The Jail Break System

Hi all, i hope the weekend is /was good.
My adr for Monday 08:06:20.. stats off 5 days starting Mon 01:06:20
A/U 161-124- 127-105-82,,,,,adr =119
U/C 227-101-92-73-122,,,, adr = 123
E/U 54, 81,89,168,105,,,, adr = 99
Cable 165- 98 - 68 -133 -149 adr = 122

Hopefully, the 00-00 4 hour bar will be short range so you can see what i am up to.
Lets see,
My adr stats do not include Sunday.
t 20-41

edit, the numbers following the pair ie , A/U 161-124-105 etc, are the actual Daily Ranges

Time 05-22, nothing has broken yet.
Trade Well All

Good morning Billy,

I hope you are well.

EUR/JPY 4 hour chart update.

AUD/JPY 4 hour chart update.

Hi PokerChip! I read 10 pages or so of this thread and it seems like you have a really good sense of the market. I have a question about the current EUR/USD chart if you don't mind.

Is EUR/USD in the box now and waiting to break out one way or another? Did I draw the box correctly?



Thanks!

Hi PC, hope you are well.
All ok here, cable has been good again, even though my first 08-00 15 min bar Failed, but I regained with the high break then the retrace.

[quote=Learning2;12990357]Hi PokerChip! I read 10 pages or so of this thread and it seems like you have a really good sense of the market. I have a question about the current EUR/USD chart if you don't mind. Is EUR/USD in the box now and waiting to break out one way or another? Did I draw the box correctly? {image} Thanks!

Hello Learning 2,
Your box is drawn correct. I have EUR/USD moving higher.

Hi PokerChip, what is the best way to draw the boxes? are there any rules to draw them accurately? Thanks man.

Not much activity in the Jailbreak group. Maybe they all escaped the Jail and crossed the border for sanctuary. Please come back King PC and Prince Billy. Your contribution is sorely missed.

Hello Karlorenz,

I hope you are well.

First find the reversal point on the 4 hour chart of your pair.

Then look for railroad tracks after the reversal, they could be anywhere from 125 pips to 300 pips above or below the reversal.

This are the levels you seek, measure the levels and draw a box in the middle of the top and bottom.

They don't have to be perfect, they just show you that a level has been reached.

That's how it works.

We have had a reversal on GBP/AUD.

Probably would be a great time to buy.

It's a long way up.

Trade well.

AUD/USD now has reversed on the 4 hour chart.

Hopefully 1 trader bought GBP/AUD.

Thanks PC. Great alert post. I’m on board for the ride.

[quote=PokerChip;12990384] Thanks! Looks like you were correct about it next move.

GU: Looks as if we have reach JB-level 1 down. My Scout is still in play short and in god profit. 2 soldiers send on weekend R&R, both was short from 1.27 & 1.28.
/D50

You rock D50!
Strong & patient!

I hope everyone has a great weekend.

Here's what's on the menu for next week.

Sunday night, here's what I think will happen on these 3 pairs.

Here are the pairs, AUD/CAD, AUD/USD, AUD/JPY that are on the menu. (We are only SELLING NEXT WEEK)

This is for the whole week.

Sunday night they will all open higher, and trade sideways until Monday.

Monday these pairs are all building the 1st level box. And its going to be moving up and down in the box. If it builds the 2nd level I will let you know.

The bottom of the box is .67992

The top of the box is .69074

Monday if you get a chance, buy at the top of the box area. And let it drop. (Do not) buy below .67992 or you will hate your trade. And you will lose $$.

I recommend using the 4 hour chart only to trade these pairs. It will be like watching paint dry, but you will make a profit.

I think these have chance to drop at least 200 pips next week.

I would recommend put these 3 pairs side by side on your monitor together so you get the whole picture, and this will give you confidence to trade.

I more thing, don't forget to close your trades and take your profits. It's your money you earned it.

Good luck.

Yeah, i love this no stress 4H swing trading. Just a quick look once a day, alarms set - then time for beach, fishing and hunting.
When i need some action, i just follow your trading, Brixen