Moving Averages - simple and profitable!

FX:EURGBP   Euro / British Pound
130 0 13
I would like to write about such simple indicator like Moving Averages. Many traders use it and know everything about this indicator. But I'm writing mostly for those, who starts trading. Look at this sample chart. There is up trend and price going higher and higher every time when touches MA. These lines are perfect as support levels for up trends and resistance levels for down trend. MA also define the market conditions - if they are moves higher or lower one by one, we have trend, when they moves in different directions - it's flat. MA is very useful indicator. Use them in your trading systems and you will have clear signals for opening trades and huge profit on trending markets. I use MA with periods 20, 50 and 100 but you can use any periods you like. For confirmation reversals you can use MACD (H) and RSI . I wish you good luck and be green )
From 5000$ to 15000$ in 65 days of BTCUSD trading. An interview with my collaborator Oleg at Tradunity! Read it here: https://goo.gl/5FQU3X

Join TRADUNITY here: https://tradunity.com
Free Forex Signals: https://www.fxluxus.com
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out