Exponential Moving Average Forex Trading Strategy

[theeyeblink]

In an attempt to average out market fluctuations, traders are constantly inventing new strategies based on moving averages. In this article, we’ll look at one of such strategies that use EMA and fractals.

To see the EMA strategy in action, let’s take an M15 chart on GBP/USD.

• Currency pair: GBP/USD
• Timeframe: М15
• Indicators: EMA(34, High), EMA (34, Close), EMA (34, Low), EMA (12, Close), Fractals

The good thing is that the strategy only involves standard indicators that can be found in any trading platform. As for the strategy rules, they are easy to understand even for a rookie trader.

How to use the EMA strategy

 

[sainefx]

How do we use this strategy? Seems like you post was cut or is missing the how to use it.