The Jail Break System

the whole of the middle east and med sea are close to boiling over, with Turkeys expansionism moves all around. Now you know why they wanted the S400's.

gotta go. catch you all later

Rocket exchange...basically war....YEN all the way ...

West Texas Oil moving up in a hurry now, game on.

PokerChip this why i dont like leaving trades on at this time ..SO much shit going on...

Morning all from UK in the forest.
Cable, 00-00 4 hour bar break I am Long.

Dax , the range is too big so I might trade off the 04-00 4 hr bar and the same with Ftse, big range .
Trade well all.
t 07-20

Hi mate,

This will eventually affect more on Gold, Oil and CAD pairs.

As for NZD pairs keeps hovering around the same price level range. Interesting to check them out.

Hİ PokerChip,
I'm reading your trade from the begining. I want to ask something. When the candle breaks the box, if it's the false break or down side move that will go lower,you look to the H4 chart if it breaks the lowest candle close. Are you waiting the H4 candle to close? If you wait,it can go down more and more in 3-4 hours. If you don't wait to close, ıt can turn against you, how do you sell? And how do you take profit ? Do you wait until new contraction area or take profit 10 or 20, or 50 pips. Thank you for your help..

Mornign Ron...Nice profit as usual....Affect CAD and Oil can you explain more please ...Affect in Short or Long ?

Most likely will be strong on Gold and Oil..
CAD pairs are correlated with oil. Sometimes it’s good to know some political news as a trader.. and if you know how to read the news and trade with price action will be excellent. Because nowadays news headlines really affect the currency and stocks market. I could be wrong but this is the facts.

I think for those are trading without STOPS think It is good to put stop loss with this market situation because there are so many risks factor going on and could see some spikes here and there while we are sleeping..

I guess its SL hunt season for the MM.......

talk about Sl, i like PC and RON dont use em, but yesterday placed 30-35pip sl on all my trades and ended up getting hit on 4 of my 9 trades and then seeing them rocket away in my direction. sod that.

WoW....Sorry about that ...I hope its not too much ....

Is ok buddy. We can always take it back. We just need to find one solid AAA setup for 1 pair and you’ll take them back. I have input my STOPS only when in profits and locked it for 1 pip or I will manually close them when it reaches my equity percentage.

sorry to hear that bud, Been there done it. Come the Revolution.

it has been a really odd day, I think mainly due to the big ranges before I woke up.
I am awake most of the time.
Had a decent day though, the more I look at it the more I think it was luck, lol,
((being honest))

Good morning everyone.

Welcome Celal,
The way I use the jail break system is to wait until you have a reversal. The reversal could happen after a pair runs up 300+ pips or drops 300+ pips. The reversal is the very best place for you're entry to sell or buy. I would recommend that you use the daily chart, then you can drop down to the 4 hour or even the 1 hour chart for you're entry. When a pair runs up to the 1st level most of the time the pair will drop 25%-50%, you can see this easily on the 4 hour chart. You'll see railroad tracks, this is the 1st level. Then the pair could run up past the 1st level then drop back down below the 1st level. The 1st will normally last 5-7 days on the daily chart. And these runs up and down through the 1st level box could happen 5-7 times on the 4 hour chart and even more on the 1 hour chart. So say if you had a reversal and that pair ran up which would be a (buy entry) and established the 1st level by seeing the railroad tracks you can wait until that pair drops below the box 25%-50% and place you're buy entry and wait for it to run up on the 4 hour chart and 1 hour chart. When you feel that it has went as high as possible then close the trade and let the pair drop again. In this case since its a buy you always want to be a buyer because you want to trade with the market maker " MM ". Always look for these pairs to drop off then place you're buy entry, (never buy at the top of the box) once the " MM " has enough sellers trapped below the box he will push the pair up, that's how he makes his profit (by trapping). Here's the rules, when a pair has had a reversal if its a sell you always want to be a seller, and when you're a seller you sell above the box. If you had a reversal and you're a buyer you always want to be a buyer and you always buy below the box. We use the daily chart for direction, and we use the 4 hour or 1 hour for the entry. If you follow these rules you'll be trading with the " MM " and that's the way you trade using the jail break system. If you have any other questions just let me know, I'm here to help.

Poker Chip