- Forex traders look to the 200-day simple moving average to determine trend direction. - The Euro continues to trade above the 200-day simple moving average indicating that the trend is up. - The ...
Technical traders are confronted with many choices when it comes to which indicators to use in their trading. More often than not Forex traders, at one point in their career, turn to Moving Averages ...
A market trend is a propensity for prices to move in a particular path over time. These trends can be classified as long-term, medium, and short time frames. Many traders identify market trends using ...
In this lesson, we look at another technical analysis tool that helps traders to identify market trends: moving averages. The lesson includes a step-by-step exercise for you to practise setting MAs ...
In this video, I reveal my secret weapon for consistent trading success - the only indicator you need for trading after years of testing countless indicators, I've discovered that simplicity wins, and ...