 Baiklah. Hai, Hai, Hai. Hai, Hai. Hai, semua. Wow, okey. Okey, mari kita berikan pergerakan untuk orang lain untuk membawa sebelum kita mulakan. Okey. Hai, Hai, Hai, Hai, Hai, Hai, Hai, Alexander. Hai, Illa, Illa Bu, di TNA. Hei, saya baik-baik. Hai, Hai, Hai, It's nice to see you, man. Hai, Richard. Hai, Pili. Hai, Muhammad. Zelaya. Selvado. Okey, ada seseorang panggil Samsung. Okey, tak apa-apa. Okey, terlalu banyak orang. Jadi, saya akan berhenti membaca nama. Okey, jadi, ya. Selamat datang kembali. You know, take me webinar exclusive master class. We'll be on the MACD. We'll be talking about the MACD is a very, very basic. Very, very basic bare bones indicator. So, most of you guys who have first started trading will have likely seen the MACD indicator. Hey, good morning. Good morning. Good morning. Good afternoon. Oh. Hey, hi there, hi there. So, ya. My name is Chen Yongqing, by the way. My name out. My name is Chen Yongqing. So, we are actually the finalists. So, let me get my slides. Okey. So, I'm actually from Evers Fortune Group for those who are new here. So, we are the best finalists for the best forex research for 2019-2020 and 2021. So, we are also the finalists for the best equity research for 2020 and 2021. So, right now, we actually have a special collaboration with TickMail where we are bringing you guys the good stuff. Jess, before I begin, just got to read the disclaimer. So, do bear with me. So, the material provided is for information purposes only and should not be considered as investments advice. So, the views, information or opinions expressed in the text belong solely to the author and not the author's employer, organization, community or other group or individual or company. So, do take note that this webinar is recorded. So, it will be uploaded to YouTube, LinkedIn or other social media platforms. Okey, before I begin, just a quick look. So, we actually have a traders club. Let me show you guys the traders club. I'm loading it. I'll send the link over. Okey, let me get this to load. Okey, what is the YouTube channel? Okey, first, I'll let you know the YouTube channel in a bit. So, I'm just checking out the traders club. Okey, just a quick look. This is the TickMail's exclusive traders club. So, if you guys want to be here together with me, together with Desmond, together with the other analysts, Jin, Sarah, you guys can actually sign up for the TickMail's traders club. Let me try to get the link out. Where's the traders club? Okey, traders club. TickMail. Alright. So, I'll send the link to the chat. So, guys, everybody feel free to check out this link. So, it's a very, very cool application. So, there's latest news events. It will be typed out manually by Jin Dao. So, Jin Dao will be every day searching the latest news that you guys can read up on. Exclusive market insights. So, there are trading discussions you guys can ask us any questions there. We'll try our best to answer you. So, there's actually a very, very cool feature about the traders club. There's something where you can actually link objects to text. So, let me show you how it works. It's extremely, extremely cool. So, for example, I want to go to the euro dollar. So, I'll just do a test. So, let's say okay, let's say maybe I go to the hourly chart. Let's say let's say that I'm expecting euro dollar to retest the overlap, you know, the overlap resistance area. So, I can likely put tries could possibly retest the overlap resistance level then common before heading back down. So, just an example so I just draw line out click on it there's quite a nice overlap area overlap area overlap resistance right there. So, what I will do is let me delete all these lines first. Okay, what I will do is I will actually highlight the overlap resistance. So, you take a note on the top at the bottom right hand corner I highlighted it out. I click link object to text. So, I can actually link the overlap resistance confirm it and then I send it out. So, when you're looking at my analysis, you guys want to know what am I talking about. You can go towards, you can highlight overlap resistance. So, on your charts, you can actually see what exactly am I talking about and you can be confused especially this this just an analysis that I wrote earlier on. So, I was saying that price create the previous row where is the previous row. So, take a look create it out expect price to continue heading towards the support where the previous swing row is. Highlighter data, so actually is highlighting the horizontal link is not working for the United Kingdom. You try again maybe try a VPN cause it's actually on the TickMills official website. So, please sign up for it so you don't need to trade solo you can join the community share your thoughts on trading then you can save hours of your trading plans type it out see what others think about it. So, start using the traders club today. Start working for the UK always the same result redirecting to TickMills UK So, if you have this problem feel free to email the TickMills email the helpline can contact the support so send the support over contact them let them know your issue so this shouldn't be the case everyone should be able to assess the traders club just send a link to the chat already