MACD as an Entry Trigger | DailyFX: "Traders can use a longer time frame chart, such as the daily chart, to investigate trends and determine any relevant biases that may exist in the marketplace.
Once the trader has determined the direction that they want to trade in a market given the trend found on the longer-term charts, they can then go down to the shorter time frame chart to wait for a MACD signal in the direction of that trend."
'via Blog this'
