The Jail Break System | Page 263 | 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

  • #5,241
  • Jan 28, 2020 10:25am Jan 28, 2020 10:25am
[quote=Pat Chiko;12725551]WEEKLY PRICE MOVEMENTS The weekly pattern does not imply the use of a weekly time frame (WTF). It refers to the pattern that is seen in a 15, 60 or 240 minute chart over a period of a week.
Thank you Pat, Great chart and info, this is great stuff very interesting.
  • #5,242
  • Jan 28, 2020 10:29am Jan 28, 2020 10:29am
Quoting Kruspe
{quote} Nice trade PokerChip Let's take a look at NZD pairs.. NZDCAD (leaving from 1st level to 2nd) NZDUSD (creating 2nd level) NZDCHF (creating 3rd level) There is approx 90% correlation between these pairs EURNZD (slowly leaving 1st level to 2nd.) {image} {image} {image} {image}
I'm impressed, you really have the jail break system figured out.

Some traders struggle at first, your a natural.

I'm glad your having fun and making a profit.

That's what it's all about.

Nice charts too.
Patience, let the trade come to you.
  • #5,243
  • Jan 28, 2020 10:37am Jan 28, 2020 10:37am
I'm just curious.

Does any trader here feel bad after making a profit from the market maker ?
Patience, let the trade come to you.
  • #5,244
  • Jan 28, 2020 10:44am Jan 28, 2020 10:44am
Quoting PokerChip
I'm just curious. Does any trader here feel bad after making a profit from the market maker ?
the MM or Forex in general.
If it wasn't for forex I wouldn't be retired, they supplied me with ££££££..

With MM , once you realise how the game is played ,you play by their rules.
Same as being in control of a loaded dice (or is it die).
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,245
  • Jan 28, 2020 10:46am Jan 28, 2020 10:46am
Quoting billytt
{quote} the MM or Forex in general. If it wasn't for forex I wouldn't be retired, they supplied me with ££££££.. With MM , once you realise how the game is played ,you play by their rules. Same as being in control of a loaded dice (or is it die).
Ha, I agree it's a lot more fun now days after you know how the game is played.
Patience, let the trade come to you.
  • #5,246
  • Jan 28, 2020 10:49am Jan 28, 2020 10:49am
Quoting PokerChip
I'm just curious. Does any trader here feel bad after making a profit from the market maker ?
OR, have you ever had condolences off a broker when you lost money to them. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,247
  • Jan 28, 2020 10:53am Jan 28, 2020 10:53am
Quoting PokerChip
{quote} Ha, I agree it's a lot more fun now days after you know how the game is played.
seriously bud, I answer this as easy as I can.
one day last week I and my helper was trading and we were bored.... win win bloody win.
I trade for 2 people, one of whom I haven't seen for months and months. we trial a couple of pairs, and sometimes I trade for myself, like last week, I bought my gf a mobile home (massive caravan)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,248
  • Jan 28, 2020 11:11am Jan 28, 2020 11:11am
Quoting billytt
{quote} OR, have you ever had condolences off a broker when you lost money to them. lol
Nope, ha ha I don't think that will ever happen.
Patience, let the trade come to you.
  • #5,249
  • Jan 28, 2020 11:13am Jan 28, 2020 11:13am
Quoting billytt
{quote} seriously bud, I answer this as easy as I can. one day last week I and my helper was trading and we were bored.... win win bloody win. I trade for 2 people, one of whom I haven't seen for months and months. we trial a couple of pairs, and sometimes I trade for myself, like last week, I bought my gf a mobile home (massive caravan)
Wow, that's cool.

Hopefully gasoline or diesel will stay low for now.
Patience, let the trade come to you.
  • #5,250
  • Jan 28, 2020 11:16am Jan 28, 2020 11:16am
Hello PokerChip.

Just want to say thanks again to all the chatter on here.
Had a drawdown (10%) on EURNZD last Friday. It all righted itself yesterday thanks to the confidence you all gave me to stay in - the Euro was going to head north and it did.
Also, had a good profit this morning on EURGBP long.

I'll keep on the sidelines and watch and learn how you all profit.

Kind regards, N
  • #5,251
  • Jan 28, 2020 11:16am Jan 28, 2020 11:16am
Quoting PokerChip
{quote} Wow, that's cool. Hopefully gasoline or diesel will stay low for now.
it is static, they have wheels for some reason and you move them on a low loader. I bought her one last year on the isle of white.
If it did move it would be electric lol,
we all move onto electric and shut the arabs down. Will have to think of how to work the power stations though , nuclear I reckon, or do it in space and cable electric down.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,252
  • Jan 28, 2020 11:17am Jan 28, 2020 11:17am
Quoting PokerChip
I'm just curious. Does any trader here feel bad after making a profit from the market maker ?

