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There are 2 different ways to use MACD: with reference to the zero line or with reference to the signal line. When a trend has already been established you will notice that MACD tends to meander up and down thru its signal line but remain on one side of zero, above zero in an uptrend and below...

wrong chart, sorry.

Why don't you tell us a little bit about your methodology/strategy when it comes to screen trading and maybe some of us can provide you with some useful ideas. Assuming you trade NQ, since that is what you were trading on the floor, when and why do you enter and exit the market, where do you...

I just made 8 ES points today, in one trade riding the uptrend. But I lost money on Mon and Tues and I'm just slightly ahead for the week. You can't make money on a consistent basis, the way that you imagine. The key is to find a way to make more than you lose.

If you can find an edge you may be able to average 1 ES point a day, but I doubt that it can me done if you arbitrarily cut out of a trade because it has made 1 point. Some days you might catch a strong trend and make 10 points, other days you may lose a few points.

Short at 44.75 with a 3 point stop and a 6 point target.

Stopped Out -3

Added to my short at 42.75, stop now 45.50.

This looks like the typical mid-day pause in a downtrend. We'll see.

Short at 945.50 with a 3 point stop and a 12 point profit target.

closed short at 945. Long at 944.50, 3 point stop.

It looks like a downtrend is finally underway. I'm expecting a continuation down through the close. Short from earlier at 941.24 Stop at 948.

Apply MACD to a chart of ES with 5min bars. Short when MACD is below the zero line and go long when MACD is above the zero line. In a trend environment like the later portion of today it works, in a whipsaw environment it does not. If you can tell the difference then voila.

If you see a train barreling down a track all the info available is from the present and past, nevertheless you can draw some reasonable assumptions about the immediate future.

I agree with the idea of following the trend but there maybe a much more effective and profitable way to do so.

Using a chart of ES with 5min bars and MACD plus 20 period EMA. Entry: Enter long when the MACD line has crossed above the zero line and price is above the 20EMA. Enter short when the MACD line has crossed below the zero line and price is below the 20EMA. Stop & Profit Target: Set a 2...

No

It is a psychological problem and one that I suffer from as well. Check out my journal where I explain the methodology I will be using and then proceed to do the opposite and wipe out my account. I think you have a good point about taking ourselves out of the equation. I have often thought that...

BTO 2 oewco calls @ $.055

STC @ $1.30 Balance: $118.01