Forget quick cash, just get it out of your head because it ain’t happening. Not consistently, anyways.
Here’s a simple trend trading strategy based on the weekly and daily time-frames. Weekly too slow for you? Well then maybe you need to change your mindset, that is, if you really want to make some money.
All you need is a chart, 1 indicator (or not, up to you) and a s**tload of patience. That’s it. (SR levels also up to you).
Pull up a weekly, trending chart. Here’s one:
EURGBP
There’s a nice down-trend. The thing about trends is simple, in an uptrend you have more green bars than red. In a downtrend you have more red bars than green. In this downtrend I have highlighted a section containing 48 weekly bars; 30 of these are red (including current bar). So, until the trend has changed we are looking to catch another red bar. Your odds are pretty good on this.
Now for an entry point. Pull up the daily chart and place a short order at the low of the previous days’ bar. This works especially well after a pullback:
If your order doesn’t get triggered because price went up, then adjust it up or down the next day. It’s all about patience, and getting a decent entry price. You don’t want to get stuck in a pullback for 3 days waiting for it to come back down. So set your order and adjust it daily.
Stop Loss - Go back to your weekly chart and place your SL at ATR x1.5. This gets you out of the way of any noise. And if your SL does get hit then there’s a good chance the trend has ended:
That’s it. Boring AF!
How you manage your SL and TP is up to you. Some people take a few pips here and there, then look to get back in. Some people move their SL each day as price goes down. Some people aim for 50-100 pips then close half and let the rest run. That is up to you to decide.
Happy trading!
The title certainly got my attention, and I might just give this a go also. 
Haha. 
