Search results

Thats it, I am feed up with this damn MACD method and I have just pulled off my last portion of my trailing stop at 1185.25 (just after 2:50 pm CST). I had a terrible initial entry for this SHORT trade at 1201.25....what a $hity trade method. :eek:

Yes the hard way is my Tradestation MACD "Zero" line cross "automated" strategy that is currently running a $22,800 per contract per year profit rate. The key is your entry criteria at the "zero" line and what your first profit target is set at. The MACD strategy that I have running was...

Here is todays trades with the MACD setting I use....and I have included the 15 minute chart I use to try and synchronize my 5 minute entries with the 15 minute chart when possible. Now today the 15 minute chart was biased LONG from just after 06:15 a.m. CST and then the 15 minute chart started...

That AAPL chart proves that "Buy & Hold" works.....LOL!!!!!!!!!! :eek:

No problem all....I will keep adding charts next week so we might be able to pick up other scenarios that someone may have questions about. This is all I do these days for my discretionary trading and there is a few other techniques I use with the MACD to enter positions from. The "1/2 Value"...

eminitrader, What I meant is that if you have a "zero" line area bounce of only one time period MACD segment leg then I just sit with what I have....now if I get another for two in a row then I either reverse or cover the trade and wait for more clarification (usually just reverse). I had...

Today was very good at the beginning (especially during the pre-market news release), and then as the day continued it got more and more boring (the last few hours were a total waste of time.....on a Friday going into a three-dayer...LOL)...

That was not a qualified "zero" line cross as you must have the last printed MACD segment followed by at least one other segment that is equal to or higher then the current segment. So this did not count. Now if the next segment had printed down (two down in a row) from the zero line area then...

No $hit...........did you totally forget the thread where I said that 80% of my trading capital is in several "automated"/ "semi-automated" systems and that the other 20% I use to trade discretionary.....come on dude!

Loch, My best scale out hit on that trade was a cover at 1212.75 and then my very last positions were covered by a parabolic stop I use at 1211.75. Once the trade was entered as I always do, I have a +1.00 pt target for 50% of my position and then a +1.50 pt target for 25% of the position...

Loch.....HOPE.....LOL!!!!! No actually we had a decent S/R level at this area....pull up a 60 minute chart and look were we have been bouncing the last few days for LOD's. This was what I call a "MACD 1/2 Value" LONG entry (1/2 way between the "zero" line and the lowest point of the valley...

Loch....right click onto your volume lines and then when the format window pops up click on "scaling". Now set both as "user defined" and pick a volume level about 3000 contracts higher then your highest peak (on both up and down formats). Or you can delete both of them and then re-insert the...

Future AQ target....do not have your prop shop in here..... http://burjdubai.com/ OBL's early morning meditation cave walk....... "Westerners partying and their stickin money in my backyard.....I'll take care of that!"

Eminitrader1, Sorry I was rushed for time when I left my previous answer. As I stated in the prior posting I use a 1.5 to 2.0 pt stop right as I enter the trade and I will adjust this at times to fit within the context of recent price action S/R levels from the 5 minute chart that I am...

1.5 to 2.0 points always according to what the recent S/R levels are.

Thanks for all the good info everyone!!! Here was todays action for my MACD set-up...... http://www.ttrader.com/mycharts/display.php?p=31227&u=cktrades&a=CK%20Trades&id=1303 We had the Iran news give a real nice SHORT trade pre-market open and then the day was mostly chop city until the...

TGM, No I have never read any of his books but I will now check it out...thanks for the info! Todays MACD trades worked very well (payback for yesterdays scalp city chop)..... http://www.ttrader.com/mycharts/display.php?p=31186&u=cktrades&a=CK%20Trades&id=1303...

Manz66, First of all I want to formally apologize for the "$hot in the a$$ with his own gun" statement....that was over the line.....I was a little fired up about something the other night when I first read your posting....sorry! OK....when I saw the name "Vision Trader" from your last...

Manz66, From the only person I know to have ever actually taken the TI course, has told me that their MACD settings are a proprietary setting which is included with the paid for course/software package which you can run on Esignal or RealTick. If they have changed this to just using a...

Manz66, Actually not even close.....take one of their chart/indicators and compare it to the 4,13,1. TI's MACD setting is very different from mine and the 5,5,2 (or for some 5,5,3) Stochastic setting is nothing special.....been around for a long time. :) Sorry....another negative...