You take something which is much more simple than you care to believe and make it magnitudes more complex for yourself for no reason, other than to make it harder to find profitability and consistency for yourself. Your mind is playing tricks on you.
"the actors who create the price action, make their decision in buying or selling based on their reading of the chart, in which moving average is just one of the basic ingredients."
This statement is interesting. Who says they base any decision on the chart? The participants buy and sell for an infinite amount of reasons.
There are two types of participants in the market, dynamic traders with the money and psychology to actually move prices in their favor and the rest of us who are passive technical traders. For us to make money we need these dynamic large players to move the market in our favor as all of us combined can't even move it more than a few ticks.
I assure you that none of these dynamic traders are focussed on the 9 EMA. At best they'll use the 200 period moving average as a general yardstick of where they are which takes them all of one second. Again they have the means to push the price around at will. They care nothing for some indicators on a chart. Price and volume are 100x more important than lagging indicators.
ORE Price at posting:
$9.11 Sentiment: Hold Disclosure: Held
