#DayTradingStrategy An effective trading strategy is the "Mini-POC Level Test" which uses market profile to identify key support and resistance levels. This strategy is based on identifying the transition of supply-demand equilibrium from zone A to zone B and then looking for mini-POCs (points of control) in the price trajectory between these zones.
*How it works:*
- The market profile is used to find the transition of supply-demand equilibrium.
- Mini-POCs are identified along the price trajectory.
- The price is waited to test the mini-POC level.
- Confirmation is received through indicators such as Delta in lower time frames.
- A position is entered with a stop loss and take profit.
*Advantages:*
- Allows trading in favor of the main trend.
- Works across different time frames and markets.
- Possibility to use confirmation signals.
*Disadvantages:*
- Does not guarantee profits.
- There may be mini-POC level tests without positive results.
Another popular strategy is the exponential moving averages (EMA) with periods of 5, 8, 13, and 21. This strategy involves ¹:
- Identifying trends using EMA.
- Evaluating the strength of the trend.
- Finding entry and exit points.
*Setup:*
- Recommended markets: Forex, indices, precious metals.
- Recommended time frames: any time frame.
- Recommended market sessions: avoid sessions with low volatility.