The Jail Break System | Page 427 | Forex Factory

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The Jail Break System

  • #8,521
  • Mar 16, 2020 12:01pm Mar 16, 2020 12:01pm
Quoting PokerChip
{quote} You're welcome for thread and information, and by the way this is everyone's thread. On every Saturday rain or shine I try to find 1-3 pairs to trade for the next week. As of right now, they're GBP/USD, USD/JPY, and XAU/USD (gold) There are about 8-10 pairs that work well with the jail break system. The GBP pairs, JPY pairs, USD pairs and Gold from time to time. Forex trading is addicting, and if you're not careful you can make money, which just happens to be the root of all evil. But seriously, we need money to survive in this world today....
PokerChip,

thank you so much for your detailed and long reply it has so much valuable information.

Information which pairs are best to trade is very valuable!

I'm going to work hard so that I can become as good as you guys!
  • #8,522
  • Mar 16, 2020 12:04pm Mar 16, 2020 12:04pm
Quoting PokerChip
{quote} That's what this thread is all about, is sharing good knowledge. No reason in the world not to help a fellow trader. I can only speak for myself, but when I see a trader that's been in this thread asking questions and learning and making good trades. That makes me feel like were accomplishing everything that this thread is all about.
starting from page 1 post 1 up to today 03.16.2020. there is no single insult, ego trip, humiliations others.... in my opinion only thread that is close to yours was THV by cobraforex from 2008.

it is quite accomplishment you should be proud
Forex can only be understood backwards, but it must be traded forwards.
  • #8,523
  • Mar 16, 2020 12:05pm Mar 16, 2020 12:05pm
Quoting PokerChip
{quote} You're welcome for thread and information, and by the way this is everyone's thread. On every Saturday rain or shine I try to find 1-3 pairs to trade for the next week. As of right now, they're GBP/USD, USD/JPY, and XAU/USD (gold) There are about 8-10 pairs that work well with the jail break system. The GBP pairs, JPY pairs, USD pairs and Gold from time to time. Forex trading is addicting, and if you're not careful you can make money, which just happens to be the root of all evil. But seriously, we need money to survive in this world today....


And with that note, I bid you all good night or bye for now. Still holding USDCAD buy, &USDJPY sell and EURGBPsell, GU Buy. All turned negative (for now).nice formations are forming for tomorrows TP targets. never fret, no room for stress here. keep safe all. Time for some life away from screen.
best wishes all
  • #8,524
  • Mar 16, 2020 12:07pm Mar 16, 2020 12:07pm
Guys,probably everybody noticed higher ADR lately
but just for sake of curiosity I've entered numbers to my old excel tab.
You can compare.
Attached Image (click to enlarge)
Click to Enlarge Name: ADR Capture.JPG Size: 94 KB
Whether you think you can, or you think you can't,you're right. H.F.
  • #8,525
  • Mar 16, 2020 12:09pm Mar 16, 2020 12:09pm
Quoting prozor7
{quote} starting from page 1 post 1 up to today 03.16.2020. there is no single insult, ego trip, humiliations others.... in my opinion only thread that is close to yours was THV by cobraforex from 2008. it is quite accomplishment you should be proud

Yes, and what a pleasant surprise huh? No F*****g trolls or negative personalities here since day one.
  • #8,526
  • Mar 16, 2020 12:14pm Mar 16, 2020 12:14pm
Quoting tmxp100d
{quote} PokerChip, thank you so much for your detailed and long reply it has so much valuable information. Information which pairs are best to trade is very valuable! I'm going to work hard so that I can become as good as you guys!
When you look down at the right hand corner of you're monitor when you're in a trade and you see you're profit going up trade after trade.

You know you're learning.

Nobody can never take this knowledge away from you.
Patience, let the trade come to you.
  • #8,527
  • Mar 16, 2020 12:18pm Mar 16, 2020 12:18pm
Quoting prozor7
{quote} starting from page 1 post 1 up to today 03.16.2020. there is no single insult, ego trip, humiliations others.... in my opinion only thread that is close to yours was THV by cobraforex from 2008. it is quite accomplishment you should be proud
Thank you sir, we have a good team here.

It's all about helping each other.

Life's to short.
Patience, let the trade come to you.
  • #8,528
  • Mar 16, 2020 12:23pm Mar 16, 2020 12:23pm
Hi PokerChip.

