The Jail Break System | Page 271 | Forex Factory

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The Jail Break System

  • #5,401
  • Jan 29, 2020 3:27pm Jan 29, 2020 3:27pm
EUR/CHF daily future chart.

Nice reversal.

This is how I see this pair.

Trade safe.
Attached Image (click to enlarge)
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Patience, let the trade come to you.
  • #5,402
  • Jan 29, 2020 3:38pm Jan 29, 2020 3:38pm
EUR/CHF 4 hour chart.
Attached Image (click to enlarge)
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Patience, let the trade come to you.
  • #5,403
  • Jan 29, 2020 3:43pm Jan 29, 2020 3:43pm
Quoting Leacher
By the way, if I may ask: when trading, where do you ppl trade from: - home - Cafe - office - gym - friends place - garage - park - others???
I trade from my home office.

I use a 42" monitor.

Easier on the eyes.
Patience, let the trade come to you.
  • #5,404
  • Jan 29, 2020 3:44pm Jan 29, 2020 3:44pm
Quoting prozor7
{quote} David's {image}
I wish I could get my wife to wear something like that.
Patience, let the trade come to you.
  • #5,405
  • Jan 29, 2020 3:46pm Jan 29, 2020 3:46pm
Quoting Celal
Hi Poker Chip, Are these levels right. I confuse first level because sometimes first two levels are nesting. {image}
Your levels look good.

Glad to see you using the line chart.

A lot easier to see the levels using the line chart.
Patience, let the trade come to you.
  • #5,406
  • Jan 29, 2020 3:53pm Jan 29, 2020 3:53pm
Quoting Leacher
AU: anyone? D1: R confirmed but candle is weak. A bit tricky, R may or may not hold today. H4: Not very convincing for Long or Short P.S: +ve: Gap Open, Weekly Support, Green CPI today -ve: CoronoaVirus, China GDP being revised Down Views plz? in Chart or otherwise?
AUD/USD 4 hour candle chart

AUD/USD 4 hour line chart

I don't trust the 4 hour chart for direction as much as the daily.

I think the 4 hour chart is tradeable though.
Attached Image(s) (click to enlarge)
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Patience, let the trade come to you.
  • #5,407
  • Jan 29, 2020 4:10pm Jan 29, 2020 4:10pm
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...
You're welcome, the longer you use the jail break system you'll start seeing the whole picture.

You'll understand why the market maker does when he does it.

When you sell a pair and suddenly the pair turns against you and starts to move up in a hurry is because the market maker is recruiting buyers.

You'll see these U turns on the 4 hour chart a lot. It's part of the market makers game.

He wants to confuse you and make you want to close out your trade.

This why I recommend the high margin.

And some day when that trade turns against you wait until you think he's done running it up away from you, 25-50 pips.

With the high margin that you have, double down and make that market maker pay.

He can only run it up or down so far.

In about 3 months you'll have a lot of confidence.
Patience, let the trade come to you.
  • #5,408
  • Jan 29, 2020 7:43pm Jan 29, 2020 7:43pm
Quoting PokerChip
USD/CAD 4 hour chart update. Almost to the 3rd level. {image}
Hi Mr. PokerChip.

Thank you for you chart set up.

Whenever I got your chart, I will study them to improve my newbie skill.

I redraw those level on my chart and look for detail set up for continuation or reversal.

Attach. my marked chart, based on those Jail level given earlier.

Thanks for your continuing effort to tech and helping us newbie here.

Any comment or correction are welcome here.

I pray to God, you may STRIKE OIL soon.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,409
  • Jan 29, 2020 8:04pm Jan 29, 2020 8:04pm
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}
Jail Break Signature set up


This is my newbie view only. Any comment are welcome. Thank you


Using Daily TF as direction.

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Using H4 TF to confirm pull back from the jail already complete

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Using H1 TF marking "smaller Jail". Draw "R" jail outside the "Main Jail".

