The Jail Break System | Page 592 | Forex Factory

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The Jail Break System

  • #11,821
  • Apr 16, 2020 10:10am Apr 16, 2020 10:10am
Cable, my short is closed and i am done..

shorted off a 2 hour bar and once that 00-00 4 hour range low was hit, i kept it for a while, took part of the range.
Now it can go back up.
t 16-10
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,822
  • Apr 16, 2020 10:12am Apr 16, 2020 10:12am
Attached Image (click to enlarge)
Click to Enlarge Name: GU 160420 1810.png Size: 45 KB
  • #11,823
  • Apr 16, 2020 10:14am Apr 16, 2020 10:14am
Quoting billytt
Cable, my short is closed and i am done.. shorted off a 2 hour bar and once that 00-00 4 hour range low was hit, i kept it for a while, took part of the range. Now it can go back up. t 16-10
Nice trade Billy.
Patience, let the trade come to you.
  • #11,824
  • Apr 16, 2020 10:16am Apr 16, 2020 10:16am
oh wow we have 44 viewers now.
  • #11,825
  • Apr 16, 2020 10:18am Apr 16, 2020 10:18am
Does everybody see the " M " in the white box ?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-g-u-2.png Size: 36 KB
Patience, let the trade come to you.
  • #11,826
  • Apr 16, 2020 10:18am Apr 16, 2020 10:18am
Quoting PokerChip
{quote} Nice trade Billy.
Thanks PC, as the range was low i could trade off a 2 hour bar/candle.
If it moved i would be with it, if i had a fail (which i did) i would have big odds of fixing it, which i did (twice).
As i keep saying, when the market makers move , i am with them.
t 16-18
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,827
  • Apr 16, 2020 10:20am Apr 16, 2020 10:20am
Quoting PokerChip
Does everybody see the " M " in the white box ? {image}
yep
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,828
  • Apr 16, 2020 10:22am Apr 16, 2020 10:22am
Quoting PokerChip
Does everybody see the " M " in the white box ? {image}
I see it, but I thought an 'M' was more likely to occur at a market top and a 'W' at the bottom ?
  • #11,829
  • Apr 16, 2020 10:27am Apr 16, 2020 10:27am
Quoting PokerChip
Does everybody see the " M " in the white box ? {image}
yeh mate but I prefer em when the encompass the peak too to include the stop hunt to the high in order to go south.
right now a load of sell stops triggered. if they want to go further south to trigger the buy limits, they will have to accumulate for a while and try to whip saw em off their backs. mmm I see a slow increase in recent relative longs so that might be a magnet to go shorter
  • #11,830
  • Apr 16, 2020 10:29am Apr 16, 2020 10:29am
Quoting billytt
{quote} Thanks PC, as the range was low i could trade off a 2 hour bar/candle. If it moved i would be with it, if i had a fail (which i did) i would have big odds of fixing it, which i did (twice). As i keep saying, when the market makers move , i am with them. t 16-18
We have to move with them, not much of a future if we don't.
Patience, let the trade come to you.
  • #11,831
  • Apr 16, 2020 10:31am Apr 16, 2020 10:31am
Quoting Wellington
{quote} I see it, but I thought an 'M' was more likely to occur at a market top and a 'W' at the bottom ?
The market maker will use a couple of 4 hour green candles, then trap them when he heads south, creating the " M ".

This is part of his game.
Patience, let the trade come to you.
  • #11,832
  • Apr 16, 2020 10:33am Apr 16, 2020 10:33am
Quoting pamc
{quote} yeh mate but I prefer em when the encompass the peak too to include the stop hunt to the high in order to go south. right now a load of sell stops triggered. if they want to go further south to trigger the buy limits, they will have to accumulate for a while and try to whip saw em off their backs. mmm I see a slow increase in recent relative longs so that might be a magnet to go shorter
I hope it doesn't move any farther south.

I'm stuck.
Patience, let the trade come to you.
  • #11,833
  • Apr 16, 2020 10:33am Apr 16, 2020 10:33am
Quoting PokerChip
{quote} He's trapping, it will move back up.
Good news, because ive just increased my long position. Maverick
  • #11,834
  • Apr 16, 2020 10:41am Apr 16, 2020 10:41am
Cable,
almost at the Daily range low , let it race back up zooooooooooooom for you guys.
Attached Image




edit, A = adr range line.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,835
  • Apr 16, 2020 10:42am Apr 16, 2020 10:42am
Quoting SidneyMagal
{quote} Good news, because ive just increased my long position. Maverick
That will be a good trade.
Patience, let the trade come to you.
  • #11,836
  • Apr 16, 2020 10:42am Apr 16, 2020 10:42am
Quoting PokerChip
Does everybody see the " M " in the white box ? {image}
I donīt see a "M" clearly -but i am playing this with a short from the top of my 1H JB-level 1 down box.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 95 KB
You cant beat the MM - so join them!!!
  • #11,837
  • Apr 16, 2020 10:42am Apr 16, 2020 10:42am
Quoting billytt
Cable, almost at the Daily range low , let it race back up zooooooooooooom for you guys. {image} edit, A = adr range line.
That's a good easy to read chart.
Patience, let the trade come to you.
  • #11,838
  • Apr 16, 2020 10:50am Apr 16, 2020 10:50am
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad 1604 tp 67p.png Size: 51 KB


USDCAD hit 2% slc below 1st and then targeted the above slc. closed at 67pips
  • #11,839
  • Apr 16, 2020 11:01am Apr 16, 2020 11:01am
Quoting pamc
{image} USDCAD hit 2% slc below 1st and then targeted the above slc. closed at 67pips
That was a heck of a trade, nice job.
Patience, let the trade come to you.
  • #11,840
  • Apr 16, 2020 11:07am Apr 16, 2020 11:07am
GBP/USD

100 pip stop hunt.
Patience, let the trade come to you.
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