《国际期货市场运作》课程教学课件（PPT讲稿）Chapter 11 Timing Indicators

Chapter 11 Technical Analysis:Timing Indicators

Chapter 11 Technical Analysis: Timing Indicators

MOVING AVERAGES A moving average is a simple mathematical manipulation of raw data that provides up-to- date or moving indications of market activity

MOVING AVERAGES A moving average is a simple mathematical manipulation of raw data that provides up-to￾date or moving indications of market activity

Dow Jones Industry Average Daily 11012002C=8517.64+120.610=8395.64H=8569.25L=8271.77 10000.01 9500.00 9000.00 8500.00 8000.00 7500.00 Jun Jul Aua sep Oct Created with uperCharts by Ome ga Research 1997

◼ Dow Jones Industry Average Daily

Multiple Moving Averages Many analysts have found that a single moving average is not accurate enough to use as a timing device,particularly in choppy markets

Many analysts have found that a single moving average is not accurate enough to use as a timing device, particularly in choppy markets. Multiple Moving Averages

Using the Moving Average Sell the long position Go long Long-term MA Go short Short-term MA

Go long Sell the long position Go short Long-term MA Short-term MA Using the Moving Average