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Post# of 47295
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Wizetradr

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Alias Born 04/14/2005

Wizetradr

Re: None

Friday, 09/08/2006 5:01:06 PM

Friday, September 08, 2006 5:01:06 PM

Post# of 47295
5/10/20 Timeframes....

When looking at a daily chart, be it 1 day, 1 month or one year, the daily chart will reflect one days worth of trading. So a 5 ma on a daily chart is the average of the last 5 days of trading.

When looking at a weekly chart, be it 1 day, 1 month or one year, the weekly chart will reflect one weeks worth of trading. So a 5 ma on a weekly chart is the average of the last 5 weeks of trading.

When looking at a minute chart, be it 1 day, 2 day or 15 day chart, the minute chart will reflect one minutes worth of trading. So a 5 ma on a minute chart is the average of the last 5 minutes of trading.

I hope that clears it up.


WT

"Everyone has genius in them, you just need to find out what it is" Robert Kiyosaki
http://www.investorshub.com/boards/board.asp?board_id=4809





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