|
 |
 |
Moving Averages in stock trading by D este
 |
|
|
Moving Averages in stock trading |
|
|
|
Investment,Finance & Investment
|
 |
The best moving averages for trading stocks can be used as a trend indicator especially in the forex market. Some traders that know how to read charts will use the moving average to confirm support and resistance levels. This can include using moving average crosses for buy and sell points. Moving Averages are used by most stock traders as technical indicators. The moving average is easy to use on most charts and helps spot the trends. To start out you can set your MA's at wma 5 and wma 20 on your charts.The green and yellow lines on the forex chart. Traders who use a moving averages as a trend filter will buy when the trend is moving up or down. When watching this chart indicator you can look for the price action to consolidate at the top or bottom of the MA. You need to remember that the MA's are lagging on the chart. This means they don't move until the price does or when a candle closes. You can use the 200 day moving average as a support and resistance area. One thing to remember if the price is near the 200 MA you should wait for confirmation before you decide to hit the buy or sell button. Waiting for the trend direction off the 200 MA will increase your chances of making a profit on the trade.Moving Averages Indicator
Related Articles -
stock, trading,
|
Rate This Article |
|
 |
|
Do you Agree or Disagree? Have a Comment? POST IT!
Reader Opinions |
|
 |
|
|
|
 |
 |
 |
Author Login |
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views

 |
 |
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
 |
 |
 |
 |
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
 |
 |
 |
 |
PAUL PHILIPS
For more articles, blog messages & videos and a free e-book download go to www.NewParadigm.ws your p...more
|
 |
 |
 |
 |
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
 |
 |
 |
 |
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
 |
 |
 |
 |
DONNIE LEWIS
I'm an avid consumer of a smoothie a day living, herbs, vitamins and daily dose of exercise. I'm 60...more
|
 |
 |
 |
 |
SUSAN FRIESEN
Located in the lower mainland of B.C., Susan Friesen is a visionary brand strategist, entrepreneur, ...more
|
 |
 |
 |
 |
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
 |
 |
 |
 |
STEPHEN BYE
Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
|
 |
 |
|