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On September 6, Russian Presidential Aide Ushakov said early on the 6th that President Putins meeting with US President Trumps special envoy Witkov and son-in-law Jared Kushner at the Kremlin on the evening of the 5th lasted more than three hours and was substantive and "constructive." Ushakov said that the Russian side made a clear and comprehensive assessment of the current situation, including the situation developing during the special military operation. In particular, the Russian side pointed out the actual progress made by the Russian army in the theater of operations and expressed confidence in achieving its established objectives, while also emphasizing the necessity of eliminating all the root causes of the conflict. Ushakov stated that Russia reiterated its willingness to continue working with the US to seek a solution through political and diplomatic means. Both sides confirmed that the two presidents will continue to maintain direct contact.Russian Presidential Aide Ushakov: Putin is prepared to cooperate with the United States to seek a diplomatic solution to the Russia-Ukraine issue.September 6 - According to the Islamic Republic News Agency (IRNA), the public relations department of the Iranian Islamic Revolutionary Guard Corps issued a statement on September 5 denying that the Isfahan nuclear technology center and nuclear facilities had been attacked, calling the related reports purely fabricated. The statement said that spreading such content during the current sensitive situation is an attempt by hostile forces to create tension, disrupt public opinion, and incite public panic.September 6 - According to Irans Fars News Agency, a deputy political official of the Iranian Revolutionary Guard Navy stated that in the 10 days leading up to August 30, Iranian naval forces were "punishing" two to five "violations" of regulations every night in the Strait of Hormuz. The official added that the US attacks "did not cause the slightest disruption to Irans control in the region."On September 6th, Israeli public radio reported on the 5th that the Israeli military is preparing to partially withdraw from southern Lebanon and plans to establish a smaller "safe zone" along the Lebanese-Israeli border. The report stated that the Israeli military recently completed the destruction of Hezbollah tunnels beneath the Ali Tahir heights in the Nabatayah region of southern Lebanon, subsequently formulating the aforementioned relocation plan. Israeli security officials said that under the new plan, the Israeli military will withdraw to a position closer to the Lebanese-Israeli border, reducing the depth of its controlled area in southern Lebanon from the current approximately 10 kilometers to 3-4 kilometers. The new deployment line, referred to as the "grey line," will replace the current "yellow line."

How to use MACD in trading?

Eden

Oct 25, 2021 13:27

What is MACD?

Moving Average Convergence Divergence, is a medium- and long-term trend index, widely used by investors.   

MACD is a combination of two lines: the slower moving average DEA and the faster moving average DIF. 

The distance between this two line is displayed by the red bar and green bar.

The junction of those two bars is called 0 axis.

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How to use MACD in trading?

When DEA and DIF run on the top of the 0-axis, rising force is dominant. 

At this time, DEA DIF cross over the 0-axis is the signal of taking long positions.

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When DEA and DIF run under the 0 axis, downward force is dominant. 

At this time, DEA DIF cross under the 0-axis is the signal of taking short positions.

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DEA DIF run close to the 0-axis for a long time. 

Once it diverges upward, the rising trend is very strong. 

We should make long positions and hold them.

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DEA DIF run close to the 0-axis for a long time. 

Once it diverges downward, the downward trend is very strong. 

We should make short positions and hold them.

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MACD deviates from the price and appears at the end of a trend, representing a reversal. 

When price rises, MACD falls, indicating that the rising trend is to reverse, 

which is the signal of long positions coming out.


When the price falls, MACD rises, indicating that the downward trend is to reverse, which is the signal of short positions coming out.

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Now give MACD a try!