@hashtagyolo Thanks for your reply. Not wanting to dampen your...

@hashtagyolo

Thanks for your reply.

Not wanting to dampen your parade, as I appreciate your reply.

The Macd is a momentum indicator that lags the price action.
I don't understand gyrations on a chart, do they exist?? however I do understand the weekly and daily both react over different time frames, so I don't see how they can move together (without waiting for confirmation over their recognised time frames)

I would say that could be a little dangerous and could see by using this method alone you could get locked in to prices at peaks due to the lag!!

Once again I am failing to see how both move in unison or together when they are over different time frames, without a larger element of risk!

Macd on the daily is looking bearish for 4ds with a gap to fill at 5.9, whilst the Macd on the weekly is still in tact (just) only because of the slower lag time.

So my question, in this instance with 4ds, which Macd are you now following?

Are you still holding due to the daily Macd?

If so, why?

Thanks again.