The Jail Break System | Page 739 | Forex Factory

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The Jail Break System

  • #14,761
  • Jul 15, 2021 10:46am Jul 15, 2021 10:46am
Note: When you see these levels on any time chart 15 minute or 1 hour.

These are trapping levels, if you don't know the trend I would recommend not entering a trade until the pair leaves the level for good.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h1-fx-glory-group-a.png Size: 89 KB
Patience, let the trade come to you.
  • #14,762
  • Jul 15, 2021 12:23pm Jul 15, 2021 12:23pm
Hi PokerChip,
We will learn the details of Williams % R, it's 20 ema and axis -20,-80 by practising more, thank you for all. I wish you green pips.
  • #14,763
  • Jul 15, 2021 12:28pm Jul 15, 2021 12:28pm
Hi Pockerchip I have been learning with Ron, he is a machine. How are you doing?
  • #14,764
  • Jul 15, 2021 12:33pm Jul 15, 2021 12:33pm
Would you not say that nzdusd is in a downward trend?, where it will retrace and then head down again
  • #14,765
  • Jul 15, 2021 12:46pm Jul 15, 2021 12:46pm
Quoting Celal
Hi PokerChip, We will learn the details of Williams % R, it's 20 ema and axis -20,-80 by practising more, thank you for all. I wish you green pips.
The market maker can't hide his tracks in the Williams % R.

If you are patient you can trade right along with the market maker.

Tremendous opportunity using the Williams % R.

I was 3-3 today trading NZD/USD
Patience, let the trade come to you.
  • #14,766
  • Jul 15, 2021 12:49pm Jul 15, 2021 12:49pm
Quoting Houtbay
Hi Pockerchip I have been learning with Ron, he is a machine. How are you doing?
I hope Ron shared something with you.
Patience, let the trade come to you.
  • #14,767
  • Jul 15, 2021 12:50pm Jul 15, 2021 12:50pm
Gbpusd also trending down
  • #14,768
  • Jul 15, 2021 12:51pm Jul 15, 2021 12:51pm
Quoting Houtbay
Would you not say that nzdusd is in a downward trend?, where it will retrace and then head down again
Yes NZD/USD and AUD/USD are in a down trend because the US Dollar is getting stronger everyday.

I hope you are well.

I look for NZD/USD and AUD/USD to reverse course in about 1 hour.

Trapping sellers now.
Patience, let the trade come to you.
  • #14,769
  • Jul 15, 2021 12:52pm Jul 15, 2021 12:52pm
USDCad will correct down and then trend upwards again
  • #14,770
  • Jul 15, 2021 12:53pm Jul 15, 2021 12:53pm
Yes doing nicely, seeing more now on the charts, understanding the process better
  • #14,771
  • Jul 15, 2021 3:57pm Jul 15, 2021 3:57pm
Quoting Houtbay
Yes doing nicely, seeing more now on the charts, understanding the process better
Excellent, that's what we want.
Patience, let the trade come to you.
  • #14,772
  • Jul 17, 2021 5:48am Jul 17, 2021 5:48am
Hi PokerChip,
When you decide to enter the trade in H1 chart when do you enter as a time? After the close of the bar? or in the last 3 minutes of the bar? or in any time of the bar?
Good weekend.
  • #14,773
  • Jul 17, 2021 5:59am Jul 17, 2021 5:59am
Quoting Celal
Hi PokerChip, When you decide to enter the trade in H1 chart when do you enter as a time? After the close of the bar? or in the last 3 minutes of the bar? or in any time of the bar? Good weekend.
I will enter a sell trade when the Williams % R crosses under the 20 day moving average. And this is usually above the -50.

I will enter a buy trade when the Williams % R crosses above the 20 day moving average. And this is usually below the -50.
Patience, let the trade come to you.
  • #14,774
  • Jul 17, 2021 7:34am Jul 17, 2021 7:34am
NZD/USD 1 hour chart.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h1-fx-glory-group-a.png Size: 90 KB
Patience, let the trade come to you.
  • #14,775
  • Jul 17, 2021 7:44am Jul 17, 2021 7:44am
Hi Pockerchip. What are you views on gold out of interest on the 1 and 4 hour chart?
  • #14,776
  • Jul 17, 2021 7:47am Jul 17, 2021 7:47am
AUD/USD daily chart
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-d1-fx-glory-group-b.png Size: 98 KB
Patience, let the trade come to you.
  • #14,777
  • Jul 17, 2021 7:49am Jul 17, 2021 7:49am
Gold daily chart.

They have enough buyers trapped by now.

I think it moves lower.

Good morning Houtbay.
Attached Image (click to enlarge)
Click to Enlarge Name: gold-d1-fx-glory-group-c.png Size: 112 KB
Patience, let the trade come to you.
  • #14,778
  • Jul 17, 2021 7:56am Jul 17, 2021 7:56am
USD/JPY daily chart.

U S Dollar is growing stronger.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-d1-fx-glory-group-d.png Size: 93 KB
Patience, let the trade come to you.
  • #14,779
  • Jul 17, 2021 8:00am Jul 17, 2021 8:00am
Please remember: All other currencies are moving lower vs the U S Dollar now.

When you enter a buy trade against the Dollar this is a counter trade, I would not stay in for very long.

Risky trade to say the least.

The average PE in stocks right now on the NYSE and NASDAQ is 45.3 %

They should have a average of 5 %

These aren't normal times.
Patience, let the trade come to you.
  • #14,780
  • Jul 17, 2021 8:03am Jul 17, 2021 8:03am
Quoting PokerChip
{quote} I will enter a sell trade when the Williams % R crosses under the 20 day moving average. And this is usually above the -50. I will enter a buy trade when the Williams % R crosses above the 20 day moving average. And this is usually below the -50.
Hi PokerChip,
I know firstly you wait the Williams %R crosses it's 20 ema and I want to know if you wait the close of this bar? Thank you.
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