RSI + MA TRADING STRATEGY-EASY AND PROFITABLE
Hello there!
Thanks for passing by here
Today we have this strategy developed by The Selfless Strategic Trader who has developed another very effective Bollinger Bands + Moving Averages Strategy.
This strategy is made up of Three Components which add up to create one strategy which can be used to trade currencies as shown in the example above and can also be used in Trading Volatilities (Synthetic Indices) offered by Deriv(I have tested this).
In my testing i realized this strategy so much relys on the RSI and Bollinger Bands for Trend direction in which these can also be used to trade divergence (I use this) and this strategy provides better and more classic entries and exits and in some instances the so called sniper entries which provide maximum profits with little to no draw down in the trade.
If you want more information about the strategy please to watch the video above as it provides an indepth review of the strategy and all the components used and the rules you should follow which you should follow carefully as these provide you an opportunity to be profitable. As always there is no strategy which is 100% but this strategy provides you with more profits than losses depending with you followed its rules properly
As with every strategy that we post here, please please and please do practice this in a demo account and be consistent in the demo using the strategy, don't just go on the rampage saying I now know this strategy without making the actual money from trading. Make sure you practice the strategy before trading your real money.
Follow this and more on our blog and other sources of information. Wishing you great success in your trading journey.
Peace out :)
Disclaimer:
THIS Post AND OTHER MATERIALS FROM THIS/IN THE NAME OF THIS SITE(fxstrategylife.blogspot.com) IS FOR EDUCATIONAL PURPOSE ONLY. FOREX TRADING CARRIES A HIGH LEVEL OF RISK, AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THE HIGH DEGREE OF LEVERAGE CAN WORK AGAINST YOU AS WELL AS FOR YOU. BEFORE DECIDING TO INVEST IN FOREIGN EXCHANGE YOU SHOULD CAREFULLY CONSIDER YOUR INVESTMENTS ,OBJECTIVES LEVEL OF EXPERIENCE AND RISK APPETITE. THE POSSIBILITY EXISTS THAT YOU COULD SUSTAIN A LOSS OF SOME OR ALL OF YOUR MONEY AND THEREFORE YOU SHOULD NOT INVEST MONEY THAT YOU CANNOT AFFORD TO LOOSE.
