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The Jail Break System

  • #14,541
  • Jun 29, 2021 8:40am Jun 29, 2021 8:40am
Quoting Houtbay
Going to the moon
I think that's a fake out to the north.
Patience, let the trade come to you.
  • #14,542
  • Jun 30, 2021 3:23am Jun 30, 2021 3:23am
Hi poker chip, This system is still the same as the begin, so i will try to read in the first post to understanding your ideal.
I mean same concept, and the ideal
  • #14,543
  • Edited 9:27am Jun 30, 2021 8:52am | Edited 9:27am
Hi PokerChip,
Sometimes I can't decide the direction. 200ema direction is up at the same time the price is above the Monday Area but %R Williams cross -50 down sharply. At this position is it right to sell? Which one is the king? %R Williams or 200ema or monday area?
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-h1.png Size: 43 KB
  • #14,544
  • Jun 30, 2021 8:56am Jun 30, 2021 8:56am
USDCad is in a downward trend
  • #14,545
  • Jun 30, 2021 9:09am Jun 30, 2021 9:09am
Usdjpy is in an upward trend
  • #14,546
  • Jun 30, 2021 9:25am Jun 30, 2021 9:25am
The hardest part of trading is when nothing makes sense, eventually there is a shift and thing just seem logical. That happened to me today. One just needs staying power to finally overcome frustration
  • #14,547
  • Jun 30, 2021 10:00am Jun 30, 2021 10:00am
Quoting potay90
Hi poker chip, This system is still the same as the begin, so i will try to read in the first post to understanding your ideal. I mean same concept, and the ideal
The Jail Break System now depends on the combination of the Williams % R and the 20 day moving average. We need both to be accurate. The Williams % R will move thru the 20 day moving average up or down. I prefer the 1 hour chart.

You also want to look for Batman ears, at the top and the bottom being inverted Batman ears. This is the market maker set up to trap traders.

I'll post some Batman ears so you and anyone else will see it. Once you se it, you can't un-see it.
Patience, let the trade come to you.
  • #14,548
  • Jun 30, 2021 10:10am Jun 30, 2021 10:10am
Quoting Celal
Hi PokerChip, Sometimes I can't decide the direction. 200ema direction is up at the same time the price is above the Monday Area but %R Williams cross -50 down sharply. At this position is it right to sell? Which one is the king? %R Williams or 200ema or monday area? {image}
As long as your on the 1 hour and the pair is and has been above the 200 day moving average you'll be good.

The king is the 200 day moving average for sure.

The Monday daily is also a strong indicator, if your above the Monday daily you will be good.

The market maker is going to try and shake you out of the trade. Lol, he doesn't want us making a profit.

You just need a little more confidence in the system and you'll be good.

The trend is up for all US pairs.
Patience, let the trade come to you.
  • #14,549
  • Jun 30, 2021 10:10am Jun 30, 2021 10:10am
NZD/USD 1 hour Batman ears.

Like right now I have been in this NZD/USD trade since last night.

The market maker has been making these moves up and down like a sewing machine.

I know that the US pairs are going back up after being beat down for a year.

So I'm staying in the trade. I'm short NZD/USD.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h1-fx-glory-group-a.png Size: 94 KB
Patience, let the trade come to you.
  • #14,550
  • Jun 30, 2021 10:29am Jun 30, 2021 10:29am
Quoting PokerChip
{quote} The Jail Break System now depends on the combination of the Williams % R and the 20 day moving average. We need both to be accurate. The Williams % R will move thru the 20 day moving average up or down. I prefer the 1 hour chart. You also want to look for Batman ears, at the top and the bottom being inverted Batman ears. This is the market maker set up to trap traders. I'll post some Batman ears so you and anyone else will see it. Once you se it, you can't un-see it.
Sorry i just reading from post 1 because i don t want to miss anything.
"The Williams % R will move thru the 20 day moving average up or down" is for 20 period and 20 MA is EMA?
Is this chart bellow is right for your concept.
Sorry i still learning so may be i am too hurry to ask...
Attached Image (click to enlarge)
Click to Enlarge Name: yUeNIYEv.png Size: 100 KB
  • #14,551
  • Jun 30, 2021 10:49am Jun 30, 2021 10:49am
Quoting PokerChip
{quote} As long as your on the 1 hour and the pair is and has been above the 200 day moving average you'll be good. The king is the 200 day moving average for sure. The Monday daily is also a strong indicator, if your above the Monday daily you will be good. The market maker is going to try and shake you out of the trade. Lol, he doesn't want us making a profit. You just need a little more confidence in the system and you'll be good. The trend is up for all US pairs.
Thank You very much.
  • #14,552
  • Jun 30, 2021 12:42pm Jun 30, 2021 12:42pm
Quoting potay90
{quote} Sorry i just reading from post 1 because i don t want to miss anything. "The Williams % R will move thru the 20 day moving average up or down" is for 20 period and 20 MA is EMA? Is this chart bellow is right for your concept. Sorry i still learning so may be i am too hurry to ask... {image}
The chart looks good.

No rush, take your time.

I use the 20 day sma.

Depend on the Batman ears on the 1 hour chart. Inverted Batman ears also, you can also see the gap on the 1 hour chart looking at the candles.

You can use the 15 minute chart once you have the 1 hour chart mastered.

Once you see the Batman ears, you can't stop seeing it.

They repeat over and over. That's one of the ways the market maker traps.
Patience, let the trade come to you.
  • #14,553
  • Jun 30, 2021 12:44pm Jun 30, 2021 12:44pm
Quoting Celal
{quote} Thank You very much.
You're welcome.
Patience, let the trade come to you.
  • #14,554
  • Jun 30, 2021 1:00pm Jun 30, 2021 1:00pm
Eurnzd a good long
  • #14,555
  • Jun 30, 2021 1:21pm Jun 30, 2021 1:21pm
GBP/JPY 1 hour chart.

Here's another example of the Batman Ears.

The white box inside the Williams % R.

I'll also show examples of inverted Batman ears.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-fx-glory-group-b.png Size: 90 KB
Patience, let the trade come to you.
  • #14,556
  • Jun 30, 2021 1:38pm Jun 30, 2021 1:38pm
Aucad a good sell down
  • #14,557
  • Jun 30, 2021 2:01pm Jun 30, 2021 2:01pm
Quoting PokerChip
NZD/USD 1 hour Batman ears. Like right now I have been in this NZD/USD trade since last night. The market maker has been making these moves up and down like a sewing machine. I know that the US pairs are going back up after being beat down for a year. So I'm staying in the trade. I'm short NZD/USD. {image}
in this chart Your setting for William R is 18 (i can not see the bat man ears if the setting is 20)? and another chart is 20.
Today i am tired of reading.
i feel like NZD/USD will push down one more time and reversal like your your approach ( i just finish reading till page 325)
Buy the way, i draw blue box like this is valid
Attached Image (click to enlarge)
Click to Enlarge Name: C7Ox7mHy.png Size: 205 KB
  • #14,558
  • Jun 30, 2021 3:26pm Jun 30, 2021 3:26pm
USDCad looks like it will sell down again before it moves up again. Looks like the short term trend will be down
  • #14,559
  • Jun 30, 2021 5:51pm Jun 30, 2021 5:51pm
NZD/USD 1 hour chart.

Here's some inverted Batman ears.

You'll see them on every pair.

By the way, the 50 day moving average has crossed under the 200 day moving average on the 1 hour chart.

Bearish now.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h1-fx-glory-group-c.png Size: 88 KB
Patience, let the trade come to you.
  • #14,560
  • Jun 30, 2021 5:56pm Jun 30, 2021 5:56pm
Quoting potay90
{quote} in this chart Your setting for William R is 18 (i can not see the bat man ears if the setting is 20)? and another chart is 20. Today i am tired of reading. i feel like NZD/USD will push down one more time and reversal like your your approach ( i just finish reading till page 325) Buy the way, i draw blue box like this is valid {image}
You might want to adjust the Williams % R until you can see the Batman ears.

I like the 18 and 20 settings myself.

If you try adjusting you'll start seeing the Batman ears.

Your boxes are good.

Remember that the US Dollar is going higher and higher.

They'll be days when the Dollar is lowing, but the trend is higher.

Please keep this in mind and it will help you from being trapped.
Patience, let the trade come to you.
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