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  • #3,201
  • May 30, 2025 6:32am May 30, 2025 6:32am
Quoting Erebus
{quote} You can most probably thank President Trump for both of those events.
Why ? there was any major news this week?
  • #3,202
  • May 30, 2025 7:13am May 30, 2025 7:13am
Quoting Islandfx911
{quote} Start with 4hr line chart and plot key levels then go to 1hr and adjust, then 30m then adjust then use 15m line chart for entries off the key levels during market open. Remember nothing is guaranteed and anything can happen No more questions. it's all in the thread. Regards Rob
Hi Islandfx911 , am a following No indicator trading system for more than a year and have deep appreciation for you and your system. After wasting so much money on Forex courses and Gurus found your way of trading most logical , smooth and natural. Have saved all your chat and charts and look at them daily.
Have a query if you allow me and find time to answer. Since most of your trading is in Asia session so how you incorporate previous day/ sessions to find market move in a particular direction. Regards
  • #3,203
  • May 30, 2025 6:28pm May 30, 2025 6:28pm
Quoting AymanGMI
{quote} Why ? there was any major news this week?
I didn't mean scheduled "news" - Trump makes random Tweets about tariffs and the market goes crazy.

Just Google, you will find more information than you need; then compare the times with the price actions on chart.

Have a look for the new term "TACO" so funny.

It takes a lot for me to IGNORE you, but you can try.
  • #3,204
  • May 30, 2025 6:35pm May 30, 2025 6:35pm
Quoting Glove778
Hey quick question. I'm new to this thread and I see a lot of Asian session + London session trading. Does this same strategy work for the New York session?

Since you live in the US, the best trading hours are during the New York session EST 8am and the CME trading hours where you can trade the currency futures market together with the US markets S&P500, DOW, NASDAQ.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,205
  • May 30, 2025 7:13pm May 30, 2025 7:13pm
BTC May31

- Last trading day for this month,

- try make $500 working today,

Attached Image (click to enlarge)
Click to Enlarge Name: BTC May31 NiTS 31-5-2025 10-10-46 am.png Size: 26 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,206
  • May 30, 2025 7:36pm May 30, 2025 7:36pm
Quoting emmanuel7788
BTC May31 - Last trading day for this month, - try make $500 working today, {image} ...

BTC May31

- nice touch but nothing is 100%

- you risk 1R let the market decide your reward,

Attached Image (click to enlarge)
Click to Enlarge Name: BTC May31 nice touch 31-5-2025 10-33-30 am.png Size: 27 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,207
  • May 30, 2025 10:41pm May 30, 2025 10:41pm
Quoting shazkhan
{quote} Hi Islandfx911 , am a following No indicator trading system for more than a year and have deep appreciation for you and your system. After wasting so much money on Forex courses and Gurus found your way of trading most logical , smooth and natural. Have saved all your chat and charts and look at them daily. Have a query if you allow me and find time to answer. Since most of your trading is in Asia session so how you incorporate previous day/ sessions to find market move in a particular direction. Regards
Hi shazkhan,
I will answer over the weekend. I am a bit tired at the moment.
Your trade order needs to be in the right place at the right time.
  • #3,208
  • May 31, 2025 1:24am May 31, 2025 1:24am
Quoting Islandfx911
{quote} Hi shazkhan, I will answer over the weekend. I am a bit tired at the moment.
Attached Image (click to enlarge)
Click to Enlarge Name: My trading time.png Size: 13 KB


With 4hr support and resistance added
Attached Image (click to enlarge)
Click to Enlarge Name: DAX with 4hr SnR added.png Size: 17 KB


This is why timing and support and resistance are so important.
Your trade order needs to be in the right place at the right time.
  • #3,209
  • May 31, 2025 4:34am May 31, 2025 4:34am
Quoting Islandfx911
{quote} {image} With 4hr support and resistance added {image} This is why timing and support and resistance are so important.
Thanks alot Islandfx911 for sparing some time to ans my Q. i am quite clear about timing and SnR zones as you have explained it many times elaborately in the gp. I just wanted to know that do you consider previous month/wk/day bullish or bearish momentum of a pair to trade along with support or resistance zones ,especially in Asian session.
  • #3,210
  • May 31, 2025 5:08pm May 31, 2025 5:08pm
Quoting shazkhan
{quote} Thanks alot Islandfx911 for sparing some time to ans my Q. i am quite clear about timing and SnR zones as you have explained it many times elaborately in the gp. I just wanted to know that do you consider previous month/wk/day bullish or bearish momentum of a pair to trade along with support or resistance zones ,especially in Asian session.
No, I don't. If you start labeling the market as bullish or bearish you have formed an opinion / belief about direction and it will be near on impossible to put a trade on the other direction. There are to many variables to consider thinking like that. you need to trade in the moment, trade what the system signal is showing you.
My daily plan is....... I go to my computer each morning and plot 4hr support and resistance lines in the near vicinity of the current price. I check out market activity prior to the open and select any pairs that are likely to move at the open. I have an idea of direction but that could change in a moment.
If I get a signal, I place the trade. At no point have I had an interest in past bullish / bearish activity it is irrelevant to me.
Your trade order needs to be in the right place at the right time.
  • #3,211
  • May 31, 2025 6:30pm May 31, 2025 6:30pm
Quoting Islandfx911
{quote} No, I don't. If you start labeling the market as bullish or bearish you have formed an opinion / belief about direction and it will be near on impossible to put a trade on the other direction. There are to many variables to consider thinking like that. you need to trade in the moment, trade what the system signal is showing you. My daily plan is....... I go to my computer each morning and plot 4hr support and resistance lines in the near vicinity of the current price. I check out market activity prior to the open and select any pairs that...
This is great advice.
Its all just one persons opinion
  • #3,212
  • May 31, 2025 6:52pm May 31, 2025 6:52pm
Quoting Islandfx911
{quote} No, I don't. If you start labeling the market as bullish or bearish you have formed an opinion / belief about direction and it will be near on impossible to put a trade on the other direction. There are to many variables to consider thinking like that. you need to trade in the moment, trade what the system signal is showing you. My daily plan is....... I go to my computer each morning and plot 4hr support and resistance lines in the near vicinity of the current price. I check out market activity prior to the open and select any pairs that...
Until we have a boot camp for new traders and beginners here, traders must

