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The Jail Break System

  • #14,581
  • Edited 1:04pm Jul 1, 2021 12:29pm | Edited 1:04pm
Note: If you can learn to trade with the Williams % R and the 20 day moving average incorporated.

You are going to be profitable.

I prefer trading with the 15 minute and the 1 hour charts.
Patience, let the trade come to you.
  • #14,582
  • Jul 1, 2021 1:16pm Jul 1, 2021 1:16pm
USD/CHF 15 minute chart.

Batman ears.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-m15-oanda-division1-d.png Size: 74 KB
Patience, let the trade come to you.
  • #14,583
  • Jul 1, 2021 1:43pm Jul 1, 2021 1:43pm
Hi Pokerchip. sorry for asking to much question
All of this is valid as batman ear, could you explain which entry you will take and how is relate to W%R and MA 20.
Attached Image (click to enlarge)
Click to Enlarge Name: 8X190tgi.png Size: 134 KB
  • #14,584
  • Jul 1, 2021 2:44pm Jul 1, 2021 2:44pm
Quoting potay90
Hi Pokerchip. sorry for asking to much question All of this is valid as batman ear, could you explain which entry you will take and how is relate to W%R and MA 20. {image}
Hey, ask as many questions as you need. I'm here to help.

Okay, looking at the Williams % R, we know that the trend for the US currencies is higher and higher.

Any time you see a retracement in this case it's the USD/CAD pair and you can be a buyer if it makes a inverted " M " which is a " W " when it passes north of the -80.

That's the earliest that I would recommend entering the trade.

All 7 of those boxes on your chart are what I consider safe trades.

If you want the safest trade, wait until the Williams %R passes the 20 day moving average.

But you now should have the confidence to make any trade when you see trades just like you have pointed out.

Again if you see the Batman ear above the -20 and it's dropping that going to be a good trade as well.

This happens on all pairs.
Patience, let the trade come to you.
  • #14,585
  • Jul 1, 2021 10:25pm Jul 1, 2021 10:25pm
HI Pokerchip, i have been trying to get the Williams percent and moving avg on the same indicator window.... do you have a way to do this? or is it a custom indicator? Thankyou
  • #14,586
  • Jul 1, 2021 11:04pm Jul 1, 2021 11:04pm
Quoting Coasty
HI Pokerchip, i have been trying to get the Williams percent and moving avg on the same indicator window.... do you have a way to do this? or is it a custom indicator? Thankyou
Go to the Navigator.
Find the moving average.
Drag it to the Williams %R.
Click on it and open it up.
You want the very bottom application.
Let me know if you have any problems.
Patience, let the trade come to you.
  • #14,587
  • Jul 2, 2021 12:20am Jul 2, 2021 12:20am
Trend for Eurusd and Gbpusd is down. Both pairs are retracing before they sell down again.
  • #14,588
  • Jul 2, 2021 12:38am Jul 2, 2021 12:38am
Gbpcad trend is down.
  • #14,589
  • Jul 2, 2021 12:52am Jul 2, 2021 12:52am
Quoting Coasty
HI Pokerchip, i have been trying to get the Williams percent and moving avg on the same indicator window.... do you have a way to do this? or is it a custom indicator? Thankyou
You can try my suggestion in #Post 14,566
  • #14,590
  • Jul 2, 2021 1:20am Jul 2, 2021 1:20am
USDCad trend is up
  • #14,591
  • Jul 2, 2021 4:32am Jul 2, 2021 4:32am
Hi poker chip do you consider this as sell signal? on h4
Attached Image (click to enlarge)
Click to Enlarge Name: EUR-AUD 2-7-21.png Size: 100 KB
  • #14,592
  • Jul 2, 2021 6:29am Jul 2, 2021 6:29am
Quoting potay90
Hi poker chip do you consider this as sell signal? on h4 {image}
No, you would want the " M " at the top above the -20 and the " W " at the bottom below the -80.

Look at the June 28" W ", do see that. See how you have the " W " below the -80 then the cross of the 20 day moving average. That's the perfect setup right there.

I would have taken that trade.

Also at he " M " on the left that you have highlighted. That would have been a good trade too.

You highlighting the trades, so your seeing the the trades.

I would keep practicing the setups.

You'll get there soon.
Patience, let the trade come to you.
  • #14,593
  • Jul 2, 2021 7:36am Jul 2, 2021 7:36am
Quoting PokerChip
{quote} No, you would want the " M " at the top above the -20 and the " W " at the bottom below the -80. Look at the June 28" W ", do see that. See how you have the " W " below the -80 then the cross of the 20 day moving average. That's the perfect setup right there. I would have taken that trade. Also at he " M " on the left that you have highlighted. That would have been a good trade too. You highlighting the trades, so your seeing the the trades. I would keep practicing the setups. You'll get there soon.
Thank you very much from now on could i post some set up that i think relate to batman ear in here?, so that you just take out some comment and point out my mistake?.
  • #14,594
  • Jul 2, 2021 7:54am Jul 2, 2021 7:54am
Quoting potay90
{quote} Thank you very much from now on could i post some set up that i think relate to batman ear in here?, so that you just take out some comment and point out my mistake?.
You bet, I'll be happy to help.

That's what I'm here for is to help.
Patience, let the trade come to you.
  • #14,595
  • Jul 2, 2021 7:55am Jul 2, 2021 7:55am
NZD/USD 15 minute chart.

Here's the left half a Batman ear.

Just have to sit and wait for the right side Batman ear to appear.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-m15-fx-glory-group-a-2.png Size: 86 KB
Patience, let the trade come to you.
  • #14,596
  • Jul 2, 2021 8:14am Jul 2, 2021 8:14am
Enjoy your weekend Pockerchip. How are you today?
  • #14,597
  • Jul 2, 2021 8:23am Jul 2, 2021 8:23am
NZD/USD 15 minute chart.

Not this current candle, but the next candle should be down to complete the " M ".

Lets see what happens.

All most there.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-m15-fx-glory-group-a-2.png Size: 86 KB
Patience, let the trade come to you.
  • #14,598
  • Jul 2, 2021 8:23am Jul 2, 2021 8:23am
Quoting Houtbay
Enjoy your weekend Pockerchip. How are you today?
Houtbay, I'm trying to wake up.

I stayed up to late watching a movie.

I hope you have a great weekend.
Patience, let the trade come to you.
  • #14,599
  • Jul 2, 2021 8:32am Jul 2, 2021 8:32am
Quoting PokerChip
{quote} Go to the Navigator. Find the moving average. Drag it to the Williams %R. Click on it and open it up. You want the very bottom application. Let me know if you have any problems.
PokerChip, thanks for reply.... every time i drag the MA to the W%R at the bottom indicator window, Mt4 puts the MA on the price chart and not the Indicator window, any instructions i am missing?
  • #14,600
  • Jul 2, 2021 8:49am Jul 2, 2021 8:49am
Okay drag the moving average to the Williams.

Click on apply to: it and open it up.

Scroll down to the First Application Data, and select that one.

You'll be good to go.
Patience, let the trade come to you.
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