Any timeframe or just daily charts 34 EMA trading idea

Quoting Pedroall

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34 ema high,low and close buy market when the price closes above the 34 ema high stop loss when the price closes below the 34 ema close. Where to take profits? =========================================== enter short if price closes below the 34 ema low stoploss if price closes above the 34 ema close when can we take profits? {image}

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Quoting ZikriIrfan

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{quote} Are you just created this strategy? Or have a long time experience on it? I am asking because, according to me only moving average crossover trading strategy is not enough here.

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Quoting Pedroall

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{quote} the 34 wave is an all plan but im trading in a different way as the SAR . any filter or idea? {image}

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Quoting Pedroall

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the original wave come from the turtles they use 20 days high and low .Some trades changed that idea and use the ema 55 or 34 set to high,low close . taking all BO of the wave is more agressive but just 1 winner where you can add when move in your favor can make millioms {image}

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Quoting Expo33

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{quote} The original concept may have come from someone else but her 34EMA was only used for a fairly specific wave angle. According to Rhagee, this Dave character plotted every EMA and found that the 34EMA was best used for waves that fell into the 1-2 o'clock angle for bullish price action and 4-5 o'clock for bearish. Flatter price action and really strong impulse action were not suited to this wave. I think that's what distinguished the method verse other trending methods. EDIT: Just had a look at that section of the book (lots of dust on the...

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