“Quotex Trading”
“Only 3 Trading Indicators”
“Exponential Moving Averages”
Identifying and capitalizing on Quotex quick reversals can significantly enhance your trading strategy. One best trading method is utilizing three exponential moving averages (EMAs) in the Quotex platform.
We will trade into the concept of quick 1 minute reversals and how we can effectively use the 3 EMAs to improve your trading decisions.
Whether a beginner or an experienced trader, this method will provide valuable insights to help you find the best spots in Quotex Chart.
Before we share this strategy to you, it is crucial to grasp the concept of reversals in binary trading. Quick reversals refer to sudden shifts in price direction, often occurring within short time frames such as one minute. These reversals can present lucrative opportunities for traders who can identify them early as possible and take advantage of the fluctuation of price movements.
Here are the main purposes of each exponential moving averages.
These EMA indicators with their respective periods of 12, 32, and 60, form the unique market analysis trading with Quotex on a 1 minute duration.
The first indicator with a 12-period setting. It provides a fast and reactive tool that follows price movements closely, allowing traders to take advantage of rapid market shifts.
The second indicator is set at 32 periods. This indicator smoothes out some short-term volatility associated with the 12-period indicator, providing a more balanced view of quotex platform trends.
The 60-period caters to long-term traders. It provides a broad overview of market conditions, helping to identify major trends that occur over extended periods. This indicator is perfect for those who prefer to hold positions for longer, offering a comprehensive perspective on market trends.
To trade Quotex for one minute using the three EMA lines, we first, need to identify the best quotex currencies that are likely to yield higher profits.
It is advisable to focus on a balanced market flow. To do this, we need to scrutinize each 3 EMA lines closely.
When the 3 lines are distant and aligned with each other, there’s a high chance that the trend will go reverse. Just like the picture below.
Consequently, we see that the 12 EMA crossed the 32 EMA. A high probability to win while our current market price is already at the 60 EMA. This arrangement is an excellent starting point and a one-minute trade that can lead to profitable results.
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