Happy Monday! It's a new week which means many new opportunities to get into the market...but it doesn't mean that you have to take all of them.
Make sure you focus on finding the best setups by sticking to your plan and following your confirmation checklist. The best out of 25 will give you a good idea of your win/loss ratio.
If you are still struggling to find a SIMPLE strategy that works for you, try using this Double EMA strategy that I apply to my trades. Let me know what you think and if it works for you!
Today we will cover: 1. How to use EMAs on Tradingview 2. Double EMA Strategy 3. Feel confident taking a buy or sell in Forex trades 4. Trade with the trend
Peace and Profits, Cha
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Let me know if you all try this strategy by leaving a comment!
Great video for me as a beginner. Do you have more beginner video's like this ? Thank you !
MoneyMantraCha
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@Dimagi72, Thank you! And yes, you can visit my YouTube channel. It's posted under the video :)
Artsieguy
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This was really great for me. I’ve been searching for something simple, or rather, uncomplicated for set ups that I can use in conjunction with my other indicators, as well as some added confidence about entries and exits.
Thanks so much 👍🏻👍🏻
MoneyMantraCha
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@Artsieguy, You're welcome! I am glad it was helpful. Please let me know how it works out :)
@elsesser109, I don’t make changes to the STOCH after adding it but I do have the “indicators financial value” label on my overall chart.
- right click your scales or go to settings - select labels - make sure “indicators financial value” label is on so you can see when it above or below 20, 50 or 80
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Thank you for your valuable contribution to the TradingView community and keep up the good work!