How To Use Best Moving Averages for Intraday or Day Trading?

1. How To Use Best Moving Averages for Intraday or Day Trading? Moving averages (MA)can be used for both trading andinvesting in the stock market with a short-term or long-term perspective. Apart from knowing the buy and sell trend, or support resistance you can use the convergences and divergences for trend reversal in the stocks, or market indices making it one of the most reliable technical indicators in the stock market. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

2. Best Moving Average for Intraday Basically, there are three types of moving averages, simple moving average (SMA), exponential moving average (EMA) and weighted moving average (WMA) used in trading. But the question here is which one is suitable or would be best for intraday trading. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

3. 5-8-13 Moving Averages Best for Day Trading As per the technical analysis experts, a combination of 5, 8 and 13-bar simple moving averages is the most suitable MA for intraday trading strategies. These parameters are fine-tuned by a technical tool setting called, Fibonacci retracement, and also need to be an expert to use these settings properly and make the best use of this combination of MA. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

4. Best Moving Average Period for Day Trading For short-term trading or intraday, you need a moving average that can react swiftly or respond immediately to the change in the price. Hence, instead of SMA, choose the EMA for intraday trading to get more accurate results. And when it comes to selecting the MA period, there are mainly three types of moving average periods you should consider. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

5. Best Moving Average for 1 Minute Chart Minute chart-based trading gives you the tick-by-tick activity in the stock price, here you can apply a 50-day SMA or 20-day EMA. However, a 1-minute chart would be not enough to know the next moves of the stock, extend the chart minutes to 5 or 15 minutes. Best Moving Average for 5 Min Chart Checking the higher minutes chart let's say 5 minutes can give you a more stable trend compared to 1 minute chart. Here when you use the 5-minute chart, you can use the 20-day SMA or a 10-day EMA to create your intraday trading strategy. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

6. Best Moving Average for 15 Min Chart On the other hand, using the 15-minute chart, 20-days EMA is best suitable for a day trading strategy. When you use the 20-period EMA, the initial candlestick chart comes in contact with the 20 EMA, following the change in direction in the price trend. However, you can also use the high period moving average on the same chart for intraday. Best Moving Average for 1 Hour Chart Using the 1-hours chart for intraday trading can also give you the cues for the next few days. Here, you can use the combination of 50 and 20-day moving averages as per your lag-bearing capability. Using the 50-period EMA can tell you the support and resistance levels in the 1-hour time frame chart during the intraday trading. Compared to 20-day MA, 50-day period MA can give a better picture for formulating the next day's trading strategies. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

7. How to Use Moving Averages for Day Trading? Merely choosing the right duration period for moving averages would be not enough to make your intraday trading successful. Here, you need to formulate the right trading strategy that can give profits in trading and minimize the chances of losses. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

8. 5-8-13 MA for Buying the Stock Where to Enter into Trade: To enter into any trade, check if the 5-day SMA crosses the 8-day SMA and the 13-day SMA remains upwards. If all of them form an intersection at this point that indicates the price is going to move in an upward direction. For confirmation, if the next candlestick chart formation closes above the 5- day SMA indicating to creation of the buying position in the stock. At Which Point Use Stop-Loss: At the time of putting the stop-loss for this trade, you can choose the low of the bullish candle, and that can be trailed when the market moves as per your expectations. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

9. 5-8-13 MA Rules for Short-selling Where to Short in Stock: When the 5-days SMA crosses the 8-days SMA and 13-days SMA downwards and creates a point of intersection, then it indicates the price tends to move in at downward direction. Stop Loss for Short-selling: Here in the short-selling, you can use the high point of the bearish candle as a stop loss that can be trailed once the market moves as per your expectations. Exit Strategy for Short-selling: If you have used the 5-8-13 moving averages rules for short-selling, to exit from such trade, see the bullish candlestick if it is formed above the 5-day SMA line, because of the intersection of the SMA lines, You can exit or book the profit in the stock. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

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