A simple strategy MACD

Creating a strategy Forex trading should not be a difficult process. Today we look at a simple strategy MACD trending markets.

It can be extremely trudna for new traders to finalize a strategy for trading in the Forex market. Options for entry are virtually unlimited, and often it is better to have a simple strategy in standby. Today we will review the basics of a simple strategy MACD, based on the finding of the trend after the use of a performance indicator.

The first step to any successful marketing is identifying the trend. One of the easiest ways to find a trend by drawing a trendline. Traders can connect lows in an uptrend and find a clear area where price supports. Below you can find the ascending trendline EURCAD.

Given the above information, the trader should seek where to buy EURCAD and remain so as neobhorimo. If this trend continues, it is expected that prices will stay above support and will create new

MACD Entry

Once trendline is drawn, and the trend of the market is established traders will begin to search point for a new position. One of the easiest ways to find the right place to enter the deal is through the use of an indicator. Below you can see EURCAD daily chart, this time with MACD added. Since we have identified in EURCAD uptrend will have to buy when MACD, crossed the blue line chervenat.

Risk Management
In trading on the fine. Markets will always have a certain degree of risk. When trading trend is important to know that the price will eventually come to an end. It is necessary to determine the level of stop loss and take profit.