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Hello Traders Investors And Community,
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Welcome to this tutorial in which I will analyze the MACD-Divergence and its various types that can come up in the market movements. The MACD is an indicator developed in 1986 and since then established as a primary indicator in the oscillator types besides the RSI or stochastic. The indicator mainly has the...
One of the important concepts that traders should understand is the difference between divergence and convergence, two terms that are often used interchangeably but have distinct meanings and implications for trading.
Convergence refers to a situation where both the price of an asset and a technical indicator are moving in the same direction. For example, in a...
Death Cross, 5 Key things to watch
The "death cross" is a market chart pattern that occurs when a short-term moving average falls below a long-term moving average,
indicating recent price weakness. It is often studied using the 50-day and 200-day moving averages. The death cross pattern is more reliable
when confirmed by other indicators such as high trading...
1. Introduction
The Moving Average Convergence Divergence (MACD) indicator created by Gerald Appel in 1979 (1) is part of the pantheon of technical indicators, being one of the most used and influential ever created. The popularity of the MACD allowed further studies and more varied applications of the indicator, from signal processing in neuroscience (2),...
My technique that i used to determine whether to buy or sell a currency pair at any given time.
that technique is based on three Fondamental Points :
CCI (convergence /divergence)
Tops / Bottoms
Trendline
Fibo retracement.
For thiis pair , we expacet an strong bearish to dwon level for next weeks approx (3-4 months)
So Lets see the result by testing this...
Hello everyone, as we all know the market action discounts everything :)
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In this video, I am gonna explain what is the MACD and how to use it and how to identify buy and sell signals using this indicator.
So what is the MACD, The MACD is a...
Taking a look at the price action on EURJPY currently, we have seen a potential selling opportunity setup.
Why we like this setup is because it holds a few factors that all converge together. As traders the higher the amount of information we have to help make an informed decision the better.
As you can see from the 15 Minute chart, we firstly have price move...
Hello Traders,
This video explains how I use RSI to generate big returns in the Forex market. RSI has always been one of my favorite leading indicators I use when looking for confirmations. I highly recommend it. Take a few minutes to watch my video and learn how to use it effectively for intraday trading.
Trade Safe - Trade Well
~Michael Harding
Hi everyone
A quick post to share a story that happened less than 20 min ago.
I received feedback that a follower didn't want to buy the Algorithm Builder because he "tried it and it doesn't work on the Indian market"
11 minutes later (see screenshot below), using the exact same Strategy Builder along with the Backtest (that I'll introduce tomorrow), I made...
