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The Jail Break System

  • #10,141
  • Mar 30, 2020 6:15am Mar 30, 2020 6:15am
Quoting prozor7
{quote} no this was my first trade today
i did not mean that, lol.

i thought you short at top of jail, and long at bottom, OR until it breaks off to next level.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,142
  • Mar 30, 2020 6:20am Mar 30, 2020 6:20am
Quoting billytt
{quote} I am not thinking, sorry, It dangerous to think lol. we have plenty of daily range to play with. If it retraces down i will short at 12364. i trade off lines,,, slight chance i might short at 12372. i think which ever way it goes i will get +20.. I say think? that is more of a i know it will . Trade well and Take Care. t 12-12
i wont short at 12372 , i will stick to the standard bar/candle i trade off.
t 12-20
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,143
  • Mar 30, 2020 6:21am Mar 30, 2020 6:21am
CADJPY
pending buy @ 76.474
Forex can only be understood backwards, but it must be traded forwards.
  • #10,144
  • Mar 30, 2020 6:23am Mar 30, 2020 6:23am
Quoting billytt
{quote} I am not thinking, sorry, It dangerous to think lol. we have plenty of daily range to play with. If it retraces down i will short at 12364. i trade off lines,,, slight chance i might short at 12372.
lol yep same here... when you look at your line chart what TF do you typically use?
  • #10,145
  • Mar 30, 2020 6:25am Mar 30, 2020 6:25am
Quoting billytt
{quote} i wont short at 12372 , i will stick to the standard bar/candle i trade off. t 12-20
So you sold the original buy? I'm hanging on, by my reckoning we're only at Level 3 and plenty of room to go up. Depends on what kind of mood the MM desk is in today lol
  • #10,146
  • Mar 30, 2020 6:30am Mar 30, 2020 6:30am
Quoting VicarPhilip
{quote} lol yep same here... when you look at your line chart what TF do you typically use?

Main trade is the 08-00 15 minute bar, i trade off the break of whichever happens first.
Today was short.

That 10-00 to 11-00 am bar . only the high broke i went long and got 2 as it retraced, just waiting for it to break high again or drop, then repeat.
i an just playing with it, small lot, keep me occupied, lol
Trade well, take care.
t 12-30
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,147
  • Mar 30, 2020 6:31am Mar 30, 2020 6:31am
Quoting TraderR0N
Had place some orders below. Sold AUDUSD. Bought EURAUD. Bought EURNZD. Bought EURCAD. Bought EURGBP. Sold EURJPY. Sold EURUSD. Sold GBPCAD. Sold GBPUSD. Sold GBPJPY. Bought USDCAD. Good luck all. My last signal and I will be here to help everyone instead of giving out signals..

Bought USDCAD target hit at 1.41500. Entry at 1.40500.
10% buy 10% sell 80% waiting
  • #10,148
  • Mar 30, 2020 6:32am Mar 30, 2020 6:32am
Quoting sahib
{quote} Hey , how are you ? can you please update about more WTI ? as I am buyer ;-( ..
Hi sahib,

Just have to be more careful with OiL falling below $20.
10% buy 10% sell 80% waiting
  • #10,149
  • Mar 30, 2020 6:33am Mar 30, 2020 6:33am
Quoting VicarPhilip
{quote} So you sold the original buy? I'm hanging on, by my reckoning we're only at Level 3 and plenty of room to go up. Depends on what kind of mood the MM desk is in today lol
we only have 50 ish daily range, so even on a bad day we should get 70.
If it keeps moving up ,it should stal at 12460 area. THEN either keep going or bounce down.

t 12-33
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,150
  • Mar 30, 2020 6:35am Mar 30, 2020 6:35am
cable, i am long again.

only trouble with this is, i have more chance of it reversing down, BUT,, we are still early in the day.
As times on, i will then stop
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,151
  • Mar 30, 2020 6:38am Mar 30, 2020 6:38am
Hey traders,

IMHO... I would like to see further downside for USDJPY as long as price can stay below 109.100... I should think that it will head towards 105.100 and then 103.200....
But again anything can happen.


Cheers.
10% buy 10% sell 80% waiting
  • #10,152
  • Mar 30, 2020 6:43am Mar 30, 2020 6:43am
Quoting billytt
cable, i am long again. only trouble with this is, i have more chance of it reversing down, BUT,, we are still early in the day. As times on, i will then stop
Closed cable @ green 38 pips, gotta make breakfast. Good trading to you billy!
  • #10,153
  • Mar 30, 2020 6:45am Mar 30, 2020 6:45am
i seem to of lost a post, i am long after it broke through that 12408 high., if it drops i close with +1 or 2 , then repeat
t 12-45
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,154
  • Mar 30, 2020 6:45am Mar 30, 2020 6:45am
Thanks Billy.

Slowly learning. Entered on a close above the line. Trade Manager EA got me out at 31 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: GBP USD MON March 30th BUY 1.png Size: 34 KB
Empty your mind and let the market guide you
  • #10,155
  • Mar 30, 2020 6:46am Mar 30, 2020 6:46am
Quoting VicarPhilip
{quote} Closed cable @ green 38 pips, gotta make breakfast. Good trading to you billy!
nice one bud, i am 22 up but it means nothing yet lol
Trade well and take care.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,156
  • Mar 30, 2020 6:47am Mar 30, 2020 6:47am
Quoting SunnyCoast
Thanks Billy. Slowly learning. Entered on a close above the line. Trade Manager EA got me out at 31 pips. {image}
you are getting too good, Dont forget we will have Fails, have A PLAN B.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,157
  • Mar 30, 2020 6:48am Mar 30, 2020 6:48am
IF,,,,,, IF we were out of the 00-00 4 hour range, i would be adding on every 15 /20 points to greatly increase my winnings.

But its moving slow at the moment
t 12-48 maybe in 12 mins lol yaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,158
  • Mar 30, 2020 6:50am Mar 30, 2020 6:50am
Quoting billytt
{quote} you are getting too good, Dont forget we will have Fails, have A PLAN B.
Yep, too right.

I knew exactly where I was getting out of this one if it failed. I missed the early action as was busy trying to keep my business afloat over here but we will sail through this. Risk management is the key in most things I guess.

I appreciate all your posts.
Empty your mind and let the market guide you
  • #10,159
  • Mar 30, 2020 6:54am Mar 30, 2020 6:54am
Quoting SunnyCoast
{quote} Yep, too right. I knew exactly where I was getting out of this one if it failed. I missed the early action as was busy trying to keep my business afloat over here but we will sail through this. Risk management is the key in most things I guess. I appreciate all your posts.
Thanks for that, i really do try to help people.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,160
  • Mar 30, 2020 6:59am Mar 30, 2020 6:59am
Quoting TraderR0N
Hey traders, IMHO... I would like to see further downside for USDJPY as long as price can stay below 109.100... I should think that it will head towards 105.100 and then 103.200.... But again anything can happen. Cheers.
WOuld love to short it around 107.60s if it starts to head that way. But we seem to be holding above last week's low for now.
Empty your mind and let the market guide you
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