We are trading with Market Maker. (following them closely)

With Jail Break Method, we are able to identify the patterns and strategies that MM’s use to play the game and to the ‘piggy back’ with them rather than attempt to trade against them

We are trading against Retail Trader.

I feel bad taking money from retail trader coz MM makes money.

Don't blame me, I'm newbie

Mr. PokerChip show me this method. ( he's responsible for the retail trader's losses)
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,253
  • Jan 28, 2020 11:19am Jan 28, 2020 11:19am
Oh meant to say, and last time I speak like this.
when I have a first part Fail Trade and I fix it, it is frightening watching the money involved.
It isn't all rosy .. my gf nearly threw up a while ago, thought it was play money. lol..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,254
  • Jan 28, 2020 11:23am Jan 28, 2020 11:23am
Quoting Pat Chiko
{quote} We are trading with Market Maker. (following them closely) With Jail Break Method, we are able to identify the patterns and strategies that MM’s use to play the game and to the ‘piggy back’ with them rather than attempt to trade against them We are trading against Retail Trader. I feel bad taking money from retail trader coz MM makes money. Don't blame me, I'm newbie Mr. PokerChip show me this method. ( he's responsible for the retail trader's losses)
lol, you are sooooooo funny but correct.
Your (Mr P's jail break) is like my 00-00 4 hour area.
we have break out and I look for x amount of points/pips. you guys normally call this a FAKEY. (I do not have this words in my vocabulary) it is a money maker. Then ewe have the opposite break, this is were jail breakers go, Going to the next level, whereas I hunt the daily range (part o0f it).
I am following the MM, Fakey and Real) we are similar.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,255
  • Jan 28, 2020 11:30am Jan 28, 2020 11:30am
Quoting Northumbrian
Hello PokerChip. Just want to say thanks again to all the chatter on here. Had a drawdown (10%) on EURNZD last Friday. It all righted itself yesterday thanks to the confidence you all gave me to stay in - the Euro was going to head north and it did. Also, had a good profit this morning on EURGBP long. I'll keep on the sidelines and watch and learn how you all profit. Kind regards, N
Hi N, dont be shy! introduce yourself and feel free to ask questions of everybody/anybody in here. Its a great bunch.
  • #5,256
  • Jan 28, 2020 11:33am Jan 28, 2020 11:33am
Quoting Northumbrian
Hello PokerChip. Just want to say thanks again to all the chatter on here. Had a drawdown (10%) on EURNZD last Friday. It all righted itself yesterday thanks to the confidence you all gave me to stay in - the Euro was going to head north and it did. Also, had a good profit this morning on EURGBP long. I'll keep on the sidelines and watch and learn how you all profit. Kind regards, N
That's good you stayed in there.

Just remember this, when you see any trade turn against you.

That's the market maker recruiting weak traders, and he's trying to get you to close your trade.

When the market maker has enough traders trapped he'll take the trade and turn it around to go your way.
Patience, let the trade come to you.
  • #5,257
  • Jan 28, 2020 11:35am Jan 28, 2020 11:35am
1)The rest of you buddies, sorry ain't been around much. Father in law pretty poorly with prostate and heart surgeries needed.
2) Good to see the group growing with good trading and new ones learning so fast.
3) entered a GBP AUD sell earlier today. Its got a long way to go down. Hop on at value if you want
  • #5,258
  • Jan 28, 2020 11:35am Jan 28, 2020 11:35am
Quoting billytt
{quote} lol, you are sooooooo funny but correct. Your (Mr P's jail break) is like my 00-00 4 hour area. we have break out and I look for x amount of points/pips. you guys normally call this a FAKEY. (I do not have this words in my vocabulary) it is a money maker. Then ewe have the opposite break, this is were jail breakers go, Going to the next level, whereas I hunt the daily range (part o0f it). I am following the MM, Fakey and Real) we are similar.
It sounds very similar in trading.
Patience, let the trade come to you.
  • #5,259
  • Jan 28, 2020 11:37am Jan 28, 2020 11:37am
Quoting pamc
1)The rest of you buddies, sorry ain't been around much. Father in law pretty poorly with prostate and heart surgeries needed. 2) Good to see the group growing with good trading and new ones learning so fast. 3) entered a GBP AUD sell earlier today. Its got a long way to go down. Hop on at value if you want
PAMC,
I hope your father in law pulls through. I'll say a prayer for him tonight. I lost my father in law 3 years ago.

Poker Chip
Patience, let the trade come to you.
  • #5,260
  • Jan 28, 2020 11:53am Jan 28, 2020 11:53am
Quoting PokerChip
{quote} PAMC, I hope your father in law pulls through. I'll say a prayer for him tonight. I lost my father in law 3 years ago. Poker Chip
Thanks PC. Its not just worrying about him but also about the MIL too. How she copes with the anxiety for her husband and for the future.
5 traders viewing now