thank you and you have a good point but i use 3 and 7 for my moving average settings keeping it close avoids the time delay .but this stratergy must be incorpereted into the bigger picture ie the trend direction
I have traded forex for over 8 years, and the most important lesson I’ve learned is that simplicity always wins. If you can’t succeed on a demo account, you stand little chance of making consistent profits in a live one. One of the simplest and most effective methods I use is the moving average...
9 Key Points Every New Forex Trader Must Know
1.
Forex (foreign exchange) is a decentralized global market where currencies are traded. It operates 24 hours a day, five days a week, and is influenced by geopolitical events, economic data, and central bank policies.
2.
Currencies are traded in...