@starxdazai
Trading strategies I use to take trades:-
1. Break and Retest :- Simplest one. When the price breaks a Lower High or Lower Low or Higher High or Higher Low, it'll come back to retest the last High or Low respectively. Trade is active when the price is rejecting the old high or low.
2. Trendline Breakout :- Draw a trendline with atleast 3 touches on the trendline (wicks more preferred). When the price breaks above or below the trendline and retests the trendline, trade is active.
3. Order Block:- When the price shoots up or down with big green or red candles respectively، the price will always tend to come back and retest/touch the Order Block, i.e the last candle before the breakout and it'll reject from there. Trade is active only when the price rejects the Order Block. Also FVGs are needed for confirmation of an Order Block.
200 EMA is used to increase the probability of my trading strategy, it is not a trading strategy.
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