The Jail Break System | Page 405 | Forex Factory

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The Jail Break System

  • #8,081
  • Mar 11, 2020 10:06am Mar 11, 2020 10:06am
See you guys around.
10% buy 10% sell 80% waiting
  • #8,082
  • Mar 11, 2020 10:08am Mar 11, 2020 10:08am
Quoting TraderR0N
See you guys around.
Good night Trader Ron.
Patience, let the trade come to you.
  • #8,083
  • Mar 11, 2020 10:25am Mar 11, 2020 10:25am
Quoting TraderR0N
See you guys around.
see you in the morning
Forex can only be understood backwards, but it must be traded forwards.
  • #8,084
  • Mar 11, 2020 10:30am Mar 11, 2020 10:30am
GBPUSD
1.28634 tough to break long? TP 1.29910 TP2 - 1.33725
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #8,085
  • Mar 11, 2020 12:37pm Mar 11, 2020 12:37pm
GBP/USD 4 hour chart update.
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.
  • #8,086
  • Mar 11, 2020 12:57pm Mar 11, 2020 12:57pm
Quoting PokerChip
GBP/USD 4 hour chart update. {image}
Sorry - me old eyes are playing up - where are the Rail Road Track Candles please ?
every Saint has a past. Every Sinner has a Future
  • #8,087
  • Mar 11, 2020 1:42pm Mar 11, 2020 1:42pm
USD/JPY 4 hour chart update.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-h4-tw-corp-u-j.png Size: 34 KB
Patience, let the trade come to you.
  • #8,088
  • Mar 11, 2020 1:48pm Mar 11, 2020 1:48pm
Quoting turnip15
{quote} Sorry - me old eyes are playing up - where are the Rail Road Track Candles please ?
Here is the daily GBP/USD 4 hour chart.

You can see the railroad tracks inside the jail box.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-d1-tw-corp-g-u.png Size: 47 KB
Patience, let the trade come to you.
  • #8,089
  • Mar 11, 2020 2:02pm Mar 11, 2020 2:02pm
GBPJPY
JPY is overstretched (buy)
pay attention to 133.556 - 132.611 as potential long TP 135.420
Forex can only be understood backwards, but it must be traded forwards.
  • #8,090
  • Mar 11, 2020 2:36pm Mar 11, 2020 2:36pm
What a day...main lesson from today - need to reign in my number of trades and focus on the big fish. I'm no PokerChip nor TraderRON...yet Leaving a few to run overnight with fingers crossed...you guys are an awesome group - goodnight and G pips to all
  • #8,091
  • Mar 11, 2020 4:05pm Mar 11, 2020 4:05pm
Quoting priceey
What a day...main lesson from today - need to reign in my number of trades and focus on the big fish. I'm no PokerChip nor TraderRON...yet Leaving a few to run overnight with fingers crossed...you guys are an awesome group - goodnight and G pips to all
If one of your trades is a buy on USD/JPY you'll be good.

If you are short GBP/USD you might be in trouble because this pair is going to retrace to around 1.28800.

Good luck.
Patience, let the trade come to you.
  • #8,092
  • Mar 11, 2020 6:41pm Mar 11, 2020 6:41pm
I just entered early buy positions for GJ. Quick downmove just now and close to bottom of the box formation.
My noob observation: correlation with US500 movements.
Entities should not be multiplied without necessity - Occam's razor
  • #8,093
  • Mar 11, 2020 7:30pm Mar 11, 2020 7:30pm
Hi PokerChip,

I have stumbled on your thread a few days ago and I must say that I find your charts and your insight extremely interesting.

I have been practicing while reading your posts and I would like to post a few charts to see if my levels are correct or if I’ve made a mistake somewhere. I trade mainly off the H4 chart.
I would really appreciate your feedback, or feedback from any of the traders on this thread.

Best regards,

Sorel
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 68 KB
Click to Enlarge Name: AUDCADH4.png Size: 81 KB
Click to Enlarge Name: USDJPYH4.png Size: 80 KB
  • #8,094
  • Mar 11, 2020 11:29pm Mar 11, 2020 11:29pm
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #8,095
  • Mar 11, 2020 11:29pm Mar 11, 2020 11:29pm
Quoting billytt
morning, from New Forest,UK.
good morning b,
hope you are well
Forex can only be understood backwards, but it must be traded forwards.
  • #8,096
  • Mar 11, 2020 11:30pm Mar 11, 2020 11:30pm
Quoting prozor7
{quote} good morning b, hope you are well
Hi P, same to you. Hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,097
  • Mar 11, 2020 11:32pm Mar 11, 2020 11:32pm
Cable. i got 6 points and have just gone short again at 12810.
will play the 00-00 4 hr range of 16.t 06-32
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,098
  • Mar 11, 2020 11:46pm Mar 11, 2020 11:46pm
Quoting billytt
Cable. i got 6 points and have just gone short again at 12810. will play the 00-00 4 hr range of 16.t 06-32
another +6.

i have another short on and now i am playing chase the daily range.
plus i want the 00 out if the way,
The first break is always harder to determine the range.
t 06-46
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,099
  • Mar 11, 2020 11:57pm Mar 11, 2020 11:57pm
Quoting billytt
{quote} another +6. i have another short on and now i am playing chase the daily range. plus i want the 00 out of the way, The first break is always harder to determine the range. t 06-46

what ever happens i have another 5, currently running at +20.

Like i said, we have the first breakm BUT HOW FAR WILL IT GO?????????.
If it retraces to break High, we have a better chance of plotting the daily range.
t 06-57
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,100
  • Mar 12, 2020 12:05am Mar 12, 2020 12:05am
short closed and now wanting it to bounce down off 12810 00-00 low break.
I will short again.
t 07-05
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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