As you know, I've shown various tips and tricks for you guys to
add to your traders toolbox, I've shown alternative methods to
using indicators by looking for a confirmed cross for MACD, moving
averages, RSI etc, however here's something that you might not have
thought of, I call it the Kiss method, and this video will be how
to use it for the MACD. Most traders use MACD to either point
out divergence, or to look for crossovers, however this is an
alternative method that I came up with where instead of looking for
crossovers, you take very low risk trades when the MACD touch one
other or kiss. This is akin to buying support or selling
resistance because your stops can be extremely tight - i.e. stop
out if the MACD actually crosses. This method doesn't happen
that often, however the nice thing about it is that it works on any
stock or index and any time frame.
Matt, last year I sent you a note about the MACD and how, on
short term charts, I nnoticed that it seemed to
often have a little correction in the middle of trends. The
result, when it was all over, was something I have named the Mae
West pattern ( due to often looking like a bra). It doesn't always
occur but often enough. When it does, the result is exactly like
your "kiss" as it results in around 50% of the move remaining.
MACD KISS method - Educational Piece
Posted by matt on 5th of Dec 2012 at 02:40 pm
As you know, I've shown various tips and tricks for you guys to add to your traders toolbox, I've shown alternative methods to using indicators by looking for a confirmed cross for MACD, moving averages, RSI etc, however here's something that you might not have thought of, I call it the Kiss method, and this video will be how to use it for the MACD. Most traders use MACD to either point out divergence, or to look for crossovers, however this is an alternative method that I came up with where instead of looking for crossovers, you take very low risk trades when the MACD touch one other or kiss. This is akin to buying support or selling resistance because your stops can be extremely tight - i.e. stop out if the MACD actually crosses. This method doesn't happen that often, however the nice thing about it is that it works on any stock or index and any time frame.
Here's a 6 min video I made on this method, as well as example charts
Matt, last year I sent
Posted by jroger on 6th of Dec 2012 at 09:07 pm
Matt, last year I sent you a note about the MACD and how, on short term charts, I nnoticed that it seemed to often have a little correction in the middle of trends. The result, when it was all over, was something I have named the Mae West pattern ( due to often looking like a bra). It doesn't always occur but often enough. When it does, the result is exactly like your "kiss" as it results in around 50% of the move remaining.
do you have any charts
Posted by himsa on 6th of Dec 2012 at 09:41 pm
do you have any charts and an explation with it?
By the way, speaking of
Posted by matt on 5th of Dec 2012 at 04:01 pm
By the way, speaking of MACD kiss, GDX had a MACD kiss short early last week
there was also a Kiss long back in Aug, and there was a kiss short in July
macd
Posted by freddy123321 on 5th of Dec 2012 at 03:55 pm
find it works best on weekly