Still learning how to identify the difference between the short ema sandwich and the long one....I thought I saw a long ema sandwich..
WEEKLY STUDY ANALYSIS: Went parabolic and only was a parabolic short move..bad idea to short..
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-18 14:46:53 | ROSG | buy | $3.980 | long |
2015-02-18 15:13:10 | ROSG | sell | $3.940 | 0 |
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My understanding is that if you have the moving averages right above the candles that are coiling up underneath the MAs and preferably candles are in a narrow range - it is a short EMA sandwich
For long - moving averages should come right under the candles, kind of same idea with the short, just opposite