Yeah the current converging angles of MACD certainly show caution but it won’t stop there being daily or overnight trades presented while it’s in positive territory IMO. Grab the intra day spikes while you can. It’s why I included it in my post.
MACD can be a fantastic indicator for traders as when it begins to roll over which you have noticed to your credit, it often provides great trades as it indicates that the heat is coming out of positive momentum but it provides quick spikes. This doesn’t happen when MACD is going the other way. (Keep this in your tool kit when considering DT’s).
Cheers.
May Chart, page-5209
-
- There are more pages in this discussion • 7,801 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.2¢ |
Change
0.003(10.3%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.2¢ | 2.9¢ | $182.4K | 5.982M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 534562 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 1235000 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MAY (ASX) Chart |