What is “price movement” and what is “price action”?
Exponential Moving Average (EMA) Explained
This page says SMA gives spikes.
Simple vs. Exponential Moving Averages
This page says EMA gives spikes.
What gives?
Also, spikes are sudden price movements, correct?
What are fake outs?
I don’t understand how past close prices can determine trend direction…is this sentimental analysis since we are looking at what traders are doing and basing direction off of that
Okay.
SMA are susceptible to spikes but they eliminate fake-outs. Aren’t they the same thing?