
  • Feb 17, 2020 6:38am Feb 17, 2020 6:38am
Quoting prozor7
{quote} for me H4 resistance Jail box is 83.166 - 83.484 There is D1 Jail box top 83.255 breaking 83.166 price could hit 83.484 if price hit 83.484 on pullback down I will look @ 83.255 - 83.166 as support that should open the door for 84.300....
Respect for that. analysis.
10% buy 10% sell 80% waiting
  • #6,353
  • Edited 7:06am Feb 17, 2020 6:38am | Edited 7:06am
Quoting PokerChip
NZD/CAD daily chart update. Good morning everyone. {image}
Nice PokerChip and yes good morning. I’m in for this
Hope you’re feeling better from your flu recovery.
10% buy 10% sell 80% waiting
  • #6,354
  • Feb 17, 2020 6:40am Feb 17, 2020 6:40am
NZDCAD
NZD is overstretched pullback up expected
pay attention 0.84975 possible spike to 0.84818
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,355
  • Feb 17, 2020 6:45am Feb 17, 2020 6:45am
Quoting PokerChip
NZD/CAD daily chart update. Good morning everyone. {image}
Hi P, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,356
  • Feb 17, 2020 6:51am Feb 17, 2020 6:51am
Quoting TraderR0N
{quote} Hi Simply-Me, As for my MM strategy, I’m only targeting at 40 pips per position to get 200 pips for 5 positions rather then targeting at 200 pips per position. It’s just scaling. Cheers.
When I was originally fixing a bad trade, I would hunt the daily range (or part 0f it). I would make some pips then addd it on , and add it on etc.
Really profitable..
I was actually looking forward to my first trade to fail.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,357
  • Feb 17, 2020 6:55am Feb 17, 2020 6:55am
Quoting PokerChip
Good morning everyone.
good morning PC
health is better?
Forex can only be understood backwards, but it must be traded forwards.
  • #6,358
  • Feb 17, 2020 6:57am Feb 17, 2020 6:57am
Quoting prozor7
{quote} good morning PC health is better?
Getting better, thank you sir.
Patience, let the trade come to you.
  • #6,359
  • Feb 17, 2020 6:58am Feb 17, 2020 6:58am
Quoting billytt
{quote} Hi P, hope you are well.
I'm getting better thank you Billy.
Patience, let the trade come to you.
  • #6,360
  • Feb 17, 2020 6:59am Feb 17, 2020 6:59am
Quoting PokerChip
{quote} I'm getting better thank you Billy.
Get well soon sir!
3 traders viewing now