+ Reply to Thread
Page 84 of 89 FirstFirst ... 34 74 82 83 84 85 86 ... LastLast
Results 831 to 840 of 885

Thread: Using Moving Averages to determine support and resistance.

  1. #55
    Member budado is on a distinguished road budado's Avatar
    Join Date
    Apr 2012
    Posts
    636
    Thanks
    0
    Thanked 32 Times in 23 Posts
    SubscribeSubscribe
    subscribed 0
    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? That's why I like to trade using online indicators and not the mt4 indicators at least those online forecast was been done by the experts traders and at least theirs a weight on what they are saying. I'm happy that I'm earning good online in forex trading and I'm hoping that I can earn even more.

    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.


  2. #54
    Senior Member Nabi Ahmed Gill is a jewel in the rough Nabi Ahmed Gill is a jewel in the rough Nabi Ahmed Gill is a jewel in the rough Nabi Ahmed Gill's Avatar
    Join Date
    Mar 2012
    Posts
    1,022
    Thanks
    0
    Thanked 310 Times in 129 Posts
    SubscribeSubscribe
    subscribed 0
    Quote Originally Posted by yogesh View Post
    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?
    moving average ak acha or best indicator ha lakin es ko long term main used karan sa problem ho sakti ha es laya main to ap ko yahi kanahon ga ka ap apana indicator set karan or ak ya doo indicator par dailay pratice karan or zada sa zada profit earned karana,

    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.


  3. #53
    Banned netra will become famous soon enough netra will become famous soon enough netra's Avatar
    Join Date
    Sep 2011
    Posts
    1,460
    Thanks
    2
    Thanked 131 Times in 93 Posts
    Well I do use Moving Averages and consider it before my trades and also there is another powerful indicator that is MACD and if they are used on higher time frame charts then they are good to trade based on support and resistance levels .

    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.


  4. #52
    Member bhai is on a distinguished road bhai's Avatar
    Join Date
    Apr 2012
    Posts
    435
    Thanks
    0
    Thanked 12 Times in 11 Posts
    SubscribeSubscribe
    subscribed 0
    yaar ye main ne bhi moveing average indecator k barey main kafi sona ha par mugh ko sahi baat ha es k barey main zara sa bhi pata nahi ha app plz es k mutaliq koi or informations houn to zaror share karen mugh se main app ka bahot shuker guzar houn ga

    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. #51
    Member dineshji is an unknown quantity at this point dineshji's Avatar
    Join Date
    Apr 2012
    Posts
    418
    Thanks
    0
    Thanked 8 Times in 7 Posts
    SubscribeSubscribe
    subscribed 0
    if an indicator will be used by much traders it means they will work better.what moves the price is the decision of the traders.so if the majority of the traders will act based on the signals from moving averages then they will work.based on my own experience moving averages works well with big time frames like 1 hour 4 h and 1 day.with lower time frames they can generate wrong signals since the signals speed is very slow.

    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. #50
    Member dineshji is an unknown quantity at this point dineshji's Avatar
    Join Date
    Apr 2012
    Posts
    418
    Thanks
    0
    Thanked 8 Times in 7 Posts
    SubscribeSubscribe
    subscribed 0
    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.


  7. #49
    Member ashwini is a jewel in the rough ashwini is a jewel in the rough ashwini is a jewel in the rough ashwini's Avatar
    Join Date
    Dec 2011
    Posts
    958
    Thanks
    2
    Thanked 258 Times in 80 Posts
    SubscribeSubscribe
    subscribed 0
    haan yeh sahi hain.. ki hum moving average se bhi support aur resistance jan sakte hain.
    jaise ek simple funda hain.
    agar ek naya candle moving average line se ek gap deke open karta hain. to price level back karke .. kam se kam moving average ke line tak atahain..
    jaise example..
    up ward market jaa raha hain.. naya candle .. moving average line se gap main open hota hain. to woh down ayaega..
    aur agar downward maket main .. naya candle.. moving average line se gap main close hota han .to up ayega aur uss moving average line ko hit karta hain.

    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. #48
    Member babu is on a distinguished road babu's Avatar
    Join Date
    Apr 2012
    Posts
    459
    Thanks
    0
    Thanked 14 Times in 11 Posts
    SubscribeSubscribe
    subscribed 0
    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.


  9. #47
    Member ritesh is on a distinguished road ritesh's Avatar
    Join Date
    Apr 2012
    Posts
    507
    Thanks
    0
    Thanked 20 Times in 14 Posts
    SubscribeSubscribe
    subscribed 0
    yes 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 and friends also used this indicator this result is so good and in favor or trader you can easy gas rate 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.


  10. #46
    Senior Member atif58 is a jewel in the rough atif58 is a jewel in the rough atif58 is a jewel in the rough atif58 is a jewel in the rough atif58's Avatar
    Join Date
    Nov 2011
    Location
    Lahore, Pakistan
    Posts
    2,188
    Thanks
    9
    Thanked 320 Times in 115 Posts
    SubscribeSubscribe
    subscribed 0
    Quote Originally Posted by gava View Post
    this is a new thing for me in forex trading.i didn't hear anything about this.shall i know what is support and resistance.is moving average an indicator?is it good to refer it?
    Support and resistance are price levels on which the price is pulled back and they may be possible resversel levels. These levels shows difficulty to break.
    Support level is the level where price shows difficulty to go downward and Resistance is a level from where price shows difficulty to go upward.
    And yes Moving average is an indicator and is used by many 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.


+ Reply to Thread
Page 84 of 89 FirstFirst ... 34 74 82 83 84 85 86 ... LastLast

Subscribe to this Thread (1)

Open

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Currently Active UsersCurrently Active Users

There are currently users online. members and guests

Forex Forum India | Forex Community Place Statistics Forex Forum India Statistics

Most users ever online was .

Welcome to our newest member,

Threads:

Posts:

Member: