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Simple EMA Forex Trading Strategy

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Kamogelo Madibe
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556 views3 pages

Simple EMA Forex Trading Strategy

Uploaded by

Kamogelo Madibe
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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A Simple Forex

EMA Strategy

Getting Started
This is a very simple strategy with only two indicators. I use this
strategy on the 15 minute, 30 minute, 1 hour, and 1 day time
frames.
The two indicators being used are
1. A 10 period Exponential Moving Average (set to close)
2. A 21 period Exponential Moving Average (set to close)
You should color the 10 period MA Blue and the 21 period MA
Red. (You can refer to the picture above as visual reference)

How to Trade
Trading this strategy is extremely simple. You want to make a
trade when the two Moving Averages cross each other as
shown by the arrows below:
The Blue Moving Average crossing above the Red Moving
Average would indicate a buy. While the Red Moving Average
crossing above the Blue Moving Average would indicate a Sell.
Remember: If the Blue Moving Average is on top, price is in a
UP Trend. If the Red Moving Average is on top, price is in a
DOWN Trend.

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Happy Trading 

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