The Jail Break System

Good morning Pat.

Nice chart, you're charts always look better than my charts.

And thank you, my timing usually is bad.

A broken clock is right 2 times a day, ha.

I'm finally in the profit for GBP/CAD.

Will see how my USD/JPY trade goes.

Hello Everyone,
This is the jail break system formula that I use for the daily chart only.

The jail break system begins with a reversal to either the low side or the high side.

I recommend using the daily chart and then drop down to the 4 hour chart for the entry. The daily chart is for direction of any currency pair and is very accurate.

(In this reversal I will be talking about a pair that is going to be moving higher).

The blue box area can be seen easily by the railroad tracks it leaves behind.

The blue box area is a accumulation area for the market maker, these levels will be the blue box area.

After the reversal there will be three levels then another reversal.

There can be from one to four candles on the daily chart to make a reversal. These reverse candles are normally 30-100 pips long on average.

After a reversal has happened at the bottom of the daily chart, a pair will move up to the first level (the box blue area), the first level can be well over 100 pips away from the bottom of the reversal. This first level can be seen by the railroad tracks it leaves and there could be as many as 5-8 daily candles at this first level. Usually there are 2 passes through the first level.

After the first level has been established the pair will make a fake move to the low side at least 65% of the time (these are fake moves the market maker makes to make you close your trade and trap traders) these candles could pass through the box area and return to the box area 1-2 times over a period of 5-14 daily candles. After the pair has passed through the first level 1-2 times it will push up to the second level over a period of 5-7 daily candles. The space between first level and second level can be from 50-150 pips away from each other.

Now this pair is at the second level now (the blue box area). And the process repeats itself again only now more time is spent at the second level compared to the first level. You'll be looking at a minimum of 15-22 daily candles at or around the second level box until passes the (blue box area). There could be 5-7 passes through the blue box area before it moves above the second level box moving to the third level.

On average it will take 3-4 daily candles to move up to the third level. After establishing the third level (the blue box area) there could be 5-7 passes through the blue box area. These 5-7 passes through the blue box area could last for 20-35 days. It just depends how many traders the market maker can trap. After spending all these days at the third level, it usually takes 3-4 candles to move up to the reversal area.

Once a reversal has happened the process starts all over again and the pair reverses course to the other direction and the pair begins to move lower after about 1-4 candles. About 50% of the time when a pair reverses course it will have a single candle wick at the top or bottom.

Poker Chip

Dow 30 Daily Chart

If I'm right which is rare, I think it will leave the blue box in 1-2 days.

CAD JPY


Hi Mr. PokerChip.

I used two time frame to trade using Jailbreak system

The two chart here, Daily TF and H1 TF as to demonstrate how I took the trade and the exit.

Since my stop is tiny (<30 pips), my entry are base on H1 TF.

My exit is normally when Daily TF and H1 TF aligned to each other.

The big Jail ( Daily TF) will guide me direction.

The small jail (H1) help getting me low risk entry (small drawdown) .

Thank you for sharing this system.

I adjust it to my trading style with small SL ( typical newbie)

Thanks again and may God blessed you & family

EUR/JPY Daily Chart Update.

I look for this pair to start moving up to the 3rd level.

EUR USD

Original entry was on 13th Dec, 2019 ( link above)

Since I cannot find & marked jail on Daily TF Chart, I used H4 TF instead to find the entry.

At the same time , using Weekly TL to spot the rejection area helps determine the entry.

This is not perfect set up, but will improve with practice.

Those are some very nice trades.

These trades are hard to do on the EUR/USD.

You are no newbie, ha ha.

Beautifully done Pat....Nice idea to idea into finding the JAILBREAK is the TrendLine interception....Try joining the Moving Average+TrendLine you perfectly get the Jailbreak...

PC...I hope this will help in coding the EA into Spotting the JAILBEAK

We all know Pat isnt Newbie....

hi guys. Hope all is well. Just pop in and out .Gj heading for 140.100 and gu for 129.200/100 area

Interesting you mentioned that, I have a experienced coder working on the jail break EA.

I have sent him everything to help him with the levels.

We shall see what he comes up with.

I've seen some of his EA'S, they're not bad either.

By the way I'll be gone probably the rest of the day.

Talk to you tomorrow.

Trade safe.

''ME TOOOOO!!!'' But I am Greek though...

Hi Pamc...Thanks for the Info....

check out the 4hr on both. its the mid of the accum zone previous. . also massive sl's just below

Gonna let it pull back a little more before getting in ...

i amalready in ages ago but yeh just a little pull back and get in
edit GBPJPY TP @ 141.100 not 140.100. not wearing my glasses

Thanks Again ...Ready for Xmas?

When are you closing for the Year ?

ready. still holidaying. be back in Riga Monday for the family events. closing???

also like the look of USDJPY sell down to 108.500/400

Yep Already in USDJPY...

Its crazy weather here in London ,Raining for the past 3-4 days non stop...If not for my friends wedding would be nice to go out of the country till New year..

I mean when will you stop trading for the Year