The Jail Break System | Page 594 | Forex Factory

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The Jail Break System

  • #11,861
  • Apr 16, 2020 12:43pm Apr 16, 2020 12:43pm
Quoting VicarPhilip
{quote} Boy that was ugly. Just needs to come up about 80 pips and I'll feel better.
Lol, that was ugly.

He's going to have to pull away from the bottom if he wants to make a profit.

Now if it really starts moving up he's a buyer.
Patience, let the trade come to you.
  • #11,862
  • Apr 16, 2020 12:53pm Apr 16, 2020 12:53pm
Quoting prozor7
good day to all USDCAD 1.41706 D1 support / resistance watching 1.42048 - 1.43523 MN resistance range as scalp sell breaking this level up to 1.47026 {image}
Hi
Before you draw lofty numbers I suggest you pay attention to SOME fundamentals.
OPEC cuts starts from May in which case 30-40 range for crude and that will push UC below 1.40
Thought to give you a heads up!
In trading, you have to be defensive and aggressive at the same time
  • #11,863
  • Apr 16, 2020 1:33pm Apr 16, 2020 1:33pm
Quoting Davit
{quote} Hi Before you draw lofty numbers I suggest you pay attention to SOME fundamentals. OPEC cuts starts from May in which case 30-40 range for crude and that will push UC below 1.40 Thought to give you a heads up!
cheers Davit
  • #11,864
  • Apr 16, 2020 1:53pm Apr 16, 2020 1:53pm
Gold H4

breakout for 1750?

Attached Image (click to enlarge)
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  • #11,865
  • Apr 16, 2020 2:14pm Apr 16, 2020 2:14pm
good night all. catch ya all tomorrow
  • #11,866
  • Apr 16, 2020 2:26pm Apr 16, 2020 2:26pm
Quoting pamc
good night all. catch ya all tomorrow
Good night PAMC.
Patience, let the trade come to you.
  • #11,867
  • Apr 16, 2020 3:06pm Apr 16, 2020 3:06pm
Quoting PokerChip
{quote} Billy how many days do you use to calculate the daily range ?
Hi PC, i use 5 days and not Sunday. Some like 20 .Bank hols obviously drop it down, but we don't normally trade then. I also watch the individual candles, we may have 4 at 100 and 1 at 300 as an example. I would still trade for the 100 not 140;adr
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,868
  • Apr 16, 2020 3:35pm Apr 16, 2020 3:35pm
Quoting pamc
good night all. catch ya all tomorrow
Good night and sweet dreams
  • #11,869
  • Apr 16, 2020 3:35pm Apr 16, 2020 3:35pm
Quoting thevisitor
Gold H4 breakout for 1750? {image}
Very nice ploted charts. i love those levels, it can been seen so clearly

pls what time frame is this?
  • #11,870
  • Apr 16, 2020 4:02pm Apr 16, 2020 4:02pm
Quoting Davit
{quote} Hi Before you draw lofty numbers I suggest you pay attention to SOME fundamentals. OPEC cuts starts from May in which case 30-40 range for crude and that will push UC below 1.40 Thought to give you a heads up!
Quoting prozor7
good day to all USDCAD 1.41706 D1 support / resistance watching 1.42048 - 1.43523 MN resistance range as scalp sell breaking this level up to 1.47026
hi Davit,
my fundamentals are based on MATHEMATICS
my fundamentals say that 1.41706 act as support / resistance
my fundamentals say breaking this line price should go up to 1.42048
my fundamentals say breaking this line price should go up to 1.43523
my fundamentals say breaking this line price should go up to 1.47026

trader defend his believes with money.

evidently you don't believe that price could go up to 1.47026, pity you denied yourself view from the other angle.

I'm not kind of trader that will be MARRIED with position!

Thought to give you a heads up!

pro7
Attached Image (click to enlarge)
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Forex can only be understood backwards, but it must be traded forwards.
  • #11,871
  • Apr 16, 2020 4:15pm Apr 16, 2020 4:15pm
Quoting princiano
{quote} Very nice ploted charts. i love those levels, it can been seen so clearly pls what time frame is this?
thank you!

4 hour chart (H4)

good night !!
  • #11,872
  • Apr 16, 2020 4:32pm Apr 16, 2020 4:32pm
Quoting thevisitor
{quote} thank you! 4 hour chart (H4) good night !!
Good night.
Patience, let the trade come to you.
  • #11,873
  • Apr 16, 2020 4:45pm Apr 16, 2020 4:45pm
Last update today

NZD/JPY

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  • #11,874
  • Apr 16, 2020 5:27pm Apr 16, 2020 5:27pm
What is our target for NZD/JPY? or would you wait until the next level is confirmed before we TP?
  • #11,875
  • Apr 16, 2020 5:39pm Apr 16, 2020 5:39pm
Reason to the surge in price in last 2 houra
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  • #11,876
  • Apr 16, 2020 5:39pm Apr 16, 2020 5:39pm
Quoting thevisitor
Last update today NZD/JPY {image}
Your chart is perfect.

Nice job.
Patience, let the trade come to you.
  • #11,877
  • Apr 16, 2020 5:40pm Apr 16, 2020 5:40pm
NZD/JPY 4 hour chart update.

The blue arrows are called fractals.

I'm just learning about them, they're very accurate on the 4 hour chart and daily chart.
Attached Image (click to enlarge)
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Patience, let the trade come to you.
  • #11,878
  • Apr 16, 2020 5:43pm Apr 16, 2020 5:43pm
[quote=PokerChip;12881931]NZD/JPY 4 hour chart update. The blue arrows are called fractals. I'm just learning about them, they're very accurate on the 4 hour chart and daily chart. {image}[/quot

What do the visualise?
  • #11,879
  • Edited 6:08pm Apr 16, 2020 5:54pm | Edited 6:08pm
[quote=RieseP;12881935]
Quoting PokerChip
NZD/JPY 4 hour chart update. The blue arrows are called fractals. I'm just learning about them, they're very accurate on the 4 hour chart and daily chart. {image}[/quot What do the visualise?
They really tell the truth about the direction of a pair.

I'm just learning about them right now.

I'll be back and post what I learn.

Okay I'm back.

Here's how a fractal works.

If a fractal is pointing up and along comes a candle and passes the fractal on the left because it's moving up this would mean it's time to enter a buy trade.

If a fractal is pointing down and along comes a candle and passes the closest lowest fractal this would time to enter a sell trade.

Fractals are known to be very accurate on the 4 hour chart and the daily chart.

I will be leaving them on all my charts from now on.

Where you see the word " Here " means the fractal is next to it.
Attached Image (click to enlarge)
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Patience, let the trade come to you.
  • #11,880
  • Apr 16, 2020 6:40pm Apr 16, 2020 6:40pm
NZD/JPY 4 hour chart update.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpyi-h4-tw-corp-n-j-5.png Size: 53 KB
Patience, let the trade come to you.
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