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The Jail Break System

  • #11,901
  • Apr 17, 2020 1:55am Apr 17, 2020 1:55am
Quoting thevisitor
Good morning!! Gold Daily 2 boxes to watch: {image}
morning T
great chart
thx for analysis
Forex can only be understood backwards, but it must be traded forwards.
  • #11,902
  • Apr 17, 2020 2:10am Apr 17, 2020 2:10am
Quoting prozor7
{quote} morning T great chart thx for analysis
nothing special
thank you very much prozor7
  • #11,903
  • Apr 17, 2020 2:18am Apr 17, 2020 2:18am
Quoting billytt
Cable, 00-00 4 hour bar break.. Chart was copied a few minutes ago. The 00-00 range is 45. My adr for today is 114. adr high area is 12590 {image} below. Or if it moves down, the adr area is 12410 {image} area will be adjusted as price moves. time now = -07-12 edit. 0 = 00-00 bar. A = the adr line showing where area is. t 07-13
So, Billy, you wait for the first H4 candle to be formed after London session starts. Then you wait for a break out of this candle and trade in that direction. Then your SL will be the other side of that H4 candle and you use ADR to determine your possible TP.

Am I right? If not, would you correct me please?
Cheers
  • #11,904
  • Apr 17, 2020 2:20am Apr 17, 2020 2:20am
Quoting PokerChip
NZD/JPY 4 hour chart update. {image}
In this particular case you had a red candle out of the blue box, then almost immediately afterwards another breakout, this time from above the box. This means the first trade was a loser. Am I right?
  • #11,905
  • Apr 17, 2020 2:33am Apr 17, 2020 2:33am
Quoting finally-2020
{quote} So, Billy, you wait for the first H4 candle to be formed after London session starts. Then you wait for a break out of this candle and trade in that direction. Then your SL will be the other side of that H4 candle and you use ADR to determine your possible TP. Am I right? If not, would you correct me please? Cheers
wrong, lol, sorry.
Hi F, hope you are well.
First, Breakout method is a very old method.
I post in here different setups, but here goes,
Below Cable today. we have the 00-00 4 hour bar,, that is midnigh to 04-00 am UK time.
Attached Image


the next candle/bar breaks the Low, see below
Attached Image

What now, we can hunt the daily range , BUT we do not know if it will keep going down? we could of taken a few pips/points.

we do know what happened time now t 10-33

edit. The low broke and it retraced up, from that chart, at that point, we have no idea if it will keep retracing up or go south again.
This is the hard part., as we know now it dropped.
The point is, we are now playing the daily range, it is all numbers.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,906
  • Apr 17, 2020 2:39am Apr 17, 2020 2:39am
Quoting billytt
{quote} wrong, lol, sorry. Hi F, hope you are well. First, Breakout method is a very old method. I post in here different setups, but here goes, Below Cable today. we have the 00-00 4 hour bar,, that is midnigh to 04-00 am UK time. {image} the next candle/bar breaks the Low, see below {image} What now, we can hunt the daily range , BUT we do not know if it will keep going down? we could of taken a few pips/points. we do know what happened time now t 10-33 edit. The low broke and it retraced up, from that chart, at that point, we have no idea if...
Thanks mate. So, how's your style then? I've been having your posts under my radar for a while now. It's so interesting to me.
  • #11,907
  • Apr 17, 2020 2:39am Apr 17, 2020 2:39am
Quoting finally-2020
{quote} In this particular case you had a red candle out of the blue box, then almost immediately afterwards another breakout, this time from above the box. This means the first trade was a loser. Am I right?
and this is what happend,
Attached Image


below, with the adr line area.
Attached Image


edit, if price retraces up and breaks the 00-00 4 hr high. on paper it will only make 10 points.

