actually the moving average is not such a bad indicators to be used by the forex traders reason being forex is a very bing industy and an indicator as simple as the moving average does show entry points end exiting points .
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actually the moving average is not such a bad indicators to be used by the forex traders reason being forex is a very bing industy and an indicator as simple as the moving average does show entry points end exiting points .
Certainly that there are so many trends in the forex trading and moving averages is the one of them so if you understand the moving averages as then ypu getted as [prtofit and if not ythen trade with your own miond and get profites !
Moving avaerages are also important as these levels are important so you must have to check out for those levels so that you can avoid the wrong trade and place the proper trade to gain good income.
My friend moving average is very important tools for knowing the trends of the market and we have to understand that if a low timeframe moving average crosses the high time frame moving average means trend is changing.
Moving averages are very much important while trading as you will able to know support and resistance level so try to place trade at that levels so that you can create good income from your trade.
I have learn thie moving average very deeply and my senior have practical guide me this indicator and also RSI indicator both are very very effective for the forex marekt and veyr easy to use
sub say behtreen aur achi jo strategies is wakt mojod hain woh yehi hain k jo hum yaha pay use kar sakty hain aur jiss pay hum samjh sakty hain k humaray lye jo best hai sub traders he is baray me apnay khalat dekh pae gay.
trading karne ke liye moving average bahut achha indicator hota hai agar hume achhe se moving average ko samjhjate hai to fir hume market me trading karne me koi dikkat nahi hogi aur hum ess market me bahut achhese trade laga sakte hai.
Moving average is nothing but a average price of past N periods and it does always be trade with the help of other filters as support and resistance of fibonacci and also strong breakouts as they alone are not helpful as ranges are the worst scenarios that a moving average can post so many false signals ad that is when we get sick of using moving average.
I am also using moving averages in my system and it is very effective specially the Exponential moving average crossover system.i also prefer to use moving average because it gives good signal some times and this indicator can use new trader easily because understanding the moving average is very easy one.