US30 Trading Strategy — Transcript

Full transcript

1. 0:00so as a forex trader you like different
2. 0:02currency pairs
3. 0:03but when you start trading us 30 and you
4. 0:05start seeing those
5. 0:06huge profit numbers every single day you
6. 0:09get excited so in this video
7. 0:11i'm going to show you exactly how to
8. 0:13trade us 30
9. 0:14not only scalping but using this us-30
10. 0:17trading strategy
11. 0:18to hold long-term positions and make
12. 0:21more money
13. 0:22every single trade
14. 0:24[Music]
15. 0:26welcome back to the channel everybody my
16. 0:28name is artie and this is the moving
17. 0:30average a show where we discuss
18. 0:32everything day trading to keep you
19. 0:33profitable on a consistent basis
20. 0:35so you guys have probably already seen
21. 0:37my us 30 scalloping video
22. 0:39showing how to scalp between moving
23. 0:41averages taking a little bit of profit
24. 0:43and running away making big bucks
25. 0:46but how can you hold those trades longer
26. 0:48and what if you don't get the perfect
27. 0:50entry of the three-line strike because
28. 0:51it doesn't happen that often
29. 0:53in this video i'm going to show you how
30. 0:54to look at market structure and a break
31. 0:56in market structure
32. 0:58to find your best entries for us 30 and
33. 1:00hold those trades for a little bit
34. 1:02longer
35. 1:02and honestly if you're patient you can
36. 1:04make some really good money
37. 1:05so jumping into the charts we got us 30
38. 1:08here on a 15 minute time frame i want
39. 1:11you to focus on a higher time frame even
40. 1:1315 minutes is a little bit low but this
41. 1:15is gonna get you your best entry points
42. 1:18what i want you to do is set up a few
43. 1:20moving averages these are smoothed
44. 1:22moving averages to do so you're going to
45. 1:24click on the indicators tab and just
46. 1:26type in
47. 1:27smoothed it is a built-in indicator and
48. 1:29it is free put a star next to it keep it
49. 1:31on your favorites tab you want to click
50. 1:32this four times
51. 1:34or if you only have the basic package of
52. 1:36trading view there's an indicator right
53. 1:38here
54. 1:38called three smoothed moving averages
55. 1:40you can add that and that's one
56. 1:42indicator so you're going to want to
57. 1:43change the settings of the smoothed
58. 1:45moving averages the inputs are going to
59. 1:47be 21
60. 1:4950 100 and 200. you can do whatever
61. 1:52colors you want i have white green
62. 1:54yellow and red
63. 1:55the other indicator that you want to
64. 1:56keep up on your chart is the rsi the
65. 1:59relative strength index it is also free
66. 2:01in the built-ins
67. 2:02put a star next to it because you're
68. 2:03going to need it i like to adjust my
69. 2:04settings a little bit i
70. 2:06keep the inputs the same the length is
71. 2:08going to be 14 but the style i like to
72. 2:10change i like to change the color to
73. 2:11yellow because it's my favorite color
74. 2:13upper band and lower band instead of 70
75. 2:15and 30 you're going to change them both
76. 2:17to 50 with a solid line
77. 2:19and then just click ok so two very
78. 2:21important things that you want to keep
79. 2:23in mind when you are above the
80. 2:25200 smoothed moving averages you want to
81. 2:27look for long positions
82. 2:29and when you are below the 200 smoothed
83. 2:31moving average you want to look for
84. 2:32short positions
85. 2:33you also do not want to trade when it
86. 2:36looks like this
87. 2:36if it's flatlined and dead there is low
88. 2:39momentum
89. 2:39causing spikes up and down and there's
90. 2:42no clear trend so you'll be in a trade
91. 2:44for a very long period of time
92. 2:46causing you to lose more money so you
93. 2:48want to wait for clear spikes and dips
94. 2:50like this above or below the 200. now if
95. 2:53you guys don't know about market
96. 2:54structure please go back and watch my
97. 2:56market structure video but essentially
98. 2:58it goes
99. 2:59like this all right market structure in
100. 3:0115 seconds
101. 3:02we have our high we have a lower low we
102. 3:04have a lower high
103. 3:06and we have a lower low you're seeing a
104. 3:08staircase pattern correct
105. 3:09this is market structure if it does not
106. 3:12maintain the staircase pattern down and
107. 3:14it starts going up
108. 3:16breaking this high like it did right
109. 3:18here
110. 3:19breaking that previous structure now we
111. 3:21are above the 200 period moving average
112. 3:24all the moving averages are fanning out
113. 3:26showing a clear and concise momentum
114. 3:28move
115. 3:29up now this is the mistake that most
116. 3:31traders make they see a break in
117. 3:33structure but they do not wait for new
118. 3:35structure to be formed and don't get
119. 3:38bothered by these tiny little steps
120. 3:40these do not equate for
121. 3:42a higher low and a higher high in market
122. 3:44structure you want them to be clear
123. 3:46and concise like this is a high
124. 3:49and this is a low once this new market
