MACD. Let's just clarify some thing about this little beauty, there is NO OB or OS with the MACD it is an Unbounded Oscillator. By reading PA and matching it with the MACD pattern "some of you" will be able to confirm a swing point. The rest of us need more help.
Although I posted explanations for both the Stochastic and MACD earlier in the thread, for those who did not read them here are 2 opposing views, one for one against. it's just like real life!!
http://www.eurofinance.bg/en/2012/05...vergence-macd/
http://www.thestreet.com/story/11400...indicator.html
Although I posted explanations for both the Stochastic and MACD earlier in the thread, for those who did not read them here are 2 opposing views, one for one against. it's just like real life!!
http://www.eurofinance.bg/en/2012/05...vergence-macd/
http://www.thestreet.com/story/11400...indicator.html
Cut your Losers short and let your Winners run.