Pure Price Action Trading - NO lines or indicators
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Thread: Pure Price Action Trading - NO lines or indicators

  1. #1
    I am starting this thread to discover if anybody is effective trading a totally clean chart with No traces or indiors? I truly do see how drawing lines can be useful occasionally but I find them distracting. I have entered a trade too early or exited too late due to some line drawn that gave me false hope or uncertainty. It appears as if everything you need to know can be set by looking at a pristine, clean candlestick chart.

    What's there to search for besides classic candlestick formations such as the dojo, hammer, pin pub, harami, outside and inside bar, etc?

  2. #2
    Hi there guys.

    I have used them all!!!
    Each indior on every time period. Average outcomes. (Best for me was bollinger bands on a 4h chart)
    2 years back I started trading price action and using a good money management program.
    Approximately 6 months back I started really taking it serious with no indiors/news or enter out of any website/person.
    I have increased 61 percent on my account. If you have a good money management system set up you'll make price action trading work magical!

    Your place on your own agy. I work on a 1/3 SL/TP on a 4h chart. 5-8 trades per week

    Ex; Should I trade for a 45 pips profit my SL is currently at 15 pips, here's the kicker. I would then lock in 30 pips profit and place a trailing stop at 15 pips.
    Ether my trailing stop closes me a new setup against my commerce.

    Be blessed and happy pippin

  3. #3
    It's the way I exchange but I use HA on daily chart.

    Intended to add its how I swing commerce only. Pivots and lines as you word them are my favorite day trading method.


    Quote Originally Posted by ;
    I am starting this thread to discover if anybody is successful trading a totally clean chart with No lines or indiors? I really do see how drawing lines could be useful occasionally but I also find them distracting. I have entered a transaction too early or exited too late due to some line drawn that gave me false hope or uncertainty. It appears like everything you need to know could be set by taking a look at a pristine, clean candlestick chart. What's there to try to find besides classic candlestick formations such as the dojo, hammer, pin bar, harami,...

  4. #4
    Quote Originally Posted by ;
    quote I've been trading this manner for quite a while now. It was a slow process of removing increasingly more from my charts until just price stayed.
    Thank you Keyser_Soze. Could I ask your favourite time period?

  5. #5
    Quote Originally Posted by ;
    quote Thank you . Could I ask your favorite time frame?
    I use em all.

    I exchange mostly stocks today and tend to rely upon the 233, 512, and 1600 tick charts most often. Although I don't use price action in the sense your referring to it as (candlestick patterns).

  6. #6
    Quote Originally Posted by ;
    quote I have been trading this way for some time now. It was a slow process of eliminating more and more in my charts until just price remained.
    So do you just eyeball your distribution and demand zones or do you draw them ?

  7. #7
    Hey, where did your own explorer go?
    I was really interested and motivated...

  8. #8
    Quote Originally Posted by ;
    Hey, where did your explorer go? I was very interested and inspired...
    Yeah it is not looking to good at this time. View my thread...https://forexintuitive.com/discussio...-ibook-g4.html

  9. #9
    Can somebody tell me the way to place the explorer to reveal in my articles?

  10. #10
    I adore what u guys are doing in here...U guys are actually doing a fantastic role in FX.

    Anyhow the best means of investing and risking minimum in equity and maximizing profits is by trading PRICE ACTION.

    I exchange PA in plantations of manners...1. Via CANDLESTICK formations and two. Via KEYLEVELS (this are areas of strong SUPPORTS and RESISTANCE zones)

    In this chart, what did I see before taking the transaction?

    I saw in 4hrs chart the reversal pattern called the THREE BLACK CROWS....but really in this afternoon I did not enter the transaction immediately, reason being that USD was going to launch a RETAILS NEWS RELEASE....this kind of news would alter tendencies in technical currency....so I waited for the news release and on this particular day of trading, the launch was favorable for USD so that I chose the shot to go short with an excellent activate on the riffle.... And I got that result and that I secured in profit origin of FOMC.

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