Anchor Guide – EMA 21, 100 & 200

~ Forex Trader

Trading is patience.  Trading is waiting.

Anchor guide is use of an indicator at all times.  For me it’s the 21 EMA paired with 100 and 200 EMA.  The anchor is 21 EMA.  The 100 and 200 is used to support and confirm strength of 21 EMA as a trend guide.

  • Use 21 EMA to show strength of trend bias
  • Use 21 EMA as entry and exist levels
  • Use all three to determine if short, medium or long term trend

Flat EMA 21 100 200

Strongest trend when all three are in alignment.  This in itself is not enough for entry but enough to suggest to NOT trade against it.

 

Published by Forex Trader

Price action trading, drawing horizontal lines and a couple of indicators, to qualify highs and lows, on 1 hour and daily charts to buy low and sell high, for low risk profitable trades.