DislikedHi Tamkras,
I don't think that my comments were about a particular trade but rather about the MACD methodology in general. I particularly found your observations about macro economics of interest. From reading the posts on this thread ( and others) there is generally a healthy pre-occupation with immediate and upcoming price movement and so it should be. However, I find myself to be equally fascinated with the entire anatomy of the Elephant just as a matter of my own curiousity and in the hope that it will make me a better trader. Part of the study of the anatomy includes knowing who the players involved are (particularly the market movers) and how they approach their trading. The Elephant leaves behind it's tracks and these tracks tell a story in that the Elephant is a creature of habit, where it has been it is likely to go again. Price pivots, your wonderfull way of observing nesting tops and bottoms and classic support/resistance are examples of this sort of thing. If I may be allowed to make another silly analogy, I guess that I enjoy studying the forest as well as the trees.
Hope you had so much fun dancing that you wore out your shoes!
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