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