Profitable Intraday Trading Strategy: Engulfing Pattern + RSI + EMA

In today's video, I tried to show you an intraday strategy that you can use while trading small timeframes. I hope you will enjoy it #rsi #engulfingpattern #ema #daytradingstrategy

If you have any questions please leave a comment.
Also, please leave a comment about any video you want me to make.

THIS IS NOT INVESTMENT ADVICE. I am not a financial advisor, videos in this channel are just for educational purposes.

[financial]

Great video. One possible improvement might be to avoid long positions if the rsi goes over 80; or short positions if rsi goes below 20. I would also be interested to see if 70/30 would make much of a difference compared to 80/20 when avoiding over bought and oversold spots.

[amirmoezi]

Thanks a million for your invaluable content.. it is amazing

[MohsinKhan-lqwu]

Thank you for sharing. Always waiting for your new videos with amazing strategies.

[swarnava]

Thanks a lot for your video, I am looking how to trade CFDs

[ItsMeHaider]

Kindly make a video on trading view screener... How to choose a coin to trade in 5m timeframe

[abid]

Very informative,
Thank you very much, thumbs up 👍 👍👍
And subscribed

[annr]

Great video.. thank you very much Sir🙏

[Anandh]

Thanks for sharing this video.Very much informative. Even though i selected like you said, I couldn't able to see the bearish or bulling long bars like you shown in the video. It doesn't appear for me. Is these engulfing indicators are free in trading view or paid one?

[nsh]

Thank you very much
What percentage of risk do you think we should consider for each scalp?

[info_chris]

I have a question about butterfly spreads and volatility trades. Would love to hear back from you. Thanks.

[saimanojkumar]

Do a more and more videos about intraday trading

[tasos]

Thank you very much! I'll backtest it and share the results! What winning ratio approximately should I expect with a 2:1 R/R?

[manicmike]

200 period is the same thing as 200 day right? If so, isn't 200 days way too long for intraday trading?

[DonaMona]

I have same trading platfom like you but I miss a lot of buttons there you showing. :/

[futurezone]

Thanks for this great video. You believe that the use of RSI is as a trending zone, bullish over 50, bearish under 50. Not just as overbought and oversold area?

[jozeftkac]

Isnt good to look fór engulfing candle maybe on bullish after minimum 3red candles ? And in bearish after minimum 3 Green candles ? Ofc with 200ema conditions .

[mehedihasan-uzfc]

can you tell me please which trading platform you use?

[navketan]

When trading with fractals, should trader flip charts, 15M, 1H, 4H, D1, all at once & see where support & resistance IS as shown by fractals on each frame--and if if it fits close to top/bottom of daily ADR, take that trade. Now 15M fractal level may not be robust(strength wise) enough--but 1H fractal is because to form 1H fractal, market could not penetrate THAT LEVEL IN 5 CANDLES WHICH IS 5 HOURS--and that is lot of data(strength).AND fractal on 1H chart is not just one man talking but line (support/resistance) drawn by millions of traders in those 5 hours. Just act on 1H fractal--and trade be in the direction of 4H/daily trend. I seek your wisdom ?

[shardulganvir]

Thank you Sir.
What is the use of applying candlestick pattern indicator when we r not using it?

[safimansoor]

Can i use 30minutes time frame? Or 1 hour is must for this strategy?