MACD FOREX IndicatorA simple MACD FOREX strategy you can use in your tradingThe Moving Average Convergence/Divergence or as it is passionately referred to by its followers, MACD, is an indicator used by technical traders to help determine the direction of a price move. Sometime in the later 1970's a guy named Gerald Appel created and used this indicator to locate differences in things like momentum, duration, strength and direction in the price of stocks he was then trading. Though very popular, because MACD is based on moving averages, it is considered a "lagging" indicator and is best used in conjunction with leading edge signals like Japanese candlestick patterns. This video offers a simple MACD FOREX strategy you can use in your trading.
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