The Jail Break System | Page 339 | 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

  • #6,761
  • Feb 24, 2020 6:56am Feb 24, 2020 6:56am
Quoting PokerChip
Good morning everyone from the cold and rainy Midwest.
Hi PC, hope you are well, cold and rainy here too.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,762
  • Feb 24, 2020 7:05am Feb 24, 2020 7:05am
Quoting billytt
{quote} Hi PC, hope you are well, cold and rainy here too. Trade well.
Good morning Billy.

I think GBP/USD has enough buyers trapped now it its going to keep moving lower.
Patience, let the trade come to you.
  • #6,763
  • Feb 24, 2020 7:23am Feb 24, 2020 7:23am
Quoting PokerChip
{quote} Good morning Billy. I think GBP/USD has enough buyers trapped now it its going to keep moving lower.
yes in deed.
my chase the daily range trades are now close.
it has made 68 of the 88 daily range and I took a percentage.

I thought before or maybe still will, if it creeps back into the 00-00 4 hour area it can then push down again and break through the 00.
Or is that wishful thinking!
I am happy , I took my +5% main trade and did a chase with add ons/compound.
yaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,764
  • Feb 24, 2020 7:30am Feb 24, 2020 7:30am
Quoting PokerChip
{quote} Good morning Billy. I think GBP/USD has enough buyers trapped now it its going to keep moving lower.
my trades are closed,,, i did chase the 86 daily range, it made 68 of 88, i took a percentage as i do,

hopefully it will drop through the 00 and keep going.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,765
  • Feb 24, 2020 7:30am Feb 24, 2020 7:30am
Quoting billytt
{quote} yes in deed. my chase the daily range trades are now close. it has made 68 of the 88 daily range and I took a percentage. I thought before or maybe still will, if it creeps back into the 00-00 4 hour area it can then push down again and break through the 00. Or is that wishful thinking! I am happy , I took my +5% main trade and did a chase with add ons/compound. yaaaaaaaaaaaaay
Good for you.

I think the market maker is going to make a move down in about 1 hour or so. After he has enough buy traders trapped.

Will see what happens.
Patience, let the trade come to you.
  • #6,766
  • Feb 24, 2020 7:59am Feb 24, 2020 7:59am
Hello PokerChip.

Regarding GBPUSD, my short TP just missed out but returned back south so I took a handsome profit manually (£3.18) on my micro account.

A nice start to the week

Just a message for billytt. BBC headlines just in : A border collie sheep dog has been sold for a record £18,000 to an American beef farmer.

Can I hear a sigh of relief?

Kind regards, N
  • #6,767
  • Feb 24, 2020 8:14am Feb 24, 2020 8:14am
Quoting TraderR0N
Good day everyone. Holding some current trades below over the weekends. Long AUDCAD. Long AUDUSD. Short AUDNZD. Long EURGBP. Short EURAUD. Short EURNZD. Long USDCAD. Enjoy your weekends.
Hi traders,

Target achieved for Short EURNZD.

Target also achieved for Short GBPAUD. New trade.

The rest of the trades still floating with win and losses.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: C261720C-385D-4ACF-B0CF-C97EA3515B3E.png Size: 975 KB
Click to Enlarge Name: 7164657D-69A3-4149-B312-B9A1554C87D3.png Size: 961 KB
10% buy 10% sell 80% waiting
  • #6,768
  • Feb 24, 2020 8:17am Feb 24, 2020 8:17am
Quoting Northumbrian
Hello PokerChip. Regarding GBPUSD, my short TP just missed out but returned back south so I took a handsome profit manually (£3.18) on my micro account. A nice start to the week Just a message for billytt. BBC headlines just in : A border collie sheep dog has been sold for a record £18,000 to an American beef farmer. Can I hear a sigh of relief? Kind regards, N
WOW, I was just going to joke about selling things to Americans, but thought better of it. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,769
  • Feb 24, 2020 8:25am Feb 24, 2020 8:25am
Quoting prozor7
CADJPY having difficulties holding 84.033 - 83.848 I would like to see 83.255 than potential long to close the gap to 84.343 pay attention to H4 83.458 - 83.255 {image} {image}
CADJPY - update
close short @ 83.458
JPY is overstratched (buy)
in case pullback to 83.640 - 83.750 possible reload shorts
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,770
  • Feb 24, 2020 8:27am Feb 24, 2020 8:27am
Cable, let it bounce down off 12933 area?
t 14-27
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,771
  • Feb 24, 2020 8:30am Feb 24, 2020 8:30am
GBPUSD
1.28879 hold can we close gap to 1.29565 than down
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,772
  • Edited 8:42am Feb 24, 2020 8:31am | Edited 8:42am
Quoting TraderR0N
Some heads up before going to bed. Seem to me that AUDJPY, CADJPY, GBPJPY, EURJPY and USDJPY might continue to sell off rally when market open later in asia session. I could be wrong but this is how I view it. Good night everyone.
As mention and expected for JPY pairs sell rally continue and GAP down. Will they close up the GAP? Big rally up for JPY pairs are coming soon imo.. Last push down big correction maybe then rally back up. YEN pairs are still bullish so becareful of selling.

