I use a variety of indicators on my trading charts. It is important to me to be able confirm short term trends through the use of multiple variables. The middle indicator on all of my charts is always the MACD. MACD stands for Moving Average Convergence/Divergence Indicator. It is an indicator I have used for [...]
It seems every trader I talk to has a favorite trade set-up that he/she claims has never lost money. Common sense dictates that such a statement is pure nonsense. I always think to myself “surely the trade has lost money at least once.” Or is it nonsense? The toughest concept for most novice, and many [...]
Moving Averages (MAs) could be used from the simple to the complex trading system. The basic of trading using MAs is to trade in the same direction of their slope. When enter a trade, don’t buy high above Moving Averages or sell low below MAs. Enter a trade when price return to MAs. When traders [...]