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Tuesday, March 31, 2020

Timeframes to use

What timeframes to use for trading?

For Swing Trade
Use the daily chart with 8, 21, 50 and 200 ema for big picture
Use the 60 minutes chart to time entry and exit --- 5/21 ema crossover

Optional:
Can use 30 minutes chart --- 5/21 crossover as an early warning mehanism.


Day Trade
Use the 5 and/or 15 minutes chart with 10 ema --- Price/10 ema crossover






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