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Moving Average Convergence / Divergence (MACD)

SARS-CoV-2 Depression: USA Mean Reversion at Full Moon!We have reached the end of the Ascending Wedge (purple) which began during the middle of the Coronavirus (SARS-CoV-2) Pandemic. US sentiment is largely negative due to civil unrest, political corruption, and a 20% unemployment rate. The RSI indicator notes that the market has become overbought. Similarly, the MACD is giving us a sell signal. Shortly before the market closes, at 3:12 PM on June 5, electromagnetic fields that are associated with the earth's magnetotail will be in full affect due to the Strawberry Moon. Please watch the S&P 500, Nasdaq 100, and US 30!
CME_MINI:NQ1!Short
by ThrivingProject
2
The #steepening continuesSome thoughts on the S&P/ASX200 (XJO) for any Aussies out there. Looking at the daily chart. 1) Price and RSI trends seem to be intact currently (would take a big fall to break today). 2) MACD working on but has not confirmed a bearish divergence 3) Willy overbought 4) We are about 5% away from the 200sma. I recon this will act like a magnet to pull the XJO higher, but then once we reach it, I recon we'll see some resistance. Could that then turn to support? Only time will tell.
ASX:XJO
by ncorreia
Possible short movement in USD/JPYSo, in this technical analysis. USD/JPY has show us a possible movement bearish, if you know, as basic fundamental is that USA has a protest in all states in the nations and will be a bad for a economy, so, others par it's can be benefit as JPY. Now, only I hope that candelstick pattern, because we have in the possible and strong resistance to put in shrot positon. If you ok now, we are in the supply and demand zones in this par, and also, we can to pick up benefits to earn money in Forex with this par. So, also what I dont' mentioned is that USD/JPY has a shoulder head shoulder inverted, and so, this is a good opportunity in the past to put in long, but i say you in the previously technical analysisi that USD/JPY has consolidadted, so, I would not make a operation until the USD/JPY broke up or broke down. But, now, there are a possible short postion as i see in H4. The only confirmation what I need to hope is that MACD show me a sell signal and use the price action when I see a bear candlestick pattern.
Short
by harisonhbn9718
1
Double top of Bitcoin in H4 timeframeIn this shortly moment, Bitcoin is now in the double top and hte price it's began to drop. So, this is an interesting position to put in short position. Rememebr we are into the simetric triangle in the Daily timeframe, so, we now to completely the elliot waves D and find down the E and more investors are hoping hte zone E at $9,000 USD to invest and buy in this zones, all traders and holders to buy more Bitcoin. And finally, in H1 timeframe, we are to see the perfect double top, and in RSI and MACD in H1 as H4 it's show me a moment to sell Bitcoin until the $9,000 USD, so I put a sell order limit at $9,549 USD. And so,I hope that my order is active it. Now if you see carefully MACD and RSI doesn't have force to continue upper, and it's the same in H4 timeframe., so, the moment and sentiment in microtrend is bearish for now. So, this is my proyection and hope that Bitcoin going to 0.382% of Fibonacci as target profit, rememebr that Bitcoin came from a Butterfly bearish and the price is upper to touch the highly zone of simetric traingle.
COINBASE:BTCUSDShort
by harisonhbn9718
1
Updates USDJPY continuing shortIn this updates, I want to comprend what USD/JPY do today. So, I make a fix my technical analysis and updates my new watch what I see. Maybe, we are into the rising wedge bullish, and this proyection it's can be convert to drop the price very strongest. So, in Daily we are now into the bearish channel descendent and this is a good opportunity to continue sell, sell and more sell to earn money!!!! So, also, in Daily we see the same bullish rising wedge. so, look in H4 one thing. if you see the price action doen't have the force sufficient to break up the channel descendent and bearish what came from finally on March 2020. So, it's has been retest but don't find to broke up, so, ths next proyection it's may be a bearish movement at the zone of 107.40 to pick up all target profit, and yesterday and past yesterday I make a sell, so, I have 0.02 lots inverted in this par. But, also, if you see my screenshoot of Daily timeframe, we can to see waht we are in a possible formation of double bottom, this is a possible scenario to buy at 106 aproxx and making and long. A data interest it's the MACD in H4 timeframe, because MACD is lossing his buyers, and make sellers in this par and about all tension in China and USA. Also, if you wan, you can to estend your target profit to pick up more pips apporixmately of more of 220 pips.
Short
by harisonhbn9718
This is my look at Bitcoin VS USD on 05.28.2020I'm not a financial advisor, Don't buy or sell bass on what I'm saying... I do own some Bitcoin and I think it has a great future, this future may or may not be that great so PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... This is my look at Bitcoin Vs USD on 05.28.2020 This is an experimental indicator that I have made and testing it out... It is using the EMAs the white line is 13 EMA, the green line is 55 EMA and the yellow line is 89 EMA ... The points going pass is a future guess by the experimental indicator and the way it works is if it's pointing down like the white one is on this chart, to me, it's suggesting that Bitcoin is going to head higher in the next couple of days and using the RSI and the MACD that should be happening sometime over the weekend or early next week has helped to confirm that for me... The points going pass is a future guess by the experimental indicator and the way it works is if it's pointing up like the white one is on this chart, to me, it's suggesting that Bitcoin is going to head down in the next couple of hours and using the RSI did have a couple of death crosses over the last day or so and the MACD looks like it will have a death crosses any time now! What do you think about this, a good idea or a bad idea?
