The Jail Break System | Page 384 | Forex Factory

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The Jail Break System

  • #7,661
  • Mar 6, 2020 2:08pm Mar 6, 2020 2:08pm
Hi All! Im back with 1 week result! Not soo much but.... 1 week!
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Time is your friend; impulse is your enemy! - John Bogle
  • #7,662
  • Mar 6, 2020 2:58pm Mar 6, 2020 2:58pm
Quoting Viki84
Hi All! Im back with 1 week result! Not soo much but.... 1 week! {image} {image}
Hi, not my usual thread on the forum for keeping an eye on but spotted yr post, and just wanted to say well done Viki84, we have to start somewhere, and that's a good week's green pip's, keep it up and good luck in the future with many more.
  • #7,663
  • Mar 6, 2020 3:00pm Mar 6, 2020 3:00pm
Quoting Viki84
Hi All! Im back with 1 week result! Not soo much but.... 1 week! {image} {image}
That's a 45% increase !

Excellent improvement.

Why do you think you improved ?
Patience, let the trade come to you.
  • #7,664
  • Mar 6, 2020 4:21pm Mar 6, 2020 4:21pm
Quoting PokerChip
{quote} That's a 45% increase ! Excellent improvement. Why do you think you improved ?
Im not greedy anymore Im taking the trade if im minimum 90% sure, im out with green pips. And of course , sticking with my trading strategy Jail Break always!!
Time is your friend; impulse is your enemy! - John Bogle
  • #7,665
  • Mar 6, 2020 4:25pm Mar 6, 2020 4:25pm
Quoting chipsngravey
{quote} Hi, not my usual thread on the forum for keeping an eye on but spotted yr post, and just wanted to say well done Viki84, we have to start somewhere, and that's a good week's green pip's, keep it up and good luck in the future with many more.
Thank you! Lot's of green pips to you
Time is your friend; impulse is your enemy! - John Bogle
  • #7,666
  • Mar 6, 2020 4:50pm Mar 6, 2020 4:50pm
Quoting Viki84
{quote} Im not greedy anymore Im taking the trade if im minimum 90% sure, im out with green pips. And of course , sticking with my trading strategy Jail Break always!!
Food for some thought.

The more you use the jail break system the easier it will be for you to see the pattern develop before the pattern develops.

Does this make sense ?

Not all pairs will trade in the jail break pattern, about 8-10 pairs will be trading in this pattern.

Once you get to the point where you are relaxed when you pull the trigger, you know the jail break system.

Some traders are naturals, they pick it right up.

Like me, I'm a slow learner.

But once I learn something I never forget it.

Trading forex is a beautiful way to make a nice profit everyday.

I hope you have a good weekend.
Patience, let the trade come to you.
  • #7,667
  • Mar 7, 2020 1:10am Mar 7, 2020 1:10am
Quoting Viki84
Hi All! Im back with 1 week result! Not soo much but.... 1 week! {image} {image}
very nice gain you should be proud
Forex can only be understood backwards, but it must be traded forwards.
  • #7,668
  • Mar 7, 2020 1:18am Mar 7, 2020 1:18am
Quoting prozor7
{quote} very nice gain you should be proud
Thank you!!
Time is your friend; impulse is your enemy! - John Bogle
  • #7,669
  • Mar 7, 2020 9:43pm Mar 7, 2020 9:43pm
Hi PokerChip, thank you for posting this method. I just started following this thread, are the rules still the same as described in first post?
Stay Simple, Stay Content.
  • #7,670
  • Mar 8, 2020 3:18am Mar 8, 2020 3:18am
Quoting Viki84
Hi All! Im back with 1 week result! Not soo much but.... 1 week! {image} {image}
Nice one.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,671
  • Edited 3:18pm Mar 8, 2020 2:17pm | Edited 3:18pm
Good day everyone.

