Wednesday, 7 June 2006
Learn Forex Trading - Technical Analysis using MACD Indicator
Learn Forex Trading - MACD indicatorMoving Average Convergance and Divergance (MACD) is one of the widely used indicators in forex trading community. The indicator is calculated on the basis of moving averages. We'll definitely go through Moving Averages tomorrow. Currently please just remember that MACD is based on moving averages.MACD is calculated by subtracting longer moving average from
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