What Are Moving Averages & How To Trade With Them

Forex Moving Averages Explained

The moving average is one of the most used statistical indicators in forecasting price of trading instruments. In this article, we are going to explore moving averages and their effective use in forex trading. What are the moving averages? Moving average is the average price of an instrument over a period of time. It is shown as line on a chart. The moving average line results from the average price over a certain number of periods. As a rule, the closing price of a respective candlestick is considered. Let’s look at the moving average for 20 periods on a five-minute …READ MORE