wizardalltime

HI EVERY BODY , this is a comparison between trend line and moving average on targeting of mid term positions . first a quick review about each. the trend line : - What Does Trendline Mean? A line that is drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. in my opinion : trend line on daily frame if you draw it on a a right way can be your target but it`s moving so you must check it daily . second the moving average : - What Does Moving Average - MA Mean? An indicator frequently used in technical analysis showing the average value of a security's price over a set period. Moving averages are generally used to measure momentum and define areas of possible support and resistance. in my opinion : using moving average in trend reversing signals specially moving average 50 give a 66% approximately percent of real reversing signal the difference in :- in terms of a down trend to be broked in trend line all time it`s going down no mattre the price so it will give you signal first and before the moving line 50 (ex.) but the moving is affected directly with the increase in price which will make the moving missing 60% of the win buy position. thanks every one ......