Forex Trend Lines Are A Bad Idea Always

[@NoNonsenseForex]

Am I on mushrooms, or are my sound levels off? LMK

[@RipUnderstand]

Weird static sounds

[@wanderer73287]

Ur on mushrooms haha. Sound was fine mate

[@primoamoroso2814]

You're probably on mushrooms VP 😁 It sounds good.

[@fuckinepicful]

Maybe both

[@brentmcdeez]

Hey mate, thanks for another great video. I only noticed when I read your comment and compared the audio to your other videos. This video sounds like your audio may have been rendered at a lower bitrate. If you ever want help with your audio let me know. One tip, perhaps you could try a pop filter over your mic and moving away from your mic a little bit to reduce those bassy pops like when you say 'points' at 12:27. Overall though awesome quality content and no complaints. I'm really grateful for your work and so glad you decided to help traders cut through the sea of bullshit out there :)

[@MountainsBU]

I started studying your videos on Jan. 1 2019....10 days ago. I have a very small account $2,137.. I dipped down below that to about $2,078.00 while holding the GBP/JPY trade. Now I am back up to $2,132.84. Trading .01 lot size. You are so right, one must internalize all the video information and bring that all together to make appropriate decisions about entries, exits and management. I have thoroughly enjoyed learning this information. I'll be 75 yrs old in a couple of weeks and pleased with my success so far. Many thanks!

[@NM-kt4ht]

I realize why I was taught to trade using Fibonacci with trendlines by a trade education company I paid for. It was so I could be a losing trader and more likely buy their upsell courses.

[@ohthefuture7618]

Wrapping up my first set of live trades this week and let me just say, that this is the way, the truth and the light. SIMPLY switching to the daily chart has been a game changer. Using the ATR for SL and 1st TP; game changer. The idea of catching on to trends for as long as possible instead of "20 pips and dip"-type b.s. GAME CHANGER. I'm not looking at charts all damn day. Im not stressed out. I'm sure that my algorithmn is sub par, but I'm also sure that a sub par algo with decent indicators far outweighs the life stealing stress of a f@#%ing hourly chart with Fibonacci levels or other junk. Total transformation. It's insane. I have studied my ass off, did time in IML, read several books, etc.... but this FREE channel and blog has been the awakening for me. And others. Look around. I seriously feel sorry for anyone still believing the lies that they sellin ya. Disclaimer: I'm not associated with No Nonsense Forex or VP in anyway. Never met the cat. Never had more than back and forth in the comments. If you are reading this and are stuck, go through the vids in order and implement. You have been knocking......now just come on in. For real, thank you, V.P.

[@ohthefuture7618]

And let me add that I have the fibonacci spiral tattooed on the inside of my arm. It's beautiful. But used in trading markets, like this? Nah....live like the spiral. Trade like no nonsense. Shit got real recently, V.P. Cant thank you enough. Spiral out

[@wanderer73287]

I believe ALL traditional technical analysis is a load of crap. I let it confuse the shit out of me for a year and then I gave it the boot. Multiple timeframes? Trend anchors? Candlestick patterns? Really??? It's like people think the market is this living creature that is set in its ways and you can predict what it's going to do because of some arbitrary line or pattern on a chart. There's only one thing that makes the big banks do their "real" business (trading their own money, not their clients' money)........is the price cheap or expensive? If it's cheap they buy, if it's expensive they sell it. Game over.

[@theforexcodes8133]

Robert T The market is human behaviour for good and for worse. Recognise the moods...😏

[@serdaryavuz6996]

Go on tradingview, pick the most viewed and liked "idea" and do exactly the opposite of that idea.. 100% win rate guaranteed

[@archravenineteenseventeen]

Even that is 50-50

[@justatrader9129]

By far the best thing this guy does is pushes you into thinking outside the box. In 4 years of trading off and on I have only lost money. For the past 4-5 months, ironically about the same time I started listening to this channel, I've been up, and up a pretty good amount of pips at that. He's not "right" about everything, but that's because there is no "right' that will work for everyone. Remember these traders selling you trading education know something you don't, people with lots of money have diverse forms of income, trading, selling trading signals, selling trading education, and so on. Most of them push their education because its a more stable income, where as trading is not.

