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I saw the MA being mentioned in the blog for today. Which MA is best to use on the daily chart for daytrading? The 5 day SMA seems to give a decent gauge of that given day when I put it up on the daily. Just curious thoughts.
Sup Dude,
I use the 20 EMA and the 200 EMA on daily. The latter because so many other traders and institutions look at it. Here's ES since Jan and the 200 EMA has been respected a few times already. Hope this helps.
Cheers,
CH
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