Thursday 13 December 2007

What does "5EMAS" mean?


An EMA is an "Exponential Moving Average".


One of the things you need to learn to do in currency trading is to predict market trends. There are various techniques and indicators for doing this. One of these is "moving averages".


A moving average is used to emphasize the duration of a trend. It indicates the average price at given periods of time, over a defined period of time intervals. When the price falls below the moving average, it's a signal to sell, and when the price rises above the moving average, it's a signal to buy.


There are several kinds of moving average: the three main ones are "simple", weighted", and "exponential". With the exponential moving average (EMA), the time period is weighted during the calculation, using weighting factors that decrease exponentially.


The EMA is the technique that is chosen most often to indicate trends, because it takes into account both the most recent data, and the entire time period.


The 5EMAS Forex System doesn't literally use five EMAs in your charts. It's called this because it has developed what is arguably THE most powerful and effective method of predicting market trends using EMAs. To find out what this is and how you can benefit from it by getting a head start over other Forex traders, take a look at the 5EMAS Forex System NOW!

And to learn more about Forex trading, go to http://www.bizwrite.co.uk/Forex/forexindex.html

No comments: