Monday, May 2, 2022

Too busy! EMA Bounce Strategy

Haven't had the time to pursue this, what with COVID and all. But if I'm ever gonna take the leap, this is gonna be my go to strategy:

1-day time frame, EMA 8, 20, 50. Just wait and trade off the bounce. SL at the higher line, TP when a crossover happens. This requires monitoring, so I can't trial the strategy while working. But just looking back a couple a months, it seems like it'd work. Just gotta maintain discipline.

When to take the plunge??? 

Trade safe,

X

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