Strategy EMA Scalping Strategy

[GSterlingTrader]

While researching I found out that you can be profitable as anything even with Moving averages.

Now, to do this, you need to see the market as an investment opportunity and you must be patient for it to yield. Having this mindset would deliver you tremendous results.

Strategy:

EMA 21 and EMA 14

To use this profitably, please you must use H2 timeframe on MT5.
You will determine the bias or direction for your trade using this timeframe and then use M15 for entry.

I hope you thank me later!
Good luck

 

[expartman]

ok I understand. but what about stop loss and take profit?

 

[Adiwana19]

Youre correct on the moving averages.I simply use 18/50/200 averages on M15

 

[Riqueenanee]

interesting strategy, someone tried? what happened?

 

[hokcuz]

i quite understand this i however use period 21 and 8 personally as well

 

[raycar1117]

thank you, let me try it out!! anyone tried by the way?

 

[naluvs01]

I've tried the GUPPY System. It includes the 3, 5, 8, 10, 13, 15, 30, 35, 40, 45, 50, 60. Basically, the shorter term EMAs show retail trader sentiment and the longer EMAs show institutional traders.

 

[naluvs01]

I've also seen from other strategies EMAs 13, 50, 200, and 800 used along with the TDI.

 

[JVfx]

i quite understand this i however use period 21 and 8 personally as well

That is good combo average for breakout and hourly trading and day.