to ask them Okay, so let me just delete that analysis just since it was a test Okay, there's also a cheat chat you guys can talk there ask us any questions Okay So, let us begin So, MACD masterclass so a few topics to cover today Okay, somebody ask a question Parani Sami So, you said that you today only registered for the life account and you found out that Signal 2 in MT4 Okay, what do you mean by that Parani Sami Okay, Etiani ask how do you enter the traders club So, please check this link out first and then you can actually join the traders club So, few topics to cover today What is MACD Interpreting the MACD MACD trading strategies Combining MACD with your trading strategies Okay Eh, no problem, no problem Dejoko So, what is the MACD So, the MACD is the MACD or rather called the moving average convergence and divergence is actually a very popular technical indicator using stock trading and other financial markets So, it is actually a momentum oscillator that helps traders determine the strength and direction of a trend So, let me check Do I want to talk about the calculation Okay Just for general knowledge you do not have to remember it do not have to jot it down So, the MACD is actually calculated using the 26-day Exponential Moving Average also known as the EMA from the 12-day EMA So, this difference is then plotted as a histogram and is used to determine the momentum of the trend So, a 9-day EMA of the MACD is also plotted and is used as a trigger line to generate buy and sell signals MACD rises above the trigger line So, there is some kind of crossover So, if it rises above it is a buy bullish signal and suggests that the stock or security of forex currency pair that you are looking at is likely to continue to rise So, on the other hand so, when the MACD falls below the trigger line so, it is going down suddenly there is some kind of crossover It is actually a bearish signal So, it suggests that the stock security or forex currency pair that you are looking at is likely to decline to the downside Also, the MACD also includes a histogram that displays the difference between the MACD line and the trigger line So, when the histogram is positive it indicates a bullish trend and when it is negative it indicates a bearish trend Okay, I'll answer you in a bit So, MACD is actually quite a powerful technical indicator So, it actually provides traders like us with valuable information about the momentum and direction of a trend So, it is very useful for short-term and long-term traders and is widely used in the financial markets especially retail traders Okay, so, you ask which timeframe should you use Well, it actually depends on your trading strategy It also depends on how comfortable you are So, you should stick with that since that's your strategy Some people like to go towards 15 minit, 5 minit or 1 minit charts It works very differently for everyone So, I cannot comment on that So, moving on to the components of the MACD Oh, by the way Before I continue If you guys have any questions feel free to let me know So, I do not want to Okay, try not to wait until towards the end of the webinar then you guys are to ask me questions So, by then I might be bombarded with so many questions that I might actually miss out on your question So, as I go along just send your questions in Okay, so, we don't ask can we have a soft copy of this recorded video to get back and review it So, it should be uploaded on the TickMail YouTube channel TickMail YouTube channel It should be right there So, just copy the link to the chat Subscribe to the channel Alright Let me continue Okay, next Where's the PowerPoint Okay, components of the MACD indicator So, you just got to know this rough guide of what is going on do not have to memorise it It's actually just good for general information So, the MACD indicator consists of several components that provides variable information about the trend and momentum of the currency pair that you are trading So, these components include the MACD line So, I'll talk about the MACD line first So, this is the primary primary line of the MACD indicator and is calculated by subtracting the 26-day exponential moving average from the 12-day moving average So, the MACD line helps traders determine the momentum and direction of the trend Next, we have the signal line So, this is a 9-day EMA of the MACD line and is used as a trigger line to generate buy and sell signals So, when the MACD line crosses above the signal line it is a bullish signal and when it crosses it is a bearish signal So, next is the histogram So, this actually displays the difference between the MACD line and the signal line So, the histogram is positive when the MACD line is above the signal line and negative when the MACD line is below the signal line So, the heights of the histogram bias indicate the strength Next, we also have the zero line So, this is a horizontal line at zero and represents the points where the MACD line and the signal line intersect So, the zero line can also be used as a support or resistance level for the trend Okay, so next Okay, so Syed Muhammad you ask, can you tell me can I tell you what the pip size is to put for different time frames Well, I cannot tell you what pip size do you mean by lot