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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Hans who wrote (6274)	1/3/2000 2:22:00 PM
From: F Robert Simms	Respond to of 18137

<Hopefully I'm not getting too basic here, but please explain "ema." ("?"moving average or what?)> Don't worry, we all have to learn;) EMA stands for Exponential Moving Average. <Then, 30 ema34? (30 day moving average crosses 34, or?)> Min stands for minute. So, a 30 min 34 ema would be a 34 ema plotted on a 30 minute bar chart. In the system the 30 min bar close below the 34 ema line would cause me to close longs. The price going from above the 34 ema line and coming down to touch the ema, or move close to it, would cause me to buy, if the ema was increasing. If you have any more questions, please feel free to ask. Best Wishes, Bob