The Jail Break System | Page 685 | Forex Factory

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The Jail Break System

  • #13,681
  • Mar 7, 2021 11:47am Mar 7, 2021 11:47am
Here's a sell on GBP/CHF
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf-d1-oanda-division1-cbp-chf.png Size: 49 KB
Patience, let the trade come to you.
  • #13,682
  • Mar 7, 2021 11:53am Mar 7, 2021 11:53am
Here's a sell trade on the EUR/NZD
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd-d1-oanda-division1-eur-nzd.png Size: 47 KB
Patience, let the trade come to you.
  • #13,683
  • Mar 7, 2021 12:08pm Mar 7, 2021 12:08pm
Here's a buy on EUR/NZD
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd-d1-oanda-division1-11.png Size: 43 KB
Patience, let the trade come to you.
  • #13,684
  • Edited 12:36pm Mar 7, 2021 12:25pm | Edited 12:36pm
Here's the NZD/CAD.

This is a tricky trade.

When you see a trade like this you'll need to close the trade on the first green candle because there is no doji candle until a lot higher up.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdcad-d1-oanda-division1-n-c-2.png Size: 48 KB
Patience, let the trade come to you.
  • #13,685
  • Mar 7, 2021 12:50pm Mar 7, 2021 12:50pm
Here's a trade in the USD/CAD, same thing no doji so you have to get out at the first green candle.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-d1-oanda-division1-88.png Size: 52 KB
Patience, let the trade come to you.
  • #13,686
  • Mar 7, 2021 1:13pm Mar 7, 2021 1:13pm
This is the biggest trade I have seen, it's a 1,200 pip sell trade.
Attached Image (click to enlarge)
Click to Enlarge Name: audjpy-d1-oanda-division1-44.png Size: 42 KB
Patience, let the trade come to you.
  • #13,687
  • Mar 7, 2021 3:45pm Mar 7, 2021 3:45pm
When the market opens I think you''ll see a quick move higher.

Then all those buyers on the right side of the chart are going to be trapped and they'll have to close out they're trades.

30 minutes after the market opens I'll be a seller.

I expect to be in this trade for days.

Good luck trading.
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf-d1-oanda-division1-8.png Size: 38 KB
Patience, let the trade come to you.
  • #13,688
  • Mar 7, 2021 5:31pm Mar 7, 2021 5:31pm
Quoting Houtbay
Hi Pokerchip, Gbpaud also presents as a sell trade.
Hello Houtbay, it probably is.

I'm only hunting the very best sells.

" The Break The MM System " is very picky, it only chooses the very best buys or sells.

GBP/AUD is not even close, sorry maybe some day.

When I put my money on the line I only want winners.
Patience, let the trade come to you.
  • #13,689
  • Mar 7, 2021 5:35pm Mar 7, 2021 5:35pm
Quoting Houtbay
Where are you based in USA? My brother lives in Houston. It must be difficult trading in the US in terms of the European time differences. The market moves much slower.
I live in Indiana.

I love to trade.

I sleep in my chair, just kidding.
Patience, let the trade come to you.
  • #13,690
  • Mar 8, 2021 12:35pm Mar 8, 2021 12:35pm
Indiana is that the farming belt of America? You next generation millionaires will be farmers.
  • #13,691
  • Mar 8, 2021 6:36pm Mar 8, 2021 6:36pm
EUIR/JPY will be my next buy limit if it gets there.

This is the only pair that's ready to move higher after it retraces.

After researching 27 pairs.

Good luck trading.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy-d1-oanda-division1-2.png Size: 51 KB
Patience, let the trade come to you.
  • #13,692
  • Mar 9, 2021 8:14pm Mar 9, 2021 8:14pm
While your system would be a lot more interesting to hear about, I can post an entry from a set of rules I've been working on that gets me in a little later, but around the same area. The box here is drawn backward from the big red outside bar that was just formed on the right. The box encompasses four complete candle bodies before the outside bar itself, which is one indication to me that the bar is meaningful. The indicators at the bottom are for confirmation, one (the dots) being a multi-timeframe Heikin Ashi to tell me when it goes from green to red. The other is a TDI crossover.

