No Indicators - No Worries System

 

We all have seen tons of indicator based systems come and go. Anyone who has been around in the forums long enough know this as a fact. I can keep on going, nevertheless my goal here is to show you how you can trade without indicators and be successful which is the bottom-line of course.

Let me introduce "No Indicators - No Worries System" aka "Ni-Now" pronounced "nee-noew"

  • First thing first, remove all indicators from you charts. I mean ALL indicators, not even moving averages.
  • Second, Open Weekly timeframe and Draw Trendlines
  • Third, Do the same with Daily and 4 hour
  • ( Don't worry if you don't how to draw trendlines, we will discuss that later )

    What we are looking for is:

  • Where the price currently is?
  • Where it is heading towards?
  • Where will it stop?

These three questions is the key to trading successfully. To answer these question you need to follow the three steps I mentioned above. Once you setup the charts accordingly, start looking at the price like you are reading a book. Charts tell a story and as a trader we need to learn to interpret their meaning.

You must be thinking it is all words and no action. Bookmark this thread and come back to see the charts that I'll post in real time before the market moves. You will have to see it to believe it.

Regards

Victor

 

I am eager to test your indicators....

 

Looks interesting

adnagush:
I am eager to test your indicators....

I too will watch with interest . adnagush I think the point of this is there are no indicators

 
c1borg:
I too will watch with interest . adnagush I think the point of this is there are no indicators

yeah, me too. Hope it will change something.

 

I think - it may be similar with Level Trading system.

Level Trading:

- level trading as support/resistance is here;

- level trading traditional rules and indicators is here.

 

I think it's probably the same with "Level trading" in Russia. Well, I hope this is better since level trading needs Big Money to work (I think). Can;t wait to see this

 

...

What if the author of this thread will never post this system?

 

In this case - we can consider it as Level Trading (see few posts above) - with indicators already posted and 2 threads discussed and traded.

As I see - his system is almost the same with Level Trading (trading based on trendlines/support/resistance lines drawing for 2 or 3 timeframes and trading in case of all the lines are having same angles of parallelity for all those timeframes).

It works (I traded it) but it is difficult to trade.

It is better to use indicators to draw those trendlines by indicator (because it is too many lines).

So, we can use indicators from Level Trading system irrespective of about what he will tell sorry

 
Pava:
What if the author of this thread will never post this system?

WHY???????

WHAT TROUBLES YOU???????

 

...

dansmol:
WHY??????? WHAT TROUBLES YOU???????

If I will never get this system...I might never become profitable...

 
Pava:
If I will never get this system...I might never become profitable...

OK! GOOD FOR YOU!!!

Reason: