CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Click here to read full risk warning

Background:

Moving averages follow the trend of a given currency over a period of time.

In forex trading, one of the most popular types of moving averages is the MACD, or Moving Average Convergence Divergence. This indicator shows the relationship between the 26-day Exponential Moving Average (EMA) and the 12-day EMA.

If you can understand movements in the MACD and how to interpret them on a chart, you can to use this indicator to spot divergences and crossovers, which can indicate whether it’s time to sell (or buy) a given currency.

In this webinar, Paul Wallace breaks down the MACD indicator and explains how to use it to find good entry and exit points in daily charts—plus he shares a simple trading strategy that uses the MACD.  

Paul Wallace Headshot (1)Watch the webinar to learn:

  • A background of the MACD indicator and how it is used
  • How to use MACD to find good entry and exit points
  • Convergence and divergence in relation to MACD
  • A simple trading strategy that uses MACD in a unique way

Speaker:

Paul Wallace Is a performance coach and financial trader with more than 18 years’ experience working in competitive, results-driven, performance environments.

Complete the form to watch the webinar!

   

Watch The Webinar Now