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The Jail Break System

  • #8,301
  • Mar 13, 2020 1:00pm Mar 13, 2020 1:00pm
Quoting TraderR0N
{quote} Hi bud, From I see that GBPUSD will reverse long trade after FOMC and that is when dollar gets pump and dump.. That will be all good for Long GBPUSD, Short EURGBP and USDCAD. Happy weekends.
Yep, I agree.

Have a safe weekend Trader Ron.
Patience, let the trade come to you.
  • #8,302
  • Mar 13, 2020 1:02pm Mar 13, 2020 1:02pm
Quoting pamc
{quote} you are right mate. I am waiting for a wedge to develop thru asian and a fakey 20-30 pip move down on monday breaking wedge before reversal and if that is below the 1.20 low even better
1.20 wow
Patience, let the trade come to you.
  • #8,303
  • Mar 13, 2020 1:08pm Mar 13, 2020 1:08pm
Quoting PokerChip
{quote} 1.20 wow
cant but watch and wait.
  • #8,304
  • Mar 13, 2020 1:11pm Mar 13, 2020 1:11pm
Quoting pamc
{quote} cant but watch and wait.
That's right it's a waiting game now.

I'm ready.
Patience, let the trade come to you.
  • #8,305
  • Mar 13, 2020 1:13pm Mar 13, 2020 1:13pm
Being a swing trader I traded off ups and down correction, pullback, retracement and trending.

So now I’m selling AUDJPY, CADJPY, EURJPY, GBPJPY and USDJPY when targets hit I will buy them back again..

I’m killing the markets when there’s opportunity. Just do it.
10% buy 10% sell 80% waiting
  • #8,306
  • Mar 13, 2020 1:22pm Mar 13, 2020 1:22pm
Quoting TraderR0N
Being a swing trader I traded off ups and down correction, pullback, retracement and trending. So now I’m selling AUDJPY, CADJPY, EURJPY, GBPJPY and USDJPY when targets hit I will buy them back again.. I’m killing the markets when there’s opportunity. Just do it.
How low do you think USD/JPY will go when it retraces ?

I entered a sell at 107.400

Over 2 hours ago.

I have terrible timing.
Patience, let the trade come to you.
  • #8,307
  • Mar 13, 2020 1:28pm Mar 13, 2020 1:28pm
Very nice thread...Just following your analysis on AUD/USD. How do you tell that shorts are being accumulated and not the other way round?
  • #8,308
  • Mar 13, 2020 1:44pm Mar 13, 2020 1:44pm
GBP/USD 4 hour chart update.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-d1-tw-corp-g-u-3.png Size: 48 KB
Patience, let the trade come to you.
  • #8,309
  • Mar 13, 2020 2:38pm Mar 13, 2020 2:38pm
USD/JPY 4 hour chart update.

The pair has reached the start of the 2nd level.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-h4-tw-corp-u-j.png Size: 33 KB
Patience, let the trade come to you.
  • #8,310
  • Mar 13, 2020 2:44pm Mar 13, 2020 2:44pm
Quoting PokerChip
USD/JPY 4 hour chart update. The pair has reached the start of the 2nd level. {image}
Hi bud,

Yes it is coming down soon for a pullback.

I sold at 107.871 and 108.320. USDJPY.

Both prices are set as sell limit order same goes all my JPY pairs. Patience will be rewarded.
AJ, CJ, EJ, GJ and NJ.
Sometimes I do pending or market order. It’s depends.

No one can catch the right/exact precise pullback price and that is why I will have my levels to load them back.

Chat again next week.

Enjoy your weekends and good night all.
10% buy 10% sell 80% waiting
  • #8,311
  • Mar 13, 2020 3:22pm Mar 13, 2020 3:22pm
Quoting TraderR0N
{quote} Hi bud, Yes it is coming down soon for a pullback. I sold at 107.871 and 108.320. USDJPY. Both prices are set as sell limit order same goes all my JPY pairs. Patience will be rewarded. AJ, CJ, EJ, GJ and NJ. Sometimes I do pending or market order. It’s depends. No one can catch the right/exact precise pullback price and that is why I will have my levels to load them back. Chat again next week. Enjoy your weekends and good night all.
Okay, thanks.

