The Jail Break System | Page 485 | 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

  • #9,681
  • Mar 25, 2020 7:00pm Mar 25, 2020 7:00pm
Quoting cdk1212
Hi Everyone, I have been following this thread since the beginning, but never posted until now. First, a big thank you to Poker Chip for starting the thread and sharing his exceptionally successful strategy. It is awesome! Second, a big thank you to all the participants who post & share their trades; Trader Ron, pamc, Billytt, prozor7 and others. Third, what I really want to cover in this post. If you call yourself a trader and you are clicking the mouse every time that PC and/or other traders post a trade. Then you are really not a trader. Everyone...
Hello CDK1212,
Thank you for all of you're kind words. And on be half of all the traders here, thank you again. You have a excellent idea of all the traders here using the jail break system on a demo account and tracking they're progress on their own if they choose so. If something was to happen like if the Forex Factory was to shut down the jail break system thread what would we do ? I would surely miss all my new friends from around the world. I couldn't post anything anywhere for traders to see. So I really think you're on to something here. I will work on a remedy for a backup plan, a type of a insurance policy just in case the Forex Factory does pull the plug on the thread. Don't be a stranger, if you have something to say please post it here.

Thank you,

Poker Chip
Patience, let the trade come to you.
  • #9,682
  • Mar 25, 2020 8:42pm Mar 25, 2020 8:42pm
Quoting TraderR0N
{quote}
Hey Ron,

It took a while but it finally got there!!!
Stay green!!!
  • #9,683
  • Mar 25, 2020 8:51pm Mar 25, 2020 8:51pm
Quoting TraderR0N
{quote} Hi Mtinigfx, Madness.. lol my broker halted my Gold trade anyone encounter this before?
I had the same problem with my Gold trade. The candle went passed my TP but I didn't get the profit
  • #9,684
  • Mar 25, 2020 9:20pm Mar 25, 2020 9:20pm
Quoting TraderR0N
{quote} Hi Mtinigfx, Madness.. lol my broker halted my Gold trade anyone encounter this before?
most gold mine and process plants around the world have stopped.... they can't found actual gold to buy!!
Stay green!!!
  • #9,685
  • Mar 25, 2020 9:26pm Mar 25, 2020 9:26pm
Quoting Kellytrade
{quote} I had the same problem with my Gold trade. The candle went passed my TP but I didn't get the profit
perhaps the spread....
Stay green!!!
  • #9,686
  • Mar 26, 2020 12:18am Mar 26, 2020 12:18am
Quoting cdk1212
Hi Everyone, I have been following this thread since the beginning, but never posted until now. First, a big thank you to Poker Chip for starting the thread and sharing his exceptionally successful strategy. It is awesome! Second, a big thank you to all the participants who post & share their trades; Trader Ron, pamc, Billytt, prozor7 and others. Third, what I really want to cover in this post. If you call yourself a trader and you are clicking the mouse every time that PC and/or other traders post a trade. Then you are really not a trader. Everyone...
Hi, good post.
Many people will like to be spoon fed.
I trade my own style which is not the same as PC's , RON's, PAMC's. I am well aware of the jail break areas, and I love the way the different levels are brought together and I think it s amazing.BUT, I DON'T TRADE THIS, I trade stats,Frequency Distribution Stats, life is based on maths, numbers fact. If a method is used as some of the gurus sell with money management at 5/1 ie 1 win will cover the 5 losses. I would trade the 5 losses BECAUSE we have the FD stats to back it up . I had a guy only a couple of months ago start to do this and he rewarded me.yaaaaay.
Trade well bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,687
  • Mar 26, 2020 12:30am Mar 26, 2020 12:30am
Time now 05-25 am UK.
Nothing is happening yet.
But I guess I am scalping. Or trying to get into the 00-00 4 hour bar trade early.
I was short for a couple of points and then long for a couple (still long) . The 00-00 range is 60+ but I may just trade the open/ close and add on. Let's see. Then trade my main trade off the 08-00. 15 minute bar.
Trade well all
t 05-30
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,688
  • Mar 26, 2020 12:35am Mar 26, 2020 12:35am
Quoting TraderR0N
{quote} My wife was telling me even though I’m sick but still so much in my trading.. I told her one word which is passion. She goes like I see... hahahahaha...
Inspirational is what it is, but that's probably not what she meant!
Good Trading
  • #9,689
  • Mar 26, 2020 12:41am Mar 26, 2020 12:41am
My last post,
Trading off the close/ high of a candle/bar has nothing to do with FD Stats,
It's what I call Muscle Trading, using small lots.
First entry I just went short with no idea lol. Made a couple then closed on retrace, then long.
Now I play the game, I could of got lucky with first trade. But like I said, I am playing a game until my serious trades start.
Trade well all
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,690
  • Mar 26, 2020 1:01am Mar 26, 2020 1:01am
Quoting billytt
Time now 05-25 am UK. Nothing is happening yet. But I guess I am scalping. Or trying to get into the 00-00 4 hour bar trade early. I was short for a couple of points and then long for a couple (still long) . The 00-00 range is 60+ but I may just trade the open/ close and add on. Let's see. Then trade my main trade off the 08-00. 15 minute bar. Trade well all t 05-30
Morning! I've been following along with you but going back to bed now for an extra few hours kip
  • #9,691
  • Mar 26, 2020 1:21am Mar 26, 2020 1:21am
Took short USDCAD at 1.4262; the first position is fully closed.
Target: 1.4125
Determination + Persistence = Success
  • #9,692
  • Mar 26, 2020 2:06am Mar 26, 2020 2:06am
Cable 00-00 4 hour bar break.
Chart copied a few mins ago.

