Okay, however I've never said it was easy, haven't referred to a 15 minute chart, and have never said to use EMA crossover as a singular tool. I did say that it doesn't work all the time, but on big move days with nice volatility it does. If you wanted to dig a bit further on the subject matter, here is an empirical study based around results trading this system, versus other systems on SPI and Asia Pacific futures, some of which I have based my trading system around. For me, it is a tool to keep me in a trade, not put me in a trade.
https://www.idosi.org/mejsr/mejsr21(8)14/8.pdf
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Last
8,092.3 |
Change
139.100(1.75%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,953.2 | 8,092.3 | 7,952.8 |
| XJO (ASX) Chart |