In addition to this entry, I'll open a limit sell at the 1.1117 level in case price retraces. This second entry can get me a 2R winner if price forms railroad tracks and consolidates, even if the original entry doesn't work out.
Attached Image (click to enlarge)
Click to Enlarge Name: 43f04f89428fe782af3304e649c5bd7e.png Size: 162 KB
  • #13,693
  • Edited 2:42pm Mar 10, 2021 10:56am | Edited 2:42pm
I'm buying NAZD/USD at .71750

I'm selling USD/CAD at 1.26450

Note: Do not pay any attention to USD/CAD moving north this is a fake out. The true direction is south or down.

Note: Never forget this, " the slow steady incline or decline is always going to be the correct direction.

When you see the quick moves, that's the market maker trying to get you to bit on his quick moves. Don't fall for the trap. Believe me, I've been trapped so many times that I can't count them all.

Right now 12:46 my time. There is a stop loss cluster at .72194 on NZD/USD this is where NZD/USD heading. I'm closing out at .72194

Good luck trading.
Patience, let the trade come to you.
  • #13,694
  • Mar 10, 2021 10:59am Mar 10, 2021 10:59am
Quoting fiveseventen
While your system would be a lot more interesting to hear about, I can post an entry from a set of rules I've been working on that gets me in a little later, but around the same area. The box here is drawn backward from the big red outside bar that was just formed on the right. The box encompasses four complete candle bodies before the outside bar itself, which is one indication to me that the bar is meaningful. The indicators at the bottom are for confirmation, one (the dots) being a multi-timeframe Heikin Ashi to tell me when it goes from green...
Excellent job fiveseventeen.

I hope you use the Heiken Ashi candles some day, they will help you.

Poker Chip
Patience, let the trade come to you.
  • #13,695
  • Edited 2:41pm Mar 10, 2021 12:46pm | Edited 2:41pm
Note: Look at the slow steady climb up on the 15 minute chart of NZD/USD, this is what I was talking about " the slow and steady ".

This is correct direction until .72194

The reason this is a steady climb is because the market maker is slowly getting sellers below to close out they're trades.

I hope that your trading knowledge is growing as well as your forex account from these trades.

Remember when a pair is moving higher you will see red candles along the way up. This is the market maker trying to get buyers to close the trade because the market maker doesn't want you to grow your account. He intends to take your account by fake moves.


Good luck trading
Patience, let the trade come to you.
  • #13,696
  • Mar 10, 2021 3:03pm Mar 10, 2021 3:03pm
I just closed my USD/CAD and NZD/USD trades.

Volume falling

Histogram falling.
Patience, let the trade come to you.
  • #13,697
  • Edited 9:45pm Mar 10, 2021 7:26pm | Edited 9:45pm
I just entered a buy trade in NZD/USD at .71931

Trade closed at .72093
Patience, let the trade come to you.
  • #13,698
  • Edited 4:42pm Mar 11, 2021 8:42am | Edited 4:42pm
Update: My USD/CHF sell at .92894 is still running.

Still in this trade.
Patience, let the trade come to you.
  • #13,699
  • Mar 12, 2021 8:35am Mar 12, 2021 8:35am
Quoting PokerChip
{quote}... I hope you use the Heiken Ashi candles some day, they will help you. Poker Chip
Can you elaborate on how you use the candles other than changing from red to green? I'm in an AUDJPY shown in the first pic. As you can see it's stalling at the previous high before the 85.00 level. The second pic is with HA candles. Can you tell me how you'd make use of the HA candles here?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: f252755047b43a107d1d237459919a0c.png Size: 125 KB
  • #13,700
  • Mar 12, 2021 8:36am Mar 12, 2021 8:36am
I just bought NZD/USD at .71603

I have sold USD/CAD at 1.25369

Good luck trading.
Patience, let the trade come to you.
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