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The Jail Break System

  • #13,981
  • May 1, 2021 10:52am May 1, 2021 10:52am
Hi PokerChip,
Thank you very much.
  • #13,982
  • May 1, 2021 10:56am May 1, 2021 10:56am
Quoting Celal
Hi PokerChip, Thank you very much.
You're welcome

I'm going to post some buys and sells today for Monday.
Patience, let the trade come to you.
  • #13,983
  • May 1, 2021 11:14am May 1, 2021 11:14am
Quoting PokerChip
{quote} You're welcome I'm going to post some buys and sells today for Monday.
Thank you so much PokerChip, i have been reading your thread for months, is there a link for the Indicator or system. i went to page 1 and there is only the PDF file of the system ?
"When you lose, you learn to Win" - Snr Me
  • #13,984
  • May 1, 2021 11:22am May 1, 2021 11:22am
I have a buy on the daily chart for USD/JPY, CAD/JPY, CHF/JPY, CAD/CHF.

I have a sell on the daily chart for GBP/CHF, AUD/CHF.

Each of trade will have at least 20 pip profit.

This is based on the continuing trend.

Important Note: Once a pair gets into the over bought zone it stays there and then moves higher because retail traders see it as over bought and they become sellers and the market maker traps them and forces them to close the trade.

What this means is the sentiment is probably 75% sellers and 25% buyers. The market maker will keep moving the pair higher because he's got all those sellers trapped at the top.

As for a pair that enters the over sold zone the market maker see's these buyers come in and he waits until he has enough buyers trapped and pushes the pair lower and lower forcing them to close their trades.

Sentiment for the over sold is also probably 75% buyers an 25% sellers.

This is how the forex game is played 90% of the time.
Patience, let the trade come to you.
  • #13,985
  • May 1, 2021 11:36am May 1, 2021 11:36am
Quoting Mavzo
{quote} Thank you so much PokerChip, i have been reading your thread for months, is there a link for the Indicator or system. i went to page 1 and there is only the PDF file of the system ?
Use Williams Percentage Range Indicator

When it gets to -20, the over bought zone. I place a buy entry.

When it gets to -80 the over sold zone. I place a sell entry.

This all happens on the daily chart only.

I think the market maker keeps moving in our buy/sell trades until he's done trapping.

I got 54 pips in AUD/CAD yesterday on a sell trade.

This is how I use the Williams Percentage Range Indicator.

Note: The Haiken Ashi candles will help you stay in the trade.
Patience, let the trade come to you.
  • #13,986
  • May 1, 2021 11:47am May 1, 2021 11:47am
Quoting PokerChip
{quote} Use Williams Percentage Range Indicator When it gets to -20, the over bought zone. I place a buy entry. When it gets to -80 the over sold zone. I place a sell entry. This all happens on the daily chart only.
Sorry to seem to ask silly questions, the same setup i do a RSI is how i can set it up the 14 period setting and levels 0-100 as well ? or there are other specific setting ?
I would love to have your setting you placed on this Indicator and read it correctly as you mentioned it in the system.

The boxes you mentioned in the system do we manually draw those using last high and last low of the: eg SY and TK session and getting ready to trade LN into NY ? or there is a indicator i can use ? or i can make of the breakout boxes Indi?
"When you lose, you learn to Win" - Snr Me
  • #13,987
  • May 1, 2021 11:55am May 1, 2021 11:55am
Believe me there are no silly questions in forex, lol.

I've tried using the RSI for this way to trade, it doesn't work.

The Williams Percentage Range Indicator is the only tool that I have found that works.

I draw the boxes manually.

Use the boxes as a break out.
Patience, let the trade come to you.
  • #13,988
  • May 1, 2021 11:59am May 1, 2021 11:59am
Quoting PokerChip
Believe me there are no silly questions in forex, lol. I've tried using the RSI for this way to trade, it doesn't work. The Williams Percentage Range Indicator is the only tool that I have found that works. I draw the boxes manually.
Ok great, so what i the correct settings i can place or you have a template i can make use of ?
"When you lose, you learn to Win" - Snr Me
  • #13,989
  • May 1, 2021 12:07pm May 1, 2021 12:07pm
I just draw the boxes, you'll have to learn to see the pattern.

Look for railroad tracks, this will help you a lot.
Patience, let the trade come to you.
  • #13,990
  • Edited 4:06pm May 1, 2021 12:25pm | Edited 4:06pm
Quoting PokerChip
I just draw the boxes, you'll have to learn to see the pattern. Look for railroad tracks, this will help you a lot.
...thank you i have learnt to draw on charts and more manually now.
On the setting did i do correctly looking at this 4H chart ?Attachment G
"When you lose, you learn to Win" - Snr Me
  • #13,991
  • May 1, 2021 12:30pm May 1, 2021 12:30pm
Quoting Mavzo
{quote} ...thank you i have learnt to draw on charts and more manually now. On the setting did i do correctly looking at this 4H chart ?{image}
Yes, the 4 hour chart will work if that's what you are use to.

