I use moving averages for more than just
dynamic support and resistance Because it works!
Previous swing points, obvious supply and demand levels, relevant Fibonacci levels, trend lines,
dynamic support and resistance, etc... should be considered when taking these trades.
The reason these bounces occur is because Bollinger bands act like
dynamic support and resistance levels.
I do implement the 8 and 21 daily chart exponential moving averages for trend analysis and to see
dynamic support and resistance levels, note that I don't use them in the traditional «indicator cross-over» sense.
I use exponential moving averages (EMAs) on the daily charts to help with trend analysis and identification of
dynamic support and resistance levels.
This means no lagging indicators outside of maybe a couple moving averages to help identify
dynamic support and resistance areas and trend.
Many times these traders will also add moving averages to their charts for
dynamic support and resistance levels, or to help them determine the strength and direction of the trend.
This is why I teach traders to trade off a simple stripped - down, or indicator - free, forex price chart, outside of a couple moving averages which can be useful in identifying
dynamic support and resistance areas.
Not exact matches
You are going to want to apply the 8
and 21 daily chart exponential moving averages (emas) because price will often pull back to this
dynamic value or
support /
resistance area before moving on with the trend again.
Finding out more about the relationship between teachers» learning styles
and level of
resistance to change may help teacher education schools
and school leaders provide more appropriate assistance
and support, enabling schools to retain teachers who may have a harder time accommodating the changes involved in a
dynamic school context such as the one under investigation here.
I use the 8
and 21 daily EMAs for
dynamic support /
resistance,
and horizontal
support /
resistance levels are simply your classic technical analysis
support and resistance levels that connect highs to highs
and lows to lows.
You are going to want to apply the 8
and 21 daily chart exponential moving averages (emas) because price will often pull back to this
dynamic value or
support /
resistance area before moving on with the trend again.
In terms of EMA's, i may place these on the daily chart,
and this helps me find «
dynamic support /
resistance».