No Indicator Trading System | Page 66 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

AUD/JPY, EUR/JPY, AUD/USD

Similar Threads

Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 182 replies

HYBRID: trading system within a trading system 31 replies

WatchMyZone trading system - WMZ system 7 replies

Day Trading system - Simple system to make money 51 replies

Trapping System: Way to Fully-Automated Trading System 47 replies

Attachments: No Indicator Trading System
Exit Attachments

No Indicator Trading System

  • #1,301
  • Mar 14, 2024 6:46pm Mar 14, 2024 6:46pm
Quoting emmanuel7788
{quote} BTC Mar15 UPDATE: - still have my eyes on 74500 - two interesting spike to 68544ish this week, must have lots of orders to fill ...
Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar15 update 15-3-2024 8-27-53 am.png Size: 23 KB



{image} ...

Looking at the M30 reaction at Daily SnR levels and
possible add-on entries,

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar15 M30 reaction at Daily SnR 15-3-2024 9-43-00 am.png Size: 24 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,302
  • Mar 15, 2024 3:17am Mar 15, 2024 3:17am
Quoting Islandfx911
Hi All, I am posting my no indicator intraday system for you to use as your own. I will go through the system from start to finish and when completed I will post live trades and answer any questions you have. The system is based on support and resistance of which I can use daily, 4hr, 1hr, 30m and 15m to establish a trade entry. I do not get it right everyday so no promises. All support and resistance is marked up / plotted on a line chart. {image} Lets look at some different time frames so you get the general idea. Plot horizontal lines on the...

hello .. good syst

just a quest ... can we add another line leves at the lower tf, that not exist in the big tf ??
Fake it till you make it
  • #1,303
  • Mar 15, 2024 3:46am Mar 15, 2024 3:46am
Quoting emmanuel7788
{quote} Looking at the M30 reaction at Daily SnR levels and possible add-on entries, {image}
Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar15 M30 reaction at Daily SnR 15-3-2024 9-43-00 am.png Size: 24 KB



{image}

BTC Mar15 M30

- H1 rejection candle of the Daily SnR

- with Inside Bar breakout

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar15 M30 123 15-3-2024 10-53-05 am.png Size: 25 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,304
  • Mar 15, 2024 3:52am Mar 15, 2024 3:52am
Quoting emmanuel7788
{quote} BTC Mar15 M30 - H1 rejection candle of the Daily SnR - with Inside Bar breakout {image} ... {image}
what's daily Snr ??
Fake it till you make it
  • #1,305
  • Mar 15, 2024 4:47am Mar 15, 2024 4:47am
Quoting Miloncef
{quote} what's daily Snr ??

read, study and take notes ... Post#1

"All support and resistance is marked up / plotted on a line chart."


BTC Daily chart support and resistance ... Mar 15

Line chart

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar15 Daily SnR 15-3-2024 7-44-32 pm.png Size: 14 KB


Candlestick chart

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar15 Daily candles 15-3-2024 7-46-33 pm.png Size: 14 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,306
  • Mar 15, 2024 7:36pm Mar 15, 2024 7:36pm
BTC Mar16 Weekend low liquidity trading

