Comments on: MACD for Online Forex Trading

By: patricia

patricia — Sun, 02 May 2010 19:37:22 +0000

Nice one on MACD – moving away from crappy decisions! I like it. But it could confuse some of the newbies….The settings for the MACD helps to identify the trend continuation or possible reversal. It has been used with EW theory as well. Hope you will be sharing your knowlegde on the MACD and EMAs.

By: Rapid Forex

Rapid Forex — Wed, 21 Apr 2010 01:41:06 +0000

@Kulvadee – watch the videos that I’ll be releasing next week. They’ll answer a lot of your questions

By: Kulvadee

Kulvadee — Wed, 21 Apr 2010 00:35:59 +0000

Can you teach how you setup your chart?

Thanks.:)

By: Rapid Forex

Rapid Forex — Tue, 20 Apr 2010 15:59:16 +0000

@Tim – I’ll be showing more about this in the Forex Sailing course & the 90 day bootcamp. Forex Sailing will be done by the end of April & the 90 day bootcamp will kick off in May. I’ll keep this in mind when doing those events & try to work it on for you. There will be plenty of trade examples using all of the stuff I’m teaching on the blog.

By: Tim

Tim — Tue, 20 Apr 2010 15:57:15 +0000

Hi Brian

I really enjoyed reading and studying this post for the third time, which has helped me understand about these indicators a whole lot better. Could you show a past trade that you’ve done showing how and where each indicator is applied? This post hast been very insightful!

Thanks,

Tim

By: Rapid Forex

Rapid Forex — Wed, 24 Mar 2010 22:26:57 +0000

Ronnard,
You’re right, the periods aren’t set in stone. They’ve worked well in the past for me and other traders. You’re certainly welcome to use other periods. The MACD is simply there to give you a visual of the divergence, so using a short (small #) and a long (large #) is all that’s needed.

By: Ronnard

Ronnard — Wed, 24 Mar 2010 09:18:12 +0000

Why are there used 12 and 26 periods ?

Is that historically founded ? In principal one could use any period, like 12 and 24, if one wants to do day trading, or 15 and 60, if one focuses onto 1 hour trading.

regards

Ronnard

By: Rapid Forex

Rapid Forex — Fri, 19 Mar 2010 21:28:23 +0000

That’s funny Vince. I tried thinking of another one, but you got me on this one. Great sense of humor.

By: Rapid Forex

Rapid Forex — Fri, 19 Mar 2010 21:26:57 +0000

You brought up some good points Jeff. Thanks for sharing this with everyone who is reading the rapid forex blog.

By: Vincent Thomas

Vincent Thomas — Fri, 19 Mar 2010 20:20:57 +0000

I thought MACD stood for:

Moving
Away from
Crappy
Decisions

At least it could mean that if you thought the MACD was an that provided valuable forex trading information.