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The Jail Break System

  • #7,261
  • Mar 2, 2020 3:05pm Mar 2, 2020 3:05pm
Quoting TraderR0N
Hello traders, This month will be a challenging month with some central banks cutting rates. I have some opening trades going on below. Long AUDJPY at 70.540. Long AUDUSD at 0.65300. Long CADJPY at 80.790. Short EURUSD at 1.11650. Short GBPUSD at 1.27800. Long NZDUSD at 0.62450. Short USDCAD at 1.33600. Long USDJPY at 108.000. I trade what I see. Either right or wrong. Simple. Good night everyone.

Target hitting soon at 1.11200.
10% buy 10% sell 80% waiting
  • #7,262
  • Mar 2, 2020 3:08pm Mar 2, 2020 3:08pm
NZDUSD is a strong reversal and it will takes times for it to climb back up. Slow range pair. Patience and time will tell.
10% buy 10% sell 80% waiting
  • #7,263
  • Mar 2, 2020 3:12pm Mar 2, 2020 3:12pm
Good night all.
10% buy 10% sell 80% waiting
  • #7,264
  • Mar 2, 2020 11:58pm Mar 2, 2020 11:58pm
Hi All from the New Forest, UK.
Cable 00-00 4 hour break.

Bar High =12781,,, Low = 12758,,, Range = 23. My adr for today 122. 00-00 range of 23 is approx 19% of the adr 122, so we have lots to play with.

i am looking for 15/20 points to start with.
Maybe later we chase the daily range.
Charts copied approx 05-50am UK time.
adr high is 12880 area
Attached Image
.

adr low is 12670 area.
Attached Image


and as always, the adr area will be adjusted as price moves.
Trade well all.
t 05-58

edit at 06-01. i am looking for 15 /20 points not 10, but if it drops i close with 1 or 2. then look for next entry.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,265
  • Mar 3, 2020 12:09am Mar 3, 2020 12:09am
Cable, the high has broken and i am long, (i forgot to say in last post)
we also have inside bars on the 4 hour hour, which is normally a good sign.

we are not in normal condition at the moment.
t 06-09
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,266
  • Mar 3, 2020 1:14am Mar 3, 2020 1:14am
i just closed my Long with 14 points, plus 2 from earlier.
Hopefully it will drop into the 00-00 4 hour bar area and we can trade again.
Ideally i want the drop so i can chase the daily range.
t 07-14
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,267
  • Mar 3, 2020 1:18am Mar 3, 2020 1:18am
Cable, due to movement up, the adr low area has now been adjusted from 12670 area to 12680 area.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,268
  • Mar 3, 2020 1:47am Mar 3, 2020 1:47am
Cable, we had the long break and got x amount.
Because it was a minimal amount ,once the high was broken again we could go long again. =R
I did not do this, i am just saying.

once we have movement we will chase the daily range for a percentage .
t 07-46
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,269
  • Mar 3, 2020 4:16am Mar 3, 2020 4:16am
good day to all
Forex can only be understood backwards, but it must be traded forwards.
  • #7,270
  • Mar 3, 2020 4:44am Mar 3, 2020 4:44am
Quoting prozor7
good day to all
Hi P, hope you are well.
lovely bright day here...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,271
  • Mar 3, 2020 4:58am Mar 3, 2020 4:58am
Good day everyone.
10% buy 10% sell 80% waiting
  • #7,272
  • Mar 3, 2020 5:07am Mar 3, 2020 5:07am
Quoting TraderR0N
Hello traders, This month will be a challenging month with some central banks cutting rates. I have some opening trades going on below. Long AUDJPY at 70.540. Long AUDUSD at 0.65300. Long CADJPY at 80.790. Short EURUSD at 1.11650. Short GBPUSD at 1.27800. Long NZDUSD at 0.62450. Short USDCAD at 1.33600. Long USDJPY at 108.000. I trade what I see. Either right or wrong. Simple. Good night everyone.
Long AUDJPY target achieved at 70.990.

Long CADJPY target achieved at 81.200.

Long USDJPY target achieved at 108.400.

Short EURUSD target achieved at 1.11200.

The rest of the above trades still running healthy.

Cheers.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: A8ABC63F-9781-401E-84C8-6AE6D8374799.png Size: 1,005 KB
Click to Enlarge Name: 1BC5C497-6897-4A81-BF7F-E6ED94E3B57C.png Size: 998 KB
10% buy 10% sell 80% waiting
  • #7,273
  • Mar 3, 2020 5:12am Mar 3, 2020 5:12am
I have also short EURAUD at 1.69530.
10% buy 10% sell 80% waiting
  • #7,274
  • Mar 3, 2020 5:27am Mar 3, 2020 5:27am
Quoting billytt
{quote} Hi P, hope you are well. lovely bright day here...
bad weather here for 2 days in a row.
not much action & weather make me frustrated.
can't see potential trade except AUDCAD that is already open.
waiting for US to bring some action
Forex can only be understood backwards, but it must be traded forwards.
  • #7,275
  • Mar 3, 2020 5:34am Mar 3, 2020 5:34am
Quoting TraderR0N
Good day everyone.
Hi Ron, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,276
  • Mar 3, 2020 5:37am Mar 3, 2020 5:37am
Quoting prozor7
{quote} bad weather here for 2 days in a row. not much action & weather make me frustrated. can't see potential trade except AUDCAD that is already open. waiting for US to bring some action
Same here bud.
i got my 5% off the 08-00 break cable.

oops, and a few more off lsmaller lot.

but we need some chase the daily range action,, only 57 range so far..
Maybe later as you suggest.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,277
  • Mar 3, 2020 5:46am Mar 3, 2020 5:46am
Quoting pamc
EURCHF bottomed out and heading for level 1 on daily. will ride this all the way up to 1.16000. 71.9 fib
1.16000 is this correct ???
to achieve that target it should happen in 6 - 8 month with negative swap.... with resistance on MN level @ 1.09094 - 1.11759 - 1.16072 in March
agree with long with SL @ 1.06113
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,278
  • Mar 3, 2020 5:52am Mar 3, 2020 5:52am
AUDCAD - update
TP reach
CAD is overstretched (sell)
pay attention to 0.87857 as H4 resistance
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #7,279
  • Mar 3, 2020 6:00am Mar 3, 2020 6:00am
Hi TraderRON.

Took a long trade with AUDUSD last night which was one of your suggestions last night (GMT) and woke up this morning with £7.82 profit on my micro account.

Looking at the price action at the time - on the daily TF it had bottomed out and on the one hour it was heading north.

I took 2 manual trades close together around .65365 and a buy limit at .65121 which was also triggered early on.

Regards, N
  • #7,280
  • Mar 3, 2020 6:20am Mar 3, 2020 6:20am
GBPUSD
I would like to see 1.28634
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
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