Using macd in forex trading - ForexBinaryOptionTrade

Using macd in forex trading

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Weberience LLC, a digital publisher, internet marketing and advertising company. MACD divergence is a popular tool, yet highly inaccurate. The MACD–moving average convergence divergence–indicator is popular among traders and analysts, yet few really understand it. Divergence on the MACD is one of the ways the indicator is used and takes two forms. When the price of an asset is moving one direction and the MACD in the other, that’s divergence. This type of signal is supposed to warn of a reversal, but as discussed below, the signal is random and often inaccurate. Traditionally this indicates the price is losing momentum and prime pickings for a reversal.