Study Moving Averages!

[jimloveski]

Moving averages is one of the most popular indicator. It has many adventages. You can combine it with any other indicator. MA is also a support and resistance level which is very useful. For example EMA 75 & EMA 85 are great S&R levels at 1H chart . Try it- it really works

[deepak]

moving averages give very good signals.since the logic behind moving averages is it shows us the average changes between the prices with in that time frame so it gives as a signal or idea that price is going to change.all we have to is to watch the daily pivot and also support and resistant line then we can have good trades.

[cozard007]

I have truly worked with many indicators in forex trading , but i will always say that moving averages are still the simplest and the bets in forex trdaing, that of 5ema and 10sma is still the bets i have got.

[Gurufx]

Moving average is one of the old and traditional indicator and it can be used in a number of ways to make it count for out trading. I am also using moving average in my system and it is very effective.

I am sure in any indicators not just Moving Average,.! knowwell in your indi is important, lack of knowledge is one of the main reasons your fail. I think having no knowledge is more dangerous than having wrong knowledge. inadequate knowledge is most dangerous for the traders and it is the main cause of forex losses.

[hendarto]

There are many strategy in this forex trade. from this moving averages is one of the old and important indicator. I always use this indicator for well doing my business.

yes, very nice moving average indicators to help analyze, may be additional indicators that combine a little better in the analyzes. because I think the only indicator of a lack of sufficient, but if too much is not good.

[tanvir1979]

thanks for your comments. I am also agree with you. I am a new trader in Forex and I am using moving average indicator in my trade. I feel moving average is one of the recognized indicator and it reflects the important fluctuation of the market.

[sgiant]

The information in this thread helped me to understand the moving average. I hope the master adds a better material here.

[khanam liza]

Moving Average is very effective indicator to used in ur trade many trade used this indicator bcoz it's very easy and simply to used.SMA and EMA is commonly used in forex trade.

[mmja2003]

I also think Moving average is very useful in technical analysis. I used many indicators, most of them are move with the market trend and making profit following was impossible for me. But now I only use Moving Average. I use crossing EMA to SMA with 5 minutes time frame most of the time. Yet I need more study on it.

[newentry]

for the first time i did trade, i used moving average, i knew that this is very simple to use and understand , and also i improved with using it, i use three MAs and they works with well, but sometimes i felt hard to reduce the risk, and especially at breakout position