Easy 5-minute Trading Strategy for Beginners: Stochastic + Double EMA

We will use just 2 exponential moving averages and the Stochastic oscillator in today's strategy. This super-easy 5-minute day trading strategy will be a great fit for you if you are new to trading. You can easily practice your risk management & trading psychology skills with this strategy without using many indicators.
Sorry for not uploading content as much as I used to do. It has been a few crazy months recently. I will be back with consistent content hopefully.
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If you have any questions please leave a comment.
Also, please leave a comment about any video you want me to make.
THIS IS NOT INVESTMENT ADVICE. I am not a financial advisor, videos in this channel are just for educational purposes.

[@kevingroves9600]

I use a scalping strategy similar with different settings in my demo for 6 months and has made great profit so far I going to take it live some. I use the 5 MA and the 50 MA and my Stochastic is set to 533 on the 5 or 3 minutes charts. I think I will add the 200 ema as well watching this and test it out with my strategy. This is my first real strategy setup I have used and always look to improve it as I learn. Nice video for us newer folks.

[@BOSGIRL617]

I love your videos. They demonstrate perfectly how uncomplicated
trading really is. People get lost in too many indicators and end up with analysis paralysis etc etc. Anyone can make money trading by following a simple strategy and being consistent. These strategies are all great! Thank you 🙏

[@jaysuds5724]

Great video and well explained. Been testing a similar strategy with the EMA's running a 50 and 150 on the 1minute timeframe. Will try yours out too! Thanks

[@Sol-xp3gu]

As usual, your videos are always useful to watch! straight to the point! keep the good work guys. respect

[@TradingJournal1]

Cheers! Great to hear that

[@chidiayoanasonye9243]

@@TradingJournal1 Am new and got interested when i stumbled into your video looking for what i felt could be possible. Your video explained it all but plz could you put me through on the indicators settings cos i didn't get it watching from my phone . Thumbs up boss

[@JPM1989]

Your videos are awesome 👍
Hope you will keep your channel active

[@matteocarrera2237]

Amazing video , I have a question , this strategy work only in forex or on the SPY either ? thank you

[@tochianokwuru9838]

Bro
Id like to say thank you I'm feeling the effects of this immediately
God bless you

[@LearnMore288]

Great videos! Thx

[@aerovisiontv9276]

Great Information and Excellent Strategy

[@pedrodacuycoy2007]

can you be more specific as to what currencies or crypto currencies best suit your strategies or can you make more strategy videos on every currencies, as strategy differs in every currency or crypto...thanks

[@Scalpers.united]

does this one work better then the 1min chart strategy with the ema's?

[@cryptochannel329]

Awesome. Thanks.
#LetsGetThatKryptoPaper

[@bell6752]

Hi this strategy work on binance future?

[@luthergorkova737]

I used a similar strategy. Not the most profitable one for me but yeah if you are new, it is great to practise

[@TradingJournal1]

Exactly! But still has a positive win-rate

[@melihkanat7842]

This strategy is the most effective low time frame strategy so far. I wonder; can we conbine this with RSI divergence ? Have any suggesting about RSI div. indicator ? I couldn't find any effective RSI div. indicator.

[@TradingJournal1]

Great question! Actually you can combine any pullback strategy with RSI divergence and it is really smart to do so! Please check out my video about divergences.

[@vanamalivenkat]

Very good one

[@TradingJournal1]

Thank you! Cheers!

[@minalm1959]

can u tell me which strategy is good for trading crude oil and what time frame

[@TradingJournal1]

I prefer trading commodities on 4h candles. Considering only price action & news

[@goatas0]

Hello, can i use 25 50 100 ema scalping strategy with 5mim time frame?

[@TradingJournal1]

Yes you can, but only after backtesting it first :)

[@mehedihasan-uz4fc]

can you tell me which trading platform you use?

[@TradingJournal1]

For TA, I use tradingview. For trading, I use multiple platforms since I trade crypto, stocks & forex

[@Aries82071094]

Can u please upload more videos non swing trades ..for a newbie

[@TradingJournal1]

I try my best mate!

[@cahyosupriyanto-8827]

how if stocastic never cross over bought nor oversell,it is okay if we entry the market?

[@TradingJournal1]

if they do not cross levels, we will avoid opening a position in this strategy

[@cahyosupriyanto-8827]

thanks

[@davidwiner2970]

👍👌👌🌺

[@ashleyf96ify]

Can you make a strategy for commodity ?

[@TradingJournal1]

Actually most of my strategies can be used with commodities after backtesting

[@telegramkatie8361]

THANKS ☝☝👆👆After watching so many RUclips tutorial videos about trading I was still losing.