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The Jail Break System

  • #14,901
  • Aug 1, 2021 8:57am Aug 1, 2021 8:57am
For all you traders out there around the world that want to learn how to trade forex.

Please look at this chart, and see the entries and exits. Let this burn into your mind.

This is 99.9% perfect.

This is the best I have ever seen.

You want to learn how to trade, this chart can change your life.

Mistdraw28 is going to be a great trader.
Attached Image
Patience, let the trade come to you.
  • #14,902
  • Aug 1, 2021 9:24am Aug 1, 2021 9:24am
Quoting PokerChip
{quote} Hello Mistdraw28, By looking at this chart, If you can trade like this on every pair your going to have money to burn. I mean that. I can tell that you are already almost perfect. Your entries are really really good. Your exit's really good too. Your exits, are better than mine by the way. Don't change the way you trade. Don't worry about how small you say your account is. It won't be small for very long. Your account will grow in a hurry at this rate. Your a serious trader, and serious traders make serious profit. When you grow your account...
Thank you very much brother. I am very impressed & excited to hear your words. Wish you always healthy and happy. Once again thank you for everything.
  • #14,903
  • Aug 1, 2021 9:30am Aug 1, 2021 9:30am
Quoting mistdraw28
{quote} Thank you very much brother. I am very impressed & excited to hear your words. Wish you always healthy and happy. Once again thank you for everything.
You're welcome Mistdraw28
Patience, let the trade come to you.
  • #14,904
  • Aug 1, 2021 9:49am Aug 1, 2021 9:49am
Quoting PokerChip
{quote} You're welcome Mistdraw28
You are very experienced and very good at getting to the core of the problem which is Make money from the maker of this biggest currency market. 90% of the trading systems they follow are MAs or follow the crowd. and as you say 90% of them are slaughtered. But here, you and I just need positive pips to get money for the day, we don't lose that number of pips when it's positive. Enter and exit when there are signs of danger. Save money in your pocket. H1 too many setups per week in each pair. In D1 and W1 what do you consider before trading?
  • #14,905
  • Aug 1, 2021 10:57am Aug 1, 2021 10:57am
I do prefer the 1 hour and 4 hour charts to trade with. I do look at the daily and weekly for more conformation before I enter a trade, and I always look at sentiment. (fxblue.com) before I pull the trigger.

On the GBP/JPY pair I can see it dropping down to 151.860, I'll post a chart soon to explain why I think that.

I think it drops down and then continues it's climb north.
Patience, let the trade come to you.
  • #14,906
  • Edited 11:35am Aug 1, 2021 11:24am | Edited 11:35am
GBP/JPY 4 hour chart.

Okay here's why I said that I can see GBP/JPY drop to 151.860.

Look to the left, I see Wednesday and Thursday buyers are still in profit. The market maker has already made his move heading south now.

I think those Wednesday and Thursday buyers are on borrowed time because their profit is going bye bye. Every hour that goes by their profit is going to shrink.

If I was the market maker I sure would come back and take those buyers out.

I see the market maker coming back about 83 pips, which is my old high school football number from 48 years ago. We went undefeated that year.

And if it cuts through 151.860 like a hot knife through butter then it could go all the way down to 148.360 then turn 180 degrees and head north on a big move higher.

Sentiment is 74% sellers right now as I type this.

I highly recommend that you check the sentiment when the market opens and see where it's at before you pull the trigger.

Hopefully everyone see's the head and shoulders on the chart. Which points to the north.

The last candle is red, is below the 200 ma, which is bearish on a 4 hour chart. This is where you can get confused. Don't get confused, if the sentiment stays above 70% us buyers are good to go.

How far north ? It could reach 154.900 by the Wednesday or Friday.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-h4-fx-glory-group-b.png Size: 85 KB
Patience, let the trade come to you.
  • #14,907
  • Aug 1, 2021 2:35pm Aug 1, 2021 2:35pm
I went ahead and bought GBP/JPY at 152.360

