Fortune sides with him who dares.
—Virgil (70 BC–19 BC)Roman poet
Strategy to Professional Status: Part IV—Phase 3
Aim: This is the second step in the technical analysis process to trading. Trend patterns have been recognized, momentum identified, and confirmed by strength indicators.
Looking for Momentum
Definition: The letters MACD stand for moving average convergence divergence, and it is a technical oscillator that is based on a mathematical formula. It is effectively price movement aimed at overbought and oversold signals.
This signal is easily available on most software packages, ...