When the 9 and 20 ema meet.

[NickAbrams 11]

This was my missed opportunity on a 3 percent move.  VKTX  9/18/2018 at 10:21

This is the moment the 9 and 20 ema meet on a 5 Minute chart.   The 9 and 20 do not meet on the 1 minute however.  This is so interesting.  And I am seeing it more often in my trading now that i see the Indication.  Like Mark Douglas said,  the candlesticks are just lines and block on the screen until we learn and give them context.  Wow.  I feel like I'm learning.  I want to know what you guys think.  Is this a valuable indication for major moves in price.  All the credit goes to Robert H for pointing out the how one of the parameters of his 15 minute reversal is that "the 9 and 20 cross the 50".  I started looking for that and found this.  Any idea's and further insight is greatly appreciated.  Thanks.

 

And the second picture is the final outcome of the move.

[NickAbrams 11]

Wow and now that i look further,  I see on a 5 minute how the 9 and 20 cross again for a major move towards vwap.  That is around 13:40ish.  This is interesting.  Does anyone trade like this?  How would you guys take the trade.  Thanks for the input.

[tiredandsleepy 1]

I personally don't trade the MA cross overs... I know many traders that do though.

 

I use it mainly for confirmation of my entry, if I had one prior based on some other entry signal.

[NickAbrams 11]

@tiredandsleepy  Interesting. Thanks for the reply.   I have trouble seeing the moves before its too late.  This seemed like it preempted even some moves.  But I don't want to go against the flow too much maybe.  I'm glad to hear others trade this way though.  That confirmation on reversal would be best.   What setups do you use the MA for confirmation for?   Do you notice any interesting behavior that MA's have that you wouldn't mind sharing with me?  More than anything, I am trying to learn these indications so I know what I'm looking at.  Thanks.