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The Jail Break System

  • #8,541
  • Mar 16, 2020 10:53am Mar 16, 2020 10:53am
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 indicators are needed, use bigger time-frame (MN, W1, D1) with ADR (Average Day Range) study charts, compare with others targets and if they are the same you are good to go.
Forex can only be understood backwards, but it must be traded forwards.
  • #8,542
  • Mar 16, 2020 10:53am Mar 16, 2020 10:53am
Quoting prozor7
{quote} no indicators are needed, use bigger time-frame (MN, W1, D1) with ADR (Average Day Range) study charts, compare with others targets and if they are the same you are good to go.

Well said.. absolutely agree... Daily, Weekly
10% buy 10% sell 80% waiting
  • #8,543
  • Mar 16, 2020 10:56am Mar 16, 2020 10:56am
Wow at least I have caught the short USDCAD trade at 1.40000 hard to crack this level as mention hopefully more down to come.. will hold it longer and waiting for oil to recover at the same time. Pls show some love... lol
10% buy 10% sell 80% waiting
  • #8,544
  • Mar 16, 2020 11:01am Mar 16, 2020 11:01am
GBPUSD still hard to crack below 1.22000.

If it breaks below 1.22000 and stays below. It will not be looking good for the bulls. 1.20 - 1.18 will be next long term targets for bears..

@Pamc - You are right if it breaks below 1.22000.
10% buy 10% sell 80% waiting
  • #8,545
  • Mar 16, 2020 11:06am Mar 16, 2020 11:06am
Quoting TraderR0N
{quote} 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.
thank you for this compliment, it means a lot to me coming from you.

how do you deal with doubts
Forex can only be understood backwards, but it must be traded forwards.
  • #8,546
  • Mar 16, 2020 11:10am Mar 16, 2020 11:10am
Quoting prozor7
{quote} thank you for this compliment, it means a lot to me coming from you. how do you deal with doubts
Please don’t say that bud..

This I don’t quite understand your question. How do I deal with doubts?
10% buy 10% sell 80% waiting
  • #8,547
  • Mar 16, 2020 11:11am Mar 16, 2020 11:11am
Anyone in for long EURUSD, long USDJPY and short USDCAD?
10% buy 10% sell 80% waiting
  • #8,548
  • Mar 16, 2020 11:16am Mar 16, 2020 11:16am
Quoting TraderR0N
Anyone in for long EURUSD, long USDJPY and short USDCAD?
me111 too
  • #8,549
  • Mar 16, 2020 11:17am Mar 16, 2020 11:17am
Im also in for long again for EURAUD and EURNZD.
10% buy 10% sell 80% waiting
  • #8,550
  • Mar 16, 2020 11:17am Mar 16, 2020 11:17am
Quoting pamc
{quote} me111 too
Nice mate..
10% buy 10% sell 80% waiting
  • #8,551
  • Mar 16, 2020 11:19am Mar 16, 2020 11:19am
Long EURAUD, EURNZD and EURUSD seem a good trade.

Target for EURAUD - 1.83000.

Target for EURNZD - 1.85000.

Target for EURUSD - 1.12100 - 1.12500.

Just needed time and patience.
10% buy 10% sell 80% waiting
  • #8,552
  • Mar 16, 2020 11:27am Mar 16, 2020 11:27am
Quoting TraderR0N
{quote}This I don’t quite understand your question. How do I deal with doubts?
mistrust, doubt and all that negative thoughts that came to head...

how did you solve that problem?
Forex can only be understood backwards, but it must be traded forwards.
  • #8,553
  • Mar 16, 2020 11:32am Mar 16, 2020 11:32am
Quoting prozor7
{quote} mistrust, doubt and all that negative thoughts that came to head... how did you solve that problem?
You need to be a technical trader.

Trade what you see.

Forget about emotions.
Patience, let the trade come to you.
  • #8,554
  • Mar 16, 2020 11:32am Mar 16, 2020 11:32am
Quoting prozor7
{quote} mistrust, doubt and all that negative thoughts that came to head... how did you solve that problem?
I usually hang around with people/traders with positive mindset and you will be positive as well.. it works.

Think what you facing right now is emotion with bad trades I do have that feeling too.. especially when we are trading it big.
10% buy 10% sell 80% waiting
  • #8,555
  • Mar 16, 2020 11:35am Mar 16, 2020 11:35am
USD/JPY

I'm in at 106.004
Patience, let the trade come to you.
  • #8,556
  • Mar 16, 2020 11:36am Mar 16, 2020 11:36am
USDCAD is dropping and USDJPY is going up and up to my target at 106.500.
10% buy 10% sell 80% waiting
  • #8,557
  • Mar 16, 2020 11:40am Mar 16, 2020 11:40am
Quoting PokerChip
USD/JPY I'm in at 106.004
Im at 105.780.
10% buy 10% sell 80% waiting
  • #8,558
  • Mar 16, 2020 11:42am Mar 16, 2020 11:42am
Oil has to recover and I think it will then will see USDCAD bang down hard.. still targeting at 1.39000 - 1.38500.
10% buy 10% sell 80% waiting
  • #8,559
  • Mar 16, 2020 11:48am Mar 16, 2020 11:48am
GBPUSD is going up soooooon.... Yawning...
10% buy 10% sell 80% waiting
  • #8,560
  • Mar 16, 2020 11:51am Mar 16, 2020 11:51am
Simple facts - when the Dow is down dollar will be up. Hopefully we could see some stocks recovering which I think it will... Trump loves stocks hates dollars to be strong. lol
10% buy 10% sell 80% waiting
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