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Trends & The Simple Moving Average (SMA)

[postlink] http://forex-tutorial-video.blogspot.com/2011/06/trends-simple-moving-average-sma.html[/postlink] http://www.youtube.com/watch?v=Tmyw7TgmaFEendofvid [starttext]A simple, or arithmetic, moving average that is calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. Short-term averages respond quickly to changes in the price of the underlying, while long-term averages are slow to react. [endtext]
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