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The Jail Break System

  • #101
  • Edited 11:27am Sep 18, 2019 11:10am | Edited 11:27am
Quoting ukmartin
Hi PokerChip Very nice thread Just following your analysis on AUD/USD How do you tell that shorts are being accumulated and not the other way round?
Thank you for the compliment.

The very first tool that I use is the box. This tells me when they are accumulating. If were in climbing levels the " MM " are accumulating sellers. And if were in levels that are dropping the " MM " are trapping buyers.

Then the " MM " will move out of the box in either directions. After that I use a " 3 level system ". What this does is tell me if a pair is climbing or the pair is dropping. Right now in the pair AUD/USD is dropping and we are between 1st and 2nd levels. Once the pair 50MA passes under the 200MA the pair will be in the 2nd level. The 3rd level climbing or dropping is where the most profit is made. And I would imagine it's the same way for the " MM ".

After the 3rd level is when the 200MA passes under the 800MA reached the cycle starts all over again. Then the pair starts dropping one level at a time.

But " MM " will not leave a level until they have enough traders trapped going up or down, that's the ultimate goal for the " MM ".
Patience, let the trade come to you.
  • #102
  • Sep 18, 2019 11:26am Sep 18, 2019 11:26am
Quoting PokerChip
{quote} Thank you for the compliment. The very first tool that I use is the box. This tells me when they are accumulating. If were in climbing levels the " MM " are accumulating sellers. And if were in levels that are dropping the " MM " are trapping buyers. Then the " MM " will move out of the box in either directions. After that I use a " 3 level system ". What this does is tell me if a pair is climbing or the pair is dropping. Right now in the pair AUD/USD is dropping and we are between 1st and 2nd levels. Once the pair 50MA passes under the...
Where do you get the blue box? I am a trend follower also at the start of the new cycle.

regards
  • #103
  • Sep 18, 2019 11:32am Sep 18, 2019 11:32am
Quoting MarkStep
{quote} Where do you get the blue box? I am a trend follower also at the start of the new cycle. regards
The blue color is from my MT4. I'm not sure why it's the color blue.
Patience, let the trade come to you.
  • #104
  • Sep 18, 2019 1:26pm Sep 18, 2019 1:26pm
Hi PokerChip, nice thread and good observation
will you plz mention white and golden colours moving averages strength
Good wishes
  • #105
  • Sep 18, 2019 1:37pm Sep 18, 2019 1:37pm
Hi PokerChip

Thanks for your detailed explanation, very much appreciated.

I'll see if I can put it into practice.

The AUD/USD is falling nicely now, is it time to sell or still too early?
  • #106
  • Sep 18, 2019 1:54pm Sep 18, 2019 1:54pm
Quoting AbbasRizvi
Hi PokerChip, nice thread and good observation will you plz mention white and golden colours moving averages strength Good wishes
Thank you Sir.

The moving average's are all EMA moving average's. 13,50,200,800.

(1) When the 13 crosses over the 50 is to be bullish and it is looking for a 1st level to establish.
When the 13 passes under the 50 is to be bearish and it also is looking for a 1st level to establish.

(2) When the 50 crosses over the 200 to be bullish it is looking for the 2nd level to establish.
When the 50 passes under the 200 to be bearish it is looking for the 2nd level to establish.

(3) This is the most important part of all 3 levels. The 3rd level is when you make the profit because you'll have confidence in the trade after seeing the 1st and 2nd levels established.

When the 200 crosses over the 800 this will be very bullish it is looking for the 3rd level to establish.
When the 200 passes under the 800 this will be very bearish it is looking for the 3rd level to establish.

Then after a new high is established the cycle repeats itself and starts all over again but were headed in the other direction to lower levels for a new first lower level to be established.

If we hit a new 3rd level low, the cycle starts all over again but were looking for a 1st level high. Then look for the 13 to cross over the 50 for the beginning of the 1st level.

Use the 1 hour chart to locate where you are. You could be anywhere using different pairs. So open up a 1 hour chart and find the level where the pair is at and draw the box of the level or levels and start watching. This will help you understand why you want to trade with the " MM ".

I hope this helps.
Patience, let the trade come to you.
  • #107
  • Sep 18, 2019 2:09pm Sep 18, 2019 2:09pm
Here's why the " MM " moved out of the box to the north. The " MM " used today's news to reverse AUD/USD and run it back south. Were now between the 2nd level and 3rd level and the " MM " decide where the 3rd level will be establish at. Now we wait.

The 50EMA is very close in passing under the 200EMA.
Attached Image (click to enlarge)
Click to Enlarge Name: audusdi-h1-tw-corp-aud-usd-chart.png Size: 52 KB
Patience, let the trade come to you.
  • #108
  • Sep 18, 2019 2:19pm Sep 18, 2019 2:19pm
Quoting PokerChip
{quote} Thank you Sir. The moving average's are all EMA moving average's. 13,50,200,800. (1) When the 13 crosses over the 50 is to be bullish and it is looking for a 1st level to establish. When the 13 passes under the 50 is to be bearish and it also is looking for a 1st level to establish. (2) When the 50 crosses over the 200 to be bullish it is looking for the 2nd level to establish. When the 50 passes under the 200 to be bearish it is looking for the 2nd level to establish. (3) This is the most important part of all 3 levels. The 3rd level is...
OMG, what a good and detailed explanation, thanks for reply, I will study it
and think fruitful
Good wishes
  • #109
  • Sep 18, 2019 2:31pm Sep 18, 2019 2:31pm
Quoting AbbasRizvi
{quote} OMG, what a good and detailed explanation, thanks for reply, I will study it and think fruitful Good wishes
Lol, you're welcome.
Patience, let the trade come to you.
  • #110
  • Sep 18, 2019 2:41pm Sep 18, 2019 2:41pm
Quoting ukmartin
Hi PokerChip Thanks for your detailed explanation, very much appreciated. I'll see if I can put it into practice. The AUD/USD is falling nicely now, is it time to sell or still too early?
You're welcome.

