Subasish Pani revealed the most simple, yet successful strategy: 5EMA set up!
Here is a thread of 23 video clips on the 5EMA set-up that will save you hundreds of hours and available to you for no cost!
5EMA set-up: 🧵!
Collaborated with @AdityaTodmal
1/Don't hate on any style:
• Admire the fact that money can be made from intraday, scalping, positional, option buying, selling, futures, etc
• Try to understand which one fits you the most and apply that, then ignore the rest!
2/ System with a R/R of minimum 1:3:
• Here is a system that works for investing, scaping, positional, options buying and selling, futures etc.
• The R/R of this set up in intraday is 1:3 & for investing can go beyond.
3/ Why EMA over SMA? :
• Exponential moving average is used, as it places a greater weight and significance on the most recent data points.
4/ 5EMA moves very close to the prices:
• Mean reversion theory: Asset prices usually tend to go back to normal or average levels after an extreme price move.
• Prices routinely oscillate around the mean but tend to return to that same average price over and over.
