I am new to forex. I am doing not bad. Win in 5 trades and loose in 1. Btut that stupid one takes away all of earning and capital. I mostly trade only by reading candles. B4 taking any position I see if any upcoming news for the pair, Long term trend ( by drawing trend lines). But I don't feel easy with EMA though I see many tradres use it as prime indicator. I really feel mess with it. So many SMA and EMA to watch!!! I don't know wtz the function of different SMA and EMA. Would anyone describe shortly for EMA and SMA? or anysite to learn about it detail?plz help ur fello trader.
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