DislikedHello everyone. Can someone tell me what eelfranz used the 5-EMA for? I can't find the answer. Thanks.Ignored
@daesrd
This is your first post in more than 10 years. Welcome to Trading Made Simple.
When I first started many years ago, I followed the OP' post #12,912. I read, re-read, and re-read, ... his posts many times and have taken notes of each and every post.
About the 5EMA, Typical Price, Shift+2 aka the yellow line
post #261
5EMA is for direction.
post #1718
5EMA pointing in the 12-2 and 4-6 slope would be a bonus...
post #3418
PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close.
there are many more posts on how to use the 5EMA, Typical Price, Shift+2.
you just need to find time to read, study and take notes on your own.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett