If you’ve come this far in the trading courses, and really grasped the separate instructions on you way to this article, it could be good to reflect on the various aspects that we have studied, and to see how all of them combine into a single concept that leads the way.
I have attempted to make you understand that EMA50 break outs create EMA9 trends. Therefore, both the EMA50 RT entry and the subsequence Entry Diagonal for the confirmation entry, have to produce new EMA9 trends. For this reason, the EMA50 RT and the following entry diagonal are the A+ setups, the high probability entries of my trading system.
When markets are trending, this edge gives runners that stay long 'all day', and even on chop days, range days, this particular edge produces enough points to make a good living. Just stick to the rules:
On trend days, leave runners and trail;
On range days, exit the runners when the EMA9 trend ends or fails.
Let’s have a look at a simple step by step guide as a roadmap when looking for a setup.