The Most PROFITABLE Forex Strategy for 2021

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Video Tutorial | πŸ’΅The Most PROFITABLE Forex Strategy for 2021πŸ“ˆ|2021

The Most PROFITABLE Forex Strategy

by far this is the most profitable forex strategy in 2021. i actually shared this strategy like two three months ago and uh i think it was like four months ago and there’s people already making a living out of forex and quit their jobs just because of this strategy so in this specific video i’m going to go ahead and share it with you hi everyone this is christian here on youtube and welcome to a brand new video for the channel in today’s video we’re going to go ahead and have a training in regards to a forex strategy that i shared based on moving averages that is making a living out of people and more importantly they’re quitting their jobs because they’re making the enough profit to make a living out of forex trading so if you want to learn the strategy make sure you stop until the end of this video if you’re new to my channel and you’re into binary options forex trading crypto trading or any type of making money online then this channel is for you make sure you hit that subscribe button below and activate the notifications bell icon so that you get a notification for every new video that i upload with that being said let’s jump into the video [Music] hey before i actually jump into this specific video i want to give you a warm invitation to a free forex training that i’m going to have this week i’m actually having a link in the description of this video where you can register and get at the date and time of this new training that i’m having and more importantly you’re going to learn everything in regards to forex in regards to leverage in regards to lot size in regards to everything that you need to understand uh for forex trading at no cost at all so if you want to be part of that training i’m having the link in the description of this video i’ll see you there all right everyone so the first thing that we’re gonna understand is what is this strategy and this specific strategy is based on a moving average it’s one moving average that we’re going to be using uh it’s going to be the 50 period moving average and more importantly this strategy is based on change on trending it’s not based on following the trend but it’s actually based on determining when there’s gonna be a change on trending and taking advantage of it so that’s what we use with the strategy now for those of you who don’t know what a moving average actually is uh for those of you who are you know not understanding uh what a moving average is is basically uh a price average based on a different number of candlesticks so for instance a 50 moving average is a price or it’s actually giving you the price right here based on the last 50 candlesticks depending on the time period that you have the 50 candlesticks this is the average price so basically when you use a moving average you are determined based on the period of the moving average you’re determined what’s the price of the previous uh x amount of candles so if i actually use a one moving average then it’s going to be exactly the same price at the closing price of the candlestick that’s actually the moving average in this specific tutorial we’re going to be using a 50 moving average because this one determines the actual term for the next probably 50 candles so that’s what we actually are looking at now again as i said the indicators that i will use or we will use in this specific strategy are just a one moving average you need to type in moving average average on your indicators and strategies and the one that says moving average it says nothing more that’s the one that you need to choose now you need to have a trading view in english if in case you have it in spanish or or another language you won’t be able to find the exact same moving average at the same name so i recommend you to use it in english so this is the moving average that we’re going to be using so it’s going to be marked in here once you actually click on it and once you click on settings you need to change it to 50 because it’s usually around nine and moving average so you need to change it to 50 and then in the style you can choose whatever style you want i usually give the number two of thickness and i use the red color because i’m using a white screen right now so you hit okay and this is what you are going to be looking at now this is how you are supposed to enter trades and you need to find three different indicators three different indicators um or three different parameters if you want to call it that way so the first parameter that you have to see is this one that the moving average when the moving average is going above and it’s going below the candlesticks and that’s an uptrend that means that the price is going up and when you see the opposite which is when the price is the moving average is actually going down and it’s above the candlesticks then that means it’s a downtrend okay so whenever we are looking at the downtrend what we’re looking for is a change on trending we’re looking for when it’s going to change uh and go uptrend and when is it down an uptrend we’re looking forward for a change and trends and it starts going to a downtrend so the first parameter that we need to look at is one candlestick that closes below the moving average so this is an uptrend right so we’re looking forward for a downtrend so what we look is a candlestick that closes below the uh 50 moving average such as this one right here as you can see this one closed right here so it closed below the second parameter that you need to understand is that it closed that the next candle or a future candle closes without even touching the moving average which means