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Flag trading the trend

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  • Post #3,741
  • Quote
  • Apr 20, 2011 6:09am Apr 20, 2011 6:09am
  •  vince
  • | Joined Feb 2009 | Status: Member | 162 Posts
Quoting d4n
Disliked
morning people.... just turned my charts on to div at resistance on eu, could get interesting
Ignored
morning d4n,
would you still take it if 1 is more than 20 pips? (i remember Div said something about that)
 
 
  • Post #3,742
  • Quote
  • Apr 20, 2011 6:19am Apr 20, 2011 6:19am
  •  d4n
  • | Joined Jul 2009 | Status: Member | 204 Posts
Quoting vince
Disliked
morning d4n,
would you still take it if 1 is more than 20 pips? (i remember Div said something about that)
Ignored
yeah, i would still take it.
 
 
  • Post #3,743
  • Quote
  • Apr 20, 2011 6:37am Apr 20, 2011 6:37am
  •  specracer
  • | Joined Jun 2010 | Status: Member | 63 Posts
Question - for a valid 123 trade, doesn' the SUB need to be the next bar following the point 3 bar?
 
 
  • Post #3,744
  • Quote
  • Apr 20, 2011 6:51am Apr 20, 2011 6:51am
  •  d4n
  • | Joined Jul 2009 | Status: Member | 204 Posts
Quoting specracer
Disliked
Question - for a valid 123 trade, doesn' the SUB need to be the next bar following the point 3 bar?
Ignored
not for me.
 
 
  • Post #3,745
  • Quote
  • Apr 20, 2011 7:22am Apr 20, 2011 7:22am
  •  specracer
  • | Joined Jun 2010 | Status: Member | 63 Posts
Ok fine. I thought that was one of Div's rules. If not, that makes it easier.
thanks
 
 
  • Post #3,746
  • Quote
  • Apr 20, 2011 7:39am Apr 20, 2011 7:39am
  •  d4n
  • | Joined Jul 2009 | Status: Member | 204 Posts
it could be, but im not aware of it... also there is an example in post 2921 where it isnt.


there is a sub right now on eu but late in the session and above previous res so not the best looking.
 
 
  • Post #3,747
  • Quote
  • Apr 20, 2011 7:46am Apr 20, 2011 7:46am
  •  specracer
  • | Joined Jun 2010 | Status: Member | 63 Posts
Quoting d4n
Disliked
it could be, but im not aware of it... also there is an example in post 2921 where it isnt.


there is a sub right now on eu but late in the session and above previous res so not the best looking.
Ignored

yes, i decided to pass on this one for same reason
 
 
  • Post #3,748
  • Quote
  • Apr 20, 2011 7:48am Apr 20, 2011 7:48am
  •  d4n
  • | Joined Jul 2009 | Status: Member | 204 Posts
Quoting specracer
Disliked
yes, i decided to pass on this one for same reason
Ignored
i jumped on with a cheeky half size - dont try this at home kids!
 
 
  • Post #3,749
  • Quote
  • Apr 20, 2011 7:56am Apr 20, 2011 7:56am
  •  Rcwso
  • | Joined Feb 2008 | Status: Member | 441 Posts
Quoting d4n
Disliked
i jumped on with a cheeky half size - dont try this at home kids!
Ignored
What do you mean by the "above reason?" I don't understand the reason in the above posts.
 
 
  • Post #3,750
  • Quote
  • Apr 20, 2011 7:59am Apr 20, 2011 7:59am
  •  d4n
  • | Joined Jul 2009 | Status: Member | 204 Posts
Quoting d4n
Disliked
i jumped on with a cheeky half size - dont try this at home kids!
Ignored
target hit... wasnt the best example so only really one for the more experienced.
 
 
  • Post #3,751
  • Quote
  • Apr 20, 2011 8:09am Apr 20, 2011 8:09am
  •  Rcwso
  • | Joined Feb 2008 | Status: Member | 441 Posts
Quoting d4n
Disliked
target hit... wasnt the best example so only really one for the more experienced.
Ignored
I took the same one for a winner. Now time to wait for another setup.
 
