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HTML <html> <head> <title>Stock moving averages</title> </head> <body> <h1>Stock moving averages</h1> <div class="info">Author: <a href="author_1_82888.html">Tim Grimsley</a></div><div class="body">I have used moving averages for years as part of my trading plan. Moving averages are a good indicator for overall stock market direction. I very rarely trade opposite of the moving average direction indicator. The trading strategy that I use is fairly simple. Generally I overlay a 10 period and a 5 period moving average on my main chart for any particular market. You should also know that I only use candlestick charts for my trading. When I see the the candle cross over the 10 period moving average I will start to carefully monitor that market. I use the 5 period moving average as confirmation to execute my order. I will stay will this trade until the price momentum falls to the point that the price breaks through the 5 period moving average in the opposite direction of my position. Using this simple trading style I have made numerous profitable trades. Over the years I have added more confirmation indicators to this trading philosophy. I have tried various combinations of indicators. Some examples are pivot points, fibonacci retracement lines, 123 tops and bottoms, support and resistance, I have also played with some gann principles. I have enjoyed success through trying these various indicators.<br /> <br /> <br /> <A HREF="http://shadow-trader.blogspot.com/" >next</A><br /> <br /> Shadow trader<br /> </div> <div class="source">Article Source: <a href="http://www.articlealley.com/article_76261_19.html">http://www.articlealley.com/article_76261_19.html</a></div> <div class="author"> <div class="authorBio"></div> </author> </body> </html>
Text Stock moving averages Author: Tim Grimsley I have used moving averages for years as part of my trading plan. Moving averages are a good indicator for overall stock market direction. I very rarely trade opposite of the moving average direction indicator. The trading strategy that I use is fairly simple. Generally I overlay a 10 period and a 5 period moving average on my main chart for any particular market. You should also know that I only use candlestick charts for my trading. When I see the the candle cross over the 10 period moving average I will start to carefully monitor that market. I use the 5 period moving average as confirmation to execute my order. I will stay will this trade until the price momentum falls to the point that the price breaks through the 5 period moving average in the opposite direction of my position. Using this simple trading style I have made numerous profitable trades. Over the years I have added more confirmation indicators to this trading philosophy. I have tried various combinations of indicators. Some examples are pivot points, fibonacci retracement lines, 123 tops and bottoms, support and resistance, I have also played with some gann principles. I have enjoyed success through trying these various indicators. next Shadow trader Article Source: http://www.articlealley.com/article_76261_19.html About the Author:
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