Great idea. Always use the time frame analysis that suits your timeframe and tolerance for risk. Helps if you are able to find that sweet spot of the time frame that allows you to explore your edge in the markets.
Thanks for your feedback. It certainly makes trading more interesting when you can backtest a strategy like this, find a positive expectancy over your backtests and apply sensible risk management to help you achieve your trading objectives.
You can trade just end of day as I show. But yes the next trading day I usually enter from a 15 minute chart after a pullback has occurred and use a combination of pivot points and fib levels to trade off. I teach this technique in my free webinar series. If interested you can register here acy.com/en/education/webinars
AWFUL!!! Same as any other MA trading strategy. Makes money when in a trend then when market goes sideways you give it all back and then some! This guy cherry picks trades in this video making it look like it's profitable. It's not. Sorry.
HI gazcityboy, these types of videos are there to provide ideas for your trading strategies to consider, and most importantly, to test. Every trader has their preferred timeframe and tolerance for risk. Also, many professional traders consider there are 3 main types of markets. Trending, range bound and volatile breakout markets, plus 3 different timeframes (short, medium and long term). Therefore, if you were truly going to develop a suite of strategies to potentially smooth your equity curve, you would develop a strategy for each style of market and timeframe. So, if you found absolutely zero information in this strategy, then move on. That's ok. This strategy, along with every strategy in the world, cannot capture all the perfect trends at all times while eliminating getting churned during other market types. We wish you every success in finding the perfect strategies to help you achieve your financial goals. Best of luck.
What sort of strategy are you looking for? This is a simple FX strategy, as mentioned in the title, designed to provide some ideas to get the ball rolling for newbie traders. The key with every strategy is to build your own. To use ideas like this to back test. And if you find it doesn't work, then try others. We hope you have a fantastic strategy already, but perhaps you are still on the lookout, otherwise, why would you be searching for a 'simple forex strategy.' That's ok. There is no hurry. You'll develop a great strategy in time. Best of luck.
It’s best to use 1 day to identify trend and 15 minutes to identify best entry and safest exit (instead of 4 hours) ✅
You’re a GENIUS 👏
Great idea. Always use the time frame analysis that suits your timeframe and tolerance for risk. Helps if you are able to find that sweet spot of the time frame that allows you to explore your edge in the markets.
@@ACYSecuritiesAustralia Can’t Thank You 🙏🏻 Enough…I did my own tweak and WOW
This Strategy should be named Duncan’s Bands or Cooper’s Way ⭐️⭐️⭐️⭐️⭐️
Great feedback. The staff here are loving Duncan's strategies and are absorbing as much from his training as possible.
I'm impressed that something so simple could produce decent results. I could teach my 13yo son this easily :) Thank you!
Thanks for your feedback. It certainly makes trading more interesting when you can backtest a strategy like this, find a positive expectancy over your backtests and apply sensible risk management to help you achieve your trading objectives.
Interesting, I can’t wait to back test this …Do you enter on a lower timeframe on the next trading day ?
You can trade just end of day as I show. But yes the next trading day I usually enter from a 15 minute chart after a pullback has occurred and use a combination of pivot points and fib levels to trade off. I teach this technique in my free webinar series. If interested you can register here acy.com/en/education/webinars
@@ACYSecuritiesAustralia thank you
AWFUL!!! Same as any other MA trading strategy. Makes money when in a trend then when market goes sideways you give it all back and then some! This guy cherry picks trades in this video making it look like it's profitable. It's not. Sorry.
HI gazcityboy, these types of videos are there to provide ideas for your trading strategies to consider, and most importantly, to test. Every trader has their preferred timeframe and tolerance for risk. Also, many professional traders consider there are 3 main types of markets. Trending, range bound and volatile breakout markets, plus 3 different timeframes (short, medium and long term). Therefore, if you were truly going to develop a suite of strategies to potentially smooth your equity curve, you would develop a strategy for each style of market and timeframe. So, if you found absolutely zero information in this strategy, then move on. That's ok. This strategy, along with every strategy in the world, cannot capture all the perfect trends at all times while eliminating getting churned during other market types.
We wish you every success in finding the perfect strategies to help you achieve your financial goals. Best of luck.
SUCH A FLOP STRATEGY 🤣😂😂🤣.... PURE CASINO STRATEGY
What sort of strategy are you looking for? This is a simple FX strategy, as mentioned in the title, designed to provide some ideas to get the ball rolling for newbie traders. The key with every strategy is to build your own. To use ideas like this to back test. And if you find it doesn't work, then try others. We hope you have a fantastic strategy already, but perhaps you are still on the lookout, otherwise, why would you be searching for a 'simple forex strategy.' That's ok. There is no hurry. You'll develop a great strategy in time. Best of luck.