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
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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