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The Jail Break System

  • #11,401
  • Apr 9, 2020 11:13am Apr 9, 2020 11:13am
Quoting prozor7
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
Excellent trading. I'm glad to hear this.

The more you trade the better you're eyes get.

You start to see the chart pattern before it appears.

When you can do this, you're like a machine, emotion is gone.

It's then when it becomes a game.

Have a great weekend.
Patience, let the trade come to you.
  • #11,402
  • Apr 9, 2020 11:15am Apr 9, 2020 11:15am
Quoting PokerChip
The GBP/USD 4 hour chart moving higher. Good places to buy. Not so good of places to buy. {image}
I like the idea of how you enter the markets on the lows/highs or railtracks. I see it as getting yourself a bargain.

you can buy a car at retail or you can wait 6 months for price to reduce. That way the savings you made will cover for the depreciation leaving you stress-free and know you got it at the right price.

hope that make sense
  • #11,403
  • Apr 9, 2020 11:16am Apr 9, 2020 11:16am
Quoting RieseP
{quote} 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
Nice job, get in on those retracements.

That's where the real profit is it.

It's like a gold mine, you've found gold here before.

You just have to keep digging.

So much gold in Australia.
Patience, let the trade come to you.
  • #11,404
  • Apr 9, 2020 11:18am Apr 9, 2020 11:18am
Quoting RieseP
{quote} I like the idea of how you enter the markets on the lows/highs or railtracks. I see it as getting yourself a bargain. you can buy a car at retail or you can wait 6 months for price to reduce. That way the savings you made will cover for the depreciation leaving you stress-free and know you got it at the right price. hope that make sense
Lol, funny you should say that. I was going to put a Lamborghini at the best place to buy.

And a Cadillac at a good place to buy.

No kidding.
Patience, let the trade come to you.
  • #11,405
  • Apr 9, 2020 11:25am Apr 9, 2020 11:25am
Quoting PokerChip
{quote} Lol, funny you should say that. I was going to put a Lamborghini at the best place to buy. And a Cadillac at a good place to buy. No kidding.
great minds think alike
  • #11,406
  • Apr 9, 2020 11:28am Apr 9, 2020 11:28am
If you want to be successful in forex trading.

When you look at a chart find the levels, the closer you are to a reversal that just happened that's a extremely good place to make a entry.

Beware of retracements, this is the market makers trap. This is where he runs the stop hunts.

Always buy below the box, it could be 50-130 pips below the box.

Always sell above the box, 50-130 pips above the box. When your a seller you can book a profit much quicker. Time is money, it really is.

When you say to yourself I'm done trading today. Be done. Turn the monitor off. Go find something to do.

Get plenty of sleep, I can't stress this enough. Tried traders make poor decisions. Believe me when I tell you this, learned the hard way.
Patience, let the trade come to you.
  • #11,407
  • Apr 9, 2020 11:28am Apr 9, 2020 11:28am
Quoting RieseP
{quote} great minds think alike
Lol, are we related ? Ha ha
Patience, let the trade come to you.
  • #11,408
  • Apr 9, 2020 11:30am Apr 9, 2020 11:30am
Watch Trump lift sanctions on Russia, oil will move up then.
Patience, let the trade come to you.
  • #11,409
  • Apr 9, 2020 11:33am Apr 9, 2020 11:33am
Quoting prozor7
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

keep well mate. Happy and healthy easter
  • #11,410
  • Apr 9, 2020 11:35am Apr 9, 2020 11:35am
Quoting RieseP
{quote} 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
more shorts are coming in recently and some longs taken out. will imo continue up as planned.
  • #11,411
  • Apr 9, 2020 1:17pm Apr 9, 2020 1:17pm
Guys, will the markets shut after Tokyo session tonight with everyone else having bank holidays for Easter Friday?? And then im assuming reopen as usual Sunday night/Monday morning

