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The Jail Break System

  • #13,341
  • May 21, 2020 9:25pm May 21, 2020 9:25pm
Quoting billytt
PC, i had a quick look at E/J not being sure about the actual range of a jail break, i just thougt lets look at todays 00-00 4 hour break {image} i didnt add an adr. the high broke for 30 then retrace, currently running at around +5 edit, 1 is the 00-00 bar. the bar next to it did not trigger te low,
PC, Look what happened on an upto date chart.
That's what I trade for with ADR.
t 05-25
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,342
  • May 21, 2020 11:25pm May 21, 2020 11:25pm
Morning Billy!
i see EU as a long at the mo.....twt aka time will tell
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2020-05-22_08-02-14.png Size: 12 KB
used to be undecided but nowadays can't make my mind up
  • #13,343
  • May 21, 2020 11:32pm May 21, 2020 11:32pm
Knowing Billy he's probably already taken his 10 pips off fiber, taken loads of $$$$$ and gone back to sleep!
used to be undecided but nowadays can't make my mind up
  • #13,344
  • May 22, 2020 12:16am May 22, 2020 12:16am
EU my support line has broken so Billy was right again!
used to be undecided but nowadays can't make my mind up
  • #13,345
  • May 22, 2020 12:38am May 22, 2020 12:38am
Quoting mrcreosote
Knowing Billy he's probably already taken his 10 pips off fiber, taken loads of $$$$$ and gone back to sleep!
Nope. I just spoke to you in my room M. Hope you are well.
Cable & E/U got 15 & 10.
My main Cable trade off the 08-00. 15 got +5% and I am done. More coffee and a bacon roll yaaaay. Sun has disappeared too. Lol
Trade well. Take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,346
  • May 22, 2020 4:57am May 22, 2020 4:57am
EUR/JPY 30 minute chart update.

I just bought at 117.223
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyi-m30-tw-corp-ej.png Size: 46 KB
Patience, let the trade come to you.
  • #13,347
  • May 22, 2020 4:59am May 22, 2020 4:59am
Good morning everyone.
Patience, let the trade come to you.
  • #13,348
  • May 22, 2020 5:01am May 22, 2020 5:01am
Quoting PokerChip
Good morning everyone.
How odd.
Hi PC hope you are well.
I have been popping in and out all morning but people are shy.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,349
  • May 22, 2020 5:05am May 22, 2020 5:05am
Quoting billytt
{quote} How odd. Hi PC hope you are well. I have been popping in and out all morning but people are shy.
Good morning Billy,

I hope you are well.

I've been catching up on the post's that I missed over night.
Patience, let the trade come to you.
  • #13,350
  • May 22, 2020 5:08am May 22, 2020 5:08am
Quoting PokerChip
{quote} Good morning Billy, I hope you are well. I've been catching up on the post's that I missed over night.
All good here bud, weather has changed to windy but it is brightening up.
Trading was ok and that's that. Lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,351
  • Edited 5:52am May 22, 2020 5:30am | Edited 5:52am
Quoting PokerChip
EUR/JPY 30 minute chart update. I just bought at 117.223 {image}
HI PC
Some constructive feedback to you

1.You dont buy at R78!
2.When trading crosses you look at majors EU and UJ
EU at 9 ready to fall and UJ coming from swing top likely to get stronger
3.You follow no events that I am aware of.

Overall its not even C trade its NO trade catagory

By the way you trading TDI is below any good trader's tools.Its useless garbage indicator

