SIMPLE & PROFITABLE Trend-following Forex Trading Strategy!
ฝัง
- เผยแพร่เมื่อ 30 มิ.ย. 2024
- In this video, I will walk you through a simple forex trend-following strategy that I've been trading in the markets profitably for some time! We'll take a look at rules of entry and exit, backtesting and more!
💸 Become Financially Free By Learning How To Trade here: 👉 to.howtotrade.com/x9q
RECOMMENDED BROKERS:
🏅Switch Markets - to.howtotrade.com/ixx
🏅Oanda (US & Canada) - to.howtotrade.com/lx6
The best VPS for algo traders:
📀 The Best VPS for EA Traders - to.forexvps.net/yt-home
OUR SOCIALS:
📸 Instagram - / howtotradecom
📘 Facebook - / howtotradecom
♪ TikTok - / howtotradecom
↗️ Telegram - t.me/forexsignalscom
🐦 Twitter - / howtotradecom
🟦 Linkedin - / howtotradecom
1,800+ REVIEWS ⭐⭐⭐⭐⭐
💚 Trustpilot - www.trustpilot.com/review/for...
AFFILIATE PROGRAM
💰Earn money with our leading affiliate program: howtotrade.com/affiliate-prog...
FREE TRADING EDUCATION:
📩 Free Weekly Forex Forecast - to.howtotrade.com/ica
📩 Free custom trading tools for all types of traders - to.howtotrade.com/4jv
📩 Join our free monthly NFP special live event - to.howtotrade.com/e8l
📩 Free library of trading Cheat Sheets - to.howtotrade.com/fix
👩🏫 Learn more about Chart Patterns - to.howtotrade.com/mbs
👩🏫 Learn How To Trade with 100% Free Courses - to.howtotrade.com/atn
👩🏫 Learn more about trading Forex Strategies - to.howtotrade.com/0cq
* The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts.
** Our team of coaches will never contact you directly outside of the Trading Room. If any person(s) contacts you via Social Media platforms offering account management or asking for payment, this is not HowToTrade and should be ignored.
*** This video and the video description may contain affiliate links, meaning HowToTrade.com will get a commission if you decide to make a purchase or trade through our links, at no cost to you.
Jobs will pay your bills, business will make you rich but investment makes and keeps you wealthy.
You are right
people are too ignorant to know that Bitcoin is the future
I think have heard about her
Wow that's sounds great
So how does really works?
Give a man signals, you feed him for a day. Teach a man a strategy, you feed him for a lifetime.
lol if this strat is so successful why is he sharing it.. he could be billionaire :)
@@aminah1779 lighting a candle won't turn yours off.
@@ux1-15 indeed however most successful traders made their personal strategy, because following others will just set you back trust me. Best way is obviously mentoring and setting plan but free signals or even strategies is just newbie mistake.. i believe that is why 90% of traders fail they copy others. Some are day traders some are long term you need find yourself. If you are long term trader and you follow scalping strategy 😂 isn’t that waste of money and time.
@@aminah1779 you can take a strategy like this and adjust it to your personality. My first strategy was something similar to this as well.
Brilliant - simple and clean and looking more at the price action using the candles rather than lots of indicators. Thanks you have completely uncomplicated my charts
This is great; simple yet thorough explanation, been testing it today and will continue for the next couple of weeks. Really appreciate the no-frills trading approach. Thanks so much
Thank you Sir. I have looked at a number of videos over the past year. This by far is the best strategy I have seen. Very simple powerful!!
@@ForexSignalsTV LOVE IT!!
I love this strategy with EMAs. It’s simply and easy. Thanks for this piece of advice sir. I will apply this to my strategy and back testing it
Greetings from Paraguay 🇵🇾
Is it profittable?
I've just started following you. You are very clear, honest and easy to understand - even from a beginners perspective. Thank you for all your efforts at passing on your knowledge. Richard.
This a treasure for me! I make money with your strategy! Thank you sir!
Thank you so very much. I'm quite new to trading and have watched countless videos on youtube. Your tutorials are on point with great illustrations and live charts. I like how you explain everythingwith as little indicators as possible. I'm on a binge watching all your videos. You definely gained a fan here. Thank you sir. I'm crossing my fingers hoping for one of your giveaways. And for those who are having problems understanding candlesticks, I suggest you check out his video on the subject. Crystal clear.
