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The Jail Break System

  • #5,761
  • Feb 3, 2020 12:36pm Feb 3, 2020 12:36pm
Quoting pamc
This is especially for Princiano who got himself in a mess with EUR AUD, and is from Fractal Freak. One of the greats in my opinion. AU will take the 0.66826, undershoot it and then do a big move up... EU will go back up...... So EA will first go up from here but then turn down as soon as AU moves up..... However, since EU could have more momentum then AU, EA could re-test the high and clean the DM shorties stop clouds there... So dangerous...

Thank You! All i have to do is just exercise some patience
  • #5,762
  • Feb 3, 2020 12:44pm Feb 3, 2020 12:44pm
HI guys, just an update on the father in law. He had heart surgery and they took out a whopping 'polypod'. he is 83 and was colourless, pure white prior. now already the colour back in his cheeks and eyes brighter with natural colour. Very weak but we will get him back sound soon enough. We have a rota seta up with all the family, 3 visits daily for keeping his spirits up but also making sure he gets out of bed and walks around several times. Once he is considered safe, we will take him to a wonderful beachside rehab centre to continue his road to recovery before facing prostate surgery. Age does that to us all.

On the trading front...GBPCHF from last week paid off handsomely. Had 3 positions on diff brokers. from 1.26949 all the way down to 1.25500
I wouldn't mind a few more of those every day
  • #5,763
  • Feb 3, 2020 12:46pm Feb 3, 2020 12:46pm
Quoting Leacher
{quote} Very Nice K can you post the Volume POC indi, if its Mt4? very easy to spot exact 1-2-3. thanks
Hi Leacher,
this tool is called Volume profile and is standardly available in Jforex platform (Dukascopy). I prefer Jforex over MT4
  • #5,764
  • Feb 3, 2020 1:19pm Feb 3, 2020 1:19pm
Guys get ready for the reversal...would be nice to set sell limit between the RED and GREEN Line...At this point and add positions as it retrace...Like i Always advise ...One pair of GREAT setup will make your weekly profit ...you dont really need many....

Also...Like PC said ..we should look for Reversal at the same PIP-range(379sh) like the formal swing...So do the maths and start setting sell Limits from that point ...
Attached Image (click to enlarge)
Click to Enlarge Name: uscadddddd.PNG Size: 202 KB
  • #5,765
  • Feb 3, 2020 1:21pm Feb 3, 2020 1:21pm
Quoting pamc
HI guys, just an update on the father in law. He had heart surgery and they took out a whopping 'polypod'. he is 83 and was colourless, pure white prior. now already the colour back in his cheeks and eyes brighter with natural colour. Very weak but we will get him back sound soon enough. We have a rota seta up with all the family, 3 visits daily for keeping his spirits up but also making sure he gets out of bed and walks around several times. Once he is considered safe, we will take him to a wonderful beachside rehab centre to continue his road...
So glad to hear that your father in law is doing better Pamc! Family is everything
  • #5,766
  • Feb 3, 2020 2:35pm Feb 3, 2020 2:35pm
Quoting richy247
Guys get ready for the reversal...would be nice to set sell limit between the RED and GREEN Line...At this point and add positions as it retrace...Like i Always advise ...One pair of GREAT setup will make your weekly profit ...you dont really need many.... Also...Like PC said ..we should look for Reversal at the same PIP-range(379sh) like the formal swing...So do the maths and start setting sell Limits from that point ... {image}
if price find support @ 1.32852 - 1.32731
I will look for 1.33235 - 1.33310 & 1.33621 - 1.33777 for short positioning
Forex can only be understood backwards, but it must be traded forwards.
  • #5,767
  • Feb 3, 2020 3:03pm Feb 3, 2020 3:03pm
Quoting pamc
HI guys, just an update on the father in law. He had heart surgery and they took out a whopping 'polypod'. he is 83 and was colourless, pure white prior. now already the colour back in his cheeks and eyes brighter with natural colour. Very weak but we will get him back sound soon enough. We have a rota seta up with all the family, 3 visits daily for keeping his spirits up but also making sure he gets out of bed and walks around several times. Once he is considered safe, we will take him to a wonderful beachside rehab centre to continue his road...
I'm glad that he's doing better !
Patience, let the trade come to you.
  • #5,768
  • Feb 3, 2020 3:05pm Feb 3, 2020 3:05pm
Quoting richy247
Guys get ready for the reversal...would be nice to set sell limit between the RED and GREEN Line...At this point and add positions as it retrace...Like i Always advise ...One pair of GREAT setup will make your weekly profit ...you dont really need many.... Also...Like PC said ..we should look for Reversal at the same PIP-range(379sh) like the formal swing...So do the maths and start setting sell Limits from that point ... {image}
Nice clean chart.
Patience, let the trade come to you.
  • #5,769
  • Edited 3:59pm Feb 3, 2020 3:47pm | Edited 3:59pm
Quoting richy247
Hello PC... How you doing and thanks for the updates on the charts ...@billytt Im trying to understand your strategy but i dont seem to get it ...do you make stationary the yard-stick(High-low) and play around that field ?...Could you explain further please?...Thanks ...
Hi Richy, hope all is well.
This happened today.
i have my 00-00 4 hour candle with a Range of 14.
My average daily range is 55. i use a point to point line /yard stick which is 55 pip range.
Attached Image

