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Macd - How Do Pros Trade With It?

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- See more at: http://www.netpicks.com/macd-indicator/

One of the first indicators I ever experimented with was one developed by Gerald Appel in the late 1970s called the MACD indicator, otherwise defined as the moving average convergence divergence indicator. The MACD histogram was added in 1986.

Right from the start I used it as a technical analysis tool, applied the macd indicator to the daily chart and used it to measure an increase in momentum, the overall strength of the market as well as trend direction.

I used it for Forex and Futures trading but everything you are about to read applies to stocks, commodities, virtually any market you can think of. It can make a very useful part of any trading strategy if you are keenly aware of the mechanics behind it.

- See more at: http://www.netpicks.com/macd-indicator/

- Visit our website: http://www.netpicks.com/

- Download the free indicator blueprint: http://www.netpicks.com/blueprint/

- Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs

MACD, moving average convergence divergence, momentum, trend trading

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