The Jail Break System | Page 681 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Break Out + Pull Back & Pure Break Outs 59 replies

BB break + trendline break 24 replies

Looking for L > Break High Break Low Indicator 1 reply

A break below - A Break Above Question 1 reply

Attachments: The Jail Break System
Exit Attachments

The Jail Break System

  • #13,601
  • Feb 18, 2021 9:14am Feb 18, 2021 9:14am
I just sold USD/CAD.
1.27112

Buying NZD/USD at .71804
Patience, let the trade come to you.
  • #13,602
  • Feb 18, 2021 5:49pm Feb 18, 2021 5:49pm
NZD/USD 1 HOUR CHART UPDATE

I'm going to be a buyer around .71870, maybe slightly lower.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h1-oanda-division1-nu.png Size: 54 KB
Patience, let the trade come to you.
  • #13,603
  • Feb 18, 2021 5:54pm Feb 18, 2021 5:54pm
USD/CAD 1 HOUR CHART UPDATE

I will be a seller at 1.27300

USD/CAD is the opposite of NZD/USD
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-h1-oanda-division1-uc.png Size: 55 KB
Patience, let the trade come to you.
  • #13,604
  • Feb 19, 2021 6:13pm Feb 19, 2021 6:13pm
NZD/USD 15 minute chart

I will be buying nzd/usd at .7270
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-m15-oanda-division1-nu.png Size: 46 KB
Patience, let the trade come to you.
  • #13,605
  • Feb 19, 2021 6:17pm Feb 19, 2021 6:17pm
USD/CAD 15 minute chart update

I will be selling usd/cad at 1.26330
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-m15-oanda-division1-uc.png Size: 47 KB
Patience, let the trade come to you.
  • #13,606
  • Feb 19, 2021 6:25pm Feb 19, 2021 6:25pm
If you know that NZD/USD is going higher.

Then you need to sell USD/CAD because it's going lower.

Good luck trading
Patience, let the trade come to you.
  • #13,607
  • Feb 19, 2021 6:57pm Feb 19, 2021 6:57pm
Welcome back your are great teacher Pokerchip
  • #13,608
  • Feb 20, 2021 3:18pm Feb 20, 2021 3:18pm
Quoting PokerChip
Update on this EUR/JPY 15 minute chart chart trade. I entered a buy trade at 126.728 Note: When you enter a trade instantly the trade turns against you. Don't panic, seriously. This is not necessary a bad thing, you know you are losing money. But here's what is going on. The market maker is juggling the buyers and sellers. Go back to the 1 minute chart and make sure that the 20 ema is still above the 100 ema. If the 20 ema is still above the 100 ema you are in great shape. You'll see the flag out the outside right and that means its going to move...
PokerChip...glad to see this thread active again! When/if you have time, would it be possible to show a 1 Minute Chart with examples of what the "3 run ups" look like? I appreciate your insight. Thanks!
  • #13,609
  • Feb 21, 2021 4:12pm Feb 21, 2021 4:12pm
Quoting abcboeken
Welcome back your are great teacher Pokerchip
Thank you

I appreciate that.
Patience, let the trade come to you.
  • #13,610
  • Feb 21, 2021 4:14pm Feb 21, 2021 4:14pm
Quoting Jbomb21990
{quote} PokerChip...glad to see this thread active again! When/if you have time, would it be possible to show a 1 Minute Chart with examples of what the "3 run ups" look like? I appreciate your insight. Thanks!
I will post a 1 minute chart if that's what you want.

Please don't use the one minute chart to trade it's really not safe.

What pair do you want for the one minute chart ?
Patience, let the trade come to you.
  • #13,611
  • Feb 21, 2021 4:25pm Feb 21, 2021 4:25pm
Hello to everyone.

I want to share this information with you because I want you all make a profit.

I am now using Heiken Ashi candles.

Heiken Ashi candles give me a edge over the market maker. These candles help you stay out of bad trades, and keep you in good trades a lot longer.

Okay, here's the information that I want to share with you.

When you begin your day as a trader. You have a pair on your chart that you like to trade.

Use the 15 minute chart on any pair, lets say you think it's time to buy. Go to the 4 hour chart. If both charts show green (Heiken Ashi candles) it's time to buy.

