I don't understand why there are so little likes & views for these valuable videos, other people are charging thousands of dollars and they still won't teach you anything here you are getting everything for free. thanks, Dave for all you are doing
Dave, on one of your shows you recommended the book Smarter Investing in any Economy by Michael J. Carr. I purchased the book and just started reading it. Its a great book! Thank you for the recommendation.
Great video. So If you're buying off the 50 or 200 daily mas the question would be what above moving ave did you get out at? I.e. If you're exiting at the 10 or 20mas for 50 ma buy backs. Or, are you exiting at the 50 ma for a 200 ma reentry.
Great questions! I tend to think of pullbacks to moving average support as oppys to layer in, that is, accumulate more shares of strong charts. More to come on this! D
This is great, thanks for posting! I've been struggling with the 5 and 12 data EMA, this seems more reliable. Is the 50 and 200 be as effective for forex trading?
If you're looking for tabular data for Excel or something, this is a common feature of institutional platforms like Bloomberg, Reuters but unfortunately not common for retail products. I know some platforms like Finviz allow you to download data tables into Excel. D
When I pull the 5 min chart for NVDA, the price is below the 50 SMA (bearish). But for 1 day chart, the price is above 50 SMA (bullish). Wonder how to interpret this discrepancy ?
So it's actually a 200-period MA, so if you change from daily to weekly, you're going from a 200-day to a 200-week MA. That's why I use the 40-week MA on my weekly charts! D
Moving averages are adjusted by periods which are determined by the time frame used. Therefore, if you change the time frame, you change the period which changes what the indicator shows. On the 1-day time frame, a 50-period moving average will show the average closing prices for the last 50 days. On a 1-minute time frame, a 50-period moving average will show the average closing prices for the last 50 minutes. It doesn't even have to be closing prices as you can sometimes set it to average price or opening price. If you are using ThinkOrSwim, one thing that messed me up early (it was the first charting platform I used) was how it would say "1 day, 1 minute" time frame, "6 month, 2 hour" time frame, etc. The first part doesn't matter. A "6 month, 1 minute" time frame on TOS or a "1 day, 1 minute" time frame are stilI both using the 1 minute time frame. It didn't help that when I first started learning, I was watching Charlie from Zip Trader who didn't bother to point that out and gave the impression a "1 day, 1 minute" time frame was different than a "2 year, 1 minute" time frame. They are not different. The only difference is the 2-year shows data for the 1-minute chart for the past two years while the 1-day only shows the 1-minute chart for the day. They are both just the 1-minute chart.
I don't understand why there are so little likes & views for these valuable videos, other people are charging thousands of dollars and they still won't teach you anything here you are getting everything for free. thanks, Dave for all you are doing
Happy to help Kamal! D
Thank you for a clear presentation of the 50 and 200 day moving average and their significance.
Happy to do it and thanks for watching! D
Excellent. Nice and clear. Who can deny the usefulness of technical analysis.👍🏻
A very important part of a holistic investment approach. 100% agreed!! D
Straightforward and sensible.
I have informed my wife that I am both of these things. She would beg to differ. D
Hi, thanks for this video.
Thanks so much for watching! D
Nice explanation on how bullish and bearish trends
Thanks so much! D
Thanks Sir
Thanks for your time 🎉🎉🎉🎉🎉شكرا لكم 💐🍁🍂🏖️🌴🎣🪁🛶⛵⛴️🛩️🎯🛫🚢🪁
Appreciate the watch! D
Dave, on one of your shows you recommended the book Smarter Investing in any Economy by Michael J. Carr. I purchased the book and just started reading it. Its a great book! Thank you for the recommendation.
Mike Carr's book was well done and really helped me think about different ways to measure RS. Glad you're enjoying it! D
Thankyou
Thanks so much for watching! D
Great video. So If you're buying off the 50 or 200 daily mas the question would be what above moving ave did you get out at? I.e. If you're exiting at the 10 or 20mas for 50 ma buy backs. Or, are you exiting at the 50 ma for a 200 ma reentry.
Great questions! I tend to think of pullbacks to moving average support as oppys to layer in, that is, accumulate more shares of strong charts. More to come on this! D
This is great, thanks for posting! I've been struggling with the 5 and 12 data EMA, this seems more reliable. Is the 50 and 200 be as effective for forex trading?