Right this minute were between the 2nd level and 3rd level where ever that will be. If you decide to sell I would wait until you see a retracement to the high then make the sell trade. You'll be trading with the " MM " probably add another 5-10 pips to the trade. If you can do this you'll probably net at least 20 pips, that's just a guess. I think we can get to .6810, if we can go beyond that would be beneficial.
Patience, let the trade come to you.
  • #111
  • Sep 18, 2019 3:54pm Sep 18, 2019 3:54pm
Unless AUD/USD pulls back into the box in the next 7 minutes I look for this pair to drop even more. We have passed the box and looking for a lower level, the 3rd level, which what we have been waiting for all along. The 50EMA has yet to pass under the 200EMA I think it will which drive this pair lower.
Attached Image (click to enlarge)
Click to Enlarge Name: audusdi-h1-tw-corp-aud-usd-chart.png Size: 49 KB
Patience, let the trade come to you.
  • #112
  • Sep 18, 2019 4:25pm Sep 18, 2019 4:25pm
This is about the GBP/USD pair. Okay first of all this is a long shot but I'm a optimist. Currently were at the 3rd level and this pair could make to 1.2500 if not I think it falls back to 1.2400

I'll keep a eye on it.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h1-tw-corp-gbp-usd-chart.png Size: 42 KB
Patience, let the trade come to you.
  • #113
  • Sep 18, 2019 4:40pm Sep 18, 2019 4:40pm
This pair USD/JPY has around 50 more pips in it or so. I think it moves to 1.2900 then starts to reverse and then it will start looking for it's 1st lower level. I don't think the interest rate cut was enough today.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-h1-tw-corp-usd-jpy-chart.png Size: 42 KB
Patience, let the trade come to you.
  • #114
  • Sep 18, 2019 4:48pm Sep 18, 2019 4:48pm
Here's the CHF/JPY on the 1 hour chart. Were at the 2nd level on the down side. I'm waiting a break out of the box to the south and for the 50EMA to pass under the 200EMA.
Attached Image (click to enlarge)
Click to Enlarge Name: chfjpyi-h1-tw-corp-chf-jpy-chart.png Size: 46 KB
Patience, let the trade come to you.
  • #115
  • Sep 19, 2019 6:37am Sep 19, 2019 6:37am
Here's the results of the CHF/JPY pair in the 3rd level after leaving the box. Now this pair is heading back north searching for the 1st level.
Attached Image (click to enlarge)
Click to Enlarge Name: chfjpyi-h1-tw-corp-chf-jpy-chart.png Size: 47 KB
Patience, let the trade come to you.
  • #116
  • Sep 19, 2019 6:40am Sep 19, 2019 6:40am
Here's the results of the AUD/USD pair at the 3rd level of dropping. Right now the AUD/USD doesn't have a direction.
Attached Image (click to enlarge)
Click to Enlarge Name: audusdi-h1-tw-corp-aud-usd-chart.png Size: 44 KB
Patience, let the trade come to you.
  • #117
  • Sep 19, 2019 7:45am Sep 19, 2019 7:45am
Quoting PokerChip
Here's the results of the CHF/JPY pair in the 3rd level after leaving the box. Now this pair is heading back north searching for the 1st level. {image}
Hi PokeChip, for CHF/JPY, the quick moves to the up side (50pips), is this candle fake out moves by the banks trying to pull retail traders into a trade?
  • #118
  • Sep 19, 2019 8:58am Sep 19, 2019 8:58am
Quoting fx69
{quote} Hi PokeChip, for CHF/JPY, the quick moves to the up side (50pips), is this candle fake out moves by the banks trying to pull retail traders into a trade?
Sorry I took so long to get back with you. One of my AC units shut off and I had the air conditioning man working on it.

Okay on to you're question. I would want to wait until we can see where it leaves the box at. It's made a new 1st level of a new high. But it could turn right around and head back south. The " MM " are accumulating contracts right now inside the box. I would recommend to wait for right now.
Attached Image (click to enlarge)
Click to Enlarge Name: chfjpyi-h1-tw-corp-chy-jpy-h-1-chart.png Size: 47 KB
Patience, let the trade come to you.
  • #119
  • Edited 10:29am Sep 19, 2019 9:50am | Edited 10:29am
Here's the EUR/JPY in the 1st level on the down side. There will be a red candle coming out of the bottom of the box on the chart at some point after the " MM " accumulate enough traders so they can trap them right there in the box.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyi-h1-tw-corp-eur-jpy-chart.png Size: 44 KB
Patience, let the trade come to you.
  • #120
  • Sep 19, 2019 10:39am Sep 19, 2019 10:39am
Quoting PokerChip
Here's the EUR/JPY in the 1st level on the down side. There will be a red candle coming out of the bottom of the box on the chart at some point after the " MM " accumulate enough traders so they can trap them right there in the box. {image}
Fantastic analysis, spot on
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