This March, XM started a new series of trading seminars in Thailand, the first two event locations of which were Phitsanulok on 17th March and Hat Yai on 24th March.
In both Thai cities forex instructor Sompop Jittrakul presented the seminar topic titled The Moving Average Ribbon Technique, with special respect to how this technical analysis technique is utilized when trading various financial instruments in the form of CFDs (Contracts for Difference).
The aim of the seminar was to provide event guests with practical guidelines on how the Moving Average Ribbon comes in handy for identifying changing market trends. Sompop Jittrakul emphasized why Moving Averages are pervasive in market analysis and how a series of Moving Averages can be combined to help traders visualize short-, intermediate-, and long-term trends.
The details explained were also demonstrated by Sompo Jittrakul with real-life examples, which largely contributed to event guests receiving a clear image of how the Moving Average Ribbon Technique works when trading CFDs (such as stocks, indices, metals and energies) on the MT5 platform of XM. Seminar participants could thus understand the advantages of knowing how Moving Average Ribbons generate buy and sell signals and deciding when they should enter or exit the markets.
We would like to cordially thank each and every one of our seminar participants who attended the educational event in Phitsanulok and Hat Yai, and we are glad to inform our clients that our Thai seminar series continues in many more cities this spring, such as Chonburi, Korat, Khon Kaen, Ubon Ratchathani and Chiang Rai.