Flag trading the trend | Page 171 | 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

  • #3,401
  • Apr 14, 2011 12:35pm Apr 14, 2011 12:35pm
Quoting Divergence
and yet another flag trade whew

Hey Div

I go that one too

FXWest
  • #3,402
  • Apr 14, 2011 6:20pm Apr 14, 2011 6:20pm
Quoting gimmie3pips
I think I have to invent a system for my mouse that gives me small electric shocks when I try and force a trade that doesnt meet specific rules

support at 4450 so I took a long at 4463 thinking it was a 123 setup
++++++++++++++++++++++++++++++++

I'll pay big bucks for that tool!
  • #3,403
  • Apr 14, 2011 6:40pm Apr 14, 2011 6:40pm
If it werent so close to the top I probably would have took that signal a few minutes ago. I'll wait for the short signal instead
  • #3,404
  • Apr 14, 2011 6:43pm Apr 14, 2011 6:43pm
nothing like watching dry paint dry
  • #3,405
  • Apr 14, 2011 6:54pm Apr 14, 2011 6:54pm
Quoting Divergence
nothing like watching dry paint dry
True, I'm just waiting to see how much lead is in this paint
  • #3,406
  • Apr 14, 2011 6:59pm Apr 14, 2011 6:59pm
especially if it's magenta...........
Quoting Divergence
nothing like watching dry paint dry
  • #3,407
  • Apr 14, 2011 7:12pm Apr 14, 2011 7:12pm
Was watching the EJ short but sub was not breached until 2nd bar after. New sub was 4 pips away from 10 sma. Case closed.
  • #3,408
  • Apr 14, 2011 7:14pm Apr 14, 2011 7:14pm
Quoting diamonddbw
Was watching the EJ short but sub was not breached until 2nd bar after. New sub was 4 pips away from 10 sma. Case closed.

Shhh .. i took this short ..shhh
  • #3,409
  • Apr 14, 2011 7:15pm Apr 14, 2011 7:15pm
I love these rules -kept me out of the EU on the 20:10 candle long!
Entries in the wicks over and over **PVSRA rules!
  • #3,410
  • Apr 14, 2011 7:17pm Apr 14, 2011 7:17pm
Quoting TraderinSD
Shhh .. i took this short ..shhh
wanna buy a zapper for your mouse too ?


good luck with your trade , hope it works out for ya
  • #3,411
  • Apr 14, 2011 7:21pm Apr 14, 2011 7:21pm
been doing a little research to try and get a few more asian trades and i find the eurjpy is a candidate for the job so i will be using it going forword
  • #3,412
  • Apr 14, 2011 7:22pm Apr 14, 2011 7:22pm
I was looking at that too, but it also looks like the s u b was point 2 and 3, which Div said was a no go at this station.

Quoting diamonddbw
Was watching the EJ short but sub was not breached until 2nd bar after. New sub was 4 pips away from 10 sma. Case closed.
  • #3,413
  • Apr 14, 2011 7:22pm Apr 14, 2011 7:22pm
Funny......
Quoting gimmie3pips
wanna buy a zapper for your mouse too ?


good luck with your trade , hope it works out for ya
  • #3,414
  • Apr 14, 2011 7:27pm Apr 14, 2011 7:27pm
heres what it would have looked like tonite on eur jy
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 166 KB
  • #3,415
  • Apr 14, 2011 7:28pm Apr 14, 2011 7:28pm
took the eur/usd short at 4994 , this could be the slowest trade i've ever seen..my hourly rate will be $2.00 when i close this out
  • #3,416
  • Apr 14, 2011 7:30pm Apr 14, 2011 7:30pm
and the reason you shorted the eurusd was why?
  • #3,417
  • Apr 14, 2011 7:36pm Apr 14, 2011 7:36pm
Quoting Divergence
and the reason you shorted the eurusd was why?
121.50 resistance
divergence off the resistance
Second S/R @ 121.26
target 121.95
  • #3,418
  • Apr 14, 2011 7:41pm Apr 14, 2011 7:41pm
ok we got 2 different trades first gimme what method is that? enough said there traderd where was the setup bar ? come on guys either follow the plan or start a new thread with your methods lol
  • #3,419
  • Apr 14, 2011 7:46pm Apr 14, 2011 7:46pm
Div- I took that Eur/JPY for 20 pips earlier-I saw up trend, flag and room for it to move. no res. no heat just grey poupon to exit. thanks for all the great help with this stuff.
  • #3,420
  • Apr 14, 2011 7:49pm Apr 14, 2011 7:49pm
Quoting Divergence
heres what it would have looked like tonite on eur jy
++++++++++++++++++++++++++++++++

Glad you posted this.

Since London sess yesterday, the ej been on the rise. When I zooooooom way out, I see significant s/r @ 121.20. Price dipped below that yesterday and retested it 5 times before a modest breach today.

This is the area that's a tough call for me. Up or Down. I really want to treat it as up since that's what it's been doing for 16 hours, however not very clear in this case, to me.
0 traders viewing now