EMA 10 & 20 Strategy
1) Wait for an uptrend (10 EMA (Orange) crosses ABOVE 20 EMA (Blue))
2) Wait for price to breakout then retest the EMA's (either one(based on the trend type))
3) Wait for bullish confirmation candle after the retest
4) Enter after the confirmation candle
5) Set a stop loss underneath the previous swing low (previous Zigzag point)
6) Take profit one the EMA's cross the other direction (10 EMA crosses BELOW 20 EMA)
indicators EMA x2 & ZigZag
Hope this helps works w/ long and short positions, great for beginner/intermediate traders experimenting with strategies
Recc 5 min candles
1) Wait for an uptrend (10 EMA (Orange) crosses ABOVE 20 EMA (Blue))
2) Wait for price to breakout then retest the EMA's (either one(based on the trend type))
3) Wait for bullish confirmation candle after the retest
4) Enter after the confirmation candle
5) Set a stop loss underneath the previous swing low (previous Zigzag point)
6) Take profit one the EMA's cross the other direction (10 EMA crosses BELOW 20 EMA)
indicators EMA x2 & ZigZag
Hope this helps works w/ long and short positions, great for beginner/intermediate traders experimenting with strategies
Recc 5 min candles