The Jail Break System | Page 362 | 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

  • #7,221
  • Mar 1, 2020 6:01pm Mar 1, 2020 6:01pm
Quoting prozor7
{quote} hi Ron is there a place you can see market data before open to post this gaps?
Hi Prozor, one way i know of is by checking xe.com looking under the live rates, they provide the live rates over the weelend
  • #7,222
  • Mar 2, 2020 12:27am Mar 2, 2020 12:27am
Morning all, hope you all had a good weekend.

Cable 00-00 4 hour bar break.

High =12837,,, Low = 12794,,, Range = 43. My adr = 113. chart copied approx 06-19 UK Time.
adr high = 12900 area,,, Low adr = 12730 area, price will be adjusted as it moves.
43 range is getting a bit on the big size. Lets see..
Attached Image

Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,223
  • Mar 2, 2020 12:28am Mar 2, 2020 12:28am
Cable, 00-00 4 hr bar high broke, i am long, looking for 20
t 06-28
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,224
  • Mar 2, 2020 12:42am Mar 2, 2020 12:42am
Cable, i was just asked.
the 00-00 4 hour candle/bar range is 43. this is approx 39% of the adr. (Average Daily Range) which is 113.
We have a potential to make /play with 60%.
As you know i take a percentage of this..

The first break is always harder to plan.
Trade well all.
t 06-42
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,225
  • Mar 2, 2020 1:51am Mar 2, 2020 1:51am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #7,226
  • Mar 2, 2020 2:23am Mar 2, 2020 2:23am
GBPAUD
AUD is overstretched (buy)
pay attention to 1.94541 as support line
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,227
  • Mar 2, 2020 2:48am Mar 2, 2020 2:48am
Cable, 08-00 15 minute bar break, my main trade i am leaving it, the range is too big.
i will post about the 00-00 4 hour bar later, it did Fail, but it isnt as bad as it seems.
back to trading.
t 08-48
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,228
  • Mar 2, 2020 3:22am Mar 2, 2020 3:22am
GBPUSD
1.28634 resistance line
Attached Image

price should go down to 1.26789
Attached Image

pay attention to 1.27135
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,229
  • Mar 2, 2020 4:00am Mar 2, 2020 4:00am
Quoting prozor7
good morning to all
Hi P, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,230
  • Mar 2, 2020 4:17am Mar 2, 2020 4:17am
Quoting billytt
Cable, 08-00 15 minute bar break, my main trade i am leaving it, the range is too big. i will post about the 00-00 4 hour bar later, it did Fail, but it isnt as bad as it seems. back to trading. t 08-48
The 08-00 15 minute bar break, it actually was good. I did not trade it as the range was too big, don't forget i am using £60 a pip and the margin is crucifying me.

The 00-00 4 hour bar break.
the high broke and failed i managed 2 points , then the low broke and i fixed the loss. plus made some lol, yaaaaaaaaay
Attached Image

chart shows. A = is the adr line of 113.
x = that is 43 points away from the 00-00 4 hour range low.
we are/were playing with 86 pips/points of the 113 adr.
think percentages.
i made a counter and a trade. i did nort need all the points, but i fixed and made plenty.
Happy days.
Trade well all.
#t 10-17
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,231
  • Mar 2, 2020 4:26am Mar 2, 2020 4:26am
Quoting billytt
{quote} Hi P, hope you are well.
hi b,
I enjoyed in peace and quiet of spending a nice weekend on the island
Forex can only be understood backwards, but it must be traded forwards.
  • #7,232
  • Edited 5:05am Mar 2, 2020 4:43am | Edited 5:05am
looking for a programmer that is willing to develop EA based on Jail break

EA must be a open source!!!
it should look like this
Attached Image

I believe that al community will have benefit from this
PM me please for details

thx
pro7
Forex can only be understood backwards, but it must be traded forwards.
  • #7,233
  • Mar 2, 2020 5:09am Mar 2, 2020 5:09am
Quoting prozor7
GBPAUD AUD is overstretched (buy) pay attention to 1.94541 as support line {image}
GBPAUD - update
close long @ 1.95423
Forex can only be understood backwards, but it must be traded forwards.
  • #7,234
  • Mar 2, 2020 6:34am Mar 2, 2020 6:34am
Quoting Simply-Me
{quote} Hi Pokerchip, your thread is getting bigger and bigger pretty fast.Over 7000 post in 6 months,wow.There lot's of good information specially on live trades. What I miss here some good suggestions on money managements(MM). I'm sure some ideas might be hidden in those 7000 plus posts,but maybe you,as OP might consider to out some of them as sticky or pdf in post#1,so they'll be more available for people coming later in this thread. Thanks for doing good job and sharing to you and all guys.
Good morning.

We have a pretty good group here.

Thank you.
Patience, let the trade come to you.
  • #7,235
  • Mar 2, 2020 6:38am Mar 2, 2020 6:38am
Quoting prozor7
looking for a programmer that is willing to develop EA based on Jail break EA must be a open source!!! it should look like this {image} I believe that al community will have benefit from this PM me please for details thx pro7
Good idea.

I had a programmer working on this awhile back, I think he found a girl friend.

I haven't heard from him since.

Good morning everyone.
Patience, let the trade come to you.
  • #7,236
  • Mar 2, 2020 6:40am Mar 2, 2020 6:40am
GBP/USD daily chart update.

The pair is moving toward the 3rd level.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-d1-tw-corp-g-u.png Size: 43 KB
Patience, let the trade come to you.
  • #7,237
  • Mar 2, 2020 6:43am Mar 2, 2020 6:43am
USD/CAD daily chart update.

We have a reversal.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-d1-tw-corp-u-c.png Size: 41 KB
Patience, let the trade come to you.
  • #7,238
  • Mar 2, 2020 6:54am Mar 2, 2020 6:54am
NZD/USD daily chart update.

We have a reversal on this pair.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusdi-d1-tw-corp-n-u.png Size: 53 KB
Patience, let the trade come to you.
  • #7,239
  • Mar 2, 2020 7:11am Mar 2, 2020 7:11am
Quoting PokerChip
{quote} Good morning. We have a pretty good group here. Thank you.
Hi PC, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,240
  • Mar 2, 2020 7:12am Mar 2, 2020 7:12am
Quoting PokerChip
{quote} Good idea. I had a programmer working on this awhile back, I think he found a girl friend. I haven't heard from him since. Good morning everyone.
good morning PC

I glad that you agree with an idea developing EA.
I'm not going with details here but basic idea should be that EA will have number of attempts to open pending order with declared SL.

GBPAUD example from this morning:
buy stop @ 1.94541 with SL @ 1.94385
sell stop @ 1.95792 with SL @ 1.96008
in case that SL is executed EA should open another buy / sell with same parameters until number (3, 5, 10....) of attempts are executed after that, EA should stop and deactivating herself (OFF) .... etc
Attached Image

this is way I trade manually with an alarms but it is difficult after 1st time to repeat procedure there is no time to do it again.

I prepare whole project; what is missing is person who is willing to develop "open source".

pro7
Forex can only be understood backwards, but it must be traded forwards.
4 traders viewing now