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Flag trading the trend

  • #1,581
  • Edited 3:26pm Mar 19, 2011 1:54pm | Edited 3:26pm
Quoting Divergence
find trend wait for pullback find setup bar wait for it to trigger manage trade make money
I'm a newbie to this forum. I trade index mini's NQ, ES and 6E. ( I know... I'm from the DARK SIDE..haha ) I have been following this thread and watched Div's presentation the other night ( good stuff here people ).

Regarding the above statement. This is about as simple as it gets. I myself blew a very large account way back when not listening to this advise. If I were to guess ?? Most traders are having their difficulty in defining the trend. Div presents a way that is very basic in defining that trend. It's so basic, that it really has become a lost art form. Reason: We all ( including myself ) have been caught up in indicators at one time or the other to help us define the trend. Div is teaching the art of letting PA define the trend first, not the indicator. Study this method of reading trend and you will be able to trade any market, any time frame. Why, because you will know the trend. How many times have you said to yourself something like """ if I was only sure of the trend ?? """

Dont get me wrong, it will take some time as most are not acustom to looking at price in this manner ( no indicators ). One option would be to add more candles to your screen, condense it.( the bigger picture - Div was doing this durring his presentation ). This well help you begin to see the trend change better. As with anything it will take time to train your eyes. There are many who see it very well now but in the begining had some difficulty......Then you can focus down, with less candles on your screen, in order to see the set ups.

The other tid bit is his trade management. What he does once the trade is put on. Ever notice how many traders do "nothing" once the trade is put on. They let the trade either hit their target or get taken out with the SL. There is a 3'd option " trade management ". Div has his 5 pip rule and a break even rule. This technique alone will make his method work exceptionally well as some trades will not hit targets but will still profit or even scratch. ( a scratch is defined as BE plus com's.. a freebee !! ) This is what makes low expectancies methods work. The great thing here is Div's method is a high expectancy method. I believe this is one of the reasons why.

As Div has said ( a few 100 times or at least that many in the presentation LOL !) you have to "find trend wait for pullback find setup bar wait for it to trigger manage trade make money." This is why his method works so well ( he knows the trend )

Just my opinion... which by the way means ... "nothing"

Excellence in simplicity.

Great stuff Div !!!
  • #1,582
  • Mar 19, 2011 4:28pm Mar 19, 2011 4:28pm
Quoting Shanexx
Nicely done dude. Though very late, still nicely done. One should never trade this late on a Friday. Correct me if I'm wrong, but as far as I know the big boys only trade the first 2 hours of every session after that its us specs. That is why Divergence trade the times he does. Again correct me if I'm wrong. That's why I'm tired of being somebodies producer(high stakes poker), so don't you be, top over trading.
I agree this trade was outside Divergences trading times. My aim was just to show the set-up bar and trigger bar of a trade which met all the other criteria except the time of trade.

Many thanks
Noodles
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #1,583
  • Mar 19, 2011 6:42pm Mar 19, 2011 6:42pm
The most recent video is ready to post. I need some php help prior to posting Divergence' Video. If anyone on this thread can offer that help, please PM me.

Thanks,
Darryl
+++++++++++++++++++
  • #1,584
  • Mar 19, 2011 7:17pm Mar 19, 2011 7:17pm
Quoting diamonddbw
The most recent video is ready to post. I need some php help prior to posting Divergence' Video. If anyone on this thread can offer that help, please PM me.

Thanks,
Darryl
+++++++++++++++++++
I Know a little php, what do you need?
  • #1,585
  • Mar 19, 2011 9:07pm Mar 19, 2011 9:07pm
Quoting Divergence
There is a host of various kinds of methods but the simplest way to make money is trading flags in a trend. YOU can do it on any time frame and any pair. In other words trade the pullback in a trend do this and you will find your self not looking on the forex factory threads except to see when news is happening.
I am new where can I read more about trading flags
  • #1,586
  • Mar 19, 2011 11:27pm Mar 19, 2011 11:27pm
Quoting siva247
I am new where can I read more about trading flags
++++++++++++++++++++++++++++++++


Read the 1st few pages of this thread, then read pages 99-present.
  • #1,587
  • Mar 19, 2011 11:30pm Mar 19, 2011 11:30pm
Quoting Pips-and-Dip
I Know a little php, what do you need?
++++++++++++++++++++++++++++++++

Hi P&D. I've recorded 2 video's regarding this thread. One of them is made by Divergence, the threads originator.

