Moving averages are the most popular indicators among all indicators, usually traders use moving averages to measure the trend of a general forex price movement within a certain time frame. For more details you can see in the picture below.
The graphic image above is from the AUD / USD pair with the H1 timeframe, where the moving averages in this chart use period 50, which means that the moving average indicator is formed based on the last 50 candlestick data. From the moving average line can be seen clearly the direction of the trend of the AUD / USD chart, where the trend that occurs when it is downtrend and the price position is below the MA. While in general if the price is above the MA, then the trend is generally uptrend. The steeper the MA slant, the stronger the trend is when it happens.
This way you can predict where the potential of price direction will move next. In addition MA can also be used as a support and resistance called dynamic support and resistance, so named because it moves according to the current price movement. When the chart is in an uptren position, MA serves as support, but when in the downtrend position the MA switches the function to resistance.
FOREX 7MA TRADING TECHNIQUE
After knowing the basic basics of the above moving averages, we will now distribute a simple trading technique using 7 MA indicators as a leading indicator to both see trends and to execute prices. You can set the MA 5 MA by the smoothed and apply to close method, where the 5 MA uses the period 8,24,72,200,480 and 2 additional MAs with the exponential method as the S / R minor with the 24 and 72 periods.
The trading technique is fairly easy only by using MA period 8 as its main key. It is advisable to do this trading when the european and american markets to get the best results.
As an indicator of support can also use Bolinger Bands period 72 and deviation 2 to see the level of break or reject it.
HOW OP TRADING 7MA
OP BUY if MA period 8 start pointing upwards and try OP in position very close to MA line.
Target TP can by using the top band of bolinger bands period 72 which is the break or reject break level.
As far as the chart of the MA goes, it will be drawn back to the MA line, also called balancing
For details can be seen in the following graph, which is an example of determining the entry point by using 7 MA trading techniques and being in H1 time frame. Timeframe to further customize with your day-to-day trading style.
PROFIT OF FOREX TRADING TECHNIQUES 7 MA
Predicting where prices will move is the most difficult thing in forex trading, quite strange because in fact there are only two options that are BUY or SELL. But what happens then is the movement of candles sometimes deceive and deceive traders, so the psychology of traders will sometimes be slightly affected. No wonder that sometimes there are traders who complain about SELL op that happens even up and op BUY that happened even down.
PROFIT BUY ZONE
Consider the graph or chart above, from the H1 time frame it is quite clear that there is a candle bullish reaction on the MA that is yellow striped, and what happens then is bullish with the resistant limit which then can be used as TP (Take Profit) in the resistant MA area which is then supported With the opening of a bull's tail, in the sense of not being hindered by the tail or body of the next candle. In this way quite open opportunity will be repeated again the same price.
PROFIT SELL ZONE
Consider the chart or chart above, from the H1 time frame it is quite clear that there is a bearish candle reaction on the MA which is yellow and white, and the next one is bearish with the support limit which can then be used as TP (Take Profit) in the support area.
By understanding this buy and sell profit zone you will be able to better understand more about 7MA trading techniques and how to make a profit.
The graphic image above is from the AUD / USD pair with the H1 timeframe, where the moving averages in this chart use period 50, which means that the moving average indicator is formed based on the last 50 candlestick data. From the moving average line can be seen clearly the direction of the trend of the AUD / USD chart, where the trend that occurs when it is downtrend and the price position is below the MA. While in general if the price is above the MA, then the trend is generally uptrend. The steeper the MA slant, the stronger the trend is when it happens.
This way you can predict where the potential of price direction will move next. In addition MA can also be used as a support and resistance called dynamic support and resistance, so named because it moves according to the current price movement. When the chart is in an uptren position, MA serves as support, but when in the downtrend position the MA switches the function to resistance.
FOREX 7MA TRADING TECHNIQUE
After knowing the basic basics of the above moving averages, we will now distribute a simple trading technique using 7 MA indicators as a leading indicator to both see trends and to execute prices. You can set the MA 5 MA by the smoothed and apply to close method, where the 5 MA uses the period 8,24,72,200,480 and 2 additional MAs with the exponential method as the S / R minor with the 24 and 72 periods.
The trading technique is fairly easy only by using MA period 8 as its main key. It is advisable to do this trading when the european and american markets to get the best results.
As an indicator of support can also use Bolinger Bands period 72 and deviation 2 to see the level of break or reject it.
HOW OP TRADING 7MA
OP BUY if MA period 8 start pointing upwards and try OP in position very close to MA line.
Target TP can by using the top band of bolinger bands period 72 which is the break or reject break level.
As far as the chart of the MA goes, it will be drawn back to the MA line, also called balancing
For details can be seen in the following graph, which is an example of determining the entry point by using 7 MA trading techniques and being in H1 time frame. Timeframe to further customize with your day-to-day trading style.
PROFIT OF FOREX TRADING TECHNIQUES 7 MA
Predicting where prices will move is the most difficult thing in forex trading, quite strange because in fact there are only two options that are BUY or SELL. But what happens then is the movement of candles sometimes deceive and deceive traders, so the psychology of traders will sometimes be slightly affected. No wonder that sometimes there are traders who complain about SELL op that happens even up and op BUY that happened even down.
PROFIT BUY ZONE
Consider the graph or chart above, from the H1 time frame it is quite clear that there is a candle bullish reaction on the MA that is yellow striped, and what happens then is bullish with the resistant limit which then can be used as TP (Take Profit) in the resistant MA area which is then supported With the opening of a bull's tail, in the sense of not being hindered by the tail or body of the next candle. In this way quite open opportunity will be repeated again the same price.
PROFIT SELL ZONE
Consider the chart or chart above, from the H1 time frame it is quite clear that there is a bearish candle reaction on the MA which is yellow and white, and the next one is bearish with the support limit which can then be used as TP (Take Profit) in the support area.
By understanding this buy and sell profit zone you will be able to better understand more about 7MA trading techniques and how to make a profit.
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