The moving average is one of the most prominent indicators in the Forex market. The majority of the elite traders rely on the moving average to find the potential trade signals in the market. But if you do so some research, you will be surprised to know that very few traders know the proper way to use the moving average. Most of the retail traders mess things up and loses a significant of capital while using the indicators.
Skilled traders always suggest the novice traders learn the proper use of the moving average in the demo account. You might be new to this market but once you start exploring the important details, you can trade this market with a high level of precision. Now let’s see some of the hidden functions of the moving average.
Dynamic trading levels
The moving average acts as the dynamic trading level. If you …Continue reading: Learning the hidden functions of the moving average