BEST TRADING STRATEGY 2021 WORKING IN ALL MARKETS

  market and any time frame understanding

this way of trading is so important for

anyone interested in being consistently

profitable i believe looking at the

market in the way i'm going to describe

will exponentially increase your chance

of being a successful trader so hang

tight and get ready for how stupid

simple this is it is really simple but

that doesn't mean it's going to be easy

before i get any further into things

just be sure to use my buy bit link in

the description of this video if you

want to support the channel and start

trading on the best crypto exchange

now onto the main topic

first i have some simple truths i want

you to think about

you know don't worry though i'm going to

be talking about an actual strategy in a

little but i want you to be thinking

like me first

got to get in your head

to the right place you know i'm trying

to get your head in the right place so

this might seem dumb but you know trust

me this is important let's think about

looking at any chart and being able to

see the future price data when we

you know when are the best times to

short

and one of the best times to enter long

well obviously if you can see the future

price data you'd say

well you know i'd short this high up

here

i'd short here i would short here

i would short here and i would buy long

on this dip buy this dip i would buy

here and

it's obvious right

so what if i told you that

these are the trades that i really took

what if i told you i actually went short

right here

on euro against the us dollar

well i really did and it's using such a

simple concept of trading i called it in

real time on my patreon page this exact

trade where i shorted euro against the

us dollar right here

so

let's get into this a bit and talk about

this really important simple concept of

you know

trading and

viewing the market in general

and you know i'll give you a little bit

of a strategy as well so it's not going

to be just you know concepts and stuff

because i know a lot of people want and

you know they want an actual strategy to

go out and trade with but

you know the strategy part isn't as

important as just the general concept

that i'm teaching so let's get into it

all right major concept number one

you're using overbought and oversold the

wrong way

the right way to think about it

is in a downtrend there's no such thing

as oversold

in an uptrend there's no such thing as

overbought

in a downtrend

there is

only overbought

and in an uptrend there is only

oversold

thinking about it this way is extremely

important

and let's just get into an example of

exactly what i mean

if you look at any trend where we're

using the 200 ema

as the thing that determines the trend

direction

you can see

when price

goes oversold according to indicators

it keeps on going it keeps on trucking

price doesn't care about oversold in a

downtrend so where does price first go

oversold