The Jail Break System

Ntk we are all very good at over complicating everything. The simpler one keeps the decision making process the better. Simplification leads to replication and confidence in making decisions.

So are sticking to BTMM, like signal at beginning of the market opening hours? or just PA?

Ntk I only look at pa. But every trader is different and do what works for you. Your end of week results will tell you if your approach is correct or incorrect.

Eurusd is in an upwards trend. Tp 1.2070

If gold breaks 1792 then the path should be downwards.

What you think of buying GC, TP 50pips 1.7410, @Houtbay?

could not see how EU can go that far, could you explain?

When do you think CAD price come back to the level before the yesterday BoC news it skewed all CAD pairs badly?

Gold is a long currently. If it breaks 1792 then will continue upwards

Could you please present your EU chart, I would like to compare the key levels and learn more from the levels you found pls.

Gold is a buy upwards at the moment.

Golds T.p today should be 1798

Gold sucking in buyers before it sells down again.

Gold sucking in buyers before it sells down again

AUD/USD update on the daily.

We have a solid 1st level.

Don't be fooled, this pair isn't ready to drop just yet.

I'm looking for the air to trade horizontal until the buyers build up.

This could take 3-7 days.

Patience

Patiente game it´s on...hope you're right and the AUD/USD isn't dropping...
Bedankt from AMS!

1780 for gold will determine the trend for next. Below is short, above is long

My opinion concerning gold is that gold will move up towards resistance 1780-1783. If this level becomes support then gold will move to 1793-1798. If this level becomes resistance then gold will move to 1769-1764

[quote=PokerChip;12490136]This is a forex system " The Jail Break System " that I started working on in June of 2010 after losing exactly $330,000 dollars from multiple forex accounts that begin in 2008.

Dear Brad, Sir
First of all bow down to your efforts and time you've put into this thread, your openly shared experience, ideas, and the System you brought out to traders!!!
I find it really valuable.
Last week started to read this thread from post #1 and finally got to almost an end of it)))))
As a newbie trader do my best to learn from experienced traders who share their knowledge. And following the Jail Break System in theory, from tomorrow's day trade practice on a demo account. Might be a bit annoying here with questions, sorry for that but try to find the answer myself first by reading posts.

Thanks again

There are various cycles which present in us all, and around us in a daily basis. A cycle which is visible on a daily basis is the lunar cycle or the tide cycle. Within each of us is the ageing cycle, the heart cycle, the breathing cycle. Life follows various cycles on a daily basis, we are all however not aware of the subtle changes. In trading, Gann and various successful traders followed the movement of price over time.

There is no randomness to anything, everything follows the course of a cycle from price, to water, to energy, to the human being.

I have been testing the Williams percent range for almost 2 weeks now.

What I have noticed is this.

Once it gets to over bought area above the line, this is when I start buying.

And once it gets into the over sold area below the line, this is when I start selling.

I know it's crazy but it works well.

Here's proof, I bought CAD/JPY 87.271 about one minute ago.

2 minutes later I have sold USD/CHF at .91352

So the trend is your friend. Until it's not.