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The Jail Break System

  • #8,121
  • Mar 12, 2020 3:55am Mar 12, 2020 3:55am
Quoting prozor7
{quote} sorry I don't understand you will do what @ what price (candle) 1 - buy 2 - sell
Hi P,
Attached Image

O = 00-00 4 hour bar. high 12849 and Low 12815,,, range 34.

When/if the high breaks i long.
if/when the low breaks i short.
That simple lol i have the 34 range and play it against the 154 average daily range, but i take part of it.

i nalos look at the past 5 daily candles/bars, so 108, 103, 166, 222, 172.
so i will focus on 100 range..

Keep asking questions and i will gladly answer
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,122
  • Mar 12, 2020 4:03am Mar 12, 2020 4:03am
Cable,,,, 00-00 4 hour bar break
Attached Image


) = 00-00 4hr bar.
A = adr area line.
l
t 09-03
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,123
  • Mar 12, 2020 4:06am Mar 12, 2020 4:06am
Quoting billytt
{quote} Hi P, {image} O = 00-00 4 hour bar. high 12849 and Low 12815,,, range 34. When/if the high breaks i long. if/when the low breaks i short. That simple lol i have the 34 range and play it against the 154 average daily range, but i take part of it. i nalos look at the past 5 daily candles/bars, so 108, 103, 166, 222, 172. so i will focus on 100 range.. Keep asking questions and i will gladly answer
if I may sugset to post simpler post instead of this
When/if the high breaks i long.
if/when the low breaks i short.
to this
from 1.28257 long TP 34 pips to play
from 1.28150 short TP 34 pips to play
Forex can only be understood backwards, but it must be traded forwards.
  • #8,124
  • Mar 12, 2020 4:13am Mar 12, 2020 4:13am
AUDCAD
AUD is overstretched (sell)
pay attention to 0.88457 - 0.88370 as potential buy TP 0.88746 - 0.88944
buy 0.88508
Forex can only be understood backwards, but it must be traded forwards.
  • #8,125
  • Mar 12, 2020 4:20am Mar 12, 2020 4:20am
Quoting prozor7
{quote} if I may sugset to post simpler post instead of this When/if the high breaks i long. if/when the low breaks i short. to this from 1.28257 long TP 34 pips to play from 1.28150 short TP 34 pips to play
Hi P,
i put figures down so people can actually plot themselves due to Time difference.
i am telling you how i actually trade.

Every trade i post is usually before it happens not after.
hence the charts and numbers.

i see what you mean though. lol
trade well bud
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,126
  • Mar 12, 2020 4:30am Mar 12, 2020 4:30am
Quoting prozor7
AUDCAD AUD is overstretched (sell) pay attention to 0.88457 - 0.88370 as potential buy TP 0.88746 - 0.88944 buy 0.88508
AUDCAD
CAD is overstretched (buy) pay attention to 0.88457 - 0.88370 as potential buy TP 0.88746 - 0.88944 buy 0.88508
Forex can only be understood backwards, but it must be traded forwards.
  • #8,127
  • Mar 12, 2020 4:33am Mar 12, 2020 4:33am
Cable,
should we have retrace up, the adr high area is
Attached Image


i personally would look for a 100 range tto play.

Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,128
  • Mar 12, 2020 4:36am Mar 12, 2020 4:36am
GBPCAD
GBP is overstreatched (sell)
pay attention to 1.75438 - 1.75303
GAP closing @ 1.75170
Forex can only be understood backwards, but it must be traded forwards.
  • #8,129
  • Mar 12, 2020 5:02am Mar 12, 2020 5:02am
Hi,

In the meantime I have become cautious about the upheaval in EUR-CAD.
But it should all speak for the fact that it will go down in EUR-CAD.

In the H4 the ACS trend has already switched to sell and in the Pips28 (CCI) the H4 is also already on sell.
In the other images the trend indicator (H4) has already switched to the beginning of sell.