- look at H1 and H4 support and resistance SnR only

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Mar16 weekend M15 16-3-2024 10-34-08 am.png Size: 19 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,307
  • Mar 15, 2024 10:48pm Mar 15, 2024 10:48pm
Quoting Inthebox
{quote} if too many lines confuse you, then only draw those around current market price. probably 2 or 3 htf lines. the htf location below has only 2 occurrence for this week. then you drop down to the ltf entry. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,308
  • Mar 17, 2024 7:13pm Mar 17, 2024 7:13pm
trading is but having the patience to wait for one good trade.
if there is no confirmation in ltf, then there is no trade. and so be it.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,309
  • Mar 17, 2024 7:55pm Mar 17, 2024 7:55pm
Quoting Inthebox
trading is but having the patience to wait for one good trade. if there is no confirmation in ltf, then there is no trade. and so be it. {image}
so far there is no ltf set up.
but are we 'surprised' by the down move?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Click to Enlarge Name: screenshot.png Size: 19 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,310
  • Mar 17, 2024 11:38pm Mar 17, 2024 11:38pm
Quoting Inthebox
{quote} so far there is no ltf set up. but are we 'surprised' by the down move? {image} {image}
Monday is a freezing day of almost all things
No one cares about your efforts, only the results
  • #1,311
  • Mar 18, 2024 1:21am Mar 18, 2024 1:21am
Quoting Inthebox
trading is but having the patience to wait for one good trade. if there is no confirmation in ltf, then there is no trade. and so be it. {image}
success will come to those who possess patience in them to wait for the one good trade.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,312
  • Mar 18, 2024 2:42am Mar 18, 2024 2:42am
Quoting Inthebox
{quote} success will come to those who possess patience in them to wait for the one good trade. {image}
other than having extraordinary patience, u also need to have guts to buy big lots when u knw it is COMING, pipstatic return is yours ...
  • #1,313
  • Mar 18, 2024 5:34am Mar 18, 2024 5:34am
Quoting Inthebox
trading is but having the patience to wait for one good trade. if there is no confirmation in ltf, then there is no trade. and so be it. {image}
the h4 level is still valid.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,314
  • Mar 18, 2024 5:36am Mar 18, 2024 5:36am
Quoting CGdcv
{quote} other than having extraordinary patience, u also need to have guts to buy big lots when u knw it is COMING, pipstatic return is yours ...
how does one able to trade with big lots unless one is proficient, tested many times and confident in winning 75% of the time?
what is the percentage of traders in FF able to do that?
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,315
  • Edited 9:10am Mar 18, 2024 6:18am | Edited 9:10am
Aiming for 5R. Moved to BE. We'll see how it goes. For those wondering why the stop loss zone is so small: I reduced it in LTF.

Update: TP hit
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
Click to Enlarge Name: screenshot.png Size: 12 KB
  • #1,316
  • Edited 8:11am Mar 18, 2024 6:38am | Edited 8:11am
Took a continuation of EU short at the 90th min mark of NY session, took a few weeks off glad to be back. This week should be exciting given all the upcoming news

Update: The S/R flip from the initial trade seems incorrect if we are looking for sell continuation, my first entry was stopped out.

I re-entered on the second set of screenshots.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 50 KB
Click to Enlarge Name: screenshot.png Size: 59 KB
Click to Enlarge Name: screenshot.png Size: 50 KB
Click to Enlarge Name: screenshot.png Size: 56 KB
  • #1,317
  • Mar 18, 2024 9:09am Mar 18, 2024 9:09am
chanced upon this thread, thank you for the strategy OP!

was doing some backtesting using today's price action. please feel free to give comments and my thought process
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB
Click to Enlarge Name: screenshot.png Size: 14 KB
Click to Enlarge Name: screenshot.png Size: 20 KB
Click to Enlarge Name: screenshot.png Size: 15 KB
  • #1,318
  • Mar 18, 2024 9:24am Mar 18, 2024 9:24am
Quoting lolxhaha
Took a continuation of EU short at the 90th min mark of NY session, took a few weeks off glad to be back. This week should be exciting given all the upcoming news Update: The S/R flip from the initial trade seems incorrect if we are looking for sell continuation, my first entry was stopped out. I re-entered on the second set of screenshots. {image} {image} {image} {image}
thank you for your case study, I was wondering how you decided that it was a sell instead of buy?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
Click to Enlarge Name: screenshot.png Size: 17 KB
Click to Enlarge Name: screenshot.png Size: 17 KB
  • #1,319
  • Mar 18, 2024 2:31pm Mar 18, 2024 2:31pm
Took a few trades where the SL was too narrow and got hit (twice), loosened for third trade on AU to et 7R, to finish day on 4R.

AU seems to be ranging from Friday's highs and lows, which was confirmed during the Asain session with a bearish rejection of Low and march up to high. Took a short during London waiting for the run back down to low which was roughly 7R. Figured there were two options here - either aim to the bottom of the range or shoot up and flip R to S with a trade on the pullback.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 50 KB
  • #1,320
  • Mar 18, 2024 2:58pm Mar 18, 2024 2:58pm
Quoting direction
{quote} thank you for your case study, I was wondering how you decided that it was a sell instead of buy? {image} {image} {image}
here a little mistake bro
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20240319_042658.png Size: 62 KB
No one cares about your efforts, only the results
4 traders viewing now, 1 is registered:
Chesss92