Why now ? because sentiment tells me buyers are 25.6 %

Sellers are 74.4 %
Patience, let the trade come to you.
  • #14,908
  • Edited 6:01pm Aug 1, 2021 5:30pm | Edited 6:01pm
Quoting PokerChip
I went ahead and bought GBP/JPY at 152.360 Why now ? because sentiment tells me buyers are 25.6 % Sellers are 74.4 %
Hi PokerChip,
If sellers sentiment 74, does it mean the MM will nearly come and buy to trap these sellers? Can you tell us what we must do according to sentiment generally.
  • #14,909
  • Aug 1, 2021 6:03pm Aug 1, 2021 6:03pm
Quoting PokerChip
GBP/JPY 4 hour chart. Okay here's why I said that I can see GBP/JPY drop to 151.860. Look to the left, I see Wednesday and Thursday buyers are still in profit. The market maker has already made his move heading south now. I think those Wednesday and Thursday buyers are on borrowed time because their profit is going bye bye. Every hour that goes by their profit is going to shrink. If I was the market maker I sure would come back and take those buyers out. I see the market maker coming back about 83 pips, which is my old high school football number...
Perfect in terms of psychoanalysis of the creators what they want from us. Today is Monday. See how the market plays out so tomorrow we begin to patiently wait for the right moment for the best from the great PokerChip.
  • #14,910
  • Aug 1, 2021 7:21pm Aug 1, 2021 7:21pm
Quoting Celal
{quote} Hi PokerChip, If sellers sentiment 74, does it mean the MM will nearly come and buy to trap these sellers? Can you tell us what we must do according to sentiment generally.
When the scales weigh 74 % sellers and 25 % buyers. The market maker will go after the larger herd 9 out of 10 times.

He makes more profit.

Always be on the side of the smaller herd.
Patience, let the trade come to you.
  • #14,911
  • Aug 1, 2021 7:22pm Aug 1, 2021 7:22pm
Quoting mistdraw28
{quote} Perfect in terms of psychoanalysis of the creators what they want from us. Today is Monday. See how the market plays out so tomorrow we begin to patiently wait for the right moment for the best from the great PokerChip.
Thanks, but I'm not great. Just a steady trader.

Good night all.
Patience, let the trade come to you.
  • #14,912
  • Edited 11:30pm Aug 1, 2021 7:23pm | Edited 11:30pm
Quoting PokerChip
I went ahead and bought GBP/JPY at 152.360 Why now ? because sentiment tells me buyers are 25.6 % Sellers are 74.4 %
The opening day candle in my country is Monday so I'm not trading.
  • #14,913
  • Aug 1, 2021 11:35pm Aug 1, 2021 11:35pm
Hi PokerChip,
Thank you.
  • #14,914
  • Aug 2, 2021 5:33am Aug 2, 2021 5:33am
LO after 2 hours. it met the 50 MA and returned to respect the high line last Monday.William met -50 and turned around preparing to cross the 20 MA and passed. Great for setup.
Attached Image (click to enlarge)
Click to Enlarge Name: today.png Size: 62 KB
  • #14,915
  • Aug 2, 2021 5:35am Aug 2, 2021 5:35am
Quoting mistdraw28
LO after 2 hours. it met the 50 MA and returned to respect the high line last Monday. Great for setup. {image}
I look for it to move north soon.
Patience, let the trade come to you.
  • #14,916
  • Aug 2, 2021 5:49am Aug 2, 2021 5:49am
Quoting PokerChip
{quote} I look for it to move north soon.
There could be a pullback from the 200 H1 MA right now. Wait for a strong exit at %W.
But today I am not trading. Follow your system. Serious, patient, consistent, confident.
  • #14,917
  • Aug 2, 2021 6:23am Aug 2, 2021 6:23am
Quoting mistdraw28
{quote} There could be a pullback from the 200 H1 MA right now. Wait for a strong exit at %W. But today I am not trading. Follow your system. Serious, patient, consistent, confident.
I'm thinking it could take off north within the hour.

He has enough sellers trapped by now.

It's a cat and mouse game now.
Patience, let the trade come to you.
  • #14,918
  • Aug 2, 2021 11:16am Aug 2, 2021 11:16am
I have just sold short Gbpaud
  • #14,919
  • Aug 2, 2021 12:19pm Aug 2, 2021 12:19pm
Quoting Houtbay
I have just sold short Gbpaud
Railroad tracks now, I think it's going to move north.
Patience, let the trade come to you.
  • #14,920
  • Aug 3, 2021 5:25am Aug 3, 2021 5:25am
EUR/JPY 1hour chart.

I think the pair will bounce off the low of Monday and move to to 130.000 area.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy-h1-fx-glory-group-a.png Size: 108 KB
Patience, let the trade come to you.
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