The Jail Break System

Quoting Pat Chiko

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{quote} CAD JPY Loss trade. Whipsaw in the jail Re-entry at new jail level {image}

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Quoting richy247

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As I lay in my bed contemplating what went wrong with my trade and my mind racing with questions ... why ? Why !! Why... lost so much this few months .. while digging through FF a message got attention “ Well hang in there, things will turn arround for you”... Message from the universe .. Started digging through your thread and realised this is where I should be .. System so indicator free and genuinely nice people pulling eachother up... Gonna read the thread back and forth, follow your style and show results keeep the good work up

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Quoting Pat Chiko

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{quote} GBP USD Scalping {image}

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Quoting Pat Chiko

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{quote} GBP USD We continue trading this pair after formation/ jail break. Yesterday, price halt at minor resistant ( marked BSZ= Break Stop Zone) "MM" trying to get more seller to short at this double top/resistant (BSZ). The JAIL was formed six hours ago. (zoom chart). It makes a fake move below , and at London open, it break the jail. Knowingly, those traders will place Stop Loss just above BSZ. The rest of the story is on the chart. Good luck. {image} {image}

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Quoting pamc

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{quote} Good to hear. Just look at PAT how well he is doing here. Taken it totally onboard. Just go through the start and study the images posted with comments. Yes we get losers. Sometimes we get a few going deep into drawdown like the recent CAD pairs. The winners will outnumber the losers in quantity and in pips so dont let it affect your overall phsyche. Manage the losers as best you can, the rest will follow nicely. You can see that PAT is using wedges alongside this method. Download the 2 files pdf's i posted earlier and pm me for more pdfs....

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Quoting Pat Chiko

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{quote} GBP USD We continue trading this pair after formation/ jail break. Yesterday, price halt at minor resistant ( marked BSZ= Break Stop Zone) "MM" trying to get more seller to short at this double top/resistant (BSZ). The JAIL was formed six hours ago. (zoom chart). It makes a fake move below , and at London open, it break the jail. Knowingly, those traders will place Stop Loss just above BSZ. The rest of the story is on the chart. Good luck. {image} {image}

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Quoting Pat Chiko

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{quote} GBP USD We continue trading this pair after formation/ jail break. Yesterday, price halt at minor resistant ( marked BSZ= Break Stop Zone) "MM" trying to get more seller to short at this double top/resistant (BSZ). The JAIL was formed six hours ago. (zoom chart). It makes a fake move below , and at London open, it break the jail. Knowingly, those traders will place Stop Loss just above BSZ. The rest of the story is on the chart. Good luck. {image} {image}

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Quoting Pat Chiko

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{quote} GBP USD We continue trading this pair after formation/ jail break. Yesterday, price halt at minor resistant ( marked BSZ= Break Stop Zone) "MM" trying to get more seller to short at this double top/resistant (BSZ). The JAIL was formed six hours ago. (zoom chart). It makes a fake move below , and at London open, it break the jail. Knowingly, those traders will place Stop Loss just above BSZ. The rest of the story is on the chart. Good luck. {image} {image}

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Quoting richy247

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{quote} Thanks Pat Nicely explained... Pamc can’t message anybody as I never discussed on any forum just consume info and not discuss(very bad for my development)..would appreciate if you could drop it here would really appreciate thanks

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Quoting richy247

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{quote} Pat are you in on GU???

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Quoting Pat Chiko

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{quote} AUD USD Slow process jail break. {image}

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Quoting TraderR0N

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Good evening guys, Now it seems to me that US - China tradewar is affecting the oil price hence CAD is weak... I have just read the news.. this is the biggest problem now and I can tell you that it can’t be solve, it will take a long time for both parties to agree on tariffs... fake algo news is the one that makes the market moves.. scary.. Phrase 1 Phrase 2..... etc etc... until phrase 100 also can’t be solve.. lol period.. Enjoy your day and

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Quoting richy247

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{quote} Thanks for this explanation TraderRon...Now it makes MORE sense.Trade-war on the Right,Brexit on the Left...bad time to be a trader...Gotta keep fighting ...

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