Read post#1 and take notes.

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. ////.
When we are day trading, we can trade both-ways during the every market session even when the market is not trending. There will be swing highs and swing lows in the lower timeframes like the M15 on days when the Daily is volatile and choppy.

The key here is to look at the price swings and the key levels support / resistance of the higher timeframes as well as the lower timeframes.

Attached Image (click to enlarge)
Click to Enlarge Name: Market_trends M15 H1 H4.jpg Size: 44 KB


An example is XAU below,
> Daily is sideways choppy
> H4 show the swings with M15


Attached Image (click to enlarge)
Click to Enlarge Name: XAU May29 review NiTS 1-6-2025 9-50-18 am.png Size: 32 KB


>> picking tops and bottoms requires trading skills



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,213
  • Jun 1, 2025 3:02am Jun 1, 2025 3:02am
Quoting Islandfx911
{quote} No, I don't. If you start labeling the market as bullish or bearish you have formed an opinion / belief about direction and it will be near on impossible to put a trade on the other direction. There are to many variables to consider thinking like that. you need to trade in the moment, trade what the system signal is showing you. My daily plan is....... I go to my computer each morning and plot 4hr support and resistance lines in the near vicinity of the current price. I check out market activity prior to the open and select any pairs that...
Thanks alot Islandfx911 for a detail reply , this clears everything for me ,as well as thanks to other senior members who are contributig and helping new traders to learn and understand the market. Best Regards
  • #3,214
  • Jun 1, 2025 6:08pm Jun 1, 2025 6:08pm
Week 23, Jun 02 to 08 - Should be another good week to make some money.

Plan your Trade, Trade your Plan

Know the best times of the day to trade without indicators

Attached Image (click to enlarge)
Click to Enlarge Name: FF Cal Week 23 2-6-2025 8-49-32 am.png Size: 42 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,215
  • Jun 1, 2025 6:19pm Jun 1, 2025 6:19pm
Quoting emmanuel7788
Week 23, Jun 02 to 08 - Should be another good week to make some money. Plan your Trade, Trade your Plan Know the best times of the day to trade without indicators {image} ...
BTC Jun 02

- waiting for reaction at those 4Hr levels

- no trend bias, just pick the setup during every 4-hours,

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Jun02 NiTS 2-6-2025 9-13-11 am.png Size: 27 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,216
  • Edited Jun 2, 2025 6:55am Jun 1, 2025 9:59pm | Edited Jun 2, 2025 6:55am
I've been enjoying your thread! Thought you might be interested in this, just messing around with finding the most trendy times of day. 99,999 10 min candles were used in the calculation. Each bar represents a 10min candle. These times are -5 GMT (CST)

the details: a minimum % change of 0.0008 has to happen over 5 consecutive bars for a "trend" event to be counted (I wouldn't pay too much attention to the probability values)
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  • #3,217
  • Jun 1, 2025 11:11pm Jun 1, 2025 11:11pm
There's an old great post that people might want to check. https://www.forexfactory.com/thread/...brainer-trades
  • #3,218
  • Jun 2, 2025 12:04am Jun 2, 2025 12:04am
Quoting abimalik
{quote} GBPJPY again looks ready to fly {image}
still vaild
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 44 KB
  • #3,219
  • Jun 2, 2025 12:11am Jun 2, 2025 12:11am
what is your attitude/mindset?
you are happy with what you had caught.
or you are grumpy about what you could have got.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,220
  • Jun 2, 2025 12:21am Jun 2, 2025 12:21am
Quoting Inthebox
what is your attitude/mindset? you are happy with what you had caught. or you are grumpy about what you could have got. {image}

I am happy every day and that has nothing to do with trading.

Happiness is an Advantage.

Attached Image (click to enlarge)
Click to Enlarge Name: The Happiness Advantage by Shawn Achor.png Size: 82 KB


And this is my Mental Edge when I am trading, does not matter whether I win or I lose.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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