Im proudly glad that I have found this thread with no trolls around hopefully not if not I will be backing off again haha.. back then was here since 2010 and left to telegram with a group of good traders and came back here..

Thanks for the Jail Break Club Membership mate.

Good people good traders around.. remember we are all here to make money nothing else.. That is all about.
10% buy 10% sell 80% waiting
  • #8,529
  • Mar 16, 2020 12:23pm Mar 16, 2020 12:23pm
I want to buy GBP/USD again.

Probably wait until tomorrow.

Dropping again.
Patience, let the trade come to you.
  • #8,530
  • Mar 16, 2020 12:27pm Mar 16, 2020 12:27pm
Quoting PokerChip
I want to buy GBP/USD again. Probably wait until tomorrow. Dropping again.
My second level of price activated at 1.22000. GBPUSD.
10% buy 10% sell 80% waiting
  • #8,531
  • Mar 16, 2020 12:27pm Mar 16, 2020 12:27pm
Hi PC and Ron
I should learn more about this technic, hope someday i can be one of you
More patience and keep watch the blue box
Any indicator should i put on my chart?
Never stop learning
  • #8,532
  • Mar 16, 2020 12:28pm Mar 16, 2020 12:28pm
Quoting Lubis82
Hi PC and Ron I should learn more about this technic, hope someday i can be one of you More patience and keep watch the blue box Any indicator should i put on my chart?
No need indicators on chart. My advice is look to the left and look for rejections level. That will be all good to go.
10% buy 10% sell 80% waiting
  • #8,533
  • Mar 16, 2020 12:30pm Mar 16, 2020 12:30pm
Quoting PokerChip
I want to buy GBP/USD again. Probably wait until tomorrow. Dropping again.
Did i put a curse on this on Friday for 1.20. well am in it with u guys and if it does go 1.20ish will re enter till it goes 1.27200ish
  • #8,534
  • Mar 16, 2020 12:30pm Mar 16, 2020 12:30pm
Quoting TraderR0N
{quote} Hi mate, USDCAD. Am in sold at 1.39288 and 1.39500 and set pending sell limit at 1.40000 if reach too.
My last price got activated at 1.40000. USDCAD.
10% buy 10% sell 80% waiting
  • #8,535
  • Mar 16, 2020 12:32pm Mar 16, 2020 12:32pm
Quoting Lubis82
Hi PC and Ron I should learn more about this technic, hope someday i can be one of you More patience and keep watch the blue box Any indicator should i put on my chart?
only useful one is the ADR marker. find it in the files posted
  • #8,536
  • Mar 16, 2020 12:33pm Mar 16, 2020 12:33pm
I will be buying EURUSD at 1.11600.
Target at 1.12100 - 1.12500.
10% buy 10% sell 80% waiting
  • #8,537
  • Mar 16, 2020 12:40pm Mar 16, 2020 12:40pm
Quoting TraderR0N
I will be buying EURUSD at 1.11600. Target at 1.12100 - 1.12500.
huge masses of pending orders 1.12400-1.12700, 1.13200-1.14
  • #8,538
  • Mar 16, 2020 12:41pm Mar 16, 2020 12:41pm

Quoting TraderR0N
{quote} No need indicators on chart. My advice is look to the left and look for rejections level. That will be all good to go.
Gold
  • #8,539
  • Mar 16, 2020 12:49pm Mar 16, 2020 12:49pm
Quoting pamc
{quote} huge masses of pending orders 1.12400-1.12700, 1.13200-1.14
Yea mate waiting to sell at that huge levels all the way down... 1.12700 is my levels for selling back down.
10% buy 10% sell 80% waiting
  • #8,540
  • Mar 16, 2020 12:52pm Mar 16, 2020 12:52pm
Quoting prozor7
{quote} I sold my business and got early retire. my daughter is passionate for trading (she is good) but I'm afraid that I'm not good mentor for her. frustrating episodes that I have is definitely not good influence. no matter what you have doing in your life, (I have a vivid life experience), trading is in my opinion most difficult occupation that will bring all the worst in you in matter of seconds.
Wow good to hear that bud..

Some times it is due to the market noise that screw up the trade.. you can teach and you have the skills by looking at your chart levels price and you know where is heading too.
10% buy 10% sell 80% waiting
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