Quote from louispino:
oh by the way, here is a free lesson, use the 40 period, for early signals.
wait 1 more lesson: check out the quarterly charts on the SPX, u may want to use big charts if ur charting is not to par.
Place your trades for next ES contract,
Shoot lesson #3, why do u think the ES are rolled over every 3 months.
Louis,
I must emphasis since you are fixated that EMA trading works... , trading off the 40 Moving average, or 50EMA or 50 SMA will not make you ****consistent money**** . Its a delayed price action indicator, you must predict what will happen next, 50MA, does not show you this. Its very hard to risk control precisely (knowing where to place your stops) trading on an EMA.
It is at best a 50/50 win ratio probably a 30/70 in reality, After commissions/spreads/, You lose money slowly.