Flag trading the trend

amazing this was a 34 pip stop thats going to hit target JOEL you owe me a ruth steakhouse steak for this lol

OK!

What do you think Div, if this Eur busts through this support around 65...look for a pullback trade?

Or a div. 123 countertrend trade?

I got the short for 20
I have been taking the crazy trades with the big stops off the wacky moves. If the stop is over 20 I am just going in with a 20 TP and a 20 SL. I think you guys are using 26 as your cut off that seems to big to me from a M5 chart, I am used to watching the paint drying like action of the Asia session. I only get to trade London New York once a week on Mondays. Even 20 pips on the overnight is pushing it.

There was a nice 123 on USDCHF

crazy moves, but it still works lol.. trend was down, 4350 res held => trend still down, then a pullback, took the 1345gmt sub wow that was a quickie :-) 3rd winner today, done for the day. Still in training mode but getting better and better. Thanks Div for everything.

I took the short & got my 33 pips...Wow...My fingernails are now short enough...Now maybe some regular Flag trades???Thanks

how annoying was this day major trends no setups oy vey

No setups? I'm glad because I wasn't seeing any and wondered if I should have been seeing some. Still very new to this method!

if stops werent so big then there would have been but that was not the case

could this be a flag forming right now? even though it's just about outside the usual time for looking for trades.

very clear divergence and 123 reversal on cable earlier...

http://i464.photobucket.com/albums/rr10/klark72/123.png

http://www.forexfactory.com/[IMG...lark72/123.pnghttp://%3Ca%20href=%22http://s464.ph...%22%3E%3C/a%3E

just got in from work, looks like i missed all the fun today.

Hey Flaggers,

What would have kept me out of the 1345 GMT (8:45 EDT) setup, 1350 GMT (8:50 EDT) entry on EU this morning. What am I not seeing?

Jon

Hello all and thank you Divergence, this is a great system.

The only thing I don't fully understand is the trigger bar distance from the ma rule.

Example: Trend is down, slight retrace up, flag signal, resumes bear move, trigger bar closes below 10sma. Are you saying the close of the trigger bar has to be within 2.4 pips of the ma?

Additionally, if the trigger bar closes directly on the ma and everything else is a go does that qualify? I think I understand the answer to be yes.

I know these have been addressed but for some reason they aren't clear to me.

If someone would be willing to post an example that would be great.

Thanks again and best of luck to you all.

At 8:45 you were at the extreme of the daily ATR and in the 4th or 5th wave(you had 4or 5 pullbacks). You were due for a turn up. I start looking for a turn after 3 pullbacks

maybe my density level is above average....I can't get any of the videos up....Help?
Thanks

I agree with you, that looke like a valid entry but I've only been at this method for a few days. Some of this stuff looks very subjective. Counting waves and pullbacks and picking 123 formations.

http://i464.photobucket.com/albums/r...ark72/help.png