"It is only man who was supposed to circumabulate around the Personalilty of his Creator but he is defiant by nature.Here comes the story of wma and emas.Those who are defiant are always forced to surrender.Everyman in life sometime calls that Almighty Personality for help and thus surrender to His Decree.
In forex the prices vibrate around axis.But question is what axis?Can we say that meson is not revolving around sun, but it is revolving around its own axis? No we cant say because if earth revolves around sun then everything on earth revolves around sun.Similarly, price revolves around axis.But which axis?The axis starts from ema1 to ema1000 or may be higher.Price always averages around these axes.How price averages around these axes.Yes , it goes to one side and then crosses and goes to other side so that net result is the average price of the ema.
I have drawn 1000 ema on my chart and have seen price vibrating around it.But it vibrates in such a long time that we cant trade if we select it as axis.The price vibrates around wma5 and at the same time it is coming closer to ema21 and then ultimately crosses it to other side thus completing one vibration and then repetition.Ema 21 vibrates around ema55, which in turn vibrates around 100 and then comes saga of 200.
In Physics, experimental data is given mch value.The empirical values which are found with hard work are very important for engineers.Although empirical value may not been exact but it is always agreeable with the exact value. "
And I saw 7 riders. First was on black horse... bla-bla, second has a long sword ... third was in shining armor ...Sounds familiar? I told you - you are not the first. 2000 years ago Joan, when exiled to Pathmos wrote this. BTW I live nearby.
Vibrating around axis? Economical factors? Have you ever heard about inflation? How will look then your 200 MA and price vibrating around?