What I need is one more password protected page for my site.

If you can help, contact me via skype diamonddbw.
Thanks,
Darryl
  • #1,588
  • Mar 20, 2011 12:24am Mar 20, 2011 12:24am
Quoting TraderinSD
I'm a newbie to this forum. I trade index mini's NQ, ES and 6E. ( I know... I'm from the DARK SIDE..haha ) I have been following this thread and watched Div's presentation the other night ( good stuff here people ).

Regarding the above statement. This is about as simple as it gets. I myself blew a very large account way back when not listening to this advise. If I were to guess ?? Most traders are having their difficulty in defining the trend. Div presents a way that is very basic in defining that trend. It's so basic, that it really has become...
Excellent post. Spoken from experience. Ray
  • #1,589
  • Mar 20, 2011 4:15am Mar 20, 2011 4:15am
Quoting passgo
Perhaps we should add two points to David's pdf from Div's teachings - for me these two points have been the most important part of my learning. The system is not rocket science but the discipline IS and that is where we all go wrong:

1. TRADE WITH THE TREND - STOP worrying about 123s, divergence etc. etc. until you know you have got it. For me that means getting a 100 winners - so far I am 7 on that route. I have been able to trade instruments I have always struggled with and with a sense of serenity.

There are more than enough trades without...

very well put,all u wrote.
to redo the hardware...i can only echo it...its simple, safe if someone choose the perfect set up = profitable, and on that 5 min charts there are plenty in a month.
as mr. DIV mentioned to a guy before,,so this is yr last system, right?!
:-)))) i hope and looks like it will b my case as well,,,the bone and gut feeling are just right
thankx zilions lol
making money in JimB2468 trading room
  • #1,590
  • Mar 20, 2011 6:04am Mar 20, 2011 6:04am
Thanks - I think lots of us have made this journey over years. I have been here before thinking I have got my system right and I have made money but the market changes and you have to spend time analysing and changing to keep up. I just feel this won't be the case this time around as the idea is based on the essential dynamic and psychology of ANY market and will always be. So yes - this is my last system.

The other element that I know many of us value has been Div's help and patience - anyone reading through the thread will see how we have all struggled to get to grips with seeing the trend. That is why we resort to all these indicators as "crutches" but they don't answer the real question that the naked eye gets used to seeing with a little help from the SMA. Those who have won through have worked away - others have tried and left - only one person can make that decision to trade - yourself and it is a naked feeling but one you just have to get used to. All I can say is that it is good to arrive in a place without the stress of day trading. I have tried to find a way to become a swing trader but long term trading just doesn't suit my personality. This fits the bill, defined in hours, producing lots of opportunities so not requiring being tied to the trading computer.

If you have got this far on this thread - FEEL LUCKY, very lucky!!
  • #1,591
  • Mar 20, 2011 2:25pm Mar 20, 2011 2:25pm
Quoting tjfxtrader
Higher lows define an uptrend.

Lower highs define a downtrend.
Hi
I hope you good folks can help me. I am having problems with trend direction using divergence rules – I hope someone can help.
In the chart below, (please ignore the time) it is down trend, LH, LL (from the centre onwards). Does price have to break the blue, green or red horizontal line to be considered a change in trend direction? (ie we start looking for long trades?) Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: P1.jpg Size: 154 KB
  • #1,592
  • Mar 20, 2011 3:53pm Mar 20, 2011 3:53pm
According to your chart, to me the break of the blue line is already a warning that the flow is going up but i would be on the sidelines until the confirmation of trend change, at the break of green line, as it´s the nearest LH after a LL... but i can be wrong just my 0,0002 cents ...


