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The Jail Break System

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  • Post #11,381
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  • Apr 9, 2020 9:20am Apr 9, 2020 9:20am
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,303 Posts
Quoting billytt
Disliked
{quote} If you open a chart (any chart) you will see past areas of where the price has been. I called them levels/consolidation (or even jail break areas..) So where a price is now, you will find one of these past areas will be re visited.(that is the easy part) lol. The market maker will take you to these areas and i would normally follow these mm via daily range hunting. Once at these areas , this is where the market makers have fun and screw everyone up. Hope this helps. something like tis {image}
Ignored
Hi Billy. I agree with you there but we have tools that can give up to date info. Gross or net. attached 2 images for GU for examples sake.
on the gross you can see all spending and on the net, the net of orders in each direction. MM takes it where it pays Dont forget the blue horizontal stop loss clusters as well. I just love the edge this all gives me.
keep well Billy
Attached Image(s) (click to enlarge)
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Name: gross gu.png
Size: 68 KB
Click to Enlarge

Name: GU nett.png
Size: 68 KB
 
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  • Post #11,382
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  • Apr 9, 2020 9:26am Apr 9, 2020 9:26am
  •  finally-2020
  • | Joined Dec 2019 | Status: Member | 103 Posts
Quoting finally-2020
Disliked
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 {image}
Ignored
Finally EURUSD/H4 on the go

Attached Image (click to enlarge)
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Name: EURUSDH1.png
Size: 35 KB

 
1
  • Post #11,383
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  • Apr 9, 2020 9:28am Apr 9, 2020 9:28am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Quoting RieseP
Disliked
{quote} Beach at Milford-on-sea is quiet bill. Not much sand but a nice walk and nice view of isle of wight
Ignored
Hi R, i am sure i have been there, i think my sister has a beach hut close by.
Hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
2
  • Post #11,384
  • Quote
  • Apr 9, 2020 9:38am Apr 9, 2020 9:38am
  •  VicarPhilip
  • | Joined Mar 2020 | Status: Member | 97 Posts
Quoting prozor7
Disliked
{quote} it was loooong time that I work in Excel 1. Start MT4 DDE - Tools - Options - Server - "Enable DDE server" - connecting MT4 & Excel 2. Excel - in Cell insert formula ='MT4'|HIGH!AUDCAD - Excel & MT4 connected (HIGH, ASK, BID, LOW) 3. Excel - Home - "Conditional Formatting" and in the end you will have something like this real time data collecting {image}
Ignored
Thank you so much prozor, I will see what I can do.
 
1
  • Post #11,385
  • Quote
  • Apr 9, 2020 9:39am Apr 9, 2020 9:39am
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,303 Posts
EURUSDnett see all the sell limits as nett ofpendings above. and the stop loss blue horizontals. just bagged 83 pips on 1st leg ad 30ish on second so far
Attached Image (click to enlarge)
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Name: EU nett.png
Size: 82 KB
 
2
  • Post #11,386
  • Quote
  • Apr 9, 2020 9:44am Apr 9, 2020 9:44am
  •  SKLearn
  • | Commercial Member | Joined Nov 2018 | 350 Posts
Quoting pamc
Disliked
EURUSDnett see all the sell limits as nett ofpendings above. and the stop loss blue horizontals. just bagged 83 pips on 1st leg ad 30ish on second so far {image}
Ignored
Thanks pamc sir.
seems like trigger the Sell Limits; the hunt their SL...easy money for MM
Determination + Persistence = Success
 
2
  • Post #11,387
  • Quote
  • Apr 9, 2020 9:46am Apr 9, 2020 9:46am
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,303 Posts
USD CHF nett
Attached Image (click to enlarge)
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Name: USD CHF nett.png
Size: 74 KB
 
1
  • Post #11,388
  • Quote
  • Apr 9, 2020 9:57am Apr 9, 2020 9:57am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
Quoting pamc
Disliked
EURUSDnett see all the sell limits as nett ofpendings above. and the stop loss blue horizontals. just bagged 83 pips on 1st leg ad 30ish on second so far {image}
Ignored
Very nice trade.
Patience & Discipline
 
1
  • Post #11,389
  • Quote
  • Apr 9, 2020 9:59am Apr 9, 2020 9:59am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
GBP/CHF 4 hour chart update.