size to use for stop loss or take profit area because it all depends on your trading strategy So, let me take a look So, let's say for example, usd-chf So, let's say on the hourly time frame let's say if you want to take a long position or short position I say you are trying to short deal to the CHF news earlier on that was very very bullish for the CHF So, maybe your stop loss right above there On the one hour chart take profit maybe you want to aim for the previous swing low right there That could be a possible take profit area that you are looking at But if you actually move on towards the 15 minutes time frame some of you might want to say that oh, because price respects this area right here So, you actually want to put your stop loss right above there It's actually up to you It depends on the time frame that you are looking at It also depends on your trading strategy Okay, next I do apologise for that I'm having some sniffles Okay, next Interpreting the MACD So, first we have the MACD line which is the blue line Signal line which is the orange line and the MACD histogram is all this green colour staff and this red colour Next, the zero line is the straight line horizontal line across the entire MACD indicator So, using the MACD indicator you can actually go to trading view Let me clear all this out Trading view I still hate towards the Give me a moment I do apologise, I got to set something Okay, let's get back to it Okay, so you can actually go under indicators Type out MACD So, it's the moving average convergence divergence, click on it So, next you actually have the MACD indicator It's actually free, you do not have to pay or it's Okay, so Etian Jobot ask, please use the MACD in combination with price action to show where would you enter for the sell or buy So, where are price action, what do you mean by that I've heard about price action moving from one area to another using supply and demand So, I don't actually use price action for my trading, I actually rely on ICT concepts or rewards for my trading or smart money concepts Okay So, if you're actually using MACD with your price action, feel free to share your chart with the chat, I'm sure of all everybody will be glad that you're sharing, we can actually take a look at it and review it together Okay, let me start So, since we have the MACD out already Got it, got it, MACD cross over So, if you actually look at this, let me find the example and actually highlight Okay, look, if you actually see the MACD cross over, the signal line very nicely price action starts to reverse towards the downside but when price next one price over here crosses over very nicely price starts to head towards the upside We interpret the MACD indicator It's actually relatively simple So, we can move on I'll just use the Okay, maybe I should use the euro-dollar Okay, looking at the euro-dollar Okay, let me find a use the vertical line So, it's very easy for you guys to see Vertical line, you notice that once price actually had a crossover right there crossover at the bottom there price started to move towards the upside but when price starts to cross over once again price started to move towards the upside So, right now, at this point in time price has actually where's the has just crossed over So, we likely might see bearish momentum continue for euro-dollar towards the downside maybe clearing out this previous low right there So, likely could clear out that low, that could be a target that you are aiming at short position, stop low slightly above and take profit right there Okay, can guide Okay, let me answer a few questions first Okay, as I mentioned feel free to send your chart in so we can discuss on it So, siat, you ask which timeframe is good for analysis day trading? Well, you can actually stick towards the 4 hours you can start by the daily moving down towards the 4 hours chart towards the 1 hour chart and towards the 30 minutes, 15 minutes chart can use it for day trading for more experienced traders you guys can move on to the 5 minutes and 1 minute chart Okay, so, para nasimi you ask how to set up the parameter Well, it's actually free, it's under indicators on trading view indicators you just type MACD So, it's the moving average convergence divergence Do not have to pay click on it and the setting will all automatically be done up for you Okay, as Zilchil, you ask you needed to enter a telegram to learn more about it, what do you mean? I don't think there's a telegram where you can learn more Well, you can actually check out YouTube it's free to learn over there In fact, I would say 95% of what I've learnt through trading was actually read of my knowledge was actually done through YouTube As you search through YouTube, you have to filter out good and bad information Information is there is plentiful but you got to learn which is bad and which is good who is right and who is wrong Next, let me find another type of entry Okay So, this could be a possible sell entry Just now, there was a crossover Stopper was above Can likely aim for that Go right there Okay, next, let me look at this slide Buying signal as mentioned Once price crosses over you can start to buy towards the upside So, MacD trading So, it's actually a lagging indicator There's also