Topic: Working with SMA

I know this is a simple method but would like some advice.  Based on the SMA of 30 on a daily chart would you short the EUR/GBP?

Re: Working with SMA

ITtrader wrote:

I know this is a simple method but would like some advice.  Based on the SMA of 30 on a daily chart would you short the EUR/GBP?


You would have to qualify that with price action..... SMA in itself is not enough 'evidence' to warrant an entry.

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