For short-term trading, you definitely want to use lower periods for the MA. But the approach is similar! D
@@DKellerCMT Thank you!
Excellent explanation. Can these moving averages be used for mutual funds or are they only for individual stocks?
Yep they work great for mutual funds as well! D
@@DKellerCMT Thanks
What is good source of data for 30,50 or 200 day SMA. EMA etc ? not charts
If you're looking for tabular data for Excel or something, this is a common feature of institutional platforms like Bloomberg, Reuters but unfortunately not common for retail products. I know some platforms like Finviz allow you to download data tables into Excel. D
When using the 50 and 200 day MA is it best to view in a 1 min, day, week, month chart?
Very good question. I use 50-day and 200-day MA on daily chart, 40-week and 150-week on weekly charts. Use the right MA for the right time frames! D
@@DKellerCMT Thank you so much, that is really helpful.
Neither is better or worse. Depends on the asset, interval, lookback duration, etc.
Very much depends on what questions you are trying to answer! D
When I pull the 5 min chart for NVDA, the price is below the 50 SMA (bearish). But for 1 day chart, the price is above 50 SMA (bullish). Wonder how to interpret this discrepancy ?
Different time frames can yield very different results! Focus on the most important time frame for your investment horizon. D
The trend is your friend. What I especially like is when the 50 day is above the 150 day which is above the 200 day, aka backwardation.
Long and strong with that sort of moving average configuration! D
Why does the 200 day ma seem to change when I switch the time frame of my charts?
So it's actually a 200-period MA, so if you change from daily to weekly, you're going from a 200-day to a 200-week MA. That's why I use the 40-week MA on my weekly charts! D
Moving averages are adjusted by periods which are determined by the time frame used. Therefore, if you change the time frame, you change the period which changes what the indicator shows. On the 1-day time frame, a 50-period moving average will show the average closing prices for the last 50 days. On a 1-minute time frame, a 50-period moving average will show the average closing prices for the last 50 minutes. It doesn't even have to be closing prices as you can sometimes set it to average price or opening price.
If you are using ThinkOrSwim, one thing that messed me up early (it was the first charting platform I used) was how it would say "1 day, 1 minute" time frame, "6 month, 2 hour" time frame, etc. The first part doesn't matter. A "6 month, 1 minute" time frame on TOS or a "1 day, 1 minute" time frame are stilI both using the 1 minute time frame. It didn't help that when I first started learning, I was watching Charlie from Zip Trader who didn't bother to point that out and gave the impression a "1 day, 1 minute" time frame was different than a "2 year, 1 minute" time frame. They are not different. The only difference is the 2-year shows data for the 1-minute chart for the past two years while the 1-day only shows the 1-minute chart for the day. They are both just the 1-minute chart.
I used think or swim platform or Tradingview...can't I use your concepts in these platform.
I would humbly suggest that StockCharts is an optimal platform for technical analysis! :) D
What is different between 50 200 ema vs 50 200 sma how's work please ?
Great question! Here's a video comparing SMA to EMA: th-cam.com/video/IPKj6o_sfs0/w-d-xo.html D
@@DKellerCMT thanks so much for your respond
Where do you put your stop loss??!!
For me, I'm a big fan of the Chandelier exit, based on ATR. school.stockcharts.com/doku.php?id=technical_indicators:chandelier_exit D
What if I add 20 day between 2 or 3 moving average which is the best ?
Very good question. Was just talking to Grayson Roze about the 20-day EMA as a short-term complement and will do more on this! D
@@DKellerCMT Thanks for let me know
Let me save you some time. The answer is it depends on what YOU want to do and what works best for a particular security. 11:16 of the video.
Definitely depends on your time frame and your approach, 100%! D
Our emotions.. better
Investing is all about keeping your emotions in check! D
I use a band of 200, 100, 50 & 20.
I get the logic of that for sure! And with four MAs you start to see shapes in the moving average "ribbon" D
@@DKellerCMT I combine this with stochastics for determining momentum too...
your analysis is 100% correct��, I hope, I will be like you one day
I wish it was even close to 100% accurate! But thanks for the kind words! D