Simple and Profitable Strategy for Beginners | GU +40 PIPS
Hey Rich Friends,
This trade took a while to develop but better late than never! I used my simple 4-indicator strategy to spot a bullish trend on GU and secure 40 pips. It's simple:
Indicators:
50 EMA (blue)
200 EMA (purple)
Momentum (turn on price line)
Stochastic (turn on price line)
Bullish confirmations:
1. Candles above/crossing up 1 or both EMAS
2. MOM is facing up AND/OR above 0.
3. Stoch is facing up. Stoch is above 50. The blue line is above the orange line. Must have all 3 or wait.
Bearish confirmations:
1. Candles below/crossing down 1 or both EMAS
2. MOM is facing down AND/OR below the dotted 0 line.
3. Stoch is facing down. Stoch is below the dotted 50. The blue line is below the orange line. Must have all 3 or wait.
Try my strategy and see if it helps!
Peace and Profits, Cha
This trade took a while to develop but better late than never! I used my simple 4-indicator strategy to spot a bullish trend on GU and secure 40 pips. It's simple:
Indicators:
50 EMA (blue)
200 EMA (purple)
Momentum (turn on price line)
Stochastic (turn on price line)
Bullish confirmations:
1. Candles above/crossing up 1 or both EMAS
2. MOM is facing up AND/OR above 0.
3. Stoch is facing up. Stoch is above 50. The blue line is above the orange line. Must have all 3 or wait.
Bearish confirmations:
1. Candles below/crossing down 1 or both EMAS
2. MOM is facing down AND/OR below the dotted 0 line.
3. Stoch is facing down. Stoch is below the dotted 50. The blue line is below the orange line. Must have all 3 or wait.
Try my strategy and see if it helps!
Peace and Profits, Cha
Note
You can register for my course here:themoneymantra.talentlms.com/plus/external-catalog
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.