What is your most profitable trading method?

Forget technical indicators. They will mess your game up. Learn to read price action.

I draw fibo on daily candlestick chart. But the way I draw the fibo is different, not the same as what it should be.

It reduce my risk and increase my profitability.

Only works on GBPUSD.

I tried this method for few months, almost 100% hit my TP, I never set a SL because it won't go against me

Let me prove it for a year, maybe I can share it later.

I use the "Vegas 4HR" method to determine the weekly trend and then look for confirmation on the 4HR and 1HR. As soon as price on the 15Min goes against the 1HR, 4HR and Weekly trend...Im looking to get in. I use "Randy Candles" for actual entry.

If I feel like scalping, I simply scalp in the direction of the main trend and again use RC for entry

What about VSA, THV, and the Jankone M5 method? Has anyone here become consistently profitable with one of these?

Nice explanation. Thanks for sharing!

Hi all

Compelling momentum off GBP/JPY between 4 hours; 2 hours before london session, 2 hours after london session.

Using daily pivots as support/resistance, limits of bollinger bands/channel, stoch and macd and general trend on 4hr, daily

Aiming 100+ opportunities

to me what i have consistent over my trading period are that nothing is certain. i dont give too much attention to candle stick pattern. PA i dont much facncy it. what i basically do is combine my 26SMA, 8EMA, 34 CCI & 55 CCI(with zero as base line) and the last being 26 RSI( with 48.75 as base line). i target 500pips a month and i can tell you it has been my holy grail for a great period of time.the other thing is i dont take a trade if the two cci and rsi are not in the same direction even if there is moving average cross over.i employ my psychological understanding if 55 CCI didnt cross the zero base line after the 34 CCI has done so lets say for about 3 to 4 candles. and the rest i just go with flows.

the thing is i have read so many articles here in FF, some say indicators are rubbish and PA is the way to go. i tried so many things but found myself doing the same thing over and over. what i have come to realise about this game of ours is listen to ur instinct and understand that no system is false, the only false thing is you. i dont care what is true or right but im much more interested in lies that work, we are all liars anyway.
the other thing that baffles me is the ruse about RR and MM,over leverage. there is nothing as such.even if u use 0.01% of ur account to trade and u didnt get urself or the system ryt, it will only take u a very long time to get it burn but the truth is it will bet burnt anyway. i have used up to 60% of my account many times than i can remember and still didnt get burnt. so i think what newbie like me should focus on is the psychological path and not the trading path(MM,RR,System) to me trading system comes after the psychology and then MM. nobody will tell you to lower your lot size when you have a sizeable account, it will be built into you naturally
im open for any form of criticism
just my 2 cents

In this place we live something came into being that can have compassion and that can cultivate the earth, the consciousness of humans. This is the one true system that we use to trade. To think that there are any other system to trade, or that someone else will provide you with a system does not seem logical to me. From this understanding, not from being able to recite what i just wrote, but to be able to understand that derives every trade that is closed in profit.

I think price, any price, is an idea. That idea is singular, it does not exist in time, does not exist in space, does not need space or time to exist. That idea is what we see surface as what we call "news". Every price there is not separate from that idea of price, in fact they are all part of the same idea as are all other things. If you grasp that idea, you will not need to close any position in loss, and the closer you are to grasping that idea, the fewer of your positions you will see fit to close in loss.

It does not matter if you are skinny sitting under a tree in the shade in India or if you are looking at price in your chart, you are looking and thinking and sensing the same thing. You can search your hwole life, and you will never find it, since it is the thing that you are standing on, it is the soles of your feet and the brain in which all those signals rush about from here to there.

People can go looking for enlightenment all their lives, does not matter where they look the hwole act of searching is in vain, unless they calm down and stop searching and realize they had it to begin with, and that its really not something to have, it is what we are.

All so called "trading methods" must be verified by empirical evidence, if they cant be verified, they have no use and should not be used. In this process of verifying them, one will come to see their faults, and in doing so, through a process of reduction one will perhaps instead use something else, until all that is at fault falls away and left is this one idea in some human aspect of it. It is possible that someone other then oneself will see some merit in a "trading method" that oneself does not. However chances are that if that seem to occur, that person is delusional or lying.

Stop @ Breakeven made me sucesfull

Can you explain - I think I understand but a little more info would be helpful.

Using price action techniques (pin bar, inside bar) and trading higher time frames. Looking for 2x risk or more based on my stop loss.

Have been trying to trade usin indicators for 5+ years and failed (Was determined to make this work). Tried pure price action using support/resistance lines and instantly became profitable.

I disagree. The most profitable method known to man (at least as far as I am concerned) is the MTF method.

Look it up. Google it. It does wonders.

MTF = Multiple Time Frames

It is similar to VSA (volume-spread analysis), but yet, totally different.

I would say that I use it successfully if it weren't for the fact that I severely lack the discipline it requires.

... Also hoping to revive this thread (a bit)... at least until I can start my own.

My method is better than all of these

WRONG!!! Technical indicators rock, and I would NEVER trade without them.

Why don't you try saying... technical indicators PLUS price action?!

Buy low, sell little higher and vice versa

Going back in time are we? We got some famous and infamous posters on this thread, that's for sure.

Absolutely! It's never too late to revive something that is worth it and can be helpful.

I guess I got a little carried away in my lasts posts , but seriously the best method known to man is the MTF (or MTFA) method. It basically takes elements from a lot of the comments made so far, like "follow the trend", "the trend is your friend", and good money management. Of course, nothing can replace those crude, fundamental facts.

But the fact remains that the whole identity and beauty behind the MTF system is that it allows you to trade with the trend with very precise and defined criteria, and good entry levels.

It is also the best scalping method known to man, at least imho. It's only when you start to understand the influence that different time frames and alternative perspectives has on your trading, that you can start to see the big picture.

I have pocketed a few pips doing intra-CANDLE trades. Look for a 5 min candle that is bouncing up and down like a pogo stick. Enter in the direction of the move as it retraces near the opening of the candle. Not for the faint of heart.

Price action IS the best technical indicator.

Yes, yes... we can have this debate all we want, but it will never end. I would in fact agree with you, that price action IS the best technical indicator, except for the fact that it indicates nothing... other than the current price.

You are welcome to have this debate here at my thread based on technical indicators, http://www.forexfactory.com/showthread.php?t=449125, but I do not believe this is the place for that debate.

I stand by my statements: MTF Method = best method known to man

And if you would like (all programmers), please feel free to contact me as I am in the process of developing an EA and would love your help and expert opinion!