[@theforexcodes8133]

JustA Trader912 agreed. Take what you feel applies to you. Fits with your personality.😏

[@j.o6885]

Came here for the education, stayed for the sarcasm.

[@youngandsuccessful22]

I been using 200, 100, 50, 20 EMA’s for support and resistance. Been profitable for years, along with some other indicators that works for me, everyone has their own strategies but I really needed this video.

[@MrKaransuneja]

I always suck at reading charts and indicators; I was learning everything I could, but couldn't find any proper video of how things were done until I started watching your videos. Thank you

[@camrenac3552]

I get your argument but to be honest forex can be super complicated with all technicals and fundamentals or it could be very easy using naked price action. I’m not saying 1H or 4h trend lines work but significant levels of price action that’s very solid and price respects it. They work for the most part. People I know make hundreds of thousands using price action. I myself make great returns using only naked forex no indicators no bs. I also disagree with flipping a coin. Everytime you open a trade in forex you’re risking your money. Forex is all about probability, and buying and selling on significant levels of price can bring probability is your favour a lot and not to mention risk management as well. I noticed 4 hours 1h 30 minutes trend lines tend to break the most. Daily and weekly trend lines work great (for the most part) if you know how to pin point significant levels.

[@Chris-sl6zj]

That is because millions of traders have been taught trend lines, SR lines/zones, and channels, and all the other dirty dozen tools. Same garbage taught by most brokers and guru's. Big banks know this and eat their lunch, but not always, as they have to allow some wins to keep people in the game which is the "work for the most part" mentioned in your comment. Flip the coin, you will have better odds or stick with VP and change your life. Everything involves probability, but why not put probability on your side and not theirs. You can't see it until you have done at least a year of relentless no-nonsense trading and on top of that, you have to stick to the plan without wavering. Good luck either way! VP, thanks again for another awesome vid! Up 56 pips on the EUR/GBP as we speak. Glad I didn't use that trend line. :)

[@camrenac3552]

Chris like i could also tell you how many times I tried ignoring the solid trend line and it reversed like magic :) like I said above no trends likes are garunteed but I can show you countless times where daily and weekly trend lines got respected like magic . People make hundreds of pips using price action. Idk about you but instead of wasting away additional years and trying “1000” of other indicators which let me tell you are also 99% garbage . I’d rather stick to solid price action and strong trends and go with the wave. Having said that money management is huge when it comes to trading. To close off, there are millions ways to trade but to tell one’s way of trading is garbage is absurd. Some scalpers make thousands per day and some swing traders make thousands to each their own. A bad workman will always blames his tools, most people lose not because they’re following “trend lines” most people lose money for many reasons, risk management, emotions, not being disciplined.

[@st3v3cR0zz]

I dont want to draw a line on a trend after the fact. I want to ride the trend.

[@margottaylor2558]

Trend lines are like horoscopes. Anyone can make them appear to mean something. Anyhow, as someone new to forex, but with a science background, my reaction to trend lines when I first saw them was wtf? I did try and give them "a chance" by researching more on them but haven't found anything solid to indicate they are any good at having meaning. Thank you for the video(s)

[@TCRSreloaded]

Thank you! That is exactly what I felt about these trendlines. There is no system to it!

[@mattaldridge7341]

1. Google and KZbin search: Renko charts or Renko trading strategy. 2. Do not get lured into paying hundreds or thousands of $’s on courses or indicators. Theirs is enough free information out there on google and youtube that is the same or better than most of those expensive courses. 3. After days, weeks, months or years of researching and (siphoning through the bullshit) out there, find the Renko strategy that suits you. E.g what renko time frame to trade on or what market suits you best as a trader. For me personally its FX. 4. Study study and study more on your renko strategy until your happy and confidant that it’s not a marketing scam. 5. (Manually) back test your renko stratergy on a demo account until your happy it works and its profitable. 6. When your confident in your renko trading strategy and have been successful on demo trading go live. Believe me studying and using Renko charts will be the best thing you ever do in trading. Never buy into and sort of course, indicators, signal groups its all marketing money making (BS). I have probably have over $70,000 in courses, which I will happly give away. Like I have said all of the information on these courses is out there for free. VP is the first honest guy I have found on KZbin.

