November 6th, 2009 by admin
If we have to choose one, what is the MOST watched moving average in forex.. and what time frame? thanks..
i was thinking 200EMA? but not sure which timeframe.. thanks!
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is there a most watched MA for forex trends?
for example most traders watch X on the X timeframe to see trend
The correct length has to do with how long you intend to hold your position. 200 day is frequently used in the stock market by investors who want to hold their positions for years. (There are about 200 trading days in a year.).
If you plan to hold your position for a day or two, then the average should be in hours.
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Yorky Says:
Moving averages are computed by averaging the price for a fixed number of days and dropping off the oldest day each day.
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Ver W Says:
The most famous MA we use is 12,26,9 EMA .
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Ted Says:
The correct length has to do with how long you intend to hold your position. 200 day is frequently used in the stock market by investors who want to hold their positions for years. (There are about 200 trading days in a year.).
If you plan to hold your position for a day or two, then the average should be in hours.
References :
Aurthur Says:
hi
its important and hard to answer but for right answer and guidelines ..ask support team of you forex broker.which platform do u using?here some good platforms with nice support access
http://forexplatformslist.com
regards!
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