Hello traders, I just finished the school of pipsology. And I really don’t still understand how the MACD and pivot levels work. Can anyone please put me through?
So I’d advise doing the course again but now with a demo account open to practise. MACD explanation is here:
The following section goes onto show you ways of using pivot points to trade range markets and breakouts.
This should give you an idea of where or how these indicators can be used. You then have to do some back testing and chart time to see if they will help your trading.
After this, do some further reading by reading technical analysis books.
For reference.