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The Jail Break System

  • #10,941
  • Apr 6, 2020 12:06am Apr 6, 2020 12:06am
Hello traders,

GBPUSD trade idea.

Look out for critical support sitting at price 1.22030 for more downside or we could see rejection and bounce back up otherwise we will be seeing a new low before bouncing back up. Will see London session.

Happy fishing some pips.
10% buy 10% sell 80% waiting
  • #10,942
  • Apr 6, 2020 12:12am Apr 6, 2020 12:12am
Hi all. Please take a look at the following chart (EURUSD/M15). Have I drawn the box (two horizontal green line) correctly? I've just joint this thread and I might have some more questions.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 48 KB

  • #10,943
  • Apr 6, 2020 12:21am Apr 6, 2020 12:21am
Quoting TraderR0N
Hello traders, GBPUSD trade idea. Look out for critical support sitting at price 1.22030 for more downside or we could see rejection and bounce back up otherwise we will be seeing a new low before bouncing back up. Will see London session. Happy fishing some pips.
G'day all,

in the S38 zone on the weekly pivot.....
Stay green!!!
  • #10,944
  • Apr 6, 2020 1:05am Apr 6, 2020 1:05am
hi all from the Forest, slightly damp but all ok.....

I have access to my laptop, which I am using now but for the time being oi cannot post any charts.
Therefore I will post prices and time and later on perhaps be able to update onto a chart.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,945
  • Apr 6, 2020 1:07am Apr 6, 2020 1:07am
cable 00-00 4 hour bar.
High = 12253...…. Low = 12209...… range = 44.
My adr for today is 173,

I 00-00 bar, if high or low breaks I will look for + 15/20 to start.
Lets see.
Trade well all. Take Care.
t 07-07
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,946
  • Apr 6, 2020 1:07am Apr 6, 2020 1:07am
I am long tt 70--07-07
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,947
  • Apr 6, 2020 1:07am Apr 6, 2020 1:07am
Hi guys, I hope you have a beautiful week. I have a query with the EMAs, do they use different periods in different pairs? or how do they use them? Because I saw along the EMA thread of 13-50-200-800 ... 13-50-80-200 ... I would like to know how they are calculated or what criteria are based, they would help me a lot by answering this question. Thank you very much and I hope you have an excellent week. Greetings from Argentina.
  • #10,948
  • Apr 6, 2020 1:11am Apr 6, 2020 1:11am
Quoting billytt
I am long tt 70--07-07
long just closed, yaaaaaaaaaaaaaaaay t 07-11
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,949
  • Apr 6, 2020 1:15am Apr 6, 2020 1:15am
Cable 00-00 4 hour bar break.
I closed for 15 points. aas it retraced down .
I am long again at 12253. I have decided to play the game.
using small lot.
My main trade being at 08-00 15 minute bar break.
t 07-15
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,950
  • Apr 6, 2020 1:16am Apr 6, 2020 1:16am
Quoting billytt
I am long tt 70--07-07
those numbers above are meant to be the time lol

should read t 07-07 lol duh!
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,951
  • Apr 6, 2020 1:17am Apr 6, 2020 1:17am
Cable, the adr low is now adjusted to 12110 area.
t 07-17
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,952
  • Edited 1:36am Apr 6, 2020 1:23am | Edited 1:36am
Quoting SunnyCoast
{quote} Hi Billy, Hope you are looking forward to another great trading week. The subject of fixing fails so that you end the day back on top definitely appeals to my stubborn personality more than anything these days. I definitely understand most of what you have posted up to now, in regards ADR and the GMT 00:00, but I'm wondering if you'd share a little, or point me in the right direction of "how" you get in and out a little at a time to fix any of the day's earlier fails. To me that is real trading and something I'd like to spend much more time...
Hi S, still no charts yet, but I will try to explain.
Todays chart, we have 00-00 bar with a range of 44. and the adr is 173.

BUT FIRST, I COULD DO WITH THIS FAILING SO YOU WILL SEE IT DOES/CAN FAIL..
edit, I had to leave to close my long lol.

