The Day Trade Forex System:
Advanced Training Course
Here are the indicators that were given to you in the basic course:
Bollinger Bands (BB’s), MACD Histogram, Relative Strength Index (RSI), PSAR
and the Slow Stochastic.
Here are the indicators that the Advanced course is going to use:
A. Various faster moving average crossover combos
B. Bollinger Bands
C. Chaos Awesome Oscillator
D. Momentum (or [...]
Spotting Trend Reversals With MACD
If there were ever a quest in the world of investing on par with the search for the Holy Grail, it would be acquiring the ability to spot trend changes. There are many ways investors attempt to do this with varying degrees of success, but a common trend-tracking tool is the [...]
4 Hour MACD Forex Strategy
Welcome to the 4 Hour MACD Forex Strategy. This strategy is aimed at simplicity as well as high probability trades. I have been in the equity market for almost ten years now and in the forex market for two years. I learned very early that forex trading is not for the [...]
GBP USD , USD JPY , GBP JPY Forex Trading Analysis 12/13/09
Hey I hope everyone had a pleasant weekend. Everything is great on my home front leading into X-Mas. It’s Sunday Evening prior to Asian Markets opening and I decided to just peak at the daily forex charts. I trade only what I see on [...]
MACD Aggressive Setups thanks to efuturevision and Mike Bruns
These contributions are from Mike Bruns, world class trader. Mike’s clear thinking and charts have allowed for many traders to finally “get it”. His generous sharing and teachings have helped me raise my level of trading. Reinforcing the concepts of trading [...]
Divergence Cheat Sheet
by Vaughan Kilpatrick
It’s about higher highs and lower lows. If you find them in price, but not in the oscillator, you have regular divergence. If you find them in the oscillator, but not in price, then it’s hidden divergence.
Higher Highs => Short
Lower Lows => Long
At first this seemed [...]
Divergence Trading
by Buffy and NQ/ES Pals
Regular Divergence. Hidden Divergence. “What a great tool, it really works!” “I see divergences all over the place and would get chopped to pieces if I traded all the signals. Just doesn’t work for me!” These are comments and other variations of them that are heard [...]
When you make a MACD Indicator part of your Forex strategy, you can see much more consistently profitable trading activity; and keep your losses to a minimum.
For those new to MACD, this stands for Moving Average Convergence Divergence and it can tell you which trades you should avoid, which currencies you should trade short on [...]
Some traders regard MACD divergence as a Forex signal to enter a high probability trade. They almost suggest you get straight in to a trade as soon as you see MACD divergence.
Is this Forex signal that reliable? To be fair, it certainly has a place in a successful trader’s kit of strategies, but as with [...]
The MACD indicator is very popular with forex traders because it lends well to identifying divergence trades.
On the below 15 minute chart of the EURUSD (chart link at the bottom of the article) we can see that price is rising and making higher peaks up to point A. However, the MACD indicator had been rising [...]