No Indicator Trading System

Quoting Islandfx911

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{quote} Hi Traders, Here is a trade I took this morning as per this post. Unfortunately I was to eager to put trade into profit. Started with 1hr line chart and moved down the time frame to get entry. {image}

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Quoting craigl76

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{quote} Hey Islandfx911 on my charts that rejection candle is 0245, close at 0300. u said thats market open ! doesnt Tokyo open at 0200?

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Quoting craigl76

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{quote} Hey Islandfx911 on my charts that rejection candle is 0245, close at 0300. u said thats market open ! doesnt Tokyo open at 0200?

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Quoting fxpider

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{quote} Tokoyo opens at 0200, that's true. Sydney opens even before that. However majority of the Asia (HK, SG, China, etc) open at 0300. Hence, big money starts flowing from 0300.

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Quoting fxpider

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{quote} Tokoyo opens at 0200, that's true. Sydney opens even before that. However majority of the Asia (HK, SG, China, etc) open at 0300. Hence, big money starts flowing from 0300.

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Quoting Inthebox

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{quote} when price pullback to a SR level in higher time frame, switch to lower time frame to narrow down for a trade entry. you do not have to wait for the h4 candle close when the 3 conditions are fulfilled. hope the following image can answer your query. {image}

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Quoting majidmas

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{quote} So, when the price reaches the high time level, we don't wait until it closes At that moment, we go ltf

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Quoting craigl76

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{quote} Hi Is911 Yeah i got it now , i was looking for setups at 0145 noticing the same thing but ty for clarity C76

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Quoting Inthebox

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{quote} do your own back test to find out which suits your eyes more. if it took a day or two for lower time frame to form, then one should be able to see it from a higher time frame. would you rather to have a price level coming from lower time frame or a higher one? i read the rule as per https://www.forexfactory.com/thread/...1#post14778521 i reckon making a decision from only one time frame would not be a strong one. it has to come from 2 time frames. one higher, one lower. the higher giving the price level and direction,...

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Quoting Inthebox

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{quote} right. my style. can you imagine when market open, you wait for a h4 to close? how many more hours will that take?

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Quoting majidmas

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{quote} so this is right? {image} {image}

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Quoting majidmas

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{quote} so this is right? {image} {image}

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Quoting Evaldas321

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Here's my rookie mistake I made today. Didn't see any trades I'd like, but I noticed this one. I entered it later than I should've, therefore, my maximum 10-pip SL wasn't below the candle. I have a line in my plan "if for some reason you're late for a trade or a wick is too large, you can place an order with an appropriate SL." — this would have prevented this mistake and I would be in BE already. I'm not beating myself for it, but it's a great example of what intrusive thoughts can do. {image}

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Quoting Inthebox

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{quote} were you aware of the news? {image}

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Quoting Kleen

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hi all, first poster here. I started a trade-explore on a demo account few days ago. no indicator trade, all manual, managed to grab more than 170 pips and recover the %10 loss I made yesterday, and land in a %5+ profit overall. just traded based on news and pairs correlations. hopefully my next days will be similar or at least steady profits on monthly periods for this demo, gives me courage to move to my real account. wish me luck/skill/patience.

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