In this vlog, David talks about another popular trading indicator used by Forex and stock traders – Moving Averages. As the name implies this is an indicator based on price averages over certain periods of time that form lines which act as support and resistance levels. David takes us through the basics of the indicator and its most popular variation – Simple Moving Average (SMA).
The trading preview for the week is focused on the GBP/USD pair as political events have made it more dynamic and a suitable setting for demonstrating moving averages in a real environment.
The trading preview for the week is focused on the GBP/USD pair as political events have made it more dynamic and a suitable setting for demonstrating moving averages in a real environment.
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At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.