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The Jail Break System

  • #13,201
  • May 20, 2020 5:10am May 20, 2020 5:10am
USD/JPY 30 minute chart update.

Were going to have reversal soon on this pair.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-m30-tw-corp-1s.png Size: 46 KB
Patience, let the trade come to you.
  • #13,202
  • May 20, 2020 5:14am May 20, 2020 5:14am
Quoting PokerChip
USD/JPY 30 minute chart update. Were going to have reversal soon on this pair. {image}
I agree found support with 200ema on 15min chart. Had it broke I was looking to sell for quick +10.

200ema a good filter for me on lower charts. If 200 on 15 min it’s Same location as 50ema on 1 hour.
  • #13,203
  • May 20, 2020 6:03am May 20, 2020 6:03am
Quoting billytt
Quoting AnfieldL4
{quote} Hi Billytt, your summary of today’s early trades interests me when you refer to “being a bit late” to close a trade and now you are in a counter trade and will fix it at the next break. Could you please explain how you do this in more detail ? I Hi A, I was 4 points up and looking for 5. We had retrace and I had a feeling it would fail, So I tried to manually close the short for +1 but I couldn't. So I let the ADR run. It's no problem as this happens. I made a counter to offset the Fail and I went Long and got +5%.
...
Thanks Billy for the explanation. I understand how you approach a losing trade and fix it

You have a very effective trading strategy.

Cheers
  • #13,204
  • May 20, 2020 6:43am May 20, 2020 6:43am
How are u all doing today?
  • #13,205
  • May 20, 2020 6:53am May 20, 2020 6:53am
Quoting pamc
How are u all doing today?
I hope you are well, and you had a great birthday.

Doing good, happy to be here.
Patience, let the trade come to you.
  • #13,206
  • May 20, 2020 6:57am May 20, 2020 6:57am
Quoting PokerChip
{quote} I hope you are well, and you had a great birthday. Doing good, happy to be here.
Hi Brad.Had a great time. So good to have all the family together.
Anyone take the AUDUSD to the stops above or the GU to stops below? The EURAUD will go up now that the AUD USD will start to drop. Bear in mind the target on the chart.
  • #13,207
  • May 20, 2020 7:01am May 20, 2020 7:01am
I have buys in EUR/AUD, USD/CAD and USD/JPY right now.
Patience, let the trade come to you.
  • #13,208
  • May 20, 2020 7:05am May 20, 2020 7:05am
Quoting PokerChip
I have buys in EUR/AUD, USD/CAD and USD/JPY right now.
Attached Image (click to enlarge)
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  • #13,209
  • May 20, 2020 7:06am May 20, 2020 7:06am
Quoting pamc
{quote} Hi Brad.Had a great time. So good to have all the family together. Anyone take the AUDUSD to the stops above or the GU to stops below? The EURAUD will go up now that the AUD USD will start to drop. Bear in mind the target on the chart.
I have buy 5 trades in GBP/USD, I'm still stuck in 4 of them.
Patience, let the trade come to you.
  • #13,210
  • May 20, 2020 7:06am May 20, 2020 7:06am
Attached Image (click to enlarge)
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  • #13,211
  • May 20, 2020 7:07am May 20, 2020 7:07am
USDCAD has some more downside/ to those large pendings and stops below
  • #13,212
  • May 20, 2020 7:10am May 20, 2020 7:10am
Quoting PokerChip
I have buys in EUR/AUD, USD/CAD and USD/JPY right now.
What is your view on EUR/USD?

It's quite far away from Phase 3 and I have it on my chart that it will go down when it hits the supply zone (roughly around 1.1000).
  • #13,213
  • May 20, 2020 7:12am May 20, 2020 7:12am
Quoting shrav
{quote} What is your view on EUR/USD? It's quite far away from Phase 3 and I have it on my chart that it will go down when it hits the supply zone (roughly around 1.1000).
Eur/Usd chart
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd supply.png Size: 221 KB
  • #13,214
  • May 20, 2020 7:12am May 20, 2020 7:12am
Quoting PokerChip
{quote} I have buy 5 trades in GBP/USD, I'm still stuck in 4 of them.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_254.png Size: 72 KB
  • #13,215
  • May 20, 2020 7:13am May 20, 2020 7:13am
Attached Image (click to enlarge)
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  • #13,216
  • May 20, 2020 7:15am May 20, 2020 7:15am
UJ note thos orders buystops above. along with the sellers stoploss clusters
  • #13,217
  • May 20, 2020 7:20am May 20, 2020 7:20am
Quoting pamc
USDCAD has some more downside/ to those large pendings and stops below
I see that now. I the chart service that you use is getting another customer.

Crazy not to have this chart service.

If I had it I would have seen this coming, lol live and learn.

Thanks for posting all those charts.
Patience, let the trade come to you.
  • #13,218
  • May 20, 2020 7:20am May 20, 2020 7:20am
Quoting shrav
{quote} Eur/Usd chart {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_256.png Size: 65 KB


IMO upwards to that dotted line at least possibly a bit further for those buystops etc
  • #13,219
  • May 20, 2020 7:35am May 20, 2020 7:35am
Quoting pamc
{image}
USD/CAD- After he moves down and grabs those sell trades he takes it up, is that about how it works ?
Patience, let the trade come to you.
  • #13,220
  • May 20, 2020 7:52am May 20, 2020 7:52am
Quoting pamc
{quote} Hi Brad.Had a great time. So good to have all the family together. Anyone take the AUDUSD to the stops above or the GU to stops below? The EURAUD will go up now that the AUD USD will start to drop. Bear in mind the target on the chart.
I took the aud/usd long to stops. Now in usd/jpy and eur/aud long and aud/usd short. Learning everyday.
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