Hi mate, not sure what you mean with " 10/40 sma, but I will let you in on a nice little secret of mine which serves me well, check this out.
I use a moving average system, 5 & 9 ema cross over of the 20 sma, look at the power this generates and the potential income from it.
Its pretty simple really and anyone on this thread can do it with a bit of understanding and practice, as long as the 5 & 9 ema is above the 20sma, then you are in the game, but when its starts to drop below the 20sma, then you are out.
Its a very successful system and it works and is repeatable all the time.
If you want to know and learn more, do what I did, go to YOUTUBE and type in Raymond Teo and watch out for his moving average tutorial, he is a modern trader and very successful.
imo
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $8.134M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $15.79K | 5.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 19752468 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 21802270 | 12 |
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| MRQ (ASX) Chart |