you guys have busy schedules i have a
busy schedule so in this video i'm going
to show you how to trade
any time of the day in any market
condition
except for consolidation
[Music]
welcome back to the channel everybody my
name's artie and this is the moving
average a show where we discuss
everything day trading to keep you
profitable on a consistent basis
so as the channel has been exploding
lately my inbox is
so incredibly full i literally cannot
keep up with it
so the primary question that i get asked
all the time is which strategy should i
choose
there's over 60 videos on this channel
of all of the strategies that i break
down individually and i do this
specifically to simplify it for people
to only choose
one specific aspect of any day trading
strategy but if you've watched all my
videos you've realized that they all
correlate with trading with the trend
if you combine all of these strategies
together you can essentially trade
any market condition although i do
suggest that you do not trade
consolidation because there's no
movement it's just lateral it's sideways
so let's jump into the charts i'm going
to show you exactly what i'm talking
about okay
i have ethereum us dollar up on the
chart because this is a perfect example
of a downswing and an upswing
this can be used on us30 it can be used
on 4x pairs
gold is a little bit finicky so i
wouldn't recommend that but anything you
want to trade as long as the market is
trending
i will show you exactly how i enter and
exit
every single trade during this entire
downswing and
upswing which lasted 6 days and 16 hours
so a few indicators that you want to put
up on your chart you know these are my
favorite i'm gonna give you three
indicators they are all
free you do not need to pay for
indicators in order to be a successful
trader the first one you're gonna do
is smoothed moving averages type in
smooth to the indicator list and choose
this one right here it's the three
smoothed moving average by
hamit safi put a star next to it the
next one you're gonna wanna do is the
rsi the relative strength index
also put a star next to it and the last
one is the engulfing candle indicator
by reminos you're going to adjust the
settings a little bit
changing the three moving averages to
the 21
the 50 and the 200. you guys know my
style i like it
white full color second thickness green
full color second thickness and red
full color second thickness and the rsi
you're gonna change the color to yellow
in accordance with the color theme of
the channel
they've actually upgraded the rsi on
here
now there's an upper band middle band
and lower band you're gonna just
untick the upper band and the lower band
make the middle band at 50 a solid line
and remove the background that's all you
need
the engulfing candle indicator all of
the settings are
factory on there so don't touch it so
here are the primary rules that you must
follow
if the price is above the 200 smoothed
moving average
you are looking for long positions and
if the price
is below the 200 smooth moving average
you are looking for short positions this
is the safest way to go
because you are trading with the trend
the price is trending down
below the 200 you are trading with the
trend going short positions
and on the opposite side if it is above
the 200 that means we are in an
uptrend and we are looking for long
positions only it's better to go with
the trend
because you can hold the trade for
longer now i'm going to show you how i
would have traded
this entire thing on a 15-minute chart
and this is over
six days and i'm going to show you how
many trades you could have gotten
just off of this when you cross over the
200 period moving average and
all of the moving averages start lining
up in order meaning the 21 then the 50
and the 200. you are looking
for a rejection off of any one of these
moving averages
so we had a rejection here off the 21.
another rejection here off the 21. now
when
choosing your entry points for these
trades you do not
need fully engulfing candles the
engulfing candle indicator is just to
help you out but what you want to trade
off of
is big fat candles it doesn't have to
engulf the previous candle but it has to
be a strong
big fat momentum move so zooming in we
had one
right here we had another one right here
these big fat momentum move candles
rejecting off of a moving average to the
downside continuing with the trend
these are your entry candles again we
had another one right here exactly off
of the 21 moving average
these types of areas right here you want
to
avoid while the price is playing in
between moving averages
it's considered consolidation there's no
clear trend at this point if you only
have this much chart to look at
so you can't make a clear decision on
which direction the price is going to go
however once we have broken through the
moving averages continuing down
you're waiting for another retest of
that 21 period moving average you got it
again here with two big momentum move
candles down and again right here where
you actually got an engulfing candle
signal
all of these are amazing entry points
you had one
two three and four and again right here
at the end
again bouncing off of the 21 moving
average so that's five entries off of
this
one trending trade now you're wondering
how long should i hold these trades for
do i hold it until i hit a previous
support and resistance level
that's depending on you if you want to
trade off of support and resistance
levels
that's completely fine i like to trade
off of
pips if i can get 10 pips off of a move
i'm happy because i know how to adjust
my lot size
to get the profits that i'm looking for
it's best to keep the same position size
and the same take profit again it is
easier to get a
small piece of the market than waiting
for these huge swings
but if you do want to hold for the big
swing and just hold it
until the price starts going back keep a
trailing stop loss but not too close
like if you would have kept your
trailing stop loss on the 21 you would
have gotten stopped out one two three
times right here that's why i literally
just suggest
shooting for a profit target whether
it's 10 pips or 15 pips or five pips
and adjusting your lot size so i'm not
going to tell you how long you should
hold these trades
but i am going to tell you getting a
small pip size with a larger lot
size is way easier so that's trading
with the trend
on a short position now once we start
getting to this area which is the bottom
and you don't know it's the bottom until
it actually starts going up the opposite
direction
but at that point once you start seeing
the price cross over
into previous moving averages and you're
wondering if that's going to be the
