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GoldWTcal

Moving averages on 60 minutes, 30 minutes, and 15 minutes charts

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Good day,

A question about the moving averages that experience day traders normally use on their 60 minute, 30 minute, and 15 minutes charts. ( I am talking about stock trading only )

1) first of all, do you actually use 60 minute, 30 minute, and 15 minutes charts or not when you day trade ( during the trading hours )? I know many people use 5 minutes and 1 minute chart no question.

2) what moving average ( SMA or EMA or else ) do you use on 60, 30, 15 minutes charts? I know typically people use EMA 200, EMA 20, EMA 9 on short time frame ( 5 minutes and 1 minute).

Thanks

 

 

Edited by GoldWTcal

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14 hours ago, peterB said:

1) yes and many people do, but there is not right or wrong its a trading style question

2) same as above, it differs from person to person. i use 200SMA 50SMA 9EMA 20EMA

Thanks, Peter.

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