Not always. Sometimes it can happen during the day. For example in the beginning of the day - daily MACD shows a crossing, but at the end of the day (at close) this signal disappear. This is the basic MACDP failure.
When this signals consists of 2 opposite bars - is a rarer pattern.
Hello sive , i quite enjoy your daily signals and your effort in making sure that people like us improve on our trading.
I want you to briefly enlighten me on the use of pivot points in trading the forex market.
also which is the best time of the day to trade ?
thanks
demosco
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