Yes, the same method can be used on a long trade. You simply need to see the same price action formation leading up to the ema's. ideally they will also line up with a pivot point as well but the methodology and the targets are the same for long or short.
Really good video, Chris. Can this be used on other candles other than 2 hours?
TolvanenGuitars 1 year ago
@TolvanenGuitars
Yes, you can use this on the 4hr and daily which it works really well on. Also with the 1hr but it takes more skill and qualification
Chris Capre
SecondSkies 1 year ago
really cool video
drfrankm 1 year ago
is the trade consistent ?
ndtv501 1 year ago
@ndtv501
Hello NDTV501,
With the right qualifiers, the trade is very consistent and has a low risk - high reward ratio.
As you can also see in the video, the trade hit my final target as suggested.
Chris Capre
SecondSkies 1 year ago
@SecondSkies thanks for a quick response when u see qualifiers can explain more on it.
can a long trade be also done on same methodology , if yes can explain on similar manner
ndtv501 1 year ago
@ndtv501
Yes, the same method can be used on a long trade. You simply need to see the same price action formation leading up to the ema's. ideally they will also line up with a pivot point as well but the methodology and the targets are the same for long or short.
Chris Capre
SecondSkies 1 year ago