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Moving Average & MACD

Discussion in 'Technical Analysis' started by chjr12345, May 25, 2012.

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  1. chjr12345

    chjr12345 New Member

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    Hi,

    1. What type of moving averages to be used for intra day and What shoudld Average period, Short Period and Long Period.
    2. Doses RSI is applicable on Intra day?
     
    chjr12345, May 25, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes both can be used for intraday but I don't prefer using mathematical patterns only and I prefer the price action strategy more like formation of W's and M's and understanding the support with bounces.
     
    shabbir, May 26, 2012
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  3. chjr12345

    chjr12345 New Member

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    thanks.
    Do the have any relevance in intra day or not?
     
    chjr12345, May 26, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Yes they do have when used the right way.
     
    shabbir, May 26, 2012
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