reversal
what you should do is start looking for
divergences
now as you can see here the price was
making lower lows consistently but if
you look at the rsi on that same time
period
it was making higher lows that right
there is a divergence
so price started to come up and right as
the rsi is trading above the 50 level
you see this divergence breaking the
previous trend line right there
right here with strong consecutive
bullish candles
you know that the trend may be reversing
but you don't know if it's going to go
fully
so what you can do is actually scalp in
between these moving averages
what i mean by that is taking a position
entering as it crosses the moving
average targeting
the subsequent moving average these are
short-term scalps because that's what
you want to do when the trend is
reversing
very very short term scalps targeting
previous moving averages
now this area right here is an area of
consolidation you can see that the
moving averages
are weaving in and out of each other do
not trade this type of market it is
dangerous
and it will keep you in a position for
hours on end
with no results now we start to see this
big
pull down and then the price starts to
shoot up like crazy
you still don't want to be in this trade
until you see
this point right here why is this
important because now we're creating new
structure
we have a low and a higher low
right there that is your new trend line
and you can also see
on the rsi that we had a low and a lower
low but on the price action we had a low
and a higher low this is what we call a
hidden divergence
so at this point when it was oversold at
this point the price is higher but it's
even more oversold
meaning that the price should go up this
is a
bullish hidden divergence now once you
start seeing these big engulfing candles
creating that new structure
you know that with these big momentum
move candles
you can get in on another position again
scalping in between the moving averages
that's how to catch a trend reversal now
we are above the 200 period moving
averages
so the trend is for sure in an uptrend
right now so you're only looking for
long positions and again we're trading
above the rsi so the momentum
is up and now you're looking for big fat
candles
and or engulfing candles we didn't get
any engulfing candle signals here
but you see these big momentum moves up
this is a strong
strong push so it didn't even come back
down to test the 21.
so i just added a 10 smooth moving
average on here to show you that when
the momentum is going like this
and we're getting these parabolic spikes
up it won't always come back to retest
the 21
this one right here bounced off of the
10 period moving average
but you don't need that small of a
moving average you can just keep it to
these three the 21 the 50 and the 200.
so seeing these big momentum move
candles up is gonna give you another
chance to take a long position right
here and again we had another big
momentum move candle right there
momentum move candles with the trend are
safe bets guys
now right here we got a higher high
being formed
so at this point every time a higher
high gets formed i'm looking for
divergences
these are exit points for your long
position each of these
had a small divergence associated with
them
we had a high a higher high and a higher
high
but if you look at the rsi we're
creating
lower highs these divergences
are great exit points for your long
position
right here area of consolidation you do
not want to trade this type of crap
then the moving averages start fanning
up and you start getting these
big momentum move candles to the upside
making more signals
for long positions the best thing that
you can do is be trading
with the trend this right here is a
combination
of like 10 strategies that i've taught
on this channel
all combined into one trading with the
trend
engulfing candles big momentum move
candles off of moving averages
spotting reversals rsi divergences
using this you can literally analyze any
price data from
any time of day and be able to trade the
markets around your work schedule
because that's what we're all doing
we all have full-time jobs we all need
to trade on the side to make more money
so that we can quit those jobs
this is going to teach you how to use
all of my strategies
combined into one so that you can trade
when you want to trade i do highly
suggest however
that you're trading either london
session or new york session
because asian session does not move
you're getting a long period of
consolidation
90 of the time now that is trading price
action that is not looking
at any support and resistance levels and
if you want to make this
strategy this whole combination of the
strategies and how i trade
extremely lethal i'm going to remove all
of these drawings
and i'm going to zoom it out so i get a
big picture and i'm going to put this
on the one hour time frame mark up my
support and resistance levels
then bring it back to the 15 and you can
clearly see
that these are the zones that we should
be targeting so if you're holding a
position long
term you want to hold that thing for the
day or multiple days
these are the zones that you should be
targeting for your take profits
and your stop losses so for example here
when we had this
big hidden divergence and an engulfing
candle
you could have put your short position
in here right after you got that
engulfing candle targeting the stop loss
right above it
and your take profit here at the bottom
at this level that was previously known
as support
so for those of you that keep asking
which strategy should i use all of my
strategies
use the same principles trading with the
trend and spotting divergences
if you trade with the trend and spot
divergences
you can get profits trading with the
trend and you can also get
profits spotting reversals through
divergences
adding support and resistance to that
and you literally have
all the tools that you need to be a
successful trader i know that this was a
lot to take in on one video and that's
why i've waited to do it until now
because you needed to learn the steps in
order to understand
all of this so i suggest you guys take
the time
a month two months three months however
long it takes you to learn all of these
individual aspects of this one main
strategy that i use
learn it master it get lethal with it on
demo
and then use it on a live account to
learn all of these strategies
individually
please watch this forex strategies
playlist and if you guys got some value
out of this video
and you like the way that i teach
consider subscribing to the channel by
clicking this button
right here thanks so much for watching
and we'll see you in the next video