Moving Averages Strategies. The simple moving average is probably the most basic form of technical analysis. Even hardcore fundamental guys will have a thing or two to say about the indicator. A technical analyst must be careful to avoid analysis paralysis because there is an unlimited number of averages and time frames you can choose from. Above is a play-by-play for using a moving average on a daily chart. In the Above Idea, we will cover staying on the right side of the trend after placing a long trade.