The Jail Break System | Page 402 | 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

  • #8,021
  • Edited 9:48am Mar 11, 2020 9:37am | Edited 9:48am
Nice strength now for GBP

I have change all targets price for GBPAUD,
GBPNZD and EURGBP.

EURGBP will be coming down very soon.. just wait....
10% buy 10% sell 80% waiting
  • #8,022
  • Mar 11, 2020 9:47am Mar 11, 2020 9:47am
AUDCAD
ready to pop up? buy 0.89732 TP 0.92916
tight stops
Forex can only be understood backwards, but it must be traded forwards.
  • #8,023
  • Mar 11, 2020 9:50am Mar 11, 2020 9:50am
For those who trade stocks.

SPX I am 100% cash and no longer looking at swing shorts for now. I am looking potential long to trade a trading cycle low which may come early. The news flows is horrendous and price is not reacting as much. We may get another scare lower but this is dangerous for shorts...
10% buy 10% sell 80% waiting
  • #8,024
  • Mar 11, 2020 9:56am Mar 11, 2020 9:56am
GBP/USD now inside the jail house.

I look for this pair to move lower.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-g-u.png Size: 50 KB
Patience, let the trade come to you.
  • #8,025
  • Mar 11, 2020 10:03am Mar 11, 2020 10:03am
I look for GBP/USD to pick up speed and move lower inside the jail house.
Patience, let the trade come to you.
  • #8,026
  • Mar 11, 2020 10:05am Mar 11, 2020 10:05am
Quoting PokerChip
Good morning everyone.

Hi PC, hope all is well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,027
  • Mar 11, 2020 10:11am Mar 11, 2020 10:11am
Quoting TraderR0N
Hello traders, Just pop in for some heads up. Looking at my weekly chart, could see big bounce coming up for JPY cross pairs like AUDJPY, CADJPY, EURJPY, GBPJPY USDJPY and oil heading north. It will surprise all and could see USDCAD tanking down to probably close the GAPS at 1.34000ish area.. Short EURAUD at 1.73850. Target at 1.73000.

Short EURAUD target achieved at 1.73000.

Hold it longer and it will surely come.

We can’t make the best entry but we must know the direction.
Attached Image (click to enlarge)
Click to Enlarge Name: 3B2960F2-EB00-4D2E-9D0B-53E5A569A732.png Size: 951 KB
10% buy 10% sell 80% waiting
  • #8,028
  • Mar 11, 2020 10:14am Mar 11, 2020 10:14am
Quoting billytt
{quote} Hi PC, hope all is well.
Trading GBP/USD this morning.

And it finally turned around and moved lower in the jail house.
Patience, let the trade come to you.
  • #8,029
  • Mar 11, 2020 10:18am Mar 11, 2020 10:18am
Quoting PokerChip
{quote} Trading GBP/USD this morning. And it finally turned around and moved lower in the jail house.
I caught it, my main trade got 5%,
and chase the daily range at small lot caught 50 yaaaaay £250 lol.

its what I do...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,030
  • Mar 11, 2020 10:20am Mar 11, 2020 10:20am
Half way there.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-fx-glory-group-g-u.png Size: 40 KB
Patience, let the trade come to you.
  • #8,031
  • Mar 11, 2020 10:23am Mar 11, 2020 10:23am
Quoting PokerChip
Half way there. {image}
slight chance it might bounce off the 12890 area... ( 00-00 area low) OR past it ,
I am not trading now as it would be only guess work.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,032
  • Mar 11, 2020 10:25am Mar 11, 2020 10:25am
Quoting billytt
{quote} slight chance it might bounce off the 12890 area... ( 00-00 area low) OR past it , I am not trading now as it would be only guess work.
I agree, it going to bounce at some point.

The market maker has buyers trapped.
Patience, let the trade come to you.
  • #8,033
  • Mar 11, 2020 10:29am Mar 11, 2020 10:29am
Quoting PokerChip
{quote} I agree, it going to bounce at some point. The market maker has buyers trapped.
maybe 4-00 fix???
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,034
  • Mar 11, 2020 10:33am Mar 11, 2020 10:33am
Quoting billytt
{quote} maybe 4-00 fix???
I just closed the trade, 47 pips.

Didn't want to push my luck, since I never have any, lol.
Patience, let the trade come to you.
  • #8,035
  • Mar 11, 2020 10:34am Mar 11, 2020 10:34am
Hey guys, I've been reading this thread with interest over the past couple of days and it seems you've really hit upon something particularly given your spectacular results! Firstly, thank you for sharing with the community, secondly I was wondering if you ever use this methodology for anything other than forex? I personally trade the US Indexes - specifically the nasdaq and would be keen to know if you guys have used it on this? Or does forex make more sense given the large number of pairs allowing you to cherry pick what you think the best markets to trade will be rather than waiting for one particular index to setup, eg the nasdaq? Looking forward to reading your replies - no, need to rush given the super high volatility we're currently experiencing! Keep making money
  • #8,036
  • Mar 11, 2020 10:39am Mar 11, 2020 10:39am
Quoting Wellington
Hey guys, I've been reading this thread with interest over the past couple of days and it seems you've really hit upon something particularly given your spectacular results! Firstly, thank you for sharing with the community, secondly I was wondering if you ever use this methodology for anything other than forex? I personally trade the US Indexes - specifically the nasdaq and would be keen to know if you guys have used it on this? Or does forex make more sense given the large number of pairs allowing you to cherry pick what you think the best markets...
Good morning Wellington and welcome,


I've only used the jail break system on forex.

You might give it a go and try it out on everything else.

Who knows what might happen.

Poker Chip
Patience, let the trade come to you.
  • #8,037
  • Mar 11, 2020 10:58am Mar 11, 2020 10:58am
Is JPY pairs waking up from sleep or still sleeping? lol
10% buy 10% sell 80% waiting
  • #8,038
  • Mar 11, 2020 11:05am Mar 11, 2020 11:05am
Quoting TraderR0N
Is JPY pairs waking up from sleep or still sleeping? lol
I'm watching USD/JPY and it's moving side ways.

I closed out of my GBP/USD trade to soon.
Patience, let the trade come to you.
  • #8,039
  • Mar 11, 2020 11:06am Mar 11, 2020 11:06am
Pounds is going madness... roller coaster...
10% buy 10% sell 80% waiting
  • #8,040
  • Mar 11, 2020 11:07am Mar 11, 2020 11:07am
Quoting PokerChip
{quote} I'm watching USD/JPY and it's moving side ways.
Im long at 104.420. Second entry.
10% buy 10% sell 80% waiting
1 trader viewing now