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Attachments: The Jail Break System
Exit Attachments

The Jail Break System

Quoting PokerChip
Just closed my GBP/USD trade at 1.26000 Mission accomplished.
Thanks for all the advice on this pair, I too cashed out green and smarter for the experience thanks to many in this chat

Question about that EURUSD chart, how do you plot the level 2 from there and how valid is the trade from there? I noted all that raise above the box and drop back into and thought maybe it didn't really fit into a trend so was best left alone
Quoting VicarPhilip
{quote} And PC trust me as I type this with burnt fingers... I won't be trading it until its direction is clear! lol
hi vp and pc
i am hanging in it man .
Gannicus killer
Quoting SidneyMagal
{quote} Thanks for all the advice on this pair, I too cashed out green and smarter for the experience thanks to many in this chat Question about that EURUSD chart, how do you plot the level 2 from there and how valid is the trade from there? I noted all that raise above the box and drop back into and thought maybe it didn't really fit into a trend so was best left alone
Same I wouldn’t expect that to meet criteria. I think it’s a art in itself to identify a box.
Quoting RickMTB
{quote} Thank you PC!! Great advice as always! In PC we trust! Looking for next entry once lvl3 shows it’s face I presume?
You're welcome sir.
Patience, let the trade come to you.
Quoting SidneyMagal
{quote} Thanks for all the advice on this pair, I too cashed out green and smarter for the experience thanks to many in this chat Question about that EURUSD chart, how do you plot the level 2 from there and how valid is the trade from there? I noted all that raise above the box and drop back into and thought maybe it didn't really fit into a trend so was best left alone
You're welcome sir.

I don't trade the EUR/USD or EUR/GBP these pairs will not work with the jail break system.

I truly believe that who ever the account managers are for these pairs are crazy nuts.

I mean look at these patterns that they leave. Who does that ?

I wouldn't have any idea where to place the 2nd level at. Where I placed it, it would be wrong.
Patience, let the trade come to you.
Quoting RieseP
{quote} Same I wouldn’t expect that to meet criteria. I think it’s a art in itself to identify a box.
Keep drawing the boxes on your charts and you'll get there.

It will be worth it in the end, I promise you that.

Once you learn it, you'll never forget it.
Patience, let the trade come to you.
Quoting gill1988
{quote} hi vp and pc i am hanging in it man .
That's good, you'll get there soon enough.
Patience, let the trade come to you.
Quoting PokerChip
{quote} We will see, I hope you are right, as always.
Attached Image


we still have a few hours, your area was hit 12600 and we made to within 15 points of the adr.
I was not involved with any daily range hunting today.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Quoting SidneyMagal
{quote} Thanks for all the advice on this pair, I too cashed out green and smarter for the experience thanks to many in this chat Question about that EURUSD chart, how do you plot the level 2 from there and how valid is the trade from there? I noted all that raise above the box and drop back into and thought maybe it didn't really fit into a trend so was best left alone
EUR/USD is weird. I think the 3rd level often transitions into level 1 on reversals. Levels are also smaller on this chart and sometimes i swear it'll only do two levels.
And right now its largely consolidating so the reversals aren't as pointed

Heres my chart. Little different than PCs
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 39 KB
every bar counts
Quoting billytt
{quote} {image} we still have a few hours, your area was hit 12600 and we made to within 15 points of the adr. I was not involved with any daily range hunting today.
The Discipline Trader
Patience, let the trade come to you.
Quoting PokerChip
Good morning everyone.
good day PC and all
Forex can only be understood backwards, but it must be traded forwards.
Quoting Dzap
{quote} EUR/USD is weird. I think the 3rd level often transitions into level 1 on reversals. Levels are also smaller on this chart and sometimes i swear it'll only do two levels. And right now its largely consolidating so the reversals aren't as pointed Heres my chart. Little different than PCs {image}
Better looking chart than my chart.

I wish you a lot of luck.
Patience, let the trade come to you.
Quoting prozor7
{quote} good day PC and all
Good morning Pro7,

Your charts look good as well.

Stay Safe.
Patience, let the trade come to you.
GBP CAD BUY,
AUD NZD BUY
EUR CHF sell
am in all these . retail sentiment is extreme the opposite. going to slaughterhouse. if u are in these be cautious
Quoting PokerChip
{quote} Better looking chart than my chart. I wish you a lot of luck.
Ha thank you.
I probably should have just taken my exit,
That last white candle just fully retraced just shy of my alert, back to waiting

Dont really care ) GPBUSD paid nicely this morning
every bar counts
Quoting pamc
GBP CAD BUY, AUD NZD BUY EUR CHF sell am in all these . retail sentiment is extreme the opposite. going to slaughterhouse. if u are in these be cautious
hi pamc,

be careful with EURCHF around 1.05355 it is major support line
Forex can only be understood backwards, but it must be traded forwards.
Quoting prozor7
{quote} hi pamc, be careful with EURCHF around 1.05355 it is major support line
thanks P but I don't believe in support res. Purely MM manipulation
Quoting pamc
GBP CAD BUY, AUD NZD BUY EUR CHF sell am in all these . retail sentiment is extreme the opposite. going to slaughterhouse. if u are in these be cautious
How much further are you expecting AUDNZD to go?? Ive dipped my toes in the water now we are above the 3rd level of jail break and above the 0.0 on Fib to mark a full retrace of the cycle that started March 4th. Id like to go in heavier, but theres no confirmation of reversal yet
Quoting SidneyMagal
{quote} How much further are you expecting AUDNZD to go?? Ive dipped my toes in the water now we are above the 3rd level of jail break and above the 0.0 on Fib to mark a full retrace of the cycle that started March 4th. Id like to go in heavier, but theres no confirmation of reversal yet
imo 1.06100ish, even 1.06880 that's my tp1/2 don't go heavy
I base it on the retail orders above sellingheavy
Quoting pamc
{quote} imo 1.06100ish, even 1.06880 that's my tp1/2 don't go heavy I base it on the retail orders above sellingheavy
Thanks, ill stay vigilant for those areas before increasing my stake. I think we will get the reversal on AUDCAD or USD first anyway so that's my priority. Though that is assuming AUD ever slows down at all
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