If half the traders use the EMA and the other half SMA. How do we know which to use? Seems like it wont be consistent at all. I hate that there are multiple kinds.
i personally like to use the EMA but to be honest the SMA and EMA both give a similar close enough signal. More than the actual Moving Average, you need to be watching how price acts as it approaches the MAs. Look at where i entered the NETL trade today. NETL was tryign to carve out a low on the MA.
If half the traders use the EMA and the other half SMA. How do we know which to use? Seems like it wont be consistent at all. I hate that there are multiple kinds.
ReplyDeletei personally like to use the EMA but to be honest the SMA and EMA both give a similar close enough signal. More than the actual Moving Average, you need to be watching how price acts as it approaches the MAs. Look at where i entered the NETL trade today. NETL was tryign to carve out a low on the MA.
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