Sunday, February 25, 2007

Forex Day Trading - Moving Averages (MA)

Forex Day Trading - Moving Averages (MA)

One of the most popular trading indicators..comes in various variations Exponential (EMA), Weighted (WMA), Simple (SMA) etc..

Moving Average

Moving Average has pluses and minuses. The Minus that it beforehand does not speak to you, that change of a trend has comes nearer. This technical indicator will help you to define, whether goes existing Trend and to confirm, when there was a change of a trend would. BeIt is useful to count moving average a curve of a trend. The line of a trend can serve for the same forex day trading purpose, as in the sense that she gives support during swing trend at top trend and resistance at the bottom trend. Lines of a trend to change is the main advantage of average sliding above a lineTrend ability of the first is to combine more than oneAverage sliding line for generating additional тор use of the technical indicator.

In the next post we'll go though the next Moving Average..

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