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The Jail Break System

  • #10,061
  • Mar 28, 2020 3:36pm Mar 28, 2020 3:36pm
I have prepared a free winrar zipped folder of educational stuff to combine with jailbreak. Its 28.1mb so too large for posting here. Interested?? Pm me with your email. Those that have already emailed, expect it tomorrow morning. Keep well
  • #10,062
  • Mar 28, 2020 4:08pm Mar 28, 2020 4:08pm
Quoting pamc
{quote} Poker if i may suggest ways of minimizing the possibility of that DD. 1)market makers will and have to take Price to where the market is, so if there are large sells clusters 30-50 pips above current price and another cluster forming above that, price will keep rising to meet that demand but aiming at whipsawing them out of the trade. If there are large clusters of buyers and sellers on the way up, then the whipsawing becomes even more complex but always aims to take into the trade as many as possible (value wise), and then fake em out....
This very interesting.

Thank you for posting this.
Patience, let the trade come to you.
  • #10,063
  • Mar 28, 2020 4:22pm Mar 28, 2020 4:22pm
GBP/USD 4 hour chart Saturday update.

This pair has made a nice move up, 660 pips up from the 1st level.

I'm looking for this pair to pull back Sunday so the market maker can trap sell traders.

On Monday I look for the pair to start trading up around mid day New York time.

I believe the 3rd level will be where I have it on the chart.

I can't think of any reason why the market maker would not push the pair lower when the market opens on Sunday.

I makes perfect sense to me why he will push the pair lower so he can trap as many traders possible before going into the 3rd level.

Trade Safe. Be Patient.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdi-h4-tw-corp-g-u-2.png Size: 36 KB
Patience, let the trade come to you.
  • #10,064
  • Mar 28, 2020 4:53pm Mar 28, 2020 4:53pm
GBP/JPY 4 hour chart Saturday update.

I think that the pair will open up lower when the market opens, then reverse after 4-6 hours and continue to move up late Sunday night early Monday morning.

I look for it to push up to 135.750 area then retrace lower to 132.600 area and then push back up after that.

I think that I have the 3rd level in about the correct area.

It might not be until Tuesday or even Wednesday until it gets to the 3rd level though.

If you put up a 1 hour chart of this pair you'll notice that it took 3 days to move out of the 1st and 2nd levels each.

If find this interesting, that there was a 466 pip range at the 1st level and 390 pip range of the 2nd level.

Usually the largest moves on a pair is from the 2nd level to the 3rd level. Be prepared for large swings Sunday.

Remember that this pair has had a 409 pip run up the last 2 days.

So again if I was the market maker, I would open this pair lower to trap traders.

I hope this helps.

Trade Safe and Stay Safe.

Poker Chip
Attached Image (click to enlarge)
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Patience, let the trade come to you.
  • #10,065
  • Mar 28, 2020 6:22pm Mar 28, 2020 6:22pm
Quoting PokerChip
GBP/JPY 4 hour chart Saturday update. I think that the pair will open up lower when the market opens, then reverse after 4-6 hours and continue to move up late Sunday night early Monday morning. I look for it to push up to 135.750 area then retrace lower to 132.600 area and then push back up after that. I think that I have the 3rd level in about the correct area. It might not be until Tuesday or even Wednesday until it gets to the 3rd level though. If you put up a 1 hour chart of this pair you'll notice that it took 3 days to move out of the 1st...
Thanks Poker Chip...
  • #10,066
  • Mar 28, 2020 6:27pm Mar 28, 2020 6:27pm
USD/JPY 4 hour chart Saturday update.

When the market opens Sunday I think this pair will open up higher with (2) 4 hour candles then lower for (2) 4 hour candles.

Then reverse and move higher after the market maker has enough traders trapped.

Between Sunday and Monday I look for the pair to up at least 200 pips.

By Monday I look for the pair to be between 110.000 and 111.000


Right now I'm stuck 3 times, I have 3 buy trades open and after the 2 lower 4 hours candles are closed I might try and make another buy entry.

This pair only one direction and that's higher after the 2 fake out 4 hour candles close.

Trade Safe and Stay Safe.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyi-h4-tw-corp-u-j.png Size: 39 KB
Patience, let the trade come to you.
  • #10,067
  • Mar 28, 2020 6:57pm Mar 28, 2020 6:57pm
GBP/CAD 4 hour Saturday chart update.

This pair is up 555 pips in the last 2 trading days.

I look for this pair to open up higher for 1-2 hours then retrace lower to the 1.70000 area.

Then reverse after the 1.70000 area and move higher in a hurry.

Trapping all those sell traders.

Trade Safe and Be Safe.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcadi-h4-tw-corp-g-c.png Size: 41 KB
Patience, let the trade come to you.
  • #10,068
  • Mar 29, 2020 2:13am Mar 29, 2020 2:13am
Quoting PokerChip
Froggy had a question about drawing boxes in the levels. Here is my reply. So say that after we have a reversal at the top and the pair starts to move lower to a level I try to stay in the middle from the top and the bottom. So if you have a spike at the top and a spike at the bottom you can measure it if you want, or you can do what I do is just eye ball it and put your box in the middle. And if the pair moves up and down like a ruffle potato chip just traveling side ways you'll need to make the box longer because its still in the same level. And...

And these market makers like keep on moving horizontal plain at this level until he has enough buy traders trapped and then when he does have enough traders trapped he'll move away to the next lower level and start trapping all over again.

