http://rapidforex.com explains how to use 2 ema's and candlestick charts to exit a trade early for a profit near the peak of price movement early.
Taking profits early is crucial for successful forex trading. This video is part of a series of technical analysis tips videos provided by rapid forex for online forex trading success.
@TheFOREXgroupLLC Those EMAS weren't used in the video...Of course the EMA is a lagging indicator, but it's still useful. We can only use what happened in the past to try to come up with an educated guess about what to do. Nobody can predict the future, but we can guess well ;)
RapidForexBlog 1 month ago
@GoodBoyFx, EVERY indicator lags. Setting your 55EMA and 200SMA will still have a lag! Just saying!
TheFOREXgroupLLC 5 months ago