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The Jail Break System

  • #10,861
  • Apr 3, 2020 5:20am Apr 3, 2020 5:20am
Good morning everyone.
Patience, let the trade come to you.
  • #10,862
  • Apr 3, 2020 5:27am Apr 3, 2020 5:27am
Quoting PokerChip
Good morning everyone.
Hi PC, hope you are well.

4 mins to NFP, yaaaaaaaaaay, just watching as usual.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,863
  • Apr 3, 2020 5:29am Apr 3, 2020 5:29am
Quoting billytt
{quote} Hi PC, hope you are well. 4 mins to NFP, yaaaaaaaaaay, just watching as usual.
Good morning Billy from 48 F degrees partly cloudy Midwest.

I hoped you enjoyed your bacon sandwich.

My favorite sandwich of all time.

You can't beat it.
Patience, let the trade come to you.
  • #10,864
  • Apr 3, 2020 5:32am Apr 3, 2020 5:32am
Quoting PokerChip
{quote} Good morning Billy from 48 F degrees partly cloudy Midwest. I hoped you enjoyed your bacon sandwich. My favorite sandwich of all time. You can't beat it.
yes, everything was good..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,865
  • Apr 3, 2020 5:41am Apr 3, 2020 5:41am
Quoting billytt
{quote} yes, everything was good..
+35 pips total on the GBP/USD & EUR/USD bounce back up. Who needs a cup of coffee with that adrenaline rush. That was exciting but I prefer slow and steady.
  • #10,866
  • Apr 3, 2020 5:41am Apr 3, 2020 5:41am
Quoting billytt
{quote} yes, everything was good..
Excellent, that's a great to kick off the weekend.

Be safe.
Patience, let the trade come to you.
  • #10,867
  • Apr 3, 2020 6:04am Apr 3, 2020 6:04am
Quoting VicarPhilip
{quote} +35 pips total on the GBP/USD & EUR/USD bounce back up. Who needs a cup of coffee with that adrenaline rush. That was exciting but I prefer slow and steady.
lol, i do this most trading days, +5% , play chase the daily range. same old, same old.

You did well, i too like the Adrenalin rush.
Do it again next week. yaaaaaaaaaaaaaaaaaaaaaaaay
Stay Fit.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,868
  • Apr 3, 2020 6:18am Apr 3, 2020 6:18am
Picked up a few pre and post NFP on GU. Actually I like the fast movement (as long as one is on the right side of course!), one is in and out before one has time to worry!
  • #10,869
  • Apr 3, 2020 6:21am Apr 3, 2020 6:21am
Quoting PokerChip
{quote} Good morning Rick, The reason the market maker pushes any pair lower below the box is to trap more traders. When we know the correct direction which in this case is higher. Any counter move (lower/south) is to trap traders. This what market maker does. And it's usually a quick move. When this happens it's a buying opportunity. I hope this helps.
Great piece of reassurance thanks PC, i am attempting to trade the JB system as it appears to offer the ability to trade without fear/emotions.
First attempt with using JB on the GBPUSD and i started well and haven't feared any of the drops so far, but the current drop put me through my paces, I have regretted not TP'ing a few times though, but so far so good though, patience is a virtue In PC we trust!
  • #10,870
  • Apr 3, 2020 6:28am Apr 3, 2020 6:28am
Would i be right that EUR/GBP is also at lvl3 JB-direction down?
Attached Image (click to enlarge)
Click to Enlarge Name: JB-EURGBP-030420.jpg Size: 478 KB
  • #10,871
  • Apr 3, 2020 6:47am Apr 3, 2020 6:47am
Quoting TraderR0N
I have bought USDJPY and target between 108.600 - 109.000. Have a great weekend everyone.
Good day everyone.

Long USDJPY target got hit at 108.600.

Entry was at 108.000.

