1 min chart trading
Interestingly, on my 1 min chart, with the 34 & 55 trendlines heading down, a macd setting of 55, 144,34, a crossover of ma10/ma34, co-incided with with c/o on the macd.
The macd histogram can be used as a directional guide to the trade, with the macd as the momentum indicator, take out the pa fluactuations, there was a clear a short signal generated which if acted upon would have enabled a trade to continue even now.
Alternatively, using sell high, buy low, using the slow macd signal as a guide, there was a fairly good opportunity there to bag some good points.
Have a look, let me know what you think