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The Jail Break System

Quoting PokerChip
I'm buying AUD/USD Sunday night. .73900 is my target. {image}
Thank you so much for everything in this thread.
Quoting mistdraw28
{quote} Thank you so much for everything in this thread.
Hello Mistdraw28.

You're welcome.

I'm sorry I don't have a template. You'll have to go to the navigator and find " moving average " and drag it to the pair then open up " Apply To, and scroll down to the bottom where it says " First Indicator Data. " Click on that and there you go.

Have a great weekend.
Patience & Discipline
EUR/USD 1 hour chart.

Inverted Batman ears, I'll be a buyer when the Williams % R crosses the 20 MA.

If it doesn't break on through the 20 ma, I think it falls back to 1.18000
Attached Image (click to enlarge)
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Patience & Discipline
NZD/USD 1 hour chart.

When the Williams % R crosses above the 20 ma I will be a buyer.

I'm looking for this move north to exhaust it self around .70700
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h1-fx-glory-group-b.png Size: 93 KB
Patience & Discipline
Quoting PokerChip
{quote} Hello Mistdraw28. You're welcome. I'm sorry I don't have a template. You'll have to go to the navigator and find " moving average " and drag it to the pair then open up " Apply To, and scroll down to the bottom where it says " First Indicator Data. " Click on that and there you go. Have a great weekend.
I found this indicator you posted earlier and I have successfully charted it. I'm having trouble with the red and green indicator appearing on your screen below
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Quoting mistdraw28
{quote} I found this indicator you posted earlier and I have successfully charted it. I'm having trouble with the red indicator appearing on your screen below {image} {image}

That is the Donchian Channel, it helps with conformation.

You can't have enough conformation in this business.

Here it is below.
Attached File
File Type: mq4 Donchian Channels - Generalized version.mq4   3 KB | 34 downloads
Patience & Discipline
AUD/USD 1 hour chart.

I will be a buyer, I'm looking for AUD/USD to drop down to about .73300 then after that move higher.

I don't see the price going any lower because a suspect the market maker has sellers trapped below.

The reason I think the pair will drop down a bit is because he has buyers above.

I look for the pair to move up to .73900

This will be a nice trade.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h1-fx-glory-group-a.png Size: 100 KB
Patience & Discipline
Quoting PokerChip
{quote} That is the Donchian Channel, it helps with conformation. You can't have enough conformation in this business. Here it is below. {file}
Not this channel because I already have it on the chart. I have already read your general post. It's Ten-Kansen and Kijun-sen About knowledge I have to read a lot of your posts and pictures here. From when you start to switch to this latest prison escape system.
- Can I briefly summarize how you trade?
1/ Monday: no trading, at the end of the day take the highest and lowest points to look for orders to go long or short.
2/ Just looking for trade setups at H1 and H4, see the general trend D1, W1 but it's not really necessary, right brother?
3/%William 20 cuts MA 20 in the direction of 12-2 for long, and 4-6 for short. Crossing -50 will be more cautious. Close to 0 or -100 will wait for a reversal.
4/ When the price finds it near the upper or lower line of the channel + the previous left support resistance, exit the trade.
5/ Trade the 8 pairs you mentioned earlier in the post.
6/ Trading in LO - NY closed.
- Am I missing or am I doing something wrong ?
Quoting mistdraw28
{quote} Not this channel because I already have it on the chart. I have already read your general post. It's Ten-Kansen and Kijun-sen About knowledge I have to read a lot of your posts and pictures here. From when you start to switch to this latest prison escape system. - Can I briefly summarize how you trade? 1/ Monday: no trading, at the end of the day take the highest and lowest points to look for orders to go long or short. 2/ Just looking for trade setups at H1 and H4, see the general trend D1, W1 but it's not really necessary, right...
Correct I also use the Ten-Kansen and Kijun-sen.

I think you have everything covered.

I would also mention that I only trade the major currencies. The reason for this is volume, we need volume to trade. Without volume we would become stuck in trades.

No fun being stuck, believe me.

If you need the Ten-Kansen and Kijun-sen I can post it here.
Patience & Discipline
My system isn't perfect, but I think it's a safe system on the 1 hour and 4 hour charts using the majors.

You can make your trades and close them and you'll sleep better.

Traders need sleep, very important.

The brain needs rest.
Patience & Discipline
Here's something that I want to stress to all that trade for a living.

When you are in a trade and you no the direction. The trade is going well.

Your in profit territory, and you start thinking should I take my profit ? hell yes take that profit before the market maker takes your profit.

The market maker is looking at how many he has trapped and how much traders are in profit. The market maker doesn't want you to make to much profit.


Have you ever been in a trade, and it's going well. Your up in profit and you think I'll go to bathroom and come right back. After you get back your profit is down ?

Take your profit, always take your profit. If you don't you might lose your profit.

I use to be a buy and hold type of trader, not anymore. If I'm up enough, I will take my profit and jump back soon enough.
Patience & Discipline
Quoting PokerChip
Here's something that I want to stress to all that trade for a living. When you are in a trade and you no the direction. The trade is going well. Your in profit territory, and you start thinking should I take my profit ? hell yes take that profit before the market maker takes your profit. The market maker is looking at how many he has trapped and how much traders are in profit. The market maker doesn't want you to make to much profit. Have you ever been in a trade, and it's going well. Your up in profit and you think I'll go to bathroom and come...
I have learned more about rigor and assertiveness from you. It's great because I just stumbled across your topic here today. Can you post your Ten-Kansen and Kijun-sen indi for me? Thank you for everything. It is now 23:25 in my country. I will sleep now. Wishing you health & happiness every day.
GBP/JPY daily chart.

