Long EURGBP. Going expected. Short GBPUSD. Going expected. Short GBPCAD. Going expected. Short GBPJPY. Going expected.

The Jail Break System

US Retail Sales up next. Could it be a bad miss then we will see DXY correction to below 98 - 97 and then push back up to 99 - 100 area or from here. Interesting to watch. EDIT: Seem not to bad for the retail sales. Are we gonna ...

The Jail Break System

Rule no 2 - Never forget rule no 1.

The Jail Break System

Agree with you prozor7. well said.

The Jail Break System

Yes they will love you if you would like to trade with high leverages with no trading experience/ no good strategy. Blow accounts faster and topping up funds faster. lol. But if you have a good strategy then you can consider trading with high ...

The Jail Break System

Never too late to change for a better trader.. I have my greed too at times and this is absolutely normal. That is why I hate to stay long on my chart because we will tend to force trades or greed. First thing to know for me. We Need To Protect Our ...

The Jail Break System

Couldn’t agree more with you on this and that’s why traders failed not because they do not know how to trade but trade not according to their accounts size and trading too big of a lot size and yes leverage play apart too. I can only say one thing ...

The Jail Break System

You are welcome Leacher. It is also important to know what kind of traders you are. Day trader, Intraday trader. Swing trader or Position trader and what is your target/pips for taking profits. What is the risk % you are ...

The Jail Break System

Watching these pairs for a break for more downside. GBPUSD - 1.30000 to break for more downside to 1.29300 - 1.29500 area. 1.30000 have to defend for bulls. GBPCAD - 1.72 to break for more downside to 1.70 area. 1.72000 have to defend for bulls. ...

The Jail Break System

The FX market is just too WACKY. Got to trade safe.. more risks are coming into the market making it harder to trade each day. Remember to trade small according to your accounts size and when got to get out pls get out or cut early losses. Market ...

The Jail Break System

Here EURUSD. Mention at earlier post.

The Jail Break System

I would still think that EURUSD still on its way down to visit 1.08 area before finding buyers there for pushing back up. We will see. Either bounce now or bounce at 1.08. I do have my pending buy limit @ 1.08000.

The Jail Break System

Good day traders. Long EURGBP - Profits. Short GBPUSD - Profits. Short GBPCAD - Profits. Short GBPJPY - Profits. Short AUDUSD - Profits. Long EURUSD - Losses. Manageable. Long EURCAD - Losses. Manageable. Long EURJPY - Losses. Manageable. ...

The Jail Break System

Hello everyone. EURGBP - I have long at price 0.83040. Target will be at 0.83897 area. Good night all.

The Jail Break System

For those who are still holding long EURGBP including myself have to be careful/aware with the long term major support sitting at 0.83000 resistance now turn support area. EURGBP is testing very critical 0.83000. Brexit Vote Resistance/Now Support. ...

The Jail Break System

Hi Leacher, Let me answer your above questions. I look at 3 timeframes at a go ( Weekly is by end of the week Daily H4 ) entries sometimes H1 and H4 purely on price action and at times yes I do draw my own support and resistance and trendline if I ...

The Jail Break System

Wow market is horrible again.. Damn EUR are SUPER weak atm.. I’m having some floating losses except for USDJPY but manageable for the above trades. Period... Part of the game play.

The Jail Break System

EUR pairs is still weak imo if you look at all the recent news data from EURO super weak but it’s take times for it to strengthen and recover. Time will tell.

The Jail Break System

Yes Leacher smart call and thanks for the weekly chart. it is also for traders to see the bigger picture. I reckon by March or April will be hit. Weekly chart speak for itself. If can’t see Daily chart clearly go to weekly ...

The Jail Break System

USDJPY - Between 109.300 - 109.500 is profit taking area and should see a key bounce back up to 111 - 112 area. I’m still holding short for this pair and 109.600. Happy pips.

The Jail Break System