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The correct way to use the moving average that 80% of traders don’t know
First, never touch the varieties below the 60-day moving average.
Second, don’t miss the varieties above the 30-day moving average and showing an upward trend.
Third, don’t miss the opportunity to enter the market when the 10-day moving average is upward and the 5-day moving average crosses the 10-day moving average downward.
Fourth, if the increase exceeds 10%, use the entry price as the market price. If it continues to rise, the exit price will also increase by 10% for every 10% increase.
Fifth, in the rising market, the 3-day moving average is a buying point. When the 5-day moving average stabilizes, you can get on the bus halfway, or add positions boldly above the 20-day moving average.
Sixth, the 250-day moving average is the dividing line between bulls and bears, and is the largest support or pressure line.
Can’t see the current trend, is it rising or falling?
Can’t see the support and pressure? I don’t even know what level of buying and selling points are currently running.
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