EMA Bounce Strategy Update (25 Apr - 12 Oct)

And so, another one bites the dust. Back to break even levels. 

Trading aggressively really does seem to be the only way. For now.

1:1 R:R also not really working out. Hmmm. Maybe... stick to the principle, change the R:R?

Trade safe!

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EMA Bounce Strategy Update (25 Apr - 18 Aug) - 29.8%, 53 trades, 4 months, 54% Win Percentage.

Lotsa losses (9 v 2) since my last update. Down over 50%, but still up overall. 29 Wins, 24 Losses. Let's see where this goes!

EMA Bounce Strategy Update (25 Apr - 27 Jul) - 87%, 42 trades, 3 months

Another 3 wins out of 4 in the past 2 weeks. 2 open trades in the black for $400 right now.

Still doing 2 contracts, 4 maj pairs, looking for the bounce in direction of 1-day EMA (8, 20, 50), setting orders for 5 mins a day. No orders if no EMA gradient. TP at nearest high/low or mid-past next EMA line, SL at mid-past next EMA line.

Trade Safe!

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EMA Bounce Strategy Update (25 Apr 22 - 12 Jul 22) - 67%, 38 Trades, 2.5 Months

 Keep it going EMA Bounce! 3 out of 4 wins in the past 2 weeks. Lotsa missed opportunities cos I don't stare at charts, but once again, we'll see how it goes :) 

Trade Safe,

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EMA Bounce Strategy Update (25 Apr 22 - 30 Jun 22)

 7 losses! But bounced back with 4 wins. Keep on trudging! 45% gains after 2 months and 34 trades.

EMA Bounce Strategy

 Encouraging results after a month plus. Let's see where this goes!

1. Start with 25k

2. 2 Contracts at any time.

3. 4 pairs at all times - AUD/USD; EUR/USD, USD/JPY, EUR/GBP (these have the lowest spread on IG trading, my chosen platform)

4. Set 8, 20, 50 EMA.

5. Place orders off the bouncing 8 or 20 EMA, in accordance to the 50 EMA trend.

6. SL at the 50 EMA, TP at 1:1.

So far, it's really been 5-10 mins a day, just to set new orders, or adjust existing orders. Gone from 25k to 34k since 25 Apr 2022. 38% in about a month plus, with highly sustainable trading habits - literally 5-10mins a day. In fact, writing this post probably takes longer!

Only problem is I've had too many wins, so I'm not sure if I'll get into another 9 loss streak a la pivot bounce strategy. So far, 15 wins to 6 losses, with no more than 2 losses in a row. Average loss is around 95 pips, average win is around 70 pips (but that includes the 3 trades which I manually closed cos I wasn't sure of the trend - i.e. trades 14, 15 and 20).

Trade safe!

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Crypto Earn Miners Scam Alert

If you see this group on Telegram, it's an ultimate scam.

You first decide on the plan you want. Say 100 USD, which would net you 400 USD in 24hrs.

Seems legit cos there are tonnes of people on the chat showing successful withdrawals.

You can even PM those "people" and they'd say it works, even though it seems dodgy at first.

So after you deposit 100 USD, you are informed there is an additional 95 USD one time registration fee. So you pay it.

Then you are informed of a 202 USD one time service fee. So you pay it.

Then you are informed of a 399 USD one time withdrawal fee. That's when I had enough. I was willing to wager 400 USD on a jackpot. Nothing more.

And when I called them out on this, they banned me from the group! 

The thing is, such profits are actually possible. I know it cos I've lived it (short term). But it's about having a winning system (which I don't have yet), so someone might just be "the one".

Well. Crypto Earn Miners ain't the one.

Trade safe friends. 

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