Forex Bible Trading System : Using The 50 Day Moving Average In The Stock Market - As your stock moves up in price, There is a main line you require to watchhis is the 50-day moving averagef your stock stays above it, that is a great signf your stock drops below the line in heavy volume, watch out, there could be trouble ahead 50-day moving average line takes 10 weeks of closing price data, and then plots the averagehe line is recalculated efairlydayhis will show a stock's expense trendt can be up, down, or sidewaysou normally should only obtain stocks that are above their 50-day moving averagehis tells you the stock is trending upward in priceou always require to trade with the trend, and not against itany of the world's greatest traders, past and present, only trade or traded in the direction of the trendhen a successful stock corrects in price, which is normal, it may possibly drop down to its 50-day moving averageinning stocks normally will find support over and over again at that lineig trading institutions such as mutual funds, pension funds ... [Read More - Forex Bible Trading System]
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