No Indicator Trading System | Page 116 | 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

  • #2,301
  • Nov 21, 2024 8:00pm Nov 21, 2024 8:00pm
AJ let's see
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,302
  • Nov 21, 2024 9:25pm Nov 21, 2024 9:25pm
gold has a good example
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,303
  • Nov 21, 2024 11:40pm Nov 21, 2024 11:40pm
Quoting Inthebox
AJ let's see {image}
AJ sell done.
the m30 set up was supported by h4 resistant.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Click to Enlarge Name: screenshot.png Size: 7 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,304
  • Nov 22, 2024 6:22am Nov 22, 2024 6:22am
Quoting Inthebox
gold has a good example {image}
How ironic, you use "Pepperstone." I was just looking at opening an account with them. Do you like them, overall?.
  • #2,305
  • Nov 22, 2024 6:39am Nov 22, 2024 6:39am
Quoting Patso
{quote} How ironic, you use "Pepperstone." I was just looking at opening an account with them. Do you like them, overall?.
i have not use them.
i was thinking either IC Markets or Pepperstone.in the future. both equally good.
I like IC Markets small spread for gold.
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,306
  • Nov 22, 2024 7:38am Nov 22, 2024 7:38am
Quoting Inthebox
{quote} i have not use them. i was thinking either IC Markets or Pepperstone.in the future. both equally good. I like IC Markets small spread for gold.
Ok, appreciate it, thanks.
  • #2,307
  • Nov 23, 2024 3:56am Nov 23, 2024 3:56am
Buying USDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_7942.png Size: 61 KB
  • #2,308
  • Nov 23, 2024 5:47am Nov 23, 2024 5:47am
Quoting Graf2024
Buying USDJPY {image}
h4 has something to say.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,309
  • Nov 23, 2024 11:30am Nov 23, 2024 11:30am
Quoting Inthebox
{quote} h4 has something to say. {image}
If im looking correctly id say Graf is correct, check the daily
Its bounced off of support and resistance is 155.708 ish
  • #2,310
  • Nov 23, 2024 12:39pm Nov 23, 2024 12:39pm
Thanks to ITB. Today I spent 2 hours drawing h4 based on your examples. So far, one pair each. The search for signals has become much easier. In just a week, I counted at least 4 transactions with +7R only on the GBPUSD pair. And the quality of the deals is excellent. h4 in conjunction with m15 are very productive. Sometimes you can also use m5
  • #2,311
  • Nov 23, 2024 6:20pm Nov 23, 2024 6:20pm
Quoting nate009
{quote} If im looking correctly id say Graf is correct, check the daily Its bounced off of support and resistance is 155.708 ish
there is no right or wrong because every time frames have their own story to tell.
d1 is a doji indecision.
at the current market price, the latest reaction was rejecting from from mn resistant and then d1 resistant.
the d1 bounced up from the support but could not close above the resistant.
h4 is ranging. m30 is converging.
it is coiling for big movement.
best not to predict but to monitor closely the price reaction of lower time frames to the support and resistant.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
Click to Enlarge Name: screenshot.png Size: 27 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,312
  • Nov 23, 2024 6:31pm Nov 23, 2024 6:31pm
Quoting Graf2024
Thanks to ITB. Today I spent 2 hours drawing h4 based on your examples. So far, one pair each. The search for signals has become much easier. In just a week, I counted at least 4 transactions with +7R only on the GBPUSD pair. And the quality of the deals is excellent. h4 in conjunction with m15 are very productive. Sometimes you can also use m5
please carry on the testing and hard work for at least 6 months. one reaps what he sows.
we take the supporting factors and reasons from the higher time frames h4 and above.
h4 is the lowest of the higher time frames.
at the close of every day take into account of the daily support and resistant.
at the close of every week take into account of the weekly support and resistant.
at the close of every month take into account of the monthly support and resistant.
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,313
  • Nov 24, 2024 6:17pm Nov 24, 2024 6:17pm
Quoting Inthebox
{quote} h4 has something to say. {image}
usdjpy result
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,314
  • Nov 24, 2024 6:26pm Nov 24, 2024 6:26pm
Quoting Inthebox
{quote} h4 is ranging. m30 is converging. it is coiling for big movement. best not to predict but to monitor closely the price reaction of lower time frames to the support and resistant. {image} {image}
usdcad result.
weak usd.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,315
  • Nov 24, 2024 7:40pm Nov 24, 2024 7:40pm
i sincerely hope that this you tube video can be a gift to you.
do not ever think that you will understand fully just after viewing it 2 or 3 times. no never ever.
do not overestimate yourself. i am sure you won't understand the minute details of it.
after that, view it every single week until your mind form an image that is align with this method.
any way it is just a 14 min video. do not tell me that you cannot spare 14 min to view it every week end.
You Reap what You Sow.
“I am not afraid of a person who knows 10000 kicks. But I am afraid of a person who knows one kick but practices it for 10000 times.”
― Bruce Lee, Bruce Lee ― Wisdom for the Way

Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,316
  • Nov 24, 2024 9:43pm Nov 24, 2024 9:43pm
asia trade.
unable to watch whole time, slow close.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1026.png Size: 59 KB
PA
  • #2,317
  • Nov 25, 2024 1:59am Nov 25, 2024 1:59am
Quoting Islandfx911
Hi Traders, Took this trade today just for some beer money. You don't have to be perfect with trade selection, you just have to know how the market works. There will always be a retrace / rejection candle to get into a trade. What I have shown in this thread is don't follow the 2R heard, you have to be unique, unique in your own way. Be different to the masses and notch out your winning trading system. {image} Have a good one. o'clock now
Hi Rob,
I hope you are well. Please may I ask you, was this trade during Frankfurt? And how did you go about placing a few trades in one? Do you split your risk into 3 and do you still place your SL above the rejection candles? Thank you so much
  • #2,318
  • Nov 25, 2024 4:02am Nov 25, 2024 4:02am
Quoting Mellifluous
{quote} Hi Rob, I hope you are well. Please may I ask you, was this trade during Frankfurt? And how did you go about placing a few trades in one? Do you split your risk into 3 and do you still place your SL above the rejection candles? Thank you so much
Hi M,
I am going okay with health. Thanks.
In regards to the trade, I looked at previous days bearish price action and wanted to get in short and In regards to time of trades, I entered trade as soon as I saw market activity start.
I have eased back on trade size and extended SL size due to volatility. The SL was 10 pips and I used pivots to exit with a satisfactory RR.
If I see support / resistance inside the 7.5TP I will use it.
In regards to multiple lots, I have split my 1R risk into (3.3R x 3) This is not an abnormal thing to do. You will find many traders do this. It is mainly because I want to take things slower and I am not concerned about large profits anymore.
I am just placing trades if I am at the computer and something jumps out at me. The first two trades we planned and the third I placed because it was set to go down and I wanted to take advantage of the market volatility. You have to remember I have been trading for over 35 years and can sometimes see things that others don't.
I hope this answers your question.

Just to add. I would highly recommend everyone watch the above video the ITB has posted. It is an excellent video that should be watched multiple times.
Kind Regards
Rob
Your trade order needs to be in the right place at the right time.
  • #2,319
  • Nov 25, 2024 8:13am Nov 25, 2024 8:13am
Resistance 154.70, as I understand, and d and h4. Gap closed.
Sell.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_7962.png Size: 64 KB
  • #2,320
  • Nov 25, 2024 8:27am Nov 25, 2024 8:27am
Quoting Islandfx911
{quote} Hi M, I am going okay with health. Thanks. In regards to the trade, I looked at previous days bearish price action and wanted to get in short and In regards to time of trades, I entered trade as soon as I saw market activity start. I have eased back on trade size and extended SL size due to volatility. The SL was 10 pips and I used pivots to exit with a satisfactory RR. If I see support / resistance inside the 7.5TP I will use it. In regards to multiple lots, I have split my 1R risk into (3.3R x 3) This is not an abnormal thing to do. You...
Thanks so much Rob
4 traders viewing now