Its amazing how you think an ema is going to cross for a trend change or a diversion in the trend. Times when I think it crossed, when it actually has not fully crossed. At what point (time frame) could you consider the crossing of ema's and ma's has set in place. For instance 15 min candle. Would you have to wait for a 2nd candle to completely form to confirm the ema and ma crossover. And who knows by the time the 3r d or 4th candle has formed on the 15 min chart it could very well have just proven it to be a fake out.
How can you confirm 100% change in trend. What time frame is used for confirmation as we all know 15 minute chart just wont cut it. Do you use Daily charts to confirm a trend? Sometimes I use 4 hour charts and I use a swing high/swing low scenario on 4 hour chart giving me 3 candles for confirmation.
How can you confirm 100% change in trend. What time frame is used for confirmation as we all know 15 minute chart just wont cut it. Do you use Daily charts to confirm a trend? Sometimes I use 4 hour charts and I use a swing high/swing low scenario on 4 hour chart giving me 3 candles for confirmation.
Know when to hold em, Know when to fold em!