This example is similar to the medium short term trend I posted, in this case we buy for a medium long term trend. As I have previously noted, when a buy or sell signal opens right below or above the main through line we can expect some medium tremd with plenty of scalping opportunities in between.
In this example we see the buy signal open right below the main line. A slight upward trend follows with expect pullbacks. We stay patient until the MACD line crosses fully uo through the blue histogram, signals a sell, followed by the MACD line flowing down through the red histogram. Once we start seeing a shades red we know that a a new buy signal will trigger confirming our exit.
Although we did not make significant profit for this trade it ended up a win over a couple days period while practicing great patience.
Follow all my MACD strategies and tips and gear up for a fun Sunday where everyone avoids. PROFIT EVERY DAY IN THE MOST VOLATILE MARKETS!