If you only have one chart with a green (Heiken Ashi candle) you are not to buy. I recommend that you look for another pair with 2 same color candles.

This only works using Heiken Ashi candles.

This why I now only use Heiken Ashi candles.

You will stay out of bad trades using Heiken Ashi candles.

Good luck trading.
Patience, let the trade come to you.
  • #13,612
  • Feb 21, 2021 4:31pm Feb 21, 2021 4:31pm
Here's a example of a current 15 minute & 4 hour chart using the USD/CAD pair.

Both candles are red, I would be a seller.

Good luck trading.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcad-m15-oanda-division1-22.png Size: 46 KB
Click to Enlarge Name: usdcad-h4-oanda-division1-33.png Size: 57 KB
Patience, let the trade come to you.
  • #13,613
  • Feb 21, 2021 5:36pm Feb 21, 2021 5:36pm
Quoting PokerChip
{quote} I will post a 1 minute chart if that's what you want. Please don't use the one minute chart to trade it's really not safe. What pair do you want for the one minute chart ?
Any pair is fine. I am just curious to see an example of what it looks like. Really appreciate it.
  • #13,614
  • Feb 21, 2021 6:31pm Feb 21, 2021 6:31pm
Quoting Jbomb21990
{quote} Any pair is fine. I am just curious to see an example of what it looks like. Really appreciate it.
Here you go, reverse and 2 levels.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-m1-oanda-division1-44.png Size: 42 KB
Patience, let the trade come to you.
  • #13,615
  • Feb 21, 2021 7:28pm Feb 21, 2021 7:28pm
Thanks for posting the example PokerChip
  • #13,616
  • Edited 12:02pm Feb 22, 2021 7:57am | Edited 12:02pm
I have sold USD/CAD at 1.26254

I have bought NZD/USD at .73207

I'll be in these trades for at least 20 pips each.

15 minute chart

Update: Don't panic USD/CAD is coming back down.

NZD/USD is going back up in a little bit.

Update # 2 Okay USD/CAD is moving lower which is the correct direction.

I'll be closing my NZD/USD buy trade at .7349

I'll be closing my USD/CAD sell trade at 1.25760

Good luck trading.

NZD/USD is moving higher now as well.

Both pairs are moving in the correct direction, enjoy the ride now.
Patience, let the trade come to you.
  • #13,617
  • Feb 24, 2021 7:04am Feb 24, 2021 7:04am
Today I'm selling USD/CAD when it moves above the 11 ema.

I'm buying NZD/USD when it dips below the 11 ema.

These trades are conservative trades good for 10-15 pips each.

Repeat several times.

Good luck trading.
Patience, let the trade come to you.
  • #13,618
  • Edited 4:18pm Feb 25, 2021 8:55am | Edited 4:18pm
Today

I have bought NZD/USD at .74332 closing this trade at .74699

I have sold USD/CAD at 1.24886 closing the trade at 1.24654

Good luck trading

Update

I got whip sawed in both my trades.

I think to be the best trader that you can possibly be is to.

Have patience and be aggressive. I think this combination is unbeatable.

Tomorrow we ride again.
Patience, let the trade come to you.
  • #13,619
  • Feb 26, 2021 9:27am Feb 26, 2021 9:27am
Today & next week

It's my belief that AUD/USD has reversed I sold 2 lots on June 15th 2020 at .68137

Right now I'm only selling NZD/USD on the peaks.

Right now I'm only buying USD/CAD on the dips. I also believe that USD/CAD has reversed.

Good luck trading.

Note: I recommend that you Day trade these pairs only. Don't get whipsawed.

Trade with the MM
Patience, let the trade come to you.
  • #13,620
  • Feb 26, 2021 4:39pm Feb 26, 2021 4:39pm
Sunday night I'm going to wait and let USD/CAD move lower, if that happens. Then I'll be a buyer.

I'll be waiting for NZD/USD to move up higher then I'll be a seller.

AUD/USD moved up 1993 pips, now I believe it has reversed and is moving lower.

Good luck trading.
Patience, let the trade come to you.
27 traders viewing now