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The Jail Break System

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  • Post #12,961
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  • May 6, 2020 3:36pm May 6, 2020 3:36pm
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,297 Posts
Quoting prozor7
Disliked
{quote} yes I did, this thread help me a lot, and I'm working on it to get it back, helping others. need few more days, will post here. thx Edit: probably over the weekend
Ignored
good lad. i will too as soon as i get some other stuff sorted. will read all though and if relevant i will post an opinion. keep well and thanks for being helpful here.
 
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  • Post #12,962
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  • May 6, 2020 3:40pm May 6, 2020 3:40pm
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,297 Posts
Quoting Ritter3
Disliked
Hello, I take the H4 and try to find the levels there better. In my opinion the 1st level should be in the area shown in the picture. In Eur-YEN, the turning point could already be happening. But there it is still too early for me to say it with certainty {image}
Ignored
please o please when posting here regarding jailbreak levels, post clear charts. indicator clattered charts look like xmas cards and detract from ability to see clearly quickly. i dont want to squint and try see through such stuff. secondly you will be able to post a full screen zoomed out picture giving better view of structure.
 
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  • Post #12,963
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  • May 6, 2020 3:44pm May 6, 2020 3:44pm
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,297 Posts
Quoting Rubernet
Disliked
Hi PC This is how a trader on the BTMM group sees the current levels of GU, your view will be appreciated. {image}
Ignored

4hr charts please. you need to understand that each level on 1hr is absolutely different than 4hr. you will get mislead and get in too early and get whipsawed. it wont be the reversal at the top/bottom.
 
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  • Post #12,964
  • Quote
  • Edited at 4:10pm May 6, 2020 3:58pm | Edited at 4:10pm
  •  Rubernet
  • Joined Sep 2015 | Status: Member | 286 Posts
Quoting pamc
Disliked
{quote} 4hr charts please. you need to understand that each level on 1hr is absolutely different than 4hr. you will get mislead and get in too early and get whipsawed. it wont be the reversal at the top/bottom.
Ignored
Okay fine, but by the way I directed my query to PC, anyway seeing that you respond did you see my 2nd chart I posted, let us see how it plays out, anything can happen. And for the 4hr chart issue, PC said in his 1st post we can use 1hr or 4hr.
Trade Without Fear
 
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  • Post #12,965
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  • May 6, 2020 4:09pm May 6, 2020 4:09pm
  •  F05
  • | Joined Apr 2020 | Status: Member | 84 Posts
Quoting pamc
Disliked
{quote} on 4hr charts look for the levels.
Ignored
I appreciate your correction Pamc, thank you.
I may not have noticed that the levels are analyzed in 4hr, as I am reading the first pages of the topic, but I will finish reading soon and avoid mistakes like this.

Perhaps it is correct to observe in this way?

Attached Image (click to enlarge)
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Size: 53 KB

I appreciate your corrections and comments Pamc, are helping my understanding. Thank you!
Life begins at the end of your comfort zone.
 
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  • Post #12,966
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  • May 6, 2020 5:13pm May 6, 2020 5:13pm
  •  RieseP
  • Joined Nov 2016 | Status: Member | 785 Posts
Let’s get this to the 1000 page. It deserve it
 
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  • Post #12,967
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  • May 7, 2020 12:48am May 7, 2020 12:48am
  •  Simply-Me
  • Joined Oct 2017 | Status: Member | 595 Posts
Quoting RieseP
Disliked
Let’s get this to the 1000 page. It deserve it
Ignored
Should I switch from 40 post per page to 20 to get thee earlier?
Whether you think you can, or you think you can't,you're right. H.F.
 
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  • Post #12,968
  • Quote
  • May 7, 2020 5:26am May 7, 2020 5:26am
  •  billytt
  • Joined Feb 2009 | Status: Member | 24,842 Posts
Hi all.
My main Cable trade at 08-00. The 15minute break.
High broke for +5%.thats it.
I did trade e/u and that was good plus a mistake . The Cable 00-00 4hour area break was also good. Trade well all. Stay Safe
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
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  • Post #12,969
  • Quote
  • May 7, 2020 12:01pm May 7, 2020 12:01pm
  •  zzz18
  • | Joined Jun 2018 | Status: Member | 53 Posts
Nice long GU after President Lagarde Speaks
Attached Image (click to enlarge)
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Size: 44 KB
 
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  • Post #12,970
  • Quote
  • May 8, 2020 5:48am May 8, 2020 5:48am
  •  digitol
  • | Joined Feb 2020 | Status: Member | 20 Posts
Morning Traders This MM must have so many orders to fill GU at this1.238 price range I wonder how much more to go
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  • Post #12,971
  • Quote
  • May 8, 2020 8:12am May 8, 2020 8:12am
  •  F05
  • | Joined Apr 2020 | Status: Member | 84 Posts
Quoting F05
Disliked
{quote} I appreciate your correction Pamc, thank you. I may not have noticed that the levels are analyzed in 4hr, as I am reading the first pages of the topic, but I will finish reading soon and avoid mistakes like this. Perhaps it is correct to observe in this way? {image} I appreciate your corrections and comments Pamc, are helping my understanding. Thank you!
Ignored
Hello everyone!

EUR/NZD 4 hour chart update..

Attached Image (click to enlarge)
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Name: EURNZD.png
Size: 62 KB

After the pamc corrected me, I started to observe the chart in H4, notice how the MM really manipulate and hunt the most inexperienced traders. In H1 there was a fake W, but as PC always said "4 hour chart is the authority over any other chart in lower time frames" (#post 7) and look at the charts that I attached here, see the amount of buyers stuck in the candles that I circulated, perhaps, seduced by the fakes of the MM.
H4 followed slowly and will probably form the next level soon, let's follow it together!

