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Old 10-23-2008, 03:35 PM
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PIP CHASER PIP CHASER is offline
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Join Date: Nov 2007
Posts: 123
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Quote:
Originally Posted by rykookyr View Post
Looking at your screen shot and assuming the arrows are your entries/exits (correct me if I am wrong), you are taking longs when the 5ema is below the 50ema. According to your rules shouldn't you only be taking shorts until the 5ema goes above the 50ema?
That is an EMA crossover indicator. It is not needed. I use it only as a visual aid. Signals are not based on it. Good observation though on the chart.
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