newscalper wrote:Yeah, I think I draw my lines the same as you doji
TBH I don't think I'm going to get the hang of this
3 losses in the chop this morning and then this which actually was another loss as I'd added. Maybe should have just taken the pips on the spike but if you don't let things run...
Hindsight is VERY easy
When the macd is walking sideways along the zero line , it is telling you that the market is in chop .
Wait until you see some "white space " away from the zero line .
You don't take every cross .
btw ..is your indy the macd , or the oscillator of the macd ?