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The Jail Break System

  • #14,921
  • Aug 3, 2021 8:08am Aug 3, 2021 8:08am
Hey man.
thank you for your effort and for clear chart and method. Can you please post your indi and tpl?.
  • #14,922
  • Aug 3, 2021 8:23am Aug 3, 2021 8:23am
Quoting 19monza64
Hey man. thank you for your effort and for clear chart and method. Can you please post your indi and tpl?.
Hello 19Monza64,
I'm sorry I don't have a template. I just put everything on the chart manually.

I wish I did have a template.
Patience, let the trade come to you.
  • #14,923
  • Aug 3, 2021 8:24am Aug 3, 2021 8:24am
This should be the retrace upwards Pockerchip
  • #14,924
  • Aug 3, 2021 8:29am Aug 3, 2021 8:29am
USD/CHF 1 hour chart.

I think it's going to turn around and move north.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-h1-fx-glory-group-b.png Size: 75 KB
Patience, let the trade come to you.
  • #14,925
  • Aug 3, 2021 8:34am Aug 3, 2021 8:34am
Quoting PokerChip
{quote} I wish I did have a template.
hi PC,
to create a template:
right click on the chart where you put all indy, EA... etc
position mouse on "Template" from the popup menu
on the right side existing templates shows
on the top of the right side you will see "Save Template"
left mouse click on save template and enter name for it

to found template and share:
click on "File" menu
click on "Open Data Folder"
windows explorer open
double click on "Template" and there it is
Forex can only be understood backwards, but it must be traded forwards.
  • #14,926
  • Aug 3, 2021 9:05am Aug 3, 2021 9:05am
I just placed a buy order for EURGBP....
  • #14,927
  • Aug 3, 2021 9:09am Aug 3, 2021 9:09am
Quoting prozor7
{quote} hi PC, to create a template: right click on the chart where you put all indy, EA... etc position mouse on "Template" from the popup menu on the right side existing templates shows on the top of the right side you will see "Save Template" left mouse click on save template and enter name for it to found template and share: click on "File" menu click on "Open Data Folder" windows explorer open double click on "Template" and there it is
Thank you prozor7 you anticipated me.
Sorry PokerChip but when I follow a method I like when all have the same indi and template.
So the charts are more clear for all.
  • #14,928
  • Aug 3, 2021 9:18am Aug 3, 2021 9:18am
Quoting prozor7
{quote} hi PC, to create a template: right click on the chart where you put all indy, EA... etc position mouse on "Template" from the popup menu on the right side existing templates shows on the top of the right side you will see "Save Template" left mouse click on save template and enter name for it to found template and share: click on "File" menu click on "Open Data Folder" windows explorer open double click on "Template" and there it is
Thank you Prozor7. I never knew that.

That's very helpful.
Patience, let the trade come to you.
  • #14,929
  • Aug 3, 2021 9:18am Aug 3, 2021 9:18am
Quoting 19monza64
{quote} Thank you prozor7 you anticipated me. Sorry PokerChip but when I follow a method I like when all have the same indi and template. So the charts are more clear for all.
Right, I understand I would too.
Patience, let the trade come to you.
  • #14,930
  • Aug 3, 2021 9:32am Aug 3, 2021 9:32am
Hi actually don't post it because my order is a not really doing well at the moment...
  • #14,931
  • Aug 3, 2021 9:37am Aug 3, 2021 9:37am
EUR/USD 1 hour chart.

I think EUR/USD is going to bounce off the bottom of Mondays low and move north.

I'm waiting for the Williams % R to break the -80, then I'll be a buyer.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-fx-glory-group-c.png Size: 91 KB
Patience, let the trade come to you.
  • #14,932
  • Aug 3, 2021 9:53am Aug 3, 2021 9:53am
NZD/USD 1 hour chart.

You can see NZD/USD bounces off the Monday high and moves north, I missed this trade.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h1-fx-glory-group-d.png Size: 99 KB
Patience, let the trade come to you.
  • #14,933
  • Aug 3, 2021 10:43am Aug 3, 2021 10:43am
Quoting PokerChip
NZD/USD 1 hour chart. You can see NZD/USD bounces off the Monday high and moves north, I missed this trade. {image}
It happens 4 hours before LO. I also ignored this transaction.
  • #14,934
  • Aug 3, 2021 10:44am Aug 3, 2021 10:44am
I just bought EUR/USD, the pair has crossed the -80 moving north.
Patience, let the trade come to you.
  • #14,935
  • Aug 3, 2021 4:26pm Aug 3, 2021 4:26pm
Hi PokerChip,
and thank you for all your information.
Sometime I am struggling to get my orders right with % R William. If I use the 4 hour chart and wait until the 20MA cross the %R line I find myself to dip or late into a trend and I am exposed to a reverse. My question is :"Do you mainly enter a buy order from the bottom side or near to the 80 percent border of the %R indicator? Or will you enter even say half way on R William curve?

