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The Jail Break System

  • #2,861
  • Dec 3, 2019 3:30pm Dec 3, 2019 3:30pm
Quoting PokerChip
{quote} Lol, you crack me up. I'm just a trader, just like you. If this were a poker game with 9 players I might be the 4th or 5th player at the table. And I also could be the 9th best player. All I know is, I'm in the game, ha ha. Truth be known in forex trading, I think a really good trader is less greedy. I'm trying to be less greedy, that's why I'm stuck right now, greed.
No one Trader know it all;Experiences shape how you Trade and behave to the EVER changing Market...MM want to get as much Liquidity from Us(Retail Traders).Its fair to be Smart-Greedy and get as much as we can from the Market...You're not hurting anyone.

For someone that look up to James Bond...I dont know how to play Poker...Damn
  • #2,862
  • Dec 3, 2019 3:38pm Dec 3, 2019 3:38pm
Quoting pamc
{quote} no man, i still screw up big time on around 10% of my trades timing and have to go pretty deep DD sometimes. But thats my call
There's always room for improvement...No one man is 100..Our imperfections makes the trading journey perfect...If you get it 10/10;You will get bored of it and not find it exciting anymore...Buffet still getting it wrong after 50-60 years..

Atleast you're better than 97%...Would take that any day
  • #2,863
  • Dec 3, 2019 3:40pm Dec 3, 2019 3:40pm
Quoting richy247
{quote} No one Trader know it all;Experiences shape how you Trade and behave to the EVER changing Market...MM want to get as much Liquidity from Us(Retail Traders).Its fair to be Smart-Greedy and get as much as we can from the Market...You're not hurting anyone. For someone that look up to James Bond...I dont know how to play Poker...Damn
I agree smart-greedy is better than all out stupid greedy where you go to sleep in a trade when you're down 80 pips. You wake up and you're down over 200 pips, I'm guilty of that. Stupid has no boundary.

I listen more to my gut now than ever. If something doesn't seem right I usually close the trade most of the time.

Poker is a great game. No limit poker is my favorite.

Started playing poker in probably 5th grade, with pennies.
Patience, let the trade come to you.
  • #2,864
  • Dec 3, 2019 3:42pm Dec 3, 2019 3:42pm
Thanks all for the company. need some sleep/ GNight
  • #2,865
  • Dec 3, 2019 3:58pm Dec 3, 2019 3:58pm
Quoting PokerChip
{quote} I agree smart-greedy is better than all out stupid greedy where you go to sleep in a trade when you're down 80 pips. You wake up and you're down over 200 pips, I'm guilty of that. Stupid has no boundary. I listen more to my gut now than ever. If something doesn't seem right I usually close the trade most of the time. Poker is a great game. No limit poker is my favorite. Started playing poker in probably 5th grade, with pennies.
Im guilty of this Stupidity last week Friday with GBPNZD and GBPAUD...about 4lots on each pair(Study-Greedy)...My gut told me it might range but my mind wont let the money go.I said to myself "First thing Sunday 10pm if same im closing it all and getting it back" but turned out good.

I noticed loosing aint that bad after the lost its the fear of loosing that kills me...Im sure with your years of Experiences you can deal with it better than someone like me.My weekend was shit((down 40pips *4lots )*2)

I will get the Poker book and read the rules...More a Blitz Chess person...
  • #2,866
  • Dec 3, 2019 3:59pm Dec 3, 2019 3:59pm
Quoting pamc
Thanks all for the company. need some sleep/ GNight
Good night PAMC
Patience, let the trade come to you.
  • #2,867
  • Dec 3, 2019 4:06pm Dec 3, 2019 4:06pm
Quoting richy247
{quote} Im guilty of this Stupidity last week Friday with GBPNZD and GBPAUD...about 4lots on each pair(Study-Greedy)...My gut told me it might range but my mind wont let the money go.I said to myself "First thing Sunday 10pm if same im closing it all and getting it back" but turned out good. I noticed loosing aint that bad after the lost its the fear of loosing that kills me...Im sure with your years of Experiences you can deal with it better than someone like me.My weekend was shit((down 40pips *4lots )*2) I will get the Poker book and read the...
If you learn the jail break system it will tell you what level you're at most of the time moving up or down. The daily jail break is better than the 4 hour jail break system and the 4 hour is better than the 1 hour system. Until a couple of weeks ago I had no idea I could use the jail break system on the 4hr or daily.

What I'm working on is make the jail break system into a EA and let it run 24/7.

Andrew Black is British and a great poker player. Watch him on youtube when you have time.

You're using 4 lots, ha ha crazy.
Patience, let the trade come to you.
  • #2,868
  • Edited 5:31pm Dec 3, 2019 5:20pm | Edited 5:31pm
Hi Poker Chip thanks for your thread.

