No Indicator Trading System | Page 200 | 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

  • #3,981
  • Mar 16, 2026 9:05am Mar 16, 2026 9:05am
Quoting soul4
Sell GBP|JPY {image}
Lets see, im in
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 40 KB
  • #3,982
  • Mar 16, 2026 3:16pm Mar 16, 2026 3:16pm
Have you ever noticed that sometimes when you look left across a chart, the current candle can not close above a previous important bearish candle's open, or close below an important bullish candle's open?
  • #3,983
  • Mar 17, 2026 2:32am Mar 17, 2026 2:32am
Quoting Rfastrat
Have you ever noticed that sometimes when you look left across a chart, the current candle can not close above a previous important bearish candle's open, or close below an important bullish candle's open?
Yes, I've seen that! The point is to turn it into an advantage, like any other pattern.
  • #3,984
  • Mar 17, 2026 2:46am Mar 17, 2026 2:46am
Quoting Rfastrat
Have you ever noticed that sometimes when you look left across a chart, the current candle can not close above a previous important bearish candle's open, or close below an important bullish candle's open?
The real challenge is identifying that key candle in advance.
In hindsight, it looks straightforward. In live conditions, however, it’s an entirely different dynamic.
Success = Practice + Patience + Persistence
  • #3,985
  • Edited 3:43am Mar 17, 2026 3:10am | Edited 3:43am
Sell EUR|JPY
UPD sl
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 51 KB
  • #3,986
  • Mar 17, 2026 8:56am Mar 17, 2026 8:56am
I think OP didn't mention this and let's see if this idea works. Most people have a problem - how to define a rejection? My idea is: if you find a rejection wick on 15m, check 5m/1m for an engulfing. Sometimes you'll see double engulfing in different directions, that's probably the time that you should wait for a longer timeframe candle close.
  • #3,987
  • Mar 17, 2026 5:24pm Mar 17, 2026 5:24pm
Quoting fxpider
{quote} The real challenge is identifying that key candle in advance. In hindsight, it looks straightforward. In live conditions, however, it’s an entirely different dynamic.
I think a candle, as its being tested, especially at a swing high or low, is all I look for. Seeing the current candle then close inside the previous candles range and i'll take the trade
  • #3,988
  • Edited 10:24am Mar 18, 2026 3:04am | Edited 10:24am
buy bounce EUR|AUD
upd +8R
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM30.png Size: 66 KB
  • #3,989
  • Edited 4:14am Mar 18, 2026 3:24am | Edited 4:14am
Buy USD|JPY
close +9R
great trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPY.png Size: 28 KB
Click to Enlarge Name: 123.png Size: 13 KB
  • #3,990
  • Mar 18, 2026 3:41am Mar 18, 2026 3:41am
Quoting soul4
Buy USD|JPY {image}
A classic example of confusions.

We have rejection candles both ways... which one to pick and why / why not?

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 28 KB
Success = Practice + Patience + Persistence
  • #3,991
  • Mar 18, 2026 3:49am Mar 18, 2026 3:49am
I don't know where the market is going. I saw a setup and I'm taking action. I've accepted this side of things now, accepted the risk, and am waiting for the results. If I'm wrong, no problem. There will be other opportunities.
  • #3,992
  • Mar 18, 2026 4:28am Mar 18, 2026 4:28am
Show some dedications. Appreciate OP's lifework.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 61 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 81 KB
  • #3,993
  • Mar 18, 2026 5:00am Mar 18, 2026 5:00am
Quoting fxpider
{quote} A classic example of confusions. We have rejection candles both ways... which one to pick and why / why not? {image}
I wasn't watching UJ but having a look now we brok through 4h support that had been kissed in NY yday and rejected hard from the low the other day into a breakout, this would suggest a further push upwards as supporting confluence imo. Just my hindsight thoughts though
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 33 KB
  • #3,994
  • Mar 18, 2026 5:17am Mar 18, 2026 5:17am
If you look back in time at how levels are worked out, everything looks beautiful. But! If you're actually trading slightly differently, the price may behave inappropriately, changing the same levels along the way. That is, backwards, all levels are redrawn to match the new levels that formed later. Experiment: draw levels 5 years ago... They won't look like the ones you see now.
  • #3,995
  • Mar 18, 2026 5:18am Mar 18, 2026 5:18am
Quoting fxpider
{quote} A classic example of confusions. We have rejection candles both ways... which one to pick and why / why not? {image}
I wouldn't be looking at IC Markets on trading view for anything that needed an accurate close because it closes a full minute later than any other broker. If you are on the 1 minute chart it doesn't matter but anything higher begins to look wrong.
  • #3,996
  • Mar 18, 2026 5:24am Mar 18, 2026 5:24am
Quoting zkchyo
Show some dedications. Appreciate OP's lifework. {image} {image}
Great job.You're great
  • #3,997
  • Mar 18, 2026 6:35am Mar 18, 2026 6:35am
Quoting zkchyo
Show some dedications. Appreciate OP's lifework. {image} {image}
Oh nice, how do we get this?. Well done, whoever did this.
  • #3,998
  • Edited Mar 22, 2026 9:14am Mar 18, 2026 7:33am | Edited Mar 22, 2026 9:14am
Quoting Patso
{quote} Oh nice, how do we get this?. Well done, whoever did this.
The file size is too big, so you have to download it from my Google Drive
{ personal information deleted by staff, per request }
  • #3,999
  • Mar 18, 2026 8:42am Mar 18, 2026 8:42am
Quoting zkchyo
{quote} The file size is too big, so you have to download it from my Google Drive https://drive.google.com/file/d/1i7i...ew?usp=sharing
Cool, thanks for sharing
  • #4,000
  • Mar 18, 2026 7:24pm Mar 18, 2026 7:24pm
Quoting Rfastrat
{quote} I think a candle, as its being tested, especially at a swing high or low, is all I look for. Seeing the current candle then close inside the previous candles range and i'll take the trade
I like it. What's the lowest timeframe you would go to check for this? 5m? Let's say price comes to your level and it shows rejection and the pattern you mentioned on 5m and 15m is still not closed yet. Will you trade the 5m signal?
5 traders viewing now