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Using M15. To take the trade , with tiny drawdown and the lowest risk possible.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,410
  • Jan 29, 2020 9:36pm Jan 29, 2020 9:36pm
Hi Poker Chip,
Thank you very much.
  • #5,411
  • Jan 29, 2020 10:20pm Jan 29, 2020 10:20pm
Hi Pat Chiko,
I hope you are well, I'm loking to your chart; Why the box I'm pointing at, isn't a level,please explain me. I change the bar to line but I confuse. There is probably something I don't know. May be because of this level is too close to R. Thanks.
Attached Image
  • #5,412
  • Jan 29, 2020 10:38pm Jan 29, 2020 10:38pm
Quoting PokerChip
{quote} You're welcome, the longer you use the jail break system you'll start seeing the whole picture. You'll understand why the market maker does when he does it. When you sell a pair and suddenly the pair turns against you and starts to move up in a hurry is because the market maker is recruiting buyers. You'll see these U turns on the 4 hour chart a lot. It's part of the market makers game. He wants to confuse you and make you want to close out your trade. This why I recommend the high margin. And some day when that trade turns against you wait...

Hi Poker,what would be best money management on this strategy i numbers let say with 10K account.Size of the position,risk per trade(RPT), etc,etc Leverage is not important.
Whether you think you can, or you think you can't,you're right. H.F.
  • #5,413
  • Jan 29, 2020 10:39pm Jan 29, 2020 10:39pm
Celal I know you are not asking me, but I'm just making a suggestion so Chiko can put us both straight (just want to join in really)

I'm thinking the drop to a level needs to be a break out.
Good Trading
  • #5,414
  • Jan 29, 2020 10:40pm Jan 29, 2020 10:40pm
Quoting PokerChip
{quote} I wish I could get my wife to wear something like that.
speechless, lol.
laughing so much here.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,415
  • Jan 29, 2020 10:43pm Jan 29, 2020 10:43pm
morning all from a damp cottage in the forest. UK south coast.

00-00 4 hour break.
Dax, big range so we are leaving it.
Cable, short.
ftse, leaving it.
usd/chf short .<<<<<<<< a main trade .
gbp/chf short

Trade well all.
t 06-43 uk time.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,416
  • Jan 29, 2020 11:33pm Jan 29, 2020 11:33pm
Quoting billytt
morning all from a damp cottage in the forest. UK south coast. ...
morning to all

everything is well with the knee I hope
Forex can only be understood backwards, but it must be traded forwards.
  • #5,417
  • Jan 29, 2020 11:38pm Jan 29, 2020 11:38pm
dax, I left due to a big range 93, and adr 152.
so far would of made 40....
its ok saying after the fact but we must realise,if the trade went bad it would be difficult to fix.
I trade dax, ftse, gbp/chf on my gf's account which is relatively small, and obviously I will need a massive margin and even bigger when trading a failed Trade.
ftse would of made 40 lol.
anyway, that is why I don't trade those pairs/dax with big range.

whereas we have Cable and usd/chf those are in my account.
still the same though, I am reluctant to trade big ranges....
Trade well all.
t 07-38
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,418
  • Jan 29, 2020 11:40pm Jan 29, 2020 11:40pm
Quoting prozor7
{quote} morning to all everything is well with the knee I hope
Morning P, hope all is well.
it hurts as I type, lol.
these injuries take ages to heal. I do believe it is getting better though.
Trade well, have a good point day.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,419
  • Jan 29, 2020 11:44pm Jan 29, 2020 11:44pm
my main trade so far usd/chf I have closed with 5%.
I do have a secondary trade running with a small lot.
t 07-43
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,420
  • Jan 29, 2020 11:46pm Jan 29, 2020 11:46pm
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}

EUR AUD


About to hit my target soon before LO.

Look at the retail trader trying to short this pair.

Jail breaker method identified the set up efficiently.

Thanks to Mr.PokerChip for helping Newbie like me.

Attached Image (click to enlarge)
Click to Enlarge Name: ea 113.jpg Size: 430 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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