5-8-13 EMA FOR INTRADAY
TIME FRAME SUGGESTED: 15 MIN
Buy Trading Plan:
1. Buy when the yellow line crosses up with the blue line
2. Best to buy when all the line pink, blue & yellow meet and crosses up
Sell Trading Plan:
1. Sell when the yellow line crosses below the blue line
Notes:
Pink Line ( EMA 13): Long term
Blue Line ( EMA 8): Midterm
Yellow Line (EMA 5): Short term
When the arrangement of the lines in a sequence of bottom pink, middle blue & top is yellow hence the stock consider as in the uptrend
When the arrangement of the lines in a sequence of top pink, middle blue & bottom is yellow hence the stock consider as in the downtrend
Hold the stocks when the lines in this sequences;
Top = Yellow
Middle = Blue
Bottom = Pink
*Just ride the trend until it bends