One of the first pieces of advice given to novice traders is trade with the trend. The problem is most newcomers to forex can’t even tell where the trend is, so it is pointless to ask them to trade it. In this new series of articles we’ll look at 3 different ways to identify trending […]
Read Some MoreWhen to Trade MACD Divergence + Stop Loss and Take Profit Levels Last time we talked about how to spot a MACD divergence and we looked at the different types of divergence, regular and hidden. See Part 1 HERE. Today we’ll go over regular divergence in more depth, explaining where to put the stop loss […]
Read Some MoreDivergence can be one of the more powerful signals in your trading arsenal if used correctly. Today we’ll look at the MACD and the divergence signals it produces, and we’ll use the most common settings for the MACD which are 26 for the Slow EMA, 12 for the Fast EMA and 9 for the MACD […]
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