Hello,
I did read through the couple of first pages of this topic and really got I interested in the way of trading you are doing here with the Jail break System as you call it.
I am not so experienced yet and didn’t really understand by the first posts how exactly those blue boxes are drawn in to you charts which you describe as the jailroad tracks.
Its says to wait until „several candles“ started to go horizontal / sideways.
What exactly a several candles are? 2,3,4,5,6 and then how to draw that box? So every time I see a bullish candle followed by a bearish one I draw a box around the high and low of these candles?
And this is done for H1, entering on M15 out of that box while taking H4 as the direction for that potential trade?
Sorry in advance for my newbie question.
Great topic, really impressed already by what i did read so far.
I did read through the couple of first pages of this topic and really got I interested in the way of trading you are doing here with the Jail break System as you call it.
I am not so experienced yet and didn’t really understand by the first posts how exactly those blue boxes are drawn in to you charts which you describe as the jailroad tracks.
Its says to wait until „several candles“ started to go horizontal / sideways.
What exactly a several candles are? 2,3,4,5,6 and then how to draw that box? So every time I see a bullish candle followed by a bearish one I draw a box around the high and low of these candles?
And this is done for H1, entering on M15 out of that box while taking H4 as the direction for that potential trade?
Sorry in advance for my newbie question.
Great topic, really impressed already by what i did read so far.
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