Look at the pre-market levels before market opens for most pairs. JPY, EUR, AUD and CAD. Seem like my trades from last Friday holding over the weekends doesn’t seem good to me especially AUDJPY, CADJPY, EURJPY, EURAUD, EURNZD, GBPJPY, USDJPY and USDCAD. But is ok lucky because I have locked with 1 pip profits when in profits and I know there will be a market gaps up or down as mention before... seriously I’m out of the woods.. Below are the early market price. Damn it seriously... period.. period... gonna be very careful when holding trades over the weekends unless you have locked it when in profits. This market is just crazy. Speechless...
Thanks to Covid - 19 viruses that causes market to collapse/crash.
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10% buy 10% sell 80% waiting
  • #7,672
  • Mar 8, 2020 2:18pm Mar 8, 2020 2:18pm
Quoting Viki84
Hi All! Im back with 1 week result! Not soo much but.... 1 week! {image} {image}
Well done Viki84. Deserve a
10% buy 10% sell 80% waiting
  • #7,673
  • Mar 8, 2020 2:32pm Mar 8, 2020 2:32pm
Quoting TraderR0N
Good day everyone. Look at the pre-market levels before market opens for most pairs. JPY, EUR, AUD and CAD. Seem like my trades from last Friday holding over the weekends doesn’t seem good to me especially AUDJPY, CADJPY, EURJPY, EURAUD, EURNZD, GBPJPY and USDJPY and USDCAD.but is ok lucky because I have locked with 1 pip profits when in profits seriously I’m out of the woods.. here is the price images below. Damn it seriously... period.. period... gonna be very careful when holding trades over the weekends unless you have locked it when in profits....
Hi Ron, hope you are well and having/ had a good weekend. All good here and I have rested.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,674
  • Mar 8, 2020 2:32pm Mar 8, 2020 2:32pm
Nowadays it is all about the news that created all the noise and not price action trading.. Breaking all the major support and resistance area.

Just wow...
10% buy 10% sell 80% waiting
  • #7,675
  • Mar 8, 2020 2:33pm Mar 8, 2020 2:33pm
Quoting billytt
{quote} Hi Ron, hope you are well and having/ had a good weekend. All good here and I have rested.
Hi Billy.

Good to hear that bud.. hard time trading... lol.
10% buy 10% sell 80% waiting
  • #7,676
  • Mar 8, 2020 2:35pm Mar 8, 2020 2:35pm
Quoting TraderR0N
Nowadays it is all about the news and not price action trading.. Breaking all the major support and resistance area. Just wow...
Posting off my mobile as I don't have access to Pc. Dax has been doing some big moves after midnight UK. So I might just give it a try. Let's see
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,677
  • Mar 8, 2020 2:40pm Mar 8, 2020 2:40pm
Quoting billytt
{quote} Posting off my mobile as I don't have access to Pc. Dax has been doing some big moves after midnight UK. So I might just give it a try. Let's see
Trade safe bud and the rest.. seriously this market is just sucks...
10% buy 10% sell 80% waiting
  • #7,678
  • Mar 8, 2020 2:41pm Mar 8, 2020 2:41pm
Good evening TraderRON.

Just seen reports that Saudi Arabia are about to cut oil prices to $32 at the open today. (28%)

A fall in crude oil could be good for the dollar?

N
  • #7,679
  • Mar 8, 2020 2:48pm Mar 8, 2020 2:48pm
Quoting Northumbrian
Good evening TraderRON. Just seen reports that Saudi Arabia are about to cut oil prices to $32 at the open today. (28%) A fall in crude oil could be good for the dollar? N
Good evening Northumbrian,

Yes you’re right on oil.. it’s collapsing.. and now price action for most pairs looks terrible I would say.. not gonna chase the falling knife.. ha ha.. dollar will still be doing its correction to the downside and soon will see a big rally up... just have to monitor closely for the next support resistance area, trade safe risk is back..
10% buy 10% sell 80% waiting
  • #7,680
  • Mar 8, 2020 2:49pm Mar 8, 2020 2:49pm
Quoting TraderR0N
Good day everyone. Look at the pre-market levels before market opens for most pairs. JPY, EUR, AUD and CAD. Seem like my trades from last Friday holding over the weekends doesn’t seem good to me especially AUDJPY, CADJPY, EURJPY, EURAUD, EURNZD, GBPJPY, USDJPY and USDCAD. But is ok lucky because I have locked with 1 pip profits when in profits and I know there will be a market gaps up or down as mention before... seriously I’m out of the woods.. here is the price images below. Damn it seriously... period.. period... gonna be very careful when holding...
It doesn't matter whether you have stops at +1 pip or + 10 pips. As long as you have placed stops you will be stopped out at the opening price which means being stopped out with negative slippage
the cautious seldom err....C
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