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56 Pips in 5 Hours with “Psychic” Exit!

I closed a short trade on the EUR/CHF today for a 56 pip profit. In the video below, you’ll see how I used almost “psychic” powers to exit the trade…I say that jokingly, but you may wonder after you see this video

Recently, I’ve been describing the EMA & MACD technique for exiting a trade early. Well, I used the same forex trend prediction magic to exit this trade profitably as well.

Here’s the details:

I sold the EUR/CHF @ 1.3503. Five hours later, I exited the trade at 1.3447 for a 56 pip profit!

Real Money Forex Trade

This was a real money forex trade. Watch the video below to see how close to the end of the trend this one came:

THAT was a close call! I could have lost nearly 2/3 of my profits on that trade had I not spotted that

Posted in indicators, Technical Analysis

FOREX Trend Prediction MAGIC!

Over the past few days I’ve taught you about EMA profit divergence, and then combined it with the MACD for a cool little trend following system.

It takes a little practice to master this art, but the results are almost like…

Pure Forex Trading Magic!

I’ve prepared a video below where I just opened up a chart and followed the EMA/MACD system & shared the interpretation. I didn’t cheat & look ahead. I simply called it as I saw it. I actually do this in real LIVE market conditions when I teach traders directly how you can trade everyday.

I didn’t lay out a bunch of complicated rules for you. I simply shared how to look at the signals that were given. If you watch this video a few times & then look at forex charts for even 30 minutes, you’ll start to see the power of this system!

Trend Following Magic Video

Watch this video now to see how you can use the EMA/MACD system to predict trend continuation & reversals. When you combine this with Forex Sailing, you’ll be nearly unstoppable. With all these tools, you’ll be like a Forex Ninja!

I recommend you watch this video a few times. I’ll also share this concept a few more times with you as well so it really sinks in. This isn’t your typical way to look at EMA & MACD, this is a really cool & powerful way to use basic forex tools.

Learn this & You’ll Kick ASS!

I’m sharing this for free on the blog so you can kick ass as a forex trader! Learn it. Master it. Use it. IT WORKS!!!

Posted in indicators, Technical Analysis

MACD & Finding the Trend’s End

Yesterday I discussed EMA profit divergence for online forex trading. Today I’m going to show you how to use the MACD (moving average convergence divergence) to spot the end of a trend and how to exit a trader early.

The MACD provides essentially the same information as the double ema signal I mentioned yesterday. But the MACD plots the information different graphically.

This gives you different insight into when the trend is “losing steam.”

EMA or MACD?

Both EMA and MACD are valuable when used together. The gap divergence between candlestick & fast ema signal (discussed in yesterday’s video & today’s video below) is a great visual signal that the current price wave is nearing it’s peak. It usually reveals a price very close to the actual high.

But some times the trend will keep going. Although the MACD doesn’t signal this perfectly (anything can happen), it is a fairly reliable indicator to spot the end of a trend, or in other words a potential trend reversal.

MACD Video

The video below walks you through a 5 minute chart with the EMA/MACD setup. I intentionally “play dumb” as much as possible to follow the logic of what you’d be thinking as you read the signals.

This requires a little bit of practice, but it’s worth understanding as it’s one of the most basic (and useful) tools used by traders for online forex trading.

Smaller MACD Peaks

When the MACD reaches a peak (for an uptrend) or a valley (in a downtrend), it signals the near extreme of the price movement.

The shape the MACD makes is like a little hill, or mound. I call this the MACD mound.

If the MACD Mound is like a mountain, the trend will likely retrace a bit & then continue in the trend direction.

If the MACD Mound is like a hill (or at least much smaller than previous mounds), the trend will likely reverse and then move in the opposite direction.

Whether the MACD Mound is a hill or a mountain, when reaching the peak of the mound (maximum divergence) it signals the end of the current price wave.

I’ll explain more about how to use this concept in future rapid forex blog posts and videos

Posted in indicators, Technical Analysis