i put the line at the bottom of 00-00 range and the high is the area where adr should/might go. A
...............................................
Attached Image

i put the line at top of 00-00 range, and the low is the area where adr should/might go. T - A
NOW WE NEED THE BREAK.

The low broke X, so we put adr line to the bottom of the break candle
Attached Image

so when price retraced back up, we know the area it might go to. (which it didnt due to slow day) but we made pips/%
As an example, i put adr line to top of the highest candle, so the adjusted adr low can be seen.
Attached Image

i like the first trade to fail so i can get a good idea where the retrace/adr will be.
This has nothing to do with trading, lol.

Then i work off percentages/odds/outcome and all through daily range.
and yes, it does fail sometimes.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,770
  • Feb 3, 2020 4:13pm Feb 3, 2020 4:13pm
Quoting billytt
{quote} Hi Richy, hope all is well. This happened today. i have my 00-00 4 hour candle with a Range of 14. My average daily range is 55. i use a point to point line /yard stick which is 55 pip range. {image} i put the line at the bottom of 00-00 range and the high is the area where adr should/might go. A ............................................... {image} i put the line at top of 00-00 range, and the low is the area where adr should/might go. T - A NOW WE NEED THE BREAK. The low broke X, so we put adr line to the bottom of the break candle {image}...
Im very good Bill...Being silently reading new ideas and charts on the thread...

NOW i understand Bill...Such simplicity in trading ...I do this sometimes on 1H not 4H(...I use this indicator for ADR for Daily Ranges and weekly ...You will find this very Useful as it tells you how many more pips to the High and Low of the ADR...m very sure you will find use for it ...
Attached File(s)
File Type: mq4 DWMRanges.mq4   13 KB | 351 downloads
  • #5,771
  • Feb 3, 2020 4:36pm Feb 3, 2020 4:36pm
Quoting PokerChip
If you look at this 4 hour chart of the EUR/GBP from today you want to wait until the pair exits the box and then wait until the pair settles down. Normally any pair will exit the chart and make a quick move to the up side or the down side. This is the fake out move. Then it will it will settle down and show you its intended direction. You can make your entry once this has happened. It might take up to 12-24 hours for this to happen on the 4 hour chart. Draw a horizontal line or you can use a arrow in the middle of the chart. If the price settles...
As an aside, whilst reading through the first few charts on this thread ( I am still working my way through posts -a long way to go yet) - I noticed how useful the purple ma on the chart could possibly be ( lot of charts to look at yet) if you let a candle close above or below a break of that line and then trade the break of that candle ?
Such a chart would contain price and that ma only. Food for thought maybe?

Apologies ,PC, for digressing from your approach on this thread.
every Saint has a past. Every Sinner has a Future
  • #5,772
  • Feb 3, 2020 6:01pm Feb 3, 2020 6:01pm
Quoting turnip15
{quote} As an aside, whilst reading through the first few charts on this thread ( I am still working my way through posts -a long way to go yet) - I noticed how useful the purple ma on the chart could possibly be ( lot of charts to look at yet) if you let a candle close above or below a break of that line and then trade the break of that candle ? Such a chart would contain price and that ma only. Food for thought maybe? Apologies ,PC, for digressing from your approach on this thread.
Welcome to the thread.

