Ema 20 50 cross over

Warning, no 100% strat and you may lose money if you do this. Your best frind is common sense, and risk mgt.

Dont risk more than 2.5 dollars per trade. Or 25 pips to 0.01 lot.

The idea is simple, trade the cross over. 1 trade a day, 3 x a week.

You may trade 1 min, to weekly time frame, it works the same.



Here is example. I suppose by luck it was a 1 to 5 rr. But if you do this, 1 to 1, 1 to 2, 1 to 3 is already more than good.

https://www.tradingview.com/x/JTZi6Ecp

Here's today. This is a lucky sell off.

Can you elaborate on the EMA settings?

Its basic ema 20 and 50 only. No special setting. As you see a cross over happens, you wait for a retest on the faster moving average then buy or sell away from that faster moving average.

Stuff that can help if if the market is trending. Just so, one trade a day is the way. If you win or lose, thats it. This is to avoid over trading.

https://www.tradingview.com/x/2w3BENX0

Here is another sample. Pretty much happens in the london session.

2pm to 6pm +8 gmt is where you look for the setup.

Thanks Sovy! It works on trending phases. I like it with currency power or weakness (EU today).

Well done

You may also plot the weekly openings to serve as support and resist. If you do, you may place your tp before those lines if the xover happens within.

Example https://www.tradingview.com/x/kS24mrMs

you may do this.

Enter. Then put stop loss after 1 to 1, then let it ride by not moving your stop loss anymore to the other end of the weekly gap

swissy
https://www.tradingview.com/x/3v8Agrf8
Euro
https://www.tradingview.com/x/IBvozNfL
Cable
https://www.tradingview.com/x/4vd8SnH6
Ninja
https://www.tradingview.com/x/IrVmEhOo

Note just one trade a day. If you lose, go play diablo 3. And maybe 4 when its out. Dont sweat it.

If it works, move stop loss to 1 is to 1 then tp to the next weekly opening then play games. Worse case, you got your 1 to 1. Best case you got your 1 x many.

If you're new at trading, pls focus on 1 trade a week. Win or lose, then spend the rest of the week observing the weekly openings to see your pair's pattern. Because normally it would go from opening to opening.

plot atleast 8 wewk's worth of openings. Thats around 16 lines. Easy to do on trading view.

ema 20 50 is my opening. You can easily do this with any other entry model. Like if you observe the 5 mins, then entry is pretty much the smc breaker or fvg entry.

Still, this also goes to show, keeping it simple is just as good as smc. Hehe