GBP/USD daytrade strategy exposed

Categories: Daily Technical Analysis Tips and Picks

Sorry folks, been away for a week or so. But here’s the deal, just done straight of the oven. Have you notice positive divergence on the MACD and Stochastic on GBP/USD on horly chart. When you see such signals, get ready to long. Get a fibonacci and pull it from the recent swing […]

Sorry folks, been away for a week or so. But here's the deal, just done straight of the oven. Have you notice positive divergence on the MACD and Stochastic on GBP/USD on horly chart. When you see such signals, get ready to long. Get a fibonacci and pull it from the recent swing hi and swing lo. You will see that the fibonacci 38% converge with one of the pivot points, this is the area where you want to watch ... Read More

78 essential forex strategies - Part 3

Categories: 78 Essential Forex Strategies

11. MACD is the absolute king on the 15 min chart. In the hourly chart when the MACD is trending up, switch to the 15 min chart and see what the MACD is doing there, if it is trending down, you listen to the 15 min chart MACD. That does not really mean that a shift […]

11. MACD is the absolute king on the 15 min chart. In the hourly chart when the MACD is trending up, switch to the 15 min chart and see what the MACD is doing there, if it is trending down, you listen to the 15 min chart MACD. That does not really mean that a shift in price is not happening, It is warning that it is coming but not yet. 12. When MACD is trending down on the 15min chart and the price is ... Read More