Two questions about the school

Beginner Questions
1

hey : i have 2 questions about the school if u do not mind help me with them

the 1st i was reading the part dealing about the SMA and the information was like the SMA highly responding to the spikes !!! so the solution is Using the CMA
i do not know but i do not think that is a right thing . because the response to the spike will the same in both if it is happening in later time … may be it will be more effective WITH CMA as it gives more weight to the later actions !!!
am i wrong ? a spike in the last spike or the one before is going to take CMA away specially if it was in set to short time …
then a again the writer said that the SMA is smother !!! what if the early time filled with spikes … and the recent is not ?? do not u think that the CMA will be more smooth …
my opinion that the advantage for CMA over SMA that is CMA is more racent as the writer said it is important to know what happening now !! and also to overcome the spikes of old times . and SMA it will more abroad vision and decrease the effect of near spikes …

the second question is : about the hell fibonacci lol is that something worth to be considered … have no basis nothing but the traders use it … everyone look at the chart from different way . so it depending on guessing or to be accurate mass guessing that will push the price in certain direction … i can not see that should be respected … the question here … is that the technical analysis … is it all work by the same-way i did not read the rest yet … but i have a lot of worry … i loved the forex and that part was like … okie waiting Ur answers thank u :slight_smile:

2

Be wary of thinking there is a “solution” to different types of price movement. The various moving averages help you smooth out price action – which may or may not be all that valuable depending on your trading style and market conditions.

As for fib’s, I haven’t used them, but I certainly wouldn’t assume they are worthless. There are a lot of mathematical factors involved in trading. Their interplay is very complex and difficult to figure out or we’d all be rich very quickly.

Often, when we learn about a new indicator or system, we’ll try it, get some success, think we are going to be rich, and then find out that there are conditions for which that system or indicator fails horribly. My advice, try it, on a practice account. Trade using whatever indicators you are learning until you start to understand how they fail you.

3

as already mentioned, different tools for different types of movement…

Ah, the fib… the tool used by everyone of the pros from the level of day traders to long term… when used properly, and I’m not entirely sure I am, they will give you a really nice picture of S and P levels for potential entry and take profit levels.

I guess the question is, what type of chart are you basing your trades on…M1, M5, M15, H1, H2… you get the point… with this info, I can better help you understand how I would use the fib to see these levels more clearly.

Good luck and good pippin,

Chubs