Find the Latest Exchange Rates for any currency:
FXproTec Universal Currency Converter is easy to use - Just input the desired "Amount", select a currency "From" (the currency you have) & "To" (the currency you want) drop-down menus and that's it - the Exchange Rate is shown automatically under "Result"
The FXproTec Universal Currency Converter's data is continuously Updated throughout the day - so you always have a benefit of the latest exchange rates.
The Currency Converter provides rates for All the World's major and exotic currencies that we just could think of.
The Currency Converter is accurate up to the fourth digit after the point (see FAQs for more)

Lesson 8: Moving Average

Moving Average (MA) is probably the most widely used technical indicator. Moving Average indicator does exactly what its name suggests. Basically, it takes the closing price for any number of periods, adds these numbers and divides by the number of periods. The result is then graphically plotted as a simple line on the charts.

This is the most basic form – Simple Moving Average.

21-period SMA on EUR/USD daily chart.
Source: FXtrek IntelliChart™. Copyright 2001-2011, Inc.

So how to use Moving Average (MA)? The book “Secrets of High-Yield Currency Trading” describes a simple yet highly effective technique of how to use MA’s to identify and confirm the trends.



Continue the lesson
on the next page >>>Next

Best Forex Trading Book

US Forex Brokers

Recommended Forex Broker


“Right on target. I highly recommend this site. After reading material here for an hour I could understand more about how currency trading works than I did after reading forums for several month and taking "promotional" courses from the major forex broker.”
currency trading -R. Thompson