How To Use The MACD Indicator In 3 Steps

64
Have you ever heard of buying the dip?

Listen I was watching a short news report on CNBC.

It was about how the youngest workforce Gen Z..is now doing blue collar.Am from jumping on a call

With a young buddy of mine.He told he got me, if I ever need a blue collar job in the mines as a truck operator.

Am so happy to know I have options in case I decide to settle down.

I started trading a long time ago.
And the #1 indicator for dip buying has always been the MACD.

So how does it work?

👉When the 12 day moving average crosses above the 26 day moving average.This signals a buy signal.

👉Also notice the historical power bars.When they turn dark green.

👉Also the increase of demand and supply*

*Supply and demand come from macro economics.

Shout out to Mike Maloney for shedding light on this forex pair.I began to follow this particular one about 2 years ago after watching a video he did on gold and silver.

Now will I get a blue collar job? Maybe but I am happy that I sacrificed my time to learn how to trade the financial markets.

Rocket boost this content to learn more 🚀

Disclaimer ⚠️ Trading is risky please learn how to use Risk Management And Profit Taking Strategies.Also feel free to use a simulation trading account before you use real money.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.