Moving averages

Discussion in 'Technical Analysis' started by CollegeTrader, Jan 27, 2010.

  1. I find MAs not very good in telling me what trade to put on and where. But they are usually good in telling me what not to do. In other words, they don't help me making smart decisions, but keep me from making dumb ones when I listen to them
     
    #21     Jan 28, 2010
  2. 1) Widely used doesn't mean it has any value.
    2) Those who use moving averages want the market to follow the moving average when in fact "it's the other way around". The moving average "confirms", "after the fact", what has already occured in the market.
    3) When have you ever met anybody who bragged about the money they made with a moving average based system?.....Never. :D
     
    #22     Jan 28, 2010
  3. spd

    spd

    Exactly.
     
    #23     Jan 28, 2010
  4. If you want predictions...go to a fortune teller...

    EMA 's can be useful if applied correctly..

    Not a great fan though.


    NiN
     
    #24     Jan 28, 2010
  5. Great post.
     
    #25     Jan 28, 2010
  6. BSAM

    BSAM

    Please refer to your own post on page 2 of this thread. (1-27-10 @ 7:02 P.M.)
     
    #26     Jan 29, 2010