Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Are you a trend trader or a counter-trend trader? 29 replies

Divergence Flag / Trend Continuation setup 0 replies

1 Min THV Flag Trading 933 replies

Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies

3 CCIs 'Flag' Trading 55 replies

Attachments: Flag trading the trend
Exit Attachments

Flag trading the trend

  • Post #1
  • Quote
  • First Post: Edited Mar 5, 2016 6:48am Feb 12, 2011 12:21pm | Edited Mar 5, 2016 6:48am
Here are the current rules for trading Jan 2016. the market is YM (e min dow) charts are13 tick range bar. Trading time is 930 to 1130 AM est. Put 50 sma and if price is above we look for longs below look for shorts. We look to enter market on pullbacks with either a 123 or 2b pattern. Basically find the trend wait till it pullsback find the 123 or 2b pattern enter trade manage trade make money. 15 tick stop 30 target
so noone intered in making money here is 1 more chart this time with my pullback verifier to locate a good flag trade
Attached Image (click to enlarge)
Click to Enlarge Name: 12.jpg Size: 147 KB
You have my attention.
I'd like to see more of your system.
This is how trading should be! I'm eager to learn more!
Thanks for starting this thread!
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?
"Loss and failure are inevitable but misery is optional"
Looks simple and promising. Waiting to see more of this!
  • Post #7
  • Quote
  • Edited 7:20pm Feb 12, 2011 3:54pm | Edited 7:20pm
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.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 175 KB
Quoting Divergence
the way to trade the trend is with indicator crosses or any other kind of indicator to tell you there is a treend 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...
Are you willing to share your indicator?
just use a cci set to 8 - 50 +50 levels
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.
  • Post #13
  • Quote
  • Edited 8:49pm Feb 12, 2011 8:36pm | Edited 8:49pm
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
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 155 KB
Quoting Divergence
hey joel why is thread moved and to where
???????
i started it on trading systems and they moved it here under trading discussions
Quoting Divergence
just use a cci set to 8 - 50 +50 levels
Can you tell me where i can get CCI as a histogram?
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
Quoting Divergence
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
how many systems do you use ?


http://www.forexfactory.com/showpost...postcount=3867
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 174 KB
StopLoss is for none belivers... Trust the Gurus..
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
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 160 KB
heres 1 more chart
Attached Image (click to enlarge)
Click to Enlarge Name: 2.jpg Size: 156 KB
0 traders viewing now