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Hi,
I agree that EUR/USD and USD/CHF make an interesting combination. Note that the pattern seems to be a bit different during the American trading session from what it is in Europe. What makes EUR/USD and USD/CHF interesting is not unique to this combination. Here is more info on forex pair correlations to explore. |
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WMA is a type of moving average, namely weighted moving average, which has multiplying factors to give weights to differenrt data points. For instance, in a n-day WMA, the latest day has weight n, the second latest, n-1, etc etc .... Basically a WMA will response faster to price changes than an EMA, but will be less smoothed than the latter
I guess that's why in this method a WMA is used as the trigger for entering a trade. WMAs as well as all kind of MA's are readily available on any kind of trading platform you'll found, including obviously MT4 Moving averages are the base of the technical analysis. |
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Best Reply. I could not explain better than that.
kolachi Quote:
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Mr.Kolchi You are Great Human
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Hello Mr.Kolachi
I have study all of your great efforts and hard work . You worked hard not only for yourself but for all the world with out any rewards, and this is your greatness.Thank you again for your nice work and efforts. I am a new one in this field and also on this forum. I require a little attention from your side .As I want to learn from your experience .I have study the system and i like it . In future i will asked you some questions about it , so please guide me . I hope that you will not be disappoint me. Thanks and Regards ![]() Last edited by ionline4u : 09-20-2008 at 09:27 PM. |
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I guess that's why in this method a WMA is used as the trigger for entering a trade. WMAs as well as all kind of MA's are readily available on any kind of trading platform you'll found, including obviously MT4
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