Simple EMA/Trendlines Strategy
Assume your strategy is simple. Have some experience with trend lines, moving averages, price action and trend trading.
Rule 1#
We don't try to predict the future, we don't assume, we don't guess.
We do what the market tells us and act on what we see.
This is a strategy that requires hard work, as all systems have some false signals.
I'll be posting charts and trades as we go along each day so you can get the idea behind this trading strategy.
Okay, now the tool we're going to use is
1-
10 EMA Close - Red
20 EMA nearly blue
30 EMA Close - Yellow
2-
trend line
We only trade based on the direction of the trend on the daily chart and trade from the 15m-1 hourly chart...
I will try to post recent trades shortly after I make them, the reason being I don't predict that I will trade what I see!
NOTE: If you disagree or you don't find this strategy entirely helpful, you can simply visit a different thread!
Rule 1#
We don't try to predict the future, we don't assume, we don't guess.
We do what the market tells us and act on what we see.
This is a strategy that requires hard work, as all systems have some false signals.
I'll be posting charts and trades as we go along each day so you can get the idea behind this trading strategy.
Okay, now the tool we're going to use is
1-
10 EMA Close - Red
20 EMA nearly blue
30 EMA Close - Yellow
2-
trend line
We only trade based on the direction of the trend on the daily chart and trade from the 15m-1 hourly chart...
I will try to post recent trades shortly after I make them, the reason being I don't predict that I will trade what I see!
NOTE: If you disagree or you don't find this strategy entirely helpful, you can simply visit a different thread!
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