This image I posted at the time of posting the real time call (with a stop). That is a foresight chart, as some like to refer to it, a divergence is present, yet outcome is yet to unfold. So no hindsight at all. I have no idea what DB keeps talking about referring to divergences as hindsight charts. http://www.elitetrader.com/et/index.php?threads/i-want-to-bet-the-farm.290957/page-6#post-4114988
Great work on the use of MACD on Brit Pound Romik. The monthly doesn't really have the signal that we like for really long term moves, but the RSI does. I like using bothn along with price. I realize you entered on weekly and will be able to correct if weekly or daily were to break down. Good job Romik!!
%%%%%%%%%%%%%%%%%%%%%% Yes; my favorite way to USe MACD, for example using your chart. Chart up a 1 year candle chart, ,use upper moving averages + ignore the bottom half, instead , use volume......................................................................................[2nd question ; see my top comment]
The resulting move typically has better potential for gain when the average lines are moving up from below zero when entering long and moving down from above zero when entering short.