What is it specifically that you are trying to do?I’m playing around
What is it specifically that you are trying to do?I’m playing around
Only benefit is, like what was posted, to see what the herd is following, 50/200SMA.
Main thing I've found useful on daily candle charts eg 90d is expanding ranges.... bigger daily green candles in an uptrend are often worth trading. It's all about range Increasing, eg traders voting with price action.
And of course engulfing/hammers/shooting stars for reversals.
A really good pivot setup is to see a selloff, accompanied by ever-smaller candles, bc they often flip back up.
Badness' point about Slope of ma is a particularly smart, and correct observation
If you had a method already, what few products would you go look at tomorrow?1) trade less, 2) hold longer, 3) spend less time, 3a)" researching trading ideas. 4) Want to continue using technical analysis, it’s helped me tremendously.
If you had a method already, what few products would you go look at tomorrow?
What about adding a shorter 9 EMA to those 200 SMA and 50 SMA. The 9 EMA plus the Candlesticks you mentioned help spot the shorter Trend ... plus "the KCalhoun two Vs"? Thanks.
Which of these Index products initially?Probably strictly ETFs. Index and sector, ultimately maybe ultimately some more focused ETFS, like for example KWEB , XBI, GLD, just as examples.
I think MAs have the same application to these as they do to individual stocks. But these instruments lend themselves to longer holds, in some instances.
Just remembered, Oliver Kell likes to use the 200 & 50 SMA and 10 & 20 EMAs.Right, the 9 will give faster signals
Moving averages make me money. Every indicator and TA method looks backwards…even support and resistance and candle reading. I find ma be very reliable. The key is to cobble together a method that uses the more reliable methods.