The Jail Break System | Page 674 | Forex Factory

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The Jail Break System

  • #13,461
  • Jun 3, 2020 7:05pm Jun 3, 2020 7:05pm
Quoting PokerChip
{quote} Hello Shrav, USD/JPY will move higher. EUR/JPY will also move higher.
looking at them now
  • #13,462
  • Jun 4, 2020 2:12am Jun 4, 2020 2:12am
Quoting PokerChip
{quote} Please, don't get sucked in to selling GBP/USD, it's only going higher. Trust me
Maybe you are right PC but i did close my long positions at 1.26 (from 1.22). Now flat just waiting for starting up short positions when PA & JB says go for it. Round number 1.26 is a very strong SR level imo. and i think it wil be retestet again before reversal.
You cant beat the MM - so join them!!!
  • #13,463
  • Jun 4, 2020 2:53am Jun 4, 2020 2:53am
Attached Image (click to enlarge)
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doing some reverse trade
might or might not work
against the tide
  • #13,464
  • Jun 4, 2020 5:31am Jun 4, 2020 5:31am
Quoting failinforex
{image} doing some reverse trade might or might not work against the tide
get my 30% am flat now
  • #13,465
  • Jun 4, 2020 7:18am Jun 4, 2020 7:18am
Quoting PokerChip
{quote} Hello Shrav, USD/JPY will move higher. EUR/JPY will also move higher. Look at USD/JPY and EUR/JPY that's why I don't use a stop loss.
Hi, Brad. Thanks for the reply.

I agree with not setting an SL. Whenever I used to set SL, it would get triggered eventually, and straight after, the trade would go towards the way I wanted it to go. Very frustrating indeed.

I have been trying to have no SL in my trades when using the Jailbreak system and eventually, it does lead to a profit. It is a very effective strategy as long as you have good money management of your account.

Trade well!
  • #13,466
  • Jun 4, 2020 7:23am Jun 4, 2020 7:23am
GBP/USD

Currently at phase 3?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd phase 3.png Size: 181 KB
  • #13,467
  • Jun 4, 2020 3:03pm Jun 4, 2020 3:03pm
Quoting shrav
GBP/USD Currently at phase 3? {image}
… and expansion, trapping buyers. This could go on for a while but tomorrows NFP maybe show us the way.
Scout has been send out short at 1.262. No target yet and no SL.
Attached Image (click to enlarge)
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You cant beat the MM - so join them!!!
  • #13,468
  • Jun 5, 2020 11:17am Jun 5, 2020 11:17am
Quoting shrav
{quote} Hi, Brad. Thanks for the reply. I agree with not setting an SL. Whenever I used to set SL, it would get triggered eventually, and straight after, the trade would go towards the way I wanted it to go. Very frustrating indeed. I have been trying to have no SL in my trades when using the Jailbreak system and eventually, it does lead to a profit. It is a very effective strategy as long as you have good money management of your account. Trade well!
It takes time to learn the jail break system. If you can catch a pair right after the reversal that's the best time to make a entry.

GBP/USD, AUD/JPY, EUR/JPY, USD/JPY will all be going up next week.

Have a great weekend everyone. You to Billy, I hope you are well.
Patience, let the trade come to you.
  • #13,469
  • Jun 5, 2020 11:18am Jun 5, 2020 11:18am
Quoting Downey50
{quote} … and expansion, trapping buyers. This could go on for a while but tomorrows NFP maybe show us the way. Scout has been send out short at 1.262. No target yet and no SL. {image}
Hello Downey50,

GBP/USD will be up again next week.
Patience, let the trade come to you.
  • #13,470
  • Jun 5, 2020 12:36pm Jun 5, 2020 12:36pm
Quoting PokerChip
{quote} It takes time to learn the jail break system. If you can catch a pair right after the reversal that's the best time to make a entry. GBP/USD, AUD/JPY, EUR/JPY, USD/JPY will all be going up next week. Have a great weekend everyone. You to Billy, I hope you are well.
Hi PC, hope you are well.
i was lazy today and didnt post any charts etc.
Good to see Cable move up, i was with it,lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,471
  • Jun 5, 2020 12:42pm Jun 5, 2020 12:42pm
Quoting billytt
{quote} Hi PC, hope you are well. i was lazy today and didnt post any charts etc. Good to see Cable move up, i was with it,lol
I am well Billy, Rich was telling me he had hail at his place today. Hail in June !

Take care and have a great weekend.
Patience, let the trade come to you.
  • #13,472
  • Jun 5, 2020 5:04pm Jun 5, 2020 5:04pm
EUR/JPY 4 hour chart update.

EUR/JPY is at the reversal point right now.

Will it respect the reversal point ? I don't know at this point.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyi-h4-tw-corp-ej.png Size: 37 KB
Patience, let the trade come to you.
  • #13,473
  • Jun 6, 2020 11:21am Jun 6, 2020 11:21am
GBP/USD 1 hour chart update.

I think this pair will retrace lower before going higher. Then it will make build the 3rd level.

After that I think GBP/USD keeps moving higher for the present time.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-gu.png Size: 48 KB
Patience, let the trade come to you.
  • #13,474
  • Jun 6, 2020 1:22pm Jun 6, 2020 1:22pm
horrible weather here quite windy and chilly, not even walking weather lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,475
  • Jun 6, 2020 1:38pm Jun 6, 2020 1:38pm
USD/CAD 4 hour chart update.

I think we will have a continuation of moving lower.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadi-h4-tw-corp-uc.png Size: 40 KB
Patience, let the trade come to you.
  • #13,476
  • Jun 6, 2020 1:45pm Jun 6, 2020 1:45pm
Quoting billytt
horrible weather here quite windy and chilly, not even walking weather lol.
Hello Billy,
I'm sorry about your weather there.

Here it's 88 F degrees 47% humidity wind out of the north north east at 5 mph and the sun is out.

I just got done washing the outside of the 2 air conditioners of our home.
They had cotton wood seedlings in the coils.

I have a cotton wood tree somewhere around here.

Have a great weekend, I'm sure your weather will improve.
Patience, let the trade come to you.
  • #13,477
  • Jun 6, 2020 1:52pm Jun 6, 2020 1:52pm
Here's the 1st tomato plant I planted this year.
Attached Image
Patience, let the trade come to you.
  • #13,478
  • Jun 6, 2020 3:07pm Jun 6, 2020 3:07pm
Quoting PokerChip
Here's the 1st tomato plant I planted this year. {image}
Thats a nice tomato lant.
This is mine lol
Attached Image

JOKING.

thats good, it is brill when you can grow your own
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,479
  • Jun 6, 2020 4:32pm Jun 6, 2020 4:32pm
Quoting billytt
{quote} Thats a nice tomato lant. This is mine lol {image} JOKING. thats good, it is brill when you can grow your own
Lol, it does look like a huge tomato plant.
Patience, let the trade come to you.
  • #13,480
  • Jun 6, 2020 6:16pm Jun 6, 2020 6:16pm
NZD/USD 4 hour chart update.

Possible reversal on this pair.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusdi-h4-tw-corp-nz.png Size: 45 KB
Patience, let the trade come to you.
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