How to avoid Trading Traps

[@krel4115]

my mind opened up.. been watching you 10 ema vids.. do you have a playlist about the 10 ema.. i want to master it

[@Drkidgell]

sooo good! love this trading strategy! It has helped my trading!

[@jsh111]

Have you used it a lot? I'm going to have to go back test it, but I love the simplicity of it

[@Drkidgell]

@@jsh111 not a lot since I've only known about it for a couple months but it's a rule in my plan now! Thanks to RLT. Lmk what you think!

[@RealLifeTrading]

:)

[@elliott1289]

Another really good "arrow in the quiver", thank you!

[@RealLifeTrading]

DOPE SAUCE

[@elliott1289]

@@RealLifeTrading 🤑

[@elwoodpalmer720]

I really like that 10 ema and the set up rules that go with it, it is extremely effective

[@RealLifeTrading]

:)

[@realvirtualdemand4222]

great strategy like always....can't wait for the free week!!

[@RealLifeTrading]

:)

[@scottnewkirk485]

Excellent! Thank you for the clarification:).

[@RealLifeTrading]

MY PLEASURE

[@duncans6263]

Is there a video or class in your modules teaching the 10ema strategy? I haven’t come across it yet.

[@Drkidgell]

kzbin.info/www/bejne/qaPUlWRqoL2seNE

[@duncans6263]

@@Drkidgell Thank you 😊

[@RealLifeTrading]

:

[@Traderahamed]

Nice video bro ,this strategy may work in heikin ashi candle and combine with ema 50 or 200 its shows over all short and long term trend so its minimize the falls ? Friend?

[@RealLifeTrading]

thanks for the comment

[@dustinl4605]

Great stuff! With your help I was able to end the week up 5.19R!

[@RealLifeTrading]

YES!!!!!!!! DUSTIN!!! WELL DONE my guy! Truly incredible!

[@mikesimmel5913]

Really like the simplicity of this strategy. I am probably over thinking this but have a question about the reference to the close of the first bear candle above the 10 ema. Is the first defined as the first bear candle close above the 10 ema after there have been several bull closes below the 10?

[@RealLifeTrading]

Is the first defined as the first bear candle close above the 10 ema after there have been several bull closes below the 10? *Exactly* Watch this video kzbin.info/www/bejne/oHOrnqp9ppiCbq8

[@set1896]

question - i appreciate this may be more art than science but in this example on the bullish trade, why did you put your stop below the bearish candle rather than below the prior bullish candle? is it because either stop would be below the 10EMA and in this case you just prefer a tighter stop?

[@RealLifeTrading]

@@set1896 correct. Just preference tighter stop

[@LeonardScarnato]

Hello. So as far as a setup you aren't waiting for the stock to break yesterdays high or low? Just looking for the first candle above or below the 10ema? Thanks

[@RealLifeTrading]

@@LeonardScarnato Well this was just practice. I do wait for The stock to move past the prior HOD or LOD. And then it’s tradable

[@LeonardScarnato]

@@RealLifeTrading Thank you for the clarification.

[@DaveMcCammon]

Hey do you normally trade these using stocks or options? If options what type do you use?

[@RealLifeTrading]

I always prefer stock. It’s so much easier :)

[@Alon_Levin]

Why are you looking for a bear candle closing above the EMA (when going Bullish) and not a bull candle breakout? To protect yourself from the retest?

[@RealLifeTrading]

yes. trapped bears cause more buying. and waiting prevents losing from getting in too aggressively

[@vishalthefirst4140]

I use 20 ema and 50 ema on 3 minutes or 5 minutes time-frame. Significantly reduced my false breakout trades in intraday.

[@RealLifeTrading]

::

[@Super1test]

not in every trends

[@RealLifeTrading]

:)