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The MACD indicator is a very popular trend indicator on the mt4 platform. It is the first oscillators a new trader would want to use on his chart. When we trade with the MACD, we try to find how moving averages relate to the price. Many traders use this indicator to find a new trend. An MACD on...

I use to have problems like that as a new trader. I was more attracted to smaller time-frames as I use to mistake the lot of price action on the smaller frames like the M15 as very good trading opportunities; but this didn't really fetch me good profit then. I really love the potency of the 50...

I have seen that in this system, some trades don't even know exactly what role the moving average plays in the impulse trading system. It is more like the moving average is used to smoothen noise from price action, and get knowledge of the direction of the trend. The moving average I use some...

Non No I am not a typical fundamental analyst, I use the H4 timeframe for my technical analysis, with a very sound understanding of the Elliot wave analysis. Fed chair Janet Yellenwill give a speech to the US Congress this week on interest rates. Should she be dovish, I intend to see some...

The truth is trading the forex is all about buying low and selling high. Knowing about the momentum of the market is thus very important; it is equally important to get your hand on the trend,that is a why an exponential moving average with a moderate period of 14 is best for the impulse system.

Trend trading is cool. At least imagine you were watching for impulse waves with the Eliot wave analysis, and you could correctly identify a fibonacci retracement level as a support, it is very likely prices are about to spring into an extended uptrend here, but should fundamental data like rate...

Talking in details as regards the impulse system. If you properly use the EMA and MACD components of the impulse system, you will be able to know when the trend is taking off. My favourite exponential moving average for the impulse is the 13 period EMA. Sometimes, I would use more than one time...

Trend trading is generally one popular means of making profit in the forex. Getting the direction of a trend in its early stage of formation could turn out very profitable. That is why I really like harmonic patterns as they play a great role in knowing the direction or continuation of the...

You are right. It is a just a histogram which shows the market momentum for recent number of periods as compared to the momentum of an increased number of previous periods. I really like it as it tells me more about the current period and I use it a lot in getting more accurate entry and exit...

But you can't say just following trend is enough. Once I was trading on my EURUSD H1 chart making use of the moving Average. It showed a forming uptrend and I rushed to open a position. But at last it was a false signal as the market just reacted to the release of a major news. So it is not safe...

One thing I must point out here is that most traders are discouraged because they feel the awesome oscillator is difficult to understand but the principle is simple: latest signal cancels previous signals. This oscillator to be is better than the likes of MACD, EMA, SMA which are common to...

I think I will agree with forexpolice, it is important one takes note of news when he opens and closes positions. Data like interest rates from the US Fed are too important to ignore. Most times some trend movement signals end up as fake outs because the market simply responded to the news, this...

Thanks for this system. The fact that the strategy takes just 15 to 25 percent of the trend is what interests me the most. And then when I tried it, the addition of the MACD histogram helped me a lot as it gave me an idea of the speed of changes especially as I could tell that speed of growth...

Hello guys, I would appreciate it if anyone can recommend a trading strategy to use. I am tired of losing money. Is there a strategy I can learn quickly without spending any money?

I think I need to put in something here, the way traders make losses look like one big trading abomination is quite disturbing. I feel losing is one big step closer to winning, as for myself, for every loss I have sustained in the market, I had made sure it counted as I always have something to...

What I find noting of fact here is that the day trader is necessarily not an equivalent of the gambler. What the day trader does is open and close trades in the same day. So that by 22.00 GMT, no trade is rolled over to the next day. Day trading for an experienced trader is not gambling because...