The range is 65, still a bit high. the adr = 332 which is still not the norm.
Attached Image


0 = 00-00 4 hour bar.
A = the adr area 332 adr, if it keeps dropping it should reach 11570 area. i say (should).
I am looking for part of that range. ( a percentage)
i am not trading the full 00-00 range but o close/high bar.

Trade well all.
t 07-06
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,693
  • Mar 26, 2020 2:08am Mar 26, 2020 2:08am
Quoting Wellington
{quote} Morning! I've been following along with you but going back to bed now for an extra few hours kip
No, i am awake and so should you.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,694
  • Mar 26, 2020 2:43am Mar 26, 2020 2:43am
Morning all,

Thanks for the help PokerChip, maintaining icecream stock is very important.

Ive been going through a lot of the examples on this thread and I couldn't find an example of this...

The 13ma has crossed back through the 800, but the 50 has just crossed up through the 200. Should that be a red flag indicating I should wait further on this? Or is it more likely assuming this current 4h candle closes south of the box that 50 is going back through the 200ma and we are about to have a downward movement.

Note- Im not entering either way on this for a while. Lately Ive given back nearly bit of profit jumping in on trades, something I didn't use to do as much on demos, so if I hardly trade at all in the next couple of days its probably better!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 30 KB
  • #9,695
  • Mar 26, 2020 3:06am Mar 26, 2020 3:06am
Quoting SKLearn
Took short USDCAD at 1.4262; the first position is fully closed. Target: 1.4125
Took partial profit and set BE.
Determination + Persistence = Success
  • #9,696
  • Mar 26, 2020 3:12am Mar 26, 2020 3:12am
Cable 00-00 4 hour bar break
chart copied a minute or two ago
0 = 00-00 bar.
A = adr line, adr high area = 12140
Attached Image


Big adr, but this is what i would look for, lets pretend we are trading normally.
t 08-12
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,697
  • Edited 4:13am Mar 26, 2020 3:14am | Edited 4:13am
Cable 08-00 15 min bar break,
range is in 40s so i am leaving it, BUT i will trade open/close with smaller lot.
t 08-14

edit, it isnt open / close ,,,, but open/low,,,,, open/high sorry.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,698
  • Mar 26, 2020 3:21am Mar 26, 2020 3:21am
Cable short.
t 08-21
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,699
  • Mar 26, 2020 3:26am Mar 26, 2020 3:26am
you wont believe what i just did, So i wont say lol

Cable short is/was good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,700
  • Mar 26, 2020 3:44am Mar 26, 2020 3:44am
Quoting Kellytrade
{quote} I had the same problem with my Gold trade. The candle went passed my TP but I didn't get the profit
This time it went past my TP and gave me additional 90 pips. So so lucky I'm on the right side. This is scary, gonna stop playing with Gold for now.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold-H1.png Size: 16 KB
16 traders viewing now