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Flag trading the trend

  • #3,761
  • Apr 20, 2011 7:32am Apr 20, 2011 7:32am
Quoting Rcwso
Anyone consider the recent PB just a PB and now the SUB that just passed as a valid entry back long?
++++++++++++++++++++++++++++++++

Looks to me like you're trying to corner the market on pips. Please save a few for the rest of us.
  • #3,762
  • Apr 20, 2011 7:35am Apr 20, 2011 7:35am
Quoting diamonddbw
++++++++++++++++++++++++++++++++

Looks to me like you're trying to corner the market on pips. Please save a few for the rest of us.
I am not taking them from anyone yet. Just trying to get my share from those that have them all right now.

I certainly don't want to overtrade after having a winner this morning and a couple last night.

Could be time to pack the car for the vacation we are headed out on this morning.
  • #3,763
  • Apr 20, 2011 7:37am Apr 20, 2011 7:37am
I don't know how to recognize hidden divergence. Can you explain????

Isn't there hidden divergence that has formed showing potential to continue up?[/quote]
  • #3,764
  • Apr 20, 2011 7:41am Apr 20, 2011 7:41am
Quoting Joel
I don't know how to recognize hidden divergence. Can you explain????

Isn't there hidden divergence that has formed showing potential to continue up?
[/quote]

here are two documents I have read recently. Seem to be valid. Not sure if the current charts show actual hidden divergence or not.

Give them a quick read and see what you think.
Attached File(s)
File Type: pdf Hidden_Divergence.pdf   245 KB | 736 downloads
File Type: doc Hidden Divergence Explanation.doc   113 KB | 631 downloads
  • #3,765
  • Apr 20, 2011 7:42am Apr 20, 2011 7:42am
Quoting Rcwso
Anyone consider the recent PB just a PB and now the SUB that just passed as a valid entry back long?
This is a test. Had this been an actual alert, you would have been instructed to......................Kiss your pips goodbye
  • #3,766
  • Apr 20, 2011 7:45am Apr 20, 2011 7:45am
here are two documents I have read recently. Seem to be valid. Not sure if the current charts show actual hidden divergence or not.

Give them a quick read and see what you think.[/quote]
Thanks...........
  • #3,767
  • Apr 20, 2011 7:45am Apr 20, 2011 7:45am
Quoting Joel
This is a test. Had this been an actual alert, you would have been instructed to......................Kiss your pips goodbye
Yes, very loud alarm sound going off in the background.

That is what I thought. No pips lost yet. Just wondering and learning.

But with what I was looking at with the "hidden divergence" I am wondering if it is a valid signal back up.

Time will tell. Let me know what you think when you get a chance to read those docs.

Thanks.
  • #3,768
  • Apr 20, 2011 7:46am Apr 20, 2011 7:46am
Isn't there hidden divergence that has formed showing potential to continue up?[/quote]
++++++++++++++++++++++++++++++++

I see that too. On top of that is hidden div to continue long on E/G.

On the flip side of both scenarios, is both pairs are 30% beyond their 5 day adr. Bears & Bulls are in a shoot out. Collateral damage could ensue.
  • #3,769
  • Apr 20, 2011 7:52am Apr 20, 2011 7:52am
Quoting diamonddbw
Isn't there hidden divergence that has formed showing potential to continue up?
++++++++++++++++++++++++++++++++

I see that too. On top of that is hidden div to continue long on E/G.

On the flip side of both scenarios, is both pairs are 30% beyond their 5 day adr. Bears & Bulls are in a shoot out. Collateral damage could ensue.
It seems there also is hidden div on the EJ. This is where I get myself in trouble looking too much at the charts and attempting to OVERTRADE.

Yes, collateral damage...OUCH! That could hurt.

"I'll be back"
Attached Image
  • #3,770
  • Apr 20, 2011 8:03am Apr 20, 2011 8:03am
Quoting Rcwso
It seems there also is hidden div on the EJ. This is where I get myself in trouble looking too much at the charts and attempting to OVERTRADE.

Yes, collateral damage...OUCH! That could hurt.

"I'll be back"
++++++++++++++++++++++++++++++++

I remember that movie. I think it took place in California, didn't it?
  • #3,771
  • Apr 20, 2011 8:12am Apr 20, 2011 8:12am
Quoting diamonddbw
++++++++++++++++++++++++++++++++

I remember that movie. I think it took place in California, didn't it?
Affirm. I will honk and wave as we pass each other on the freeway.

Enjoy the pips.
  • #3,772
  • Apr 20, 2011 8:35am Apr 20, 2011 8:35am
did anybody take the div/123 on EJ ? didn't take it; s u b (with low within 2 pips of point 2) too far from ma
:-anything
  • #3,773
  • Apr 20, 2011 8:45am Apr 20, 2011 8:45am
I'm waiting for the eu pullback/ma xover but news is in 15 min...hmmmm
  • #3,774
  • Edited 9:19am Apr 20, 2011 9:03am | Edited 9:19am
Hey,

here's a nice example of 3 divergences on the EUR/JPY followed by a 123.

Was a nice winner, I got +42 pips with exit at the next lower s/r level.

Cheers,
Olarion
Attached Image (click to enlarge)
Click to Enlarge Name: eu_div.gif Size: 23 KB
  • #3,775
  • Apr 20, 2011 9:11am Apr 20, 2011 9:11am
Quoting Olarion1975
Hey,

here's a nice example of 3 divergences on the EUR/JPY followed by a 123.

Was a nice winner, I got +42 pips.

Cheers,
Olarion

Sweet trade Olarion...
Enter Signature
  • #3,776
  • Apr 20, 2011 9:22am Apr 20, 2011 9:22am
1-800-wahhh...I need some help. when I make trades I have Divergences Tony Sopranoish voice in my head saying...."find da trend...wait for da pullback....find the triggah...entahda trade...manage da trade....make money" usually followed by a little chuckle
  • #3,777
  • Apr 20, 2011 9:32am Apr 20, 2011 9:32am
Quoting Olarion1975
Hey,

here's a nice example of 3 divergences on the EUR/JPY followed by a 123.

Was a nice winner, I got +42 pips with exit at the next lower s/r level.

Cheers,
Olarion
Is that following this methods rules for a 123 setup ?
  • #3,778
  • Apr 20, 2011 9:35am Apr 20, 2011 9:35am
Quoting billm
Is that following this methods rules for a 123 setup ?
Yes, I think so. You could have taken the 123 setup even without divergence.

Cheers,
Olarion
  • #3,779
  • Apr 20, 2011 9:43am Apr 20, 2011 9:43am
hey tony wack the bum then feed him to the fishes
  • #3,780
  • Apr 20, 2011 10:08am Apr 20, 2011 10:08am
Quoting gimmie3pips
"find da trend...wait for da pullback....find the triggah...entahda trade...manage da trade....make money" usually followed by a little chuckle
yea my favorite song too !! can't get it out of my head !!!
done for the day
Attached Image (click to enlarge)
Click to Enlarge Name: aud.png Size: 37 KB
:-anything
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