The Jail Break System

Sorry I'm just getting back to you. When that first red candle closed south of the box you could have entered a sell.

Here's the pair USD/CAD H4 chart. A 4 hour candle has moved to the north out of the box.

Very Important Note: When you look at the box on this USD/CAD H4 chart, or any chart that you are thinking about making a trade in. Very serious please remember this, before you ever pull the trigger and make a trade. These market manipulators are the ones that are taking the buy or sell order from you. They let you into the market to trap you and other retail traders. That's how they make they're money. So the market manipulators want the opposite to happen in the trade you just made. When you look at a chart and you look to the left and see all of this 80-120 pip moves, up and down. These are the foot prints so to speak the market manipulators left behind that can you to see. They can't hide from this. So when you look at any chart, you want to think the opposite of what you see.

That's why I developed the jail break box. Let these market manipulators do they're thing inside the box on the 4 hour chart, then they will move out of the box and start ranging back and forth. Then after they have enough trapped they pull away slow and steady in on direction for at least 5 hours and this is where you make the profit and what I call the 3rd cycle. The 3rd cycle is good for us traders that wait, very bad for traders that got trapped because they " DIDN'T WAIT " and got into the trade to soon and they'll either have to close their trades or go into swap. The moral of this story is " WAIT " for the 3rd cycle and ride with the market manipulators.

Okay, take a look at this USD/CAD 4 hour chart. You see those two big red candles to the left of the box ? These are retail traders that have been trapped and now the market manipulators are running north out of the box making those traders be down 30-40 pips or maybe more and they'll have to close out of their trades.

Support and resistance is made by the market manipulators and can manipulated and respected for what ever the make manipulators what so they can trap you and take all of your money, that's their job.

I want you to think of this box as a " trap " that's all it is. If you make a trade inside of this box you can be 90% sure that you'll lose that money. That's the way it is. Stay out of the box, respect the box. Because it's a grave yard for traders that take trades inside of the box.

Here's a 15 min chart of USD/CAD. Take a look at the box a see how the market manipulators work inside the box, They took the pair out of the box with a move to the north, then they went back into the box to make traders think the pair was going to drop so those traders went short because they thought the pair was dropping got trapped when the market manipulators took the pair north out of the box for almost 60 pips. This is how it works.

The only way to be successful in the forex business is to ride with the direction of these market manipulators. Understanding this cycle will prove to you that technicals don't work. The market manipulators know when the 50 ma crosses over the 200 ma letting them trap traders thinking the market is going one way when in reality it's going to go the opposite way.

PokerChip, thank you for your detailed explanations in posts 43 and 44.
It all makes sense to what is really going on in the FOREX market.

Greetings from Houston TX

Darryl, You are welcome Sir.

Actually, I should have included post 42 also. I've been keeping
up with your thread since the first post. From your thread,
I'm learning when not to trade and when to trade, in that order.

The only way you can make money in this business is to trade inline with the market manipulators. Once you see candles leaving the box you have to wait usually for a fake out which will be quick to draw traders into the market then expect a move to the opposite direction. That last move is more than likely the correct move to be inline with the manipulators.

hi PokerChip，euraud wait for buy or sell？

The EUR/AUD has been down 11 days in a row. At some point the pair has to reverse course. I think if it was me I would wait for the reversal. It can't keep going down because the MM will run out of sellers to sell too. The last two day candles have not been that big. That might be a indication that a reversal is near. Remember the MM want just the opposite that you want to happen. I would be a watcher of this pair. It's really hard to call a bottom or a top. I think the MM are trying to trap as many sellers they can and then do a very quick reversal. Look for a W at the bottom of the 4 hour chart on this pair. I'll keep a eye on it as well.

Hi PokerChip

Lucky I was still in a short position and then decided to come out in a nice profit (EURUSD).

No interest rate change meant so much to some people or just another excuse to stop hunt people?

Any way I'll let the dust settle and see for signs of consolidation (Phase 1) ?

Regards.N

I also forgot to mention I do not use a stop loss. In this case if I had I would have been slaughtered at first.

N

Excellent, I'm glad you made a profit. That's what it's all about. Keep up the good work.

I agree, a stop loss will get you into trouble.

Here is a perfect example of a stop hunt. On this one hour chart and green candle came out of the box then for two more hours it moved 6-7 pips. The green candle was the fake out move, then boom the stop hunt hammered the buyers and probably took them all out.

Here's 15 minute chart of the USD/JPY. You can clearly see the railroad tracks telling a change is going to happen. On this chart you had the fake out to the north then after those three 15 M candles. You had the real direction that MM wanted, they had those traders that had bought in those three candles trapped and they took it the opposite way. To be really safe to could have entered a sell after the red 15 minute passed the bottom of the box. Then keep checking the 4 and 1 hour charts to make sure you can stay in the trade.

Here's a look at the 1 hour chart. This chart tells me they ran the pair down and ran out of sellers then reversed it and took it north, to make a V pattern. The MM whole plan is to get the retail trader trapped and make him close out his trade. Remember when you are in a trade you want to wait until you can ride inline with the MM. Those traders that treat forex trading like it's casino won't last long.

Railroad tracks forming on the EUR/NZD. Change is coming.

Railroad tracks forming on the EUR/AUD 15 minute chart. Change coming.

Change coming to USD/JPY on the 15 minute chart.