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Flag trading the trend 1 Attachment(s) There is a host of various kinds of methods but the simplest way to make money is trading flags in a trend. YOU can do it on any time frame and any pair. In other words trade the pullback in a trend do this and you will find your self not looking on the forex factory threads except to see when news is happening. YOU WILL FIND ON PAGE 319 POST 4780 THE RULES FOR TRADING !!!!! |
1 Attachment(s) so noone intered in making money here is 1 more chart this time with my pullback verifier to locate a good flag trade |
Nice start You have my attention. I'd like to see more of your system. |
Great start! This is how trading should be! I'm eager to learn more! Thanks for starting this thread! |
Great and simple! I use trend trading as well, with Demark trendline indicators, etc. This looks like a simple and effective trading method. Do you only trade the 1 hr T? More please! Would you be willing to share your Retracement indicator with us? |
Looks simple and promising. Waiting to see more of this! |
1 Attachment(s) the way to trade the trend is not with indicator crosses or any other kind of indicator to tell you there is a trend thats the best way to get whipped. Firstly a trend is defined as higher highs and higher lows for uptrend and lower lows lower highs for down so if you can see that then all thats needed once a trend has formed is to trade the pullbacks. i am not starting this thread to be an on going thing just tired of all the systems on here this is the frame work to making money. I trade the 5 min chart eurusd never look for more that 26 pips stop is always last nearest swing sometimes its the trigger bar this works on any pair any time frame any market period. |
Your Indicator?
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just use a cci set to 8 - 50 +50 levels |
I ate a buzzard once..................... It was him or me I'm in............Hope to see a few more examples before you pull the plug... |
hey joel why is thread moved and to where |
During the US lending crisis, I saw symmetric triangles all over the place on financial stocks, so many I had a theory they especially applied due to their speed of use (when more a flag and pole). Looking forward to how you apply flags to currency pairs. |
1 Attachment(s) here is another chart after each pullback when price crossesthe trendline or flagline as i call it the retracement finder crosses-50 thats the trigger bar 1 pip below is entry stop is swing before it crossed |
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i started it on trading systems and they moved it here under trading discussions |
Question
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well i have explained the basis on my trading setup i trade asian and us sessions and that about covers 90% 0f what i do its almost a flawless method that i would challenge anyone looking at the eurusd from 00 gmt till 130 gmt and from 1400 till 1700 to find more than 5 losses in last 9 months ta ta |
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http://www.forexfactory.com/showpost...postcount=3867 |
1 Attachment(s) i use the trend method explained here plus divergence to show of the next impending trend direction as well as 123s which also show a pending trend change so you got it out of me now you got 100% of what i do good job here is chart of these 3 setups in action |
1 Attachment(s) heres 1 more chart |
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