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10-day daily MA


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#1 qqqqtrdr

qqqqtrdr

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Posted 20 May 2010 - 06:43 PM

I got a question for the board.... I'm thinking about trading the 10-day MA.... In a market like we are in now if we are under the 10-day MA the market can fall further.. I was thinking about waiting for the rally on the way up.... Stop order on the 10-day MA seems to be a good point to start accumulating new bullishness if volume and other indicators indicate some strength. I would sell those positions if we then drop below the 10-day MA to protect myself in a bear market... Has anyone has success in using this short to medium term average for trading and capital protection? Barry