Today I want to give you a quick over view of a simple but effective strategy I have just learned. To be clear, today is the first day that I have used it, so I will give an update in the future, but I'll go ahead and show you how I made money with it today.

Remember I am trading on 1broker.com which is a great place to use bitcoin to trade stocks, indices, forex, and BTC to USD. I generally trade on 1broker during the week and poloniex on the weekend. But I have also been playing with longs and shorts on BTCUSD anytime I see an opportunity.

How to do the Blade Runner Trade on 1broker

On 1broker, you just go to your chart settings and click the EMA box and set it to 20. When the price rises above the 20 EMA you are looking for it to then bounce for confirmation and then take your long position.

Day Chart

As you can see from the day chart, the confirmation happened at around $870 to $880. I took a long position around then.

Week Chart

It looks from the week chart that it could have helped make an even better short than I did. I had a successful short earlier in the week because I was expecting some sort of correction after the spike, but I could have been more precise with this strategy.

Hour Chart

From my most recent screenshot of the hour chart, you can see that it has bounced off of the 20 EMA again and is continuing to be profitable. As you can see I have about a 15% gain so far. This trade was done at the max leverage for BTCUSD on 1broker which is 5x. I will continue to watch this until the price goes down through the 20 EMA and then will close the position.

Source

I learned about this strategy here: https://www.authenticfx.com/free-forex-trading-strategy.html This page goes into more detail about how to use the strategy.