125. 3:52structure is formed and it bounces
126. 3:54up this is your indication clearly
127. 3:56bouncing off of the 200 period moving
128. 3:59average
129. 3:59represented by this huge ass wick this
130. 4:02is where you would have gotten in
131. 4:04on your position creating a stop loss
132. 4:07below
133. 4:07that wick and basically what i want you
134. 4:09to do is
135. 4:10hold this trade long term i am a scalper
136. 4:14through and through but if you are a
137. 4:15long-term position trader what i want
138. 4:18you to do
139. 4:19is once you get into profit put your
140. 4:22stop
141. 4:22loss into profit immediately you don't
142. 4:24want to lose money on this trade you
143. 4:26never want to be in a position
144. 4:28where you're risking losing money i'd
145. 4:29rather move my stop loss
146. 4:31to in profit like 50 bucks 20 bucks
147. 4:35versus losing any amount of money i can
148. 4:37always look for the next trade but
149. 4:39earning back your losses
150. 4:40is a pain in the ass so what i want you
151. 4:42to do at this point once we've touched
152. 4:44this 200 and bounced off of it and we're
153. 4:47in profit
154. 4:48you move it to in profit right away and
155. 4:51you use this 200 period moving average
156. 4:54as your new trailing stop loss as it
157. 4:56gets higher and higher you can then
158. 4:58subsequently move your stop loss
159. 5:01to the next moving average but make sure
160. 5:03you don't get too close to the price
161. 5:05because you could get stopped
162. 5:06out on a quick correction so if you move
163. 5:08your stop loss to the 100 or the 50 you
164. 5:11can see you would have gotten stopped
165. 5:12out right here but if you have your stop
166. 5:14loss at the 100
167. 5:15you're still going in on this trade so
168. 5:18currently
169. 5:18just using that break in market
170. 5:20structure above and below the 200 period
171. 5:23moving average
172. 5:24right now still in an open position
173. 5:27you're up
174. 5:28778 points on us 30.
175. 5:31now for me a .01 lot size on us 30
176. 5:36means i'm in profit 778 dollars
177. 5:39but if you have a bigger account balance
178. 5:42or you're trading on a funded account
179. 5:44and you're trading a 0.10 lot
180. 5:46size you're up 7 780
181. 5:51on this one trade now keep in mind this
182. 5:53is a long term trade
183. 5:54you are doing a trailing stop loss
184. 5:56getting the most
185. 5:57out of a move so this trade right here
186. 6:00is going on for four days and 16 hours
187. 6:03but hundred and eighty 7780 in four days
188. 6:07is not a bad profit and a great
189. 6:09replacement for a full-time job now you
190. 6:11need to keep in mind your level of
191. 6:12patience and what amount of money you
192. 6:14actually want to make on a trade this is
193. 6:17a ridiculous trade to continue to hold
194. 6:19at this point what you could do is close
195. 6:2290
196. 6:23of your trade take your profits secure
197. 6:26that
198. 6:26and then move your stop loss up to the
199. 6:2821 or the
200. 6:3050. so a 0.1 lot size you're almost to 8
201. 6:32grand in profit
202. 6:34now why did i tell you to put the rsi on
203. 6:36this chart we got into this trade right
204. 6:38here so i drew a dotted line and let's
205. 6:40look at what the rsi is doing at this
206. 6:42point
207. 6:42zooming in a little bit closer on this
208. 6:44rsi what i like to do is use the rsi as
209. 6:47a momentum indicator and it's super
210. 6:49simple
211. 6:49if the rsi is above the 50 line that
212. 6:52means we're having
213. 6:53bullish momentum if the rsi is below the
214. 6:5650 line that means we're having bearish
215. 6:57momentum to the downside
216. 6:59so after doing our entire analysis on
217. 7:01the price action
218. 7:02we come down to the rsi to actually get
219. 7:05that reassuring click that hey
220. 7:07we are above the 50 level so we are
221. 7:09moving into the bullish momentum that's
222. 7:12all you're using the rsi for above 50
223. 7:14up below 50 down but you also have to
224. 7:17take into consideration
225. 7:18what direction that 200 moving average
226. 7:21is going if it's going down like this
227. 7:22you're only looking for short positions
228. 7:24if it's going up like this you're only
229. 7:26looking for long positions
230. 7:28if you guys are still watching this
231. 7:29video that means that you like the video
232. 7:30so if you wouldn't mind click the big
233. 7:32thumbs up button there below my face
234. 7:34and if this long-term trading is not
235. 7:36your cup of tea you don't like to hold
236. 7:38trades overnight or
237. 7:39long-term by any means check out this
238. 7:41video that i did
239. 7:42on scalping us 30 it is amazing and it
240. 7:45is one of the best strategies that i use
241. 7:47on a daily basis
242. 7:48and if you guys enjoy the way that i
243. 7:50teach and you like the content on this
244. 7:52channel consider subscribing by clicking
245. 7:54this button
246. 7:55right here also i have a discord group
247. 7:57linked down below