Forex trading strategy #22 (Best of MACD Entries)
Submitted by User on June 4, 2009 - 04:00.
NAME: JAMES AYETEMIMOWA
SITE: www.bondfx.biz
EMAIL: [email protected], [email protected]
INDICATORS:
- 50 SMA (GREEN)
- 100 SMA (RED)
- MACD (DEFAULT SETTINGS) or MACD Traditional
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Friends, don't be so quick with judgments.
There is nothing wrong with starting a signal service, I thought of starting mine some time ago too. But then quickly I realised how much work it requires to deliver signals day after day...
Now I agree that signal services should be paid, however it is a good practice to start a free introduction in order to demonstrate the capabilities of signals generated, that's what, in my opinion, James did half a year ago on our website.
Best regards,
Edward
To USER on June 13th 2009 at 14:14
You don't know what you are talking about I have known this person for many years and he sure is no SCAMMER. Your last sentence is contridictory to the previous sentence. I trust his judgment completely and have made money from his experience. GB
"guys take care this fellow is a well known scammer he tried to start a signal service and advertised here a while back but everyone saw though him and that completely failed. Whatever you do trust him with your money." I still will not give them out for free
My Signal Services are not free again and not meant for all but for those who needs them, your money is not my success.
James
Who are you without a name and call me a scammer?
guys take care this fellow is a well known scammer he tried to start a signal service and advertised here a while back but everyone saw though him and that completely failed. Whatever you do trust him with your money.
Nariman, watch out for divergencies before you take your trades and the issure of money management will help you out. You can also change the TF of the MACD to 60min and ensure you take trades in the direction of that and the smas only.
James
MACD is overS when u have a cross below waterline and not only that the crossup occurs when the 2 lines are below the histogram you can feel that on the smas if u know how to check them
James. How do you define MACD oversold or overbought?
Thanks
Paul
Hey Barat,
The default settings u said are correct.
NOTE: Money management is important.
James
HI James,
Just need some help.... what are the MACD default settings please? 12, 26, 9?
Rgds.... Bharat
Excellent strategy James, appears to be very well thought up. Looking forward to applying this strategy along with others. Thank you for sharing.
Kenneth
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