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Attachments: The Jail Break System
Exit Attachments

The Jail Break System

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.
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Patience & Discipline
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.
Hi Pockerchip I have been learning with Ron, he is a machine. How are you doing?
Would you not say that nzdusd is in a downward trend?, where it will retrace and then head down again
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 & Discipline
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 & Discipline
Gbpusd also trending down
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 & Discipline
USDCad will correct down and then trend upwards again
Yes doing nicely, seeing more now on the charts, understanding the process better
Quoting Houtbay
Yes doing nicely, seeing more now on the charts, understanding the process better
Excellent, that's what we want.
Patience & Discipline
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.
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 & Discipline
NZD/USD 1 hour chart.
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Patience & Discipline
Hi Pockerchip. What are you views on gold out of interest on the 1 and 4 hour chart?
AUD/USD daily chart
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Patience & Discipline
Gold daily chart.

They have enough buyers trapped by now.

I think it moves lower.

Good morning Houtbay.
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Patience & Discipline
USD/JPY daily chart.

U S Dollar is growing stronger.
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Patience & Discipline
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 & Discipline
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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