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The Jail Break System

  • #8,541
  • Mar 16, 2020 12:53pm Mar 16, 2020 12:53pm
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 12:53pm Mar 16, 2020 12:53pm
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 12:56pm Mar 16, 2020 12:56pm
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 1:01pm Mar 16, 2020 1:01pm
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 1:06pm Mar 16, 2020 1:06pm
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 1:10pm Mar 16, 2020 1:10pm
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 1:11pm Mar 16, 2020 1:11pm
Anyone in for long EURUSD, long USDJPY and short USDCAD?
10% buy 10% sell 80% waiting
  • #8,548
  • Mar 16, 2020 1:16pm Mar 16, 2020 1:16pm
Quoting TraderR0N
Anyone in for long EURUSD, long USDJPY and short USDCAD?
me111 too
  • #8,549
  • Mar 16, 2020 1:17pm Mar 16, 2020 1:17pm
Im also in for long again for EURAUD and EURNZD.
10% buy 10% sell 80% waiting
  • #8,550
  • Mar 16, 2020 1:17pm Mar 16, 2020 1:17pm
Quoting pamc
{quote} me111 too
Nice mate..
10% buy 10% sell 80% waiting
  • #8,551
  • Mar 16, 2020 1:19pm Mar 16, 2020 1:19pm
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 1:27pm Mar 16, 2020 1:27pm
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 1:32pm Mar 16, 2020 1:32pm
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 1:32pm Mar 16, 2020 1:32pm
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 1:35pm Mar 16, 2020 1:35pm
USD/JPY

I'm in at 106.004
Patience, let the trade come to you.
  • #8,556
  • Mar 16, 2020 1:36pm Mar 16, 2020 1:36pm
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 1:40pm Mar 16, 2020 1:40pm
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 1:42pm Mar 16, 2020 1:42pm
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 1:48pm Mar 16, 2020 1:48pm
GBPUSD is going up soooooon.... Yawning...
10% buy 10% sell 80% waiting
  • #8,560
  • Mar 16, 2020 1:51pm Mar 16, 2020 1:51pm
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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