Question: This question comes from a complete beginner, trading full-time approximately 3 months. I found that the 200, 100, and 50 day moving averages are not very useful on my intra-day charts (1 and 5 minute) as a trade entry point. What is everyone’s thoughts are having shorter times for the moving averages on the intra-day chart, such as 5 day moving average or 10 day moving average. Any general thoughts on moving averages would also be very helpful to a novice like myself.
September 27, 2022