Macd

Nwbprop,

Very good observations on the volume imbalance.... :)

I stated here somewhere that if the "peak" or "valley" is < +/- .50 then you just wait for the "zero" line cross....otherwise you have the "1/2 Value" entry as an option for values > +/- .50 .

Now as I stated yesterday you can't pick and choose these trades...you want to take all of them because you just never know when a hard run is going to hit....today was a textbook example of this..........first part of the day.......

http://www.ttrader.com/mycharts/display.php?p=31532&u=cktrades&a=CK Trades&id=1303

Second part of the day....the trade you would not want to have missed......

http://www.ttrader.com/mycharts/display.php?p=31533&u=cktrades&a=CK Trades&id=1303

Today was a very strong day as this system was hitting "singles", "doubles", and the late game "homer". See you do not need to chase the big runs....focus on the base hits all day and the occasional homer will come your way.

When you get a really good volume based runner, then do not take any "1/2 Value" entry counter to this move if the move was more then about 7.00 points.......in this case you would not be able to take a counter trend trade until you get a "zero" line cross for entry. You would want to make sure all the "divergence" is shaken out of the move before a trend change......just like this "daily" chart after a very strong run..... :) .......

http://www.ttrader.com/mycharts/display.php?p=29858&u=cktrades&a=CK Trades&id=1303

http://www.ttrader.com/mycharts/display.php?p=30285&u=cktrades&a=CK Trades&id=1303


Nwbprop...Btw, I just received the new download to TS version 8.1 the other day, so I have been up late the last few nights making sure all my existing strategies still work the same....so far so good. I am going out of town for a few days early tomorrow with the family to make up for all the late hours the last couple of weeks.
 
Quick last chart update before I go out of town. We had a really nice hit on the LONG entered just after 09:10 (CST). Also there was a LONG that I did not take due to volume "up" falling off rapidly as volume "down" was starting to do a "flux" change. The two volumes were flipping their respective influence on the price action...so I decided to stay in my SHORT for a minute or two and evaluate the situation....then the sell side came in strong and pulled the price action back down. Watching the volume flow at that moment helped me with my trade decision....here are the charts.....

http://www.ttrader.com/mycharts/display.php?p=31559&u=cktrades&a=CK Trades&id=1303

http://www.ttrader.com/mycharts/display.php?p=31560&u=cktrades&a=CK Trades&id=1303

OK everyone have a great weekend!!!
 
Quote from AMT4SWA:

Quick last chart update before I go out of town. We had a really nice hit on the LONG entered just after 09:10 (CST). Also there was a LONG that I did not take due to volume "up" falling off rapidly as volume "down" was starting to do a "flux" change. The two volumes were flipping their respective influence on the price action...so I decided to stay in my SHORT for a minute or two and evaluate the situation....then the sell side came in strong and pulled the price action back down. Watching the volume flow at that moment helped me with my trade decision....here are the charts.....

http://www.ttrader.com/mycharts/display.php?p=31559&u=cktrades&a=CK Trades&id=1303

http://www.ttrader.com/mycharts/display.php?p=31560&u=cktrades&a=CK Trades&id=1303

OK everyone have a great weekend!!!
More...

-10:10 bar UV - DV > 2500 and volume greater than 10k.
-macd in trending zone(this is a macd thread)
-entry at 2.2 for possible trend on 10:25 bar. A little later than the actual signal at 10:10. I just wanted to see a little more vol confirmation of a possible trend.


still holding..... :)


Have fun with the Fam.
 
Nwbprop,

AWESOME JOB!!! Very good volume observations......don't you just hate using the MACD!!! LOL!!! :eek: :D

I have my remaining with a "PAR Trailing Stop" I use so run baby run! Again...very good job and have fun! :)

AMT
 
I use the macd 30.60.9 on one minute chart NQ and RUT
Above or below the zero line.. and for the divergences
not bad...with an Ema 50 on prices

Q.
 
