I bought GBP/JPY last night before I went to bed at 164.476, I closed it earlier this morning at 165.873

The Jail Break System

I had a trader PM and ask when to exit a trade. That would be when the 10e moving average moves inside the candle sticks, it's time to close the trade.

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AUD/NZD on the 4 hour line chart, here's what I anticipate happening.

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As of right now I'm focused on EUR/JPY and AUD/NZD on the 4 hour line chart for a buy. Right around 140.100 I think it has a good chance of running north to 142.100 by the end of the week. The 2nd pair that I'm looking at is the CAD/CHF, it's not ...

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I'm looking at AUD/NZD 4 hour line chart again. It's getting closer to be a buy.

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Closed CHF/JPY at 142.837 40 trades 30 wins 10 loses

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CHF/JPY is moving north at a nice pace now.

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I just bought CHF/JPY at 141.455 on the 4 hour line chart. Hopefully this is a 4-5 hour trade. I don't want to hold over the weekend. This is my 40th trade using the new system.

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I'm looking at CHF/JPY on the 4 hour on the line chart now. Waiting for a bounce then I will buy it. I'm not sure why I didn't see this earlier this morning.

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I close trades by what my gut tells me. I never use a stop loss because I have a large margin. I like to get at least 30 pips per trade.

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EUR/JPY is starting to move.

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Hello Celal, I think the safest entry is when the 40e crosses the 70e. The 10e crossing the 22e is not as safe. I think the 4 hour chart is the key combined with the 40e and the 70e. I think will know more as time goes on. But, I can't stress this ...

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My next pair that I have my eyes on to buy is the EUR/JPY on the 4 hour chart. If it can reach 139.859. I'm calculating my moving averages should catch up to the 72 moving average at that point. Trying to give traders a heads up that are interested.

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You're welcome. Look at the current NZP/JPY 4 line hour chart and you'll see the 3 fingers then the move higher. Take care.

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After you see these 3 fingers above or below. When they make the move higher of lower they'll make about a 70 pip move on a 4 hour chart. Usually.

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This might help everyone. When you see these (I call them fingers) where the arrows are pointing. When you see them on the 4 hour chart at the bottom that currency pair is going higher. If you see these 3 fingers above the currency pair its going ...

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I do wait for the 40 moving average to cross the 72 on the 4 hour chart. I'm still tinkering with the system. I have been using the 10 moving average and the 22 moving average cross to enter trades lately. Right now I have all moving averages at ...

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It looks like EUR/USD goes under a dollar today, wow.

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I also bought GBP/JPY at 163.766 Closed the trade at 164.640

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Last night I bought NZD/JPY at 84.391 closed the trade at 85.03 On the 4 hour chart.

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