This Blog is basically created for Forex Traders to share their ideas, to help others and to get help from others. About me:- I trade Forex without using Indicators following Price Action. I got the basic from my own wife, then studied some ebooks and sites and practiced few brokers.I will start teaching from 1st Of August 2012 Insha Allah for free.U can add me in FB also. My Facebook ID is KhanFX.My.اُردو یا پشتو کے لیے ایڈمِن سے رابطہ کریں فیس بُک کے ذریعے یا بلاگ میں کمِنٹ کے ذریعے۔
Friday, 6 July 2012
BMA-1 and BMA-2
BMA-1 and BMA-2 are basically moving avrages which will lead you to the right direction and you can know where the trend is going. The distance between two lines will also show you the power of trend after any cross.
BMA-1 and BMA-2 cross is important. try to follow the correct cross. If downtrend then the cross will be Red, if Uptrend then the cross will be Green.
Try to avoid fake cross unless it really shows a big move. But I suggest to avoid it first.
When a cross happens, wait for the confirmation. Otherwise, you can use these averages for direction to lead you. I think its better to have averages like this on your chart.
Download it from here fro free > http://www.4shared.com/rar/iF8RIerX/BMA-12.html
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