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What is a 9/30 EMA trading strategy?
Originally, the 9/30 trading setup was developed by Mike Burns and involves using a combination of two moving averages: In this case, the 9-EMA is our short-term moving average, while the 30-EMA is out long-term moving average. The 9 and 30 EMA trading strategy seeks to take advantage of the blank space created between the two moving averages.What is the last part of EMA strategy?
The last part of our EMA strategy is the exit strategy. It is based again on the exponential moving average. In this particular case, we don’t use the same exit technique as our entry technique, which was based on the EMA crossover.What time frame do you use 9 EMA entry?
9 EMA Entry works on any time frame. I used to scalp on 5 min charts entering with 9 EMA, now I use it successfully for daily charts with the same good result. Traders can use whatever Moving average they like: 5 EMA, 10 SMA etc. I like 9 EMA.Which is better EMA or SMA?
The benefits of using an EMA compared to a simple moving average is that you are likely to receive a signal that is more in tune with current price action. However, using an SMA over the EMA will mean that you reduce the number of fakeouts. Therefore, deciding on which is better is highly dependent on your trading style and strategy.