I just learned a pretty good combo by combining EMA 34 with EMA 89 and Price Action. Actually, this method helps me avoid many meaningless losing trades.

Basically, EMA 34 is used to catch short-term trends, while EMA 89 is the long-term moving average. When EMA 34 is above EMA 89, the market is trending up; conversely, if EMA 34 is below, the trend is down. I only trade in the main trend direction, not against the market because that’s the fastest way to lose money.

The best part is when the price pulls back near EMA 34 or EMA 89, I wait for Price Action signals like Pin Bar or Inside Bar to appear. These candlestick patterns act as confirmations, helping me know the best entry points. For example, in an uptrend, if the price touches EMA 34 and forms a bullish Pin Bar, that’s a pretty reliable buy signal.

Regarding risk management, I place the Stop Loss below the low of the Pin Bar (for buy orders) or above the high (for sell orders). Take Profit is based on the R:R ratio, usually 1:2 or 1:3 depending on the next resistance level.

A few things to note: don’t enter trades when the market is sideways, as EMA 34 and EMA 89 will be flat and easily misleading. I only trade on higher timeframes like H4 or D1 because there’s much less noise. Most importantly, be patient and wait for clear signals; don’t rush into trades.

This combo of EMA 34, EMA 89, and Price Action is really effective if you know how to use it. I’ve tested it on EUR/USD and other pairs, and the results are quite consistent. The key is to practice recognizing candlestick patterns accurately and patiently wait for truly clear signals.