If you are a long term trader, you can use SMA with period of 200. It is really profitable but you will need to wait days or week to open or exit a trade.
But i'm a scalper i use value less than 75.
If you are a long term trader, you can use SMA with period of 200. It is really profitable but you will need to wait days or week to open or exit a trade.
But i'm a scalper i use value less than 75.
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 think, I use H4 charts to trade and always use SMA 200 to identify the trend.200 SMA gives you a very clear identification of trend as it calculates moving average of closing prices of last 200 periods that's why relying on it can give better and better results. But do not use it alone , i use colored MACD as a filter with 200 SMA to determine the trend.
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.
200 SMA gives you a very clear identification of trend as it calculates moving average of closing prices of last 200 periods that's whay relying on it can give better and better results. But do not use it alone , i use colored MACD as a filter with 200 SMA to determine the trend.
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.
Are you believe me if I told you that the 200 simple moving average is the core and the beating heart of my strategy but you have to take care when you using it because you can't rely on it alone you need some filters to take a good decision.
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.
Me too i have seen allot of professionals use the 200 sma to determine the trend ( near term trend ) of a currency or stock . its very important and closely watched because its very or has a very huge impact on the currency . basically its were bull and bear fight is won !
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.
Hi guys.
Have you ever checked the forex analysis from the prefesstional traders in forex?
have you ever seen the 200 SMA in the trend line there?
What do you think about 200 SMA? Is it so important for us every trader in forex?
I have found most professtional trader will say that the pair is under the 200 SMA pressure.We need to stare at this line?And so many questions about 200 SMA?
What about You?
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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