I use MACD a lot in trending markets but a lot of times I’ll get a MACD signal that isn’t very strong and am wondering what more experienced traders generally do to help them confirm the trend or get more confidence for their entry.
Attached is a current JPY/USD 30 minute chart, and I hope to enter in a short position based on SAR, MACD cross, EMA cross, with my stop at the local swing high and my limit at the 0.500 fib level. But as you can see the MACD cross doesn’t seem very strong as a confirmation tool.
Any ideas or suggestions on this and the trade?
