80% of traders don’t know the correct way to use moving averages
First, we must not touch the varieties below the 60 moving average.
Second, if the variety is above the 30-day moving average and the exposure line is upward, don’t miss it.
Third, when the 10-day moving average goes up and the 5-day moving average crosses the 10-day moving average downward, don’t miss the opportunity to enter the market.
Fourth, if the price rises by more than 10%, the entry price will be regarded as the entry price. If it continues to rise, the exit price will also increase by 10% for every 10% increase.
Fifth, in the rising market, stepping back on the 3-day moving average is a buying point. When the 5-day moving average stabilizes, you can get on the road halfway, or boldly increase your position 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 line or pressure line.
