5 Simple Steps Complete Trading Strategy that PRO Traders Know but Beginners Ignore...

Share this & earn $10
TRADING RUSH
Published at : 02 Dec 2020
58462 views
3724
30

What are the best but simple trading strategies that work in Forex and Stock Market? Here's a 5 Simple Steps Intraday / Day Trading Strategy that works...
Official Trading Rush Website: https://tradingrush.net
Download Official Trading Rush APP (Thanks): https://bit.ly/tradingrushapp
Support the Channel on Patreon (Thanks): https://www.patreon.com/tradingrush
Trading Merch for Best Traders: https://teespring.com/stores/trading-rush


Watch More Videos:

MACD Trading Strategy tested 100 times : https://youtu.be/nmffSjdZbWQ

Trading Strategies Tested 100 Times : https://www.youtube.com/playlist?list=PLuBdu9GKAoP4shAZd6QnM5BJUy1-IcnyD

Trading Strategies : https://www.youtube.com/playlist?list=PLuBdu9GKAoP6MEtX7stfzTGx62M5r3F4Z

Trading Tips and Mistakes : https://www.youtube.com/playlist?list=PLuBdu9GKAoP6lPl2txSXE8AlkhiwgWU2O

Download Excel Sheet for Day Trading : https://youtu.be/fLKd7uKZOvA

Subscribe For More Videos.


Can these 5 steps make you more profitable in Trading Well, In this video, I'm not only going to show you  some of the most useful trading techniques, but I'm also going to execute it in live market, so you can actually see how it will look when you will trade with real money. Also, checkout other strategies videos in the strategies tested hundred time series, where we tested different strategies 100 times to find their win rates, because some of the data mentioned in this video is based on that series, and don't forget to subscribe to the Trading Rush channel, after all you don't want to use a strategy that doesn't even work.

If you have been trading for a while, you have probably realized that not all trading charts are worth trading. There are times when you should take more trades, because the market is perfect for booking big profits. But then there are times when you should completely avoid trading, because if you do, you might end up with multiple losing trades in a row.
Instead of immediately looking for new trades, the first thing you should do is analyse if the market is worth trading or not.

So when I started recording this video, the forex pairs were not really that good for taking trades. As you can see, on the this pair the 200 period moving average was looking flat, and the price was crossing it multiple times in a short amount of time.
If you have watched my previous videos, you know I use and recommend using a 200 period exponential moving average to find the long term trend, because it's the easiest way to find the trend, and if we take trade in the direction of the long term trend, we can achieve greater reward to risk ratios, in other words, we can make more money.

So, on these forex pairs, I'm looking for a chart, where price is staying above the 200 period moving average for a while, and where the moving average is not looking flat. Furthermore, the price action should look cleaner. For example, look at these two charts. Here, the first chart looks much cleaner than the second chart. On the first chart, the price is staying above the moving average, and is not looking flat. This kind of chart is perfect for beginner traders, as the price action is easier to read, and your stoploss won't get taken out because of a choppy price movement.

Many people lose money by taking too many losing trades in a bad market. If your charts look similar to these, you should probably avoid trading at that time.

When I started recording this video, most of the forex charts were looking like this. So instead of taking trades in these choppy conditions, I closed the charting platform and came back later when the price action was smoother.

Few hours later, the price action on the this pair was much cleaner. The price was above the moving average. Furthermore, the 200 period moving average was not looking flat.

Once you filter the bad charts, and find a good forex pair, it's time for the step 2, where we will use the multi-time frame analysis to find more information about the chart. By more information I mean the points of interests where price has a higher probability of reacting. Sometimes, when you trade on a smaller timeframe, you might end up taking long trades, at a strong resistance level that is clearly visible on the daily time frame. This lack of information can make you lose money.


Like the video if you liked it
and Subscribe for more Trading Videos!
trading strategytrading strategiescomplete trading strategy

Best ATV accessory that can be purchased! Everyone needs!

Best ATV accessory that can be purchased! Everyone needs!

OVERNACHTEN IN MEGA PRETPARK *GAAT BEST WEL FOUT*

OVERNACHTEN IN MEGA PRETPARK *GAAT BEST WEL FOUT*

I want to be a wizard like Harry Potter, Murderous Pursuits - Part 14

I want to be a wizard like Harry Potter, Murderous Pursuits - Part 14

This Idea Would Make Dokkaebi More Fun to Play With and Against

This Idea Would Make Dokkaebi More Fun to Play With and Against

OUTLAW PASS 5 NEW DETAILS! (2021 Red Dead Online DLC Update)

OUTLAW PASS 5 NEW DETAILS! (2021 Red Dead Online DLC Update)

Gramatik - In This Whole World

Gramatik - In This Whole World

Five or Six - Lost Cause

Five or Six - Lost Cause

Major Lazer - Jump (feat. Busy Signal) (Official Music Video)

Major Lazer - Jump (feat. Busy Signal) (Official Music Video)

Standard: III , Subject: English , Topic: A team of workers

Standard: III , Subject: English , Topic: A team of workers

Purchaser's Rights Against Vendor With Imperfect Title

Purchaser's Rights Against Vendor With Imperfect Title

Team Hulk VS Metal Siren Head VS Robot Siren Head VS Gold Siren Head VS Street Light Siren Head

Team Hulk VS Metal Siren Head VS Robot Siren Head VS Gold Siren Head VS Street Light Siren Head

