A flaw that needs to be considered with these strategies (I know...

A flaw that needs to be considered with these strategies (I know because I use the ema)

Testing an ema over previous years works great on paper because the ema is already set
Hrly & daily charts are 2 of my main charts for targets
But trading live is a little more difficult & that's where I start using assumptions to guess where the ema will be by the end of the day or later in the trading session
An ema target is a constantly moving target (which is why sometimes in the morning my targets may vary by 5 or 10 points by the end of the day)
I also check the 5/15min charts to ensure trends continue or if it's time for reversals

If you wait for hrly or daily charts to change, you can miss out on a lot of trading
So I guess it depends if you're more a long term trader, or if you like to do regular trades throughout the day
Or both