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The Jail Break System

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  • Post #13,061
  • Quote
  • May 18, 2020 11:45pm May 18, 2020 11:45pm
  •  aud
  • | Joined Apr 2008 | Status: Member | 972 Posts
Try pamc's post of 25th Nov last year.
Good Trading
 
1
  • Post #13,062
  • Quote
  • May 19, 2020 12:42am May 19, 2020 12:42am
  •  ItRs
  • | Joined Dec 2019 | Status: Member | 11 Posts
Welcome back PokerChip....
 
1
  • Post #13,063
  • Quote
  • May 19, 2020 1:20am May 19, 2020 1:20am
  •  Corinna
  • | Joined Mar 2009 | Status: Member | 235 Posts
Hi PokerChip, welcome you back to your home.
 
2
  • Post #13,064
  • Quote
  • May 19, 2020 2:05am May 19, 2020 2:05am
  •  AnfieldL4
  • | Joined Jan 2020 | Status: Member | 6 Posts
Hello fellow traders

This is my first ever post in Forex Factory. I opened a subscription so that I can communicate with PokerChip and Billytt.

i am one of those silent observers who has been won over by the incredible simplicity and success of The Jailbreak System.
Thank you PokerChip for sharing your system with us and being so patient and helpful over the past 6 months with your advice and encouragement. When you left the group a couple of weeks ago the quality of discussion deteriorated, it’s as though we lost our way. But now “The King is Back”. Thank you for returning to guide your system forward.

What has kept me looking at this thread over the last two weeks has been the contribution made by billytt. His approach is very novel and contains some of what I use as a trading strategy ie use of adr and entry after first 4 hour candle. But billytt is more successful than I am with his technique.

By way of feedback about my trading history. I have progressed from being totally useless and unable to feel confident enough to progress further than a demo account to now being able to make a profit of 10% per month using The Jailbreak System. I am content with that level of success since it means I can double my account every 6 to 7 months. That’s enough for me.

Thanks again PokerChip and welcome back.
 
2
  • Post #13,065
  • Quote
  • May 19, 2020 2:13am May 19, 2020 2:13am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Quoting silversurfer
Disliked
Can anyone let me know which post the ADR indi that Billytt uses is attached to pls
Ignored
Hi S,. I don't use Indies, my ADR I calculate my self. Very easy .
Even better that I only use 2 lol.
Years ago my lol girl used to calculate them before school.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
1
  • Post #13,066
  • Quote
  • May 19, 2020 2:15am May 19, 2020 2:15am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Quoting aud
Disliked
{quote} You may note from Billy's post re how he uses the daily range that they are all hand drawn. He would also not appear to be using mt4, if that's the platform you want an indi for. His charts look like IG Markets.
Ignored
Shhhhhh don't mention them. That's advertising lol.
You are correct though shhhhh
Trade Well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
1
  • Post #13,067
  • Quote
  • May 19, 2020 2:18am May 19, 2020 2:18am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Quoting aud
Disliked
{quote} You may note from Billy's post re how he uses the daily range that they are all hand drawn. He would also not appear to be using mt4, if that's the platform you want an indi for. His charts look like IG Markets.
Ignored
Yes. And all hand drawn, all my stats are hand written as I pick them up easier.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
1
  • Post #13,068
  • Quote
  • Edited 1:13pm May 19, 2020 2:24am | Edited 1:13pm
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
PC, same as yesterday. No Pc to post at charts right now
Hopefully we will have a Fail again like e/u yesterday.
But so far.Cable.
Open at 12201. 00-00 4hr area, high=12221 & Low 12192. So range is 29.
My ADR is 122.........
E/U open at 10821. 00-00 4 HR High is 10924 and Low is 10905. Sooo range is 19.
My ADR I s 127 . Which is well high.
Later today I will put this info on a chart.like i did yesterday.
Trade well all.
t 07-24


edit, i made a typo error, the 00-00 bnar was 12192 not 12182,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
1
  • Post #13,069
  • Quote
  • May 19, 2020 2:29am May 19, 2020 2:29am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Oops.
I am in trades right now, but will be closing anytime.
Cable and e/u long, had a Fail and a +1 short
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
2
  • Post #13,070
  • Quote
  • May 19, 2020 3:47am May 19, 2020 3:47am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
I am posting using my mobile which I hate.
My main trade Cable, 08-00 15 minute bar break.
High broke for +5%.
Both the 00-00. 4 hour breaks had Fails to start..low broke then retrace up to break high.
Both fixed for profit.
Maybe I will explain later on Pc.
Trade Well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
2
  • Post #13,071
  • Quote
  • May 19, 2020 6:24am May 19, 2020 6:24am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
Quoting silversurfer
Disliked
Can anyone let me know which post the ADR indi that Billytt uses is attached to pls
Ignored
I'll post a ADR here today.
Patience & Discipline
 
