The Jail Break System | Page 169 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Break Out + Pull Back & Pure Break Outs 59 replies

BB break + trendline break 24 replies

Looking for L > Break High Break Low Indicator 1 reply

A break below - A Break Above Question 1 reply

Attachments: The Jail Break System
Exit Attachments

The Jail Break System

  • #3,361
  • Dec 16, 2019 6:57am Dec 16, 2019 6:57am
Quoting billytt
Cable,,,, am Short, the 00-00 4 hour bar low broke. t 09-49
I closed my Cable short a long time ago.
we had a 100 range and the adr was a large range due to the UK Voting last week..

Dax, I am long and it is very quiet with a 60 range so far.i am still hopefully looking for 40/50 points, even if it retraces . lol
t 12-57
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,362
  • Dec 16, 2019 7:39am Dec 16, 2019 7:39am
Good morning everyone.
Patience, let the trade come to you.
  • #3,363
  • Dec 16, 2019 7:41am Dec 16, 2019 7:41am
Quoting PokerChip
Good morning everyone.
Morning/Afternoon PC...
  • #3,364
  • Dec 16, 2019 7:53am Dec 16, 2019 7:53am
Hello traders
I just wonder if there a chance for find someone just make expert advisor or auto trading that start with 20 pips take profit 5 point stop lose I just want to start with take profit and stop lose
  • #3,365
  • Dec 16, 2019 7:57am Dec 16, 2019 7:57am
Quoting PokerChip
Good morning everyone.
Good morning PokerChip,

Got out of your GBP/CAD with profits?
  • #3,366
  • Dec 16, 2019 8:07am Dec 16, 2019 8:07am
Quoting Kellytrade
{quote} Good morning PokerChip, Got out of your GBP/CAD with profits?
Ha, I'm still stuck.

It's going to be awhile until I'm out of GBP/CAD.
Patience, let the trade come to you.
  • #3,367
  • Dec 16, 2019 8:12am Dec 16, 2019 8:12am
I entered a couple of small sell GBP/CAD last Friday and caught some pips, but still holding on to some which entered much earlier.
  • #3,368
  • Dec 16, 2019 8:20am Dec 16, 2019 8:20am
Quoting Kellytrade
I entered a couple of small sell GBP/CAD last Friday and caught some pips, but still holding on to some which entered much earlier.
It's frustrating to say the least. Nothing that I can do about it.

It's down a little over 200 pips, so it's moving in the right direction.

Maybe by March I'll be in profit territory, ha ha.
Patience, let the trade come to you.
  • #3,369
  • Dec 16, 2019 8:23am Dec 16, 2019 8:23am
Quoting PokerChip
{quote} It's frustrating to say the least. Nothing that I can do about it. It's down a little over 200 pips, so it's moving in the right direction. Maybe by March I'll be in profit territory, ha ha.
Yes, nothing much we can do but exercise lots of patience. I'm in the same jail as you
  • #3,370
  • Dec 16, 2019 9:26am Dec 16, 2019 9:26am
GBP JPY


Newbie set up. High risk , low return set up


Do not follow the trade, you may lose your money.

It's for educational purposes only


Any comment and correction are wealcome.

Thank You
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj 112.jpg Size: 240 KB
Click to Enlarge Name: gj 113.jpg Size: 192 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,371
  • Dec 16, 2019 9:28am Dec 16, 2019 9:28am
Quoting Pat Chiko
GBP JPY Newbie set up. High risk , low return set up Do not follow the trade, you may lose your money. It's for educational purposes only Any comment and correction are wealcome. Thank You {image} {image}
A couple of nice charts.

Good levels.
Patience, let the trade come to you.
  • #3,372
  • Edited 10:13am Dec 16, 2019 9:37am | Edited 10:13am
Quoting PokerChip
{quote} A couple of nice charts. Good levels.

Good morning Mr. PokerChip Sir.

Moving forward with the Jail Break system, I now use Daily TF to mark all Jail level.

I am using H1 TF as to analyze the entry pattern ("M" or "W").

I am trying it on GBP pair/crosses, as GBP are the most challenging pair atm.

I got some other easy Jail break set up , but will not post in here, as many will find it easy to identify.

Hope by posting difficult set up , we will have good and solid educational value for this thread.

