Today, another analysis in the ‘Quadrant with Charts’ series. The previous episode was even better received than episode two, and since I believe it is easier to convey the conclusions of the analysis in video form than by describing the charts in text, we continue the series, I invite you to watch episode 3.
In this episode, I focus on the upcoming macroeconomic events (calendar) and particularly on Wednesday’s (18 December) Fed decision and the dot plot chart. By the way, I present how by analysing the US30 chart using the MACD oscillator we can predict the next wave of increases.(below the video)
Interesting observation on US30 chart:
When the MACD falls below the ‘0’ axis and starts to rise again, this could be a signal for the index to return to an uptrend. History shows that this “pattern” worked 4x already.
LIVE EDUCATION: Here you will find schedule of my live sessions:
Links: BASIC (beginners room) ADVANCED ROOM
The above analysis is based on the PA+MACD strategy, a detailed description of which you can read HERE . I will talk more about the PA+MACD strategy applied to these currency pairs during the live trading sessions, which you can attend from Monday to Friday.
More current analysis on the group : Trade with Dargo
