The Jail Break System | Page 549 | Forex Factory

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The Jail Break System

  • #10,961
  • Apr 6, 2020 12:22am Apr 6, 2020 12:22am
Cable 08-00 15 minute bar break.

The High Broke, I went Long for +5% yaaaaaaaaaaaaaaaaaaaay
t 08-22
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,962
  • Apr 6, 2020 12:31am Apr 6, 2020 12:31am
Cable, the adr low area has now been re adjusted to 12130 area.

t 08-31
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,963
  • Apr 6, 2020 12:45am Apr 6, 2020 12:45am
Cable, could we be heading up from the low of a jail?????
t 08-45
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,964
  • Apr 6, 2020 12:50am Apr 6, 2020 12:50am
Quoting billytt
Cable, the adr low area has now been re adjusted to 12130 area. t 08-31
edit at 08-50 the adr low area is now adjusted to 12150
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,965
  • Apr 6, 2020 12:52am Apr 6, 2020 12:52am
good day to all

personal obligations will keep me out of the market, will post later when I see an opportunity like below.
all buy going as expected protect your gain
AUDJPY
AUDUSD
CHFJPY
EURJPY
USDJPY
Forex can only be understood backwards, but it must be traded forwards.
  • #10,966
  • Apr 6, 2020 1:08am Apr 6, 2020 1:08am
Quoting prozor7
good day to all personal obligations will keep me out of the market, will post later when I see an opportunity like below. all buy going as expected protect your gain AUDJPY AUDUSD CHFJPY EURJPY USDJPY
Hi P, hope you are well.
Keep Safe.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,967
  • Apr 6, 2020 1:09am Apr 6, 2020 1:09am
Quoting billytt
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
That's another good isn't it. I need to go and do my stats on that one so I feel nice and comfortable to pull the trigger.

PC will be liking this current price action on GU. Could finally be starting to head up.
Empty your mind and let the market guide you
  • #10,968
  • Apr 6, 2020 1:28am Apr 6, 2020 1:28am
Quoting SunnyCoast
{quote} That's another good isn't it. I need to go and do my stats on that one so I feel nice and comfortable to pull the trigger. PC will be liking this current price action on GU. Could finally be starting to head up.
I hope it does keep moving higher.
I will long if I have to, which I have today a few times..
t 09-28
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,969
  • Apr 6, 2020 1:30am Apr 6, 2020 1:30am
Quoting SunnyCoast
{quote} That's another good isn't it. I need to go and do my stats on that one so I feel nice and comfortable to pull the trigger. PC will be liking this current price action on GU. Could finally be starting to head up.
The open break is a very old method, either off the 08-00 15 or even the 1 hour candle/bar. as can be the 30 mins.

It is what you do with the fail??
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,970
  • Apr 6, 2020 1:37am Apr 6, 2020 1:37am
Quoting billytt
{quote} The open break is a very old method, either off the 08-00 15 or even the 1 hour candle/bar. as can be the 30 mins. It is what you do with the fail??
Yep, I'm definitely not there yet with having to deal with a fail on the same day.

I suppose you scalp off the 1 min or something to win back those lost pips???

I've traded the 1 min before hunting reversals but that has gotten me into hot water given my inexperience.

Still so much to learn that is for sure.
Empty your mind and let the market guide you
  • #10,971
  • Apr 6, 2020 1:42am Apr 6, 2020 1:42am
Quoting SunnyCoast
{quote} Yep, I'm definitely not there yet with having to deal with a fail on the same day. I suppose you scalp off the 1 min or something to win back those lost pips??? I've traded the 1 min before hunting reversals but that has gotten me into hot water given my inexperience. Still so much to learn that is for sure.
The nearest I come to scalping is trading open/high,,,,, open/close or slight variations of it.
like right now.
When a daily range has been made, we sometimes have retrace.
I said like right now, This is not a perfect case but we could well have a drop, just keep your eye on it.
I am only watching.
With the 08-00 15 min break today, I did say the bar was covering the 00-00 4 hr high, and this is a good sign.
AND YES it can fail.
This is normally were I add on to the 00-00 break, BUT NOT TODAY
t 09-42
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,972
  • Apr 6, 2020 1:46am Apr 6, 2020 1:46am
Quoting JediFX80
My compliments for this 3D!!! I leave to u my view on EurUsd 4h Green pips to all {image}
Hello,

