Learning Corner: Super TA Method
🔧Tools to use:
🔹EMA21 (Moving Average)
🔹Trendline/HT/KC (Support/Resistance)
📊How to use:
🔸When the EMA21 starts to approach and compress the trendline/HT/KC, pay attention to the reaction of the candle.
🔸If the candle reacts and closes strongly above the trendline, it is a sign to start placing an order.
🔐Order management:
🔻Stop Loss (SL) will be placed right after the bottom/top structure.
Move SL when the profit reaches 0.5R or more.
🔻Take Profit (TP) is based on the old tops/bottoms from the past compared to.
⚠️Note:
🔺This method is most suitable for large time frames such as H4 and above.
🔺Choose currency pairs that are less affected by news and have high stability to optimize efficiency.
"In short, this is a very effective method that took me a long time to understand and simplify it for everyone"
