Technical Analysis

it's not crosses you dumbfuck, actually learn to read.

Fucking hell, you're speaking about slow-fast ema crossing, nigger.

>literally just put a EMA(5) and EMA(20) on any given intraday chart and buy/short at the EMA(20) whenever price gets there and the EMA(5) is above or below it. see how well you'd do.

So on intraday chart, when EMA20 == current price && EMA5 is above EMA20, BUY. Do the opposite if EMA20 == current price && EMA5 is below EMA20. Did I get that right?

Will try it assuming that's correct, thanks user.

Technical analysis is bullshit. It's illusion intended to make the suckers who buy into it think they're really smart, or make people outside of the world of trading equities think that the people who do it are gurus and that this business is for super geniuses.
It's all a scam.

Patterns, Fibonacci, trendlines, moving averages, Gartley's, harmonics, oscillators, fractals, macd, parabolics, stochastics, barts, bears, bulls, and bollinger bands, and any other kind of stupid, useless data that you think is going to help you see into the future. It's ALL worthless.

The only thing worth a shit across all forms of equity trading is price. Buying low and selling high. And more importantly than anything else, accepting the fact that you don't know. Living with uncertainty, but having the discipline accept losses and get out of trades when they go against you. Also the discipline to take profits instead of hoping it goes on forever for fear of missing out.

>literally just put a EMA(5) and EMA(20) on any given intraday chart and buy/short at the EMA(20) whenever price gets there and the EMA(5) is above or below it. see how well you'd do.
>and buy/short at the EMA(20) whenever price gets there and the EMA(5) is above or below it. see how well you'd do.
>and buy/short at the EMA(20) whenever price gets there
>and buy/short at the EMA(20) whenever price gets there
>and buy/short at the EMA(20) whenever price gets there
>and buy/short at the EMA(20) whenever price gets there


this thread is a golden example of why no one helps or gives good advice around here, even at the most basic level like i attempted to do. enjoy it now because im not doing it ever again and this is why no one else does either, just so you guys know.

Price has to cross and close over ema20, not to be equal.

How to spot a programmer 101

basically. it gets more complicated than that, as in you can improve on that to filter out bad signals even more, but that at least gives you a foundation to work with. i highly recommend checking out No Nonsense Forex and LiveTraders, just watch all of their youtube videos (either the playlists or just start with the most popular and work your way down, or watch ones on specific topics you're interested in).

>shares a fucking 101 strategy
>believes he shared literally GOLD
Sorry nig, it was a good advice, but it's not the revealed truth, do you understand that?

Thanks, will check that out and give it a shot.