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Attachments: The Jail Break System
Exit Attachments

The Jail Break System

E/A I believe the euro is due correction along with the Aussie. These are levels i have identified. However I am starting to have my doubts maybe LVL2 was apart of LVL 1. So really expecting another level and a reversal.
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AU potential double top + very green NFP , possibility nice short ...
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Seems a promising technique I've learned today... Will try tomorrow and update if I've done it correctly..
Thank you for the knowledge
Hi Billy,

if possible please may I join the telegram group , I dont know anything about telegram its adress or program can you explain,
thanks!

Quoting RieseP
E/A I believe the euro is due correction along with the Aussie. These are levels i have identified. However I am starting to have my doubts maybe LVL2 was apart of LVL 1. So really expecting another level and a reversal. {image}
Good work mate! I am in agreement with you in that Eur Aud is due for a reversal. 1st the double bottom and stop hunt below which is also an inducement to continuation sellers, especially if its an impulse move. I then expect it to to a stop hunt above the previous high, a retrace back to shake off as many buyers as possible to a level where MM's can see the maths add up thus as little as possible Piggy backing all the way up from the base.
Aud Cad and in general the Aud base pairs will have the double tops forming with the same sequence but in opposite direction. Wait for the stop hunts and retraces for less drawdown. Monday I will post stop loss clusters charts with orderbook and if any double/top bottom signals with divergence to add more confidence for the swing.
Its Going to be a good week.
I agree I became a-bit impatient and made a trade in bed with bitcoin this not bing. I keep trying to find these set ups.
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Quoting RieseP
I agree I became a-bit impatient and made a trade in bed with bitcoin this not bing. I keep trying to find these set ups. {image} {image}
got a feeling that you will get a prolonged accumulation there trying to shake out those sellers in that wick. Good luck
Quoting pamc
{quote} got a feeling that you will get a prolonged accumulation there trying to shake out those sellers in that wick. Good luck
Pamc...... It’s bitcoin mate...... it could go back down £1000 or £20,000 in 15 mins. First time it sort had some solid price action that replicate other markets but weeks prior to now some ugliest price action if you can call it that I have ever seen.

I only have a very small position just more of a fun bet to keep me entertained on a boring day
This setup is happening across all the AUD base pairs and visa versa on AUD secondary pairs... Time your entries. don't rush in. I will be placing 1/3 pf my allocated position on PA between .66500 & .66700, 1/3rd on formation of M on lower tf and 1/3rd on break and retest of .65400. Good luck
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Quoting PokerChip
Hello all of you traders, I started this thread to help traders trader better. I had a great time here helping traders here. My jail break system works well on the 4 hour chart and the daily chart for your direction. And should be used as recommended. This is will be my last post on forex factory. If you need help PM here and I will help you. What you may or may not know Forex factory banned Trader Ron from our thread so we have moved to telegram. It's a invite only deal, if you want to join PM Trader Ron he started it on Telegram and ask him to...
I check with PC to post link

I will continue my analysis here on my thread you are all welcome.

pro7
Forex can only be understood backwards, but it must be traded forwards.
Hi all.
A good start to the week. Cable & E/U
00-00 4 hour area break. Both broke low for a half bag full. I was only chasing 20 off each.

Cable 08-00 15 min bar break. Low broke for +5%
Trade well all. Stay Safe .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
hi guys.
sorry i just have a questions,
what MA you use for jailbreak system? long priod MA or short priod?
When there's a will, there's a way.
Quoting MoeinYzz
hi guys. sorry i just have a questions, what MA you use for jailbreak system? long priod MA or short priod?
Hi Moein,

Let me answer your question on behalf of Pokerchip.

He put all EMA moving averages - 13, 50, 200, 800. But he does not use MA because they are lagging. It is for new traders who might need them as a guide.

You may want to read The Jail Break System pdf file, which you can download from this thread.
oh alright. i got that.
i thought he means the blue box must be near MA, (Above it or below it ) .
thanks kelly
When there's a will, there's a way.
Quoting RieseP
I’m currently at the beach at the moment but will go home to do some further analysis. I don’t recommend trading from phone. This just for my own purposes. To identify a potential set up. Many thanks Riese Also I would recommend adding weekly pivots. It help to identify levels and Rail-tracks. Reversal? Soon to make level 1 {image}

It goes to Reversal Box and level 1 doesnt work? What should we do?
Quoting ganc
{quote} It goes to Reversal Box and level 1 doesnt work? What should we do?
It made level 1 but as PC mentioned a lot time price will go lower that Railtrack this is where best to make your entries. Price is near reverse level. I’m confident price will shoot past level 1 and we should get level 2.

This is trading you need to do your own observation and manage your own trades. It’s your money or potential money. What I see maybe what others don’t see and vice a versa. I like to add positions to reversal if I’m wrong. And when price reaches my first lot positions I like to break even maybe few points to keep my margin etc.

it boils down to patience really does. I can’t say no more.

Remember trading is a game and how you choose to play is down to individual. Find your own style. PC highlighted a edge for a outcome that is profitable 80% time. What you do with that edge is down to you.

many ways to skin a cat.
Quoting pamc
This setup is happening across all the AUD base pairs and visa versa on AUD secondary pairs... Time your entries. don't rush in. I will be placing 1/3 pf my allocated position on PA between .66500 & .66700, 1/3rd on formation of M on lower tf and 1/3rd on break and retest of .65400. Good luck {image}
Thankyou pamc... I place sell in AUDUSD after Level 1 in H1... And, it droping like stones...
Hi Guys.

EUR/NZD 4 hour chart update..

Waiting for the escape!

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When analyzing H1, note the number of traders arrested. We continue to look at H4 to check the price direction.

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We will also watch out for the upcoming NZD currency news over time.

Green pips!
Life begins at the end of your comfort zone.
Quoting F05
Hi Guys. EUR/NZD 4 hour chart update.. Waiting for the escape! {image} When analyzing H1, note the number of traders arrested. We continue to look at H4 to check the price direction. {image} We will also watch out for the upcoming NZD currency news over time. Green pips!
Complement..

Graph without magnification and just for understanding, I made some observations in the image.

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Let's watch together!
Life begins at the end of your comfort zone.
Jail_EA
corrected few bugs (spread calculations & spread visible)

good luck
Attached File(s)
File Type: ex4 Jail_EA.ex4   28 KB | 147 downloads
File Type: mq4 Jail_EA.mq4   18 KB | 230 downloads
Forex can only be understood backwards, but it must be traded forwards.
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