fake signals So, it might not be right It also depends on the crossover strength and a potential reversal So, buy entry This is very neatly laboured out already Working starting from the left side of the chart We have the crossover price starts to move towards the upside Another crossover So, notice right here What happened? It was actually a fake signal So, although it says the crossover is happening you can actually start to work for a buy but price continues moving bearish It's another one price crossover small little by the strength didn't sustain on the histogram Before it had a crossover Before it had a crossover Towards the downside So, it's a very very strong bearish momentum detected on the histogram So, this is another one crossover but it's a very very clear bearish downtrend So, for me how to avoid false signals I would try my best not to fight against the trend If the trend is bearish Continue looking for sales Try not to trade against the trend So, that's what I've learned So, trading for the past few years Once you are fighting a trend most of the time you might actually use the trade Okay, give me a moment Okay Next, let's take a look Another one, another crossover So, this happen to have strong bearish momentum on the histogram that cause price to continue moving upwards So, one confirmations we cannot just rely on the indicator you cannot just go and make the crossover you start to buy crossover sell if it's so easy just think about it everyone would be making money everyone would be profitable from trading you got to combine with other types of trading strategies to have that kind of final confirmation that very very good confirmation for your trading before you enter any trades So, look at this Before price continue moving bullish So, looking at this area very very likely very very likely since I'm using smart money So, I'll just type it down in the chat smart money So, if I look to the left likely to the left of the chart there could be something that cause price to actually bounce off So, I always look for supply demand and liquidity areas Before I enter any trade I want it to tap at least into the supply demand or at least clear out some sort of liquidity before I have that better confirmation Okay, let me just take a look Okay, just before I continue So, by the way I actually share free staff on trading view So, if you want to follow me feel free to follow me on trading view So, this is my trading view account So, I'll send a link to the chat Feel free to follow me It's free to follow Right there Feel free to follow me So, I'm nearly hitting 600 followers So, I see there are quite a number of you here today Please help me to hit 600 followers Let's do it, you guys can do it So, I'll try my best whenever I am free to provide you guys with free analysis on euro-dollar especially So, for this specific situation I'm expecting euro-dollar to likely tap into the H1 fair value gap So, I actually have all my explanation down in the description Fundamentals recap It's very, very different with all these are typed out manually by myself Ideas, so I'll show you guys all the ideas what I'm actually looking at So, this was a potential forecast that I did last week if you take a look, it actually tap into that breaker block and actually hits the take profit target Hey, thank you Hey, thank you Joseph for following Appreciate it I'm trying to hit 600 followers Hey, Salvador I just saw your question in the question and answer area of zoom So, you are asking how to determine a quality trade using the MACD indicator Well, I'll show you guys in a bit Hey, thank you Please share the link Feel free to follow Wow, nice, thank you guys So, 4 people have just followed me Appreciate it Alright, so I'll just share I'll try my best to share more I'll try my best to type out in detail If you guys enjoy it, feel free to boost it also You can click on boost It's actually free Okay Next, let me take a look Okay I do apologise Okay, if somebody ask how to explain the liquidity area That's a good question Okay, liquidity area is places of relative equal high So, if you are looking at the 1 minit chart An example would be this looking at the 1 minit chart You notice that relative equal rose let me just find it Okay, relative equal rose or relative equal high Trying to find an example that was already clear Okay, looking at it Right here, if you notice These areas These areas, they are relative equal high So Let me check Okay, this is actually quite a nice one Quite a nice confirmation Together with smart money concept, liquidity area So, if you notice There's a nice line across Price actually went up to clear the liquidity hotspot before it Had a MACD crossover right here So, let me just draw a line Where's that vertical line So, we had a MACD crossover right here So, with our first Confluence in place Price just create liquidity Had a MACD crossover Fibonacci line So, I'm always looking for at least 50% So, 50% More or less there But 38% will do So, it actually cleared out the 38.2% Fibonacci area MACD crossover You can actually start to Look for short position immediately Stop loss Above the recent high And aim for the Next level Liquidity How do you spot liquidity? So, today we'll be talking about