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Flag trading the trend

  • #581
  • Mar 2, 2011 5:33pm Mar 2, 2011 5:33pm
Quoting Divergence
hey no problem 919 its just this i have shown a simple and very effective way to profit consistently i even gave them the model for money management and yet noones posting charts of winning trades i dont get it so these last 2 charts will be my last until i see someone post charts of winning trades or theres really no point in me continuing here i must be a bad teacher

Hey Div,

This is a very good method, I had a positive trade at the NY open this AM
But did not post a screen shot

Will do so in the future.

Your method made clear some key fundamentals that have improved my trading.

Thanks
  • #582
  • Mar 2, 2011 6:52pm Mar 2, 2011 6:52pm
usdjpy M5 is trending down. if there is retracement, a chance to go short. What do you guys think?
  • #583
  • Mar 2, 2011 7:12pm Mar 2, 2011 7:12pm
hey guys if i say look at eurusd chart on jan 21 in us session could you locate setup? if so post it there a 2 setups thats the hint
  • #584
  • Mar 2, 2011 7:16pm Mar 2, 2011 7:16pm
usdjpy m5 retracing
  • #585
  • Mar 2, 2011 7:28pm Mar 2, 2011 7:28pm
Quoting Divergence
hey guys if i say look at eurusd chart on jan 21 in us session could you locate setup? if so post it there a 2 setups thats the hint
Are these the 2 you are referring to?
Attached Image (click to enlarge)
Click to Enlarge Name: 123.gif Size: 59 KB
  • #586
  • Mar 2, 2011 7:30pm Mar 2, 2011 7:30pm
Quoting Divergence
hey guys if i say look at eurusd chart on jan 21 in us session could you locate setup? if so post it there a 2 setups thats the hint
Here are my thoughts. I believe it was an uptrend.

Red goes with red. This would be the 1st higher high area.
Yellow goes with yellow. This would be the 2nd higher high making it the 3rd portion of the wave.

Am I on the right track?
Attached Image (click to enlarge)
Click to Enlarge Name: 21 Jan.JPG Size: 169 KB
  • #587
  • Mar 2, 2011 7:32pm Mar 2, 2011 7:32pm
sujith the second 1 is correct the first one was 7 candles earlier
  • #588
  • Mar 2, 2011 7:33pm Mar 2, 2011 7:33pm
rc those 2 were correct but i am talking about us session find those also
  • #589
  • Edited 7:36pm Mar 2, 2011 7:35pm | Edited 7:36pm
Oops, I did not see your reply. At least I picked some correctly. I will look again for the right time.

Thanks.
  • #590
  • Mar 2, 2011 7:35pm Mar 2, 2011 7:35pm
Quoting Divergence
sujith the second 1 is correct the first one was 7 candles earlier
I saw the one 7 candles earlier but couldn't draw a flag properly, so I thought it wouldn't count.
  • #591
  • Mar 2, 2011 7:37pm Mar 2, 2011 7:37pm
the flag doesnt have to be perfect its only a trendline
  • #592
  • Mar 2, 2011 7:37pm Mar 2, 2011 7:37pm
Quoting Sujith
I saw the one 7 candles earlier but couldn't draw a flag properly, so I thought it wouldn't count.
Oh I see it now. A flag could be drawn. I was wrong in my previous post.
  • #593
  • Mar 2, 2011 7:38pm Mar 2, 2011 7:38pm
when i insert a image, it always asks an url of the image. failed to post any chart .
  • #594
  • Mar 2, 2011 7:39pm Mar 2, 2011 7:39pm
today there was a trade in us session can u find that? you see if you can find these setups and post them then when you trade live you will spot them better
  • #595
  • Mar 2, 2011 7:41pm Mar 2, 2011 7:41pm
the post a chart is done this way take mt4 make chart click print screen tab on your keyboard go to paint from your start menu then paste then hit x they ask for name give it 1 and save it to desktop then go to reply on ff then scroll down to manage attachments
  • #596
  • Mar 2, 2011 7:43pm Mar 2, 2011 7:43pm
Quoting Divergence
today there was a trade in us session can u find that? you see if you can find these setups and post them then when you trade live you will spot them better
Is this it?

Disregard the buys that I have up on my chart. They are for something else.
Attached Image (click to enlarge)
Click to Enlarge Name: EU Today.JPG Size: 145 KB
  • #597
  • Mar 2, 2011 7:43pm Mar 2, 2011 7:43pm
Hi Div,

The news was at 8:15, took this one at 8:35. There was another that you posted earlier today, which I didn't take.
Attached Image (click to enlarge)
Click to Enlarge Name: 123.gif Size: 61 KB
  • #598
  • Mar 2, 2011 7:48pm Mar 2, 2011 7:48pm
Quoting Divergence
the post a chart is done this way take mt4 make chart click print screen tab on your keyboard go to paint from your start menu then paste then hit x they ask for name give it 1 and save it to desktop then go to reply on ff then scroll down to manage attachments
i see. i went to image, not attachment. thx
  • #599
  • Mar 2, 2011 7:52pm Mar 2, 2011 7:52pm
hi div,

Appreciate your interactive teaching method today. quite impressive
  • #600
  • Mar 2, 2011 7:53pm Mar 2, 2011 7:53pm
rc you located it sujith that candle was to far away from the sma .let me explain that. if the sma reading is say 1.3866 and the in this case long candles low is more that 2 pips (2.4 with pipettes) i let them go the price tends to pullback to it so i would wait till it did in this case it didnt and went on to a win but if waited i would have gotten my win 30 minutes later
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