Hi Becky,

Let’s say I find a price chart where the common timeframe EMA is a UFO band. Based on the methodology, we are supposed to set-up a trade to trigger when price hits that band.

However, what if it takes a couple of days to reach the UFO band and, in the meantime, the EMA is no longer in the band? Does that happen often? Would we cancel the trade then?



Answered question