Hello PAT,
Good Morning!
I am Ravi, i have been a VIP member from past 2 months and your 8 EMA is doing wonders. i have been using it in my trading.
Have a basic question on these and it is a follow up question that i had asked in this forum earlier.
When you are ready to take a trade/position in the stock, you always prefer the 8 EMA should be above 20 MA and both 8 EMA and 20 MA are rising? or there is no specifc criteria as such?
Just wanted to know more in depth on this as it will help me to better time the trade and also avoid false entries.
As said by great people, we don't need to earn money in a trade, but if you try don't loose in a trade, is always equivalent to gaining...
As always you are doing a great job in helping beginners. Thanks a lot!
Regards,
Ravi
1 Answers
Hi Ravi,
Video from Pat:
https://youtu.be/30DdXXL8F7w
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Hello Pat!
Thanks a lot, that was very detail and on point. Now i can say i am confident on how to look at the 8 EMA and 20 MA.
Regards,
Ravi