Saturday, August 29th, 2015 Snir Yamin
Hey guy, It’s Snir Yamin from Mike’s Facebook Signals Group and today I’m going to cover a new pattern that I recently started to use, I called it EMA’s Trend Following Trading Pattern. Let’s jump straight to business, no time for fluff! To apply this pattern we are using the following indicators:
1) 365 EMA (Blue line)
2) 180 EMA (Red line)
We’re using the above indicators to identify the overall long-term trend of the current asset that we’re looking to trade. When the 180 EMA is above the 365 EMA, it means that the asset is currently up trending. When the 180 EMA is below the 365 EMA it means that the asset is currently down trending. The first step in this trading pattern is to find an asset that the above EMA’s are pointing the same direction on different time frame: 5 Min, 15 Min and the 30 Min. This means that we’re looking to find an asset that on the above time frames, the EMA’s are pointing the same direction and showing the same trend.
See the example below of GBP/USD on the 5/15/30 min chart. On all time frames the EMA’s are pointing downwards:
Once found, we’re going to switch over to the 1 min chart to find possible entry places. We will then wait for the price action to cross above the EMA’s on a downtrend or below the EMA’s on an uptrend. Then, our entry point will be the first candle that will close back below or above the 365 EMA (depends on the direction of the trend, see examples below).
The Expiration time should be set on 1 or 2 hours, remember that we’re trading long-term vs 5,10,15 minute expries using this trading pattern. For more information I welcome you to also visit my YouTube illustration:
Using this trading pattern, I managed to ITM over 80% for Mike’s FB Signals Group in the last few days. I am proud to be a leading admin and will be glad to take any questions from anyone who is interested to learn about my EMA’s trend trading pattern for binary options. You may comment below this article, on YouTube or do the right thing and join our group. We share a lot of information with our traders for free without charging money for education and our ITM rate is very competitive in comparison to leading binary options signals services. Thank you for taking the time to learn about my high ITM, EMA’s Trend Following trading pattern.