As they measure market momentum, moving averages belong to the most important technical analysis tools.

During XM’s seminar, they will explain how to plot a series of moving averages on a chart in order to make up what we call the Moving Average Ribbon.

Because trend following is essential, we will look at how to use moving averages to time our entry into a market trend and exit the trend with better trading outcome.

Since using moving averages helps us to identify price action, the advantage of using multiple moving averages enables us to see the full market depth (i.e. long-term, medium-term and short-term trends).

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What you will learn in the XM seminar?

• Understand the essence of moving averages in online trading
• Learn how to apply the Moving Average Ribbon to interpret price action
• Learn how to identify strong trending markets and outline consolidation zones
• Use the Moving Average Ribbon to generate buy/sell signals