Wow, what a very nice run today....here was the last part of todays MACD entries....

http://www.ttrader.com/mycharts/display.php?p=31582&u=cktrades&a=CK Trades&id=1303

I have a MACD entry option shown here that is different from the "zero" line cross or the "1/2 Value" entry (11:20 to 11:25 candle SHORT entry). I take these retests of a just previous MACD dip low (10:45 to 10:50 candle) to enter the same way I would with a "1/2 Value" entry. This type of MACD entry is one of the few I will take counter trend after such a strong run up in price action (otherwise I would just wait for a "zero" line break for entry after such a strong trend). This entry was just after a HUGE blowoff in volume (possible exhaustion spike for the price action run, 10:50 to 10:55 candle), so to me this is not a bad entry attempt. Just after this entry, light buying came back in for a bit and ran price up for a few candles but it was nothing of any strength. Then about 45 minutes of sell pressure came in and this trade was able to hit both primary profit targets (+1.0 and +1.50 points). The rest of the day was normal "zero" line and "1/2 Value" entries which all turned out good.

We really ended up with some very nice days this week as we are getting an increase in the daily range....this I like!

Have A Great Weekend!


AMT
 
Quote from AMT4SWA:

Quick last chart update before I go out of town. We had a really nice hit on the LONG entered just after 09:10 (CST). Also there was a LONG that I did not take due to volume "up" falling off rapidly as volume "down" was starting to do a "flux" change. The two volumes were flipping their respective influence on the price action...so I decided to stay in my SHORT for a minute or two and evaluate the situation....then the sell side came in strong and pulled the price action back down. Watching the volume flow at that moment helped me with my trade decision....here are the charts.....

http://www.ttrader.com/mycharts/display.php?p=31559&u=cktrades&a=CK Trades&id=1303

http://www.ttrader.com/mycharts/display.php?p=31560&u=cktrades&a=CK Trades&id=1303

OK everyone have a great weekend!!!
More...


Did you already talk about the following entry signals around 7:50 or so and the one at 14:15. Around 7:50 it looks like the MACD is just oscillating back and forth over the zero line and it looks like you are just using a break of a MACD channel to get short. At 14:15 I see the 1/2 entry but I thought you only looked at those as an early trend reversal move back down if we are in an up trend. IT looks like here you are using this same 1/2 way back MACD level as an entry for the trend continuation. Is that because the MACD never made it down below the zero line again?
 
Downtickboy,

Perfect...you get a 100% on your paper, and a :) face.

Yes the early morning pre-market channels like that a lot because of the very low volume and sometimes tight price action, as in this case we had about a 3 tick range. So for this I need a criteria to SHORT (break of that lower channel) or a criteria to go LONG (break of the upper channel). This is the best way to handle the period prior to market opens when the price action is so flat prior to some trend forming. Many times I get some very nice clean trades in the 2 hours prior to the cash market open, which is very nice as you can start the regular hours session already in the green.

Now the "zero" line area reject and re-pass through of the "1/2 Value" line is a great trade entry on days that have had nice runs up to that point. Your observation here was spot on as I was looking for the trend to possibly take-off again. In Friday's case this trade entry was able to achieve the two fixed profit targets which is just fine in my book. One important point with this additional MACD trade entry method is, I will only take these if the "1/2 Value" line is at about +/- .70 or less (between .25 and .70....no other areas). So this is a very limited MACD value window for these trade entries to be taken from.....this is because you want to have a "zero" line reject as your main criteria to re-join the trend. Great question btw! :)
 
Very busy today so I am just now getting the days action posted (end of month accounting fun). Today really had some very nice clean price moves with very good follow through.....to bad they all can't be like today. Here is the charts for today.......

http://www.ttrader.com/mycharts/display.php?p=31643&u=cktrades&a=CK Trades&id=1303

http://www.ttrader.com/mycharts/display.php?p=31644&u=cktrades&a=CK Trades&id=1303


Today with the big drop (over 7 point move) kept me from taking a "1/2 Value" LONG entry as you want all the divergence to shake out before you enter counter to the move....and in this case you would wait until you get a "zero" line break to enter a trade counter to the previous trend. The rest of the day was fairly clear "1/2 Value" and "zero" line break trades......now I did wait for a bit of confirmation on the "zero" line break SHORT entry before the cash market opened. I waited for price to tick one level below the previous several candles lows before I entered and I also wanted to see the MACD do one good segment leg down. Today was very good for follow through which gave this MACD method some very good signals.....you need to have good profit days when the range expands like we had today....these are the days that give much more profit potential as compared to the days we get those 4 to 6 point ranges.
 
You've got a pretty interesting system with the zero and 1/2 crosses. I dont think I've thinking anything like that before. How did you come up with something like this, was it purely chart observation?

Are there any other basic principles that you base your systems on?

-bulat
 
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