I chose today one of the most important technical tools that investors rely on in the long term and also adopted by most analysts in their analysis of all financial markets and most of the graphs you find in it because some consider the border and the most important between the ups and downs for a share, commodity or currency and use shall be for the daily time frame and above.
The name of this indicator is (The moving average 200).
There are many experts and analysts who rely on buying and selling decisions on this average without other tools and that is due to its credibility and strength in all market conditions, I have tried this average for 6 months at different time periods such as four hours and hour and others and found many positive and negative observations in the work of this indicator on different periods and that we are talking about the currency market also found a difference, even if simple results or credibility from one pair to another.
My way of taking advantage of the 200 SMA:
First, I will explain to you quickly the concept of technical averages and indicators for analysts and how they will be used in their trades and decisions based on the amou…