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- gtrade replied May 29, 2015
u there, Divergence? Trying to contact you--GRAY UK.
Flag trading the trend
- gtrade replied Jun 22, 2011
15 pips fixed stop — for simplicity/safety sake: stop is fixed at 15 pips but must be below (for long)/above (for short) last swing.
Flag trading the trend
- gtrade replied May 21, 2011
Lower Hi's — hi. The long pattern was broken by lower hi's, therefore, be aware that the market may short. That contributed to your failed trade. all the best, gray.
Flag trading the trend
- gtrade replied May 11, 2011
SHORT EU — Gap got in the way but a 123 later was ok
Flag trading the trend
- gtrade replied May 9, 2011
BREAK IN Pattern — Hi jmw1970, You've got quite a few waves in a down trend with a break in the pattern at the end. therefore i'd be looking for a long opportunity. also, the bars don't look too good. If you miss the first opportunity to go ...
Flag trading the trend
- gtrade replied May 6, 2011
Good trade — Hi Rcwso, Well done for spotting a good trade; you can retire just trading that pattern. My analysis of that trade was it ticked most boxes but I would have liked it to pull back more on the 123 and not drift down. The most ...
Flag trading the trend
- gtrade replied May 5, 2011
KISS — You're right RCWO. Listen guys after many years of trading the FOREX and many years trading with Div i've learnt one thing--Keep It Simple Stupid (KISS). Try and avoid the urge to add another indicator---the closer to PA you get, the ...
Flag trading the trend
- gtrade replied May 5, 2011
Context — hi, just rem it's not just about what is the right entry but also where it is. Where u entered long, regardless of sub etc, was in the wrong place because the trade may turn on you there--at the top of the mountain. Even if u r ...
Flag trading the trend
- gtrade replied May 5, 2011
reposition — let's reposition the trend line UPDATE: Nothing doing on the flag; look for next opportunity.
Flag trading the trend
- gtrade replied May 5, 2011
Flagy WAgy — is this a flag trade i see developing before my very eyes? I think there's cable news aproaching though. Could be or it could not be. The charts play various tricks; that's why patience is a virtue!
Flag trading the trend
- gtrade replied May 5, 2011
TOP OF THE Mountain — Hi, you were at the top of the trend when you entered the trade; best not to enter there as more often than not you're gonna lose. Check my prev post #4227
Flag trading the trend
- gtrade replied May 5, 2011
SHORT EU — Standard trade: 5 waves, breakdown in structure, look for 123, enter hopefully with a mo bar
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- gtrade replied May 3, 2011
2.4 PIPS — Correct; technically the 123 was just before which would have been OK but i decided to take that based on experience. Below: the 3 point candle was only a fraction of a pip lower compared to 2 point candle but the structure was good ...
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- gtrade replied May 3, 2011
RSI — That was an old rule but we don't use that now; i'll have to remove that from the chart.
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- gtrade replied May 3, 2011
LONG ON EU — Nice reversal trade after 123 but not technically correct; there was a 123 just before entry that was ok (see post #4174).
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- gtrade replied May 3, 2011
Be on the way to a win — Having coffee and cheese on toast; opened up the comp and a nice trade appeared. To be and nearly there on eu. UPDATE: OUT AT A PIP FROM TARGET
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- gtrade replied May 2, 2011
Staying OUT — The peaks of westminster abbey kept me out today---2 hr queues to get in!
Flag trading the trend