Profit in foreign exchange (forex) trading

Forex market has become the largest market in the world. Many traders, from retail/individual until institutional, join the market and execute transactions as often as in seconds. Among the two types of analysis, technical analysis has gained a place. Traders keep looking for the best indicators to beat the market. And you know, one the most well-known indicator is simple moving averages (SMA). In case of SMA, traders keep looking for the best periods that give best profit. Well, I read an interesting article that makes conclusion from a research that different periods of SMA don’t make significant difference in trading profit. It says that there is no particular SMA period which is better than the other periods. Surprised to hear? Check the article here.

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