The Forex Scalpers Magic of EMA’s

-

Ema’s:
First of all the ema’s we don’t focus a lot on it because it is an indicator and like we all know, we are price action traders with naked charts, we like clean charts because it make sense so please use this document more as an confluence and not as an indicator to trade from and fully focus on. Zone to zone is the basic and the key.

What ema’s do you need?

  • 14 ema exponential
  • 50 ema exponential
  • 200 ema exponential for hightime frame act as dynamic strong support or resistance.

Like you can see the ema’s act as a dynamic support and resistance levels every cross could be a entry after the retest from the 14 ema you will find out that price bounce off and come back like a magnet alot of times... every retest could be a entry in a trending market... when price candles slow down we could expect a new cross that act as change of trend make sure you keep eye on the h1 h4 daily you will find out that the crosses happend alot daily on the 5m / 15m time frames make sure that the ema’s cross smooth and open there legs after the cross in a big way , the wider the better.. we need smooth crosses not ugly because most of the time when we have a ugly cross it is a fake out! Be aware of this!

Rules:
  1. Clean smooth cross. Make sure the legs go open after the cross. 
  2. Trending market.
  3. Keep eye on the high timeframes it works on all time frames!
  4. Don’t be greedy set targets. 
  5. Don’t enter right after the cross wait for the first retest and break to the up or down side in strong bullish or bearish push.
Wwe know how the crosses + retests works. Keep in mind you keep focus on the zones and higher time frame because it is key. A cross is nice but its better if its happens from a zone or bounce off from a support or resistance so keep realistic ema is a indicator and an indicator can lie sometimes.... my ex did also hahaha just joking! Another example below.


A sweet cross on Usdjpy legs go wide open 14/50 do you see it? And market start to trend soon the trend change and we have another cross again a smooth one! And we continue up funny isn’t it?

Another example on gold xauusd (doesn’t work always that good on gold because gold is a very violent and has a lot of volatility)


Gold a lot of crosses and drop down a lot of pips on the table. But like you can see the crosses are not always that smooth. I test it on different pairs and works fine on eurjpy usdjpy gbpjpy cadjpy retest and backtest it please if you use this strategy!

Comments

Post a Comment

Popular posts from this blog

Kokology Questions & Answers

-
[These are extracts only, to see the full details kindly purchase the original book] Kokology is the study of kokoro (Japanese: 心) which in the aforementioned language means "mind" or "spirit". ... The books were published in 1998 in Japan and became a Japanese bestselling phenomenon. The books were translated and became available in the United States in 2000. Below are some questions and answers for sharing: A Desert Journey Boring class settings, you drifted away and enter the eternal desert... 1. You are riding a camel and you are near exhaustion, what will you say to the camel? 2. Before you die of thirst, a traveler point to you a oasis, who is this person you know? 3. You finally come to your destination which is a town, what is your feeling? 4. After you dismount, another person took over, who is this guy? - 1. What happened when love is lost? 2. Who always help or comforted you? 3. What is your feeling after getting past lost love?...
Read more

Neuro-Linguistic Programming Models Summary (02 of 14)

-
GeneraliSation The The Meta Model generaliSations make explicit the way we summarise and categorise our experiences. Generalisations are basically the rules we use to manage life. There are usually exceptions or counter examples to rules. These rules and categories create self-imposed or company wide limitations. Examining these limitations is a powerful problem solving strategy. By generalising one or a few experiences, we can figure out what to do in a different experience. We learn to drive a particular car, and then use that experience to drive a new one. If we weren’t able to generalise, we would have to learn how to drive all over again. Problem Solving Examining categories and generalisations is an excellent creative problem solving strategy. What are the experiences that come to mind when you think of money for instance? We typically use an emotionally charged experience to stand in for all our experiences in a category. We generalise and categorise all kinds ...
Read more

Neuro-Linguistic Programming Models Summary (11 of 14)

-
The Inner Hero Pattern Beat the drum and let the poets speak. This is the day of purification for those who Are already mature and initiated into what love is. No need to wait until we die! There’s more to want here than money And being famous and bites of roasted meat. --Rumi Life can be lived in many ways. You can make it about making money or winning at all costs, or pleasing other people, or perhaps never standing out. Or you can live your life as a great journey of consciousness, one filled with many challenges and surprises, one that makes a positive contribution to the world. I want to talk here a bit about these different paths, emphasising that the Self-Relations approaches of Generative Self and Generative Trance are especially tools for supporting the latter path. Life as a journey has been described by many people, most notably the mythologist Joseph Campbell.  Campbell (1949; Gilligan and Dilts, 2009) studied the stories of many different cultur...
Read more