COINBASE:BTCUSD
by ADHDing_
2
1ST - MACD TREND FOLLOWING STRATEGYQUESTION - WHAT ARE THE BEST FOREX TRADING STRATEGIES? 1ST - MACD TREND FOLLOWING STRATEGY Step #1: Wait for the MACD lines to develop a higher high followed by a lower high swing point. This is an unorthodox approach to technical analysis. But, we at Trading Strategy Guides.com are different. We don’t mind doing uncomfortable things if that’s what it takes to succeed in this business. First, let’s visualize how an authentic swing point really looks on the MACD indicator: The first rule of thumb to recognize a swing high on the MACD indicator is to look at the price chart if the respective currency pair is doing a swing high the same as the MACD indicator does. A higher high is the highest swing price point on a chart and must be higher than all previous swing high points. While a lower high happens when the swing point is lower than the previous swing high point. Step #2: Connect the MACD line swing points that you have identified in Step #1 with a trendline. At this point, we really ignored the MACD histogram because much of the information contained by the histogram is already showing up by the moving averages. Look at the price action now and compare it to our MACD trendline we drew early. We can clearly notice that the MACD contains the price action much better and reflects the trend much clear. But, at this point, we’re still not done with the MACD indicator, which brings us to the critical part of our MACD Trend Following Strategy. Step #3: Wait for the MACD line to break above the trendline. (Entry at the market price as soon as the MACD line breaks above). When the MACD line (the blue line) crosses the signal line (the orange line) it’s an early signal that a bullish trend might start. However, if trading would be that easy we would all be millionaires, right? And that’s the reason why our MACD Trend Following Strategy is so unique. We’re not only waiting for the MACD moving averages to cross over but we also have our other criteria for the price action to break aka the trend line we drew early. This is a clever way to filter out the false MACD signals, but you have to be equipped with the right mindset and have patience until all the piece of the puzzle come together. If you were to trade just based on the MACD crossover over time you’ll lose money because that’s not a reliable strategy. But if you use the MACD indicator along with other criteria such what this strategy tells you to do, you will find great trade entries on a consistent basis. Step #4: Use Protective Stop Loss Order. (Place the SL below the most recent swing low). Now, that you already know how to enter a trade at this point you have to learn how to manage risk and where to place the SL. After all, a trader is basically a risk manager. You want to place your stop loss below the most recent low, like in the figure below. But make sure you add a buffer of 5-10 pips away from the low, to protect yourself from possible false breakouts. Did you notice? The MACD Trend Following Strategy triggered the buy signal right at the start of a new trend and what is most important the timing is more than perfection. We bought EUR/USD the same day the bullish divergence trend started. Now, what this has to do with the SL? Basically, a good entry price means a smaller stop loss and ultimately it means you’ll lose a lot less comparing it with the profit potential, so a positive risk to reward ratio. Step #5: Take Profit when the MACD crossover happens in the opposite direction of our entry. Knowing when to take profit is as important as knowing when to enter a trade. However, we want to make sure we don’t use the same trading technique as for our entry order. When the MACD line (the blue line) produces signal line crossovers (the orange line) we want to close the position and take full profits. Before taking profits, it’s important to wait for the candle close – either the 4h or the daily candle – depending on the time frame you trade so you make sure the MACD crossover actually happens. Note** The above was an example of a buy trade using the MACD Trend Following Strategy. Use the exact same rules – but in reverse – for a sell trade. Conclusion: The MACD Trend Following Strategy is a very simple trend following strategy and yet a very profitable strategy at the same time. As the saying goes, “The trend is your friend” and no matter if you’re just starting as a Forex trader or you’re already an established trader life is much easier when trading in the direction of the line of least resistance rather than fighting the trend which is a loser’s game. The success behind the MACD Trend Following Strategy is derived from one simple principle: momentum precedes price.
Education
by Tradingstrategyguides
3
USD/JPY updates!!!In the Asia market session, we have a maniulation zone of there same zone. So, guys, Forex was manipulated, and specially in this pars very negotiate. Well, in M30 timeframe, I'm going to make a little updates of this par, because there are an interesting movement down of the price and can be arrive at the same zone of 107.40. so, this is very important to me to make a analysis. And so, in MACD is show us a sell signal, so, we need to see why so this happen this all manipulation for institutionals to hunters all Stop Loss of Forex traders. So, beware of this manipulation. Also, I make a put an anohter lots to sell of 0.01, it's yet 0.02 lots what I sell in USD/JPY.
Short
by harisonhbn9718