Quote from Pekelo:
What's wrong with you people? Didn't I gave you the long term buy signal 2 days ago? Chances of 2 signals failing back to back is pretty low....
Yeah, but... how 'long' is long term?
a few days? weeks? MONTHS???
I attribute the 2 signals back to back days to the low range during those lohgt volume days, thus not as strong a signal as in normal trading environment. A big down day will again turn to another short signal --- a big up day after turn it up.... as you know the MACD tends to flatline in low range days (or intra bars) and tend to cross over above and below to much.