Moving Averages - Effective Settings for Day Traders
Hello Traders,
In today's lecture I'm explaining how to use Moving Averages effectively on smaller (1hour) time-frames. Moving Averages can be applied to all assets including Forex, Stocks, Crytpos, etc..
Please note that Moving Averages are a lagging indicator which means they print on screen after price action has moved. They by no means are a leading indicator. Your most leading indicator will either be price-action itself or correlating assets.
If anyone has any questions about Moving Averages, feel free to leave your comments in the comment section below.
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