I guess you can't avoid loss in this business. Today I made some research on the indicator Ichimoku and I found it very interesting. My set up for EURGRP I thought was correct, I had on a 4H chart the %R line crossing the 20MA, Ichimoku indicator indicating that my buy setting was right even though the cloud was not green but red on top of my entry. My order kept loosing until I decided to shut it with a lost. I feel that perhaps is better an early entry say on a 15 min chart and risk from there setting a close stop loss rather than waiting for more confirmations on a bigger chart frame.

Thanks again and I will try it again tomorrow...Goodnight!
  • #14,936
  • Aug 4, 2021 9:07am Aug 4, 2021 9:07am
Quoting dag0295
Hi PokerChip, and thank you for all your information. Sometime I am struggling to get my orders right with % R William. If I use the 4 hour chart and wait until the 20MA cross the %R line I find myself to dip or late into a trend and I am exposed to a reverse. My question is :"Do you mainly enter a buy order from the bottom side or near to the 80 percent border of the %R indicator? Or will you enter even say half way on R William curve? I guess you can't avoid loss in this business. Today I made some research on the indicator Ichimoku and I found...
Hello Dag0295,
Lately I have been entering for a buy trade at the bottom when the Williams % R crosses -80 on the 1 hour chart, and it's got to cross strong like at 12 or 2 o'clock, if it doesn't I pass on the trade. On a sell trade it has to cross strong at 6 or 4 pm on the clock. The EUR/GBP for me is a very hard pair to trade. I usually don't trade it much.

The Ichimoku is a solid indicator I think. That's why I use it. You can also buy above the Ichimoku line and sell below the Ichimoku line.

The 15 minute will work, but I can't leave my monitor if I'm in a 15 minute chart trade. It moves quick, and I only take 10-20 pips and I close the trade. Sometimes less pips if I think I'm about to get trapped.
Patience, let the trade come to you.
  • #14,937
  • Aug 4, 2021 11:18am Aug 4, 2021 11:18am
Hi and thank you for your message. I will follow you advice.

Today I had better lack and I tested entry using 5 min and 15 min charts. When I was in doubt for the direction of a pair I used the small-time frame and shut off the order if went negative manually, in order to keep my loss small.

I am trying to keep my profit to the 40 pips target.

Today I had good lack selling GBPJPY, EURCAD and I am still running on a sale order for EURCHF. On the latest pair I placed my entry just below the base line of the Ichimoku indicator. It does not run fast to your profit target (CHF) but I hope that it will provide some profit by tomorrow.

Thanks again Nice to be part of a group. On my own I was getting crazy..

What do you think of Indices like DE30 or US100. I have had some lack but I paid their money and much more back to them. I found them very tricky just like bidding at a casino....
  • #14,938
  • Aug 4, 2021 11:30am Aug 4, 2021 11:30am
EURCHF Chart not easy to get some money out them, currently I am just running few pounds in profit after 8 hours...haha
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF.png Size: 497 KB
  • #14,939
  • Aug 4, 2021 12:21pm Aug 4, 2021 12:21pm
Quoting dag0295
Hi and thank you for your message. I will follow you advice. Today I had better lack and I tested entry using 5 min and 15 min charts. When I was in doubt for the direction of a pair I used the small-time frame and shut off the order if went negative manually, in order to keep my loss small. I am trying to keep my profit to the 40 pips target. Today I had good lack selling GBPJPY, EURCAD and I am still running on a sale order for EURCHF. On the latest pair I placed my entry just below the base line of the Ichimoku indicator. It does not run fast...
I have never tried the 5 minute chart, I have used the 15 minute chart once in awhile.

My goal is not pips anymore, it's $100 if I can get $100 per trade then I'm happy. If I think I know the trend I will make 2-3 trades and then I'm done with the pair.

I've been trapped so many times over the years I think for me this is the best way to trade. I use to wait for 20 pips per trade, it seems lately a pair will stall out about 12-13 pips. Not sure why. But I need to change my trading style not wait for 20 pips, I'll wait for $100 which comes a lot quicker if I'm right.

If you have patience you need to own the stock symbol SQQQ, this is a pro ultra short of the NASDAQ. In February 2010 when the NASDAQ went south about 50% it was $ 104,947.20 per share. It's $8.13 right now as I type. I own it and I keep on buying it every month. I think this year SQQQ will rise like a rocket.

I think these markets, the DOW and the NASDAQ with start moving south soon, because we are $30 Trillion in debt, and only 5 companies on the NASDAQ are making a profit. Microsoft, Netflix, Amazon, Google and Tesla is subsidized by the US Government.
The rest of the companies on the MASDAQ are zombies companies. That don't make squat.
Patience, let the trade come to you.
  • #14,940
  • Aug 4, 2021 12:23pm Aug 4, 2021 12:23pm
Quoting dag0295
EURCHF Chart not easy to get some money out them, currently I am just running few pounds in profit after 8 hours...haha {image}
That's a nice chart, sell those peaks. It's still below the cloud.
Patience, let the trade come to you.
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