moonchild
VIP Contributor
Moving averages as we all know are one of the indicators used in forex to predict or understand where exactly price wants to go, most beginners started out using them to trade, especially the EMA and their crossover, they are usually use as signal generators in the market but the question is are they enough to make you a profitable trader.
The answer is No, becoming a profitable trader is a journey that everyone has to go through before you can emerge successful, even if a method has. 99% accuracy a losing trader might not be able to trade it profitably.
A moving average is at best just an indicator used to understand market movements and can also be hard to trade trending markets successfully but k of themselves can't make you a successful trader.
The answer is No, becoming a profitable trader is a journey that everyone has to go through before you can emerge successful, even if a method has. 99% accuracy a losing trader might not be able to trade it profitably.
A moving average is at best just an indicator used to understand market movements and can also be hard to trade trending markets successfully but k of themselves can't make you a successful trader.
