Wish to share some obsvs wid u regd 5-10DEMA & 20DSMA
1. Wen 5-10DEMA x-over happens close to 20DSMA (within 1-2 days of takin out 20DSMA), the Trend is generally established UNIDIRECTIONALLY
2. Wen 5-10DEMA x-over happens afar from 20DSMA, We should trail the position till 5DEMA changes direction
3. Wen 5DLEMA x-overs above 9EMA , it is ESTABLISHED that we are in a HIGHER DEGREE IMPULSE
4. Wen 5DLEMA x-overs above 9EMA, one need NOT book profits on change of sign of 5EMA . Instead one sud trail wid SL @ 5DLEMA-10 pts..
Need to use x-over smartly & aptly for that particular market condition.
For eg- as on today, 5DLEMA has gone UP over the 9DEMA & that suggests,
the move has become HIGHLY PARABOLIC & nearing COMPLETION
Take a look pls
rgds
SMO
Very Nice work Shri. Keep the updates coming!! Already tracking SMOSAR.
ReplyDeleteTks for the encouragement YG.
ReplyDeleteAs far markets go, the dictum that works is :
Predict - we Perish,
Follow - we Flourish
With this guiding line, lets follow the course of the river to prosperity!
cheers
Ameen!
ReplyDelete