ES 1-21-09
Hi Maria,
In this chart EMA 3 is blue (fast)
EMA9 is red (slow)
This is a crossover strategy.
I have added KB's EMA54 in magenta.
EMA54 confirms the crossover.
Even if EMA9 crossover to EMA3 and yet still under EMA54, It is still safe to short. Vice versa for going long. But this EMA54 is a confirmation of KB's phrase, "banging on that 1 min average"
In this chart EMA 3 is blue (fast)
EMA9 is red (slow)
This is a crossover strategy.
I have added KB's EMA54 in magenta.
EMA54 confirms the crossover.
Even if EMA9 crossover to EMA3 and yet still under EMA54, It is still safe to short. Vice versa for going long. But this EMA54 is a confirmation of KB's phrase, "banging on that 1 min average"
TY Alfa. I think I understand it.
In RTH what is the lag of 3EMA.i.e. how many ticks ahead is the market when the cross oover occures and where is the exit??
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