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Flag trading the trend

  • #41
  • Feb 15, 2011 9:19pm Feb 15, 2011 9:19pm
hey Merino
  • #42
  • Feb 15, 2011 9:21pm Feb 15, 2011 9:21pm
higher swing high higher swing low lower swing low lower swing high heres a chart
Attached Image (click to enlarge)
Click to Enlarge Name: 8.jpg Size: 182 KB
  • #43
  • Feb 15, 2011 9:25pm Feb 15, 2011 9:25pm
Divergence,

Got it. Thanks for the explanation.
  • #44
  • Feb 15, 2011 9:26pm Feb 15, 2011 9:26pm
Thanks Mr. Divergence, I've read that post, now I understand........ Wonaful a wonaful
  • #45
  • Feb 15, 2011 9:28pm Feb 15, 2011 9:28pm
glad to be a help joel 6 losing trades in 10 months
  • #46
  • Feb 15, 2011 9:31pm Feb 15, 2011 9:31pm
Hi everyone,

Good to be back,Thanks for the headsup Joel
  • #47
  • Feb 15, 2011 9:39pm Feb 15, 2011 9:39pm
heres and asian setup and win notice after trade tiggers price come back and tests the swing that was take out to see if it becomes support and it does
Attached Image (click to enlarge)
Click to Enlarge Name: 9.jpg Size: 172 KB
  • #48
  • Feb 15, 2011 10:01pm Feb 15, 2011 10:01pm
Incredible........
Quoting Divergence
glad to be a help joel 6 losing trades in 10 months
  • #49
  • Feb 15, 2011 10:03pm Feb 15, 2011 10:03pm
I took that trade also for a win.......neener neener
Quoting Divergence
heres and asian setup and win notice after trade tiggers price come back and tests the swing that was take out to see if it becomes support and it does
  • #50
  • Feb 16, 2011 2:44am Feb 16, 2011 2:44am
How's this flag setup? Also has S/R and 61.8% ret.
Attached Image (click to enlarge)
Click to Enlarge Name: eu flag setup.jpg Size: 151 KB
  • #51
  • Edited 9:17am Feb 16, 2011 8:59am | Edited 9:17am
Interesting system Divergence, thanks for sharing.

I'm a bit confused on your target, do you target the same amount of pips as your stop loss?

Thanks again
  • #52
  • Feb 16, 2011 4:39pm Feb 16, 2011 4:39pm
nice port dave the fib isnt really nessesary but the flag was good this is a 1 to 1 r/r so stop and target the same this is an incredibly high win pct with about 20 trades a month
  • #53
  • Feb 16, 2011 4:50pm Feb 16, 2011 4:50pm
Quoting Divergence
nice port dave the fib isnt really nessesary but the flag was good this is a 1 to 1 r/r so stop and target the same this is an incredibly high win pct with about 20 trades a month
... & The win to lose ratio is approx 30 to 1 (yearly)


fun
  • #54
  • Feb 16, 2011 4:51pm Feb 16, 2011 4:51pm
what does that mean 30 to 1?
  • #55
  • Feb 16, 2011 4:56pm Feb 16, 2011 4:56pm
another flag trend trade
Attached Image (click to enlarge)
Click to Enlarge Name: 29.jpg Size: 157 KB
  • #56
  • Feb 16, 2011 4:56pm Feb 16, 2011 4:56pm
Quoting cuddlebum
Can you tell me where i can get CCI as a histogram?
Hope that helps
Attached File(s)
File Type: ex4 CCI histogram.ex4   4 KB | 2,299 downloads
  • #57
  • Edited 5:24pm Feb 16, 2011 5:04pm | Edited 5:24pm
Quoting Divergence
what does that mean 30 to 1?
Simply that for every 30+ winning trades you lost 1 trade viewed on a yearly basis ... which is rather extraordinary.

fun
  • #58
  • Feb 16, 2011 5:11pm Feb 16, 2011 5:11pm
Hey Divergence......Great thread,very honest
  • #59
  • Feb 16, 2011 6:00pm Feb 16, 2011 6:00pm
Trend is up, price has flattened out, looking for a retrace south, then a buy long with recognized indicators..............your comments div?
  • #60
  • Feb 16, 2011 6:36pm Feb 16, 2011 6:36pm
Hello............ breaker breaker..........Looks like I'm here all alone........
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