Excellent video ... I am a big follower and fan of your's ... Thanks!!!
The close below/above EMA 13 on the second trade is a good setup, thank you Mr. Phil Collins :)
How do you placed the trade to take the second profit? Will you be on your screen watching all and waiting for it to cross? Please help me out here
@@benetete4590 you place both trades at the start then scale out 1st then 2nd
Great stuff, I have seen so many videos and I am still confused about stock trade and investments, I tried to begin the stock trading myself but I was not successful. Now I wanna try again but this time, I need a good advice and directions to follow. I do not wanna loose my money, but I just have to try again, I do not give easily.
Definitely a great video, I saw many videos too when I was a beginner, I can confidently tell you that it is never easy. I also tried and failed until a friend of mine recommended a good stock broker and financial adviser to me. I followed her strategies and I started making profits. It is the best way to start.
Can you please tell me more, I really wanna start as soon as possible.
Anyway, despite the fact that I am successful in my achievements today, I honestly did not know where to start when I was a beginner, so I had a good licensed broker, who I trust to guide me through my every move. In fact she helped me trade most times. A friend of mine recommended her to me and I have been very grateful since.
you got any possible means of getting more info on her services?
Tamara Diane Hagan
Thank you for sharing this strategy. It looks simply amazing and can't wait to backtest it. 👍💯🙏🤗 God bless.
As always thank you for your clear and well-understandable explanation.
First time watching your videos. Wow I learnt so much from this one... Thank so much
Subscribed... From South Africa
Thank you Andrew I appreciate you sharing your knowledge and experience and I did smash the like button :)
Thanks man, you just turned me into a consistent trader. i appreciate your kind heart for sharing, more people needs to see this
Hey , ..... can you plz help me ? ....I want to use there signals
Must say really enjoy your content , it is clear and to the point
I wasn’t to sure how to go about doing a sell order, I couldn’t get my head around it for some reason, then I watched this video. You’ve explained it perfectly and I’m learning with every video I watch. Thank you.
Glad that this video helped. Stay tuned for more.
Thank you, going to try it ...
Wow! This seems really easy to grasp. I’ll be testing on the demo account later today!
good luck!
I was building a similar strategy, now i will simply follow your rules and add 2 component S/R and divergence. Thank a lot for this shortcut.
Wowww thts good
You are great Andrew, thanks for sharing your amazing thought. 👍👍👍 Sincerely: your follower from Indonesia
manjur ga bro strategy nya?
You my friend are a LEGEND
The story at the beginning alone made me hit subscribe. LMAO
Thank you. Can't wait to backtest it👍
Makes perfect sense. Thanks a Million
Thank you Andrew for a clear explanation.
Thanks a lot sir!
thanks you sir, your methods and strategies always helps to learn a lot thanks again, cheers ,
@Deeptansu Sharma in what?
Thank you for all your videos I have learned a lot and I am still learning more.
does this work?
Hands down gives the best info thank you so much I’m new and learning and very excited
All thanks to Andrewlockwoodsignals on telegram for sharing the secret behind forex trading with me. Ever since he explained to me the secret behind forex trading, I have been making consistent withdrawals. God bless you sir.
Many thanks, very Well explained !
Thanx thanx thanx sir, very helpful video
Amazing training! Thank you much... :)
Over a week's usage I've found this works just a treat - bravo!
@@jurgenwalter4062 640% return on your account in a month (or 2 or 3) through trading? Prove it!!
Mike Hardwicke inbox her on WhatsApp so you could talk more *+44 7723 753962*
Very clear sir Thank you
Tq for kindly sharing of forex knowledge..keeps in touch.. Be the Best for the better future...tq.
Do you have a beginning trend analysis course or video? Btw a new subscriber and I like your no nonsense approach.
Love this guy. Nice jag my good man
Very helpful video for beginner like me ! Thank you very much ! :)
very simple and clear explanation, thanks a lot
My favorite way to trade ... no headaches!
Great Video as always. You make trading look easy but it is hard work and difficult.
Well, logically, this makes great sense. I will definitely back-test this one. Thank you!
is the setting closed or MA
does this work?
Thanks for another video
Honor to the merit! This strategy, as a simplicity / profit ratio, is one of the best in existence.
I have tested it in real on stocks, indices and forex, high timeframes. Everywhere I have always had amazing results. But be careful, it must be performed EXACTLY as illustrated..