And you're welcome.
Patience, let the trade come to you.
  • #13,992
  • May 1, 2021 12:40pm May 1, 2021 12:40pm
Mavro,
When you see these railroad tracks, that's a signal that change is coming.
Patience, let the trade come to you.
  • #13,993
  • Edited 4:07pm May 1, 2021 12:46pm | Edited 4:07pm
Quoting PokerChip
Mavro, When you see these railroad tracks, that's a signal that change is coming.
I been learning to Visualize these these are the ones i clearly saw. Improving on it to train my eyes.Attachment g
"When you lose, you learn to Win" - Snr Me
  • #13,994
  • May 1, 2021 12:47pm May 1, 2021 12:47pm
Quoting Mavzo
{quote} I been learning to Visualize these these are the ones i clearly saw. Improving on it to train my eyes.{image}
You got it.

Good work.
Patience, let the trade come to you.
  • #13,995
  • May 1, 2021 12:51pm May 1, 2021 12:51pm
Mavzo,
Now, look down at your Williams Percentage Range Indicator. You can see that when it reaches the over bought zone it stays there.
This will help you stay in the buy trade. As long as it stays in the over bought zone, -20 or less.
When it drops out of the over bought zone it's a good idea to close the buy trade.
Patience, let the trade come to you.
  • #13,996
  • May 1, 2021 12:56pm May 1, 2021 12:56pm
Quoting PokerChip
Mavzo, Now, look down at your Williams Percentage Range Indicator. You can see that when it reaches the over bought zone it stays there. This will help you stay in the buy trade. As long as it stays in the over bought zone, -20 or less. When it drops out of the over bought zone it's a good idea to close the buy trade.
Thank you, like you mention timing is everything and some times you have to wait then strike. Its been a long read of every post but i have been seeing this improvement.
"When you lose, you learn to Win" - Snr Me
  • #13,997
  • May 1, 2021 1:00pm May 1, 2021 1:00pm
Quoting Mavzo
{quote} Thank you, like you mention timing is everything and some times you have to wait then strike. Its been a long read of every post but i have been seeing this improvement.
You're welcome. Your right, the market maker wants you to be in a hurry and make a quick trade buy or sell.

Trending pairs work very well for buys or sells. It's the ranging pairs that I stay away from. I've made so many bad trades in ranging pairs looking for the quick profit, only to get stuck and have to close the trade in a loss.

If you can stay patient you'll be a good trader.
Patience, let the trade come to you.
  • #13,998
  • May 1, 2021 1:08pm May 1, 2021 1:08pm
Quoting PokerChip
{quote} You're welcome. Your right, the market maker wants you to be in a hurry and make a quick trade buy or sell. Trending pairs work very well for buys or sells. It's the ranging pairs that I stay away from. I've made so many bad trades in ranging pairs looking for the quick profit, only to get stuck and have to close the trade in a loss. If you can stay patient you'll be a good trader.
Thank you Sir....I inspire to be one Sir and Stay Disciplined as well, which is not easy to do.
"When you lose, you learn to Win" - Snr Me
  • #13,999
  • May 1, 2021 1:12pm May 1, 2021 1:12pm
Quoting Mavzo
{quote} Thank you Sir....I inspire to be one Sir and Stay Disciplined as well, which is not easy to do.
You're welcome. I'm glad to help. You'll be fine once you understand the true trend of a pair.

Each pair is different. Each market maker is different. If you can learn the way the market maker trades for a pair that's half the battle.

The Williams Percentage Range Indicator will help you beyond belief.

When your in the profit, the market maker wants you to close your trade asap.

Don't let him tell you when you'll exit. I don't use a stop loss either.

Try to get into a trade for at least 20 pips, this will give you confidence.
Patience, let the trade come to you.
  • #14,000
  • May 1, 2021 1:19pm May 1, 2021 1:19pm
Quoting PokerChip
{quote} You're welcome. I'm glad to help. You'll be fine once you understand the true trend of a pair. Each pair is different. Each market maker is different. If you can learn the way the market maker trades for a pair that's half the battle. The Williams Percentage Range Indicator will help you beyond belief. When your in the profit, the market maker wants you to close your trade asap. Don't let him tell you when you'll exit. I don't use a stop loss either. Try to get into a trade for at least 20 pips, this will give you confidence.
Thank, you Sir....i will make use of that...opening my Mind to better Trading.
"When you lose, you learn to Win" - Snr Me
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