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The Jail Break System

  • #5,381
  • Jan 29, 2020 8:33am Jan 29, 2020 8:33am
FOMC minutes
I found this great article by Kathy Lien
3 Questions for the Fed
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Forex can only be understood backwards, but it must be traded forwards.
  • #5,382
  • Jan 29, 2020 9:32am Jan 29, 2020 9:32am
Quoting Pat Chiko
EUR AUD This is my Newbie view for this pair. It may be opposite position taken by many of you here. Appreciate if anyone can comment and view my set up and entry. This is pre-FOMC trade, quick scalping for few hours to target Thank You {image}

EUR AUD


Jail Breaker Signature Set Up.

Follow the Market Maker footprint. It is in the chart.

Wait for seller to come in and get trapped.

Pumping higher to take out SL above.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,383
  • Jan 29, 2020 9:57am Jan 29, 2020 9:57am
Quoting Pat Chiko
{quote} EUR AUD Jail Breaker Signature Set Up. ...{image}
very nice performance

Forex can only be understood backwards, but it must be traded forwards.
  • #5,384
  • Jan 29, 2020 9:57am Jan 29, 2020 9:57am
Quoting Pat Chiko
{quote} EUR AUD Jail Breaker Signature Set Up. Follow the Market Maker footprint. It is in the chart. Wait for seller to come in and get trapped. Pumping higher to take out SL above. {image}
Nice Call.

im in DD. Manageable. Fishnet is spread till 6350.
Time & Price Forecast - Jenkins
  • #5,385
  • Jan 29, 2020 10:05am Jan 29, 2020 10:05am
Quoting Leacher
USDCAD is Tricky D1 is POTENTIAL "R" Not confirmed Yet H4 Nice R Head Confirmed Maybe waiting for FOMC today trade with caution wont trade this today D1 Targets for Short and potential R (1.3225-60 Zone)
ahaaa...exactly what I thought..it’s happening...taken out yesterday’s Faky R. Hats off to Pocker for this me method.
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Time & Price Forecast - Jenkins
  • #5,386
  • Jan 29, 2020 10:12am Jan 29, 2020 10:12am
Quoting Leacher
Key Takeaways from this Thread Special thanks to PokerChip for sharing his method. RON, Prozor, Billy, Kruspe and all others My Results Improved many folds since using: - D1/H4 Charts - Applying R-1-2-3 Model (Still Learning) - NAKED CHARTS - Disregarding basic economic calendar. Only RED events I take care of to reduce Risk exposure. - Proper Lot sizing, as PC suggested with a 10K account no more than 0.50 lots/pair. This is a game changer for me. small lots spread over the buy/sell zone with a max ceiling pays off massively. Trade goes against...

Hi leacher, could you elaborate little bit more on you money management on 10K account?
Whether you think you can, or you think you can't,you're right. H.F.
  • #5,387
  • Jan 29, 2020 10:22am Jan 29, 2020 10:22am
fakeout?
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who dares wins
mashFX DSRII Return This Year: na
  • #5,388
  • Jan 29, 2020 10:24am Jan 29, 2020 10:24am
USD JPY


I'm thinking to short this pair.

Any comments and ideas are welcome for educational purposes.


NOTE : This is not trade signal. Please don't use it to trade coz I'm Newbie



Thank you
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,389
  • Jan 29, 2020 10:26am Jan 29, 2020 10:26am
Quoting Pat Chiko
USD JPY I'm thinking to short this pair. Any comments and ideas are welcome for educational purposes. NOTE : This is not trade signal. Please don't use it to trade coz I'm Newbie Thank you {image}
Decent fake out upwards, can use a sell stop to trigger the trade riding the momentum downwards.
  • #5,390
  • Jan 29, 2020 10:47am Jan 29, 2020 10:47am
Quoting Pat Chiko
USD JPY I'm thinking to short this pair. Any comments and ideas are welcome for educational purposes. NOTE : This is not trade signal. Please don't use it to trade coz I'm Newbie Thank you {image}
I though it bounced and aiming 100pips to the upside
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who dares wins
mashFX DSRII Return This Year: na
  • #5,391
  • Jan 29, 2020 11:10am Jan 29, 2020 11:10am
USD/CAD 4 hour chart update.

Almost to the 3rd level.
Attached Image (click to enlarge)
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Patience, let the trade come to you.
  • #5,392
  • Jan 29, 2020 11:16am Jan 29, 2020 11:16am
GBP/CAD daily chart update.
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Patience, let the trade come to you.
  • #5,393
  • Jan 29, 2020 11:24am Jan 29, 2020 11:24am
GBP/USD 4 hour chart update.

You see the latest green candle ?

You want to see that green candle because no the " MM " can trap them and push it down more.
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Patience, let the trade come to you.
  • #5,394
  • Jan 29, 2020 11:50am Jan 29, 2020 11:50am
Quoting Leacher
{quote} Hi Poker miss your presence good luck with your business trip hope to see you soon here
Hello Leacher,

Thank you for the heart felt message.

I had a very good meeting, your luck came through.

I'll fill everyone in after the seismic truck test results come back.

They have to run one mile of cable on top of the ground for the seismic truck to thump the ground, then they listen for the sound waves.

That tells them how much oil is below in the ground.

Now we wait for the seismic truck to arrive.

Poker Chip
Patience, let the trade come to you.
  • #5,395
  • Jan 29, 2020 12:13pm Jan 29, 2020 12:13pm
Quoting PokerChip
{quote} Hello Leacher, Thank you for the heart felt message. I had a very good meeting, your luck came through. I'll fill everyone in after the seismic truck test results come back. They have to run one mile of cable on top of the ground for the seismic truck to thump the ground, then they listen for the sound waves. That tells them how much oil is below in the ground. Now we wait for the seismic truck to arrive. Poker Chip

I smell oil!!!$$$$$$
  • #5,396
  • Jan 29, 2020 12:43pm Jan 29, 2020 12:43pm
Quoting pamc
{quote} I smell oil!!!$$$$$$
We shall see.
Patience, let the trade come to you.
  • #5,397
  • Jan 29, 2020 2:58pm Jan 29, 2020 2:58pm
GBP/JPY daily chart.
Attached Image (click to enlarge)
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Patience, let the trade come to you.
  • #5,398
  • Jan 29, 2020 3:07pm Jan 29, 2020 3:07pm
Quoting PokerChip
GBP/JPY daily chart. {image}
I rather stay away from GBP pairs this week.. I agree, almost all charts are screaming to sell GBP... anyway, let's wait and start next week
  • #5,399
  • Jan 29, 2020 3:10pm Jan 29, 2020 3:10pm
Quoting Kruspe
{quote} I rather stay away from GBP pairs this week.. I agree, almost all charts are screaming to sell GBP... anyway, let's wait and start next week
I only trade on what I see.
Patience, let the trade come to you.
  • #5,400
  • Jan 29, 2020 3:45pm Jan 29, 2020 3:45pm
Quoting Kruspe
{quote} EURCHF reversal is coming very soon, I agree. I would like to see some price action confirmation as "W", or a couple of H4 bar candles with pins at least. I also keep an eye on 2017 low. Let's buy the first position now and be ready to enter the second position a bit lower for a better price Thanks K. {image}
I should be careful what I wish for... I guess
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