Is the 5 EMAs Forex System Just Another MA Crossover System?
October 27th, 2008
The answer to such an obvious question is yes. The 5 EMAs Forex System really does not bring anything new to the table that you wouldn’t get from anywhere place else. These kind of systems have been around ever since the first computerized trading chart. You may think that it’s groundbreaking but it is far from it. Instead of relying on a couple of moving average lines to tell when you should trade, you start to get a stronger understanding of the market to see how it works. Because when you think about it, how could you ever tell where a price is going to go by looking at a bunch of price averages.
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