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Moving Average Explosions

February 18, 2011 by Forex Market

Moving averages may seem an indicator that there is much to take. However, it can get much information if you look closely. In the forex market can be used as indicators of direction, this is the most typical application, and in many other ways such as levels of support / resistance or market turning points. Fluctuations and currency market volatility moving averages together can have the same ability to provide trading opportunities that other popular tools such as Fibonacci setbacks, although capturing those opportunities is a matter of patience. …

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