You can talk about anything you want, post any kind of chart you want.

Were all here to help each other make a profit.

Note: In the beginning of the thread I start out using the 1 hour chart for the jail break system.

Then I entered a buy trade that trade turned out to be a run away, I think it moved up 3 more levels until it reversed.

It turned out to be a blessing disguise.

I now use the daily chart for direction and use the 4 hour and 1 hour for my entry.

Let me know when you have a question.

Thanks,
Poker Chip
Patience, let the trade come to you.
  • #5,773
  • Feb 3, 2020 6:40pm Feb 3, 2020 6:40pm
Quoting PokerChip
EUR/AUD 4 hour chart update. {image}
Hi Pokerchip,

A newbie question. Attached is EurAud Daily chart, which to me seems like it is in a range (between the 2 pink lines)? In the above post you used a 4 hour chart to find the 3 levels. Just a little confused, as I know you have switched to Daily chart to find the 3 levels and 4H or 1H for entries.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDDaily.png Size: 70 KB
  • #5,774
  • Feb 3, 2020 6:43pm Feb 3, 2020 6:43pm
Quoting PokerChip
{quote} Nice clean chart.
Thanks Maestro learnt it from you... Is it possible to have weekly updates of the jailbreak chart.. I think this way we all know the directions of each pair. I was reading someone 80% DD on EA .Only people following Pivot would be on DD with EA(Pivot doesn’t respond to chaotic market like China virus and Aussie’s Main customer is China).

I hope his out of the trade with Interest rate I pray for his money....
  • #5,775
  • Feb 3, 2020 6:47pm Feb 3, 2020 6:47pm
GBP/USD daily chart update.

This is about the 2nd or 3rd update today.

I anticipate the pair to retrace to 1.30500 area then move lower after that to 1.28800 (the 2nd level).

Then have another retrace back to the 1.29500 area, which will be above the 2nd level box.

Now we wait for the market maker.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-d1-tw-corp-gbp-usd-daily-chart-2.png Size: 37 KB
Patience, let the trade come to you.
  • #5,776
  • Feb 3, 2020 6:57pm Feb 3, 2020 6:57pm
EUR/AUD daily chart.

The red arrow is pointing at the green candle.

This is the market maker trapping buyers.

This pair is moving lower.

Don't get caught buying.

Trade Safe.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudi-d1-tw-corp-eur-aud-daily-chart-2.png Size: 43 KB
Patience, let the trade come to you.
  • #5,777
  • Feb 3, 2020 8:26pm Feb 3, 2020 8:26pm
Quoting Pat Chiko
EUR USD retest jail #1 scalping its way to Jail #2 {image}

EUR USD

Jail #2 in progress.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 100.jpg Size: 275 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,778
  • Feb 3, 2020 9:06pm Feb 3, 2020 9:06pm
EUR AUD

Scalping during Major Impact News
Attached Image (click to enlarge)
Click to Enlarge Name: ea 100.jpg Size: 226 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,779
  • Feb 3, 2020 11:03pm Feb 3, 2020 11:03pm
Quoting richy247
Hello PC... How you doing and thanks for the updates on the charts ...@billytt Im trying to understand your strategy but i dont seem to get it ...do you make stationary the yard-stick(High-low) and play around that field ?...Could you explain further please?...Thanks ...
Hi Richy, today.
Attached Image

00-00 4 hr bar. high =13002 and low =12981 so range =21. my adr =117 and the secondary =86.
i put my black line range area at bottom of trigger candle.X
this is where i expect price to travel.
or if it retraces look below.
Attached Image

you put black line adr area at top of candle.
so far so good.

edit at t 05-05 the first break is harder to trade because we do not know how far it will travel. (it mightb retrace). i ma looking for 20 , and have 10 banked.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,780
  • Feb 3, 2020 11:09pm Feb 3, 2020 11:09pm
Quoting Pat Chiko
EUR AUD Scalping during Major Impact News {image}

EUR AUD


Stopped Out, -22,4 pips


Re-entry scalping
Attached Image (click to enlarge)
Click to Enlarge Name: ea 101.jpg Size: 225 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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