Here´s the chart again

Attached Image (click to enlarge)
Click to Enlarge Name: P1.jpg Size: 156 KB
  • #1,593
  • Mar 20, 2011 4:13pm Mar 20, 2011 4:13pm
Quoting laimonk
Hi
I hope you good folks can help me. I am having problems with trend direction using divergence rules – I hope someone can help.
In the chart below, (please ignore the time) it is down trend, LH, LL (from the centre onwards). Does price have to break the blue, green or red horizontal line to be considered a change in trend direction? (ie we start looking for long trades?) Thank you.
I put a zig zag indicator on my chart as divergence suggested in his video talk the other night. It helps you not to look at every little swing high or low.
Attached Image (click to enlarge)
Click to Enlarge Name: s.gif Size: 21 KB
  • #1,594
  • Mar 20, 2011 4:19pm Mar 20, 2011 4:19pm
Quoting laimonk
Hi
I hope you good folks can help me. I am having problems with trend direction using divergence rules – I hope someone can help.
In the chart below, (please ignore the time) it is down trend, LH, LL (from the centre onwards). Does price have to break the blue, green or red horizontal line to be considered a change in trend direction? (ie we start looking for long trades?) Thank you.
Pick a line, any line.

Price below = down and price above = up.

That is not as flippant as it seems.

http://i54.tinypic.com/e9g0tj.gif

Place lines at the lower lows and higher highs.

Use those lines.
  • #1,595
  • Mar 20, 2011 4:33pm Mar 20, 2011 4:33pm
Divergence 2nd Video is now Available to Flag Thread contributors. As per Divergence request, this video is for the "Private" use of individuals here. "Copying this video for distribution is prohibited."

Please respect his wishes. He has not asked us for anything (other than this request) but has given generously of himself, Volumes of information and help "Freely" to all of us. So Please follow his lead and his wishes and we will all be better for it. ~end rant

Currently 2 videos are available. The first video is the second one made by Divergence, which runs approximately 90 minutes. This video is mostly about how to Properly identify and use the trend for trade set ups. Many of you have already seen this, but it certainly won't hurt to re-watch. I know I've watched it twice now and getting the trend right is perhaps the most critical notion about this entire trade. So don't go off half cocked without doing your own due diligence, unless of course you have an endless supply of money and are short on intelligence.

The other video is one I made in which I attempt to show precisely;
• Where to Enter,
• Where to put your Stop
&
• Where to Take Profit
• How to identify the "Set Up Candle" & "Entry Candle" by use of the special CCI indicator available under attachments on this thread.

Of course, I am not fully an expert on this trades management yet. So I welcome all helpful commentary and suggestions on any errors I may have made and how to improve the content. This video is not intended to lay out all aspects of the Flag trade. But is a general info highlighting the items listed above.

For all Reading this thread, please note, by reading at least the first 10 pages and the last 10 pages you will benefit immensely!

Please PM me for free video access.*
Darryl

* Right now the videos take a long time to load. At least 5 minutes, depending on your internet connection. I'm working on reducing the time and will let you know when I have made improvements.
  • #1,596
  • Mar 20, 2011 4:48pm Mar 20, 2011 4:48pm
Like many of you, i have spent years trying to become consistently profitable in the markets. I have spent mucho $$ on stuff with little value (although i always learned "something").
The info shared by DIV is truly valuable, Thank-you sir. I very much appreciate your work.

My first post on FF, I have been visiting for a couple of months. Time for me to get more involved!
  • #1,597
  • Mar 20, 2011 4:57pm Mar 20, 2011 4:57pm
Hi Diamond,

I am still a junior member so I cannot pm you. I have viewed the last webinar live and I have been following this thread from the beginning. Would I be able to have access to view the video, even though I cannot PM you?
  • #1,598
  • Mar 20, 2011 5:42pm Mar 20, 2011 5:42pm
Quoting thefallguy
Hi Diamond,

I am still a junior member so I cannot pm you. I have viewed the last webinar live and I have been following this thread from the beginning. Would I be able to have access to view the video, even though I cannot PM you?
++++++++++++++++++++++++++++++++

Let me know your skype name. Then we can communicate that way.

Just tried to PM you and your still shut out. I think it has something to do with the number of posts you have. Because everyone that sets up an account on FF is monitored for a period of time to make sure you're not here just to sell something or be a pain in the rear end.
  • #1,599
  • Mar 20, 2011 5:47pm Mar 20, 2011 5:47pm
Hi Diamond
Likewise I am a junior member and have been following this thread
for some time, is it possible to access the videos. Thanks
And Thank you very much Divergence
  • #1,600
  • Mar 20, 2011 6:22pm Mar 20, 2011 6:22pm
Hey Diamond,

thanks, my skype name is fabfarr.
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