Is it possible to be consistently ‘lucky’ in the currency market and produce profitable results on a monthly basis?
This was the question I asked myself, the answer is NO. You cannot be profitable every month based purely on luck. In my search to become a better trader, I read a book titled “The New Market Wizards” by Jack D. Schwager. The book contains a series of interviews with some of the greatest traders of our time. After reading the book, I found out a very profound truth; No trading success is based on accident or luck. These great traders interviewed all had one thing in common; they had a defined methodology or strategy. And they stuck to it and they made consistent profits.
Consistent profits from trading require a methodology or trading system;this is what led me to my “Golden cross strategy”. It is a trend-following system that uses the 20-day EMA, 200-day EMA, 84-day (Commodity Channel Index) CCI and 18 -Time Period (Time Segmented Volume) TVS.
Entry Rules
Long trade conditions:
  1. Buy when the hourly candle closes above the 200-day EMA
  2. The 20-day EMA is pointing upwards and below price
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