#DayTradingStrategy
**Strategy: EMA Pullback Scalp (Intraday)**
1. **Instrument & Timeframe:** Trade liquid stocks/index futures on the 5-minute chart.
2. **Setup:** Identify strong trend using 20-period EMA. Price must pull back *to* or *slightly through* the 20 EMA.
3. **Entry Trigger:** Enter on the first strong candle *closing* back in the trend direction (above EMA for uptrend, below for downtrend). Volume increase confirms.
4. **Stop Loss:** Place immediately below/above the swing low/high formed during the pullback.
5. **Profit Target:** Aim for 1:3 Risk/Reward ratio. Exit at the first sign of hesitation (e.g., long upper wick, declining volume) or predefined resistance/support.
6. **Risk Management:** Risk ≤ 1% of capital per trade. Exit all positions before market close. Avoid major news events.