So what happened today.
The High broke and I went long.... How far will it go?????? the adr says it should be not far from 12400 (I did post area yesterday).
At this moment in time I have no idea how far it will travel, it might just retrace. (it did but turned again).
The first break is always harder to trade as we do not know how far it will go. It would be easier if it retraced and broke low.
I have been editing this a few times. ( adding info)
time now is 07-34
so , I don't know how far it will travel off first break.
That is why I entered with a view to make 15/20 points. I got 15 and closed, it did drop and I re entered for another 12 (I think) lol.
t 07-36
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,953
  • Apr 6, 2020 1:24am Apr 6, 2020 1:24am
Quoting billytt
Cable 00-00 4 hour bar break. I closed for 15 points. aas it retraced down . I am long again at 12253. I have decided to play the game. using small lot. My main trade being at 08-00 15 minute bar break. t 07-15
The long has just been closed. =12
t 07-24
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,954
  • Apr 6, 2020 1:34am Apr 6, 2020 1:34am
Quoting billytt
{quote} Hi S, still no charts yet, but I will try to explain. Todays chart, we have 00-00 bar with a range of 44. and the adr is 173. BUT FIRST, I COULD DO WITH THIS FAILING SO YOU WILL SEE IT DOES/CAN FAIL.. edit, I had to leave to close my long lol. So what happened today. The High broke and I went long.... How far will it go??????
Haha. Same here. Profit has been banked. I did that while I was in another meeting.

I thought you were going to actually try and do a fail trade on purpose for us and then walk us through how you claw it all back.

There is always tomorrow I guess.
Empty your mind and let the market guide you
  • #10,955
  • Apr 6, 2020 1:38am Apr 6, 2020 1:38am
Quoting SunnyCoast
{quote} Haha. Same here. Profit has been banked. I did that while I was in another meeting. I thought you were going to actually try and do a fail trade on purpose for us and then walk us through how you claw it all back. There is always tomorrow I guess.
m I couldn't even do that correct lol, i'd probably win yaaaaaaaaaaaaaaaaay not.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,956
  • Apr 6, 2020 1:43am Apr 6, 2020 1:43am
Quoting SunnyCoast
{quote} Haha. Same here. Profit has been banked. I did that while I was in another meeting. I thought you were going to actually try and do a fail trade on purpose for us and then walk us through how you claw it all back. There is always tomorrow I guess.
time now 07-39 and price is 12266.IF I went long right now and it failed I would be minus 57 points.
Take away 57 from the adr of 173 = 116
So if we then short at 00-00 low of 12209 , we will have 116 points to play with.
That is the easy part, the adr is an average, we could get more points or more likely less.
PLUS we have the 00 .
Soi we have 116 to play with, lets half it, so we now have 58 points to play with,

t 07-43
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,957
  • Apr 6, 2020 1:43am Apr 6, 2020 1:43am
Quoting billytt
{quote} m I couldn't even do that correct lol, i'd probably win yaaaaaaaaaaaaaaaaay not.
I think that last comment will bring a smile to PC's face.

That's a level I aspire to for sure and then still want to keep my head about me as you seem to do.

Keeping it humble and keeping it real.
Empty your mind and let the market guide you
  • #10,958
  • Apr 6, 2020 1:45am Apr 6, 2020 1:45am
Quoting billytt
{quote} time now 07-39 and price is 12266.IF I went long right now and it failed I would be minus 57 points. Take away 57 from the adr of 173 = 116 So if we then short at 00-00 low of 12209 , we will have 116 points to play with. That is the easy part, the adr is an average, we could get more points or more likely less. PLUS we have the 00 . Soi we have 116 to play with, lets half it, so we now have 58 points to play with, t 07-43
AND/ALSO I will adjust my lot size, sometimes

edit, and sometimes I add on/compound.
I haven't today so far.
t07-49
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,959
  • Apr 6, 2020 1:48am Apr 6, 2020 1:48am
Quoting TraderR0N
{quote} Good day everyone. Anyone caught the pair. EURUSD. Have a great trading day ahead. Cheers.
Hi Ron - yep, I got lucky on the EURUSD - sold 1.0935 ,managed to buy them back at 1.0816
  • #10,960
  • Apr 6, 2020 2:12am Apr 6, 2020 2:12am
Cable, 08-00 15 minute bar break.
if it keeps to 30 range I will trade it.
It is covering the 00-00 4 hr range high,
This could be a good sign.. yaaaaaaaaaaaaaaaaaaaaay
t 08-12
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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