Swing Trading System 5EMA And 8EMA

This is one amongst the terribly basic swing commercialism ways that uses 5ema and 8ema indicators. The underlying principle of this method is that if the quicker exponential moving average(5ema) crosses the slower exponential moving average(8ema) to the side, its an
indication of associate uptrend. If 5ema crosses 8ema to the draw back, its a sign of a downtrend.

Time frames: 4hrs, daily.
Indicators: 5ema & 8ema
Currency Pairs: Any

Long Entry Rules: Wait for 5ema to cross 8ema to the side. support the shut of the holder that closes when the ema’s have cross. 

Short Entry Rules: When 5ema crosses 8ema to the draw back, sell at the shut of the holder. Place your stop loss 5-10 pips on top of the high of that holder.

Trade Management :

• If trade goes in favor, and you want to lock profits, the best option is to move stop loss and place behind the high of subsequent candlesticks that form. This means for a short trade, moves stop loss and place above the highs the candlestick that continues to make a lower highs. For a long trade, move at stop loss and below the low of each subsequent that continues to make Higher Low.
• Or if on the daily time-frame, you try to use a 60-90 pips trailing stop.
• If on the 3hr time-frame, use 35-40 pips trailing stop.

Advantages of Cross Over Swing Trading System 5EMA And  8EMA 

• So easy to learn and use.
• Strong trending market, ability to make a lot more profit when you ride out the trend with good trade management.

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