If that's the case I think I will close all of my postions except my Long on USDJPY because its run so far against me in the last 6 hours I believe im better waiting to see how that responds next week, possibly that's a risky stratergy, but it may just be that we are trading below the level1 box...
  • #11,412
  • Edited 2:22pm Apr 9, 2020 1:41pm | Edited 2:22pm
Quoting SidneyMagal
Guys, will the markets shut after Tokyo session tonight with everyone else having bank holidays for Easter Friday?? And then im assuming reopen as usual Sunday night/Monday morning If that's the case I think I will close all of my postions except my Long on USDJPY because its run so far against me in the last 6 hours I believe im better waiting to see how that responds next week, possibly that's a risky stratergy, but it may just be that we are trading below the level1 box...
Forex trading is always closed on Good Friday.

So today is Friday for me.
Patience, let the trade come to you.
  • #11,413
  • Apr 9, 2020 1:44pm Apr 9, 2020 1:44pm
Quoting SidneyMagal
Guys, will the markets shut after Tokyo session tonight with everyone else having bank holidays for Easter Friday?? And then im assuming reopen as usual Sunday night/Monday morning If that's the case I think I will close all of my postions except my Long on USDJPY because its run so far against me in the last 6 hours I believe im better waiting to see how that responds next week, possibly that's a risky stratergy, but it may just be that we are trading below the level1 box...

u should have received an email from your broker about easter trade times. FX is open tomorrow. some other stuff such as indices, metals etc are not.
  • #11,414
  • Apr 9, 2020 1:48pm Apr 9, 2020 1:48pm
Had the same situation with gbpjpy .
it breaks 135.00 level . it finds resistence at 137.200 . thats what i found out my opinion (COULD BE WRONG )
I Also leave it open till next week . it has very slow move.
lets see what happen .

have a nice eve and long weekend fellows .
ciao
Gannicus killer
  • #11,415
  • Apr 9, 2020 2:01pm Apr 9, 2020 2:01pm
Attached Image (click to enlarge)
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IMO the buy stops and sl's just above are large enough cluster and easy to shake off as are the sell limits to the left. I think once that section/zone is sorted they will fake out higher tomorrow and target more buyers from below
  • #11,416
  • Apr 9, 2020 2:02pm Apr 9, 2020 2:02pm
Quoting pamc
{quote} u should have received an email from your broker about easter trade times. FX is open tomorrow. some other stuff such as indices, metals etc are not.
Thanks all, I actually did, I should check those more! In that case have a happy easter everyone and see you next week.

Oh and last thing, Boris goes into the ICU - GBP goes down 250pips, Boris gets out healthy - market does react. As if we didn't already know this was rigged!
  • #11,417
  • Apr 9, 2020 2:10pm Apr 9, 2020 2:10pm
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easter trading schedule GMT+3
  • #11,418
  • Apr 9, 2020 2:23pm Apr 9, 2020 2:23pm
Quoting pamc
{image}{image}{image}{image}{image} easter trading schedule GMT+3
It looks like IC markets is open.

I don't trade on Good Friday, the wife say's that's a no no.

Happy wife, happy life.
Patience, let the trade come to you.
  • #11,419
  • Apr 9, 2020 2:36pm Apr 9, 2020 2:36pm
Quoting PokerChip
{quote} It looks like IC markets is open. I don't trade on Good Friday, the wife say's that's a no no. Happy wife, happy life.
hey mate but the orthodox easter is next week
  • #11,420
  • Apr 9, 2020 2:55pm Apr 9, 2020 2:55pm
Quoting gill1988
Had the same situation with gbpjpy . it breaks 135.00 level . it finds resistence at 137.200 . thats what i found out my opinion (COULD BE WRONG ) I Also leave it open till next week . it has very slow move. lets see what happen . have a nice eve and long weekend fellows . ciao
I feel ya gill, been stuck in EURGBP since last night and thinking of holding unless it gets to BE. Have a great day.
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