The Jail Break System | Page 480 | Forex Factory

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The Jail Break System

  • #9,581
  • Mar 25, 2020 10:48am Mar 25, 2020 10:48am
Cable is heavily manipulated for whole day in down trending.
IMHO time is up, it is about to turn north. Lets see how it goes.
  • #9,582
  • Mar 25, 2020 10:49am Mar 25, 2020 10:49am
[quote=billytt;12836807]
Quoting fistno
{quote} I stopby to say hello to TraderRon. i don't like troll too. Hope you recover soon. PC do react fast to remove him. Respected. Some people just hoping to to gain million dollars in fast track. Some just hope to see someone fail when they can't achieve the result. Traders wannabe need to know that there is winning and losing trades everytime. Below pic is my account balance graph. I am not a pro trader. Today I am down in my tra Keep your head and you will get it back. Trade well.
Hi Billytt

Thanks for the nice words. Yes, i will.
Trading is now my number one hobbit. =)
  • #9,583
  • Mar 25, 2020 10:49am Mar 25, 2020 10:49am
AUDNZD
breaking 1.02565 - 1.02719 up to 1.03353 - 1.03842
price should not break 1.02085 to confirm long
Forex can only be understood backwards, but it must be traded forwards.
  • #9,584
  • Mar 25, 2020 10:58am Mar 25, 2020 10:58am
GBP/JPY 4 hour chart update.

GBP/USD 4 hour chart update.

What a difference one hour makes.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpjpyi-h4-tw-corp-g-j.png Size: 39 KB
Click to Enlarge Name: gbpusdi-h4-tw-corp-g-u.png Size: 31 KB
Patience, let the trade come to you.
  • #9,585
  • Mar 25, 2020 11:08am Mar 25, 2020 11:08am
Quoting PokerChip
GBP/JPY 4 hour chart update. GBP/USD 4 hour chart update. What a difference one hour makes. {image} {image}
PC, long time follower, thanks for the useful method.
How do you determine T/P targets? I got a really nice entry position, but usually I would get out with trailing the profit. I understand you don't use SL what is your preferred method for TP ?

-Jad
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 186 KB
  • #9,586
  • Mar 25, 2020 11:09am Mar 25, 2020 11:09am
USD/JPY 4 hour chart update.

Still making higher highs.

Trade safe.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-h4-tw-corp-u-j.png Size: 37 KB
Patience, let the trade come to you.
  • #9,587
  • Mar 25, 2020 11:15am Mar 25, 2020 11:15am
Quoting jado911
{quote} PC, long time follower, thanks for the useful method. How do you determine T/P targets? I got a really nice entry position, but usually I would get out with trailing the profit. I understand you don't use SL what is your preferred method for TP ? -Jad {image}
Hello Jado911,
Welcome to the thread.

I just got back in the trade at 1.18150, which was way to soon.

My take profit target would be 1.21000, (which is the 2nd level), if it pushes through 1.21000 quickly or easily I'll hold and be greedy and try for more pips.

I try my best to trade from level to level.

Sometimes it works out, sometimes I get trapped, all part of trading.

I hope this helps you.
Patience, let the trade come to you.
  • #9,588
  • Mar 25, 2020 11:15am Mar 25, 2020 11:15am
Long Long

Winner winner chicken dinner
Attached Image (click to enlarge)
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  • #9,589
  • Mar 25, 2020 11:19am Mar 25, 2020 11:19am
Quoting Luciano26
Long Long Winner winner chicken dinner {image}
Two nice trades, well done.
Patience, let the trade come to you.
  • #9,590
  • Mar 25, 2020 11:22am Mar 25, 2020 11:22am
Quoting PokerChip
{quote} Two nice trades, well done.
Thanks Master
  • #9,591
  • Mar 25, 2020 11:23am Mar 25, 2020 11:23am
Quoting Luciano26
{quote} Thanks Master
Lol, thank you.

And you're welcome.
Patience, let the trade come to you.
  • #9,592
  • Mar 25, 2020 11:25am Mar 25, 2020 11:25am
Quoting PokerChip
{quote} Hello Jado911, Welcome to the thread. I just got back in the trade at 1.18150, which was way to soon. My take profit target would be 1.21000, (which is the 2nd level), if it pushes through 1.21000 quickly or easily I'll hold and be greedy and try for more pips. I try my best to trade from level to level. Sometimes it works out, sometimes I get trapped, all part of trading. I hope this helps you.
Hi PC - how have you determined that 1.21 is the 2nd Level?
  • #9,593
  • Mar 25, 2020 11:25am Mar 25, 2020 11:25am
Cable,
For the Bold, try a cheeky short, it might bounce off the top black line. X ( High 0f 00-00 4 hr Bar).
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,594
  • Mar 25, 2020 11:32am Mar 25, 2020 11:32am
Quoting Wellington
{quote} Hi PC - how have you determined that 1.21 is the 2nd Level?
By looking over to the left and seeing this.

Look at the " x " around the boxed area.

That's going to be the 2nd level on the way up.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-g-u-3.png Size: 32 KB
Patience, let the trade come to you.
  • #9,595
  • Mar 25, 2020 11:35am Mar 25, 2020 11:35am
Quoting PokerChip
{quote} By looking over to the left and seeing this. Look at the " x " around the boxed area. That's going to be the 2nd level on the way up. {image}
Perfect thank you - I have that area marked as my Level 3 on the way down
  • #9,596
  • Mar 25, 2020 11:37am Mar 25, 2020 11:37am
Quoting billytt
Cable, For the Bold, try a cheeky short, it might bounce off the top black line. X ( High 0f 00-00 4 hr Bar). {image}
fibs 50
  • #9,597
  • Mar 25, 2020 11:37am Mar 25, 2020 11:37am


Long GBPUSD target achieved at 1.18000.
Attached Image (click to enlarge)
Click to Enlarge Name: B55B32A5-E34A-4611-8438-0D2D59DB2A66.png Size: 1,005 KB
10% buy 10% sell 80% waiting
  • #9,598
  • Mar 25, 2020 11:39am Mar 25, 2020 11:39am
Quoting TraderR0N
Long GBPUSD target achieved at 1.18000. {image}

Impressive !!!!!!!!!!!!!! Keep up your great job
  • #9,599
  • Mar 25, 2020 11:39am Mar 25, 2020 11:39am
Quoting prozor7
AUDCHF watching 0.58250 - 0.58031 as potential long TP 0.58824 - 0.59007
It's bouncing off of the 200 EMA on the 15 min chart
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF (15 Minute) 2020_03_25 (16_38_38).png Size: 57 KB
  • #9,600
  • Mar 25, 2020 11:42am Mar 25, 2020 11:42am
Quoting Wellington
{quote} Perfect thank you - I have that area marked as my Level 3 on the way down
You're correct, that was the 3rd level on the way down.

Now it becomes a guide post for the 2nd level on the way up.

I'm sure as I'm sitting here the market maker knows where the 2nd level will be.

And hopefully the market maker and I are on the same page.

We will see how it trades out.
Patience, let the trade come to you.
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