When the market explodes out of a channel, either rising above resistance or dropping below support, use the momentum technique with the MACD. This is generally a position trade, lasting several days or even a month. While youll pay a small overnight renewal fee (with most brokers) to keep the trade active, these trades generally bring in enough pips to make holding the position well worth your while.Moving Average Convergence/Divergence (MACD) is a popular indicator tha…

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