Have a great weekend everyone.
10% buy 10% sell 80% waiting
  • #10,872
  • Apr 3, 2020 6:53am Apr 3, 2020 6:53am
Quoting RickMTB
{quote} Great piece of reassurance thanks PC, i am attempting to trade the JB system as it appears to offer the ability to trade without fear/emotions. First attempt with using JB on the GBPUSD and i started well and haven't feared any of the drops so far, but the current drop put me through my paces, I have regretted not TP'ing a few times though, but so far so good though, patience is a virtue In PC we trust!
You're welcome.

In PC we trust, LOL you made my day.

That's funny.

Have a great weekend.

Stay Safe.
Patience, let the trade come to you.
  • #10,873
  • Apr 3, 2020 6:54am Apr 3, 2020 6:54am
Quoting TraderR0N
{quote} Good day everyone. Long USDJPY target got hit at 108.600. Entry was at 108.000. Have a great weekend everyone.
Good morning King Trader Ron.

USD/JPY is climbing.

Have a great weekend.

Stay Safe.
Patience, let the trade come to you.
  • #10,874
  • Apr 3, 2020 7:00am Apr 3, 2020 7:00am
USD/JPY 4hour chart update.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-h4-tw-corp-usd-jpy.png Size: 59 KB
Patience, let the trade come to you.
  • #10,875
  • Apr 3, 2020 7:03am Apr 3, 2020 7:03am
GBP/USD 4 hour chart update.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-g-u.png Size: 53 KB
Patience, let the trade come to you.
  • #10,876
  • Apr 3, 2020 7:28am Apr 3, 2020 7:28am
Quoting PokerChip
GBP/USD 4 hour chart update. {image}
Hi PC

I have been working GU this way for some days now - a little different way to see the levels imo.? (it is 1H)

/D50
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 73 KB
You cant beat the MM - so join them!!!
  • #10,877
  • Apr 3, 2020 7:41am Apr 3, 2020 7:41am
Hi PC hope you’re well.

Just wanted to ask, can you apply your jail break strategy when trading oil?

Thanks.
  • #10,878
  • Apr 3, 2020 8:49am Apr 3, 2020 8:49am
Quoting Downey50
{quote} Hi PC I have been working GU this way for some days now - a little different way to see the levels imo.? (it is 1H) /D50 {image}
Okay, you might want to use a longer time frame. I would suggest the 4 hour for entry, and for direction the daily chart.
This will smooth out your chart.

The reason I say this is because to see the levels as they are you need a longer time frame and the levels should like islands.

With the 1 hour chart it runs together and is more congested, which makes the levels harder to see. At least it is for me.

What I like about the 4 hour chart is that it teaches you to be more discipline as a trader.

I hope this helps.
Patience, let the trade come to you.
  • #10,879
  • Apr 3, 2020 8:55am Apr 3, 2020 8:55am
Quoting BenMcKinnon
Hi PC hope you’re well. Just wanted to ask, can you apply your jail break strategy when trading oil? Thanks.
Daily chart for crude oil
Attached Image(s) (click to enlarge)
Click to Enlarge Name: wticrude-d1-tw-corp-oil.png Size: 50 KB
Click to Enlarge Name: wticrude-h4-tw-corp-oil.png Size: 51 KB
Patience, let the trade come to you.
  • #10,880
  • Apr 3, 2020 8:56am Apr 3, 2020 8:56am
Quoting PokerChip
{quote} Okay, you might want to use a longer time frame. I would suggest the 4 hour for entry, and for direction the daily chart. This will smooth out your chart. The reason I say this is because to see the levels as they are you need a longer time frame and the levels should like islands. With the 1 hour chart it runs together and is more congested, which makes the levels harder to see. At least it is for me. What I like about the 4 hour chart is that it teaches you to be more discipline as a trader. I hope this helps.
Thx PC. But the 1H worked just fine for me and my methods. Shortet every red arrow and are now short atm. from 1.247, no target - just locking in profit. I think ill stick to 1H.
You cant beat the MM - so join them!!!
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