Trade The VOLUME : Volume indicators are used to determine market interest. High volume (especially near the bottom of the market) can indicate the start of a new trend while low volume indicates investor uncertainty.
Posts Tagged Forex
Today GBP : PMI News
9:30am GBP High Impact Expected Manufacturing PMI : expect 49.8 : Before 50.0
means if higher than 50 Buy GBPUSD , Lower than 50 Sell GBPUSD
Actual release : 45.8
Down 36 pips
Today’s High Impact News (GMT Time)
9:30am GBP High Impact Expected Manufacturing PMI : expect 49.8 : Before 50.0
means if higher than 50 Buy GBPUSD , Lower than 50 Sell GBPUSD
3:00pm USD High Impact Expected ISM Manufacturing Index: expect 48.6 : Before 49.6
means : if higher than 49.6 Sell GBPUSD of EURUSD, if Lower than 49.6 Buy GBPUSD or EURUSD
The 4 Hrs MACD Strategy
This strategy is base on the 4 hours and the MACD indicator chart.
It plays like this
When the macd makes ROOF PEAK and the last macd go down it’s the down signal coming out, and vice versa ( when it makes the upside-down roof peak , the up signal comes out. )
here’s the example
