Trader DNAHey guys welcome back to another episode in this video we will be going through our exponential moving average trading strategy in depth and how we use it in combination with price action if you want more videos more often please smash the like button subscribe and turn on the notifications
Bell so that you know exactly when new content is released the very important point before we start everything we discuss in this video can be used for currency trading stock trading and crypto because price action stays relatively consistent across different assets so we’re going to go very in depth in this video
Plot on your chart the 20 and 50 exponential moving average the first step is to properly set up our charts with the right moving averages we can identify the ema crossover at the later stage the exponential moving average strategy uses the 20 and 50 periods ema the second rule of this moving average
Strategy is the need for the price to trade below or above both 20 and 50 ema in this case we need to wait for the exponential moving average crossover which will add weight to the bearish market we refer to the exponential moving average crossover for a cell trade
When the 20 ema crosses below the 50 ema by looking at the exponential moving average crossover we create an automatic buy and sell signals since the market is prone to false breakouts we need more evidence than a simple exponential moving average crossover at this stage we don’t know if the
Bearish sentiment is strong enough to push the price further after we sell to make a profit to avoid the false breakout we added a new confluence to support our view this brings us to the next step of the strategy the conviction behind this moving average strategy relies on multiple factors
After the ema crossover happened we need to exercise more patients we will wait for two successive and successful re-tests of the market reversal the two successful retests give the market enough time to develop a trend never forget that no price is too high to buy in trading
And no price is too low to sell Let’s look at another examples [Applause] So the exponential moving average strategy is a classic example of how to construct a simple ema crossover system with this exponential moving average system we are not trying to predict the market we’re trying to react to the current market condition which is a much better way to trade
The advantage of our trading strategy stands in the exponential moving average formula it plots a much smoother ema that gives better entries and exits as always if you learned something new make sure you subscribe click the notification icon and leave us a like to show your support see you next time
write 2100 words and add headings article based on this youtube script use 20 words in a sentence in maximum 25% of sentencesHey guys welcome back to another episode in this video we will be going through our exponential moving average trading strategy in depth and how we use it in combination with price action if you want more videos more often please smash the like button subscribe and turn on the notifications
Bell so that you know exactly when new content is released the very important point before we start everything we discuss in this video can be used for currency trading stock trading and crypto because price action stays relatively consistent across different assets so we’re going to go very in depth in this video
Plot on your chart the 20 and 50 exponential moving average the first step is to properly set up our charts with the right moving averages we can identify the ema crossover at the later stage the exponential moving average strategy uses the 20 and 50 periods ema the second rule of this moving average
Strategy is the need for the price to trade below or above both 20 and 50 ema in this case we need to wait for the exponential moving average crossover which will add weight to the bearish market we refer to the exponential moving average crossover for a cell trade
When the 20 ema crosses below the 50 ema by looking at the exponential moving average crossover we create an automatic buy and sell signals since the market is prone to false breakouts we need more evidence than a simple exponential moving average crossover at this stage we don’t know if the
Bearish sentiment is strong enough to push the price further after we sell to make a profit to avoid the false breakout we added a new confluence to support our view this brings us to the next step of the strategy the conviction behind this moving average strategy relies on multiple factors
After the ema crossover happened we need to exercise more patients we will wait for two successive and successful re-tests of the market reversal the two successful retests give the market enough time to develop a trend never forget that no price is too high to buy in trading
And no price is too low to sell Let’s look at another examples [Applause] So the exponential moving average strategy is a classic example of how to construct a simple ema crossover system with this exponential moving average system we are not trying to predict the market we’re trying to react to the current market condition which is a much better way to trade
The advantage of our trading strategy stands in the exponential moving average formula it plots a much smoother ema that gives better entries and exits as always if you learned something new make sure you subscribe click the notification icon and leave us a like to show your support see you next time
