Killing time while watching the market: $WAL 4 hours. The MACD formed a death cross above the zero line, with opposing histogram bars persisting for 15 bars before the crossover.
When the fast and slow lines meet, my trigger finger immediately starts itching—but luckily, I checked the definition first.
A quick educational note: The histogram bars show the gap between DIF and DEA. If each bar gets taller than the last, momentum in the current direction is strengthening; if they get shorter, it’s weakening.
Calculate your position size based on the distance to your stop-loss—it’s much more reliable than just guessing.
When the fast and slow lines meet, my trigger finger immediately starts itching—but luckily, I checked the definition first.
A quick educational note: The histogram bars show the gap between DIF and DEA. If each bar gets taller than the last, momentum in the current direction is strengthening; if they get shorter, it’s weakening.
Calculate your position size based on the distance to your stop-loss—it’s much more reliable than just guessing.