DislikedHi TEB,
When you say that you are watching the 800 ema & the 3200 ema
for angle and separation ...what exactly are you looking for in them?
Thanks,
RobIgnored
well in this case..
Both the 800 ema (which is the 200ema on the 1 hour chart)
& the 3200 ema (which is the 200 ema on the 4 hour chart) are flat
so there are little or no trend in the 1hour and 4 time frames.
we would like the 800 ema to be pulling away from the 3200 ema.
and both pointed in the direction of our trade.
so we would like all 3 emas pointing up in an up trade - the 200 is not so important.
(opp in a down trend)
I hope that all makes sence
TEB