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The Jail Break System

  • #181
  • Sep 24, 2019 7:27am Sep 24, 2019 7:27am
The GBP/NZD is still moving lower toward the 3rd level. It has a way to go.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzdi-h1-tw-corp-gpd-nzd-chart.png Size: 38 KB
Patience, let the trade come to you.
  • #182
  • Sep 24, 2019 8:53am Sep 24, 2019 8:53am
what do you think of this
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Click to Enlarge Name: ForexTime (FXTM) MT4.png Size: 87 KB
  • #183
  • Edited 9:39am Sep 24, 2019 9:01am | Edited 9:39am
Quoting menek
what do you think of this {image}
I would have to say by just looking at this pair, it has a lot of sellers trapped and the " MM " has to move the pair up.

The " MM " can't make a profit until they close out a trader that they have trapped. So what's probably happening right now is the " MM " has some buyers trapped and they want to take the pair lower.
Attached Image (click to enlarge)
Click to Enlarge Name: eurchfi-h1-tw-corp-eur-chf-chart.png Size: 42 KB
Patience, let the trade come to you.
  • #184
  • Sep 24, 2019 9:02am Sep 24, 2019 9:02am
When do start looking for the levels? After Ema 13 cross Ema50?
  • #185
  • Sep 24, 2019 9:35am Sep 24, 2019 9:35am
Quoting menek
When do start looking for the levels? After Ema 13 cross Ema50?
Yep, I look for the peak then for a level to form below the peak, that will be the 1st level and the 13EMA passes under the 50EMA after that. Then I draw a box around the level. Then I wait to sell.
Patience, let the trade come to you.
  • #186
  • Sep 24, 2019 10:47am Sep 24, 2019 10:47am
On the AUD/JPY here's a idea for traders that like to buy.

Note: Think of forex trading like this. " For every action, you have to have a opposite reaction. " That's how the " MM " gets traders trapped. And that's the way this business is. It never changes.
Attached Image (click to enlarge)
Click to Enlarge Name: audjpyi-h1-tw-corp-aud-jpy-chart.png Size: 41 KB
Patience, let the trade come to you.
  • #187
  • Sep 24, 2019 12:09pm Sep 24, 2019 12:09pm
I think what's going here with GBP/NZD the " MM " are waiting on more buyers and trap them so they can take it south to the 3rd level.
The reason I just said that because it's still in at the 2nd level.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzdi-h1-tw-corp-gbp-nzd-h-1-chart.png Size: 37 KB
Patience, let the trade come to you.
  • #188
  • Sep 24, 2019 1:47pm Sep 24, 2019 1:47pm
Quoting PokerChip
I think what's going here with GBP/NZD the " MM " are waiting on more buyers and trap them so they can take it south to the 3rd level. The reason I just said that because it's still in at the 2nd level. {image}
How do hand this? Do you advice placing pending order since one may not always be online to enter the order?
  • #189
  • Sep 24, 2019 1:51pm Sep 24, 2019 1:51pm
Quoting menek
{quote} How do hand this? Do you advice placing pending order since one may not always be online to enter the order?
That's up to you. I would never place a order and not be online or walk away from my computer after I placed a order.
Patience, let the trade come to you.
  • #190
  • Sep 24, 2019 4:13pm Sep 24, 2019 4:13pm
Reversal is completed.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-h1-tw-corp-usd-jpy-chart.png Size: 46 KB
Patience, let the trade come to you.
  • #191
  • Sep 24, 2019 9:57pm Sep 24, 2019 9:57pm
Here's what happens in GBP/NZD when bunch of traders pressed the buy button.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzdi-h1-tw-corp-gbp-nzd-chart.png Size: 36 KB
Patience, let the trade come to you.
  • #192
  • Edited 5:49am Sep 25, 2019 4:34am | Edited 5:49am
Hi PokerChip, thanks for sharing the strategy, Its a while Iam reading the thread and learn about this strategy(Thanks to you)

about CADCHF chart, I think the price upward move is close, Am I right? (or it may be denied)

Attached Image (click to enlarge)
Click to Enlarge Name: CADCHFH1.png Size: 28 KB
  • #193
  • Edited 6:47am Sep 25, 2019 6:29am | Edited 6:47am
Quoting Registered
Hi PokerChip, thanks for sharing the strategy, Its a while Iam reading the thread and learn about this strategy(Thanks to you) about CADCHF chart, I think the price upward move is close, Am I right? (or it may be denied) {image}
This is what I see CAD/CHF chart.

