Flag trading the trend

Hi Div

To make it simple for me, is it true that PA needs to take out the last Highest High for a long, and then retrace, and trigger, to be a valid trade, so if PA goes into a high, but not above the last highest high, in your time frame and then retraces and triggers we are not to take that trade as it didnt take out the last highest high?

is that correct?

thanks

FXWest

Big, big thanks to you Div...

watched the recording 2 times now (unfortunately the audio synchronisation lags a littlebit, but after a while you get a feeling for the delay)

Many insights for me, not only about that trendfollowing-system. I guess I'll watch it a third and a fourth time.... (my english isnt that good...)

Does it make sense to you to observe more than one pair? And what about a sma-crossing alerter... one could forget about the pair while the PA leads it away from the trendline, maybe for a cup of coffee...(self edited: obviously too many Alerts).

Best wishes...Oxi


btw.: your voice sounds like Randy Newman... (...NOT meant as an offense! I dont know his reputation in the US...but I simply love the timbre of his voice)

i knew this trigger at 8 pm would be tough B E for me

Hi Div, missed all the traffic on Friday as internet was down for a few days. Would like to see the recorded session if you could please PM me the link. Cheers

it seems some have had video audio problems with the webinar and others have not thats beyond my control silver it seems i cant send you pms and it would not be wise to post your email so you may have to wait a little

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That looks like the real deal to me. Good going.

Yeah, I wish I had been signed in as I was following the thread here...would have loved to see the video....but I've copied and pasted to a document so I should be able to grasp this method pretty easily.

Hi Olarion,

The trigger bar's low is below the SMA in the chart that I posted. The rule is the low should not be more than 2.4 pips from the SMA. eg If the low is 1.5243 and SMA is 1.5241, it is valid; if the low is 1.5244 and SMA is 1.5241, trade is not valid; if the low is below SMA, the rule doesn't come into play.

good i let it pass end of session for me i am a stickler for keeping rules 100% of the time the reason if i dont i will get lured into a false security that i can do that and get away with it all the time it usually will come back to bite me but the bottom line is you found the trend waited for pullback found trigger bar entered trade made money

Ok re the PM.

well heres an annoying factor about keeping rules there was divergence at top here and a 123 and the trigger candle not only was 2 pips but it was at point 2 it was a 10 pip trade which of course was a winner

Profit is sooo annoying.

Hi Div. Did PM you once for link. Not going to duplicate, sounds like your box is full. Send when you can.

Thanks,
Darryl
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I didnt take this one. I am waiting for down trend confirmation. Too cautious?

look now diamond

unfortunatly sayath didnt take it session ended for me

Anarchist here. Took this trade on EJ just now.
• Sorta 123 reversal
• Divergence
• -50 on Trigger
• Entry on next bar @ 1 pip lower than Trigger close.
• Blue line in entry
• Black line is s/r

My biggest uncertainty on this one is the fact that the Trigger bar Straddled the 10 ema by 5 pips on either side.

Waiting for 114.28

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Awesome dude, thanks

diamond as long as trigger candle is attached to sma thats fine

I've been trading this method too for years and it worked wonderfully for me. I am really glad tha a wonderful people like Mr Divergence here is willing to take up the stage and share this with us.

Here's my 2 cents input for this wonderfull strategy.



It's not the indicator that move the price, it's the other way around.
The price moved by people. People like us who happen to have ridiculously long zero digits in their bank accounts. The Big Guys. The Big Guys who put in and pull out their money in and out from the market. But this "big guys" are still need to sleep, go to the office to open or join the market and going for lunch later and you know what, they got scared too like us.

So the most logic way to joining this big guys and making serious pips is by staying alert for Liquidity that usually rise during Market open

Again Thanks Mr Div, I can see that you are helping a lot of people here!

Keep up the fantastic work


NG