Golden cross only .0031 away? Actually..the EMA go
Post# of 1023
Posted On: 05/10/2016 9:47:17 PM
Golden cross only .0031 away? Actually..the EMA golden cross may occur TOMORROW..
You may be thinking, "Joey68..what the doo da are you talking about!? The 50 and 200MA lines are .0031 away! Theres no Golden cross tomorrow!"
I've known about this possible crossover for quite some time but I wanted to hold off until I knew it was highly likely to occur. I'm sure many of you have read my 'Progress' posts outlining how the 50 and 200MA lines have been creeping closer and closer together. But... there's much more to the story than just those two lines.
You see, standard charts use two MA lines. The 50 and 200. I use three; 50, 100, and 200 (it helps show momentum better).
BUT!..those standard MA lines are 'SIMPLE moving averages' (SMA). Although SMA lines (MA for short) are relatively useful, there is something called 'EXPONENTIAL moving averages' which can be even better.
Many investors use 50 and 200 MA lines, but if you ask them 'why', they might not be able to answer. On the sidelines, I have been watching the EMA lines as well, and they are just about to cross. Both are at .0035 as of this post.
You may be asking, "EMA???? SMA???? MA?? Joey68.. what the heck; you lost your marbles?"
Probably. But I do know EMA lines are more accurate (in my opinion). I wont go too much in detail about it because a quick google search will reveal all mysteries, but in short.. I use the following two EMA lines:
slow EMA line: 48.5
fast EMA line: 13
The next time youre on your charts, plug in these two EMA numbers and see what happens.
Here's an image of the EMA lines. Notice they are just about to cross:
See image below
http://i.imgur.com/DzowRna.jpg
Think I'm making this stuff up? Nope..
http://etfhq.com/blog/2013/01/15/golden-cross...-the-best/
Google "13 and 48.5" and see how powerful these MA lines are compared to the 50 and 200MA lines.
So from now on, I am graduating my posts to using the EMA lines of 13 and 48.5. Why? Because I believe something is going to occur soon regarding increased progress and the 50/200MA lines wont be as reliable for me. When I say, 'something is going to occur' I realize this an opinion and sounds silly. But its what my DD has led me to believe.
Why do I want to switch to EMA lines now?
This is my investing strategy. Find your own strategy and do not invest based on this or any post. I could be completely wrong. Will the cross over happen tomorrow? I think it may. If not, possibly by the end of the week.
Why is this crossover important? Any serious investor using scanner software tracking EMA crossovers will be made aware of SCIE immediately after the crossover. This may bring new eyes and new money to Spectrascience. EMA crossovers are often regarded as long term bull runs forming. Crossovers don't instantly spew rainbows and unicorns, but it may be the beginning of something good.
NOT investment advice.
You may be thinking, "Joey68..what the doo da are you talking about!? The 50 and 200MA lines are .0031 away! Theres no Golden cross tomorrow!"
I've known about this possible crossover for quite some time but I wanted to hold off until I knew it was highly likely to occur. I'm sure many of you have read my 'Progress' posts outlining how the 50 and 200MA lines have been creeping closer and closer together. But... there's much more to the story than just those two lines.
You see, standard charts use two MA lines. The 50 and 200. I use three; 50, 100, and 200 (it helps show momentum better).
BUT!..those standard MA lines are 'SIMPLE moving averages' (SMA). Although SMA lines (MA for short) are relatively useful, there is something called 'EXPONENTIAL moving averages' which can be even better.
Many investors use 50 and 200 MA lines, but if you ask them 'why', they might not be able to answer. On the sidelines, I have been watching the EMA lines as well, and they are just about to cross. Both are at .0035 as of this post.
You may be asking, "EMA???? SMA???? MA?? Joey68.. what the heck; you lost your marbles?"
Probably. But I do know EMA lines are more accurate (in my opinion). I wont go too much in detail about it because a quick google search will reveal all mysteries, but in short.. I use the following two EMA lines:
slow EMA line: 48.5
fast EMA line: 13
The next time youre on your charts, plug in these two EMA numbers and see what happens.
Here's an image of the EMA lines. Notice they are just about to cross:
See image below
http://i.imgur.com/DzowRna.jpg
Think I'm making this stuff up? Nope..
http://etfhq.com/blog/2013/01/15/golden-cross...-the-best/
Google "13 and 48.5" and see how powerful these MA lines are compared to the 50 and 200MA lines.
So from now on, I am graduating my posts to using the EMA lines of 13 and 48.5. Why? Because I believe something is going to occur soon regarding increased progress and the 50/200MA lines wont be as reliable for me. When I say, 'something is going to occur' I realize this an opinion and sounds silly. But its what my DD has led me to believe.
Why do I want to switch to EMA lines now?
Quote:
Exponential moving averages (EMAs), which weigh most recent prices heavier than earlier prices , perform better overall than SMAs, which weight all prices in the timeframe equally.
This is my investing strategy. Find your own strategy and do not invest based on this or any post. I could be completely wrong. Will the cross over happen tomorrow? I think it may. If not, possibly by the end of the week.
Why is this crossover important? Any serious investor using scanner software tracking EMA crossovers will be made aware of SCIE immediately after the crossover. This may bring new eyes and new money to Spectrascience. EMA crossovers are often regarded as long term bull runs forming. Crossovers don't instantly spew rainbows and unicorns, but it may be the beginning of something good.
NOT investment advice.
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(0)SpectraSCIENCE Inc. (SCIE) Stock Research Links
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.