Flag trading the trend | Page 134 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Are you a trend trader or a counter-trend trader? 29 replies

Divergence Flag / Trend Continuation setup 0 replies

1 Min THV Flag Trading 933 replies

Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies

3 CCIs 'Flag' Trading 55 replies

Attachments: Flag trading the trend
Exit Attachments

Flag trading the trend

  • #2,661
  • Apr 5, 2011 6:07am Apr 5, 2011 6:07am
Took a shot here.
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 1.png Size: 30 KB
  • #2,662
  • Apr 5, 2011 6:12am Apr 5, 2011 6:12am
Likewise Darryl, but I bailed for +10
  • #2,663
  • Apr 5, 2011 6:13am Apr 5, 2011 6:13am
Quoting diamonddbw
Took a shot here.
could be visiting the well a time too many there D.... hope it works out though.
  • #2,664
  • Apr 5, 2011 6:20am Apr 5, 2011 6:20am
Sorry D mine was the EU
  • #2,665
  • Apr 5, 2011 7:14am Apr 5, 2011 7:14am
Quoting diamonddbw
Took a shot here.
++++++++++++++++++++++++++++++++

Too long in this one. Got out with a pip.

NY open coming up.

E/G @ Support

Saving up for next one.
  • #2,666
  • Apr 5, 2011 8:04am Apr 5, 2011 8:04am
I took this short for a loss. It hit resistence just before the trade and seemed like a good shot.

Any feedback is welcome.

Attached Image (click to enlarge)
Click to Enlarge Name: chart-1.gif Size: 22 KB
"Be the change that you wish to see in the world." --Gandhi
  • #2,667
  • Apr 5, 2011 8:15am Apr 5, 2011 8:15am
[quote=Wally1953;4522555]I took this short for a loss. It hit resistence just before the trade and seemed like a good shot.

Any feedback is welcome.
++++++++++++++++++++++++++++++++

I drank the same kool aid. Maybe wrong time of day. Too many bumps (waves). Low volume. Not enough people following this thread..

I did bail out before full loss.
  • #2,668
  • Apr 5, 2011 8:22am Apr 5, 2011 8:22am
[quote=diamonddbw;4522590]
Quoting Wally1953
I took this short for a loss. It hit resistence just before the trade and seemed like a good shot.

Any feedback is welcome.
++++++++++++++++++++++++++++++++

I drank the same kool aid. Maybe wrong time of day. Too many bumps (waves). Low volume. Not enough people following this thread..

I did bail out before full loss.
Ditto.

Not a great start to the month but learning and learning and learning. Even from the losses and more so at times.

Time to be patient, wait for the trend/pullback etc.
  • #2,669
  • Apr 5, 2011 8:26am Apr 5, 2011 8:26am
[quote=diamonddbw;4522590]
Quoting Wally1953
I took this short for a loss. It hit resistence just before the trade and seemed like a good shot.

Any feedback is welcome.
++++++++++++++++++++++++++++++++

I drank the same kool aid. Maybe wrong time of day. Too many bumps (waves). Low volume. Not enough people following this thread..

I did bail out before full loss.
Not enough people following this thread...good one!

Whatever kool aid your drinking, I want some.

Thanks for the reply!
"Be the change that you wish to see in the world." --Gandhi
  • #2,670
  • Apr 5, 2011 8:34am Apr 5, 2011 8:34am
some nice divergence on eu (also sup at 50) and gu people.... keep your eyes peeled for some 123's
  • #2,671
  • Apr 5, 2011 8:44am Apr 5, 2011 8:44am
Wally I think that the only think that was not according the rules is that the high point of set up bar was 3.3 pips from MA10 and not 2.4(max) ...
Thats my opinion .. Enjoy your trade and make money ..!
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #2,672
  • Apr 5, 2011 8:50am Apr 5, 2011 8:50am
[quote=Wally1953;4522629]
Quoting diamonddbw

Not enough people following this thread...good one!

Whatever kool aid your drinking, I want some.

Thanks for the reply!
++++++++++++++++++++++++++++++++

On that trade the Brand was Jim Jones...
http://en.wikipedia.org/wiki/Drinking_the_Kool-Aid
  • #2,673
  • Apr 5, 2011 9:34am Apr 5, 2011 9:34am
Who's making money?????

I hope at least half of you got a piece if this
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 29 KB
  • #2,674
  • Apr 5, 2011 9:36am Apr 5, 2011 9:36am
Did anybody catch this div. and 123? Nice trade.

I didn't take it cause entry was right at 10 o'clock news release.

Attached Image (click to enlarge)
Click to Enlarge Name: chart-1.gif Size: 22 KB
"Be the change that you wish to see in the world." --Gandhi
  • #2,675
  • Apr 5, 2011 9:36am Apr 5, 2011 9:36am
Quoting d4n
Who's making money?????

I hope at least half of you got a piece if this
I got mine. Time to be done for the day and go to work.

Can you post that indicator that you are using that has both the RSI and the CCI on it? Or what is that? Looks nice to be on one.
  • #2,676
  • Apr 5, 2011 9:53am Apr 5, 2011 9:53am
Quoting Rcwso
I got mine. Time to be done for the day and go to work.

Can you post that indicator that you are using that has both the RSI and the CCI on it? Or what is that? Looks nice to be on one.
Here ya go... Its a modified version of the indi that john made that only colours the setup bars if they are within 2.4 pips of the sma. To get the rsi on top just drop an rsi into that indi window.

All credit to John for the original version.
Attached File(s)
File Type: mq4 !Ret Setup.mq4   4 KB | 561 downloads
  • #2,677
  • Apr 5, 2011 10:00am Apr 5, 2011 10:00am
Quoting d4n
some nice divergence on eu (also sup at 50) and gu people.... keep your eyes peeled for some 123's
Full target now reached on EU... done for the day
  • #2,678
  • Apr 5, 2011 10:17am Apr 5, 2011 10:17am
Succesfull traders ,pls how can i watch the vedio of webminar.. If somebody can explain me the way to watch them i will be really appreciate... !! Thank you ..
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #2,679
  • Apr 5, 2011 10:21am Apr 5, 2011 10:21am
Hi, how do you drop an rsi into that indi window?? Thanks Joel
Quoting d4n
Here ya go... Its a modified version of the indi that john made that only colours the setup bars if they are within 2.4 pips of the sma. To get the rsi on top just drop an rsi into that indi window.

All credit to John for the original version.
  • #2,680
  • Apr 5, 2011 10:24am Apr 5, 2011 10:24am
Quoting Joel
Hi, how do you drop an rsi into that indi window?? Thanks Joel
Hi Joel...
Put the retracement indi on your chart then open up your indicator navigator, click on rsi and drag and drop it on top of the ret indi.
hope that makes sense, let me know if it doesnt and i can just give you the template.
6 traders viewing now