The Jail Break System | Page 720 | Forex Factory

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The Jail Break System

  • #14,381
  • Jun 9, 2021 8:31am Jun 9, 2021 8:31am
again, I think this is it??


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  • #14,382
  • Jun 9, 2021 8:37am Jun 9, 2021 8:37am
Now this looks better!
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  • #14,383
  • Edited 10:44am Jun 9, 2021 9:04am | Edited 10:44am
Quoting Traderduke
Now this looks better! {image}
You want the -80 at the bottom and the -20 at the top and the -50 in the middle.

I'm going to post the GBP/USD in a minute.

I use the Williams % R in reverse.
Patience, let the trade come to you.
  • #14,384
  • Edited 9:20am Jun 9, 2021 9:05am | Edited 9:20am
GBP/USD 1 hour chart.

It appears that I will be making a buy trade soon, the pair looks like it wants to run north now.

The Williams % R is going to make a W then the pair will rise.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-fx-glory-group-f.png Size: 93 KB
Patience, let the trade come to you.
  • #14,385
  • Jun 9, 2021 9:38am Jun 9, 2021 9:38am
EUR/USD 1 hour chart.

I took this trade when the Williams % R went right threw the 20 day moving average.
Attached Image (click to enlarge)
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Patience, let the trade come to you.
  • #14,386
  • Jun 9, 2021 9:42am Jun 9, 2021 9:42am
Batman ears, very bearish.
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Patience, let the trade come to you.
  • #14,387
  • Jun 9, 2021 10:11am Jun 9, 2021 10:11am
Bitcoin should sell down now
  • #14,388
  • Jun 9, 2021 10:30am Jun 9, 2021 10:30am
Quoting Houtbay
Bitcoin should sell down now
As long as it stays above in the Williams % R it's only going higher.

It could go to $38,000 now. Then down from there I think.
Attached Image (click to enlarge)
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Patience, let the trade come to you.
  • #14,389
  • Jun 9, 2021 11:02am Jun 9, 2021 11:02am
Quoting PokerChip
EUR/USD 1 hour chart. I took this trade when the Williams % R went right threw the 20 day moving average. {image}
Hi PokerChip,
How do you explain the sale decision on this chart (GBP/JPY) and on which bar? It is at the second impulse and I think it could make third, and before that there ıs a double bottom at 154.600(W), so the trend is up?
And I want to ask 1,41847 and 1,41229 harizontal lines? are they monday's H\L (as C)?Do you asume the week will flutcuate between thease lines?
Thank you.
Attached Image
  • #14,390
  • Jun 9, 2021 11:08am Jun 9, 2021 11:08am
Quoting Celal
{quote} How do you explain the sale decision on this chart and on which bar? It is at the second impulse and I think it could make third, and before that there ıs a double bottom at 154.600(W), so the trend is up? And I want to ask 1,41847 and 1,41229 harizontal lines? are they monday's H\L (as C)?Do you asume the week will flutcuate between thease lines? Thank you.
When the Williams % R on the pair EUR/USD 1 hour chart crossed below the 20 day moving average was my alert to sell it. Or if the Willaims % R crossed above or below the -50 is another way to buy or sell.


I measure the high and low from Monday 24 hour time frame. And make a white box over the area.

The horizontal lines tell me the range for the week. If it's above the green line it will probably go higher, if it's below the red line, it will probably go lower.

These are the tools that I use to trade with for the week.
Patience, let the trade come to you.
  • #14,391
  • Jun 9, 2021 11:10am Jun 9, 2021 11:10am
I just closed my EUR/USD sell. 15 pips
Patience, let the trade come to you.
  • #14,392
  • Jun 9, 2021 11:23am Jun 9, 2021 11:23am
GBP/USD 1 hour chart.

The Williams % R is buried at 99.18 it can't stay down for much longer.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-fx-glory-group-a.png Size: 93 KB
Patience, let the trade come to you.
  • #14,393
  • Jun 9, 2021 11:39am Jun 9, 2021 11:39am
Quoting PokerChip
GBP/USD 1 hour chart. The Williams % R is buried at 99.18 it can't stay down for much longer. {image}
Man, hi. It can . As it did on 3-4 June...

  • #14,394
  • Edited 12:07pm Jun 9, 2021 11:43am | Edited 12:07pm
Quoting F.g
{quote} Man, hi. It can . As it did on 3-4 June...
I agree, it might go to 1.40888

USD/CAD needs to reverse so GBP/USD move back higher.
Patience, let the trade come to you.
  • #14,395
  • Jun 9, 2021 12:23pm Jun 9, 2021 12:23pm
Hi PokerChip,
Thank you very much, sory to confuse your system.
  • #14,396
  • Jun 9, 2021 12:26pm Jun 9, 2021 12:26pm
Quoting Celal
Hi PokerChip, Thank you very much, sory to confuse your system.
Lol, you're welcome.

I confuse myself too.

Once you understand this system it's very easy to use.

Patience is the # 1 rule using the system.

If you control your patience you'll be a great trader.
Patience, let the trade come to you.
  • #14,397
  • Jun 9, 2021 12:30pm Jun 9, 2021 12:30pm
USD/CAD 1 hour chart.

If the Williams % R can cross below the 20 day moving average.

I will sell it.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-h1-fx-glory-group-j-2.png Size: 93 KB
Patience, let the trade come to you.
  • #14,398
  • Jun 9, 2021 12:51pm Jun 9, 2021 12:51pm
Usdcad
Daily is buy
4 hour sell
However approaching support
  • #14,399
  • Jun 9, 2021 1:03pm Jun 9, 2021 1:03pm
Quoting Houtbay
Usdcad Daily is buy 4 hour sell However approaching support
USD/CAD 1 hour chart.

I watching to see if the Williams % R can cross below the 20 day moving average, if it does I will sell it.
Patience, let the trade come to you.
  • #14,400
  • Jun 9, 2021 1:14pm Jun 9, 2021 1:14pm
USDCad has become a sell down
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