Flag trading the trend

Thats why I fired my therapist.........................

You forgot the ct cream.
NIce one happened out of your session.
gray.

Hi, Diamond.
Can you please give me access to the instructional videos you made.
My skype name is Wabbit6731.
Thanks vry much.

Can the sma be adjusted to a better setting to reduce the 2.4 pips setting? What about using sma with length of 5

Nothing wrong with losers, as long as you can learn from them. Consider it paying for lessons! Boring overnight or what?!

well here's how my trades have played out since yesterday when I started strictly followings divs system.

4/17 - eu short @ 4373, closed 4360 gain; 12.7 pips
4/18 - eu long @ 4228, closed 4223 loss 5.1 pips (CCi was not over 50 and I didnt notice until after i entered the trade)

4/19 usd/jpy - accidental click, i lucked out and jumped back out for a 1.3 pip gain lol

4/19 -00:15- nzd/usd short@7845 closed 7843 gain 2.5pips
This trade started out well good setup, entered and was gaining slowly, hit s support level at 7843, broke through support but then 2 candles later came back above. i closed out for a small gain. PA did continue to climb and cross above MA to 7850

overall i am up 11.5 pips so far considering i was recently closing days with 110 pip losses, this is doing quite well even with my mistakes


I'm looking for short entry for GBP/JPY and NZD/USD here in the next few minutes, we'll see how the stars and SMA align

Hi Gimmie3
The EJ, UJ and GJ have all bounced of support three times today, I am waiting to see if they drop below. Glad that you are doing ok with Div's method, I was lucky last night with the wild market and shorted EJ for +47.5 so that pulled me out of the hole.

Yep I should have used my better judgment and stayed away from those right now, they're all over the place, got bit 3 times when they turned back on me

I had one good flag on EJ this morning, the TP was at 21pips, but I had to go out and closed the trade for +7 and before I could enter the trade in my journal the trade dropped and would have taken my TP, in the words of Diamond "Whaaaah".

where is joel when i need him to sell 100,000 lots and knock the price down ...lol

The King is sitting on his throne

Pretty good definition of a range bound market. I'm looking for a short but need lots of confirmation.

Agreed

HMMMM...................... That sounds like a double entendre to me......

Hi whet412

Don't change anything; the method is very successful once mastered.
It returns between 10-20 trades per month just on one pair and very few losses.
That's a lot of % gain.

Gray.

took the 1120 gmt setup bar on eu - 4267 s/r broken & retested & nice flag (wedge) for a quick win (t/p hit in 14 minutes).. the only EU setup so far today.. or have I overseen some?

There were 2 discounted trades earlier:
they were discounted due to being too big (stop to entry), not retesting s & r, over extended on rsi and divergence against the trade.

The trade you took was viable but as you were entering on a wave 4 into 5 you were at the top of the tree and therefore have to be careful it doesn't run out of steam.

This method was designed around picking the best opportunities and avoiding risk. One of the biggest risks is over trading; so bag the win and go laze in the sun.

Gray.

Thanks Trader.

Btw, guppy's got a textbook flag forming, just above weekly S1....if it breaks thru could be crazy pips....I'm moving to b/e asap and letting it run.

Edit: b/e. In too early

Just noticed divergence as well. Rookie moves get rookie pay.

Too Funny !!!.. I'll put that on wall in front of me

For access to videos:

• Open FREE Vimeo account @ www.vimeo.com

• PM me your Vimeo url or email. User Name usually does not work because I get multiple hits doing Vimeo search.

• Access is limited to Thread Participants.

Thanks,
Darryl
++++++++++++++++++++++++++++++++

BTW: In the intro video (the only one not done by Divergence) I erroneously said that the entry was taken one pip beyond the "Set Up Bar" close. What I should have said is entry is taken "One pip beyond SUB Hi/Lo". Will be making correction after my move.