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Strategies & Market Trends : Swingtrading - Tricks of the Trade

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To: Brandon who wrote (41)	10/4/1999 10:39:00 PM
From: Brandon	Read Replies (1) of 551

MOVING AVERAGES Moving averages tend to serve as great levels of support in the context of an uptrend. For the purposes of my trading I use the rising 10 day, 20 day and 50 day simple moving averages. Strong up-trending stocks tend to bounce off of rising moving averages. When we see the Core Swingtrade Setup, and the pull-back has brought the stock back to a rising moving average this greatly increases the accuracy of the setup. Should this moving average also occur at an area of minor price support, as previous discussed, the odds are even better. Brandon www.mtrader.com/swingtrade

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