DislikedHello Neo, it's an interesting point about the 200 ma. I know it's a popular choice, but i remember being told that it was used more commonly in stock and commodity markets, rather than fx. How true that is, i'm not sure.
On my daily charts i use 20 and 50ema's, and also have the 100 and 250, which is the weekly 20 and 50 obviously. This just helps me gauge the longer term trend, without having to toggle back and forth between screens.
Obviously a trader should use the ma's he is personally comfortable with, i guess you could make a case for any...Ignored
I used to use the 100ma and I have found that it is very similar to the 200ema...but lower than 100 is too tight for me...since I don't trade MA crosses.
Kind Regards
Sentiment: Short on cash. Long on hope.