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Flag trading the trend

  • #2,041
  • Mar 24, 2011 9:31am Mar 24, 2011 9:31am
end of asian need to focus
  • #2,042
  • Mar 24, 2011 9:42am Mar 24, 2011 9:42am
Does this mean we are in a up trend?


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  • #2,043
  • Mar 24, 2011 9:43am Mar 24, 2011 9:43am
Quoting Divergence
u had div and 123 setup to short
Div, thanx for heads up, too bad i was hesitating to go against the trend.
What do you think about this trade here
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  • #2,044
  • Mar 24, 2011 9:43am Mar 24, 2011 9:43am
Quoting thefallguy
Does this mean we are in a up trend?


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Yes.
  • #2,045
  • Mar 24, 2011 9:48am Mar 24, 2011 9:48am
830 pm tonite
  • #2,046
  • Mar 24, 2011 10:10am Mar 24, 2011 10:10am
Quoting Divergence
u had div and 123 setup to short
if this was for me, then yes, i know, but i still like to see some kind of a trendline (or pullback) broken as well. i saw the divergence at a resistence area, 123 wasn't so clear, but trendline, small res @ 4132, and ma were broken, cci <-50 so i took it.
  • #2,047
  • Mar 24, 2011 10:35am Mar 24, 2011 10:35am
don't over analyse the setup is the setup don't add to it
  • #2,048
  • Mar 24, 2011 10:41am Mar 24, 2011 10:41am
My MT4 software shows the GMT clock 1 hour ahead of the actual GMT time. Could anybody clarify this for me?

I apologize if this is stupid question but I am a noob at this.

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  • #2,049
  • Mar 24, 2011 10:43am Mar 24, 2011 10:43am
Quoting thefallguy
My MT4 software shows the GMT clock 1 hour ahead of the actual GMT time. Could anybody clarify this for me?

I apologize if this is stupid question but I am a noob at this.

Attachment
Attachment
your broker is probably in +1gmt timezone
  • #2,050
  • Mar 24, 2011 12:09pm Mar 24, 2011 12:09pm
I took these two trades today but I coudnt post because I had to take my daughter to school and some other things

The first one was done about 45 minutes before NY open and had a small TP
and I got out just a hair early

The second one was after news had calmed down and I took a little heat on it but it turned out good, But, I still got out a little early

I had determined that we were still in an uptrend thus the logic behind the trades

comments welcome:

Red arrow signifies trigger white lines signify TP and SL

Trade 1
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Trade 2

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  • #2,051
  • Mar 24, 2011 12:20pm Mar 24, 2011 12:20pm
Quoting FXwest
I took these two trades today but I coudnt post because I had to take my daughter to school and some other things

The first one was done about 45 minutes before NY open and had a small TP
and I got out just a hair early

The second one was after news had calmed down and I took a little heat on it but it turned out good, But, I still got out a little early

I had determined that we were still in an uptrend thus the logic behind the trades

comments welcome:

Red arrow signifies trigger white lines signify TP and SL

Trade 1
Attachment

Trade...

disregard the 3rd screen shot it is the same as the first
  • #2,052
  • Mar 24, 2011 12:30pm Mar 24, 2011 12:30pm
700 pm tomorrow 1 more webinar
  • #2,053
  • Mar 24, 2011 12:38pm Mar 24, 2011 12:38pm
Quoting Divergence
700 pm tomorrow 1 more webinar
Thanks. Two good trades today. Getting more confidence with your method and seeing the trend. Look forward to tomorrow's wedinar. Ray
  • #2,054
  • Mar 24, 2011 1:02pm Mar 24, 2011 1:02pm
Quoting Divergence
u had div and 123 setup to short
Is this the divergence 123 trade you took this morning? I didn't take it when I saw 3 candle reach a higher high (by 1 pip) than the 1 candle. Don't you want a lower high on 3 candle? So I take it that if it's close you'll take the trade? What's your rule of thumb on this? Within 1 pip, 2pips? Maybe your platform showed a little different pricing there than mine. Thanks for your clarification and for a terrific strategy you've shared here.
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  • #2,055
  • Mar 24, 2011 1:10pm Mar 24, 2011 1:10pm
div
looking forward to the webinar, see you there
  • #2,056
  • Mar 24, 2011 1:21pm Mar 24, 2011 1:21pm
me too :-)
making money in JimB2468 trading room
  • #2,057
  • Mar 24, 2011 1:29pm Mar 24, 2011 1:29pm
I am jr member here (not a jr trader). I would really like to get into webinar. How can i do that. I can't pm as a jr member Thanks!
  • #2,058
  • Mar 24, 2011 1:35pm Mar 24, 2011 1:35pm
Quoting Divergence
700 pm tomorrow 1 more webinar
You are giving another Webinar. Great, was there at the previous. 7pm EST correct? Do we need a new link ?

Thank again Div
  • #2,059
  • Mar 24, 2011 2:29pm Mar 24, 2011 2:29pm
tomorrow night at 7pm enter at 645pm thats est time i will answer all your questions heres the linkhttp://www.freebinar.com/tradingthetrend1
  • #2,060
  • Mar 24, 2011 3:54pm Mar 24, 2011 3:54pm
Quoting Divergence
tomorrow night at 7pm enter at 645pm thats est time i will answer all your questions heres the linkhttp://www.freebinar.com/tradingthetrend1
Hi does any one know what time that is LONDON TIME? Also are you recording it again Diamond geezer?
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