[@theforexcodes8133]

matt Aldridge I agree with much of what you say having traded 15 years. The problem is Matt, yes the info is out there but much of it is shite. The problem for newbies is sifting out the good stuff without spending 5 years doing it. VP helps in this respect although we disagree on certain things.😏

[@jacobrudge7460]

Hi, Nice advice! :)

[@dahliaredares7208]

C'mon seriously.. 70,000 on courses? didn't you figure out they were worthless after the first one?

[@fentonfairway5793]

Great video as always, VP. I don’t use trend lines as a main stay, I usually use them in conjunction with fractals, and my personal set of indicators, and I simply draw them out from the fractal points; the lines are less interpretative while utilising fractal points, in my personal opinion. Helps in determining possible highs and lows or possible support and resistance levels. That’s it but apart from that, it should never be used as entry criteria by any means, as many foolishly use it as!

[@UNCLELEE78]

VP.. You are my favorite to watch..listen and learn from.. You get right to it and have the best content around! Bravo!

[@dougl1965]

got the demo account rolling. i know everybody wants an exact method (do this, do that, and now you're rich!). I never seem to follow exact paths anyways...always gotta be tweaking things. started off with 2 good losses (same trade) but now I'm positive again...took about a week to get there. no rush... glad i found you VP! definitely a fresh, confident perspective! "We can do this!"

[@melvTV]

I find your videos really fascinating; although I don’t do Forex, these techniques and concepts really also apply to crypto too.

[@CJ-ui4tg]

Trend lines look correct....when looking at the left of the chart only.

[@PavelManahilov]

Watching and reading for weeks, and still not start to backtest a single indicator :) A lot of things to learn before that...

[@BM-yl4bv]

Pavel Manahilov it’s a marathon, not a sprint brother.. sounds like you are doing it properly, well done

[@ricklil8174]

Good things always take time

[@sergimrov9923]

I invite you to take a pen, paper and ruler, draw some random lines across the paper, and put the paper over any chart you chose... You'll discover magic! There'll be some of your freaking trendlines supporting price, or showing some resistance level, etc. Keep up the good educational work VP!

[@ChRi5t0FuR]

I will have to disagree with you on this one. Some pairs when using Support/Resistance and Trend lines in conjunction, are very powerful when determining profit targets. As with everything, nothing is 100% but overall, it for me is effective. Idk maybe I'm doing it differently then others but my bank account begs to differ. Happy trading and love your channel. No hate here

[@NoNonsenseForex]

I would offer the possibility that maybe it isn't the lines aren't the reasons behind your success. You probably have solid money management leading the way I'd bet. The lines are just arbitrary entry points.

[@ChRi5t0FuR]

@@NoNonsenseForex Ehh I guess you could be right. But I also draw more lines then most. My shit looks like a 3 year got ahold of my charts at times but hey, ain't nothin more crisp then a daily or weekly low kissing it and retreating. *Happy trading VP*

[@cheeweefoo4590]

agreed with VP... i never use any indicator or tool to decide a trade entry..only the volume indicator to gauge to buy or sell. i make my trade simple that i trade long term from weekly to monthly...i started small lot like 0.02 for a few pairs...stop loss between 200 to 350 pips as i trade the cross pairs like gbpjpy,gbpnzd..etc..if the weekly boys is on a uptrend on weekly close, i just look at the weekly volume strong, i enter a trade..the idea of what i am doing ,is to help me psychology in putting trades long term,a put and forget setup and not to look at chart all the time ... this concept will help to understand long term trade and the currencies behaviour . i believe long term trader with no fear, greed and money management,will be profitable.more important, i train my trading psychology and get ready for bigger lot size in future trading. cheers n thank you VP

[@anferneeclarkdawal3754]

Chee Wee Foo hey there! Im still looking for a reliable volume indicator. Can you please help me find one? Or can you suggest me what volume indicator you're using? Thank you so much!

[@nikhurst]

Thaaannnnk you!! When I first started out, I had so much trouble with trend lines. With all the videos and information that other advanced traders were putting out, there was so much inconsistency and confusion I ended up ditching them altogether... I much prefer your way of trading.

[@billborden310]

IMO trendlines are no worse and probably better than taking trades just because RSI or MACD crossed a line. Horizontal lines and trendlines work amazing well for me along with a couple other "secret" indicators. At the end of the day winning trades are not guaranteed. I've test thousands of indicators and systems just like you. Thanks for putting out these videos.