Here is some inspiration:

Inserted Video


Inserted Video
  • #2,869
  • Dec 3, 2019 5:27pm Dec 3, 2019 5:27pm
Quoting PokerChip
{quote} If you learn the jail break system it will tell you what level you're at most of the time moving up or down. The daily jail break is better than the 4 hour jail break system and the 4 hour is better than the 1 hour system. Until a couple of weeks ago I had no idea I could use the jail break system on the 4hr or daily. What I'm working on is make the jail break system into a EA and let it run 24/7. Andrew Black is British and a great poker player. Watch him on youtube when you have time. You're using 4 lots, ha ha crazy.
Jail Break system Open my eyes and it keeps getting better...The 4 Lots is 0.5*8 positions...Different Level...LOL...yeah Im that Stupid ...
Will the EA be Full Auto or Half...Would be nice to develop an indicator Firstly to identify the Jail Break(Just like your Blue box) at diff MTF.Then the EA developer will now work around the Indicator...What do you think ?

I will Search him up
  • #2,870
  • Dec 3, 2019 5:39pm Dec 3, 2019 5:39pm
Quoting richy247
{quote} Jail Break system Open my eyes and it keeps getting better...The 4 Lots is 0.5*8 positions...Different Level...LOL...yeah Im that Stupid ... Will the EA be Full Auto or Half...Would be nice to develop an indicator Firstly to identify the Jail Break(Just like your Blue box) at diff MTF.Then the EA developer will now work around the Indicator...What do you think ? I will Search him up
I think the EA should be full auto, what do you think ? And it would need a indicator for the accumulation box.

I think you're correct, the indicator would be the key to the accumulation box.
Patience, let the trade come to you.
  • #2,871
  • Edited 6:51pm Dec 3, 2019 5:51pm | Edited 6:51pm
Quoting lifon
Hi Poker Chip thanks for your thread. Here is some inspiration: https://www.youtube.com/watch?v=E-HRjjWQk6M https://www.youtube.com/watch?v=3tnKok3B1iQ
lifon,
Thanks for posting these videos. Very similar to the jail break system. It seems to have more boxes' than my system. I was hoping second video was a going to be a full auto AE. His system looks like it works good. I wonder what the winning percentage is ?

Poker Chip
Patience, let the trade come to you.
  • #2,872
  • Dec 3, 2019 6:55pm Dec 3, 2019 6:55pm
Quoting PokerChip
{quote} I think the EA should be full auto, what do you think ? And it would need a indicator for the accumulation box. I think you're correct, the indicator would be the key to the accumulation box.
Yes ...I think we should start with an Indicator to Identify the Jail Break On any given Time Frames and it will be easy for any Development to be made ...since Jail break is the ROOT of the System...While we using the Indicator you might find out something thats not there 3-4 months before that could be added to the EA(just as you found that 4H and Daily works).

Building EA is a Step by Step Process with this Jail Break Indicator,We will walk up to the EA being Built...Project Management Style

Watching the Video...Its Similar..And great idea for the EA/Indicator
  • #2,873
  • Dec 3, 2019 7:30pm Dec 3, 2019 7:30pm
Quoting PokerChip
{quote} If you learn the jail break system it will tell you what level you're at most of the time moving up or down. The daily jail break is better than the 4 hour jail break system and the 4 hour is better than the 1 hour system. Until a couple of weeks ago I had no idea I could use the jail break system on the 4hr or daily. What I'm working on is make the jail break system into a EA and let it run 24/7. Andrew Black is British and a great poker player. Watch him on youtube when you have time. You're using 4 lots, ha ha crazy.
Hi Poker Chip,

Do you change your TP if you are now trading the jail break system with 4 hours or daily? I have read about market structures in the past but could not really comprehend it until you shared your jail break system. I learnt a lot from you, PAMC, TraderRon and a few other traders here. Appreciate it.

PS. Still holding on to some trades I took before I came across your thread. Looking forward to a better start in 2020.
  • #2,874
  • Dec 4, 2019 1:14am Dec 4, 2019 1:14am
Quoting richy247
{quote} Im Long on this One...This pair wont just go up ... {image}
richy247 can you share this template file?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3488.jpg Size: 235 KB
  • #2,875
  • Dec 4, 2019 1:19am Dec 4, 2019 1:19am
EUR CAD


Scalping entry

Please comment for the set up.

Thanks for helping newbie
Attached Image (click to enlarge)
Click to Enlarge Name: ecad 100.jpg Size: 241 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,876
  • Dec 4, 2019 1:47am Dec 4, 2019 1:47am
Morning Guys...Trade well

NZDJPY reversal...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzjpyss.PNG Size: 308 KB
Click to Enlarge Name: nzdjpppi.PNG Size: 398 KB
  • #2,877
  • Dec 4, 2019 1:47am Dec 4, 2019 1:47am
Quoting thisara1
{quote} richy247 can you share this template file? {image}
let me see how it looks after...
Attached File(s)
File Type: tpl ................................0000CurrencyHeatMap.tpl   51 KB | 352 downloads
  • #2,878
  • Dec 4, 2019 1:49am Dec 4, 2019 1:49am
Usdchf on its second leg after a wegde let's see if it will break yesterdays low
  • #2,879
  • Dec 4, 2019 1:55am Dec 4, 2019 1:55am
Quoting richy247
Morning Guys...Trade well NZDJPY reversal... {image} {image}
morning . woke up to some nzd pips huh????
  • #2,880
  • Dec 4, 2019 2:05am Dec 4, 2019 2:05am
Quoting pamc
{quote} morning . woke up to some nzd pips huh????
Morning Pamc...Already in NZDCHF, EURCHF, EURJPY ,AUDCHF.......AUDJPY(Good but already it ADR)
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