Trading Technology Part 2 (Moving Average System) Institutional Advanced Course Sharing
Today is the first day of 2023. I wish you all the best when trading, if you go long, you will see a sharp rise, and if you go short, you will see a sharp fall~
Returning to the topic, the trading technique I want to share today is the moving average system that I have used for 5 years.
Simply put, it is EMA 5-10-20-30-60-120 (I will boldly mark the important content in the article)
Indicator introduction: EMA is the index average indicator and is a trend indicator. Its construction principle is: a weighted arithmetic average of the closing prices is used to determine the trend of future price trends.
PS: The price is above the moving average, and every moving average below is a support.