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5 min 20/200 setup/strategy

 
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joebass11

5 min 20/200 setup/strategy

Here is a setup that works usually pretty well on  a 5 minute chart....

Sell when the 20 ema crosses down to below the 200 SMA and price forms a pivot at or above the 200 SMA . Usually it will present other shorting opportunities when price retraces back up to the 20 ema.  

 

Joe 

Sun, 12/02/2018 - 12:34pm
 
kelyles

This is a nice, basic strategy. Joe, thanks for sharing! -Kim

 
jfk583

Thant is great, i have similar one 21EMA, and 50 SMA for 5 minute chart.

 
burton

always a fan of simple.