So far, you've learned how to draw moving averages on your charts to determine the trend. Moving average crossover trading can also assist you in determining when a trend is…

# How to Use Moving Averages to Find the Trend

Moving averages can also be used to assist you to determine the trend. The most straightforward method is to simply plot a single moving average on the chart. When price…

# Simple vs. Exponential Moving Averages

You're probably wondering which is superior at this point. Is it better to use a simple or exponential moving average? To begin, we'll look at the exponential moving average. A…

# Exponential Moving Average (EMA) Explained

Simple moving averages can be impacted by spikes, as we discussed in the previous lecture. Let's begin with an example. Let's say we draw a 5-period SMA on the EUR/USD…

# Simple Moving Average (SMA) Explained

The simplest type of moving average is the simple moving average (SMA). A simple moving average is calculated by summing the closing prices of the previous "X" period and then…

# What Are Moving Averages?

One of the most widely utilized technical indicators is moving averages. A moving average is merely a way to smooth out price swings so you can tell the difference between…

# How to Use Fibonacci to Place Your Stop so You Lose Less Money

Probably just as important as knowing where to enter or take off profits is knowing where to place your stop loss. You can't just enter a trade based on Fib…

# How to Use Fibonacci Extensions to Know When to Take Profit

The next application of Fibonacci will be to discover "take profit" goals. If in doubt, know how to get out! Let's look at an example of an upward trend. Taking…

# How to Use Fibonacci Retracement with Trend Lines

Trend line analysis is another useful technique to use in conjunction with the Fibonacci retracement tool. After all, Fibonacci retracement levels are most effective when the market is moving, so…