this one right here this was the highest of that candle and it didn’t touch the moving average that’s the second parameter and the third parameter is that a candle closes below the lowest of the previous candle okay so as you can see this was the lowest of the previous candle and the next candle actually closed below that that’s the third parameter once we actually identify all of those three parameters we can enter a position so as you can see right here we’re gonna enter in this position right here and this is the trade that we have it is going to be exactly the same with a change in an uptrend and just looking for a good example let’s say this one right here so as you can see this was a downtrend so we see the first candle actually closed uh not this one this one actually closed above the moving average then this one closed without touching the moving out the moving average the 50 moving average and then this candle actually closed above the highest of the the previous candle so that basically means that yes you do have a good entry point right here for a long position you enter in the next candle and bow that’s pretty much it pretty simple right three parameters once they meet you enter a transaction now here’s the deal because you probably yes you already know how to enter trades and so on but how do you choose the stop loss and the take profit and that’s super super important so in order for you to choose that stop loss and the take profit i do recommend you to use the indicator co average to range or atr you actually type in average true range and as you can see it’s right here you just add it and by default it should give you this uh this is the indicator right it should give you that is atr 14. uh if it’s not then i recommend you to go to settings and actually put 14. why because it will give you the actual pip size or the pip price for the past 14 candles as an average so as you can see right here we see that it’s three zeros and then five seven now we already know that the last decimal does not count it’s a micropip so we take advantage of the last pip which is number five that basically means that our average range or the average price is five pips the last 14 candles have moved an average of 14 out of five pips so what is it that we do what we do is that we actually choose an average to range that is at least twice twice the average to range so that basically means that if it was five then we’re going to choose a 10 as a stop loss okay a 10 pips and as a take profit i would say go at least 1.5 to 2.5 it could be more once you start using trailing stock but we can use two as a as a risk reward ratio i made a lot of videos in regards to risk rewards so i do recommend you to check them out so once you so that you fully understand why is this so important right so as you can see this trade was actually when pretty easily now we’re gonna take a look at the other trade that we entered and uh we’re gonna choose again the average to range is going to be uh 10 pips and we’re going to go 2.0 as a risk we’re gonna go 1.5 1.5 there you go 1.5 as a risk reward we’re gonna see if we can actually win that trade or not okay so we actually hit on play on the replay and it dropped a little bit it dropped a little more there you go boom it hit the take profit right easily it hit the take profit 1.5 risk reward ratio as simple as that this is how simple this strategy actually is and this is a day trading strategy let’s go ahead and do a couple of more examples as to uh what is the how to actually set the take profit and the stop loss as you can see this one could have been a little bit more profit but 1.5 is still really really good if you can do 2.0 is actually fine but we’re going to stick with this one on the 1.5 so right now what we’re looking at is actually for a new entry now how is it that we’re going to look for the new entry we’re looking for a change on trending so that it can become an uptrend right so the first parameter is that the trade close closes above the the moving average right so we have one now this one touched the moving average so the second parameter is not being met so we’re gonna have to look and see what is the next opportunity this one also touch the moving average now is retracting a little bit now here we have a good uh example so this one close above the moving average now this one closed without touching the moving average so all we are waiting right now for is actually a candlestick that closes above the highest of the previous candlestick so we’re gonna see if that happens soon and there you go boom take a look at it it closed right here and this is oh sorry this is the highest of the previous candle so what do we do we’re going to enter a long position at the exact same time that this trade this uh pier actually closed or this uh candlestick actually closed right here and we’re gonna choose a stop loss of uh right now as you can see the atr has changed to eight so we’re gonna choose a stop loss of 16 pips right 16 pips is going to be my stop loss there you go and the take profit i’m going to go and say uh 2.0 but you can close it before right you can close it before if you see that it’s retracting and so on so we’re gonna hit on play and we’re gonna see let me just go ahead and move this a little bit more and right now this is going to be the movement that you will see in that trade uh let’s see right now it’s kind of jumping oh if we drop too much it’s kind of bouncing in there let me just go ahead and extend this a little bit and it’s kind of bouncing in there you could have closed it here if you wanted to uh as you can see it probably was a what 1.5 no it wasn’t even a 1.5 i would say when you see these type of retractions you can close it but it’s really up to you right now i think it’s going to