MACD So, please feel free to check out YouTube So, actually I'll just do another Very quick example taking a look Right here, relative equal high Let me get my chart out Relative equal high Relative equal high Right Please check YouTube on it Okay, next Let me check something Relative equal high Next thing I want to look at Relative equal low So, if you notice right here Liquidity hotspot we also have Relative equal low area Right here Price could Possibly In fact, it actually went down Clear out the previous Relative equal low Right here, short position At the MACD crossover earlier on Short position, stop loss above Aim for debt area One-to-one Risk to reward trade So, feel free to check it out Also Okay, let me continue the slides First continue Let me check who else has followed me Okay, 586 We can do it, 14 more of you Hey, hi there Sony We're watching the ongoing webinar Well, welcome Feel free to follow me on trading view 14 more follows, we can do it By the end of this webinar Let's try to aim for that target Okay, next Okay, where is it Cell entry So, with the crossover right here You notice that The histogram also reflected Relatively Quite a strong bearish momentum As I mentioned There should always be some sort of supply And demand area So, in this case It should have a supply area Or some kind of liquidity hotspot That should be cleared out Before you look for Another MACD crossover For price to continue bearish Same thing over here There is a crossover Price continues, bearish Continues towards the downside For the trend So, this is a good one Well, this is a bad one Because there was no confidence Towards the left side of the charts So, if you're selling Well, I don't think it actually tap into any supply There's no other reasoning Other than a crossover That happened So, right here, it's not bad Why is it quite a good one Because we have Relative equal high Create that area out Liquidity before Continue, bearish So, looking at this area Why is it not a good signal Because you notice That Although price crossover Already crossover and crossover Twice the histogram If you notice That's very, very weak Bearish momentum So, price could actually Possibly already started to reverse Towards the upside Okay, let me Next, sell entry Let me find a sell entry On trading view Next, let's take a look at GBP, USD Okay, let me find one Let me find a downtrend one U, USD Sell entry Crossover Okay, let me find one That is good, a good explanation Okay, so this is likely A news event Candles like this usually news events I will try to avoid giving you guys An explanation on that So let me find one So many news events Maybe Towards the one minute chart Okay, I'll draw the vertical line I'll just start to mark out So along the way I'll do the explanation Vertical line, so we actually have High crossover Stick to drawing mode So we had a crossover Crossover, quite a bit of crossovers On the one minute chart Okay, I'll stop right there So you notice On the one minute chart, what happened First of all I'm looking at the first MACD crossover that cost price To continue bearish A very, very good example So if you look to the left side So I'm talking about at the top Continue looking towards the left side Of the chart And You notice that Zoom out Let me get the line out price Clear the relative Equal highs So over here Clear out the liquidity hotspot Liquidity Got taken out, so this is actually The ability trade So if actually zoom in You notice that Relative equal highs I'm looking at the weeks WICKS Weeks Of relative Equal high So there should be liquidity hotspot Feel free to screenshot it So I'll just screenshot it down Send it to chat Copy link to the chart image You guys So if the weeks of relative equal high Indicating liquidity hotspot We move towards the left side All the way towards the left side You notice that price Clear immediately had a MACD crossover You can start to Take a short position Take a short stop Slightly above Aim for Your next target So for your target, I will not be explaining to you So the profit target could be When price starts to reverse So maybe an example Something like right here The first reversal So you can start to Close out your trade Or take partial Since the overall trend is bearish You can actually close half of your trade And continue to hold on Until the next MACD crossover Happens So at this point maybe at a second crossover You can potentially close out 100% Of your trade Okay Let me find another one So looking at this Nice little crossover Right here Quite a nice MACD crossover there So you notice Relative equal high Relative equal high Liquidity hotspot Draw a line Price create that area Before Causing a MACD crossover Crossover right there You can actually have a short position in place Take a short Stop slightly above And aim for price to continue Moving towards the downside So you can continue holding on to your trade Holding on holding on until What happens until the next MACD crossover happens So it happens right here So you can actually hold on So by then you would have close out to your trade Roughly somewhere there At the next crossover Close out to your trade So just type this out Tax Liquidity Then what is that? Relative equal high So label it