Here is a simple price action Vs EMA strategy to predict the next day's trend of the Index or Stock. Though it is an easy strategy it will provide you absolutely amazing profits.
I like to call it a Sure Shot Strategy
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Above Nifty Chart Shows Buy/Sell Signals Buy means Buy or Exit Shorts .
Sell Means Short or Exit Longs
Enter Long – Exit Short Strategy
If Price Closes above 5 EMA then Enter long or Exit Short
Enter Short – Exit Short Strategy
If price Closes below 5 EMA then Enter Short or Exit Longs
For Intraday :
Use 5 min-EMA or 15 Min Charts …. Use Above rules for
your entry and exit
Note : Buy/Sell Decision Should be taken only on closing of the candle
No Need of Listen to the so called Experts views to choose your short term stocks
For More Updates and Improved Strategies about 5 EMA trading system
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Hellopls pls let me know,How can i get Simple 5 EMA Trading Systems chart for sure shot trading.waiting for ur reply.i want to use it for Dhaka stock Exchange Trading !!!!!THANKS
I have faced one problem…that is How shall I trade on the closing price of the candle…because you told that trading should be placed after closing of the candle stick and after the closing of the candle stick I have to trade on a new candle stick…So will it possible to trade on the closing price of the candle?please reply early..
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pls send 5 ema close backtest report
We are not selling backtest reports here. It is advisable to test on your own!
hii sir , I got 1.5 lacs loss
how can I make profit from commodity market.