The Jail Break System | Page 352 | Forex Factory

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The Jail Break System

  • #7,021
  • Feb 26, 2020 5:31am Feb 26, 2020 5:31am
Quoting prozor7
{quote} in my opinion your exit is flawless
Thank you very much P! For today i hope everybody have the big fat green pip bag!! And see u tomorrow morning at the same time!! Trade safe
Time is your friend; impulse is your enemy! - John Bogle
  • #7,022
  • Feb 26, 2020 5:39am Feb 26, 2020 5:39am
Hi everyone.

My 3 shorts in GBPUSD came home to roost. (my sell limit never was touched)

On my micro account my TP's gave me my biggest yet £8.83 profit.

Forget indicators, forget EA's and all things shiny with bells and whistles on them and all the expensive guru teaching courses that the MM's are going to exploit.

Learn the Jail Break philosophy using price action on naked charts and also understand the stop hunt by the market manipulators.

Regards, N
  • #7,023
  • Feb 26, 2020 5:42am Feb 26, 2020 5:42am
Quoting Northumbrian
Hi everyone. My 3 shorts in GBPUSD came home to roost. (my sell limit never was touched) On my micro account my TP's gave me my biggest yet £8.83 profit. Forget indicators, forget EA's and all things shiny with bells and whistles on them and all the expensive guru teaching courses that the MM's are going to exploit. Learn the Jail Break philosophy using price action on naked charts and also understand the stop hunt by the market manipulators. Regards, N
Well said Northumbrian.
10% buy 10% sell 80% waiting
  • #7,024
  • Feb 26, 2020 5:45am Feb 26, 2020 5:45am
I have place a Buy order for AUDJPY at 72.600.

At H4 chart, price were sitting at my support at 72.520. Been rejected 5 times at my support area. Look to your left structure there’s also a few rejection points.
10% buy 10% sell 80% waiting
  • #7,025
  • Feb 26, 2020 6:02am Feb 26, 2020 6:02am
EURNZD
possible short @ 1.73057 - 1.73141
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,026
  • Feb 26, 2020 6:09am Feb 26, 2020 6:09am
Quoting Viki84
{quote} Thank you very much P! For today i hope everybody have the big fat green pip bag!! And see u tomorrow morning at the same time!! Trade safe
you did well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,027
  • Feb 26, 2020 6:17am Feb 26, 2020 6:17am
Quoting prozor7
EURNZD possible short @ 1.73057 - 1.73141 {image}
EURNZD is heading towards L3. Shorts will be possible inside the jail
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_NZD_8 Hours_snapshot.png Size: 39 KB
  • #7,028
  • Feb 26, 2020 6:29am Feb 26, 2020 6:29am
Quoting Kruspe
{quote} EURNZD is heading towards L3. Shorts will be possible inside the jail {image}
1.74401 ?
Forex can only be understood backwards, but it must be traded forwards.
  • #7,029
  • Feb 26, 2020 6:41am Feb 26, 2020 6:41am
Quoting prozor7
{quote} 1.74401 ?
Wait.. what?

No, I just left my mouse cursor somewhere up there. It's not a specific level for shorts
  • #7,030
  • Feb 26, 2020 6:46am Feb 26, 2020 6:46am
Quoting Kruspe
{quote} Wait.. what? No, I just left my mouse cursor somewhere up there. It's not a specific level for shorts
where is L3 ?
Forex can only be understood backwards, but it must be traded forwards.
  • #7,031
  • Feb 26, 2020 6:47am Feb 26, 2020 6:47am
Quoting Frosty85
Absolute GOLD thread! Have been trying this method out since last month. Thanks to all especially PC and TraderR0N Noob 1st month result on GJ only (clear cycle can be seen): {image}
Frosty85, I'd say that's a pretty good looking graph.

And you're only going to get better.
Patience, let the trade come to you.
  • #7,032
  • Feb 26, 2020 6:53am Feb 26, 2020 6:53am
Hi PC, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,033
  • Feb 26, 2020 6:53am Feb 26, 2020 6:53am
Good morning everyone.
Patience, let the trade come to you.
  • #7,034
  • Feb 26, 2020 6:56am Feb 26, 2020 6:56am
Hello traders,

I have place a Buy order for USDJPY at price 110.500. Target at 110.900.

Look at H4 major support sitting at 109.880.

Look at H1 trying to break resistance at 110.510.
If price break up will be beautiful.
10% buy 10% sell 80% waiting
  • #7,035
  • Feb 26, 2020 6:56am Feb 26, 2020 6:56am
Quoting PokerChip
Good morning everyone.

Good morning PokerChip.
10% buy 10% sell 80% waiting
  • #7,036
  • Feb 26, 2020 6:57am Feb 26, 2020 6:57am
Quoting PokerChip
Good morning everyone.
morning PC
Forex can only be understood backwards, but it must be traded forwards.
  • #7,037
  • Feb 26, 2020 6:59am Feb 26, 2020 6:59am
Quoting Northumbrian
Hi everyone. My 3 shorts in GBPUSD came home to roost. (my sell limit never was touched) On my micro account my TP's gave me my biggest yet £8.83 profit. Forget indicators, forget EA's and all things shiny with bells and whistles on them and all the expensive guru teaching courses that the MM's are going to exploit. Learn the Jail Break philosophy using price action on naked charts and also understand the stop hunt by the market manipulators. Regards, N
Yep, that was a nice trade.

All the indicators are a distraction.

More trades to come.

Good job !
Patience, let the trade come to you.
  • #7,038
  • Feb 26, 2020 7:02am Feb 26, 2020 7:02am
JPY are still the moment but it will be pulling back soon imo. Give it some time. Patience.
10% buy 10% sell 80% waiting
  • #7,039
  • Feb 26, 2020 7:29am Feb 26, 2020 7:29am
Sold EURAUD at 1.65500.

Resistance to watch at 1.65950 for a break up or bounce back down.
10% buy 10% sell 80% waiting
  • #7,040
  • Feb 26, 2020 7:33am Feb 26, 2020 7:33am
The market maker is really messing with USD/CAD.

Trying to trap as many buyers as possible.
Patience, let the trade come to you.
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