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A 5 day SMA takes the sum of the last 5 days prices and divides by 5. All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Finance Magnates. This is high speed and high stress and go for it if it fits your style and make sure you set your stops. Frame is much better up, from 15m and bad that appear. This may lead some beginner traders to think that trading on the forex market is easy.
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