The Jail Break System

Have a great weekend Billytt.

Hi Celal, a better way to help you is if you post a series of your losing entries. Post them zoomed out so we can see structure and mark entries and exits.
Do that today and that will give us time over the weekend to check and get back to you. Don't be embarrassed to ask for post your charts. Its the best way.

Hey guys,

Signing off here and see you guys soon.......

Happy weekend all.

... this forex google

see ya mate. is the truck big enough? don't forget to give the guards a decent tip

Have a great weekend Trader Ron.

What i feel MIGHT happen next week...A nice Roll-Up and dump...Or just Dump... look at all the Yen pair...

Happy weekend Guys ..

I took a look at CHF/JPY, I think this pair is still moving up.
I took a look at CAD/JPY, I think it's in a reversal now.
I took a look at NZD/JPY, I think it's in a reversal now.
I took a look at AUD/JPY, I think its still moving up.
I took a look at EUR/JPY, I think its still moving up.

NZD/USD daily chart update.

This pair has been at the 1st level for 8 days.

I look for this pair to break out of the blue box and find its 2nd lower level soon.

Awesome noted

Now we wait and see if I am accurate or not.

And Trader Ron is going to need a bigger Brinks truck.

USD/SEK daily chart update

Moving up to the 1st level.

Hey guys,

Something to share over the weekends.

Many new traders still think they'll make it by reading strategy rules on a site or watching a YouTube video.
It’s simply not enough. We have to test it, experience it, fail and then learn from it.
Ever met a person who learned how to fly using only the aircraft manual?
Exactly.

Enjoy your weekends and see you guys soon........

Hey there TraderR0N,

I have been following closely with this thread and appreciate all the information shared, currently on pg 57 and still a ways to go. I'm also from Singapore and would love to connect and pick a little of your brain. Every post is gold from PokerChip, TraderR0N and pamc.

Have a good sunday ahead, cheers!

Regards,
l99r

Hi l99r,

Welcome to this thread and thank you for your kind words.
Yeah.. Great from Singapore. You can always PM me if you would love to connect.

Happy weekend.

Note: Hopefully everyone is having a great weekend, or had a great weekend.

I would to again like to talk about these 3 levels to new traders that want to use the jail break system.
First off the very best entry is at the reversal, it doesn't get any better than that. When is the reversal ? normally anywhere from 350-1000 pips, It depends on the pair. If you've missed the reversal and a pair has began building the 1st level, and if a pair is moving up and so you know the direction
which critical, you want to buy at the bottom of the box or better yet below the box. If you have 3 days of candles
on the daily chart at the 1st level, draw the box from the bottom of the 1st candle and up and over to the right this will give you a good idea of where you can place your next entry. Most of the time you'll have 1 or 2 wicks that will be below the box. If you can get
a entry into one of these wicks that's more than likely going to be a really good trade. Remember were trading with
the " MM " so he's going to push this pair up just as soon as he has enough sellers trapped at the bottom or below the box.
And this can and will be repeated by the " MM " at the 1st level probably 5-7 times on the daily chart passing up and down through the box and 4 times that on the 4 hour chart. Don't get caught doing a counter trade (sell) at the bottom of the box for 10 pips, it's not worth it. You'll lose money. Take it from me, I tried this and I lost money. If you want to do a counter trade place the trade above the box or at the top of the box in the early stage of the " MM " when he's building the level. If you do it late he might have enough traders trapped you might end up being one of the casualties.

Now on the daily chart the 2nd level is going to last at least 10 days and as many as 22 days on average. Trade
just like you did at the first stage, the range at the 2nd stage opens way up compared to the 1st stage because the " MM " is trapping or recruiting like a mad man. This is where you can make a lot of profit if the don't buy to soon. Let the " MM " push the price down anywhere from 50-75 pips below the bottom of the box. If you buy to soon you'll have to wait for the " MM " where you placed your entry and this could take days or a week or more, I'm guilty of this myself. Remember if you are stuck in a trade in a pair you have to wait on the " MM " to come back to you. If you have the margin and he's 50-75 pips or more below you, place another buy entry and punish the " MM ", make him pay for trapping you. The " MM " wants to bust you, he wants your account. That's how he makes a profit.

The 3rd level will be similar to the 2nd level but you'll not see as much liquidity as you see in the 2nd level. The " MM " is preparing for the reversal and he's out to trap buyers now. So again when you place a buy trade make sure it's early in the box. If you want to do a counter trade which is a sell make sure it's very late and at the top of the box. So if he reverses you'll be going the correct direction right along with the " MM ".
Before I started this thread I was on top of my trading, that's all I did was trade. I had no questions being asked or distractions. When you can concentrate 100% of your energy you can be as good as any trader. I once traded 23 straight days without have a loss or getting stuck.
It was at the time I had a Oanda account and a employee at Oanda more than likely the account manager (the enemy) called me and told me that I was not staying in my trades long enough. I ask him how long do you recommend that I stay in my trades ? and he said for days, I said days ? How's that, I would get whip sawed in half. I ended up saying to him, I don't tell you how to trade so don't tell me how to trade, have a nice day. I closed my Oanda account two day later.

So this is how I try to trade. It's not perfect and I'm not a perfect trader but I try to trade perfect on every trade I make. Make every trade like it's your last trade.

Poker Chip

Hi buddy.

Brilliant post. I had a good read and a good laugh especially the Oanda employee part.

There won’t be perfect trades all the times and no one can be a perfect trader because there is no guaranteed moves. Ha ha..

Have a great weekend too.

Hey guys,

Some heads up for the week ahead with so many important news, speech especially EUR, CAD and JPY pairs.

What I have predicted is that ‘MM’ have push most EUR pairs to the bottom and it’s time to see some bullish pullback for EUR pairs early this week and probably get dump after the ECB or if EUR data are strong.

Pairs I will be watching EURAUD, EURNZD, EURUSD EURCAD, EURJPY ans EURGBP.

Start your engine......and make some money

Hi Guys, I hope you are all well and buzzing.
Here is another nugget from me. Recently I try to trade as much as possible with positive swaps backing me up so as not to compound drawdown, and to add to profitable trades. For those that are not aware how to determine if a pair is+ or - swap below is a chart for some pairs and info to determine the rest. Hope it helps.

lot of gold nuggets in that post
esp about not getting caught in reversal trades at wrong time