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Flag trading the trend

  • #1,941
  • Mar 23, 2011 8:56am Mar 23, 2011 8:56am
this thread is great for info, but for staying updated as the mkt is open, would anyone be interested in getting into a paltalk room so ideas could be shared quicker
  • #1,942
  • Mar 23, 2011 8:56am Mar 23, 2011 8:56am
Quoting FXwest
I had thought that the 2nd bar was too far from the ema to take that trade, doesnt it have to be max 2.5 or 2.6 ?
I also think it's the trigger candle that needs to satisfy conditions of 2.4 pips.
  • #1,943
  • Mar 23, 2011 9:02am Mar 23, 2011 9:02am
Quoting vanderpjer
I also think it's the trigger candle that needs to satisfy conditions of 2.4 pips.
I just check and you both are right, I have missed several trades , but I know for sure now

thanks
  • #1,944
  • Mar 23, 2011 9:04am Mar 23, 2011 9:04am
Chaps, would be very interested in setting up some sort of trading room for this type of trading.. let me know your thoughts!

cheers,
PureSymmetry
Enter Signature
  • #1,945
  • Mar 23, 2011 9:06am Mar 23, 2011 9:06am
TB - I like the idea. count me in
  • #1,946
  • Mar 23, 2011 9:09am Mar 23, 2011 9:09am
yes I would be interested. Have been watching and learning.
  • #1,947
  • Mar 23, 2011 9:11am Mar 23, 2011 9:11am
@Dimaonddbw,

My Skype-Name is

logimator


  • #1,948
  • Mar 23, 2011 9:28am Mar 23, 2011 9:28am
That sounds very good to me, I would support that
  • #1,949
  • Mar 23, 2011 9:32am Mar 23, 2011 9:32am
Yep, lets make it happen! I think a chat room would be worthwhile to trade the different sessions!

cheers,
Jay
Enter Signature
  • #1,950
  • Mar 23, 2011 9:38am Mar 23, 2011 9:38am
find div find 123 find setup bar 2.4 pips from point 2 indys close above enter manage make money
  • #1,951
  • Mar 23, 2011 9:40am Mar 23, 2011 9:40am
ok, i created a paltalk room, not to try to move this discussion, but for traders to meet in while trading and for exchanging ideas as the mkt moves. go to paltalk and search for flag trading. i'll try to open this one for the ny hrs, so someone may want to create one for other hrs, if that one overlap the ny hrs, we can consolidate and close this one. i'll try it for a few days and see what the interest is like-its open now
  • #1,952
  • Mar 23, 2011 9:44am Mar 23, 2011 9:44am
great, so how do we access it?
Enter Signature
  • #1,953
  • Mar 23, 2011 9:46am Mar 23, 2011 9:46am
go to paltalk.com, create an acct(free) then search for the room--its under "flag trading"
  • #1,954
  • Mar 23, 2011 9:59am Mar 23, 2011 9:59am
Quoting PureSymmetry
Chaps, would be very interested in setting up some sort of trading room for this type of trading.. let me know your thoughts!

cheers,
PureSymmetry

I would also be interested!
  • #1,955
  • Edited 10:23am Mar 23, 2011 10:11am | Edited 10:23am
Quoting tbjohnton
go to paltalk.com, create an acct(free) then search for the room--its under "flag trading"
thanks! I will check in

Is it "flag trading eurusd" ?
Could it be Man is trying to be something without knowing they're complete?
  • #1,956
  • Mar 23, 2011 10:12am Mar 23, 2011 10:12am
Quoting Divergence
find div find 123 find setup bar 2.4 pips from point 2 indys close above enter manage make money
thanks div
  • #1,957
  • Mar 23, 2011 10:14am Mar 23, 2011 10:14am
Quoting Divergence
find div find 123 find setup bar 2.4 pips from point 2 indys close above enter manage make money
am I right?
Attached Image (click to enlarge)
Click to Enlarge Name: contr trade.png Size: 18 KB
  • #1,958
  • Mar 23, 2011 10:18am Mar 23, 2011 10:18am
Quoting viat
am I right?
looks like what i think as well
u can firmly put the div on 3 last lows
i am gonna try the paltalk :-)
making money in JimB2468 trading room
  • #1,959
  • Mar 23, 2011 10:35am Mar 23, 2011 10:35am
Hi all,

Can someone tell me how to watch Div's webinar in Vimeo.
  • #1,960
  • Mar 23, 2011 10:39am Mar 23, 2011 10:39am
SETUP BAR - When the next two bars don't exceed the setup bar, i understand that we have a NO trade situation. What is your rule for validating the next setup bar? Does the market need to recross the 10ma, or just have to pass below/above the 50, before once again passing through the 50 to form another setup bar.
hope this makes sense.
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