Elliott Wave Courses | by ForexCycle.com | Tuesday, 19 August 2014 03:24 UTC
By Elliott Wave International
A moving average (MA) is one of the simplest technical tools an analyst or trader can use. The most common one is the simple moving average (SMA). A 200-period SMA often determines trend, support and resistance. Dual moving averages, which are popular, are the basis of many trading systems.
In this 6-minute video lesson, Elliott Wave International's Jeffrey Kennedy explores different types of moving averages and how you can apply single, dual and multiple moving averages on your charts.
If you enjoy this lesson, then join Jeffrey for Trader Education Week, a free week of lessons on how to apply Elliott wave and other technical methods to identify trading opportunities on your charts.
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