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hello, i am having this problem with my macd indicator , wondering if anyone else has it, here is a screen shot of GU just taken at same time on diff charts on same platform, on one macd is red , on other it is green. when i woke up at 0800 gmt/0300 EST the macd on the chart was green but now it turn red. The GU short i took as TC at 0400 candle couple of days ago had the same problem, the macd was green when i checked at 0700gmt /0200 est, so i enter at 0400-0800 gmt signal candle but later it turn red . i thought my eyes were playing a trick on me at 2AM est. but now it just happen again. i saw the bounce of 21 to go short . Price had gone above 21 , came back below it then move up to it agian before moving down so it was all according to rules .but MACD was still green so i skippped it but now 40 minute later it turn red. any one else have this problem ???
EDIT: now the other chart has also macd turn red. what nice trade that i missed
hello, i am having this problem with my macd indicator , wondering if anyone else has it, here is a screen shot of GU just taken at same time on diff charts on same platform, on one macd is red , on other it is green. when i woke up at 0800 gmt/0300 EST the macd on the chart was green but now it turn red. The GU short i took as TC at 0400 candle couple of days ago had the same problem, the macd was green when i checked at 0700gmt /0200 est, so i enter at 0400-0800 gmt signal candle but later it turn red . i thought my eyes were playing a trick on me at 2AM est. but now it just happen again. i saw the bounce of 21 to go short . Price had gone above 21 , came back below it then move up to it agian before moving down so it was all according to rules .but MACD was still green so i skippped it but now 40 minute later it turn red. any one else have this problem ???
EDIT: now the other chart has also macd turn red. what nice trade that i missed
it could be an error of the macd indicator v103. the actual macd bar closed lower than the previous one and it should be taken as a signal no matter what color it is showing.
i personally use v102 and sometimes i get a macd bar that spikes through the macd moving average line. then i just switch to a different time frame and back and it fixes itself.
finally its breaking down.my H4 is closing in about 1 hour.what u think?can be a good trade?what u think about an early entry on H1?
. On the other hand it may break sharply, like on the GBP at the moment and we may miss the trade. But I would wait for MACD ZB and want to see the candle body close below 1.4700 level, that's my style, very conservative. You should find what works for you.
- #10,191
- Edited 4:40am Jan 9, 2008 4:37am | Edited 4:40am
- | Joined Feb 2007 | Status: Trader | 134 Posts
Risky, Bshadroo, very risky
But I would wait for MACD ZB and want to see the candle body close below 1.4700 level, that's my style, very conservative. You should find what works for you.
it's not a conservative style. it's the RIGHT style. you should pull the trigger only after confirmation. just like this morning when one could have entered long on e/u, but if you waited for a close above the previous high that never happened, it would have saved you from a one more loss.
here's what my 4h chart looks like.
- #10,193
- Jan 9, 2008 5:10am Jan 9, 2008 5:10am
- | Joined Apr 2007 | Status: Trader | 1,126 Posts
ok.what now? H4 closed below TL and 8,21 but not below 1.4700 and there is also a macd signal? shall we sell?
i really cannot decide because maybe the side market still doesnt finish and it come up from 1.4690 which is strong
i really cannot decide because maybe the side market still doesnt finish and it come up from 1.4690 which is strong
Morning all - anyone been looking at this pair and the setup which seems to be happening? The MACD has moved bk through the zero line. Higher high on the trend - waiting for the next 4 hour candle to close.
Thoughts please
cheers again
Thoughts please
cheers again
- #10,200
- Jan 9, 2008 7:12am Jan 9, 2008 7:12am
- | Joined Apr 2007 | Status: Trader | 1,126 Posts
heyyy
finally i sold that eur not in H4 close but in a tail with m15 after i become sure about the break down
i sold at 1.4700, tp 200ma
(sorry ryan ! i post the m15 chart to show the comback to the broken level
)
finally i sold that eur not in H4 close but in a tail with m15 after i become sure about the break down
i sold at 1.4700, tp 200ma(sorry ryan ! i post the m15 chart to show the comback to the broken level
)
