The Jail Break System | Page 410 | Forex Factory

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The Jail Break System

  • #8,181
  • Mar 12, 2020 9:57am Mar 12, 2020 9:57am
Hey guys,

When trading long for most JPY pairs.
Just got to be more patience. Range is huge and just let it run to the extreme.. soon will surprise all..
10% buy 10% sell 80% waiting
  • #8,182
  • Mar 12, 2020 10:00am Mar 12, 2020 10:00am
Quoting Sorel
{quote} Hi billytt, Yes you're right. I was a bit late on this entry. Need to work on timing
Hi S,
i was just commenting on the fact, maybe others will look at inside bars.
They are useful, and can be an aid for your own method.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,183
  • Mar 12, 2020 10:02am Mar 12, 2020 10:02am
Quoting PokerChip
{quote} Here's a good story. I worked everyday 7 days a week at my pizza business I started when I was 26 years old. Each year it did better and better. On October 16th 1987 I sold my pizza business to new owners that I started on December 20th 1982. The following Monday October 19th the stock market crashed 508 points. The new owners called me up and this is a quote " hey what did you do to use ? " I said what are you talking about. " They said the stock market crashed ". I said how would I know if the stock market was going to crash ? They were...
lol, so what did you do
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,184
  • Mar 12, 2020 10:04am Mar 12, 2020 10:04am
is Cable on a mini jail break???? 15 minute time frame.
t 15-03
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,185
  • Mar 12, 2020 10:05am Mar 12, 2020 10:05am
I have waited 3 days for my Long GBPAUD to get hit..

Finally Long GBPAUD target achieved at 1.99500.

Sitting at 40% + profits overall. I can’t be happy enough.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 80F4ED53-A5B4-4165-82AB-1E84D14AAD8B.png Size: 1,016 KB
Click to Enlarge Name: E7F05F07-DD46-44F1-BEF3-7374DBC53999.png Size: 977 KB
10% buy 10% sell 80% waiting
  • #8,186
  • Mar 12, 2020 10:11am Mar 12, 2020 10:11am
Quoting TraderR0N
I have waited 3 days for my Long GBPAUD to get hit.. Finally Long GBPAUD target achieved at 1.99500. Sitting at 40% + profits overall. I can’t be happy enough. {image} {image}
nice one bud, drinks all round
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,187
  • Mar 12, 2020 10:12am Mar 12, 2020 10:12am
Quoting billytt
{quote} nice one bud, drinks all round
Thanks bud..
10% buy 10% sell 80% waiting
  • #8,188
  • Mar 12, 2020 10:13am Mar 12, 2020 10:13am
10% buy 10% sell 80% waiting is true.
10% buy 10% sell 80% waiting
  • #8,189
  • Mar 12, 2020 10:15am Mar 12, 2020 10:15am
BRB
10% buy 10% sell 80% waiting
  • #8,190
  • Mar 12, 2020 10:19am Mar 12, 2020 10:19am
Quoting TraderR0N
{quote} Hi Sorel, Your chart looks good and fast learner too. Keep it up and you will reach there.
Hi Ron,

Thanks for your words of encouragement.
I have been studying the first 100 pages for now and will try to catch up over the weekend. This thread is really a wealth of information!
  • #8,191
  • Mar 12, 2020 10:23am Mar 12, 2020 10:23am
Hello TraderRON

I'm still in a short with EURGBP and had another DD of about 17% but is now starting to head south

I know you talked about TP of .86600 a few days ago so I'm not sure if you are still in this 'nice short trade'?

I know ECB were talking about the possibility of interest rate cuts. Also now that USA are keeping out of the Schengen Area, this could have detrimental economic implications to Euro?

I am sure MM's will use all this to their own benefit.

Regards, N
  • #8,192
  • Mar 12, 2020 10:30am Mar 12, 2020 10:30am
Quoting billytt
{quote} Hi S, i was just commenting on the fact, maybe others will look at inside bars. They are useful, and can be an aid for your own method.
I agree 100%. In this situation I could probably even use a buy stop above the high of the first inside bar to get a better fill
  • #8,193
  • Mar 12, 2020 10:32am Mar 12, 2020 10:32am
Quoting billytt
{quote} lol, so what did you do
I just told them they have a established client base and not to worry.

And people have to eat.
Patience, let the trade come to you.
  • #8,194
  • Mar 12, 2020 10:34am Mar 12, 2020 10:34am
Quoting billytt
{quote} nice one bud, drinks all round
Nice job sir Billy.
Patience, let the trade come to you.
  • #8,195
  • Mar 12, 2020 10:35am Mar 12, 2020 10:35am
Quoting TraderR0N
BRB
USD/JPY has grown wings.

Nice to be un stuck.

Ha, won't be last time.
Patience, let the trade come to you.
  • #8,196
  • Mar 12, 2020 10:50am Mar 12, 2020 10:50am
GBP/USD 4 hour chart.

The pair is in a nose dive.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-g-u-2.png Size: 45 KB
Patience, let the trade come to you.
  • #8,197
  • Mar 12, 2020 11:12am Mar 12, 2020 11:12am
GBP/USD 4 hour chart update.

Still looking for the retracement.

Moving closer to the reversal territory.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-d1-tw-corp-g-u.png Size: 48 KB
Patience, let the trade come to you.
  • #8,198
  • Mar 12, 2020 11:19am Mar 12, 2020 11:19am
AUD
showing some strength
long AUDCAD, AUDCHF, AUDJPY, AUDNZD AUDUSD
Forex can only be understood backwards, but it must be traded forwards.
  • #8,199
  • Mar 12, 2020 11:29am Mar 12, 2020 11:29am
CHF
selling season ????
Forex can only be understood backwards, but it must be traded forwards.
  • #8,200
  • Mar 12, 2020 12:46pm Mar 12, 2020 12:46pm
Quoting Sorel
Went long USDJPY at 104.38. Tp at 107 for now. TP reached on NC short at 0.85200 {image}
Took profit at 105.07. UJ struggled to break 106 so i preferred closing.
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