Trading secrets

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Now you are a bit closer to forex: you know what it is, how you can benefit from it and who the market participants are. Let’s see when you can trade. Do you remember what you previously learned about the advantages of forex, telling you that the market is open nonstop? Yes, the forex market […]

The MACD is an awesome indicator, one that I use in my trading decisions every day. But there are misinterpretations at times, in my opinion, and I want to share a few of those with you. In my most recent article, "The Power of the MACD", I shared how a negative divergence can sometimes be a sign of slowing momentum, but not always. We have to let breakouts run their course before comparing MACD readings. Otherwise, you can make a big mistake and short a breakout on heavy volume simply…