No-System FOREX

USDJPY DAILY, H4, H1

USDJPY M1 scalped; Trailing Stop close trade...

GBPUSD M15,M5, M1.
I intuit a correction in the fractal corresponding to M15; I don't know if it will be Fibonacci 38, 50, 62? Or I can see it as a change in trend, a reversal, to M1 or M5. The news left me out of the market.

The title of this thread defends that there is no immovable and infallible system that guarantees profits in the exercise of foreign exchange transactions. However we have lots of tools that can increase the odds of getting the market direction right, within a given fractal or timeframe.
We can put some of these tools together and build something like a system.
I like to use the moving averages (Linear weighted), the Bollinger Bands, and the DeMarker oscillator (filter for overbought or oversold.). Combining them well, you get something akin to price action.

To put some figures, which I think work well, in general:
LWMA(55), LWMA(144), DeM(14), Bands(13,1)


These rules and measures are designed for M5, and do not guarantee success, and are likely to be improved to suit the consumer. But it can give ideas and serve as support when making decisions.

Rules Long:
__ LWMA(55)>LWMA(144) and they diverge, and the Bands mainline >LWMA(144), and Bar cross the Bands upper line.


Rules Short (the reverse):
__ LWMA(55)<LWMA(144) and they diverge, and the Bands mainline <LWMA(144), and Bar cross the Bands lower line.

TECHNICAL INDICATORS.-
There are many traders who believe that using technical indicators is heresy. I think that the indicators are at the service of the trader, that they are useful and facilitate the task of the trader. The human species has always put the technique and the use of tools in its favor. A hole is better dug with a shovel than with your hands, and even better with a bulldozer. You reach a destination sooner by bicycle than on foot, and even sooner by car. The sea is better crossed by boat than by swimming. The problem is that he may not know how to handle a big ship, and would try a boat. It is clear that you have to know how to use technology to take advantage of it, and if I don't know how to drive, then I won't be able to take advantage of a car.
Don't we use a kitchen to cook, a washing machine to wash? Yes, it can be eaten raw and can be washed by hand, but what is better?
Finished. Similarly, if you don't know how to use a technical indicator you won't be able to take advantage of it... End.

correct...

GBPJPY m1 Scalping

GBPJPY M1 bullish, scalped

USDJPY M1 scalped

GBPJPY M5 Uptrend M5 profit at Resistance.

USDCHF M5 scalped at correction.

EUERUSD M1 I have arrived late. It's not hours. But in small corrections you can scratch something.

EURUSD M1 scalped
Why did I close this trade without waiting for important support to be reached, which was my initial goal? Because I realized, through other correlated pairs, that the dollar was losing strength. So I closed my short on AUDUSD for 2-3 pips and EURUSD for 8 pips. Then I wasn't quick enough to take lengths on both pairs.

GBPUSD M1, 78 minute wait to close the trade. He was impatient as the news was approaching, the high volatility.

GBPJPY M1, scalping in Trend

I like that.

USDCHF M5 Price action, Pivot daily, Resistance, Trend m5.

GBPJPY M1 , scalp at Correction

Scalping M1 GBPJY, GBPUSD, USDCAD

Great scalper....
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