EMA golden cross.. how accurate? In the last p
Post# of 1023
Posted On: 05/11/2016 3:23:13 AM
EMA golden cross.. how accurate?
In the last post I explained how the EMA golden cross can provide a better image of upward momentum (possible profits).
Maybe you're asking yourself, "Ok so... how accurate are they? Let's go to the numbers:
2011: August EMA golden cross > Price change: .08 to .12
2012: January EMA golden cross > Price change:.07 to .12
2012: June EMA golden cross > Price change:.08 to .23
2012: September EMA golden cross > Price change: .12 to .15
2013: September EMA golden cross > Price change: None
2014: March EMA golden cross > Price change: .02 to .10
2015: February EMA golden cross > Price change: .02 to .03
2016: March EMA golden cross > Price change:.002 to .0092
Obviously I didn't record every single golden cross. There were a number of golden crosses which were false positives with no major price increase. There were also other golden crosses which did increase in price but the change was negligible. In the world of stocks, there are no guarantees.
What I find interesting is how accurate the EMA golden cross can be despite the false positives.
In 5 years there were approximately 7 major EMA golden crosses and 6 of them would have made investors a hefty profit (if they were paying attention). So as we can see, EMA golden crosses are a rare event; around 8 major events in 5 years. For myself, this means it is now 'pay attention time'. Sure, if we do get a EMA golden cross tomorrow nothing may come of it. Typically it takes a month or longer following the cross before any major run occurs. Look at the most recent cross. It crossed in March and ran up to .0092 almost a month later.
In all, I believe EMA golden crosses are a very powerful tool. I find the timing of this possible golden cross along with the imminent release of the 10Q next week to be very timely.
And the crazy thing is, investors would have missed the opportunity to make profits for the majority of the above EMA golden crosses if they only focused on the standard 50MA and 200MA lines. This is why the SMA lines of 13 and 48.5 are so powerful. They show things other MA lines ignore.
Not investment advice.
In the last post I explained how the EMA golden cross can provide a better image of upward momentum (possible profits).
Maybe you're asking yourself, "Ok so... how accurate are they? Let's go to the numbers:
2011: August EMA golden cross > Price change: .08 to .12
2012: January EMA golden cross > Price change:.07 to .12
2012: June EMA golden cross > Price change:.08 to .23
2012: September EMA golden cross > Price change: .12 to .15
2013: September EMA golden cross > Price change: None
2014: March EMA golden cross > Price change: .02 to .10
2015: February EMA golden cross > Price change: .02 to .03
2016: March EMA golden cross > Price change:.002 to .0092
Obviously I didn't record every single golden cross. There were a number of golden crosses which were false positives with no major price increase. There were also other golden crosses which did increase in price but the change was negligible. In the world of stocks, there are no guarantees.
What I find interesting is how accurate the EMA golden cross can be despite the false positives.
In 5 years there were approximately 7 major EMA golden crosses and 6 of them would have made investors a hefty profit (if they were paying attention). So as we can see, EMA golden crosses are a rare event; around 8 major events in 5 years. For myself, this means it is now 'pay attention time'. Sure, if we do get a EMA golden cross tomorrow nothing may come of it. Typically it takes a month or longer following the cross before any major run occurs. Look at the most recent cross. It crossed in March and ran up to .0092 almost a month later.
In all, I believe EMA golden crosses are a very powerful tool. I find the timing of this possible golden cross along with the imminent release of the 10Q next week to be very timely.
And the crazy thing is, investors would have missed the opportunity to make profits for the majority of the above EMA golden crosses if they only focused on the standard 50MA and 200MA lines. This is why the SMA lines of 13 and 48.5 are so powerful. They show things other MA lines ignore.
Not investment advice.
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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.
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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.
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