A Strategy where even BEGINERS can make PROFITS!

2 May 2018

Hi all,
I have come up with a simple new strategy where EVERYBODY can make profits on any type of trading with profits starting within a few days at the most.
This is not about trying to predict what the future market is going to do using any number of indicators, formations or patterns. And is not based on any fundamental analysis.
My testing has shown it to work when market conditions are long, short or going sideways.
It uses only 2 indicators. The 100 & 200 moving averages (MA) and I have based my testing on one hour charts so far over a month and although I haven't tested other timeframes, I'm sure it would work on any above 15min. Although not with the same results because the value of the stop losses would be comparably higher.

Have tested on BTCUSD (38%), EURAUD (3.74%) and NZDJPY (4.55%).

So how does it work?

Well, as the chart shows its as simple as placing a trade as soon as the price moves over either of the MAs and closing it once it reaches either of the MAs again. That's going up or down. Of course that means as soon as you close one trade you open another.

Always place a stop loss as close as possible. That way, as you can see in the chart, losses are kept at a minimum.
If the price is crossing between the MAs, as in moving across one toward the other then place a take profit at or just before the other MA. Then be ready to place another trade in the same direction. Why not just keep it going? Because the price and the MAs dance around each other in times of reversal or consolidation and those smaller profits are what offset your losses and to help keep you solvent when starting out.
When heading out from between the MAs DO NOT place a take profit. Otherwise you will miss what this whole setup is about, catching that long trend where the bigger profits are made. These longer trends often take days to complete. Do not close out the trade until the price reaches the MA, otherwise you will be stuck in no mans land not knowing if it is going to move up or down.
However if you check the chart once again, you'll see that the 100 MA has followed the price up or down and has sometimes acted as support going up and resistance going down. Once it crosses the 100 MA then you'll get your profit. Just be ready for it to bounce off the 100MA again as you never know how far it will go! Also don't wait to long before closing out the trade once it reaches the MA, you can always open another.

Do not be tempted to zoom in to smaller timeframes e.g. 5min, 1min in order to time your entry as it will change everything and will not make the chances of making profits any better.

In my trial for BTCUSD going back 1 month there was 30 losses totalling -28.79% and 11 wins totalling 66.85% which came out at 38.06% of the pair.

Any how. Check it out and let me know what you think.
Hmm SCalp-swINg-treND trading. SCWIND trading? Or Mounseys way trading?

Happy trading.