If you like our blog, click on the “Like” button below. Once you do, you will get FREE Instant Access to the Killer Patterns Trading System that uses MACD Histogram with different chart patterns to make entry and exit decisions. Moving Average Convergence Divergence (MACD) is one of the most powerful and widely [...]
Category Archives: Technical Analysis
High Probability Reversal Patterns By Chris Lori
These High Probability Reversal Patterns can get you into a trend much earlier than most of the other pro traders and institutional investors. Big money is often made in the forex market on the major trend reversals. If you can learn the skill of spotting the trend reversals much earlier than other pro traders, you [...]
Fib Levels And Retracement Trading
In the last article, we discussed how we can use the Fibonacci Projection Levels while trading breakouts. Breakouts tend to fail a lot with the price action retracing itself. Let’s discuss the second situation in this article, where the breakout fails and the price action retraces itself. Can we still use Fibonacci Levels in trading [...]
Harami Candlestick Pattern Means Trend Reversal!
Harami is one of the important candlestick patterns that warn of a potential trend reversal in the market. It is a two stick pattern meaning it takes two days for the Harami pattern to form. Harami is the Japanese for a pregnant woman. This pattern looks like a pregnant woman. In case of the bullish [...]
Trading Price Oscillator Divergences
Divergences are considered to be an important arsenal in the trading toolkit of a pro trader. Divergence happens when price moves in one direction and the indicator moves in the opposite direction. Now any oscillator can be used to show divergence patterns. The most commonly used oscillators include RSI, Stochastics, MACD, CCI, ROC and Williams [...]
Moving Averages With Candlestick Patterns Can Be A Powerful Combination
Moving Averages are one of the most widely used technical indicators. They are simple, easy to use yet highly reliable. Many manual and auto trading systems use them. Moving averages can be useful when you are looking to confirm a trend. The first rule of thumb when using moving averages is that when the currency [...]
Trendlines And Candlestick Patterns Combination Can Be Powerful
Trendlines are one of the most simplest and the easiest technical indicators. As a trader, you should learn how to draw trendlines accurately. PRO traders always respect these trend lines. so do the Markets. When you combine, these trend lines with candlestick patterns, you can get highly profitable trading signals. Both supplement and confirm each [...]
MACD Divergence On A Shorter Time Period Is A Much Stronger Signal
When the MACD black line crosses above or below the MACD signal grey line, it is known as a cross or crossover. When the MACD black line crosses above the signal grey line, it is supporting a long position. And when MACD black line crosses below the signal grey line, it is supporting a short [...]
MACD Indicator Is A Verstaile Indicator
If you have been trading for a while, you must have come across the Moving Average Convergence Divergence (MACD) indicator. It is considered to one of the most versatile indicators and is highly popular amongst pro traders. MACD can help you in determining the strength of a trend as well as possible turning points in [...]
Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance)
John J. Murphy has now updated his landmark bestseller Technical Analysis of the Futures Markets, to include all of the financial markets. “If one could read only one book on technical analysis, this should be the one.” –Knight-Ridder Financial Products and News (on the first edition, Technical Analysis of the Futures Markets) This outstanding reference [...]
