
Explore a super easy forex day trading introduction with simple, profit-focused strategies you can apply on your own. Learn to support trades independently and build passive income while staying safe.
Discover how the 200 moving average identifies the market trend in forex trading and how to configure sma or ema on a four-hour chart to trade with the trend.
Learn to plot the MACD indicator on your chart and apply a simple MACD-based forex day trading strategy using moving averages for clear trade signals.
Learn to identify the forex trend using the 200 exponential moving average and trade with the trend, following its direction to maximize profits.
Learn to take buy trades with the macd by following the trend and the 200 moving average. Set stop-loss below the last low and target favorable reward ratios.
Take sell trades with the macd by waiting for a cross above the zero line, ensure the 200 moving average is above price, and apply 1:1.5 to 1:3 rewards.
Explains how to choose and calculate win-reward ratios for forex day trading, comparing 1:1, 1:2, 1:3 (and 1:4 to 1:5), with money management and stop-loss considerations.
Explore why backtesting a forex trading strategy matters, verify profitability, and evaluate win rate and one-to-one or one-to-two reward ratios for an easy-to-use approach.
Backtest the MACD strategy on the euro pair, trading when price is below the 200 moving average and MACD crosses above zero, with 56 trades and about $3,100 profit.
Learn two forex trailing trade strategies to maximize profit by riding moves with trailing stops and a 30-period moving average, using breakouts and reward ratios.
Match your forex time frame to your goals, using 1–15 minutes for scalping, 15 minutes to 1 hour for day trading, and 4-hour to weekly charts for long-term trades.
Identify supply and demand zones on a forex chart to time buy trades and avoid resistance. Learn zone drawing, breakouts, and retests, and apply money management.
Learn money management for forex trading, avoid greed, and cap risk per trade at about 0.5% to 2% of your account. Calculate risk-reward, pursue disciplined, single-trade focus to stay profitable.
Forex Day Trading Course | Learn To Spot And Take Trade Easily With The MACD Indicator
In this course, you are going to learn
1. How the MACD Indicator works
2. Best settings to use with MACD etc.
At the end of this course, you should be able to make profitable trades with the MACD all the time.
I'm David Oisamoje and I would be your guide throughout this amazing course taking you by the hand with the process I go through to make and take all my winning trades.
Please this is not a get rich thing so please don't see it like that, I just want to show you how I personally trade the market and how you can be an amazing trader too.
History of the MACD Indicator:
MACD, short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s. The MACD indicator(or "oscillator") is a collection of three-time series calculated from historical price data, most often the closing price. Source (Wikipedia)
Disclaimer
The risk of loss in trading Foreign Exchange (FOREX), indices and commodities can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. In considering whether to trade or to authorise someone else to trade for you, you should be aware of the following:
If you purchase a commodity option, you may sustain a total loss of the premium and all of the transaction cost. If you purchase or sell a commodity future or sell a commodity option, you may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain your position. If the market moves against your position, you may be called upon by your broker to deposit a substantial amount of additional margin funds, on short notice, in order to maintain your position. If you do not provide the required funds within the prescribed time, your position may be liquidated at a loss, and you will be liable for any resulting deficit in your account.
Under certain market conditions, you may find it difficult or impossible to liquidate a position. This can occur, for example, when the market makes a “limit move”.
The placement of contingent orders by you or your trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amount, since the market conditions may make it impossible to execute such orders.
The high degree of leverage that is obtainable through, for example, futures trading, options trading, Spread Betting, Binary Betting and CFD trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. This brief statement can’t disclose all the risks and other significant aspects of the commodity markets, including trading shares, currencies, and stock indices. You should therefore carefully study financial trading before you enter the financial markets with the view of buying and selling, including shorting, securities in the marketplace.