Comments on: Quickie http://timetohuat.sillypore.com/2008/11/28/quickie/ Towards being a self-made millionaire! Tue, 07 Feb 2012 06:48:26 +0000 hourly 1 http://wordpress.org/?v= By: CharlesMing http://timetohuat.sillypore.com/2008/11/28/quickie/comment-page-1/#comment-66 CharlesMing Mon, 01 Dec 2008 11:55:41 +0000 http://timetohuat.sillypore.com/?p=277#comment-66 hey koori. The thing about MA is, regardless of it being a support or resistance, it tells u the price people are willing to buy (support) or sell (resistance). The longer the time frame, the stronger it is. 20MA represents 1 month of trading activity. Actually u can use any figure u want but my research (along with others) shows that 20 days is a good figure for short term. 50 and 100MA for mid term and 200MA for long term. Apart from resistance, the direction of the MA line also tells u the respective trend though it is lagging in nature. So in short, 20 and 25 is about the same (though I prefer 20, but I do turn both on sometimes) and 50 is stronger than 20 while 100 and 200 is stronger than 50 and 20MA. Anything after 200MA is not really meaningful. The way I use 200MA too, is when the price falls below 200MA it is bear. Above it is bull. So when things turn bear, I will look to short (ride with trend) while if it is above, I will look to long. It is not the only way to see the trend of course but I thought I'd add that in :P hey koori. The thing about MA is, regardless of it being a support or resistance, it tells u the price people are willing to buy (support) or sell (resistance).

The longer the time frame, the stronger it is. 20MA represents 1 month of trading activity. Actually u can use any figure u want but my research (along with others) shows that 20 days is a good figure for short term. 50 and 100MA for mid term and 200MA for long term. Apart from resistance, the direction of the MA line also tells u the respective trend though it is lagging in nature.

So in short, 20 and 25 is about the same (though I prefer 20, but I do turn both on sometimes) and 50 is stronger than 20 while 100 and 200 is stronger than 50 and 20MA. Anything after 200MA is not really meaningful. The way I use 200MA too, is when the price falls below 200MA it is bear. Above it is bull. So when things turn bear, I will look to short (ride with trend) while if it is above, I will look to long. It is not the only way to see the trend of course but I thought I’d add that in :P

]]> By: koori http://timetohuat.sillypore.com/2008/11/28/quickie/comment-page-1/#comment-65 koori Mon, 01 Dec 2008 03:14:53 +0000 http://timetohuat.sillypore.com/?p=277#comment-65 hi prince, you mentioned 20 MA is like a ceiling previously. how about 25 and 50 MA? what are their implications? hi prince, you mentioned 20 MA is like a ceiling previously. how about 25 and 50 MA? what are their implications?

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