DislikedHi Nasca,
It means 200 Moving Average, sometimes you may see EMA (exponetial Moving Average) or SMA (simple moving average)
Hope that helps!
AntIgnored
Would the 200 be in as minutes?
Thanks
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DislikedHi Nasca,
It means 200 Moving Average, sometimes you may see EMA (exponetial Moving Average) or SMA (simple moving average)
Hope that helps!
AntIgnored
DislikedSorry, i was wondering if someone could quicky explain what, for example "200ma" means?
I hear this mentioned allot but it's something i have never come across.
I've tried google but no so luck!
Thanks in advance for any advice,Ignored
DislikedNo, years . Minutes is indeed correct.
Anything happen while I was away?
Might have to go into the games room and play a bit of pool and darts to take my mind of it. I am packed and ready to go! This train is taking ages to get our of the city!Ignored
DislikedAs it is quiet, I want to share the "big picture"
Price is driven by orderflow. The big boys look at the bigger picture and not at small retracement/continuations on the M15.
Attached you can see the big boys started to sell of at 53463, it passed 51807 without a hitch, the big boys continued to sell at 49649, a retracement occurred however the big boys continued to support the sell and added sell orders all the way to 51001 where the main orderflow continued down and broke 49649 at 48793 some profit taking took place but the order flow still...Ignored
DislikedNo, it is periods, so if you are using a 5 minute chart for example, you see each candle ( if you are using candle sticks ) takes five minutes to form, the 200 moving average takes the price average of 200 of those candles.
So if it was a 15 minute chart it would take 200 fifteen minute candles.
1 Hour would be 200 one hour candles etc...
Cheers,
AntIgnored
DislikedAs it is quiet, I want to share the "big picture"
Price is driven by orderflow. The big boys look at the bigger picture and not at small retracement/continuations on the M15.
Attached you can see the big boys started to sell of at 53463, it passed 51807 without a hitch, the big boys continued to sell at 49649, a retracement occurred however the big boys continued to support the sell and added sell orders all the way to 51001 where the main orderflow continued down and broke 49649 at 48793 some profit taking took place but the order flow...Ignored
Dislikedis there not a single bull in the room?
http://img267.imageshack.us/img267/6067/twocows1.jpg
even lion is going bear...Ignored
DislikedAs it is quiet, I want to share the "big picture"
Price is driven by orderflow. The big boys look at the bigger picture and not at small retracement/continuations on the M15.
Attached you can see the big boys started to sell of at 53463, it passed 51807 without a hitch, the big boys continued to sell at 49649, a retracement occurred however the big boys continued to support the sell and added sell orders all the way to 51001 where the main orderflow continued down and broke 49649 at 48793 some profit taking took place but the order flow still...Ignored
DislikedThis retrace has some bite to it and we may see the pivot again.
My bias for the day is still bearish, sub 48Ignored