Simple
Uk100 bullish momentum Overall last week we seen a lot of bullish momentum pairs and I’ve had my eyes on uk100 currently it’s creating LH and LL next week I’ll be looking for a break in market structure for a quick sell to the trend line Before continuing up
GBP/CHFStill short this pair, up about 200 pips. i also took partial profits on Friday and will, look to let the rest run on a break even stop.
If you want to find out more, drop me a message, and don't forget to check out my weekly review, where i go over my watchlist for the week!
EUR/GBP First half of the position taken offf, now its on break even and im will be letting the rest run.
if you have any questions, please drop me a message on here or on Instagram!
Also check out my free weekly outlook!
Very simple Bitcoin/Crypto Trading Strategy for Weekly ChartVery simple trading strategy for weekly charts.
Buy:
After close of 2nd green candle in weekly chart
Sell:
After close of 2nd red candle in weekly chart
Take profit:
Next short/long?
Stop loss:
Open of the first green/red candle? Maybe lowest/highest point of the first green/red candle?
I did some backtesting without stop loss and take profit with this settings:
Initial captial: 1000$
Order size: 1000$
Pyramiding: 0
Commission: 0.5%
For 2016-now the strategy would've made a profit of 419%. If you always invest 100% of your capital (so start capital + all profits) the profit should be higher then simple holding bitcoin. Profitable trades 46%, Avg Trade 15% profit.
Let me know what you think about this strategy. Maybe there is room for combining it with an indicator to increase the amount of profitable trades.
Backtest for 2018-now:
Potential EUR/CAD Long Keeping it simple here.
Broke through the resistance on the 4th touch, I will be looking for the price to retest the highlighted area before looking to go long.