[@meeta400]

Any suggestions for secret indicators??

[@gomesgago]

I never traded before on Forex but I already paid a course to learn it. At the time I thought that I needed hours of screen time to effectively learn how to put trend lines and use them. I end up giving up in a demo account just because of what you said in this video. Now, 3 years later, this channel blown my mind and make me really try again Forex. I wish you the best, and keep doing these videos

[@sebastiangomez2170]

Thank you for sharing REAL information on FX and not selling a dream or magic indicator bs.much love and always wish you the best in your career and life!

[@JacobOh93]

Been on this channel awhile and I have to admit, it got me a lot better.. At least for the past 3 - 4 months been nothing but profitable CONSISTENTLY. Not really much on the strategy etc but really on my trading psychology; and also every single trade I take is very systematic and has a reason behind it. Like many out there, I used to use all the standard TA like support resistance etc and lost badly. Then I tried price action and maybe I'm just really not good at seeing patterns etc, also lost badly in the end. Then I realized that almost all of it was just guess work. How would u know this engulfing candle is true? How would you know if this support or resistance will hold or break out? How would u know if its a false break or real break? A good strategy is one that makes sense in every single aspect of your trade; be in position size, risk, entry and exit. It has to be systematic to a point that you can even do it half awake. But what really helped me was ATR and risk management. Essentially you'll never make it in fx trading in the long run if you don't have proper risk management. It's really all a number game. Its all about probability and statistics. Base on VP's recommendation, ATR x 1.5 for SL and 1 for TP . Put 2 positions in 1 without TP. The way I take this is.. market is random. Its a 50 - 50 game. Therefore with a 1.5SL : 1TP ration, essentially your winning % is approximately 66%.. but also understand 1x SL = 4x TP. Use some indicators or whatsoever strategy you've formulate to just up the percentage by even 1 .. you'll be profitable in the long run. With a 66% and above hit rate, it helps your psychology a lot. At the end of the day, its really not those small 1ATR TP that is gonna make you money. Its your 2nd position in the trade that runs and runs for days weeks and months. Those are the ones that are gonna earn you big bucks. And if you're able to have a strategy that gives u a slight edge of 1% or more in the market, you're in the 10% winning retail traders. If you think about it why people say those who go to casino's are gamblers .. while the casino is running a business. The casino has an edge against their customers.. even blackjack with the highest percentage of gmablers winning.. the casino still has a 1% edge against them. With proper risk management by casinos, the numbers dictates them to be profitable. Thats why there a limits at tables.. it's their risk management. They'll never take a bet that is too big and they have deep pockets. So it really puzzles me how traders take huge position size, risking 10% or more of their portfolio. Some traders don't put SL .. me on the other hand don't put TP.

[@DanPocketRocket]

Yes! Thank you! I prefer moving averages; the trend line that bends...

[@russellbarnes5321]

Thanks from Phoenix for another great video VP. Keep 'em coming man, we're all hungry for more!

[@tyresekeyter2968]

I never really understood how to use trend lines, there's just too many candles to just be like, "Ya I'm gonna use this one" so i never really got into using it so that's great for me

[@lucapuzzoli8363]

Love all your videos mate! I used to use trends and S/R but I’m doing much better now thank to you mostly to share this information!

[@vittoriomontijano6690]

Everithing sucks a lot. Everything works bad. Everything must be avoided. What's it that actually works from your point of view?

[@NoNonsenseForex]

Half of my channel tells you what works.

[@TheTradersPlaybook]

😂

[@louwa9867]

Hey guys. VP. Thanks for another brutal eye opener. I've been reading and studying a lot from the likes of Napoleon Hill and Earl Nightingale about the 1% of successful people vs the 99% of unsucsessful people. It is not so much in our own flaws and shortcomings that people fall in the 99%, but rather about the way we were taught. Never would I think this the same in trading. I really thought it was just discipline, greed and personal things like that that made the 99% fail. Boy oh boy this only boils down to how much you want it. Block out the noise and grind...… your material is top notch sir. You should be called VIP

[@andrewbrown4313]

I honestly thought that when you do price action trading you're a "pro trader" BUT, after watching these videos.. pro level is right around the corner for me!!!

