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Thread: Using Moving Averages to determine support and resistance.

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    Banned Sun-Moon is an unknown quantity at this point Sun-Moon's Avatar
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    Quote Originally Posted by moneymax View Post
    I rarely use moving averages to determine support and resistance. To determine support and resistance custom indicator that I use his name FiboPiv_v2 .. enough in there charts attach it to the later has seen the position of full support and resistance
    Most of time moving average uses for getting potential trading signal. There are two moving average use to get trading signal. One will be short period and another will be long period of moving average.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    support and the resistance is really very important for the investor. that will give you the concept of the market movement of the previous time. to find out support and resistance you can look the minute trading, day trading or the weekly trading.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by Sun-Moon View Post
    Moving average is very good indicator. It give diagonal support and resistance as we know. The bigger your moving period, the strong your support and resistance level.
    moving average will make us much benefit because degan will make a big difference in profit for traders because there is a diagonal support and resistance that's a good market

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by antosco View Post
    definitely, it is very important that we should know this that the bigger our time frame, the better the result of a support and resistance level. I don't know about moving averages, but I understand that if we use higher time frames, then we would get clearer picture of the chart.
    I do not understand your opinion, I think kalu TF we use this to view the movement of the larger trend of TF, the more visible the movement direction of the trend and it's become important for the control of the trader.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by Sun-Moon View Post
    Moving average is very good indicator. It give diagonal support and resistance as we know. The bigger your moving period, the strong your support and resistance level.
    definitely, it is very important that we should know this that the bigger our time frame, the better the result of a support and resistance level. I don't know about moving averages, but I understand that if we use higher time frames, then we would get clearer picture of the chart.

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    Moving averages are a measure of market sentiment. They provide a snapshot of the trend and how it is moving and noting the price of a currency in relation to the line can help to time a trade. Remembering that the trend is always your friend

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Moving Average indicator very cool and has many settings, not the number it
    Each frame is fit with the frame numbers are different from each other .. and of course the higher the frame used by the moving average was Aaadadata bigger deal the more strength and confidence in the success but requires patience on the large frame and the best moving average is 55 and 200 from my point of view

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    true friends, we are running in the forex business then we should jelih in the analysis before we begin to open up trade. so that we can benefit us in the forex business. apart from that we also have much to learn from the senior trader who already has a lot of experience in the forex business.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by Sun-Moon View Post
    Moving average is very good indicator. It give diagonal support and resistance as we know. The bigger your moving period, the strong your support and resistance level.
    yes this is one of the best indicators & best in the world of forex trading markets and many experts people can use it but if you want to get good profits with it you need to use mix with another good indicators .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned Sun-Moon is an unknown quantity at this point Sun-Moon's Avatar
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    Moving average is very good indicator. It give diagonal support and resistance as we know. The bigger your moving period, the strong your support and resistance level.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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