I know it could well break high and move up 100 , that isnt the point.
i work off adr.
That is why my day has finished, i am like a fish out of water because i have no lines to trade off.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,908
  • Apr 17, 2020 2:44am Apr 17, 2020 2:44am
Quoting TraderR0N
Happy Easter Day to everyone. Some heads up for some pairs below to start the new week. Patience is needed and will be rewarded. Trade Idea. EURAUD - I will be looking to buy this pair next week heading north area. AUDUSD, AUDJPY and AUDNZD heading south soon. EURNZD - I will be looking to buy this pair next week heading north area. NZDUSD, NZDJPY and NZDCAD heading south soon. USDCAD - 1.36000 - 1.34500 level can be reached next week and buyers will be waiting there for a 3 level up to north area. GBPJPY - 118.000 - 117.500 can still be seen and...
Hey Ron, just checking through your forecasts for this week and I can see that most of them have played out the way you said they would. Very nice mate Noticed as well that they've made you a commercial member now - what's the story there?
  • #11,909
  • Apr 17, 2020 2:45am Apr 17, 2020 2:45am
Quoting billytt
{quote} and this is what happend, {image} below, with the adr line area. {image}
Honestly I can't see how this is different from my perception. Can you please explain a bit more? I mean I feel this is just what I said
  • #11,910
  • Apr 17, 2020 2:51am Apr 17, 2020 2:51am
Quoting Wellington
{quote} Hey Ron, just checking through your forecasts for this week and I can see that most of them have played out the way you said they would. Very nice mate Noticed as well that they've made you a commercial member now - what's the story there?

brokers complained. simple. that's how things work on FF
  • #11,911
  • Apr 17, 2020 2:54am Apr 17, 2020 2:54am
Quoting pamc
{quote} brokers complained. simple. that's how things work on FF
Gotcha - free speech, up to a point...
  • #11,912
  • Apr 17, 2020 2:57am Apr 17, 2020 2:57am
Quoting finally-2020
{quote} Honestly I can't see how this is different from my perception. Can you please explain a bit more? I mean I feel this is just what I said
Hi F, you said 4 hour and UK Open,
4 hour candle is 00-00. sometimes the 04-00 4 hour,
UK open is 15 minute candle, a big big disfference.
Ask questions and i will gladly answer.
I have candles and stats,
candles stats candles stats. i play them against each other, whilst watchuing the daily range. (or part of it).
Trade well bud.

edit, i just added a word, said
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,913
  • Apr 17, 2020 2:58am Apr 17, 2020 2:58am
Quoting Wellington
{quote} Gotcha - free speech, up to a point...
free speech to hopefully shut down or make things difficult. yaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,914
  • Apr 17, 2020 2:59am Apr 17, 2020 2:59am
Quoting billytt
{quote} free speech to hopefully shut down or make things difficult. yaaaaaaaaaaaaaaaay
Yup, seems that way!
  • #11,915
  • Apr 17, 2020 3:01am Apr 17, 2020 3:01am
Quoting pamc
{quote} brokers complained. simple. that's how things work on FF
My 2 ex wives complained, lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,916
  • Apr 17, 2020 3:03am Apr 17, 2020 3:03am
Quoting billytt
Cable, i have just closed my hunt the daily range short,, (or part of it). Thats it, i am all done now, What next.lol t 08-37 {image} closed around about the x
Ridiculously consistent every day, your normally done before ive logged on to FF! Congratulations my friend
  • #11,917
  • Apr 17, 2020 3:04am Apr 17, 2020 3:04am
Once i have traded and blah blah most of daily range has gone, i have no idea, truthful.
Attached Image


Billy, which way d'ya think cable will go , no idea mate lol.

Put me in the 00-00 range, i have a bit more idea,
give me a break i will smash it.
Most times,
Trade well, Stay Safe.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,918
  • Apr 17, 2020 3:06am Apr 17, 2020 3:06am
Quoting SidneyMagal
{quote} Ridiculously consistent every day, your normally done before ive logged on to FF! Congratulations my friend
I echo that sentiment - when lockdown is over I'm making my way to the New Forest to learn the secrets
  • #11,919
  • Apr 17, 2020 3:07am Apr 17, 2020 3:07am
Quoting SidneyMagal
{quote} Ridiculously consistent every day, your normally done before ive logged on to FF! Congratulations my friend
Brexit, virus has made it easy.
I do counter trade and i do have fails.
i failed once about 7 months ago lol.(((JOKING)))

bi had 2 fails yesterday trading off a 2 hour bar/candle but fixed them.
,
Example, today at 00-05 if i went long it would of failed, but i had 114 daily range to play with and fix it.
That ids at its simplest, i need triggers.
Stay Safe.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #11,920
  • Apr 17, 2020 3:09am Apr 17, 2020 3:09am
Quoting SidneyMagal
{quote} Ridiculously consistent every day, your normally done before ive logged on to FF! Congratulations my friend
i have lost 30K 3 times, i do cry at times. many moons ago ,lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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