Thank you for your guide and comment on my trade set up posting
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,373
  • Dec 16, 2019 9:38am Dec 16, 2019 9:38am
Quoting billytt
{quote} I closed my Cable short a long time ago. we had a 100 range and the adr was a large range due to the UK Voting last week.. Dax, I am long and it is very quiet with a 60 range so far.i am still hopefully looking for 40/50 points, even if it retraces . lol t 12-57
Dax, High broke, went long and got the 40... (not greedy). plus girl friend was saying stop it, close it, blah blah , Christmas shopping time kerching. lol
trade well all.
t 15-38
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,374
  • Dec 16, 2019 9:44am Dec 16, 2019 9:44am
Quoting Pat Chiko
{quote} Good morning Mr. PokerChip Sir. Moving forward with the Jail Break system, I now use Daily TF to mark all Jail level. I am using H1 TF as to analyze the entry patter ("M" or "W"). I am trying it on GBP pair/crosses, as GBP are the most challenging pair atm. I got some other easy Jail break set up , but will not post in here, as many will find it easy to identify. Hope by posting difficult set up , we will have good and solid educational value for this thread. Thank you for your guide and comment on my trade set up posting
If the jail break system is going to be just as accurate on the daily chart like it is on the one hour chart it only makes sense to use it on the daily because its going to be 2 times more accurate than the one hour.

I really do like using the one hour chart and then drop down to the 15 minute chart for the action of trading from time to time.

I guess I never will grow up, ha.
Patience, let the trade come to you.
  • #3,375
  • Dec 16, 2019 10:34am Dec 16, 2019 10:34am
Quoting PokerChip
{quote} It's frustrating to say the least. Nothing that I can do about it. It's down a little over 200 pips, so it's moving in the right direction. Maybe by March I'll be in profit territory, ha ha.
Hi P, are you still trading that (so far) losing trade .
I mean are you trying to fix it?
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,376
  • Dec 16, 2019 10:39am Dec 16, 2019 10:39am
Quoting billytt
{quote} Hi P, are you still trading that (so far) losing trade . I mean are you trying to fix it? Trade well.
Yes, I will ride it out. I'm not going to close a losing trade.

I have the margin level to handle it. And the " MM " knows this.

So I have to wait, I should have closed it out when I was up slightly.

Born stubborn and I haven't changed yet, ha ha.
Patience, let the trade come to you.
  • #3,377
  • Dec 16, 2019 10:46am Dec 16, 2019 10:46am
EUR/GBP Daily Chart Reversal.

This chart represents a 1000 pip drop.
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbpi-d1-tw-corp-eur-gbp-daily-chart.png Size: 38 KB
Patience, let the trade come to you.
  • #3,378
  • Dec 16, 2019 10:53am Dec 16, 2019 10:53am
Quoting PokerChip
{quote} Yes, I will ride it out. I'm not going to close a losing trade. I have the margin level to handle it. And the " MM " knows this. So I have to wait, I should have closed it out when I was up slightly. Born stubborn and I haven't changed yet, ha ha.

Same here bud, I could never close a loser, that is why I started counter trade.
I hate to give anything to a Broker.

Having said that and without contradicting myself.
We are testing a couple of Hunt The Daily Range and doing so through an account I set up in my girl friends name. using small lots but I will close a loser, but we have such excellent stats to win, it is like giving money to charity. Hope you understand that.
trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,379
  • Dec 16, 2019 10:57am Dec 16, 2019 10:57am
Quoting Pat Chiko
{quote} Good morning Mr. PokerChip Sir. Moving forward with the Jail Break system, I now use Daily TF to mark all Jail level. I am using H1 TF as to analyze the entry pattern ("M" or "W"). I am trying it on GBP pair/crosses, as GBP are the most challenging pair atm. I got some other easy Jail break set up , but will not post in here, as many will find it easy to identify. Hope by posting difficult set up , we will have good and solid educational value for this thread. Thank you for your guide and comment on my trade set up posting
Very funny... If PokerChip didnt make it easy for Others(people like me and you) where do you think we gonna be?...Who says ANYTHING has to be hard before you get it?
  • #3,380
  • Dec 16, 2019 12:25pm Dec 16, 2019 12:25pm
Quoting billytt
{quote} Same here bud, I could never close a loser, that is why I started counter trade. I hate to give anything to a Broker. Having said that and without contradicting myself. We are testing a couple of Hunt The Daily Range and doing so through an account I set up in my girl friends name. using small lots but I will close a loser, but we have such excellent stats to win, it is like giving money to charity. Hope you understand that. trade well.
I agree and understand, I won't give in either.

I hope you're research pays off for you.

In the long run it's us against them.

Patience is a virtue.
Patience, let the trade come to you.
24 traders viewing now