Today, I will share another excellent and effective trading strategy. I always try to make my posts full of information and interesting content. I also try to create posts that are genuinely useful for all of you.
In today’s post, traders can gain significant benefits, especially those who are interested about trading but avoid it due to fear or loss.
I’ve tried to explain this strategy in simple terms so that it’s easy for everyone to understand. As I mentioned before in my posts, my five relatives, who are also crypto enthusiasts and active traders, hold weekly meetings to discuss various topics.
Yesterday, which was Sunday, we had an excellent session where we discussed and tested a trading strategy. It turned out to be about 90% successful.
This strategy is very simple and doesn’t involve any complicated steps. You need to open TradingView and select the altcoin you want to trade.
Remember, you should start by analyzing the coin’s chart using larger time frames. Begin with the weekly chart and check the previous candle:
If the previous candle was bearish, it’s a sign to move towards short trades. If the previous candle was bullish, there’s a chance for a long trade. Next, check the daily time frame to confirm the bias.
For example:
If the coin appears bullish, look at the wick of the previous candle.If the current candle is below the wick of the previous candle, enter your trade and set your target at the previous candle’s wick.
Similarly, analyze the 4-hour and 1-hour candles:
Look for Fair Value Gaps (FVG) or order blocks as your potential targets. Once your target is met, set a trailing stop-loss to secure your profits and allow them to grow further.
The same process applies to bearish candles:
If the candle is bearish, check the lower wick of the previous candle and set that as your target. Sometimes, candles appear flat or equal. In such cases, it’s better to avoid trading and wait for a clearer candle to form. The clearer the candle, the better it will be for your trade.
Another important point to keep in mind is that trade execution should be based on smaller time frames, while larger time frames are only used to identify the trend.
This is a simple and effective strategy. If you understand it thoroughly, you’ll be able to execute trades successfully and improve your trading skills significantly.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
Original content in URDU (Translated using ChatGPT)
Aaj aik or behtareen or kaam karnay wali trading stratgegy kay baray mei bataonga. Meri hamesha koshish rehti hai keh meri har post information or interest se barpoor ho. Or aksar koshish rehti hai keh aisi post deta rahu joo aap logo ki kaam zaroor aye.
Aaaj key iss post mei traders acha khasa faida uta sakti hai or har wo shaks jo trading kay shoqeen hai lekin dar kay maray trading nahi kar saktay.
Iss post mei koshish ki hai keh strategy ko cover kar saku or asaan alfaz mei aap logo se share karu. iss se pehlay app dosto se guftugu ki hai keh hum 5 rishtadar jo crypto mei kaam karnay kay shoqeen hai orr saath mei trading b kartay hai, har hafta kisi na kisi maqam per meeting raktay hai jo mukhtalif mozuaat per baat cheet kartay hai.
Kal ka din jo Atwar ka din guzra, hamari aik behtareen nishast huvi jaha hum ne aik behtareen trading strategy kay baray mei guftufu ki or practical b kiya jo 90% kay qareeb kamyab raha.
Yeh strategy bohot he simple hai orr isme complication wali koi kaam nahi. aap ne trading view kol kay altcoin select karni hai jis mei aap trading karna chaho.
Yaad rakay keh aapne pehlay baray time frame se uss coin kay chart ko daikna shuru karna hai. Weekly hisaab se shuru karay or previous candle ko chech karay. Agar previous candle bearish raha toh short trade ki taraf jayenge or agar bullish raha toh long trade ka chance hai.
Uskay baad apne daily time frame check karna hai, bias check karnay kay liye. misal kay tor per coin bullish hai, toh hum pichlay candle kay wick ko check karenge, agar mojuda candle pichlay candle kay wick se neeche hai, toh apne trade utani hai orr apna target pichlay candle ka wick rakna hai.
Issi tarah aap 4 hour and 1 hour candle check karna hai, jaha aapko FVG ya phir order block miljaye toh wahi apka target hoga. Jab target meet hojaye toh trailing stopless set karle, jo apkay profit ko badata rahey ga.
Yahi scene bearish candle kay liye hai. Agar candle bearish ho, toh aap pichle candle kay lower wick ko check karna hai, or apni target wahi rakni hai.
Baaz oqat candles bilkul barabari mei hoti hai toh aisa mei apne trade avoid karna hai or doosre candle ka intazar karna hai. Jo candle wazeh hogi wahi aapkay trade kay liye behtareen hogi.
Aik or cheez zehen mei rakay keh trade ki jo execution hai woh short time frame kay hisab se hogi, baray time frame per apne sirf trend check karna hai.
Yeh aik asaan or kaam karnay wali strategy hai, agar isko behtar andaaz mei samaj jao toh bohot achi trading kar sakoge.
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