[@kiihdrihz1]

His sarcasm on those bs trend lines was hilarious. It makes complete since though. The Iml group I was in, teaches this exact failure he speaks on! Thanks VP

[@thejamalc]

Definitely makes sense, I have always thought the trend lines are off. They aren't consistent or accurate on the chart. Messy messy messy. And it feels like guessing when drawing them on. After price has changed they may or may not make sense, but trading is about getting Your system to work for and Entry and an Exit, Nothing more. Trading can be simple so find simple ways. As always thanks VP

[@mikescarborough9196]

There are two ways to look at a support and resistance line or a diagonal trend line: You can look at an S/R line as being a either a WALL or a TRIPWIRE. The wall idea is stupid because the banks and the rest of the market could care less about some line on your chart and that line is not going to get any respect because it doesn't represent anything concrete. The tripwire idea of an S/R line goes no further than to suggest a possible change in existing market sentiment about the value range of an instrument by alerting you that the line has been crossed. A tripwire doesn't predict anything, but it does tell you to wake up and pay attention to a possible change in direction or momentum.

[@NoNonsenseForex]

100% agree on Support and Resistance. I don't think there's anything of any significance going on with Trend Lines for the reasons I described, but the S&R video is going to be quite different from this one.

[@mikescarborough9196]

No Nonsense Forex The one thing that really interests me about a regression line with 2 standard deviation channel is when the market starts moving more than 2 SD from the existing regression. I don't do anything based on that info other than maybe check for a change in ATR.

[@Pepesito_x]

Master VP is drinking his morning coffee... The sun didnt even hit Vegas Skyline yet...but his mind is Set - Today im gonna red pill more traders. BOOM!

[@falloverpete]

One of the most frustrating aspects of watching online gurus is that they will 'present' a trading concept and then produce cherry picked charts as 'evidence' for that concept, which is the number one cause for computer monitors to be kicked off their stands in the USA right now.

[@theforexcodes8133]

Gregory Francis Instead of kicking your monitor just take a deep breath and say “that’s interesting”. Do that when trades lose or something unusual happens. Give it time it works. (Also cheaper than replacing monitors.)

[@Digital_Alchemy]

You all are missing the point. What my trading brother is doing here is dispelling the idea that anything "works all the time / is magic." Trend lines, when drawn correctly, EARLY & NOT re-positioned, work well especially when drawn as channels. However, if you'll notice, each time price touches a line, it's at a point of structure. Same applies to moving avgs (esp the 20 or 21) as well as of course, actual structure lines. Stop trying to chew up a guy who has traded 15X longer than you or I simply because you think you've found "the holy grail". 'Taint one. If there were, the markets would end immediately. Institutions NEED retail traders to be wrong. Stop & think on that as you buy that next $97 bot. Jordan in NC

[@BM-yl4bv]

When I found your channel, you had about 600/700 subscribers and the videos would get 2000/2500 views... to see your channel take off like this proves just how real the content is you are serving up.. people fed up with paying for courses and getting taught things like trend lines, only to find a free channel on youtube that debunks them in a simple 20 minute video. madness.

[@PuttyTatProductions]

That's why I love when they say there is a wedge or triangle and price is going to break out, it really doesn't have a choice it has no other place to go it's pinned in by the trend lines.

[@martincheto10]

I dont fully agree on this one because according to wyckoff and vsa if it breaks trendline it needs some effort that u can see through the volume so I think that it has some value

[@Distract]

Things like double tops, double bottoms are high win rates these can be viewed by trend lines support resistance, bull flags, falling wedge these are all high winning rate trades though. The lines are just there to assist

[@shiningstar8595]

I'm a bit of s beginner in trading, but I think its best to use what you have proven works for YOU. Reason being, what works for one, may not work for another person. One person may be fantastic at the other indicators, good for them!! Another might be fantastic at trend lines, wonderful for them, it makes them money and that's what we're all here for. But, learning new ideas and concepts is also great and try them out in a demo account. If they work for YOU, great, start using them and drop the 'old' stuff. Use what's efficient for YOU.

[@lijacom]

But everyone has the same chart in front of themselves how can a tool tell someone to take a losing trade but another person to take a winning trade?

[@dantefajardo347]

Trend lines don't fall into indicators because they don't have a mathematical formula.

