The Jail Break System

Hello tjanos2000,

That chart is so cool.

I think if you apply those to the daily chart it will help you more.

I mainly trade the daily chart now.

I also think these Fractal would make a really good EA. The Fractals tell the story of the pair just by looking at the chart.

The Railroad tracks " tell you the truth that change is coming ", which can save you some cash in your account.

Thanks for posting.

EUR/USD daily chart update.

I'm looking for the pair to move up to the top of the box trapping buyers.

Then down again in a couple of days or so.

AUD/USD daily chart update.

Right now the pair is in the middle of the 2nd level box.

I'm looking at this pair to start moving up to the top of the box because the MM has many sellers trapped below, and the MM has to get those sellers to close their positions for the pair to move lower (south).

This is the pair that I've been trapped in since June 15th of last year. .68137 is the magic number.

Hopefully the pair will move lower next week.

We will see.

Thanks for replying.

I added the M-Candles indicator to view the daily action.


https://www.forexfactory.com/attachm...ew_thumbnail=1

Thanks Pockerchip, I am understanding now the process of the game. You and Prozor have helped opened my eyes to see what I never saw before.

Well thank you Houtbay.

Prozor will help any trader, he's got a big heart.

tjanos2000,
If you look 2 highlighted areas of the RSI chart. You can see the " M " patterns. They're not a perfect " M " but they serve a purpose of telling you
a pair is about to drop. This is the market maker's signature. They all have the same signature.

There is also a " Shark fin " on the RSI as well. This also means a drop is coming.

So when you see these " M " and the " Shark Fin ". You know what comes next.

Also look for the " W " and the inverted " Shark Fin ".

Pockerchip you don’t think Eurusd will sell down from its current level, and not reach the top of the box.

If you look at the left side of the chart you'll see the sellers, a lot of sellers are now trapped.

The MM will keep pushing higher until those sellers have closed their trades, usually below 1.5%

Right now the sellers are at 2.49%

I think the pair moves to 1.19670 before moving lower.

I'm a buyer Sunday night.

45.0% loss sellers are on the left side in the midnight blue.

I have never looked at sellers or buyers.

Fxssi is a whole new world.

It tells you on 11 pairs where the sellers and buyers are.

This is what the market maker see's in real time.

Fxssi is delayed 20-25 minutes, it suppose to post at the top of the hour, 20 minutes after the hour, and 40 minutes after the hour.

You might want to check it out.

Email me if you want any other information, or if anyone else wants more information on it, please private message me.

Thank you

Yes I agree the long term direction is definitely down in terms of my analysis

What is your email? Thank you.

Private message me here.

Thanks. So then if market makers are determining moves on amount of buyers and sellers then the market is totally manipulated. However I can determine direction and most profitable point to buy or sell. So in this case if the direction is down then the closer to the top of the box the better my prospects for profit, however no one truelly knows if price will rise all the way up to the top.

100% correct.

When you know the true direction, in this case it's down. I would recommend that you wait until the top of the box is reached. Then be a seller.

When the MM has to many buyers a pair will go down, that's just the way forex is manipulated. The MM runs the show, were just contestants trying to scrap out a profit.

Look at EUR/USD chart, it's reversed and so has it's cousins, AUD/USD and distant cousin NZD/USD.

Here's the way I trade a pair when I know the direction.

1. The very first thing that I do is look at the RSI on the daily chart, I look for the " M ", " W ", or the " Shark Fin ".

2. If I can see the buyers and sellers on fxssi I can then guess which direction the MM is about move the pair.

3. I drop down to the 4 hour and wait for my entry. I'm looking for 10-15 pips because I use 2 standard lots.

4. If I can get 10 pips I'm closing the trade, but if the pair takes off and runs I'll stay in the trade until my greed is satisfied, 20 pips satisfies my greed every time. Then I close the trade.

5. It's a business, that's all it is to me. Any profit is better than no profit, plus it keeps you out of being trapped by the MM. Which he's a master of trapping, I'm proof of that.

6. The MM needs time to trap a good trader, 10-15 pips I my view doesn't have enough time to set up the trap.

7. I trade best when I enter a trade when the flow of a pair is moving north or south. Usually after the 9:30am market open in NY.

I hope this helps.

I have been doing some back testing on a EA idea that I had a programmer develop for me. I'm working on for exclusively the 5 minute chart. This EA has a profit factor of 5.0 and 5.33 also 3.75 and 3.72 on 4 different pairs. 3 of these pairs are not major pairs, sad to say.

Anyway when its done I'll run it live and see how it works out and let you know the results.

Here's something else that's going to effect all currency pairs in the future.

The Nasdaq and the Dow Jones are both at peaks, (all time highs).

When both markets start to descend it's my belief that all currency pairs that are paired to the U.S. Dollar will fall dramatically. The Dollar is the safe haven. (I don't know how since were 28 Trillion in debt).

And they might fall anywhere from 50%-80% when it's all said and done.

Personally I look for both markets to fall at least 70% in 3 years.

I think the bottom will be 2024. (Election year)

So, when the peak is reached on both markets, I think it will take 3 years to reach the bottom.

I also think that each market will fall 30% in the first 3 months.

You can't have publicly held companies with multiples of PE 55 x earnings, Amazon has a multiple of PE 6 x earnings. Which is normal

These companies are way over valued, that's way these markets are coming down at least 70%.

Just my view.

10-15 pips seems like a small reward for a calculated risk.

In an inflationary environment one has to be invested in hard assets. Land, property and commodities.