More about TDI and its shortcomings
Inserted Video

Hope you take this right way.Regards
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4.png Size: 61 KB
In trading, you have to be defensive and aggressive at the same time
  • #13,352
  • May 22, 2020 6:02am May 22, 2020 6:02am
Quoting Davit
{quote} HI PC Some constructive feedback to you 1.You dont buy at R78! 2.When trading crosses you look at majors EU and UJ EU at 9 ready to fall and UJ coming from swing top likely to get stronger 3.You follow no events that I am aware of. Overall its not even C trade its NO trade catagory By the way you trading TDI is below any good trader's tools.Its useless garbage indicator More about TDI and its shortcomings https://www.youtube.com/watch?v=EDuzcUStPgQ Hope you take this right way.Regards {image}
Good morning Davit,
Thank you for the update. Awhile back I had to go to the 30 minute trading chart because I'm stuck in 5 buy trades in GBP/USD. I have been able to grind out some pips everyday this week, except for the trade that I made yesterday in EUR/JPY. It's not going to be easy pulling out of this hole that I got myself into. Hopefully it will work out. Thanks for the post I'll watch here shortly.

Take care,
Patience, let the trade come to you.
  • #13,353
  • May 22, 2020 6:20am May 22, 2020 6:20am
EUR/JPY 30 minute chart update.

Railroad tracks formed now, we should see this pair move north.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyi-m30-tw-corp-ej.png Size: 47 KB
Patience, let the trade come to you.
  • #13,354
  • May 22, 2020 6:32am May 22, 2020 6:32am
Quoting PokerChip
EUR/JPY 30 minute chart update. Railroad tracks formed now, we should see this pair move north. {image}
You might be able to ride it up to 117.70/80
  • #13,355
  • May 22, 2020 6:44am May 22, 2020 6:44am
Quoting Vowwow
{quote} You might be able to ride it up to 117.70/80
I hope to get at least 10 pips right now.
Patience, let the trade come to you.
  • #13,356
  • May 22, 2020 6:55am May 22, 2020 6:55am
Quoting PokerChip
{quote} I hope to get at least 10 pips right now.
My trade PCs are closed down now. But e/j I assume has made the ADR. So might retrace for you.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,357
  • May 22, 2020 8:20am May 22, 2020 8:20am
Quoting billytt
{quote} My trade PCs are closed down now. But e/j I assume has made the ADR. So might retrace for you.
All I could grab was 7 pips.

Better than being stuck, lol.
Patience, let the trade come to you.
  • #13,358
  • May 22, 2020 9:49am May 22, 2020 9:49am
Cable today.
chart below shows what happened.
My adr lines are 100, not the actual adr. it doesnt matter.
Below, we have the 00-00 4 hour bar , let it close.Place adr lines AH/AL at highest and lowest points.
Attached Image


below, bar 1 broke low and bar 2 kept going.
Attached Image


Below, as price moves, we adjust the black adr lines AH/AL off the highest/lowest points
Attached Image


another short range day (so far) it may change before Fri evening close.
But i took my small share..
t 17-48
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,359
  • May 22, 2020 10:01am May 22, 2020 10:01am
E/U another easy one.
te 2 adr lines AH/AL are not precise, it doesnt matter.
Below, let the 00-00 4 hour bar close =T , place adr lines AH/AL ON THE HIGHEST/LOWEST POINTS OF BAR.
Attached Image

ABOVE CHART, you will see the second bar broke low and kept going with 3rd bar.

Below, dont forget to adjust the adr lines AH/AL as price moves.
Attached Image


it isnt always this easy, yesterday we had retrace too
t 18-01

edit.. WE ADJUST THE ADR LINES AH/AL FOR WHEN IT RETRACES...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,360
  • May 22, 2020 11:59am May 22, 2020 11:59am
Quoting billytt
E/U another easy one. te 2 adr lines AH/AL are not precise, it doesnt matter. Below, let the 00-00 4 hour bar close =T , place adr lines AH/AL ON THE HIGHEST/LOWEST POINTS OF BAR. {image} ABOVE CHART, you will see the second bar broke low and kept going with 3rd bar. Below, dont forget to adjust the adr lines AH/AL as price moves. {image} it isnt always this easy, yesterday we had retrace too t 18-01 edit.. WE ADJUST THE ADR LINES AH/AL FOR WHEN IT RETRACES...
Thanks for posting the charts Billy.

Have a great weekend.
Patience, let the trade come to you.
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