The Jail Break System | Page 713 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Break Out + Pull Back & Pure Break Outs 59 replies

BB break + trendline break 24 replies

Looking for L > Break High Break Low Indicator 1 reply

A break below - A Break Above Question 1 reply

Attachments: The Jail Break System
Exit Attachments

The Jail Break System

  • #14,241
  • May 29, 2021 9:50am May 29, 2021 9:50am
Quoting Houtbay
It’s possible that everything I predict is wrong.
Your never wrong when your trying to do the right thing.
Patience, let the trade come to you.
  • #14,242
  • May 29, 2021 9:52am May 29, 2021 9:52am
Quoting Celal
Hi PokerChip, Thank you for all. Stay well.
You're welcome.

Thank you.
Patience, let the trade come to you.
  • #14,243
  • May 29, 2021 9:56am May 29, 2021 9:56am
NZD/USD 1 hour chart.

I think it moves higher to .72800 then down.

I think this pair moves lower to support.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h4-oanda-division1-b.png Size: 96 KB
Patience, let the trade come to you.
  • #14,244
  • May 29, 2021 10:24am May 29, 2021 10:24am
I think eurnzd will be a good buy to the upside.
  • #14,245
  • May 29, 2021 10:29am May 29, 2021 10:29am
Sorry not to the upside but to the downside
  • #14,246
  • May 29, 2021 10:46am May 29, 2021 10:46am
If there is going to be rising inflation then the commodity currencies will increase in value. Commodities tends to be an inflationary hedge.
  • #14,247
  • May 29, 2021 11:13am May 29, 2021 11:13am
Quoting Houtbay
If there is going to be rising inflation then the commodity currencies will increase in value. Commodities tends to be an inflationary hedge.
Gold is the best, you have lots of it.
Patience, let the trade come to you.
  • #14,248
  • May 29, 2021 11:53am May 29, 2021 11:53am
Silver the cheaper precious metal, is still a lot more under valued than gold. Silver is still standing at about a third of what it was worth at its all time high.
  • #14,249
  • May 29, 2021 11:58am May 29, 2021 11:58am
Also look at uranium it’s at the beginning of a boom. A good stock to follow uec.
  • #14,250
  • May 29, 2021 7:11pm May 29, 2021 7:11pm
Quoting Houtbay
Also look at uranium it’s at the beginning of a boom. A good stock to follow uec.
It must be a good company.

It's listed on the NYSE.
Patience, let the trade come to you.
  • #14,251
  • May 30, 2021 4:24am May 30, 2021 4:24am
Gbpusd should have a small retracement before it moves upwards again.
  • #14,252
  • May 30, 2021 8:20am May 30, 2021 8:20am
GBP/USD 1 hour chart.

I think it will move lower today to 1.41500

Then move higher.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-oanda-division1-b.png Size: 116 KB
Patience, let the trade come to you.
  • #14,253
  • May 30, 2021 10:02am May 30, 2021 10:02am
Gbpusd between 1.41500-1.41650 support.
  • #14,254
  • Edited 3:45pm May 30, 2021 11:25am | Edited 3:45pm
Hi PokerChip,
I did some pratics on H1 charts with your system, it looks very good. If you had little money what was your take profit level, 30 or 50 pips or waiting the change of HA candle. Do you use stop loss ıf you began to use, how many pips.?
How many profitable trades you have in ten trades approximately (profitable trades/total trades), because I coudn't make backtest.
Can we think MM also use this %R Williams indicator while trading? Thank you for all..
  • #14,255
  • May 31, 2021 8:26am May 31, 2021 8:26am
Quoting Celal
Hi PokerChip, I did some pratics on H1 charts with your system, it looks very good. If you had little money what was your take profit level, 30 or 50 pips or waiting the change of HA candle. Do you use stop loss ıf you began to use, how many pips.? How many profitable trades you have in ten trades approximately (profitable trades/total trades), because I coudn't make backtest. Can we think MM also use this %R Williams indicator while trading? Thank you for all..
Hello Celal,
Yes it's very accurate, so far. Before I pull the trigger I want to see the 20 ma cross the Williams 12-2 to buy or 4-6 for a sell. ( I can't stress this

enough ) buy/sell it tells how strong the trade will be. I like to get 20 pips hopefully, maybe a bit more. I never use a stop loss because it puts me in the herd.

9 out of 10 trades in profit is about as good as it can get.

Luciano26 a trader here has told me he made 20-21 trades in profit.

I think the back test is over rated, it's just a test. It's not real time trading.

I doubt if the MM uses the Wiliams % R. I think he/she is just trapping 24 hours day. They just build up the herd and then take the price the other way.

Good luck with new and improved Jail Break.
Patience, let the trade come to you.
  • #14,256
  • May 31, 2021 9:13am May 31, 2021 9:13am
Hi PokerChip,
Thank you again and and again, for sharing this system with us, Now I'm trying in demo, the results excite me. Stay well, I wish you green pips and health.
  • #14,257
  • May 31, 2021 10:50am May 31, 2021 10:50am
Quoting Celal
Hi PokerChip, Thank you again and and again, for sharing this system with us, Now I'm trying in demo, the results excite me. Stay well, I wish you green pips and health.
You're welcome.

Let me know if you have any other questions.
Patience, let the trade come to you.
  • #14,258
  • May 31, 2021 10:59am May 31, 2021 10:59am
GBP/JPY 1 hour chart.

This is a good chart to show how powerful the combination of the Williams % R and the 20 day moving average really is.

Look at the white box and how the 20 ma blew right threw the Williams % R at about 1 o'clock.

This will more than likely reach 156.000 about 40 more pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-h1-oanda-division1-d.png Size: 82 KB
Patience, let the trade come to you.
  • #14,259
  • May 31, 2021 11:22am May 31, 2021 11:22am
I sold chfjpy
  • #14,260
  • Edited 11:49am May 31, 2021 11:35am | Edited 11:49am
GBP/USD 1 hour chart.

Strong move in the Williams % R

It might make it to 1.42500

Note: I don't see this signal on the Williams % R going away any time soon.

The reason is this, the MM makes a quick move to trap those sellers.

That's the reason for the strong move threw the 20 day ma by the Williams % R

Remember were looking for 12-2 move for a buy or a 4-6 move for a sell. If it's not, I recommend not making the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-oanda-division1-e.png Size: 116 KB
Patience, let the trade come to you.
8 traders viewing now