MA, Moving Averages.
4:03 AM
The MA is used to smooth price fluctuations and identify trends. However, there is a trick to this. You should be looking to catch the MA as it is moving up and before the price starts to go up. The question is, how do you do that? If you catch the MA to high it may be over bought. You may be paying too much, no profit. You can do a quick over lay of an EMA which is more of a straight line for average value. Also, check your pricing over the last few days to a week. You will want to enter a trade assuming the price has not caught up to the upward force of demand. This is where the trick is. This is where your profit is. You can see the demand going up with the MA and you confirmed it with the Candlestick chart. The MACD
The MACD, Moving Average Convergence Divergence is a an indicator that utilizes moving averages to identify possible trends and an oscillator to determine when a trend is overbought or oversold. We can use the moving averages to confirm the upward trend and the oscillator to determine wether or not it has been over bought. You can get more specific details about this particular strategy by reading Mr. Elder Alexanders book Entries and exits. There is also a free software program called the TC2000 that can be programed to do all of this for you. It can be programmed for straight entry and exit points or buy and sell. You can also experiment by going to Forex Stategy Builder and test this strategy for free.
The MACD, Moving Average Convergence Divergence is a an indicator that utilizes moving averages to identify possible trends and an oscillator to determine when a trend is overbought or oversold. We can use the moving averages to confirm the upward trend and the oscillator to determine wether or not it has been over bought. You can get more specific details about this particular strategy by reading Mr. Elder Alexanders book Entries and exits. There is also a free software program called the TC2000 that can be programed to do all of this for you. It can be programmed for straight entry and exit points or buy and sell. You can also experiment by going to Forex Stategy Builder and test this strategy for free.
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