NEW RINGTONE||YOU MAY ALSO LIKE||HEART TOUCHING||THAT MAKE YOU CHILL||AYESHAOFFICIALAA13

NEW RINGTONE||YOU MAY ALSO LIKE||HEART TOUCHING||THAT MAKE YOU CHILL||AYESHAOFFICIALAA13

7 Tips For Running More Effective Meetings

7 Tips For Running More Effective Meetings

Agenda Beto Guilherme

Agenda Beto Guilherme

Dynaudio Special 40 VS Dynaudio Evoke 20 REVIEW

Dynaudio Special 40 VS Dynaudio Evoke 20 REVIEW

U.S. Aircraft Carrier In Rare Arctic Circle Exercise

U.S. Aircraft Carrier In Rare Arctic Circle Exercise

♛♛♛ Imany – Don't be so shy (Filatov & Karas Remix) ♛♛♛

♛♛♛ Imany – Don't be so shy (Filatov & Karas Remix) ♛♛♛

FLOW - Go!!! (Music Video)

FLOW - Go!!! (Music Video)

Marshmello & Logic - EVERYDAY (Audio)

Marshmello & Logic - EVERYDAY (Audio)

Why Do Stupid People Not Realize They Are Stupid?

Why Do Stupid People Not Realize They Are Stupid?

Flō - Rockabye (Clean Bandit)

Flō - Rockabye (Clean Bandit)

एक्टिंग में Feedback कितना जरूरी । How to Important Is Feedback In Acting Line । Career Tips Hindi

एक्टिंग में Feedback कितना जरूरी । How to Important Is Feedback In Acting Line । Career Tips Hindi

Canada Invitation Letter from Sponsor ( Sponsorship Invitation for Visitor Visa )

Canada Invitation Letter from Sponsor ( Sponsorship Invitation for Visitor Visa )

Asmongold Reacts To "Addressing Method" | By Bellular

Asmongold Reacts To "Addressing Method" | By Bellular

Jade Eagleson - Got Your Name On It (Live Acoustic)

Jade Eagleson - Got Your Name On It (Live Acoustic)

Dark Souls - Ceaseless Discharge - Easy Kill

Dark Souls - Ceaseless Discharge - Easy Kill

Most fabulous and demanding leather mini Bodycon Outfits Idea's

Most fabulous and demanding leather mini Bodycon Outfits Idea's

Nanny Is Under Siege From All Sides | iPanda

Nanny Is Under Siege From All Sides | iPanda

Highly Suspect - Fly [Vertical Video]

Highly Suspect - Fly [Vertical Video]

Tina Turner - Proud Mary - 1993

Tina Turner - Proud Mary - 1993

A PLAGUE TALE INNOCENCE Walkthrough Gameplay Part 3 - HUGO (PS4 Pro)

A PLAGUE TALE INNOCENCE Walkthrough Gameplay Part 3 - HUGO (PS4 Pro)

Detest-Fuck That

Detest-Fuck That

Do You Know The Warning Signs of Heart Disease?

Do You Know The Warning Signs of Heart Disease?

How Many Days Per Week Should You Workout? (MORE THAN YOU THINK!)

How Many Days Per Week Should You Workout? (MORE THAN YOU THINK!)

All Of Me - John Legend & Lindsey Stirling

All Of Me - John Legend & Lindsey Stirling

Hand Operated Tin Can Sealing Machine - Manual Tin Can Sealing Machine - Tin Can Seal Machine

Hand Operated Tin Can Sealing Machine - Manual Tin Can Sealing Machine - Tin Can Seal Machine

Modals of Certainty - Must, Can't and Couldn't - Learn English Grammar

Modals of Certainty - Must, Can't and Couldn't - Learn English Grammar

6 Inspiring Success Stories - Famous People Who Made It Against All Odds

6 Inspiring Success Stories - Famous People Who Made It Against All Odds

Our Best Toy Car Compilation Video for Kids!

Our Best Toy Car Compilation Video for Kids!

41 REALLY HELPFUL KITCHEN TRICKS FOR CHRISTMAS

41 REALLY HELPFUL KITCHEN TRICKS FOR CHRISTMAS

The 10 Different Types Of Girlfriends!

The 10 Different Types Of Girlfriends!

She`ll be coming - The BEST SONGS for Kids | LooLoo Kids

She`ll be coming - The BEST SONGS for Kids | LooLoo Kids

UFO Project Blue Book at National Archives Museum

UFO Project Blue Book at National Archives Museum

Activate Your Eighth Chakra To Increase Your Spiritual Awareness | Deborah King

Activate Your Eighth Chakra To Increase Your Spiritual Awareness | Deborah King

I HATCHED THE NEW TAPPING LEGENDS SECRET REVAMPED DEMILORD!! INSANE STATS! 😱 | ROBLOX

I HATCHED THE NEW TAPPING LEGENDS SECRET REVAMPED DEMILORD!! INSANE STATS! 😱 | ROBLOX

Employee passed over for promotion - difficult appraisal conversations

Employee passed over for promotion - difficult appraisal conversations

An Individuals LIVE Broadcast!!!

An Individuals LIVE Broadcast!!!

EXACT STEPS to be IRRESISTIBLE to ANY PERSON (even if you were rejected) - Law of attraction

EXACT STEPS to be IRRESISTIBLE to ANY PERSON (even if you were rejected) - Law of attraction

5 Facts About Twenty Fifth Bam - Tower Of God/Kami no Tou

5 Facts About Twenty Fifth Bam - Tower Of God/Kami no Tou