To observe the movement of the market, we plan different types of EMAs or strategies. According to that, we plan long and short. Now, in long and short, important things come in that when we have to hit the entry, when we have to hit the exit, and what is our stop-loss going to be. I am going to help you on these three things in today's video. When you will hit the entry, what will be your stop-loss, and according to that, what should be your exit point. You will learn all these three things if you have seen today's video. And in this video, not only one type of thing, I will also tell you about scalping. There is a different strategy for that too. And along with that, if you want to continue swing trades, then I also have a strategy for swing trading. So, I am going to talk about both of these. So, I would definitely like you to watch the video till the end so that you can be sure about your entry, exit, and target when you are setting a trading plan. I hope you will like the video. Yes, welcome back to my channel guys. This is Budhil Vyasana. I hope you all are doing well. Stay healthy, stay happy. So, the first thing that we are noticing here is that we have opened the Ethereum chart. The important thing is that our time frame should be very short for scalping. We have started discussing about scalping. It is a 5-minute chart. We will go inside the indicators and use only RSI for scalping. You will apply RSI here. You have applied RSI. Relative strength index will be visible here. Apply it. And you will see RSI just like this in the box below. Now, there are some settings of RSI that we have to do. So, we will go inside the settings and change some things here. First of all, we will go inside the style. Upper band, middle band, and lower band. We will make changes in this. Middle band means the dot line coming in the RSI sector. We are going to remove this. We have removed the middle band. RSI which is given 70, by default we are going to make it 60. After that, we will see the lower band. We are going to make the lower band 40. After that, we will go inside the inputs. We will keep RSI length 15 in the inputs. Moving average type EMA. Whatever is your length here, make it 15. Moving average length of EMA is also going to be 15 here. As soon as you apply these changes, your chart will look like this. Now, we can work on RSI here. It is a very simple method. Whenever you apply moving average in RSI, Look at the RSI line going inside. In which range? In 40 to 60. The line is entering from here in 40. Then you can make an entry. This is the point where you are looking. Like this is the point for you. You will try to make an entry here. But we will wait for confirmation. And we will check whether our RSI line also enters inside. Yes, our RSI line has entered inside here. And both of these have already been crossed. Now, the yellow line is also inside. And our RSI line is also inside. That is, our entry is around this particular zone. This is the point where we are going to make an entry. This will be the point. Look carefully. Our entry is here at this point. This is the entry point. Now, when we make an entry, we will notice that What is going to be the lowest point of that particular zone? So, this is the point where the lowest point is visible. According to the old trend. So, this is our stop loss. This is our entry. Now, let's decide what the exit is going to be. Now, we will talk about the exit. So, notice here when it is happening that Your RSI and moving average. RSI will run according to overbought or oversold. There are only two things. But we have to decide things with moving average. Now, moving average. Either you should reach this 70 zone. That is, you should cross 60. Or it should be around 60. Our range is 60 to 40. It should be around 60. Or you should reach 70. Then you will notice things. When the RSI line is coming down again. After crossing, RSI comes down. And your EMA is falling upwards. This is the point where this scene is happening. See this. This is the point. At this point, you are seeing that Your RSI has come down. After crossing and it is running like this. But where did it cross? At this point. So, we will take confirmation. After one or two candle closings. And when we see this. Then we will notice that RSI will not go up again. We will exit at this point. That means you have taken profit from this particular point. This is the point at which you took profit. Now, you come back to this. And try to notice all these things again. So, when is this happening? See this area. Here, EMA is not nearby. So, we will ignore this point. Because EMA has never gone to this zone. When it has gone up. Then EMA is not nearby. So, we are ignoring all these calls. We are looking for such a point. When EMA is nearby. This is the point. Try to see carefully. This happened at this point. These two things happened at this particular point. Here we are able to take a point. That it crossed downwards. And it is trying to come inside. This is the point where exponential moving average and RSI have gone inside. This green candle is the confirmation for this shot. Now, we will take a shot here. Not up. Here. After the confirmation. Because manipulation can happen at any time. Then, where do we get the exit point? We get the exit point at this particular point. Try to see carefully. At this point. When it crossed and went upwards. And we saw the lowest point. Here we hit the exit. This green candle. After the confirmation. We will not be able to hit the exit at this low point. We will hit the exit here. Do try this strategy. And according to that. Comment and tell me. Did you understand this strategy or not? At the time of exit. We. The best point we will see. Where it is trying to cross and go inside. Or it is trying to come down from here. Then we will hit the exit. And at the time of entry. We will take confirmation. That these two lines have crossed and gone inside. Or else at that point. We will hit the entry. If you have understood things. Then definitely like it now. Now let's move on to the swing trading strategy. For swing trading. You are opening the bitcoin chart here. I have opened the 4 hours chart here. I have used two exponential moving averages. You will go inside the indicators. And by going inside the indicators. Exponential moving average. EMA. If you type EMA. Then you will see exponential moving average. You have to click twice. You have to add two exponential moving averages. As soon as you add. Here you will see. Exponential moving average. 11. You will go inside the settings. Go inside the settings. Check whether 11 is there or not. Nothing else is changing. You have to click ok. And you have to change the other one to EMA 50. You will use two exponential moving averages. And whenever there is a crossover. On this crossover. You will try to make an entry. As soon as there is a crossover. You make an entry. And check. How long does it go up again. And when does it go up. Which is your big one. Exponential moving average. Which is 50. Because the small one is 11. When does the market take support above 50. And it is taking support around this zone. Now here. Obviously. Because it is a swing trade. So we will wait here. To understand things. Here we had a crossover. And at this particular point. It took support again. So we will exit here. And we will make an entry here. This will be the point. Which will give us a good profit. In the long term. As it is a swing trade. And this. The thing. You try this. Now I will explain to you. When will it work. It is a very simple thing. The market is still in the uptrend. Whenever the market is in the uptrend. Then only try long trade. Don't try short trade. Because short trade. Will be manipulative. When the market is in the uptrend. When the market was in the low trend. At that time. Mostly only. Short trade was working. And at that time. We could only take short trade. Could not take long trade. These are the two things. Which you have to remember. You have to remember. That the trend in which the market will be. We will take only that type of call. In this particular. You have to take it as a swing trade. Obviously swing trade. Means it runs long. And market. We know that. If the market is running in the long run. And going upwards. So if. If we have to run the trade for a long time. Then obviously it will go upwards. So the fluctuation in the middle. We have to ignore that. So at that time. We will not open short trades. And market. As soon as confirmation. Is taken from here. After this trade. Here. Your long trade closes. That means. Long trades are working very well. Try these two indicators. How do you understand these two indicators. And how do you find them profitable. Do comment and tell. And if you like the video. Then do share it with your friends. So that they too. Learn something like this. And try it yourself. Until you try things yourself. For you. Perfect indicators. Or perfect setup. You will not be able to prepare yourself. You will always be better than others. I hope you liked the video. We will meet so soon. In a new video. Till then. Tata Baba. Have a nice day. Jai Hind. Jai Bharat. Outro Music.
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