Memillionaire

06:39

Memillionaire

While analyzing the charts if we bring in the element of family into it, it makes a lot of sense and we understand things better. In this example I have put 21period moving average(ma21) and a 10 period exponential moving average(10emaavg) as the parents and the price candle stick representing the child. How parents behave towards the child and what happens when...

Memillionaire

Here is one effective idea: 1. Choose 21 period moving average. Lets call it ma21. 2.Find the ten period average of ma21 call it m10avg. 3. Mark the High when ma21 goes below m10avg. 4. Mark the Low when it goes above the m10avg. Observe the price action unfold....

Memillionaire

Here is one effective idea: 1. Choose 21 period moving average. Lets call it ma21(color green). 2.Find the ten period average of ma21 call it mmaavg.(color red) Just watch price action once ma21 crosses the MAMAavg.