The Floor Trader Strategy


This strategy uses two exponential moving averages: EMA 9 and EMA 18. If at least one of them spikes up and the candlesticks have been above the both moving average lines, price is trending up and you wait for a retracement down towards the EMA's to take a call option.
You should use price action to get better entries, trendlines, support and resistance lines and pattern recognition for example.