[@warwick3805]

I agree with your comments on trend lines and the "bad tools". Then my question is, what are good tools?? how do you define a "good tool"// How do I recognize a good tool when I see it?? So many questions, so few bullets.

[@NoNonsenseForex]

The 'Trend Indicators' video I did should help

[@edwardlau5229]

Appreciate the videos you made. Really good presentation right there! Looking forward to more videos! Cheers!

[@arlindog.8216]

I swear I was drawing a trend line on my chart as I heard the introduction on this video.

[@Unk06]

What happen NEXT?

[@sam10reis]

ahahahaha

[@Phangmaster]

Oh thank god, finally someone talking about Forex that actually makes sense to me. I keep learning and learning but the back of mind is screaming "bullshit, coin flip, 50/50, bullshit" so I'm so glad to hear a different opinion.

[@michaellad8852]

thanks vp without you I would of never of tired testing other indicators, ive only knew about forex for about 10 months and I got brainwashed to just use rsi, trendlines, fib ect, respect brother

[@franklinminnis349]

I don’t like how cryptic you are but I appreciate how you make me ask questions!😡

[@godswillokafor8030]

After i had finished watching the trendlines video the logic behind what you do became less vague. I recall when i began to demo trade and trendlines intrigued me the most because of how "simple" and "efficient" it seemed, for over a month i kept trying to make use of it like the "gurus" and boy! did it frustrate the hell outta me; when the candle sticks approach the lines i'm pumped with emotions whilst looking at price action to confirm a set up, it felt more like a guessing because most times price will do the opposite of that system. I hated indicators because everyone talked bad about it but it is much easier to learn how to create an "inconsistent" system that will run the same process everytime and since we know who controls the price nad having learnt how to follow the big banks ie (trend traders) we will very likely be profitable on the long run with very good money management.

[@SSEnrich]

14:50 the red line on top appeared because it is a parallel channel, equidistant channel. However. It does not fit as it has not got 2 connection points on top.

[@stevecunningham427]

I love pattern trading on the weekly time frame. I have a set of rules to trade to. I don't use any indicators at all except for two lines and that's it. I may wait weeks for a set-up. The person that mentors me is a millionaire so I think the proof is in the pudding.

[@josephballiro2352]

Trend lines always made me feel like a 3-year old with a crayon trying to stay within the lines on a child's menu at a restaurant. Foolish.

[@domingocarlucci1946]

I think Price Action is one of strategy that traders with medium and high knowledge in forex uses, I don t know how many of them are profitable , because I consider my selve high age (66) and minimum knowledge in forex, my opinion on PA is like flipping a coin. Sorry to hurt some filings. We will get it.

[@saks5]

It's all about the price, only PRICE matters either up or down

[@shawnstaffa1896]

I'm on board! There's no need for trend lines on my charts. I don't use them; my system works great without them. Thanks!

[@fiveleafcloverfpv4445]

Again straight to the point. In the beginning a few weeks ago I was more trying on my own logics. Worked not so bad. Since I try candlestick patterns, trendlines and some of the basic indicators that are popular I'm just losing money. My mind was already saying this make no sense! I was watching the forecasts. They put on some lines. Make a long story it will go up. And the last 2 lines they say. But it could be the opposite. Yes that is helpful. Online indicators. Also tried that. They tell you 5min short, 15 min short, 1 hour short 4 hour short 1 day short. I go in on short. And after 30 minutes it goes long. I'm glad you are thinking the right way and not be a follower.

[@mergeform]

Trend lines work best with a stock index like nasdaq 100 Forex works better with moving averages

[@jaybee9054]

Thanks for pointing out the BS - We love you, VP!

[@mykobaluyot1548]

This channel is legit. i wish i could post screenshot of my trades here. since after i watched your videos bro, i got 4/5 win trades with massive gains of pips compared to my trades before. thanks bro

[@bader9205]

By doing what?

[@alanabela1900]

I know a guy that he's been using trend lines for 3 years. He's been making consistent profit. He's been calling his trades for free for the last 2 years. Maybe you don't know how to use trend lines.

[@tarekm5208]

whats his name

[@bentabar4544]

@@tarekm5208 nick shawn

[@trigaVAL]

I don't even use trend lines but still watched it all! great video

[@jeffhaley9494]

Great information and insight...knowing the basis of Forex and how the system works...ie, us vs banks...this should help prevent us from looking for patterns at all...because they are irrellevant.

