The use of 30-Simple MA reminds me of similar strategy by Stan Weinstein in his classic book "Secrets for Profiting in Bull or Bear Markets" that uses 30-Weighted MA. What I appreciated most from your video is the "EXIT STRATEGY". Thank you for sharing this simple yet effective strategy!
I tried to use this yesterday for the very first time and i won the trade then this morning i used it again and boom! same result i won the trade again! Thank you for this very valuable knowledge.
0:00:00 INTRO 0:00:30 WHAT IS A MOVING AVERAGE (MA)? 0:01:15 DIFFERENT MA CALCULATIONS. WHY & HOW... 0:03:45 HOW TO USE 0:04:55 IDENTIFYING THE TREND 0:08:00 THE THREE C's... CONFIDENCE, CALMNESS, CERTAINTY... (ADD ON TRADES HOFFMAN RETRACE BAR) 0:08:35 USING THESE PRINCIPLES TO TRADE SHORTER TERM 0:09:55 ADVERTISMENT 0:10:35 TRADING RULES OF ENGAGEMENT... SHORT TERM MA's 0:12:20 EXAMPLE 0:16:50 SCALPING THE M3 CHART 0:18:30 APPLY!!! BACKTEST!!!!
I am already in a year of self studying forex trading. This lesson is really a big help. It’s my first time viewing clear explanation on using moving ave. Thanks a lot for the upload. You are a blessing to us who self study. Thank you. Thank you. Thank you.
I listened intently and this clicked with me like an aha moment. You are truly a teacher sir, unlike so many out there that pretend to teach. I've subscribed and will get your course. Thank you so much..
My fourth or fifth time watching implemented $1500 profit immediately. It works !!! Thank you so much for sharing your knowledge. Thank you
There is true genius is simplicity and this approach has it. A very nice strategy for getting in, staying in and adding to the trade. Many thanks for sharing.
I am a day trader....That was exactly what I was looking for....an Entry, Add, and Exit strategy that makes sense. I have been trading for a few years and have tried a lot of different things to put it all together...wow, this strategy is awesome...new traders don't get intimidated on the Exit rules it's easier than it looks at first. I have been using with marking the high/low of the 1st bar on the 3 min. Can play off of those with the 30sma. All the best traders short term use "price action"...that is what is so sweet about this system...you are too. Thanks again for taking the time to make available.
Well and clearly explained. Thank you!
Fantastic channel and amazing delivery of the concept… I’m glad I stumbled upon your channel. You should have way more visibility. Your videos are treasure! Thanks for passing along this expertise!
Simple, clear and understandable. Thank you. This shows that investing is not rocket science, despite what other YT'ers would indicate by their own over complicated vlogs and fancy charts. BTW I bought 10 stocks following the advice here and made a positive start.
What a clever, elegant way to approach the market using Moving Averages. Thank you Professor!
The video I just watched, the explanation is easy to understand for beginners like me who are learning in the nfc community
12:03 The latter is that the close is ABOVE the last lows. So in this case... Former - exit Latter - stay long A diagram at the same time would've helped, though you did it later. But it is a good tip. 👍
Thank you, sir. I have explored a lot of channels and you are the best I have ever seen. As a professor, you put it concisely and methodically.
Great, thank you Prof .... next video should be about the exit point :trophy-yellow-smiling:
So far I have only watch this video and I am completely impressed. Love it!
Thanks for this excellent content. In this video only buy setup is explained. Is this strategy applicable only for LONG Trades ? Ideally the opposite conditions are applicable for SHORT Trades. Kinldy conifrm my understanding.
This is really really good, as it allows the trader to hold trades in drawdown as you are looking for the second close in conjunction to the second relative low or high based on your entry (Buy or Sell based on the SMA)
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