For the youngest in Forex like me, we must not forget the legacy of studies that PC, R0N, pamc (among other brilliant minds) left in the previous pages, read all pages, please. This works for me, I am far from judging anyone, I just want to help the youngest in Forex, like me.

Sorry for any misspellings, I still use the translator in a nutshell, I hope you understand.

Green pips, F05.
Life begins at the end of your comfort zone.
 
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  • Post #12,972
  • Quote
  • May 8, 2020 10:29am May 8, 2020 10:29am
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,297 Posts
Quoting F05
Disliked
{quote} Hello everyone! EUR/NZD 4 hour chart update.. {image} After the pamc corrected me, I started to observe the chart in H4, notice how the MM really manipulate and hunt the most inexperienced traders. In H1 there was a fake W, but as PC always said "4 hour chart is the authority over any other chart in lower time frames" (#post 7) and look at the charts that I attached here, see the amount of buyers stuck in the candles that I circulated, perhaps, seduced by the fakes of the MM. H4 followed slowly and will probably form the next level soon,...
Ignored
HI FO5.
1)boxes are good however do please zoom out so you and us can see the whole picture. Only then draw your boxes. Also try it wih the line chart. You may see them easier. Either way is ok.
2)We are not brilliant minds, just ordinary folk like you.
 
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  • Post #12,973
  • Quote
  • May 8, 2020 11:01am May 8, 2020 11:01am
  •  F05
  • | Joined Apr 2020 | Status: Member | 84 Posts
Quoting pamc
Disliked
{quote} HI FO5. 1)boxes are good however do please zoom out so you and us can see the whole picture. Only then draw your boxes. Also try it wih the line chart. You may see them easier. Either way is ok. 2)We are not brilliant minds, just ordinary folk like you.
Ignored
Of course Pamc, I will follow as you explained, tks.

I Appreciate your comments and formality. See you soon.
Life begins at the end of your comfort zone.
 
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  • Post #12,974
  • Quote
  • May 8, 2020 1:20pm May 8, 2020 1:20pm
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,297 Posts
couldn't resist the combination of large close by stop loss clusters below and the large pending orders to the left. great combi. lets see. I took a sell down to the stops clusters blue horizontals and a pending buy up to the above one
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  • Post #12,975
  • Quote
  • May 8, 2020 1:26pm May 8, 2020 1:26pm
  •  RieseP
  • Joined Nov 2016 | Status: Member | 785 Posts
Quoting pamc
Disliked
couldn't resist the combination of large close by stop loss clusters below and the large pending orders to the left. great combi. lets see. I took a sell down to the stops clusters blue horizontals and a pending buy up to the above one {image}
Ignored
I am long E/A so like I be sitting on that pair for a while All the best Pamc and hope you had a good week

It look like level 3 and drop for the reverse. I had at reverse on 4 hr.
 
1
  • Post #12,976
  • Quote
  • May 8, 2020 1:40pm May 8, 2020 1:40pm
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,297 Posts
Quoting RieseP
Disliked
{quote} I am long E/A so like I be sitting on that pair for a while All the best Pamc and hope you had a good week It look like level 3 and drop for the reverse. I had at reverse on 4 hr.
Ignored
Hi Riese, hope you are well. it will be ok soon after the down move. Had an excellent week with 1434 ips and 13.3 % gain. regarding the other matter we talked in pm, am still trying to sort it for you. Have a great weekend
 
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  • Post #12,977
  • Quote
  • May 8, 2020 1:43pm May 8, 2020 1:43pm
  •  RieseP
  • Joined Nov 2016 | Status: Member | 785 Posts
Quoting pamc
Disliked
{quote} Hi Riese, hope you are well. it will be ok soon after the down move. Had an excellent week with 1434 ips and 13.3 % gain. regarding the other matter we talked in pm, am still trying to sort it for you. Have a great weekend
Ignored
Good for you my friend. You deserve it
 
1
  • Post #12,978
  • Quote
  • May 8, 2020 4:39pm May 8, 2020 4:39pm
  •  Roblee
  • | Joined Nov 2009 | Status: Member | 28 Posts
Did anybody go golfing today? I had a blast on the course. Beautiful day with a cold northwestern wind and temp at 36. But, once I got going, the weather was bearable. While I was golfing, the trades closed net 2700. I think the jail break system reduced the fear factor but it definitely requires patience. Last month, I was down 21 grand but kept the trades open. But the paper loss soon reduced to under a grand. Many trades resulted in profits. Overall, I have had 164 closed positions without a loss since late March. But the funny thing is I still haven’t attained a consistent strategy yet. I need normalcy but today I just discovered how fractal the market structure is. It was right under my nose. Maybe that will help my hone down my trading method. I guess the cold air cleared my head so I could focus better. Anyway, the jail break system does work and different things can be done to it like getting the average price of the correction range and observe how the price reacts to that. Trade well and have a wonderful weekend.
 
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  • Post #12,979
  • Quote
  • May 9, 2020 1:00pm May 9, 2020 1:00pm
  •  RieseP
  • Joined Nov 2016 | Status: Member | 785 Posts
Aussie is due a correction. From reversal price was higher that weekly pivot 6 weeks in a row apart from last week when it was lower than weekly pivot but end week finished above. I believe price will open below WPP but doubt it finish above instead WPP acting as resistance.
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  • Post #12,980
  • Quote
  • May 9, 2020 1:08pm May 9, 2020 1:08pm
  •  RieseP
  • Joined Nov 2016 | Status: Member | 785 Posts
A\C. Last week was a late week mark up in the outerzone in resistance. A high probability with will have resistance R38\61
Attached Image (click to enlarge)
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