Review: You Need To Know About MACD
Rating: 5 out of 5
Date: 06 16, 2014
If you're like me, and you're still new to trading, this book is a must have for your library. I was looking for info on simple indicators to follow, and a friend recommended that I look into MACD/Divergence Trading...huh? You ask.... it calculates the difference between an instrument's 26-day and 12-day exponential moving averages (EMA) (thank you Texas T for putting that so well). This book is not too extensive, so the newbie can definitely keep up. It is a brief, but thorough, explanation of how to set up your trading system to ensure you have management rules in place.There are also a lot of helpful examples, and if you're like me, you need them.I would definitely recommend this book as a keeper for the new trader's library.