No Indicator Trading System

@soul4

Your H1 chart has a lot of information for you to process.

Attached Image (click to enlarge)

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USDJPY Sell RR 1:3 hit TP

EU today.
At first I was looking for long if price did a pullback to 1.1183 zone which had weekly support and 30m support. At Frankfurt open price didn't come back to the zone so I waited.
Then I saw that price is moving up quickly and remembered that price often does a pre-market fakeout and at London open entered position for a short. This zone was also my 4H line support and 4H candle zone. First target was 1.1179 at weekly support (previous wanna be long position) and the second target was yesterday's low.
Hit 1:3, took 50% out and then I wasn't at the computer and got distracted and accidentally closed the remaining position at 9.5 pips profit.
Overall pretty good.

For this month I'm at 16% profit at the moment. Next month probably I will put bigger money on broker and start trading like big boys do. Will try 50k challenge, then 100k, 500k and then 1mil. Let's see how long does it take.

This could have been a good trade. I was away from the monitor at that time.

My understanding. Price has already hit support zone multiple times this day so on HTF if it was me, I would rather look for a retest of that zone and then opened long position.
My two cents from 2 months of learning and practicing this method. I am opened to discussion.

[quote=RoomyMusicia;15247351]EU today. At first I was looking for long if price did a pullback to 1.1183 zone which had weekly support and 30m support. At Frankfurt open price didn't come back to the zone so I waited. Then I saw that price is moving up quickly and remembered that price often does a pre-market fakeout and at London open entered position for a short. This zone was also my 4H line support and 4H candle zone. First target was 1.1179 at weekly support (previous wanna be long position) and the second target was yesterday's low. Hit 1:3, took 50% out and then I wasn't at the computer and got distracted and accidentally closed the remaining position at 9.5 pips profit. Overall pretty good. For this month I'm at 16% profit at the moment. Next month probably I will put bigger money on broker and start trading like big boys do. Will try 50k challenge, then 100k, 500k and then 1mil. Let's see how long does it take. {image} {image}[/quot

Well Done

Trying to trade 1-2-3 EUR|AUD H4. But support at 1.7430 is still holding.

Trying to trade USD|CAD.

Trade took on gbpusd on opening of new york session targeting 7.6 rr lets see

sl hit , after hitting 4 rr got back to our sl but no problem because just one 1:7 can fix everything

audusd 15 min entry new york 1:5

@Em
Hi Em,
Regarding GJ rejection candle.
There were reasons why I did not trade it.
1. I only trade 15m charts for 7.5R trades, I have dabbled in other time frames but system is for 15m time frame.
2. Price needed to trade higher and reject a higher price on 15m time frame at 2.45 candle close for me to be interested.

If you are trading 30m rejection candles I see no error in taking the trade.

GJ May 19 Frankfurt Open

- is 10 pips SL good enough

- rejection of Asian high today

Attached Image (click to enlarge)

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Currently long GA trade at +2

Long trade eurusd on new york session lets see

GA Outcome.
Took some $ on GA long but decided I did not like how it was going and got out,

AUDUSD Sell aiming for RR1:4 but only went RR1:3 and came back and hit my SL which I had moved to BE.

GA

Mr.Rob
I have two questions
1- in the charts you posted (i mean in the entire thread)i see two ways of entering the trade (i attached one chart with two rectangle)
I want to know if you found both of them in one chart which rectangle you will choose
(Based on timing and in which area the rejection candle occurred)This my thinking and kindly correct me if iam wrong
2-if you found nice set up in the dead zone (before market open or after 1:30 hrs of market open)
Would you take the trade
Thank you for your great effort in this thread

EU this London session. Enter 1.1326 with 1:4.5RR.
SL hit. Bummer, was really confident about this one as price did reject monthly line.