Railroad tracks.
Attached Image (click to enlarge)
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Name: gbpchfi-h4-tw-corp-g-c.png
Size: 36 KB
Patience & Discipline
 
1
  • Post #11,390
  • Quote
  • Apr 9, 2020 10:08am Apr 9, 2020 10:08am
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,303 Posts
This for Billy. this is how GU pending order was nett at 4am. also heading now for the sl clusters above and my tp
Attached Image (click to enlarge)
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Name: GU 4am matching pendings nett.png
Size: 64 KB
 
1
  • Post #11,391
  • Quote
  • Apr 9, 2020 10:13am Apr 9, 2020 10:13am
  •  VicarPhilip
  • | Joined Mar 2020 | Status: Member | 97 Posts
I don't normally drop down to M15 TF but it's funny seeing the stop hunts in progress.
Attached Image (click to enlarge)
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Name: Screenshot1.png
Size: 30 KB
 
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  • Post #11,392
  • Quote
  • Apr 9, 2020 10:20am Apr 9, 2020 10:20am
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,303 Posts
Quoting VicarPhilip
Disliked
I don't normally drop down to M15 TF but it's funny seeing the stop hunts in progress. {image}
Ignored
Attached Image (click to enlarge)
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Name: usd cad nett.png
Size: 73 KB
Attached Image (click to enlarge)
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Name: USDCAD gross.png
Size: 69 KB


hows that??
 
2
  • Post #11,393
  • Quote
  • Edited 10:56am Apr 9, 2020 10:38am | Edited 10:56am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
Quoting VicarPhilip
Disliked
I don't normally drop down to M15 TF but it's funny seeing the stop hunts in progress. {image}
Ignored
15 minute chart will help you go insane.
Patience & Discipline
 
2
  • Post #11,394
  • Quote
  • Apr 9, 2020 10:46am Apr 9, 2020 10:46am
  •  VicarPhilip
  • | Joined Mar 2020 | Status: Member | 97 Posts
Quoting pamc
Disliked
{quote} {image}{image} hows that??
Ignored
LOL good ones pamc
 
1
  • Post #11,395
  • Quote
  • Apr 9, 2020 10:52am Apr 9, 2020 10:52am
  •  SidneyMagal
  • | Joined Feb 2020 | Status: Member | 189 Posts
Guys we spoke EURUSD earlier and it seems to have settled above a potential resistance line, that was clearly news driven, but would it still count as an upward trend or better to wait and see for a potential retrace? If its now clear that its going up, the top of Level 1, at least in my eyes, would be around 1.0855, so would still be a fair amount of time to jump on board before arriving at level 2
Attached Image (click to enlarge)
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Name: Screenshot1.png
Size: 15 KB
 
1
  • Post #11,396
  • Quote
  • Apr 9, 2020 11:02am Apr 9, 2020 11:02am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
Quoting SidneyMagal
Disliked
Guys we spoke EURUSD earlier and it seems to have settled above a potential resistance line, that was clearly news driven, but would it still count as an upward trend or better to wait and see for a potential retrace? If its now clear that its going up, the top of Level 1, at least in my eyes, would be around 1.0855, so would still be a fair amount of time to jump on board before arriving at level 2 {image}
Ignored
I think the next stop is around 1.10300

Good luck
Attached Image (click to enlarge)
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Name: eurusdi-h4-tw-corp-e-u.png
Size: 44 KB
Patience & Discipline
 
2
  • Post #11,397
  • Quote
  • Apr 9, 2020 11:13am Apr 9, 2020 11:13am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
Note: On the 4 hour chart.

On a 4 hour chart that is moving lower or higher.

When you see 5 or 6 candles that are lined up next to each other this means that a change is coming soon.

Remember these 5 or 6 candles represent 20-24 hours, so there is a lot of pressure built up.

Think of these 5 or 6 candles as air going into a balloon, the balloon can only take so much pressure before it has to be released.

This is why a pair will take off in a lower or higher direction like a rocket. A lot of traders are trapped in these 5 or 6 candles.

Bigger moves come on the 4 hour chart.
Patience & Discipline
 
5
  • Post #11,398
  • Quote
  • Apr 9, 2020 12:03pm Apr 9, 2020 12:03pm
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
out of all positions, cash for long weekend. I will probably start trading on Tuesday.
this week was my best in long time. thx to EA my trading is much faster, more efficient and lucrative.


wish you all healthy incoming days.

thank you all
Forex can only be understood backwards, but it must be traded forwards.
 
4
  • Post #11,399
  • Quote
  • Apr 9, 2020 12:09pm Apr 9, 2020 12:09pm
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
The GBP/USD 4 hour chart moving higher.

Good places to buy.

Not so good of places to buy.
Attached Image (click to enlarge)
Click to Enlarge

Name: gbpusdi-h4-tw-corp-g-u.png
Size: 37 KB
Patience & Discipline
 
2
  • Post #11,400
  • Quote
  • Apr 9, 2020 12:10pm Apr 9, 2020 12:10pm
  •  RieseP
  • Joined Nov 2016 | Status: Member | 905 Posts
Quoting prozor7
Disliked
out of all positions, cash for long weekend. I will probably start trading on Tuesday. this week was my best in long time. thx to EA my trading is much faster, more efficient and lucrative. wish you all healthy incoming days. thank you all
Ignored
Same, good opportunity this week. Should be the same fore next week. Many corrections on the horizon. Tempted to get involved in E/U for few extra pips if we get small retracments for another leg to the upside.

Good work
 
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