Nice. Can you share your indicator(s)?

green pips
Bottomless wonders spring from simple rules, which are repeated without end
  • #10,973
  • Apr 6, 2020 1:47am Apr 6, 2020 1:47am
Quoting SunnyCoast
{quote} Yep, I'm definitely not there yet with having to deal with a fail on the same day. I suppose you scalp off the 1 min or something to win back those lost pips??? I've traded the 1 min before hunting reversals but that has gotten me into hot water given my inexperience. Still so much to learn that is for sure.
right now price is 12281 t 09-44, I am in no trades.
AND if I were to trade I would be like a fish out of water, I have no idea which direction I would trade.
adr hasn't been made, but 80 + has ???? actually edited at 09-48 110 has been made to be precise. lol
I need lines to trade off, not where I thinkj it will go.
t 09-47
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,974
  • Apr 6, 2020 2:22am Apr 6, 2020 2:22am
Quoting billytt
{quote} right now price is 12281 t 09-44, I am in no trades. AND if I were to trade I would be like a fish out of water, I have no idea which direction I would trade. adr hasn't been made, but 80 + has ???? actually edited at 09-48 110 has been made to be precise. lol I need lines to trade off, not where I thinkj it will go. t 09-47
Yes, I really appreciate those explanations they make a lot of sense to me.

Huge apologies to Big Boss PC for railroading (
Attached Image
) his thread with all these questions.
Empty your mind and let the market guide you
  • #10,975
  • Apr 6, 2020 2:30am Apr 6, 2020 2:30am
Quoting SunnyCoast
{quote} Yes, I really appreciate those explanations they make a lot of sense to me. Huge apologies to Big Boss PC for railroading ({image}) his thread with all these questions.
I am sure he will forgive both of us.
I am hopefully keeping people entertained until he arrives. yaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,976
  • Apr 6, 2020 2:33am Apr 6, 2020 2:33am
right now price is around 12300, this is halfway between the adr high and 00-00 4 hour bar high.

we could see a drop for a bounce off the 00-00 or the same with the adr high.
just saying, I watch this sort of thing all pof the time and collate stats.
t 10-33
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,977
  • Apr 6, 2020 3:04am Apr 6, 2020 3:04am
Quoting billytt
right now price is around 12300, this is halfway between the adr high and 00-00 4 hour bar high. we could see a drop for a bounce off the 00-00 or the same with the adr high. just saying, I watch this sort of thing all pof the time and collate stats. t 10-33

Very nice info there. I wouldn't have thought of that one. Ahhhh more homework to do!!

I've been keeping my stats since the start of this year for the main trade but need to add a few neck savers when I get the inevitable fails.
Empty your mind and let the market guide you
  • #10,978
  • Apr 6, 2020 3:20am Apr 6, 2020 3:20am
Quoting SunnyCoast
{quote} Very nice info there. I wouldn't have thought of that one. Ahhhh more homework to do!! I've been keeping my stats since the start of this year for the main trade but need to add a few neck savers when I get the inevitable fails.
I have spent thousands of hours chart watching.
even now I cannot say where a price will go 100% but we have an idea.

But we can see where a reaction could happen.

Like i say, i am now not trading just watching and chatting.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,979
  • Apr 6, 2020 3:43am Apr 6, 2020 3:43am
I'm back

GBPJPY H4 in "Jail box" range 133.786 - 134.828
Attached Image

breaking up 134.828 up to 140.806
breaking down 133.786 down to 130.984

weekly
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #10,980
  • Apr 6, 2020 4:02am Apr 6, 2020 4:02am
Quoting prozor7
I'm back GBPJPY H4 in "Jail box" range 133.786 - 134.828 {image} breaking up 134.828 up to 140.806 breaking down 133.786 down to 130.984 weekly {image}
Welcome back! And greetings all in fact

That's at level 2 yeh?

Also is anybody working USDCAD at the moment? Ive entered long thinking we could be in for a short term spike before the big sell off to level 2 on that pair, would be interested to hear the thoughts of others
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