Ensco Is My Offshore Driller Of Choice Now (ESV) – Seeking Alpha

As you get involved in trading in the Currency market, you should start to establish trading patterns. If you try to improvisate, you can wind up losing a lot of money. You should try to automate your trading so that you reply to specific scenario in very comparable ways.

Ensco Is My Offshore Driller Of Choice Now (ESV)Seeking AlphaI will look at the moving average convergence-divergence [MACD] chart next. I see that the black line is just above the red line with the divergence bars increasing in height which tells me bullish momentum is in the name. As for the stock price itself …and more »…Ensco Is My Offshore Driller Of Choice Now (ESV) – Seeking Alpha

Emotion is not part of a foreign exchange trading strategy, so do not let fear, greed, or hope dictate your trades. Follow your strategy, not your emotions. Trading with your emotions constantly leads you astray and is not part of an effective currency trading strategy for making a lot of cash.

Additional resource on MACD

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