My Positional Trading System Based on EOD
I NAMED IT " C R M S TRADE SYSTEM "
Trading chart set up:
1. I use " Price Action Trading " with "Exponential Moving Averages " ,
Which is Fibonacci Numbers
EMA 21 , EMA 55 AND ALSO NON FIBONACCI NUMBER EMA 100
in my chart
2.I will not use any Indicators with out EMA s
3.I will use "Swing Trading" and main emphasis given to swing Trading
4.And i also use " Trend Line Break Out " and "Pattern Trading"
5.In swing "Bullish Engulfing , Bearish Engulfing , Pin Bar , Hammer , Reverse Hammer " is the additional importance will be given
my main intention is trade system should be " Easy ,Understandable , with Simple Rules , and also Less rules " (EUSL )
i always use to trade any 2 combination or any 3 combinations like trendline break out with EMA Break out or Swing Break Out with EMA Break Out
It may also got limitations but i am using this trading system , it is also hit stop losses for that i am giving money management rules in next posts