LOOK MA NO HANDS!

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In a no handed landing, the most important aspect of the trick is the bike set up while in the air. When you are extremely comfortable on the jump at hand, you may be ready to try this trick. Jump the jump in a neutral body position as if you were just testing the jump out. When first attempting the no handed landing, its best to wait until just before touchdown to remove your hands. As you approach the landing ramp (while still in the air), check your flight path to be sure the the bike is angled parallel to the landing ramp's angle, so that the impact will be minimal and the center of gravity will be neutral.  The bike should also land at the top of the slope, which will further minimize the impact. Do not attempt this trick if you feel you will over jump the landing. First timers should wait until just before touch down to remove their hands, and you should only remove them a few inches from the handle bars. Many riders simply release their hands pressure on the bars before landing, to familiarize themselves with the lack of control while landing. It is vital the the bike lands strait and the bars are kept strait as well while the bike touches down. You must grip the seat  and sides of the bike with your boots and knees, keeping your legs tight on the bike with your knees slightly bent to absorb the impact. If you take give too much, however, your face will be sent into the bars, and you may come off the bike completely. If you land with the bike pitched too far upwards, or your body positioning too far back, you may fall off to the side or to the rear of the bike.

The above images illustrates the body positioning and set up of the motorcycle for a no handed landing. Notice the slightly downward angle of the bike and neutral body position. 

You can see above how the rider has his arms away from the bars but are still in a tactical position to reach back if neccisary.
The rider is gripping the bike tightly with his boots, and has the bike set up perfectly to match the angle of the landing. Notice the rider's helmet and how he is spotting his landing.