frtaylor - I think you are asking about why is the 20/50 EMA on
XHB daily chart that I showed last week along with the other sector
charts? Generally on the daily charts I add SMS's 20,50,
except for the 9 EMA. Steve made those sector charts and
added the 20/50 EMA's. Honestly I wouldn't worry about that,
I don't think it he meant that as technically significant, we use
20/50 EMA's on 60 min charts, perhaps he made that from a 60 min
chart originally, who knows
frtaylor - I think you
trade ideas follow up
Posted by matt on 31st of Jul 2012 at 12:49 pm
frtaylor - I think you are asking about why is the 20/50 EMA on XHB daily chart that I showed last week along with the other sector charts? Generally on the daily charts I add SMS's 20,50, except for the 9 EMA. Steve made those sector charts and added the 20/50 EMA's. Honestly I wouldn't worry about that, I don't think it he meant that as technically significant, we use 20/50 EMA's on 60 min charts, perhaps he made that from a 60 min chart originally, who knows
Thanks. Was just curious.
Posted by frtaylor on 31st of Jul 2012 at 01:34 pm
Thanks. Was just curious.