“Is it necessary to pay attention to trend when using SMA?”
“Yes, you need to pay attention to the trend when using SMA. Take a look at this video to find out more on how to trade with SMA: https://youtu.be/FzK4u_oASRU”
Simple Moving Average is a trend following indicator, meaning it shows you’re the overall direction of the market, that whether it’s going upward or downward overall.
After getting a hand on the overall direction of the market. Ride on with the trend and flow with the market. Trading by following the market direction will make your life much easier and bring up winning percentage dramatically.
Take a look at the video to find out more on how you can trade with SMA correctly and points you need to watch out when using the SMA. Simple indicator but it might bring you a surprising result.
Please don’t be shy to come and talk with me if you have any question!