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?
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?
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for a beginner like me, moving average is a very helpful indicator. not as a support and resistant. but, to do the open position. I tried using LWMA 9 close and open. then the filter I use SMA 18. if two lines are cut LWMA 9 SMA 18, that's a good time for entry. for TF M30. so far, the results are quite good.
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.
I've used it almost 2 months, the results are still not too big. because I have not been adept at using it. I'm sure with practice, then this could be an indicator of a good weapon to make a lot of profit.
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.
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.
moving average is generally used by traders to assist them in seeing the trend is going. ma cross is a form of trend changes. but when the market is experiencing a sideway, then the moving average can cross many times in a short time. so it does not show the real trend change.
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.
but we must also be aware of it's lagging nature. moving average actually only present the previous data, so if we set the period too big or too small, the effect on the moving average lines also will be confusing. so before using the precise moving average's period, we should try it with several setting. that way the support and resistance prediction will also more precise.
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.
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.
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.
Yes you are right because I think for scalpers determining the support and resistance has much more importance than any other things in the chart.And moving average gives a lot of ideas for the support and resistance.I always look at the moving average for determining the support and resistance.
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.
I definitely consider before deciding to enter the MA market. because it is important to avoid a fatal mistake. and MA is very critically important to know the shelf-term trend, I like the long-term trading so MA is helpful to determine the position of the OP.
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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