out As cleanly as possible Relative Equal High I'll send it to you guys Okay Attyani ask what is the rule Of the zero line Can it be used as a buy or sell signal As well Well it's actually the zero line The horizontal line Use as a support or resistance level So if price On the histogram Example right here Breaks above the zero line You notice that Price is moving towards the upside Or price breaks below Some bearish momentum is detected You can actually use it as some sort of Support resistance But you do not have to look at it You only are focusing on the Crossover when it happens And how strong How strong the Trend is by using the histogram Okay Let me check one more time Ah one more follower Yow 13 followers Try to get by the end of this session We are almost there Okay So I know some of you guys Some of you guys actually ask in the question Okay somebody ask So Jonathan Jonathan You actually ask How do you want to ask me some questions After the webinar After the previous session How do you contact me Well I've sent to you guys already Follow me there Or you can actually Check me up directly here Wing 3 Wait I'll be right back I'll get that link out available For you guys So Jonathan give me a moment Okay So link Let me get it link To Alright Feel free to check this link out Everything about me is there You can follow my YouTube channel or whatever You guys want to At the end of the day it's up to you guys Whether you guys want to support me Send it the link to the chat already So next Let's take a look MacD trading strategy exit That's not already showed you guys Once you enter the buy By position Close out at the next MacD crossover Close Gigi Christian No problem Next Another one When you close out Sell Enter a sell So your sell position should be roughly right there You can close out at the next MacD crossover So next crossover is actually Roughly right here So you could close out to your trade right there So you sell again Take a short position You can close out once the MacD line start to crossover Roughly right there Close out your position Yes I do I wouldn't be mentioning the name of it Live on this YouTube channel So you guys can actually find out True that link that I've just sent to you guys Feel free to follow My Instagram or whatever you guys want So my Instagram is actually Called Chen Yongjing FX Next Combining MacD With your trading strategy So first you got to identify The trend whether it's bullish Always trade with the trend Bullish or Bearish Trade With The Trend Try not to fight against The trend So Maybe I might I'm thinking whether to show you guys So I actually have a I'm actually working very hard on the Let me open my FX Book So I'm not promoting For my FX Book But I actually use this to show The Let me sign in To check my stats So last year I've been trying out The ICT concepts versus My old strategy If I'm very honest with you guys I actually was fighting against the trend So I actually had a reversal Strategy that I was testing out That did not work well So I tried out for 2 months So you can actually see the turning points Once Let me get my account in Trying to get the login Okay I don't think I can login Let me find my FX Book Sayyid Muhammad You actually ask different timeframe So how do we conclude trend So what I like to do is I always like to follow the trend On the H4 timeframe So if the H4 is very bearish Like in this situation I would be looking for shots All the way down I would not be looking for longs So the digital news event Starts to strengthen the dollar Causing price to reverse Towards the upside Okay, just show you Let me get the Ah, I cannot show you guys Okay So I've been testing my strategy My personal strategy Since start of this year So right now Let me try to work in This is actually a life account So I've been tweaking Making it right So the problem with traders We do not like to wait We do not like to wait We do not like to wait few months To check whether your trading strategy Is right before you continue So for me I've just fixed a trading strategy Last year I was looking through So I sat down Found out my mistake with my strategy And I For the entire year My win rate is more than 90% Believe it or not So you take a look Looking right here So as soon as I confirm that my strategy is working For 3 months straight 90% win rate 80% win rate I'll just start to add larger amounts of money That's when you know that you are very consistent So take a look It's custom, it's already 101 On the 1st of January All the way this year So notice that I've only Lost one single trade Only one rate Since the start of this year all the way down It's all in It's all in blue It's all in the blue No no no I'm still trading the same way as I do I will not add any more orders So for this entire year just for an example I've taken 18 trades One single trade So I guess it's a 90% win rate So yeah I will do not hide I'll show you guys everything So most people will think this guy might be lying Because he said 90% win rate But There's the proof is right there I'm not lying So just showing you guys Please get the consistency right first Before you continue Pushing putting more money Larger amounts of money It's more It does not mean I can enter multiple orders Okay Syed Is it possible to copy trade with you Well I do not offer copy trading Staff will not be offering Any of it Yes I do So if you want You can actually enter this link Wait let me get this link out Feel free to check this out Okay So yeah let me continue Identify trend Bullish or bearish Trade with the trend Do not go against the trend So I like to follow the trend on the H4 time frame For me personally So support and resistance level Well you still got to use your classic support and resistance level Overlap support Overlap resistance level So cross over String How strong is the MACD crossover Using the histogram So we have the histogram How strong is the crossover Also We have the Let me get the next one out Potential reversal So you can actually use MACD as a reversal Type of indicator So on the larger Time frame I'll clear everything out Getting a bit messy On the larger time frame You notice that price was Very very bullish all the way Very very bullish going up Going up of a sudden we had a MACD crossover Right here So why was this crossover Very very significant So if you look on the daily charts If you actually draw a Fibonacci Okay maybe I should start from the weekly Top of the swing high Towards the swing low You notice that price has Tapped into the 50% Fib level Very very nicely tapped into that Before it reverse Towards the downside So going back to the one hour chart I think 4 hours was it Was it only 4 hours Going back to the 4 hours chart With price tapping into the 50% zone And a MACD crossover So I can kind of confirm That shots are taking over Stop plus above Start to aim 40 Next possible demand zone So that could be my next Possible take profit area So demand zone Okay That could be my next Take profit area So yeah just a very basic Basic basic Lesson on how to use the MACD Just looking at the crossover Looking at the histogram That's all that you are actually Focusing on Hey good morning Daihiro Okay Your name is Daihiro Dendere From Sokoto State, Nigeria Nice to have you here Next Any more questions Any more questions regarding the use Of the MACD indicator Feel free to let me know Before I end this webinar Any more questions also let me know So just now I actually entered a trade On USD CHF Okay a crossover Is about to happen next Okay I think it's in the ring That I just sent earlier on Okay Summ it all clear So I'm not going to lie It's a pretty bad trade I wouldn't say it was good So just now we actually had The CHF CPI news release At 3.30 Earlier on So roughly right here We had a CPI news release Somewhere here I wanted to continue the bearish trend So I took a shot at 3.09 Stop loss above The high I was trying to aim for price But Before I started this webinar I actually set my trade To break even So I just hit break even only Why? Because tomorrow there is the The US news coming up So it's actually very volatile And the dollar is strengthening So I'm not sure why it's still strengthening So I actually expected price To continue moving bearish Almost immediately by did not So I close out my trade There Price went up for maybe a good 2 hours Close out Exited Break even trade did not lose any money Did not pay any commission So I'll still take it as a win I mean although price is still moving down It is what it is Okay So no further questions Okay Appreciate you guys Thank you Okay If you use a trade We pay commission well If you use a raw There's a raw versus Type of account Accounts overview So we have a pro account We have a classic account We also have a VIP account So VIP account Definitely minimum $50,000 Spread starting from zero 0.01 And for classic account There is zero commission So I'm actually using a classic Account for my trading We are using a pro account Although the spreads are lesser But there will definitely Be commissions that you have to pay Alright So any more questions Before I end this webinar 589 11 11 more Let's follow 11 more Okay Where can you find the recording Well you can actually find it on the TIG News YouTube Thank you 589 We got 11 more We can hit 600 Alright If there are no further questions I would like to thank you guys For joining me today on this interactive MacD Masterclass So I'll take my time To thank everyone Okay let me read Please do not leave yet I will read out your names So thank you Argonian Thank you Anthony Thank you Ariani Thank you Ceridon Thank you Chris Santo Thank you Enium Thank you Atyani Thank you Azichil Thank you Ian Thank you Jane Thank you Jijiu Krishnan Thank you Josie DeGrisman Thank you Kentoy Thank you Kylin Thank you Lavarin Thank you Manua Thank you Maroon Thank you Maximilian Thank you Mario Thank you Nukul Thank you Paransami Thank you Paula Thank you Richard Yu Yes Richard Yu, nice to see you Thank you Salvador Thank you Sarah Thank you Saeed Thank you Sony Thank you Taruna Thank you Vivian Thank you Wally Thank you Wayne No problem at all I appreciate you guys Well the follow button is actually right here There should be a follow button Top left hand Top right hand corner Thank you guys So I'll see you guys in the next session You guys stay safe training Tomorrow we have big news events coming up Tomorrow the USDCPI release Take care stay safe And goodbye Let me end this over here