An office worker sneaks a look at the market and sees: $EVAA On the daily chart, the MACD forms a golden cross above the zero line, after six consecutive opposing bars before the crossover.
As soon as the fast and slow lines cross, my fingers start itching—but luckily, I checked what it meant first.
Seriously, the zero line is the line where DIF equals 0, meaning the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the fast moving average is above the long-term moving average.
Leave plenty of room in your futures position, so one sudden swing doesn’t wipe you out.
As soon as the fast and slow lines cross, my fingers start itching—but luckily, I checked what it meant first.
Seriously, the zero line is the line where DIF equals 0, meaning the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the fast moving average is above the long-term moving average.
Leave plenty of room in your futures position, so one sudden swing doesn’t wipe you out.