hit the stop loss because it’s changing right here in direction and this is something that you got to keep and also in mind if you notice uh in this specific area we have a new entry point for a cell position right so we have one candle that closed above above then we have one candle that closed without touching then this one did not close below the highest uh probably this is because of the change on the week or something like that but here we would have a good entry point let me see what day it is this one january 31st so yeah probably is because of the weekend but yeah i think this is a good entry point for a sell position okay as you can see uh it’s it’s becoming a downtrend that’s for sure it’s becoming a downtrend you know what i’m not going to confuse you uh with this specific entry because it looks too stable but here we’re gonna look for a new buy opportunity let’s see how actually did this trade actually did it was like around 1.3 so it’s not bad at all now we are waiting for a change in trending on an uptrend right now here as you can see we have one parameter met that is that the candlestick close above um uh the moving average then this one closed without touching and this one closed above the highest what does that mean that we have an entry opportunity in this specific area right here and we’re gonna see the ati right now is fine so 10 pips is going to be my stop loss and my take profit will be 1.5 not to be greedy right and this is how the trade unfortunately this one hit the stop loss it seems like we do have a new entry probably there were three volumes in here let’s just go ahead and restart the chart okay so so far we have what uh the ones that we’ve been looking at we have one position one two positions one three positions one at one point uh this one was what 1.5 the other one was 1.5 and this one was 1.3 so that basically means that we would we’ve been making more than we lost in this specific transaction so we lost two percent in here but in the other ones we meet three percent in one three percent in the other one and around two point five percent on the next one so we’re talking about what like a six eight point five percent minus the two percent that’s a six percent increase in your account in your forex account so it’s really really looking good isn’t it now obviously they are going to be losing traits that’s always for sure but the point of this specific strategy is the simplicity of it and more importantly the profitability that you can actually have on each specific transaction why because if you notice on this one right here this one did not finish at 1.5 the coolest thing in this strategy is that you could have made a 6.94 risk reward ratio okay maybe on those one not but what i do recommend you to do is actually to use trailing stop in order to make even more profits but right now this is how you’re supposed to use the uh stop loss and the take profit now there’s a couple of things that you need to avoid in order to lose money with this specific strategy obviously right now i just look at the backstory and try to back test it a little bit but you need to keep in mind that there are going to be three ball news on every single pair so you need to be careful and take a look at those three ball news because we’re trading with 15 minute candles so the problem is that with 15 minute candles the volatility is too high obviously if we actually change it to one day candles it’s gonna be super super easier to understand the specific strategies just take a look at the actual uptrend and it’s not bouncing around even this downtrend it keeps on going down and down take a look at this uptrend why because it’s one day candles but obviously that’s going to be a whole lot of more time analyzing the market and these are going to be swing or even position trades so you need to avoid those three bones second thing that you need to avoid on these three on on on this specific strategy and super super important is the fact that you are chasing trades if you already missed the entry point don’t change it okay just wait for a new pair and go ahead and do it and number three thing that you need to avoid is just choosing stop loss and take profit randomly why because some people actually go like oh okay i think my stop loss is going to be here and my take profit is going to be here you don’t know exactly why but the problem here or even if you actually do this and you’re a one-to-one risk reward you’re losing too much money or too many pips in just one trade while you could just have either here and you already know that either you win it and you win a lot of money or you just lose your two percent so i hope that actually makes sense so just to do a small recap this strategy is based on change on trending you’re going to be using a 50 moving average and in order for you to actually enter you need to determine three things one that the candle closes below or above the moving average two that the next candle uh closes without touching the moving average and number three that the next candle closes above the highest or below the lowest of the previous candle and that’s your entry point and then the last thing to recap is that you’re gonna be using your atr in order to understand what is going to be your stop loss and make sure you use twice what your atr is so that you can have at least two candlesticks as a margin of error so hey i hope you really enjoyed the content of this video and if you did smash the like button to support this youtube channel if you have any questions you can put them in the comments section below and i’ll be glad to answer those comments as soon as i can and thank you for watching this video don’t forget to subscribe and i’ll see you on the next one

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