I’m looking to go long for most JPY pairs.

AUDJPY

CADJPY

EURJPY

GBPJPY

USDJPY

Cheers.
10% buy 10% sell 80% waiting
  • #6,773
  • Feb 24, 2020 8:41am Feb 24, 2020 8:41am
EURJPY
watching 120.433 - 120.517 as resistance for down to 117.912
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,774
  • Feb 24, 2020 8:45am Feb 24, 2020 8:45am
Quoting Northumbrian
Hello PokerChip. Regarding GBPUSD, my short TP just missed out but returned back south so I took a handsome profit manually (£3.18) on my micro account. A nice start to the week Just a message for billytt. BBC headlines just in : A border collie sheep dog has been sold for a record £18,000 to an American beef farmer. Can I hear a sigh of relief? Kind regards, N
Good for you.

USD/CAD is falling now.

Which means the market maker now has enough buyers trapped.
Patience, let the trade come to you.
  • #6,775
  • Feb 24, 2020 8:50am Feb 24, 2020 8:50am
USDJPY
110.949 - 111.097 resistance lines possible down to 110.539 - 110.368 where we could load long???
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,776
  • Feb 24, 2020 8:50am Feb 24, 2020 8:50am
Quoting PokerChip
{quote} Good for you. USD/CAD is falling now. Which means the market maker now has enough buyers trapped.
USD/CAD is finally moving down, partly due to positive numbers on "CAD Wholesale Sales"?
  • #6,777
  • Feb 24, 2020 9:05am Feb 24, 2020 9:05am
Quoting Kellytrade
{quote} USD/CAD is finally moving down, partly due to positive numbers on "CAD Wholesale Sales"?
I don't pay any attention to positive or negative numbers.

I think the market makers use these numbers to trap traders.
Patience, let the trade come to you.
  • #6,778
  • Feb 24, 2020 9:07am Feb 24, 2020 9:07am
Quoting TraderR0N
Some heads up before going to bed. Seem to me that AUDJPY, CADJPY, GBPJPY, EURJPY and USDJPY might continue to sell off rally when market open later in asia session. I could be wrong but this is how I view it. I had no more JPY pairs all closed with profits last Friday. Just holding on these pairs to see how it work out. Long AUDCAD. Long AUDUSD. Short AUDNZD. Long EURGBP. Short EURAUD. Short EURNZD. Long USDCAD. Good night everyone.

Long EURGBP target achieved.

Have also entered some new trades.

Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: 2BAE59BA-DC01-42F0-B795-B1B60C3B51CC.png Size: 974 KB
10% buy 10% sell 80% waiting
  • #6,779
  • Feb 24, 2020 9:55am Feb 24, 2020 9:55am
USD/CAD has a nice gap to fill below on the 4 hour chart.
Patience, let the trade come to you.
  • #6,780
  • Feb 24, 2020 10:02am Feb 24, 2020 10:02am
USD/CAD 4 hour chart.

The red arrow marks the gap area.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-h4-tw-corp-u-c.png Size: 49 KB
Patience, let the trade come to you.
6 traders viewing now