The Most Simple and Powerful Technical Analysis Trading Strategy For Beginners

"I'm going to teach you a very simple strategy that only uses five different steps only price action and one indicator to help us place our stop loss"

"demo trade this exact five-step process for the next three months"

"only trade when you see double bottoms in these areas"

"it would be the opposite for sell trades. We'll look at those later in the video double tops only"

"the way i do that is the atr indicator super simple to find go to indicators should be on any platform type in atr or average true range and it should be one of the first ones right here"

"one atr or 26 pips below the lowest low of my double bottom"

"place your targets near the swing highs out on the daily chart"

"stop and try to demo trade exactly what i showed you if you come up profitable within the next three months"

"Pairs like the Aussie dollar or the dollar Swiss may have a really low atr like 20 pips on the one hour chart it might even be lower than that might be 10 pips whereas pairs like the pound Aussie year the pound new zealand's a great example of this the pound yen are gonna have more like 25 35 pip atr's on the on the lower time frames even like the one hour chart"