Greetings Ritter3
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.jpeg Size: 452 KB
Click to Enlarge Name: Image2.png Size: 89 KB
  • #8,130
  • Mar 12, 2020 5:04am Mar 12, 2020 5:04am
Quoting Ritter3
Hi, In the meantime I have become cautious about the upheaval in EUR-CAD. But it should all speak for the fact that it will go down in EUR-CAD. In the H4 the ACS trend has already switched to sell and in the Pips28 (CCI) the H4 is also already on sell. In the other images the trend indicator (H4) has already switched to the beginning of sell. Greetings Ritter3 {image} {image}
Greetings to you too Bud.
good info.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,131
  • Mar 12, 2020 5:05am Mar 12, 2020 5:05am
Cable, 100 range done, i am out, that failed trade is ok. That btrade should not of happened.

trade well all.
t 10-05
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,132
  • Mar 12, 2020 5:15am Mar 12, 2020 5:15am
AUDNZD
potential long 1.02636 - 1.02369 TP 1.03842
Forex can only be understood backwards, but it must be traded forwards.
  • #8,133
  • Mar 12, 2020 5:16am Mar 12, 2020 5:16am
Quoting billytt
Cable, should we have retrace up, the adr high area is {image} i personally would look for a 100 range tto play. Trade well all.
Hi Billy. Should be a warm day in forest.

When you have first break fail and then you have break on the opposite of the 00-00 bar shall we say. Do you increase position size on the counter.

something I’m working on is aim for 10 pips on the first break. If I get it. - job done.

if it fails aim for 20pips with increased position size so you end up winning regardless.

I did some back testing last 50 days and there was only once i would had to help a counter for just
under 2 months in order to get my $$$.

I also understand if the range is to big it’s best to walk away.

i want to keep it simple so I will only focus on GU 00-00 4 hr and the 8-00 15 mins aiming for 5 pre-spread

hope you can help my fellow Dorset buddy.
  • #8,134
  • Mar 12, 2020 5:40am Mar 12, 2020 5:40am
Quoting RieseP
{quote} Hi Billy. Should be a warm day in forest. When you have first break fail and then you have break on the opposite of the 00-00 bar shall we say. Do you increase position size on the counter. something I’m working on is aim for 10 pips on the first break. If I get it. - job done. if it fails aim for 20pips with increased position size so you end up winning regardless. I did some back testing last 50 days and there was only once i would had to help a counter for just under 2 months in order to get my $$$. I also understand if the range is to...
You have nailed it,
i will increase my lot size, i will counter.
I trade stats, percentages, odds etc.
if my stats are for example,, 20 , i take 10,
if my lot size is 10 per pip, i trade at 5 per pip,

Cable,,,, forget brexit/virus on a very rare occasion we may get a very short range 40ish <<< rare.
another normal bad range is 70 less rare, but 90 + is the norm.
We play the daily range or part of it, because we know it will happen.

First break i look for half of the 00-00 range then close.
OR, get to 5-% of 00-00 range then add on/compound.
First break we do not know how far the move will go, but after a retrace it is easier.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,135
  • Mar 12, 2020 5:42am Mar 12, 2020 5:42am
AUD in sell season how far?
AUDCAD
buy 0.88369
Forex can only be understood backwards, but it must be traded forwards.
  • #8,136
  • Mar 12, 2020 6:00am Mar 12, 2020 6:00am
AUDNZD
pending buy @ 1.02860
Forex can only be understood backwards, but it must be traded forwards.
  • #8,137
  • Mar 12, 2020 6:02am Mar 12, 2020 6:02am
Quoting prozor7
NZDJPY JPY is overstretch (sell) potential short @ 66.461 pay attention to possible up to 67.071 as SL
protect shorts
Forex can only be understood backwards, but it must be traded forwards.
  • #8,138
  • Mar 12, 2020 6:19am Mar 12, 2020 6:19am
AUDJPY
AUD is overstretched (sell)
pay attention to 66.106 - 65.813 as potential buy
Forex can only be understood backwards, but it must be traded forwards.
  • #8,139
  • Mar 12, 2020 6:40am Mar 12, 2020 6:40am
AUDUSD
USD is overstretched (buy)
pay attention to 0.63759 as potential long
Forex can only be understood backwards, but it must be traded forwards.
  • #8,140
  • Mar 12, 2020 6:41am Mar 12, 2020 6:41am
Quoting billytt
Cable, 100 range done, i am out, that failed trade is ok. That btrade should not of happened. trade well all. t 10-05
I managed to get my 3 in for the day. Closed at 1.2750 when it started puttering about. My add ons save me chasing the full range.
I see it is moving again but I'm done. It's sunny outside...

Current level of 1.2720 fairly signifcant possibly. Could bounce or drop...
Private Msgs are turned off to weirdos, loafs and brain drainers
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