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The Jail Break System

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  • Post #11,321
  • Quote
  • Apr 8, 2020 5:12pm Apr 8, 2020 5:12pm
  •  RickMTB
  • | Joined Feb 2020 | Status: Member | 115 Posts
Quoting RickMTB
Disliked
{quote} Hey PC, do you trade through the day change and take the hit of the swap or do you hop out and back into the trade as soon as it open please?
Ignored
I rode it out, the hit was minute for me
 
2
  • Post #11,322
  • Quote
  • Apr 8, 2020 6:03pm Apr 8, 2020 6:03pm
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
Quoting RickMTB
Disliked
{quote} Hey PC, do you trade through the day change and take the hit of the swap or do you hop out and back into the trade as soon as it open please?
Ignored
I saw you posted this earlier and I forgot to answer.

If I'm in the trade I stay in the trade.

I have jumped out years ago and forgot to get back in the trade and it cost me.

So now I'm riding all the way to 1.26000
Patience & Discipline
 
2
  • Post #11,323
  • Quote
  • Apr 8, 2020 6:03pm Apr 8, 2020 6:03pm
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
Quoting prozor7
Disliked
good night see you tomorrow
Ignored
Good night Pro7
Patience & Discipline
 
1
  • Post #11,324
  • Quote
  • Apr 8, 2020 6:29pm Apr 8, 2020 6:29pm
  •  RieseP
  • Joined Nov 2016 | Status: Member | 905 Posts
Quoting PokerChip
Disliked
{quote} Good night Pro7
Ignored
“You make money sitting on your hands”.
 
2
  • Post #11,325
  • Quote
  • Apr 8, 2020 10:45pm Apr 8, 2020 10:45pm
  •  finally-2020
  • | Joined Dec 2019 | Status: Member | 103 Posts
Folks, I guess this is a classic "railroad track" on EURUSD/H1 (if I'm wrong let me know). I thought you might wanna have it on your radar

Attached Image (click to enlarge)
Click to Enlarge

Name: EURUSDH1.png
Size: 44 KB

 
2
  • Post #11,326
  • Quote
  • Apr 9, 2020 1:47am Apr 9, 2020 1:47am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Hi all from the New Forest,UK
Hope you are all well.
STAY SAFE...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
2
  • Post #11,327
  • Quote
  • Apr 9, 2020 1:49am Apr 9, 2020 1:49am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Cable, 00-00 4 hour bar break.
These charts were copied a few minutes ago .
Range is 37. My adr for today = 160.
The low has broken and i am short. looking for 15/20 to start. the adr low area = 12260 area. will be adjusted as price moves.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
3
  • Post #11,328
  • Quote
  • Apr 9, 2020 1:51am Apr 9, 2020 1:51am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Cable 00-00 4 hour bar break.
chart copied a few minutes ago.
adr high area is 12530 area if it retraces,
and again adr area will be adjusted as price moves.
Attached Image

t 06-51
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
3
  • Post #11,329
  • Quote
  • Apr 9, 2020 1:56am Apr 9, 2020 1:56am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Cable, 00-00 4 hour bar break.
what ever happens i will get 10.
0 = 00-00 bar. x= my trade bar.
Attached Image

t 06-56
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
2
  • Post #11,330
  • Quote
  • Apr 9, 2020 2:53am Apr 9, 2020 2:53am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,655 Posts
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
 
3
  • Post #11,331
  • Quote
  • Apr 9, 2020 3:02am Apr 9, 2020 3:02am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Quoting prozor7
Disliked
good morning to all
Ignored

Hi P,hope you are well.
Just waiting to trade this 08-00 15 minute bar Cable,
t08-02
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
2
  • Post #11,332
  • Quote
  • Apr 9, 2020 3:14am Apr 9, 2020 3:14am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Cable 08-00 15 minute bar break.
range is 30 so far, i am leaving it.
will trade off the 2 hour bar.
t 08-14
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
2
  • Post #11,333
  • Quote
  • Apr 9, 2020 3:28am Apr 9, 2020 3:28am
  •  gill1988
  • | Joined Mar 2020 | Status: Member | 54 Posts
good morning everyone

gbpjpy looks in jail still hanging .
good for scalping

have a nice trading day traders
Gannicus killer
 
3
  • Post #11,334
  • Quote
  • Apr 9, 2020 4:17am Apr 9, 2020 4:17am
  •  TraderR0N
  • | Membership Revoked | Joined Oct 2019 | 4,890 Posts
Good day traders.

Not easy week to trade with choppy markets.

Joke of the day.
WTI oil should be renamed as WTF oil. Just kidding..

Time to look at my chart and study the market structure because market changes everyday.

Lets pile the pips.

See you guys around.
Cheers.
10% buy 10% sell 80% waiting
 
3
  • Post #11,335
  • Quote
  • Apr 9, 2020 4:24am Apr 9, 2020 4:24am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Cable 15 minute bar break,
i have left it as posted BUT, remember how i speak of retrace trades?

High broke then retraced, look at candle/bar 1, we could of entered long anywhere along it, right at the bottom our risk would of been 5/6 points.

When the candle opens we have no idea how far it will move.
This sort of trade is brilliant if you just happen to look at chart,
I am not saying what i did. lol.
t 09-24
i forgot chart, copied a fewminutes ago
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
2
  • Post #11,336
  • Quote
  • Apr 9, 2020 4:27am Apr 9, 2020 4:27am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Cable,
same with this candle/bar 1, we can long,or could of OR if it keeps dropping go long near the 08-00 low.

cut your odds, and yes they fail, but your loss is less.
Attached Image

t 09-27
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
3
  • Post #11,337
  • Quote
  • Apr 9, 2020 4:28am Apr 9, 2020 4:28am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Quoting gill1988
Disliked
good morning everyone gbpjpy looks in jail still hanging . good for scalping have a nice trading day traders
Ignored
Hi G hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
2
  • Post #11,338
  • Quote
  • Apr 9, 2020 4:29am Apr 9, 2020 4:29am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Quoting TraderR0N
Disliked
Good day traders. Not easy week to trade with choppy markets. Joke of the day. WTI oil should be renamed as WTF oil. Just kidding.. Time to look at my chart and study the market structure because market changes everyday. Lets pile the pips. See you guys around. Cheers.
Ignored
Hi Ron, hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
2
  • Post #11,339
  • Quote
  • Apr 9, 2020 5:07am Apr 9, 2020 5:07am
  •  TraderR0N
  • | Membership Revoked | Joined Oct 2019 | 4,890 Posts
Quoting billytt
Disliked
{quote} Hi Ron, hope you are well.
Ignored
Hi Billy.
10% buy 10% sell 80% waiting
 
1
  • Post #11,340
  • Quote
  • Apr 9, 2020 5:09am Apr 9, 2020 5:09am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,655 Posts
Quoting billytt
Disliked
{quote} Hi P,hope you are well. Just waiting to trade this 08-00 15 minute bar Cable, t08-02
Ignored
morning b,
everything is ok, hoping that is the same on your side
Forex can only be understood backwards, but it must be traded forwards.
 
3
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