Using Moving Averages to determine support and resistance.

[nurivasyarifah]

I'm sure this is brand-new thing personally simply because i did so certainly not look at this. I love to get the assistance in addition to amount of resistance upon a number of everyday time frame and love to buy and sell upon that. I'll appear for more information regarding it.

yuppz ... I use a lot of MA that available in the chart and combining of MA derivatives are then set it up with up to two or three Supreme Court so that we can find a point where we look at support and resistance and make it easier to enter or leave the market

[faria]

I'm sure this is brand-new thing personally simply because i did so certainly not look at this. I love to get the assistance in addition to amount of resistance upon a number of everyday time frame and love to buy and sell upon that. I'll appear for more information regarding it.

[shero]

moving average is a good indicator. but i use it only for long term trend recognition. for support and resistance i use daily pivot points , weekly pivot points and monthly pivot points. plus the major highs and lows of recent swing. and also some known points where price struggles.

could any member here explain pivot points briefly and with charts , I hope any proffesional trader opens a real work shop and gives us real signals on that system

[kajole]

Many traders use moving averages like 20HMA, 40HMA, 100 HMA, 20 DMA, 100 DMA etc. to find out support or resistance levels. And they are really important as these averages has deep impact on sentiments. Do you care to look at moving averages?

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.

[aamu]

I use a moving average to determine the entry point. not to determine the support and resistant. to determine the support and resistant, I use indicator Fibonacci pivots . I think this is pretty good.

[joru]

Moving average is very good indicator because i also use this indicator and make money throw this indicator my traders friends also used this indicator this result is so good and in favor or trader you can easy gas rate flactuation.

[abdul hamid p]

Basically it does because when we use it on 50 with H1 and 200 on D1 than it really works and it become easy to recognize the trend when we use moving average because it give simple and clear signal about resistance and support and we can getbenifit of that.

I just know this strategy, usually i used this indicator to see entry and exit signal ( short time ). I'll try your strategy and i hope it's also works for me. thanks

[sitiz]

moving average is a good indicator. but i use it only for long term trend recognition. for support and resistance i use daily pivot points , weekly pivot points and monthly pivot points. plus the major highs and lows of recent swing. and also some known points where price struggles.

True, it is an indicator moving averages is easy to use and relatively high levels of accuracy but is very good indicator to read the trend by knowing the direction of the trend, we can order the direction of the trend because the order against the trend is very dangerous for our margin of safety

[najaf12345]

Hi
its good to do manual checking of support and resistance level by using MA . but why bother if you can find a good site that do that for you for free? why i like to trade using
online indicators and not the mt4 indicators at least those online forecast was been done by the expert traders and at least theirs a weight on what hey are saying.
I am happy that i am earning good online in forex trading i am hoping that i can earn even more.

[aarti]

Yes moving average is good indicator. If you use moving average perfectly then you can get good entry and exit point. Some trader use moving average to identify trend. I also use moving average to identify trend.