This system uses MACD, moving average convergence-divergence. The pair used here is EUR/USD and time frame is 15 minutes chart. We use 30, 50, 20 for MACD. Entry point is when blue line crosses green line. You could use 20 pips for stop loss. Or you could use the latest swing high for short position and swing low for long position.
There are many factors that affect exchange rates of currencies. However some are more important in currency trading than others. These are; Interest and Inflation rates, Trade balance, Currency market speculation, Foreign investment and Central bank market intervention. Learn how to use these factors in your forex tra ...