Lesson #27 What is Price Smoothies

Meaning of Moving Average

Moving average is considered to be the simplest way to make huge profits in limited time. Moving average means taking your price near the closing price of a particular currency.
The moving indicator would aid you to find the future prices of the particular currency. By looking at the slopes of the moving average you can make the future predictions about the prices of a currency.

Moving average would make the price action smooth. There are different types of moving average and each level would have its own benefits or smoothness. If the moving average is slow then its reaction to price movement would be slow. If the moving average is fast then its reaction to price would be fast.