How I Use Moving Averages to Find Strength and Reduce Risk
In this video, Joe Rabil presents the way he uses moving averages to find trend strength, identify support, and reduce risk using the 18- and 40-SMAs across multiple time frames.
Joe starts by explaining why he prefers simple moving averages for this approach and why the slope and spacing between the 18 and 40 matter. He then uses those lines to define uptrends and downtrends, recognize stronger trends when the moving averages move at similar rates, and distinguish trend support from price support. His strategy comes together by lining up higher and lower time frames, using the 40 as a trigger or support reference on the smaller time frame to improve timing and manage risk more tightly.
You can view previously recorded videos from Frank and other industry experts at this link.
