There really isn't. There's a lot on your screen but you're not using them all for entry. Most of the time you can ignore the Central Pivot once it's hit. Today was a good example of this ( 11/16/20) Nas100 was on a tear all night and all morning. But once the market opened , price felt the need to hit central pivot before doing anything else. After that the 200EMA was in charge. Like I say ; The EMA's mostly show you how far out of range things are. The 50 EMA, (at Least today), was a lot like VWAP. As price drifted farther and farther away from it, the great the chance was that it was coming back to it. Really the 2 main things to watch for entry is Stochastic and T.D.I. . You'll soon learn a pattern for entry. Then add Price Action and you have your 3 conformation for an entry. I don't look at EMA crosses but I might have to. I don't like the EMA crossing pattern because it can cross right back over. And if you go by the play book, you're suppose to wait for a confirmation candle before entering. On a 5 min. chart, by the time THAT candle closes the trade could be over. I hope this helps. BTW: I made $2800 today.
Great Video btw 👍🏻
Too much confusion with those indicators 😫😫
There really isn't. There's a lot on your screen but you're not using them all for entry. Most of the time you can ignore the Central Pivot once it's hit. Today was a good example of this ( 11/16/20) Nas100 was on a tear all night and all morning. But once the market opened , price felt the need to hit central pivot before doing anything else. After that the 200EMA was in charge.
Like I say ; The EMA's mostly show you how far out of range things are. The 50 EMA, (at Least today), was a lot like VWAP. As price drifted farther and farther away from it, the great the chance was that it was coming back to it.
Really the 2 main things to watch for entry is Stochastic and T.D.I. . You'll soon learn a pattern for entry. Then add Price Action and you have your 3 conformation for an entry.
I don't look at EMA crosses but I might have to. I don't like the EMA crossing pattern because it can cross right back over. And if you go by the play book, you're suppose to wait for a confirmation candle before entering. On a 5 min. chart, by the time THAT candle closes the trade could be over.
I hope this helps.
BTW: I made $2800 today.