Thanks
Bruno Italy
Hi Phil Collins... :D ... I just watched this last night and immediately put this in practice on a real account by opening Sell USDCHF @ 0.98899. I used M15 to snipe an entry point with H1 as anchor chart. TP 1 has definitely reached, but I still keep the trade open (not closing half position) as I use TS instead. I will definitely continue to use and practice this EMA strategy. Thanks for sharing the strategy, Andrew! Ohh.. I have subscribed & hit the bell icon too! :D
Thank you Andrew, this has changed my trading career. Completely transformative.❤️
Thanks sir your videos and strategies are wonderful...
Nice.....very clear and easy.
Great video, I really loved your videos 💚💚💚 please sir, I wanna know what software you use for back test
Thank you alot man
excellent...Simple and effective
I backtested it in the h4 framework. Really profitable
Thank you for the informations
Thanks for Sharing such simple Essential Technique. I learn many things from your TH-cam Channel. Thank You so Much.
The Most inspiring truth is you are a veteran Trader over 30 Years of experience making Profits Consistently
It means It gives us Believe that Trading for a Living is trully aplicable.
To me that is very very meaningful so I have a good reason to NOT STOP and Keep Going until SUCCEED
Thank you for this Andrew, I am going to go and backtest it and see if I can combine it into my trading plan. On a different note, I was wondering if you could do a short video on life as a full time trader from a freelance/home business point of view. As you're based in the UK, perhaps you could give us an insight into the tax implications of a trader and what the best setup is. For people who just trade and don't run their own business, what do you suggest? Self-assessment, Ltd company or keep quiet because actually HMRC doesn't require us to declare profits from spread betting?
Interesting.
Thanks for the Video! Apologies for butting in, I would appreciate your opinion. Have you heard the talk about - Patlarny Talented Trader Principle (search on google)? It is a great exclusive product for trading like a pro using this simple technique minus the normal expense. Ive heard some amazing things about it and my mate finally got astronomical success with it.
Absolutely enjoyed *The Semyon Tchernenko Strategy* out about the nitty gritty financial stuff. That is the kind of guy I would trust when it comes to my money. Highly educated, down to earth and hard working hedge fund manager. you should do a *google search* on the *The Semyon Tchernenko Strategy*
This video just made me refine my trend following strategy. Thank you for that !
I have a question though. What do you do with the stop loss of the second order ? It just sits there at break even level ? I mean, I would like to sleep assured at night knowing that if the trend turns, my position closes nearer to the 13EMA than to break even if I happen to be away from the screen (maybe for several days).
Love the simplicity, use it for shares. Reminds me of old guppy mma used years ago!
Hi Col, Glad you enjoyed the video, stay tuned for more!
good breakdown. so far the most interesting - down to earth approach
Thank you for commenting. Stay tuned for more!
Thank you for great videos. I am beginner and little confused. For entering and leaving the trade you explain well here but what about the support and resistance levels that you explain at another video? Shall we discard those while following the averages and pin bar formats?
Obviously ! when using this strategy then only follow rules according to this. see when the price is in a downtrend it will not respect any support and the same way when the price is in an uptrend it will respect any resistance until it reaches up to major supply and demand zone and starts reversal.
Very useful thank you
i played video twice, this is just an amazing lesson for a beginner. very useful strategy. I will try it out and backtest and come back to comment. Thank you once again!!!
Glad you enjoyed our videos, Peter. Stay tuned for more.
Güzel görünüyor deneyeceğim ,teşekkürler...
SOLID STRATEGY!!!!. I really like this strategy and have successfully used for sometime now. I also like to use a 200ema on all my charts
does this work?
Great stuff, thanks for sharing!
What is the "end of the trend" criteria on the anchor timeframe to stop look for emtries on the lower timeframe? (e.g. close below/above 13ema? Or the 8ema crossing the 13ema?)
This is simple but if you understand the logic its very powerfull... I'm gonna backtest this one... Thank you. new subscriber here
Nice one 👍
Yeah the video is lovely and very educating.
Mr Joseph much thanks to make me clear on this EMA indicator.
now I wanna go make money than before.
Thanks for the video, I have been back testing this strategy but dont seem to make a profit from it in many instances. Are there any specific currency pairs this strat would work better on? Also, could you also do some more live trading videos on this trategy? Thanks!
