π The Ribbon Trading Strategy involves using three exponential moving averages (EMA) on TradingView.com.
π It is important to note that this strategy does not guarantee 100% success and should be tested with demo or virtual trading before using real money.
π When implementing this strategy, it is advised to use small amounts of money and set stop losses to minimize potential losses.
π The Ribbon Trading Strategy involves using three exponential moving averages (EMAs) - 5, 8, and 13 period EMAs.
β±οΈ The strategy can be tested on different time frames, such as one minute, two minutes, three minutes, five minutes, or daily candles.
π° Before taking a long position, it is important to wait for two specific conditions to be met.
π For the Ribbon Trading Strategy, a candle must go above all three moving averages to be bullish.
π Closing above all three moving averages provides extra confirmation for a bullish signal.
π The three moving averages must be in the correct order for the Ribbon Trading Strategy to be effective.
π― The ribbon trading strategy involves using three Exponential Moving Averages (EMA) in a specific order: 5 EMA above 8 EMA above 13 EMA.
π To validate the order, there should be visible space between each EMA, indicating that they are in the correct sequence.
β When a candle closes above and is higher than all three EMAs, it confirms the correct trading setup.
π The Ribbon Trading Strategy involves using three exponential moving averages (EMA) - 5, 8, and 13 - and observing their order on top of a candle.
π To enter a trade, the EMAs must be in the correct order from top to bottom. If the candle goes below all three EMAs or if the order is disrupted, it is recommended to exit the position for safety.
β±οΈ Once the EMAs are back in the right order and the candle is above all three, it is an opportunity to re-enter the trade.
π The Ribbon Trading Strategy involves using three lines to determine entry and exit points.
β³ When using this strategy, it is important to wait for two specific rules to be broken before getting out and waiting for the next opportunity.
π° Although the Ribbon Trading Strategy is not foolproof, it can be a simple and low-cost approach to trading that minimizes commission costs.
π The ribbon trading strategy involves using three exponential moving averages (EMAs).
π Coaching and further help is available for those who want to learn more about this strategy.
π Thank you for watching and listening.
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