Flag trading the trend

touche

Div,

Can you give a quick explanation of why in your post #107 the first two arrows are not trigger bars? I am missing the point of what your wrote. It appears to me that the two previous close below the 10 sma and the CCI is -50. Am I missing something?

Thanks for the great post this afternoon.

RCWSO

heres 2 more charts 2 different pairs

hi rcwso they were but they didnt trigger the third one did if the candle after the trigger doesnt take you into the trade you have 1 more shot as long as candle closes below 10 sma and cci closes below - 50 i explained this tonite in my long post all info is there

Div,

I believe I get it now.

Because you place the order 1 pip below the low of the "trigger" candle, or 1 pip above for an up trend. That particular trade did not "trigger" or execute because the candle after did to fill the trade. You actually had 3 chances in that trade because the follow on candles would close below the sma and still have -50 CCI.

It seems that case may not happen all that often. Your other examples and my review of past charts seem to show trades hitting the trigger almost immediately.

Am I out to lunch on this?

your obsevation is correct just follow the price action and the rules. Guys trading is an art and science because its a science because it has rules and an art because the more you practice the rules the better you get at it

you guys want to see some stupid some guy pm'd me with read this

thank you so much for shareing this deadly accuaracy method.
I use a similiar system with 100% win. it's in hourly/daily chart. i already made more than 5000% profit.

and would you please delete your thread? since if everybody know it, the strategy will stop working. there is no way to earn money for all the people in the market in the same time. it's zero sum game.

if guys found your strategy work great, you couldn't stop them to repost your stretegy in other forums around the world. then every body will know your system very soon. it will stop working very soon.
(I just can't imagine what will happen if my strategy stops working. it will be a hard life for me again.)

I know almost all the people with highly successful strategies already deleted their threads in ff . they just don't wanna kill their strategies. that's why you can't find a simple working strategy in ff.

if you just wanna share your system with a few people and keep it going, you can delete your thread now, and start a chat room on skype, and discuss with them there.

well if there is no more questions and everyone understands it i am going to go to bed

That is very funny. Div, hope I didn't annoy you with a lot of questions. Once again thanks for sharing this method. I had a very good week last week.

i am not annoyed just like having a conversation and people coming in need to read the transcripts. by the way i do believe you understand what going on via your posts so great job hope you make lots of money

Thanks

I deleted my sarcastic comment about the PM to Divergence. I just had to type out my thoughts. Apologies.

Oh, my poor english, a little tough to read through this wonderful thread.

Traded for years(with trend, trendline, wave theory,flag.etc) and I'm still losing money. And I'd say this method is what I dreamed of the best method I want, but I just failed to make it good enough. Thanks so much, Mr.Div, for your brillient idea of adding a TP to this method plus 1:1 R/R which make it a highly successful system. Hope everybody learns from this thread and begin profitting from this point.

I fully understand its sort of boring to repeat your points again and again. But why people still keep asking about this and that? I guess 2 aspects may be fuzzy for some people, including me.

The first is about Higher High Lower Low.... Which may be a matter of experience and wave theory and so called "art" part. In my opinion, as in my following chart, the 3 white boxes, these pullbacks are just not big enough, so don't draw HH HL here. I mean, stay in this timeframe, in this chart. The white line is where trend goes short. Before that, we are long trend. If you go to a small timeframe chart, the short trade(at the verticle red line) is good trade, because the 3rd white box will become a reasonable trend changing point, thus shorting is our job. So, you can go to any timeframe to find trend and opportuniy. But going through all timeframes...thats what a position trader does. In one chart, you can just omit small HH HL LL. Of course this is about experience and subjectiveness.


The second fuzzy thing for me, is about: "...if the next candle doesnt get you into the trade, as long as candle is within 2 pips of sma and cci is still closed above 50, you have 1 more shot, if that one doent take you in, you have no trade". This part was also repeated by Div quite some times, but maybe because of my poor english, I just can't follow....2pips sma(2pip near sma?)... 1 more shot(wait another chance no matter after how many bars?)....the next chance cci must cross 50 again?....
Please consider using a chart (could be a simple illustration chart) to illustrate.

Thanks again for your generosity!

BTW, last post Div said about that PM. That could happen for a fully machine system. NOT for when we have to judge HH,HL whit human brain. Anyway, this is about generosity. That's more than trade and money.

ok. typo..............

It's some template I got from a guy a couple of years ago. I don't know which indicator on the template does it specifically but it's all included in the template and programming they've done.

Div I am not at ALL understanding this particular post meant for me:

The last thing (this is for you j compute) is for someone else to come in and say no what i am doing is wrong and what he is doing is right so follow me. I trade a managed acct and clients have entrusted me with there money are you managing a fund? If not start a thread and post your glorious method i am not being rude its that being doubled minded when it comes to anything paralizes a person

ANY posts I've made were actually made as a compliment to you and your method. Rather than taking offense to your post, I will attempt to settle any confusion here. You've obviously taken my posts completely wrong. I have been telling a few guys here locally that your method makes it a lot clearer and more mechanical for me to know when to get in on the trend resumption. Before it was a little guess-work for me but your method makes it a lot easier. I'm not seeking to pull guys my direction, I'm not seeking to cast any negative light on anything you've done or any contribution you've made. My intention is to trade with you guys and provide some insight and gain some as well. I have no glorious method. I'm a trader learning and sharing whatever knowledge I have with anyone seeking consistent results, as I believe we all are. I haven't posted anything that is contrary to the method you're sharing. I'm doing the "exact" same thing you're doing and saying that what you've done has made things incredibly easier for me.

Hope this clears things up a little. I'm a little taken back by your comments though, honestly. Particularly due to the fact that after three years on this board, this is the first "flame" type of post I've ever received. I'm re-reading all of my posts in this thread and haven't seen anything I've said that was rude, detracting, disrespectful, or contrary. If I have, please point it out and I'd be more than willing to apologize and set things right.

Here's another post where I reference your method Div and stated that it gets you in without experiencing any real drawdown..again, giving credit to both you and your method.

Here, I'm simply pointing out lower highs and lower lows, etc. No reference to any method of mine or anyone elses. I was simply trying to help him out and help him to recognize a lower low and a trend change.

Its quite easy to have a misunderstanding when its the written word alone without being able to see someones body language or hear the tone of their voice.

Alot of the time I put lol at the end when Im joking as alot of times it can be taken the wrong way.

Friend Jd,

Although I disagree with your interpretations on the post you are referring to, I understand that you did it with good intentions. Hope answering my question didn't lead to your feelings getting hurt in any way.