Sweet this is very similar to my own strategy, i will take some pieces to make mine better. Thanks :D
The best time frame for this strategy? Backtesting on the 5min chart, and I get stopped out on 9 out 10 trades...perhaps I'm doing something wrong? :(
@@paolo9631 i would say 15m but you also need something else like a bounce off a level or a big move away from a daily zone
I tried this simple strategy it fixed my mind well so I Doubled account with one trade , It was my small account , but can say a simple way is better instead of complex with tons of indicators and very hard to decide where to trade
After testing it for a while, it's really a good strategy. In my set up I only use it in a 1:1 ratio trade, with more than 50% of win rate it works ^^.
@@arthermax MOST OF HIS STRATEGIES USUALLY WORKS IN EURUSD , GBBPUSD, USDCHF
Sir, I just bump into your channel and I can tell you that this video has changed my life... I have become very profitable with it. I love you from Africa...
Great Video! Quick question, what time frame chart are we supposed to use when we implement these strategies?
best explaination!
Thank you for a great presentation. I am trying to backtest this stragedy just two questions. Does the engolfing candle have to close out of the 8 ma or between 8 and 13 or it can close anywhere? 2. Does the ema have to be fanned out in the anchor chart too or just on the trading chart? 3 Which moving averege to use , closing etc.
World class. Thank you Andrew!
Glad you enjoyed our videos. Stay tuned for more.
Great video Andrew and thanks for going into so much detail.
I do have a question though. How would you set this trade up using MT4? If you opened a trade and you hit the first risk x1 profit target then the trade would close wouldn’t it? Can you set multiple T/P’s in MT4?? Also, when it comes to closing the trade when a candle closes about the 13EMA, is that just a matter of watching the charts closely or is there a way for MT4 to do that for you?
It depends what your software will allow. My MT4 only allows manual partial exits - unless someone else knows how to set a profit target for a partial position. For me it sets a limit for the entire position and I can't modify the amount, even if it's entered as two separate trades.
The strategy just works. Thanks so much for the tips.
Thank you for commenting. Stay tuned for more!
Do we need to consider the support and resistance level at anchor and trading chart?
Nice video Thx
A very good simple strategy 👍. It doesn't get any simpler 😁.
Perhaps you can combine with market structure to filter the anchort chart trend.
Thank you
Subscribed and Learning
Thanks for the strategy.. I am a beginner and would like to know what platform you are using? thanks
Thank you sir
Great video with a solid basic trading strategy. Thank you. In my back tests of this strategy, I find that the 2nd half of the trade often reaches 2:1 reward/risk. but if I leave it on for longer it often comes back to break even or a little higher. I am quite happy with taking profit on the 2nd half at 2:1
Thank you for sharing this!
Excellent video... 👏👏👏 You are not sharing this indicator for pin bar and engulfing patterns anymore?
Are you looking at the same EMAs on the anchor chart and on the trading chart?
Thank you.
I learned about bullish/bearish engulfing and pin ball candles. Very useful and has reshape my trading strategy. Thanks
You're most welcome, Diangha. Stay tuned for more.
Hi Andrew. Thank you for sharing your knowledge online. I do have a question on naked trading...is there any difference in accuracy in drawing S/R levels on candlestick and line charts.. Cause i found that its really easy to draw S/R on line charts.
fantastic yet easy to understand ...more videos please on how to enter a trade to range trade..thank you
Glad you enjoyed the video. Stay tuned for more!
Absolute King
Great info thanks. Just to clarify if I am fully understanding the system in your trending down example for sell trades, you got in 2pips below the red engulfing candle and took your first profit but in then moving your stop to break even, you would probably have been taken out more than likely by the upper wick of the red pin bar so no take 2 profit on that trade? However you then take another trade 2 pips below the red pin bar mentioned above and continue with the trend down?
Lol the intro is golden loooool
Excellent, very interesting, thank you.
does this work?
Thank you so much for your videos. You say to " take profit target 1=50% of trade = 1 x risk. And balance to break even" Then " take profit 2=remaining 50%.
I'm a rookie and would ask you if you can show me using the order screen how to do this.
I hope my question is clear.
Hi thanks for your clear explanation. I've a quick question. If a trade is triggered, do we only focus on managing the active trade or look to add to the position? Example let's say that that a buy trade is active and we get another bullish engulfing pattern, say a few bars out. Now do we add a new buy order or just ignore this new signal? Thanks