I look for this pair to drop, maybe 200-300 pips.

You can see the developed Batman ears on the daily chart.

It's a slippery slope.
Attached Image (click to enlarge)
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Patience & Discipline
Quoting mistdraw28
{quote} I have learned more about rigor and assertiveness from you. It's great because I just stumbled across your topic here today. Can you post your Ten-Kansen and Kijun-sen indi for me? Thank you for everything. It is now 23:25 in my country. I will sleep now. Wishing you health & happiness every day.
You're welcome Mistdraw28.

I think the Heiken Ashi will help you see the change of direction.

Here is the Ichimoku indicator, I believe the Ten-Kansen and Kijun-sen is inside the Ichimoku.
Attached Files
File Type: mq4 Heiken Ashi.mq4   5 KB | 31 downloads
File Type: mq4 Ichimoku.mq4   7 KB | 26 downloads
Patience & Discipline
Quoting PokerChip
GBP/JPY daily chart. I look for this pair to drop, maybe 200-300 pips. You can see the developed Batman ears on the daily chart. It's a slippery slope. {image}
You see the picture below. I have the past week redraw setups at GJ H1 following your strict rules here. Well done. I will apply in real account risk management 5% of the account. Since my account is small, the risk will be reduced as the account gets bigger to keep safe. Is there something wrong with my entry points bro?

Quoting mistdraw28
{quote} You see the picture below. I have the past week redraw setups at GJ H1 following your strict rules here. Well done. I will apply in real account risk management 5% of the account. Since my account is small, the risk will be reduced as the account gets bigger to keep safe. Is there something wrong with my entry points bro? {image}
The X sign represents the exit to put money in the pocket

I exit if there is a close or a small swing candle near the Dochian channel line. do you think this is ok?

Quoting PokerChip
AUD/USD 1 hour chart. I will be a buyer, I'm looking for AUD/USD to drop down to about .73300 then after that move higher. I don't see the price going any lower because a suspect the market maker has sellers trapped below. The reason I think the pair will drop down a bit is because he has buyers above. I look for the pair to move up to .73900 This will be a nice trade. {image}
How do you use the 50,200 MA on the chart? Is it necessary in the chart? Or are the above rules good enough with the new prison escape system without moving averages? An old post you once wrote. Market makers know the moving averages but they are easily erased.
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Pockerchip I have now refined and corrected my trading approach and method, and I realise what a good and insightful trader you are. Well done
Quoting PokerChip
{quote} You're welcome Mistdraw28. I think the Heiken Ashi will help you see the change of direction. Here is the Ichimoku indicator, I believe the Ten-Kansen and Kijun-sen is inside the Ichimoku. {file} {file}
You might find this heiken ashi indicator more useful, as it has a hide/show button and auto width.

Attached File
File Type: mq4 Heiken Ashi AutoWidth button.mq4   8 KB | 25 downloads
Quoting mistdraw28
{quote} You see the picture below. I have the past week redraw setups at GJ H1 following your strict rules here. Well done. I will apply in real account risk management 5% of the account. Since my account is small, the risk will be reduced as the account gets bigger to keep safe. Is there something wrong with my entry points bro? {quote} The X sign represents the exit to put money in the pocket I exit if there is a close or a small swing candle near the Dochian channel line. do you think this is ok? {quote} How do you use the 50,200 MA...
Hello Mistdraw28,
By looking at this chart, If you can trade like this on every pair your going to have money to burn. I mean that. I can tell that you are already almost perfect. Your entries are really really good. Your exit's really good too. Your exits, are better than mine by the way. Don't change the way you trade.

Don't worry about how small you say your account is. It won't be small for very long. Your account will grow in a hurry at this rate.

Your a serious trader, and serious traders make serious profit. When you grow your account I recommend that you take some profit out so to treat this like a business. That way you'll want to replace what you took out asap. Also, I recommend that you get your margin as huge as possible, that way you will be protected if the market maker takes a serious disliking to you. When he see's you everyday, crushing it taking what he thinks is his money, he will run a stop hunt against you and others who are trading with you. And you'll need that huge margin to protect you.

The way I use the 50 and 200 MA, if I'm a buyer I want to see the 50 and 200 MA above my price, this telling me I'm trading with the trend, (market maker).
If I'm a seller I want to see the 50 and 200 MA below my price. It's not necessary to use, I use it because a it's old habit for me to use it.

I can tell you have studied hard and you have learned how to trade as safe as possible.

Now, can make as much profit as you want, I might add when you get mentally tired it's time to stop trading. There's always tomorrow.

Great job Mistdraw28
Patience & Discipline
Quoting here2there
{quote} You might find this heiken ashi indicator more useful, as it has a hide/show button and auto width. {file}
Here2there,

Thank you for the heiken ashi indicator post.

Hopefully everyone uses it.
Patience & Discipline
Quoting Houtbay
Pockerchip I have now refined and corrected my trading approach and method, and I realise what a good and insightful trader you are. Well done
Excellent, I'm glad to hear that. We have to learn something new everyday, or we regress and end up treading water.
Patience & Discipline
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