[@Jacob1stplace]

thank you for always telling the truth VP. you are my forex sensei

[@zacharysandler1402]

Hey throwing out a guess for one of the missing parts in the algorithm. At this point in time I am only aware of 4 components. So I've been doing some thinking, and it dawned on me. What use is our algorithm, if it coincides with the 99%? I'm thinking that if our strategy is coincidentally in tandem with the 99%, we simply do not trade. How do we determine if our trade is the 99%? Well, you got me there. Truth be told, I have yet to begin trading, I'm still a sponge.

[@Brentrades]

These videos are awesome man. Youre Inspiring me to make some content myself like this

[@tbelj]

Cant wait for more money management and trading psychology! Those are my favorite. Always a great time to see any new vid

[@lucapuzzoli8363]

LJ Browner Mine too 💡I find it so interesting !! the psychology behind trading, actually trading it’s self is probably the best personal development program in the world because is forcing us to change the way we think 💭

[@DoneFXCrypto]

Great videos VP, but I really wish and sugged you make a clear point video or podcast on how we should trade or go about trading and making successful consistent profit by applying this your different trading ideology strategies the ones which is the best and how to combine them like the best money management, indicators, time frames, currencies to trade, stop-loss and how to determine entry and exist points as in step by step method justlije looking at your back as you doing it everytimeyou wish to trade to how you combine all this strategies for best results, please help because of newbies and those that have all the time to start investigating 1000s of indicators and strategies.

[@moneyprintergobrr6501]

Trendlines are what got me into trading years ago. I thought I discovered the holy grail on day 1, oh how naive :D And to think I was right...

[@kitchenspiral]

Good luck on your first oil trading, and look forward to expanding our market opportunities. As always thank you for your tips and food for thoughts.

[@Alex-Nate]

Give up drawing trend lines? I'm in! Thank you! Blessings!

[@Finance_Alpha]

Another way you can tell that first Trend Line graph is BS is because it is becoming incrementally smaller by the denominations of 20 as you increase. In other words, the graph has been "warped" to make it appear that price is fitting between those Trend Lines. Conclusion: Trend Lines = BS.

[@JJFade]

Traders like you will don't even know the real basic of trendline...my mentor already made millions of dollar by using snr and trendline only

[@ricklanders]

Love all of NNF's videos, and find them balanced and insightful. This is the only one I've seen that I disagree with. Trend lines in my experience are incredible. I don't use them for prediction, but for an alert that something is changing. Maybe it's a matter of how you draw and use them, but taken with a grain of salt, I find them extremely accurate, useful, and generally a good signal.

[@deta_detach]

yeah, it's good sometimes like repaint indicator

[@Sarah-vs-Hagar]

I am not trying to pick a fight, but often I watch how the majority of your videos tell others what NOT to do. When do you tell others What to do? Nevertheless, how do those of us failing at Forex "do better"? Also, why is it the "Forex" trendlines are a bad idea? The dude at Online Trading Academy Dan Sugar, teaches many to trade the TLB (trendline breaks) all the time. My other question is related to trendlines. What about triangle breakouts? Are they not based upon 2 lines? Signed, confused

[@theforexcodes8133]

W B Knowing what not to do is more than half the battle, however, I have to agree you have to know what to do too.😏

[@azmedicare]

You Rock! This are the same question I had.

[@zm8714]

There is no one way to trade Forex, - yours works for you and that is great going also for those who agree with it.

[@VilkasDe]

Love the content and the work you put in! It makes a lot of sense and I personally have burned many times from these Trend Lines, so I am more than happy to take them off! I'd rather flip a coin it might have more consistency jajaja :D

[@mcpt4196]

I think trend lines are usefull. Not to place your trades but to pay atention to a specific moment in time and to confirm the trend indicators, like SMA's. To place trades, simply use oscilators (MACD, Stochastic, etc). Look for divergence or sell signals but ALWAYS at those moments you are looking at and in the direction of the main trend. Last but not least... ALWAYS LOOK LEFT. See if there is any previous levels of resistance or support at that moment. But if you are sucessfull using no trend indicator or following those rules, just continue with that strategy.

[@dft9999able]

FML, the time and money I would have saved understanding this sooner.. ugh.. better late than never! Thanks VP!