1
  • Post #13,072
  • Quote
  • May 19, 2020 6:37am May 19, 2020 6:37am
  •  RieseP
  • Joined Nov 2016 | Status: Member | 905 Posts
Morning guys. warm on the south coast of England. let’s hope we able to go back to normal living anytime soon.
 
2
  • Post #13,073
  • Quote
  • May 19, 2020 7:15am May 19, 2020 7:15am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
Quoting RieseP
Disliked
Morning guys. warm on the south coast of England. let’s hope we able to go back to normal living anytime soon.
Ignored
Good idea.
Patience & Discipline
 
 
  • Post #13,074
  • Quote
  • May 19, 2020 7:18am May 19, 2020 7:18am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
EUR/JPY 4 hour chart.

Be ready for a retracement so this pair can build the 2nd level.
Attached Image (click to enlarge)
Click to Enlarge

Name: eurjpyi-h4-tw-corp-ej-3.png
Size: 51 KB
Patience & Discipline
 
 
  • Post #13,075
  • Quote
  • May 19, 2020 7:22am May 19, 2020 7:22am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
USD/CAD daily chart.

Working it's way lower toward the 3rd level.
Attached Image (click to enlarge)
Click to Enlarge

Name: usdcadi-d1-tw-corp-uc.png
Size: 35 KB
Patience & Discipline
 
 
  • Post #13,076
  • Quote
  • May 19, 2020 7:28am May 19, 2020 7:28am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
EUR/USD daily chart.

This pair has been ranging for awhile now.
Attached Image (click to enlarge)
Click to Enlarge

Name: eurusdi-d1-tw-corp-eu.png
Size: 57 KB
Patience & Discipline
 
1
  • Post #13,077
  • Quote
  • May 19, 2020 7:33am May 19, 2020 7:33am
  •  billytt
  • Joined Feb 2009 | Status: Member | 25,867 Posts
Hi PC,hope you are well.
All ok here.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
1
  • Post #13,078
  • Quote
  • May 19, 2020 7:45am May 19, 2020 7:45am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
Quoting AnfieldL4
Disliked
Hello fellow traders This is my first ever post in Forex Factory. I opened a subscription so that I can communicate with PokerChip and Billytt. i am one of those silent observers who has been won over by the incredible simplicity and success of The Jailbreak System. Thank you PokerChip for sharing your system with us and being so patient and helpful over the past 6 months with your advice and encouragement. When you left the group a couple of weeks ago the quality of discussion deteriorated, it’s as though we lost our way. But now “The King is Back”....
Ignored
Hello AnfieldL4,
Thank you for making your first post here. I'm honored. And thank you for those kind words. You made me laugh when you said the king is back. Billy is a incredible trader with his easyness about him. I like Billy and I'm really glad that he never left this thread. If you need any questions answered I'll do my best to to answer them.

The 4 hour chart tells the story for the pairs, all though I'm stuck in GBP/USD now for some time because I failed to see the reversal, the market maker made a change in his reversal. I think now I have picked up on it. Hopefully I will catch it from now on.

When you apply the jail break system try to use it as a market maker, what I mean is, where can he trap traders. I think this will help when you trade.

Always remember that retracements happen because the market maker is trapping. The direction is still the same after a reversal has happened.

Patience & Discipline
 
 
  • Post #13,079
  • Quote
  • May 19, 2020 7:46am May 19, 2020 7:46am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
Quoting billytt
Disliked
Hi PC,hope you are well. All ok here.
Ignored
Good morning Billy

I hope you are well too.
Patience & Discipline
 
 
  • Post #13,080
  • Quote
  • May 19, 2020 7:47am May 19, 2020 7:47am
  •  PokerChip
  • Joined Mar 2018 | Status: Member | 4,586 Posts
Quoting Corinna
Disliked
Hi PokerChip, welcome you back to your home.
Ignored
Hello Corinna,

It's good too be back.

I hope you are well.
Patience & Discipline
 
 
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