Forex 10 EMA Easy, Simple, and Low-Risk Scalping Strategy – The best new trading system and strategy based on 10 Exponential Moving Average.
The main secret of this system is the 10 EMA line.
Moving Averages are a great way to see where prices are headed at a glance, but successful traders rely on a combination of technical indicators to make trades.
The EMA indicator is very popular in forex trading, so much so that it is often the basis of a trader’s main trading strategy.
A common forex trading strategy using EMAs is to select a shorter-term EMA and a longer-term EMA and to trade based on the position of the short-term EMA in relation to the long-term EMA.
A trader enters BUY orders when the short-term EMA crosses above the long-term EMA or enters SELL orders when the short-term EMA crosses below the long-term EMA.
One of the most powerful EMA periods is 10.
We can use 10EMA Medium Price (HLC/2), HIGH, and LOW to guide our trading decisions.
As long as the price remains above the chosen EMA level, the trader remains on the BUY side; if the price is below the level of the selected EMA, the trader is a seller unless price crosses to the upside of the EMA.
Take a look at the image below.
- DOWNLOAD these
NON-REPAINT Tools For Making The Perfect Trade Entry(the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
In this system, I’m using some powerful indicators to filter the trade and make a profitable entry.
- 10 EMA Medium Price (HLC/2)
- 10 EMA High
- 10 EMA Low
- FNCD + D1
- FX FISH + D2
You can use the trading system for all times.
- The price remains above the 10 EMA Medium Price (HLC/2)
- The FNCD + D1 blue color
- The FX FISH + D2 blue color
- The price remains below the 10 EMA Medium Price (HLC/2)
- The FNCD + D1 red color
- The FX FISH + D2 red color
For advanced traders: if you are in profits and you are far from the entry you can add to the trade once the price retrace and touch the 10 EMA Medium Price (HLC/2)again.
And make sure before adding that the all the entry conditions are all met in the lower time frames.