[@cryptokidd2531]

Knowing a guy that has a friend that was the chief Trader for a big bank in the city of London, I disagree with you all the big players use Trend lines to identify areas of probability, It's about phycology so if the majority of people use trend lines then it's likely there will be a lot of buy/sell pressure around them areas. so horizontal and diagonal support and resistance is paramount to trading.. what you do at these areas and how you decide to play the trade or exit the trade is another story completely. but to say don't use them in my opinion is bad advice.

[@dennisjasonbago3659]

there is an indicator that automatically draws trend lines for you and re-adjust to a curve if there is a reversal about to happen or range bound. make sure to adjust the periods. it is called the Polynomial regression channels.

[@nathankhalifa9232]

Feel like my all life have been a lie...

[@laurenh978]

Thank you VP!

[@kabelokadiaka3690]

WE NEED THE SUPPORT AND RESISTANCE VIDEO.... Ain’t no way dey don’t work, what if you use Weekly Levels and price action confluence?????

[@pieterpelser242]

Hey VP, You opened my eyes to look for other indicators that work better than the "Best One". The internet is just overloaded with MACD, RSI, OBV, EMA, BB. You really helped me in the right direction, to search for other indicators that no one is talking about... Thanks Pieter - South Africa

[@BenPaton81]

Excellent video as always VP

[@kithekacharles4735]

This guy always nails it! I'm serious!

[@DigitalityChief]

Thanks VP! Trend lines suck!

[@RobertLoyale]

Trend lines was my starter strategy. Made me hundreds on gold last year 😂 but it’s dumb. Highs and lows is a better strategy. Seriously

[@sincerelysurfing9707]

For sarcasm watch the beginning of the Fibonacci video lol!

[@randlilaszlo756]

Hi VP You are right no tools can help to predict. Prise dont care the lines. Indicators are in delay. Forex is the playground of the big banks. But the stocks???? easyer better what do you think??

[@NoNonsenseForex]

Forex easier, better. Less helplessness to outside forces.

[@primoamoroso2814]

VP, when you tested those tools, did you tweak the settings too? Or you just leave it on defaults? Thank you for your response. Lets go get it 🤩

[@NoNonsenseForex]

Both. Some are best on default, some are not.

[@sergio-rayjansen6888]

💀love your content sir, but TLBS with resistance zones and i lil background knowledge of how the big banks do it and market sentiment ...it's the best strategy i know. But im looking through your videos to see something better. But keep the knowledge coming @nononsense

[@chunchell9414]

I never understood the use of the trend lines.

[@allensilveria9614]

When i first heard the concept i was like OK, but when i went on trading view, i was like "uh which timeframe, uh which period"? it wasnt helpful

[@TheyCallMeCHICKEN]

I knew it, i knew trendlines were horseshit.

[@willemjanse1254]

mmm...LOL....At least I was doing ONE thing right....hate trendlines and don"t use em....Still a long road ahead for me...so much to learn...!! Once again traders...please share your indicators, no shame if not correct (I know mine are all probably incorrect) - we can get ahead so much faster by sharing....

[@dft9999able]

If you're wanting to contribute, here's a link good for 24 hours where others are sharing and talking about indi's, fundi's, psychology, and other nononsense gold: discord.gg/hK92K7

[@davidclark6955]

Hey Willem. The algo I currently have is : 1. ATR 2. ? 3. Confirmation indicator(s) *25 period EMA HLC/3 setting *Parabolic Sar 0.02, 0.2 setting *Weekly and Daily MACD by Vitaly Apirine set at (45, 115, 9, 23) Enter if EMA breaks above or below price, Weekly/Daily crosses and Parabolic Sar dot is on the same side as the EMA line. 4. ? 5. Volume/Volatility - TTM Sqeeze indicator...only trade if signal dot is green. 6. Exit Indicator - Parabolic Sar Get out of trade if dot moves to the opposite side of trend direction you are trading. Believe me...This combo will likely change with time...but it's better than what I used to do! Good luck

[@joeljoese7710]

William are you in the VP telegram group? People are working together there to find indicators that work.

[@ZarKkiFy]

@@joeljoese7710 could you link that for me please? thx!

[@GhettoLenin]

I just removed all the trendlines from my charts and felt damn liberated...thank you for breaking me out of this bad habit...