Flag trading the trend | Page 17 | Forex Factory

Options

Go to
Permalinks
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

  • #321
  • Feb 25, 2011 11:52pm Feb 25, 2011 11:52pm
Quoting Sujith
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.
Thanks, I'm fine though. I was just totally taken off guard by that post from Div. I totally understand him going after that guy who spoke about his grammar and periods and all. That was stupid of that guy.
  • #322
  • Feb 26, 2011 2:55am Feb 26, 2011 2:55am
my error jcompute sorry misunderstood lets move forword from here
  • #323
  • Feb 26, 2011 6:04am Feb 26, 2011 6:04am
Hi Div,

Can check whether the chart i draw correct or not?

The red arrows are the sell entry.

And, can you explained to me about the "A" period? I'm not so sure about that.

Thank You

Attached Image (click to enlarge)
Click to Enlarge Name: EU.PNG Size: 81 KB
Today's You was Your previously Thought.
  • #324
  • Feb 26, 2011 6:15am Feb 26, 2011 6:15am
Is it the divergence appear as attachment so we need to wait for another new trend signal to form and confirmed?

Thank You

Attached Image (click to enlarge)
Click to Enlarge Name: EU.PNG Size: 81 KB
Today's You was Your previously Thought.
  • #325
  • Feb 26, 2011 11:41am Feb 26, 2011 11:41am
Hi, Div.
Thanks for this excellent thread with a concise but effective method. Subscribed.
  • #326
  • Feb 26, 2011 12:05pm Feb 26, 2011 12:05pm
Hi Div,

Can you give some comment for below attachment?

Thank You

Attached Image (click to enlarge)
Click to Enlarge Name: EU.PNG Size: 66 KB
Today's You was Your previously Thought.
  • #327
  • Feb 26, 2011 2:28pm Feb 26, 2011 2:28pm
hi justin the gbpusd you had swing wrong that move down meant we are in down trend the move back is pullback or countering the trend so we are already in downtrend. The 1st divergence is not correct the second one is here are 3 charts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 173 KB
Click to Enlarge Name: 2.jpg Size: 158 KB
Click to Enlarge Name: 3.jpg Size: 185 KB
  • #328
  • Feb 26, 2011 2:29pm Feb 26, 2011 2:29pm
hey jdcompute again sorry for the misunderstanding
  • #329
  • Feb 26, 2011 2:41pm Feb 26, 2011 2:41pm
Here is another look at what i am trying to get out the first chart has no bars on them just a zigzag so you can see HH HL the second chart has the bars and zigzag
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 110 KB
Click to Enlarge Name: 2.jpg Size: 130 KB
  • #330
  • Feb 26, 2011 2:47pm Feb 26, 2011 2:47pm
Quoting Divergence
hi justin the gbpusd you had swing wrong that move down meant we are in down trend the move back is pullback or countering the trend so we are already in downtrend. The 1st divergence is not correct the second one is here are 3 charts
Thanks for your comment.

All the best!..^^
Today's You was Your previously Thought.
  • #331
  • Feb 26, 2011 2:58pm Feb 26, 2011 2:58pm
Hi Div,

Want to know what is the function of RSI at your chart?

Look for divergence and ...?

Thank You
Today's You was Your previously Thought.
  • #332
  • Feb 26, 2011 3:13pm Feb 26, 2011 3:13pm
No worries Div. Glad to be trading with you guys. As you know, trading can be a very lonely occupation unless you have some others to interact with :-)

Quoting Divergence
hey jdcompute again sorry for the misunderstanding
  • #333
  • Feb 26, 2011 3:20pm Feb 26, 2011 3:20pm
rsi is only to find divergence at the end of trends and look for 123 setup hopefully the chart i pu up with no bars and just zigzag can help you spot HH HL LL LH
  • #334
  • Feb 26, 2011 3:27pm Feb 26, 2011 3:27pm
time to take wife out to eat catch you guys later study the charts and they will make sense in due time
  • #335
  • Feb 26, 2011 3:29pm Feb 26, 2011 3:29pm
Quoting Divergence
hey jdcompute again sorry for the misunderstanding
Hi Mr D

Hats off to you for this!!!

I am enjoying learning your system, and thank you for sharing it with us. The problem I face is the filter you use for determining trend change direction. In my eyes, I see more HL after your "last HL" that you use for reference. Is this the "art" part?

Would you mind explaining with charts again (sorry, I am slow learner)

Many thanks in advance.
  • #336
  • Feb 26, 2011 3:37pm Feb 26, 2011 3:37pm
thanks div ... great job ... very technical, very simple, very logical

for those who need help to determine the sequence of high / low in the trend, maybe this indicator (multizigzag) can help .... I did this week .... 17 operations all winners, playing the TP.

change 60-240-1440 by 5-15-60

the indicator here:
http://codebase.mql4.com/4791
Attached Image (click to enlarge)
Click to Enlarge Name: eur-usd-m5-2011.gif Size: 40 KB
  • #337
  • Feb 26, 2011 4:20pm Feb 26, 2011 4:20pm
now simply join the lines and wait to see if the trend develops as you want to make pips

but it's Sunday so that everyone knows what can happen ... will have to wait
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur-usd-m5-2011-----h1.gif Size: 39 KB
Click to Enlarge Name: eur-usd-m5-2011-----m15.gif Size: 42 KB
Click to Enlarge Name: eur-usd-m5-2011-----m5.gif Size: 38 KB
  • #338
  • Feb 27, 2011 4:21am Feb 27, 2011 4:21am
Thanx mr. Divergence for your explanation, but I think smth is wrong with me, i still don't get this
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 494 KB
  • #339
  • Feb 27, 2011 5:25am Feb 27, 2011 5:25am
Quoting vince
Thanx mr. Divergence for your explanation, but I think smth is wrong with me, i still don't get this
Hi Vince,

The HL prior to the Last HH needs to be taken out. Hope this clears your doubt.
  • #340
  • Feb 27, 2011 5:55am Feb 27, 2011 5:55am
Quoting Sujith
Hi Vince,

The HL prior to the Last HH needs to be taken out. Hope this clears your doubt.
GOT IT! Thank's
1 trader viewing:
free84