The Jail Break System | Page 605 | Forex Factory

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The Jail Break System

  • #12,081
  • Apr 20, 2020 7:37am Apr 20, 2020 7:37am
Good morning from cloudy NY....
  • #12,082
  • Apr 20, 2020 7:37am Apr 20, 2020 7:37am
Hello all hope everybody had a good weekend with family

Good trades guys.

(Bad day in Portugal raining alot i canīt even go outside today).
  • #12,083
  • Apr 20, 2020 7:38am Apr 20, 2020 7:38am
Quoting billytt
{quote} you dont have a dog lol woof
You got me! Damn it!
  • #12,084
  • Apr 20, 2020 7:39am Apr 20, 2020 7:39am
Quoting billytt
{quote} gf is back, plus i have been thieving off forex lol, i had a fail but fixed it
Ah, the girl friend is back, all is well in Billy's world now,lol.

What a life, lol.
Patience, let the trade come to you.
  • #12,085
  • Apr 20, 2020 7:39am Apr 20, 2020 7:39am
Hi PokerChip,
In your H4 time frame charts you use a moving average(thick line) like super trend, can you give it's formula and it's periods, thanks..
  • #12,086
  • Apr 20, 2020 7:41am Apr 20, 2020 7:41am
GBP/USD, I just entered a buy AT 1.24352
Patience, let the trade come to you.
  • #12,087
  • Apr 20, 2020 7:45am Apr 20, 2020 7:45am
Quoting Celal
Hi PokerChip, In your H4 time frame charts you use a moving average(thick line) like super trend, can you give it's formula and it's periods, thanks..
I ema's (5,13,50,200,800) on the charts because I know traders use them. I don't use ema's.

All I use are the 3 levels and the reversals.

I hope I answered your question.

Stay Safe.

Trade Safe.
Patience, let the trade come to you.
  • #12,088
  • Apr 20, 2020 7:46am Apr 20, 2020 7:46am
Cable, i wont it to go up for PC.
1 hour chart copied a few minutes ago.
Attached Image

X broke the low of the preceding 2 hour range ( 2x1 hour candle).
It dropped a few then retraced up, we can still short it, as a retrace trade.
Just saying. lol
t 13-46
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,089
  • Apr 20, 2020 7:48am Apr 20, 2020 7:48am
WTI oil daily chart.

West Texas Intermediate blew right past the point of reversal.

Now it's anyone guess how low it will go.
Attached Image (click to enlarge)
Click to Enlarge Name: wticrude-d1-tw-corp-wti-oil.png Size: 25 KB
Patience, let the trade come to you.
  • #12,090
  • Apr 20, 2020 7:50am Apr 20, 2020 7:50am
Quoting PokerChip
WTI oil daily chart. West Texas Intermediate blew right past the point of reversal. Now it's anyone guess how low it will go. {image}
If someone buys oil atm thinking in 2 years term i think would be very happy, things at this point look not under control lol
  • #12,091
  • Apr 20, 2020 7:50am Apr 20, 2020 7:50am
Quoting billytt
Cable, i wont it to go up for PC. 1 hour chart copied a few minutes ago. {image} X broke the low of the preceding 2 hour range ( 2x1 hour candle). It dropped a few then retraced up, we can still short it, as a retrace trade. Just saying. lol t 13-46
Nice chart Billy, your trading style is starting to sink in now.

You're a excellent teacher, with a lot of patience.
Patience, let the trade come to you.
  • #12,092
  • Apr 20, 2020 7:54am Apr 20, 2020 7:54am
Quoting HBN08
{quote} If someone buys oil atm thinking in 2 years term i think would be very happy, things at this point look not under control lol
I would hope it would be less time than that.

With all of the countries shut down right now, when they all come back online oil should move up in a hurry.

Stay Safe

Trade Well
Patience, let the trade come to you.
  • #12,093
  • Apr 20, 2020 7:55am Apr 20, 2020 7:55am
Quoting PokerChip
{quote} Nice chart Billy, your trading style is starting to sink in now. You're a excellent teacher, with a lot of patience.
i do try and i do want to help,
BUT, if you get it wrong
Attached Image

waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaack
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,094
  • Apr 20, 2020 7:56am Apr 20, 2020 7:56am
Quoting PokerChip
{quote} I would hope it would be less time than that. With all of the countries shut down right now, when they all come back online oil should move up in a hurry. Stay Safe Trade Well
or, we will all be using batteries and power stations run off something else.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,095
  • Apr 20, 2020 7:57am Apr 20, 2020 7:57am
Note: If you are trading the 4 hour chart and you know the direction of a pair.

You'll get 2-3 chances to buy or sell a pair.

The market maker is going to run the price up and down like a yo yo until he has enough buyers or sellers trapped.

Then it will move.
Patience, let the trade come to you.
  • #12,096
  • Apr 20, 2020 8:00am Apr 20, 2020 8:00am
Quoting billytt
{quote} or, we will all be using batteries and power stations run off something else.
hmm it could be actual a reversel point in the energy market

I saw some conspiracy thing that they could leave oil behind. Its just a money machine but...youtube videos might be triky xD
  • #12,097
  • Apr 20, 2020 8:02am Apr 20, 2020 8:02am
Quoting HBN08
{quote} hmm it could be actual a reversel point in the energy market I saw some conspiracy thing that they could leave oil behind. Its just a money machine but...youtube videos might be triky xD
It's going to be awhile before oil fade's away.
Patience, let the trade come to you.
  • #12,098
  • Apr 20, 2020 8:03am Apr 20, 2020 8:03am
Quoting billytt
{quote} i do try and i do want to help, BUT, if you get it wrong {image} waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaack
Lol, that is a brilliant way to get the students attention.

It worked on me in school.
Patience, let the trade come to you.
  • #12,099
  • Apr 20, 2020 8:05am Apr 20, 2020 8:05am
Quoting PokerChip
{quote} It's going to be awhile before oil fade's away.
yes i know. sometimes those conspiricy videos grind my gears and i actualy like x)

btw tomorow we can look to sell AUD/USD if not later today the pair is trying to climb to come down i think
  • #12,100
  • Apr 20, 2020 8:05am Apr 20, 2020 8:05am
Quoting HBN08
{quote} hmm it could be actual a reversel point in the energy market I saw some conspiracy thing that they could leave oil behind. Its just a money machine but...youtube videos might be triky xD
you may well have a point, but oil is disappearing.
AND the Saudis are buying battery technology,
Not sure if it is to take it off the market like some things in the past.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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