Pls, this EMA thing is still very confusing to me, honestly.
I have read a couple of materials on different strategies using EMAs of various types.
It only gets me more confused. Whats the relevance of the different Moving Averages and whats the rationale behind having so many different types?
I need someone who has a VERY SOUND UNDERSTANDING of the subject.
As for me, i have always traded, and have been lucky so far, with the NEWS, MACD divergence and similar indicators.
Anyone out there who reasons with me?
I have read a couple of materials on different strategies using EMAs of various types.
It only gets me more confused. Whats the relevance of the different Moving Averages and whats the rationale behind having so many different types?
I need someone who has a VERY SOUND UNDERSTANDING of the subject.
As for me, i have always traded, and have been lucky so far, with the NEWS, MACD divergence and similar indicators.
Anyone out there who reasons with me?
Armstrong
Coming Up Strong.