As it was in 2022, we still continue our series with simple and profitable strategies for rookie traders. This one in particular is a combination of 3 indicators: Bollinger Bands, exponential moving average and Stochastic indicator. What is important while using such methods is that - yes in the future you might change the rules and add some other variables but in the beginning it is not a wise thing to do which I’m explaining also on examples.
- Can you make profit with this strategy? Sure thing you can.
- Is it easy to use? I’d say it is dead easy.
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