No Indicator Trading System

Quoting emmanuel7788

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{quote} BTC Feb26 London 10am -

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Quoting tommydoginti

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{quote} Despite the volatility being low for US holiday, price retested the support zone with rejection wick candles at Asian market open, forming setups for this strategy to enter {image}

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Quoting tommydoginti

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{quote} AUDJPY setup at Asia open. {image}

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Quoting emmanuel7788

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{quote} hey @tommydog.... this thread is No Indicator Trading System. You are trading with RSI/MA and posting your charts here without the RSI/MA to mislead people wanting to learn @Islandfx911 ' system. You should read the OP' post#1 and learn to draw the SnR levels on higher timeframe Daily, H4 and H1 then zoom down to M30. The key here is look for impulse move in the price and the pullback, then a rejection candle. AJ Feb27 M30 with Daily and 4Hr SnR levels {image} ...

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Quoting tommydoginti

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{quote} AUDJPY setup at Asia open. {image}

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Quoting tommydoginti

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{quote} UJ setup. Wick rejection testing S/R zone boundaries setup as of previous posts explaining price levels to note. {image}

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Quoting emmanuel7788

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{quote} BTC Feb26 that was a huge move supported by the Daily SnR - {image}

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Quoting emmanuel7788

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Feb27 Waiting for Frankfurt Open and London Open - I know the Daily, 4Hr and H1 SnR levels - I know the Daily has been choppy with upper and lower wicks of various length ... - I know Feb 23 was a small Daily candle with its OHLC levels

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Quoting Hanz99

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Expanded my "watch list" to GBPUSD and USDJPY Didn't see much on USDJPY or EURUSD with 30 mins TF. On review, there might have been opportunities using 15min for EURUSD. I found a trade on GBPUSd for 1R return after being stopped out, I thought I saw signs for a longer run so move SL up. Didn't take the trade Evaldas321 took (great work) as was waiting for a retest but on reflection, should have looked further back to see it was R flipping to S and had been tested already. Should have acted on the bearish rejection. Are 7 (or 4 pips I think I saw...

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Quoting emmanuel7788

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{quote} Frankfurt Open hour - dangerous 2 hours from now till Tokyo session closes - first reaction at the 1Hr SnR 10848 {image} ... {image}

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Quoting Beri29

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good day. I don't know how and where to write a private message on FF. so I'll write it right here. i just read the whole discussion. I have a question. Did any of the discussants try to enter the market on the 1H (4H) chart. if this system is even functional for inputs on these graphs? I understand that SL will be bigger. thank you Beri29

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Quoting lolxhaha

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Sharing a trade I took on EU during the london session earlier, Initial entry on the M30 got stop hunted. On HTFs, there was a clear rejection of the recent swing high. Found another M15 entry whilst it was falling and managed to catch the bulk of the move. Exited 70% of the trade at +4R, shifted SL to BE for the runner. {image} {image} {image} {image}

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Quoting turnip15

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{quote} I think your time zone is Singapore focused? By London session do you mean the first two hours - 8am to 10am UK time ?

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Quoting lolxhaha

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{quote} I don't have specific rules on how to set stop losses, aside from the >10 pips use limits as shared by Rob, and minimally targets should be 2.3R (to account for fees/ commissions from your broker). There are quite a number of factors to consider, some use the zone boundaries as a guide some use the wicks as a guide and depending on the setup (wicks exceeding zone or not) you may have to roll with the punches. SLs differ from trader to trader, but you should keep in mind to have a reasonable risk reward ratio. I think at least having 2.3R...

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