You are welcome mate, it comes from an amazing Japanese system of analysis and I have never seen anything like it. The above however regarding the 5 and 55 is only part of the moving average signal. All 5 Ma's workers together, it's just the current setup lends to the 5 crossing up in this particular case. Basically what we want to see for the this 2nd strongest pattern for a long position is the following, starting with the largest MA:
- e200 MA(Red) is under the e100 MA (Blue) (base line in this case)The e55 MA (cyan) has been above the e100 MA (base line), but is now converging down toward the baseline, but not been able to breach it and has resulted in the e100 pushing the e55 back away like opposite poles on a magnet.All smaller MA's (in this case just the yellow e21 and green w5) are under the base line (e100 in this case).
Early signal is when the w5 turns back towards the baseline from under and crosses over the yellow e21.
Confirmation of signal is when the w5 crosses the e55
Second less risky opportunity is when the price retests the support after the cross, which will often look like the w5 is bouncing off the e55
The strongest signal is similar, but with the e200 becoming the baseline. But keep in mind it works both ways, if you see these signals upside down blood is about to be in the water and you either need to get out or stop watching.I'll get some charts up at some point. Seeibg Seeing makes it easier to know what to look for.
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