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Thread: Using Moving Averages to determine support and resistance.

  1. #75
    Banned aum is on a distinguished road aum's Avatar
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    Moving average is good indicator but i only use Simple Moving Average(SMA) with different periods. I don't know about that how to find support and resistance levels by using moving average, i use it to find the trend direction.

    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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    Senior Member ali1011 will become famous soon enough ali1011's Avatar
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    Quote Originally Posted by vietnam View Post
    moving average is very good basic indicator I always use it to identify market trends and not to use it to determine support and resistance you can use BB to be able to identify support and resistance instead of using MA
    yes i agree with you that moving average is too good indicator for your trading position i also use this but its combination are also good for strategy its basic indicator if you have knowledge about this you can get easy profit throw this .

    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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    As my view moving average is very saving indicator because i also use this indicator and pass money movement this indicator my traders friends also old this indicator this termination is so neat and in relic or trader you can relaxed gas appraise flactuation.

    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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    I am not advisable old nigh any identify of touring averages eliminate the unsubdivided touching average and i use it vindicatory to see the trend and i too requisite to see the strength of the trend because it is the truly principal for coming the trades.

    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.


  5. #71
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    I think we had better decide for themselves when there is a support and resistance lines and trend to use because it tends to be more robust than using the moving average is slow motion

    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.


  6. #70
    Junior Member kalatim is an unknown quantity at this point kalatim's Avatar
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    but i am new to this identify the support and resistance thing, can you explain a little more about this subject it would be better. I am using Moving average indicators for identifying the trend in the given currency pair,

    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 kajole View Post
    I am not well familiar about any type of moving averages except the simple moving average and i use it just to see the trend and i too want to see the strength of the trend because it is the really important for closing the trades.
    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.


  8. #68
    Banned eddy is on a distinguished road eddy's Avatar
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    yes moving average is widely used by experienced traders to see the moving average trend is going to happen so that the trader will be able to predict whether this market is a market that a trick or market risk in price movements

    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 will show us dynamic support and resistence area
    so we can know where is ten price will be retreace...

    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 is a good indicator for those who wanna earn profit with good analysis and make huge profit in monthly.but i am learn about indicator from my master he teaching me how to use indicator for good profit and how to analyse .

    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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