I see what you described is happening in EURCAD H4 chart.
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Determination + Persistence = Success
  • #10,069
  • Mar 29, 2020 5:21am Mar 29, 2020 5:21am
503 pages of people complexifying an already perfect idea.
  • #10,070
  • Mar 29, 2020 6:11am Mar 29, 2020 6:11am
Some great posts being posted,
Well done P with the ea, hope it carries on going well for you.

When i started to re visit FF again, it was because i was looking for an old friend who visited here plus i was researching for a book i was trying to write.
The book went out of the window as i was threatened legally by soliciters. (Nothing to do with FF).
i am getting into the lock down mode, and have thoughts of writing but not the original book.

I say lock down, i am in forest and i have one neighbour whi is approx 50 mtrs away and then nothing, only trees then the sea, so it isnt that bad.yaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,071
  • Mar 29, 2020 6:15am Mar 29, 2020 6:15am
Quoting clemmo17
503 pages of people complexifying an already perfect idea.
Brilliant word complexifying,
I have my own method which is good+
But i think if the jail break can be automated, why not? i will still trade my method.
Saying that , i did have a bot which was awesome but i honestly thought it was cheating lol.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,072
  • Mar 29, 2020 8:15am Mar 29, 2020 8:15am
Quoting billytt
Some great posts being posted, Well done P with the ea, hope it carries on going well for you. When i started to re visit FF again, it was because i was looking for an old friend who visited here plus i was researching for a book i was trying to write. The book went out of the window as i was threatened legally by soliciters. (Nothing to do with FF). i am getting into the lock down mode, and have thoughts of writing but not the original book. I say lock down, i am in forest and i have one neighbour whi is approx 50 mtrs away and then nothing, only...
I'd buy that book in a heartbeat! Or volunteer to proofread it for you....

I've been quietly following along the things that you and Lem post.

Cheers for your longevity.
Empty your mind and let the market guide you
  • #10,073
  • Mar 29, 2020 8:42am Mar 29, 2020 8:42am
EUR/JPY for consideration. Extended reversal, Level 1 achieved Friday. What to make of the 129 pip rally? Doesn't quite fit the jailbreak model but perhaps MM wants to trap hopeful buyers, cut the cord Monday, then continue on down to Level 2.
Attached Image (click to enlarge)
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  • #10,074
  • Edited 12:38pm Mar 29, 2020 12:00pm | Edited 12:38pm
PC, I see that weirdo has started ignoring us. Lol.

edit. Says i lurk in here???? lurk? i am a fully paid up member in here.
I would say, he wants something spoon fed to him. Money for nothing, as the Dire Straights song goes.
Maybe if he posts his bank account details we can send him money.
Anyway. this is the last time i mention him.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,075
  • Mar 29, 2020 12:54pm Mar 29, 2020 12:54pm
Quoting SunnyCoast
{quote} I'd buy that book in a heartbeat! Or volunteer to proofread it for you.... I've been quietly following along the things that you and Lem post. Cheers for your longevity.
How nice of you, thanks.
Original book was concerning how Gurus say/post/tip trades and they go horrifically wrong.
I am not speaking sudden spikes maybe due to a flare up in the middle east or a rogue government being elected.
But basically posting/tipping and it goes horrifically wrong, and then they blame it on other things. lol

That is why i am interested in PC's thread, levels and areas.
No disrespect to him, but if he says cable is going wherever, i will still trade my method and quite often trade against, BUT I GET OUT QUICK. and things then blend.

My new idea is to write about Daily Range and the trade method.
.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,076
  • Mar 29, 2020 1:13pm Mar 29, 2020 1:13pm
Quoting billytt
PC, I see that weirdo has started ignoring us. Lol. edit. Says i lurk in here???? lurk? i am a fully paid up member in here. I would say, he wants something spoon fed to him. Money for nothing, as the Dire Straights song goes. Maybe if he posts his bank account details we can send him money. Anyway. this is the last time i mention him.
Doesn't take long for trolls to appear. I've had it so many times over the years that I've lost count! Unfortunately there are some bitter and twisted individuals out there who seem to get a kick out of it or, more then likely. they've suffered a few nasty losses and so they take their frustration out on other traders.
Very sad!
  • #10,077
  • Mar 29, 2020 1:22pm Mar 29, 2020 1:22pm
Quoting Mtinifx
{quote} Doesn't take long for trolls to appear. I've had it so many times over the years that I've lost count! Unfortunately there are some bitter and twisted individuals out there who seem to get a kick out of it or, more then likely. they've suffered a few nasty losses and so they take their frustration out on other traders. Very sad!
Thanks M, i know what you mean, there are indeed some sad people around.But Hey Ho they give us a laugh in these sad times.
Its a pity he couldn't question me and i would answer.
Its 19-20 now , and his mummy has probably put him to bed.
Take care, trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,078
  • Mar 29, 2020 2:01pm Mar 29, 2020 2:01pm
Quoting richpeterson
@cdk1212 In FXBlue, how can I analyze my different trade styles?
separate demo for each style, linked to separate trade explorer.download also the trade reports and trade info indis from files
  • #10,079
  • Mar 29, 2020 3:16pm Mar 29, 2020 3:16pm
Hi all,
I hope everyone is safe also your families.
Market is now open.
Hopefully I will sleep until 07-30 and then get ready for the UK open at 08-00.
My inboard clock will probably awaken me at
04-00. Lol not.
Let's hope for short ranges.
Trade well all and take care.
t 21-25
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,080
  • Mar 29, 2020 6:41pm Mar 29, 2020 6:41pm
Took a Short on USDCAD at 1.4060
Determination + Persistence = Success
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