Tag: moving averages

A simple Fibonacci Swing trading strategy

A simple Fibonacci Swing trading strategy

Trading Strategies
Some of the most profitable and consistent trading strategies are often those that are simple. The simplicity of the trading system is what puts off many traders. But of course this is a general tendency where traders think that the more complicated a trading system is, the better it performs. The Fibonacci swing trading strategy is perhaps the most simplest of trading strategies that uses the most minimal of indicators (2 Moving averages) and the Fibonacci retracement tool. The strategy works best on the 4-hour timeframe and is ideal for swing trading with an average trading hold period lasting for atleast a week. Fibonacci Swing Trading - Chart Set Up For the chart set up, we make use of the H4 time frame with two moving averages plotted. 100 MA (which replicates a 20 period weekly...
Moving Averages – Everything you should know

Moving Averages – Everything you should know

Trading Indicators
The moving averages indicator is one of simplest yet widely used indicator across every markets including Forex, Futures and equities. It is one of the most popular indicator with many technical analysis relying heavily on the moving average. As the name indicates, the moving average indicator is nothing but a line that plots the average of price across the chart continuously. The average can be applied to Open/High/Low/Close or even to typical price, which is High/Low/Close or Median Price, which is High/Low and Weighted Close, which is High/Low/Close/Close. Moving Averages are used to not only gauge the trend of the underlying security, they also act as dynamic support and resistance levels. Therefore it is not uncommon to see prices stall near a moving average. The moving average ...
Forex technical indicators that are easy to use

Forex technical indicators that are easy to use

Trading Articles
Forex technical indicators that are some of the most simplest and easy to use technical analysis in forex include Trend links, trend channel, support and resistance and moving averages. By having a sound understanding of these forex technical indicators can go a long way when analyzing charts to place more successful trades. Technical analysis is nothing but the study of supply and demand in the forex markets, which is useful to identify the direction of the asset or in other words, identifying the trends in the forex markets. This in turn helps forex traders to identify trading opportunities by making use of the forex technical indicators. The success factor is primarily based on which forex technical indicators to use at a given moment and reflects on how experienced a forex trader is...