Hi,
Does any one use a 55/100 EMA cross system. If you zoom out on a daily chart and look at the long term trend it seem to be pretty relieable as long as it doesn't cross the 100 EMA. It looks like the prices seem to hit the 55 EMA bounce off and continue in the trend direction, unless it 55 crosses the 100 EMA. It seems simple but profitable.
Thanks
Rich
Does any one use a 55/100 EMA cross system. If you zoom out on a daily chart and look at the long term trend it seem to be pretty relieable as long as it doesn't cross the 100 EMA. It looks like the prices seem to hit the 55 EMA bounce off and continue in the trend direction, unless it 55 crosses the 100 EMA. It seems simple but profitable.
Thanks
Rich