SMA lines? Golden Crosses? What is this 1974?..
Everyone always talks about 'SMA golden crosses' and 'Whoa! watch out! 200sma about to cross!'
In my reality, these lines mean diddly squat. Here are the most important lines youll ever need to know:
fast EMA line: 13
slow EMA line: 48.5
Go to stockcharts.com, plug in OCWP, uncheck the 'log' box and enter these numbers for EXPONENTIAL MOVING AVERAGE.
Actually.. heres the link of the chart already filled in:
..prepare to become 500 steps ahead of everyone else...
OWCP using EMA lines
You see, many investors blindly use SMA lines, touting GOLDEN CROSS! BAHHHH!.. but they have no idea why they use 50 and 200 SMA lines in the first place.
This is why I use EMAs:
So go back to the chart in the above link, and be amazed at the EMA crossover OWCP had back on October 5th.
and if youre still asking yourself why the EMA lines are better than SMA lines.. check this out:
Your SMA lines are a slow turd compared to my EMA's!
Look at the above chart. Its using standard 50 and 200 SMA lines. Notice anything?? THEY HAVE NOT EVEN CROSSED YET! This is how I knew to get into OWCP early. The EMA lines crossed WAAAAY before the SMA lines. And why...?
Hey, don't take my word for it. Feel free to use the 50 and 200 SMA lines all you want. But when everyone else is touting 'GOLDEN CROSS SOON!'.. my EMA lines will already have indicated to me whether or not a golden cross formed.
Note:
If you think I made up these data points of 13 and 48.5, think again. Do research and see for yourself.
Not investment advice. Go talk to a professional investment advisor.
Everyone always talks about 'SMA golden crosses' and 'Whoa! watch out! 200sma about to cross!'
In my reality, these lines mean diddly squat. Here are the most important lines youll ever need to know:
fast EMA line: 13
slow EMA line: 48.5
Go to stockcharts.com, plug in OCWP, uncheck the 'log' box and enter these numbers for EXPONENTIAL MOVING AVERAGE.
Actually.. heres the link of the chart already filled in:
..prepare to become 500 steps ahead of everyone else...
OWCP using EMA lines
You see, many investors blindly use SMA lines, touting GOLDEN CROSS! BAHHHH!.. but they have no idea why they use 50 and 200 SMA lines in the first place.
This is why I use EMAs:
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.
So go back to the chart in the above link, and be amazed at the EMA crossover OWCP had back on October 5th.
and if youre still asking yourself why the EMA lines are better than SMA lines.. check this out:
Your SMA lines are a slow turd compared to my EMA's!
Look at the above chart. Its using standard 50 and 200 SMA lines. Notice anything?? THEY HAVE NOT EVEN CROSSED YET! This is how I knew to get into OWCP early. The EMA lines crossed WAAAAY before the SMA lines. And why...?
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.
Hey, don't take my word for it. Feel free to use the 50 and 200 SMA lines all you want. But when everyone else is touting 'GOLDEN CROSS SOON!'.. my EMA lines will already have indicated to me whether or not a golden cross formed.
Note:
If you think I made up these data points of 13 and 48.5, think again. Do research and see for yourself.
Not investment advice. Go talk to a professional investment advisor.
OWC Pharmaceutical Research Corp. (OWCP) Stock Research Links
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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.
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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.
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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.
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.