 
  • Post #3,752
  • Quote
  • Apr 20, 2011 8:10am Apr 20, 2011 8:10am
  •  Joel
  • | Joined May 2007 | Status: Member | 357 Posts
Took e/u short on divergence, a 123, and resistance for a win. looking for a pullback and then long with signals..... So let it be written......so let it be done......oops.... Did I say that????
 
 
  • Post #3,753
  • Quote
  • Apr 20, 2011 8:13am Apr 20, 2011 8:13am
  •  Rcwso
  • | Joined Feb 2008 | Status: Member | 441 Posts
Quoting Joel
Disliked
Took e/u short on divergence, a 123, and resistance for a win. looking for a pullback and then long with signals..... So let it be written......so let it be done......oops.... Did I say that????
Ignored
So would you consider this a PB to the 1.4500 area and go long off of a bounce from that? Or has the early morning run been to large?

If I keep on track with the trading I might be able to get a matching Delorean.
 
 
  • Post #3,754
  • Quote
  • Apr 20, 2011 8:14am Apr 20, 2011 8:14am
  •  d4n
  • | Joined Jul 2009 | Status: Member | 204 Posts
nice trading.... no wonder it went down with Joel's trillions on it
 
 
  • Post #3,755
  • Quote
  • Apr 20, 2011 8:17am Apr 20, 2011 8:17am
  •  Rcwso
  • | Joined Feb 2008 | Status: Member | 441 Posts
Quoting d4n
Disliked
target hit... wasnt the best example so only really one for the more experienced.
Ignored
Can you explain why this wasn't the best trade? Looked good to me and I took it.
 
 
  • Post #3,756
  • Quote
  • Apr 20, 2011 8:20am Apr 20, 2011 8:20am
  •  d4n
  • | Joined Jul 2009 | Status: Member | 204 Posts
Quoting Rcwso
Disliked
What do you mean by the "above reason?" I don't understand the reason in the above posts.
Ignored
it was outside suggested trading times and also above major resistance which could easily have turned into support and continued up, so not the perfect setup.
 
 
  • Post #3,757
  • Quote
  • Apr 20, 2011 8:20am Apr 20, 2011 8:20am
  •  1234
  • Joined Jun 2006 | Status: Member | 401 Posts
Looks like we all jumped on the same one. Good trading for all. I am finished for the day. Ray
Attached Image (click to enlarge)
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  • Post #3,758
  • Quote
  • Apr 20, 2011 8:22am Apr 20, 2011 8:22am
  •  Rcwso
  • | Joined Feb 2008 | Status: Member | 441 Posts
Anyone consider the recent PB just a PB and now the SUB that just passed as a valid entry back long?
 
 
  • Post #3,759
  • Quote
  • Apr 20, 2011 8:24am Apr 20, 2011 8:24am
  •  Joel
  • | Joined May 2007 | Status: Member | 357 Posts
I would rather see price test the 4487 area + or - then bounce long.........BUT...........quote=Rcwso;4558858]So would you consider this a PB to the 1.4500 area and go long off of a bounce from that? Or has the early morning run been to large?

If I keep on track with the trading I might be able to get a matching Delorean.[/quote]
 
 
  • Post #3,760
  • Quote
  • Apr 20, 2011 8:28am Apr 20, 2011 8:28am
  •  Rcwso
  • | Joined Feb 2008 | Status: Member | 441 Posts
Quoting Joel
Disliked
I would rather see price test the 4487 area + or - then bounce long.........BUT...........quote=Rcwso;4558858]So would you consider this a PB to the 1.4500 area and go long off of a bounce from that? Or has the early morning run been to large?

If I keep on track with the trading I might be able to get a matching Delorean.
Ignored
[/quote]

Isn't there hidden divergence that has formed showing potential to continue up?
 
 
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