This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Are you asking for trouble if you're long in today's markets?

Thanks for the example pixel. I use to have MACD, along with a bunch of other indicators but I drove myself mad by taking all signals. Hence now I only use volume and price action.

I guess you should really understand what the indicator represents and how it works before using them haha.
 

It dies help indeed, understanding what an indicator represents.

In my chart templates, I'm using very short deltas, which allows me to equate the delta(price) over delta(time) function even closer to ds/dt which, in Physics, is how velocity (first derivative of distance over time) is calculated. Multiplied by mass (or volume in the case of trading), velocity becomes momentum - which is what I keep referring to when I talk about the red line as a measure of momentum.
Along the same line of reasoning, dv/dt becomes acceleration.

Here is the transcript of a lecture I presented to a group of Brokers several years ago: http://rettmer.com.au/TrinityHome/Trinity/MACD slides.pps
 
As time has passed, the support noted at thread start held strong. Gives credence to the thought that professionals are organised while the retail mob follow suit.
 
I think the thread should be titled
Re: Are you asking for trouble if you're short in today's markets?

Buy high sell higher
 
Cookies are required to use this site. You must accept them to continue using the site. Learn more...