I see CAD/CHF moving lower than the 3rd level. Then after it moves lower I see CAD/CHF accumulation (railroad tracks) then I see a reversal after that and heading back up.

The reason I say this is, you have buyers trapped from 74.35-74.50 and the " MM " needs for these buyers to close out these trades for the " MM " to get paid. The " MM " won't let a trader out of a trap 99% of the time. So these traders just lost $, they'll have to close out soon.

Note: This pair CAD/CHF is not a easy pair to trade. Looking at the chart it has some herky jerky movements. It's changed directions five time in 24 hours. That would drive me nuts, lol. I've always stayed away from pairs like this one.

I hope this helps.
Attached Image (click to enlarge)
Click to Enlarge Name: cadchfi-h1-tw-corp-cad-chf-chart.png Size: 47 KB
Patience, let the trade come to you.
  • #194
  • Sep 25, 2019 7:09am Sep 25, 2019 7:09am
Reversal on the GBP/JPY 1 hour chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyi-h1-tw-corp-gbp-jpy-chart.png Size: 45 KB
Patience, let the trade come to you.
  • #195
  • Sep 25, 2019 7:12am Sep 25, 2019 7:12am
EUR/AUD moving back lower now.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudi-h1-tw-corp-eur-aud-chart.png Size: 39 KB
Patience, let the trade come to you.
  • #196
  • Sep 25, 2019 7:32am Sep 25, 2019 7:32am
Quoting PokerChip
{quote} This is what I see CAD/CHF chart.
Thanks,
but how we should calculate R:R ?(or s/l, t/p) (if you wrote about it before i think i missed it)
  • #197
  • Sep 25, 2019 8:11am Sep 25, 2019 8:11am
Quoting Registered
{quote} Thanks, but how we should calculate R:R ?(or s/l, t/p) (if you wrote about it before i think i missed it)
I try to teach traders to trade in line with the " MM ". That's what's this thread is all about. I don't use a stop loss. I take profit when I think the " MM " is about to reverse direction.

This type of trading takes time to understand. You have to think like a " MM ", if you do this you'll grasp trading in line with the " MM " sooner than later.

Keep looking to the left to see what the " MM " is doing, these are his foot prints. They always tell you the opposite as going to happen. The " MM " has to trap traders to make a profit. He doesn't get paid until he makes traders close out they're trades.
Patience, let the trade come to you.
  • #198
  • Sep 25, 2019 10:07am Sep 25, 2019 10:07am
A reversal is about to take place for EUR/CHF.
Attached Image (click to enlarge)
Click to Enlarge Name: eurchfi-h1-tw-corp-eur-chf-chart.png Size: 37 KB
Patience, let the trade come to you.
  • #199
  • Edited 11:41am Sep 25, 2019 10:08am | Edited 11:41am
Quoting PokerChip
{quote} I try to teach traders to trade in line with the " MM ". That's what's this thread is all about. I don't use a stop loss. I take profit when I think the " MM " is about to reverse direction. This type of trading takes time to understand. You have to think like a " MM ", if you do this you'll grasp trading in line with the " MM " sooner than later. Keep looking to the left to see what the " MM " is doing, these are his foot prints. They always tell you the opposite as going to happen. The " MM " has to trap traders to make a profit. He doesn't...
Thanks for the tips, really appreciate it.
  • #200
  • Sep 25, 2019 10:43am Sep 25, 2019 10:43am
Quoting Registered
{quote} Thanks for the tips, really appreciate it. - AUDNZD, I think its getting ready to go down {image}
You're welcome
Patience, let the trade come to you.
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