Have a safe weekend.

See next week.
Patience, let the trade come to you.
  • #8,312
  • Mar 13, 2020 3:28pm Mar 13, 2020 3:28pm
Still here with you Pokerchip USD/JPY is reversing...out of interest, how do we best exit a pullback..? sit and look at the monitor? Wife is getting jealous lol
  • #8,313
  • Mar 13, 2020 4:06pm Mar 13, 2020 4:06pm
Last bonus trade target hit for short GBPUSD at 1.22800 before market closed.

Watch out for reversal for GBPUSD and EURUSD after FOMC.

The rest of my selling JPY pairs are healthy. Having some losses for short EURGBP atm but manageable.
Attached Image (click to enlarge)
Click to Enlarge Name: 1FD9CF0F-917E-464B-950D-2D2186F89D3F.png Size: 1.0 MB
10% buy 10% sell 80% waiting
  • #8,314
  • Mar 13, 2020 4:08pm Mar 13, 2020 4:08pm
Quoting priceey
Still here with you Pokerchip USD/JPY is reversing...out of interest, how do we best exit a pullback..? sit and look at the monitor? Wife is getting jealous lol
Ha ha. Good one. My wife have been jealous for 10 years. lol. Just kidding..

Have a great weekend.
10% buy 10% sell 80% waiting
  • #8,315
  • Mar 13, 2020 4:16pm Mar 13, 2020 4:16pm
Some very nice trade holding at the extreme top and bottom like EURGBP, AUDNZD, USDCAD, EURUSD and GBPUSD soon range will break out.

JPY cross pairs seem to bottom and starting to reverse back up and trend don’t go in straight line so now I’m selling JPY pairs at the retracement but I will still look for buy trade.... it’s a long way up heading north

Have a great weekend all.
10% buy 10% sell 80% waiting
  • #8,316
  • Mar 13, 2020 4:21pm Mar 13, 2020 4:21pm
Quoting TraderR0N
{quote} Ha ha. Good one. My wife have been jealous for 10 years. lol. Just kidding.. Have a great weekend.
Lol that makes at least two of us then I'm shutting off, all's closed, the best to all, see you the other side
  • #8,317
  • Mar 13, 2020 7:10pm Mar 13, 2020 7:10pm
Quoting priceey
Still here with you Pokerchip USD/JPY is reversing...out of interest, how do we best exit a pullback..? sit and look at the monitor? Wife is getting jealous lol
Ha ha wife getting jealous, good one.

If it was me I would exit at the 2nd level. And wait for it to retrace probably 150 pips or so and then re-enter you're buy again.

Have a good weekend.
Patience, let the trade come to you.
  • #8,318
  • Mar 14, 2020 3:11am Mar 14, 2020 3:11am
Quoting TraderR0N
Hello traders, As mention that JPY cross pairs will surprise alllllll.. here it comes, time for a pullback before uptrend resume for all JPY pairs next week. Watch out for it. Long GBPAUD target achieved at 2.01700. I’m done for the week.. Yaaaaaaaaaaay... See you guys around. {image}


Thanks Ron! I actually followed your analysis and took this trade as well. Cheers!
  • #8,319
  • Mar 14, 2020 3:21pm Mar 14, 2020 3:21pm
GBP/CHF daily chart update.

We have a reversal in the making. This is the best time for a entry.

For you traders that are having trouble finding the levels when you have a chart like this.

You need to look all the left way to left to find the levels.

I have underlined these levels in red so you can identify them.

The next time you see a free falling chart only on the daily chart, all you'll need to do is look all the way to the left to find these levels.

Have a great weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchfi-d1-tw-corp-g-c-2.png Size: 48 KB
Patience, let the trade come to you.
  • #8,320
  • Edited 5:08pm Mar 14, 2020 4:56pm | Edited 5:08pm
Quoting benjamintoh8
{quote} Thanks Ron! I actually followed your analysis and took this trade as well. Cheers!
Hi Ben,

Nice catch.

Have a great weekend.
10% buy 10% sell 80% waiting
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