SID9
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How I Trade Using Moving Averages (MA) and Donchian Channels (DC)
In my trading strategy, I rely heavily on Moving Averages (MA) and Donchian Channels (DC) to make informed decisions. Here’s how I utilize these indicators:
Moving Averages (MA)
Moving Averages help smooth out price data to identify trends. I use three types of MAs:
- MA20 (20-day moving average): Indicates short-term trends.
- MA60 (60-day moving average): Indicates medium-term trends.
- MA250 (250-day moving ave...
In my trading strategy, I rely heavily on Moving Averages (MA) and Donchian Channels (DC) to make informed decisions. Here’s how I utilize these indicators:
Moving Averages (MA)
Moving Averages help smooth out price data to identify trends. I use three types of MAs:
- MA20 (20-day moving average): Indicates short-term trends.
- MA60 (60-day moving average): Indicates medium-term trends.
- MA250 (250-day moving ave...
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$SNS (0259.MY)$ What Happen??
Everyone was like “it’s going to fly” but forgot to fuel things up??
Seems like the price is consolidating around a resistance level of 0.855, let’s wait and see if it is able to breakout from there.
Also quite a number of sellers on 0.840…
Let’s just hope for the best.
Everyone was like “it’s going to fly” but forgot to fuel things up??
Seems like the price is consolidating around a resistance level of 0.855, let’s wait and see if it is able to breakout from there.
Also quite a number of sellers on 0.840…
Let’s just hope for the best.
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SID9
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$SNS (0259.MY)$ Well, looks like the chart analysis did work and waiting did pay off! Let’s see if it goes any lower before entering the trade.
$EDELTEQ (0278.MY)$ should I buy or wait..?
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$SNS (0259.MY)$ Sould I Enter Now…?
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SID9
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Thanks moomoo and Nasdaq for giving us the opportunity to experience Nasdaq Totalview Level 2 market data for free for 3 months. This is a good way to see how such data can benefit us in our trading. I think it is more useful for short term traders. This post can help you figure out what the data means.
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If you haven’t enrolled for the free trial, go to Me > Promotions and click on this banner.
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