In general. I use fibonacci numbers, why for luck??
1, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc
now 5-21 is short term and 34 to 89 is intermediate, >89 long term on daily basis. So the periods you use set your trading horizon why not let your view of trading set them. Look at a stock you are interested in or own. Decide what you feel good with. Get itchy at 2 weeks, or you want long term gains. now apply indicators, what do they tell you about stock? What fits you? what fits me or dave might not be your way.
Just not sure? well try 21 or 34 for majority. |
