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Old 08-29-2006, 02:53 PM
nesalc nesalc is offline
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Join Date: Jan 2006
Location: South Africa
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ema's

Hi

I agree with radicalmoses that ema's are lagging, but I found the 14ema and the 34 ema helpful to determine the strenght of the trend. If price keep closing above the ema 14; it is a strong up trend and visa versa for down trend.

The other observation that I made today is when the 20ema channel stays between the 14 and 34 ema's, with 14 ema on top and 34 ema below the channel, it shows a strong up trend.

Happy trading

nesalc
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