Q1. What does Moving Average represents? A. Average of opening prices of any currency for the X periods B. Average of Closing prices of any currency for the X periods C. Average of High and Low prices of any currency for the X periods D. None of these Q2. For which period the traders and Read more about Quiz 6[…]
This step deals with the study of Moving Average and its types, types of oscillators, overbought and oversold conditions. This step discusses the concept and methods of how to benefit from the concept of Moving Average, Oscillators, and Overbought and Oversold conditions. Moving Averages Moving Average is the simple concept used to forecast future prices Read more about Review of Step Six Forex Lesson[…]
Exponential Moving Average Or EMA Forex Indicator explained for you, EMA that is an abbreviated form of Exponential Moving Average is the Moving Average that is similar to the Simple Moving Average (SMA). Exponential Moving Average is used as an indicator to predict the future trend of prices. The reaction of EMA is faster to Read more about Exponential Moving Average Or EMA Forex Indicator[…]