It takes average of the price for the duration we want.
So 10 days moving average means an average price of 10 days closing price.
Common types of Moving Average:
Simple, Exponential, Weighted.
Use only one type in your trading setup.
2/10

#IEX (daily chart)
— Yash Mehta (@YMehta_) May 27, 2021
Setup:
~ 50 ema support
~Fibonacci 23.6% support
The latest candle is a hammer and sort of bullish reversal candle.
CMP: 352.7
Looking good for upside with stop loss 342.
.@chartmojo .@Arpit1223 pic.twitter.com/dOE7aB7uJH
Thread on Finding Entries.
— James Lefaith aka Jimmy Momo (@JamesLefaith) June 15, 2021
Firstly you have to be able to identify and area of value for an add.
NEVER BLINDLY BUY\u203c\ufe0f
ALWAYS BUY AT A KEY LEVEL OF SUPPORT, CONFIRMATION & OR IN SOME INSTANCES EVEN AT A BREAK OF A RESISTANCE LEVEL
\u203c\ufe0fThis is how you do that
RISK MANAGEMENT THREAD
— James Lefaith aka Jimmy Momo (@JamesLefaith) June 17, 2021
Bookmark this; it\u2019s important.
This thread will help you exit (Mostly) EVERY TRADE GREEN but MOST IMPORTANTLY will help you mitigate risk.
HERE is some proof. pic.twitter.com/RNFJtOqJ9C
\U0001f90dThread on My Support & Resistance System\U0001f90d
— James Lefaith aka Jimmy Momo (@JamesLefaith) June 19, 2021
This Thread Will Help you guys identify favorable, highly profitable, quick and smart money decision areas to add for your entries.
This Thread was requested by my good friends @DevTrades21 and @jessasecond1. Give Them a Follow
EVERYONE Here\u2019s the moment we\u2019ve been waiting for, Here is the TOS study based on my candle system.
— James Lefaith aka Jimmy Momo (@JamesLefaith) September 12, 2021
Script created by @richard_the_red everyone give him a follow & thank him for putting in the time. We really hope you all enjoy it & put it to good use https://t.co/0hzRfQ3uGg
SGX in -320 Pts
— Sarah (@TheCosmicTrader) August 19, 2021
Look at CPR of NF basis open & close, something unusual happened yesterday which didn't happen in last few trading sessions
If you can see above in chart, you will realize CPR is not an indicator, it is market sentiment
It's time for a short webinar