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The Jail Break System

  • #10,601
  • Apr 1, 2020 7:29am Apr 1, 2020 7:29am
Quoting prozor7
{quote} when you have passion you don't give up!
Nope, we never give up.
Patience, let the trade come to you.
  • #10,602
  • Apr 1, 2020 7:35am Apr 1, 2020 7:35am
GBP/USD 4 hour chart update.

Today is the 4th day the pair has been moving sideways.

Waiting for lift off.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-g-u-2.png Size: 39 KB
Patience, let the trade come to you.
  • #10,603
  • Apr 1, 2020 7:41am Apr 1, 2020 7:41am
Quoting PokerChip
GBP/USD 4 hour chart update. Today is the 4th day the pair has been moving sideways. Waiting for lift off. {image}
ok , i shall stay away from gu these days. need some new thoughts i think
  • #10,604
  • Apr 1, 2020 7:45am Apr 1, 2020 7:45am
Quoting prozor7
CHFJPY looking for 111.094 as major support line for long
CHFJPY - update
long
TP 112.306
Forex can only be understood backwards, but it must be traded forwards.
  • #10,605
  • Apr 1, 2020 7:48am Apr 1, 2020 7:48am
Quoting prozor7
{quote} CHFJPY - update long TP 112.306

Short it's written all over there...
  • #10,606
  • Apr 1, 2020 7:52am Apr 1, 2020 7:52am
Hi TreaderRON,

I am fledgling in trading, therefore asking a naive question, "how you manage your trades if they are going against you?"

That sort of situation always put me in a dilemma, should i hold it for a long period like PokerChip briefed in his posts, or close it with some loss.

Kay
  • #10,607
  • Apr 1, 2020 7:52am Apr 1, 2020 7:52am
Quoting Luciano26
{quote} Short it's written all over there...
thx
110.823 - 110.750 should hold

Edit
this trade R:R 1:3.4
Forex can only be understood backwards, but it must be traded forwards.
  • #10,608
  • Apr 1, 2020 8:36am Apr 1, 2020 8:36am
GBPCHF
watching 1.20180 - 1.20528 potential short
Forex can only be understood backwards, but it must be traded forwards.
  • #10,609
  • Apr 1, 2020 8:49am Apr 1, 2020 8:49am
GBP/USD 4 hour chart update.

We finally have some movement.

It appears the market maker has enough customers trapped as is now happy to let the pair move higher.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-gbp-usd.png Size: 38 KB
Patience, let the trade come to you.
  • #10,610
  • Apr 1, 2020 8:57am Apr 1, 2020 8:57am
Quoting PokerChip
GBP/USD 4 hour chart update. We finally have some movement. It appears the market maker has enough customers trapped as is now happy to let the pair move higher. {image}
I flipping hope so PC. Been long for 2 days now.
  • #10,611
  • Apr 1, 2020 9:07am Apr 1, 2020 9:07am
Quoting VicarPhilip
{quote} I flipping hope so PC. Been long for 2 days now.
Yep, I'm right there with you.

We will get there.
Patience, let the trade come to you.
  • #10,612
  • Apr 1, 2020 9:09am Apr 1, 2020 9:09am
Quoting VicarPhilip
{quote} I flipping hope so PC. Been long for 2 days now.
When it takes off I recommend that you let it run.

It's been tied down since Sunday.
Patience, let the trade come to you.
  • #10,613
  • Apr 1, 2020 9:12am Apr 1, 2020 9:12am
Quoting VicarPhilip
{quote} I flipping hope so PC. Been long for 2 days now.
hope for .. but i am also long [email protected] , have been fuck by cad again.
  • #10,614
  • Apr 1, 2020 9:13am Apr 1, 2020 9:13am
Quoting PokerChip
GBP/USD 4 hour chart update. We finally have some movement. It appears the market maker has enough customers trapped as is now happy to let the pair move higher. {image}
i was playing open/hi lol small lots.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,615
  • Apr 1, 2020 9:18am Apr 1, 2020 9:18am
Quoting PokerChip
{quote} When it takes off I recommend that you let it run. It's been tied down since Sunday.
It should blow, but no clear break yet.
For you guys i wish it up, i will be with it where ever it goes. For a few.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,616
  • Apr 1, 2020 9:21am Apr 1, 2020 9:21am
Quoting billytt
{quote} It should blow, but no clear break yet. For you guys i wish it up, i will be with it where ever it goes. For a few.
LOL c'mon billy stay in it man!
  • #10,617
  • Apr 1, 2020 9:22am Apr 1, 2020 9:22am
Quoting PokerChip
{quote} I agree with you, I had to turn the heat back on. I also agree with you on oil, I can't believe it's still $19.90 bbl. If it can get to $10 bbl, I'll be buying April 2021 options.
is that 10 billion?
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,618
  • Apr 1, 2020 9:27am Apr 1, 2020 9:27am
Quoting xzdluu
{quote} hope for .. but i am also long [email protected] , have been fuck by cad again.
I just took a quick look at the GBP/CAD chart, if you're long you'll be good.
Patience, let the trade come to you.
  • #10,619
  • Apr 1, 2020 9:28am Apr 1, 2020 9:28am
maybe 4-00 fix, cable on paper should go up + 200 points . lol, hope it does for you. yaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,620
  • Apr 1, 2020 9:29am Apr 1, 2020 9:29am
Quoting billytt
{quote} It should blow, but no clear break yet. For you guys i wish it up, i will be with it where ever it goes. For a few.
I'm thinking the same thing, it's been bottled up.

A lot of pressure.
Patience, let the trade come to you.
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