Breaking down the most popular (in our opinion) free trading tool that traders use, the 21 exponential moving average (EMA) -- also known as the daily mean.
All stocks do is move away from, or back to, the 21 EMA.
Most big moves tend to start at the 21 EMA, so we can use this level as a starting point for our trades – because stocks always come back to the mean.
—————
Why trade alone when you can access over 100 years of trading experience right at your fingertips? Simple strategies, proven tools, real-time alerts and an interactive trading community await. Keep it simpler with Simpler Trading.
Want advice from our traders sent straight to your inbox? Check out our newsletters! https://bit.ly/3wixSMt
Our website: https://bit.ly/3aFYUoS
Follow us: https://www.facebook.com/simplerofficial/
https://www.instagram.com/simplertrading/
https://twitter.com/simplertrading
#SimplerTrading #DayTrading #MarketUpdates
All stocks do is move away from, or back to, the 21 EMA.
Most big moves tend to start at the 21 EMA, so we can use this level as a starting point for our trades – because stocks always come back to the mean.
—————
Why trade alone when you can access over 100 years of trading experience right at your fingertips? Simple strategies, proven tools, real-time alerts and an interactive trading community await. Keep it simpler with Simpler Trading.
Want advice from our traders sent straight to your inbox? Check out our newsletters! https://bit.ly/3wixSMt
Our website: https://bit.ly/3aFYUoS
Follow us: https://www.facebook.com/simplerofficial/
https://www.instagram.com/simplertrading/
https://twitter.com/simplertrading
#SimplerTrading #DayTrading #MarketUpdates
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