Question about moving averages

KGTrader4 said:
I’m playing around with some ideas and have a question….

say I want to look at longer term time frames, trend following, and in terms of timing, position trading. So instead of daily charts, I set my chart to weekly.
and I also want have a cleaner chart ..

so I eliminate all the MA’s from my chart settings, EXCEPT the 200 MA.
The thing is though, if I’m on a weekly chart, the MA set to 200 will show me a 200 week MA. This doesn’t “feel” right to me. Should I be setting the MA to 30, which would give me a 30 week MA, essentially, a 200 DAY MA?
Seems like I would want to know where the stock is and how it’s trending, relative to the 200 day, even though I’m looking at a weekly chart?
thoughts appreciated
More...
%%
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THAT'$ life; i use a 50dma also .
but it turns into a 50week moving average , depending on data providers.
Female asset manager uses 30 day ma , but she[ single ma, maybe ] lives in TX.
I ain't ready for the junkyard yet;
I feel like a new Corvette:caution::caution: G Jones song = I Don't Need your Rockin' Chair or or Your Medicare> 1 million video Views
 
KGTrader4 said:
Initially, just Q’s, SPY, and more so, the 11 Sector Spyders
More...
To get an idea of what page you're on these days, KGTrader,
_For these QQQ, and SPY charts,
Based on these weekly charts alone,
where would you advise a busy client (yourself) to:
1) Buy or sell to enter?
2) Exit

_For these QQQ, and SPY charts,
Based on these weekly charts alone,
How many trades were taken over the last 1 year period?
What positions would this client be in currently, based on these charts alone?

qqq 2022 0906 Wk.png
spy 2022 0906 Wk.png
 
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easymon1 said:
To get an idea of what page you're on these days, KGTrader,
_For these QQQ, and SPY charts,
Based on these weekly charts alone,
where would you advise a busy client (yourself) to:
1) Buy or sell to enter?
2) Exit

_For these QQQ, and SPY charts,
Based on these weekly charts alone,
How many trades were taken over the last 1 year period?
What positions would this client be in currently, based on these charts alone?

View attachment 294367 View attachment 294369
More...

I assume the blue line is the 200 day MA? Don’t know what the orange sloping lines are, doesn’t matter.
Based on a quick glance, one trade this year, in April, on both , sell.
 
KGTrader4 said:
I assume the blue line is the 200 day MA? Don’t know what the orange sloping lines are, doesn’t matter.
Based on a quick glance, one trade this year, in April, on both , sell.
More...
Yeah, those lines are not for the purpose of this discussion, ignore them.
-
KGTrader4, IN HINDSIGHT (that's fine here):
1) AFTER which
of the April weekly candles below, 1,2,3,or 4,
would you have called your client to say
"Hi moneybags, You have 100K sitting over here, let's put it to work for you."
"Based on a Weekly Bar Chart, We are going to sell to enter,
for multi-week or even multi-month hold periods,
the spy and
the qqq etf products.

2) I recommend we place
a) (how much?)- percent in the spy and
b) (how much?)- percent in the qqq.

Ok, moneybags, you're in.
Well put the rest of that to work soon as something opens up.
D) Are you good with trading SQQQ/SOXL on a daily bar chart for 2 to 10 day holds?
30m) Are you good with trading SQQQ/SOXL on a 30minute bar chart for 2 to 10 day holds?
5m) Are you good with trading SQQQ/SOXL on a 5minute bar chart for intraday to 5 day holds?
Could you repeat please moneybags, somebody just interupted with a candygram over here...

3) Which of the SQQQ/SOXL scenarios are you good with?
-
1) AFTER which
of the April weekly candles, 1,2,3,or 4,

2) place
a) (how much?)- percent in the spy and
b) (how much?)- percent in the qqq.

3) Which of the SQQQ/SOXL scenarios are you good with?

qqq 2022 0906 Wk98.png
spy 2022 0906 Wk98.png
 
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easymon1 said:
Yeah, those lines are not for the purpose of this discussion, ignore them.
-
KGTrader4, IN HINDSIGHT (that's fine here):
1) AFTER which
of the April weekly candles below, 1,2,3,or 4,
would you have called your client to say
"Hi moneybags, You have 100K sitting over here, let's put it to work for you."
"Based on a Weekly Bar Chart, We are going to sell to enter,
for multi-week or even multi-month hold periods,
the spy and
the qqq etf products.

2) I recommend we place
a) (how much?)- percent in the spy and
b) (how much?)- percent in the qqq.

Ok, moneybags, you're in.
Well put the rest of that to work soon as something opens up.
D) Are you good with trading SQQQ/SOXL on a daily bar chart for 2 to 10 day holds?
30m) Are you good with trading SQQQ/SOXL on a 30minute bar chart for 2 to 10 day holds?
5m) Are you good with trading SQQQ/SOXL on a 5minute bar chart for intraday to 5 day holds?
Could you repeat please moneybags, somebody just interupted with a candygram over here...

3) Which of the SQQQ/SOXL scenarios are you good with?
-
1) AFTER which
of the April weekly candles, 1,2,3,or 4,

2) place
a) (how much?)- percent in the spy and
b) (how much?)- percent in the qqq.

3) Which of the SQQQ/SOXL scenarios are you good with?

View attachment 294379 View attachment 294380
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assuming I understand , you mean after which candle would I short….
1.After the third candle.
2. 100% in QQQ as it’s a trade and I want the volatility
3. Don’t understand the third question.

of course this is all theoretical since I never shorted or traded for clients.
 
KGTrader4 said:
assuming I understand , you mean after which candle would I short….
1.After the third candle.
2. 100% in QQQ as it’s a trade and I want the volatility
3. Don’t understand the third question.

of course this is all theoretical since I never shorted or traded for clients.
More...
so After the third weekly qqq candle inside that 'April box' the next candle entry would have been a shade above 323?
Why there?
 
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