Hey Shooting star,I trade on weekly and daily timeframe the...

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    Hey Shooting star,
    I trade on weekly and daily timeframe the 20sma, 34ema, 50sma and 200sma ( In a down trend they will be in this order 200sma , 50sma, 34ema, 20ema. then turn up and at a point of high confluence and reverse order)
    Watch for the golden cross of the 50 sma rising above the 200sma.
    For my entry at a lower time frame, usually 1 min for entry and 5 min for exits, I keep an eye on the 4 and 8 ema ( 2 and 6 if you are trading with HA )
    when the 4 crosses above the 8 I'm in.
    Price will always pull back to the T line ( the 8 ema)
    I keep an eye on the slow stoch. RSI (Oversold/overbought)
    and the MACD.
    Remember these are all lagging indicators, learn to follow price action and as Gypaetus mentioned support and resistance are your friend, Go through all the time frames and mark them on....in different colours for different time frames. Along with Supply and demand levels.
 
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