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Flag trading the trend

  • #4,681
  • Jun 18, 2011 9:06pm Jun 18, 2011 9:06pm
Quoting pbb
Hi SnR, can you tell what indicator you USD for hh hl lh ll.

Thanks, pbb
here is one set the zig zag color to match your background then it will just display the labels. I found this with google and just took the pricelable off the original.
http://i54.tinypic.com/2py9duo.png
Attached File(s)
File Type: ex4 ZigZag_wLabel1.ex4   8 KB | 652 downloads
  • #4,682
  • Jun 19, 2011 9:17am Jun 19, 2011 9:17am
Dear traders,

I recorded the webinar and optimzed in size and quality. Result is a 90Mb video file, shared here:
http://www.mediafire.com/?l5qb5aunrl5tjrx
thanks to Div for all the infos!
  • #4,683
  • Jun 19, 2011 4:15pm Jun 19, 2011 4:15pm
Thanks kopaszn. I recorded it and ended up with a 700MB file and not as good quality as yours
  • #4,684
  • Jun 20, 2011 9:45am Jun 20, 2011 9:45am
m15 is up, and a SUB on m1
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 28 KB
  • #4,685
  • Jun 20, 2011 10:11am Jun 20, 2011 10:11am
Hi,

Thx for the video. The picture is perfect but I don't have sound

Is there sound to it, or is it only me who does not have sound??

Thx so much for the trading help
  • #4,686
  • Jun 20, 2011 11:11am Jun 20, 2011 11:11am
Quoting kopaszn
Dear traders,

I recorded the webinar and optimzed in size and quality. Result is a 90Mb video file, shared here:
http://www.mediafire.com/?l5qb5aunrl5tjrx
thanks to Div for all the infos!
thx for the work kopaszn,

thx div for sharing again, already watching the live proof
making money in JimB2468 trading room
  • #4,687
  • Jun 20, 2011 11:11am Jun 20, 2011 11:11am
Quoting Bonny3129
Hi,

Thx for the video. The picture is perfect but I don't have sound

Is there sound to it, or is it only me who does not have sound??

Thx so much for the trading help
i use vlc, no prob there
making money in JimB2468 trading room
  • #4,688
  • Jun 20, 2011 11:27am Jun 20, 2011 11:27am
Quoting Bonny3129
Hi,

Thx for the video. The picture is perfect but I don't have sound

Is there sound to it, or is it only me who does not have sound??

Thx so much for the trading help
I don't have any problems with the video but it loads in Apple Quicktime not Windows Media Player.

Thanks to the uploader.
  • #4,689
  • Jun 20, 2011 12:40pm Jun 20, 2011 12:40pm
Thanks so much. I will download Quicktime
  • #4,690
  • Jun 20, 2011 1:21pm Jun 20, 2011 1:21pm
i trade london and ny
it was nothing during london, and at the end of my trading time there was a move

2 BE and a winner and a half for me today using the 1 min chatrs for the first time live

the second entry was 2 min/candles later, but the deal was by the rules
the last trade was a overtrade and unwanted risk
should have stopped after taking 14 pips

my spread/2,7/ looks gigantic on the 1 min tf

http://img694.imageshack.us/img694/7546/sma10.png
By radofx at 2011-06-20

thanks to divergence and all members
  • #4,691
  • Jun 20, 2011 1:59pm Jun 20, 2011 1:59pm
nice job vince and spec i just missed a setup this morning came to desk 5 minutes late
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 158 KB
Click to Enlarge Name: 2.jpg Size: 149 KB
  • #4,692
  • Jun 20, 2011 2:26pm Jun 20, 2011 2:26pm
GU provided back to back textbook set ups Just after NY open. I was distracted and missed the first one, but got the second one about 20 minutes later. Sorry charts not open now but will post later.

Thanks Div. You did say Hawaii Right?
  • #4,693
  • Jun 20, 2011 2:38pm Jun 20, 2011 2:38pm
Hi everyone --

I wanted to drop in an say hello and a big thank you for all of the contributors on this thread. Divergence, you have uncovered a real gem of a system here.

Patience and persistance seems like it will pay off... I've just started looking at the flags, it's flagtastic.

Thanks also to Diamondbbw and others who are contributing their observations and trading insights... you're a great inspiration.

Cheers
Ryan
  • #4,694
  • Jun 20, 2011 10:01pm Jun 20, 2011 10:01pm
Successfully traded the new setup last night. Plenty of entries within a relatively short period.

The only problem as I see it is that I am not able to digress anymore into endless permutations of systems with varying degrees of complexity to satisfy my desire for new toys and mental stimulation. Something simple that works - and due to the current setup even allowing for 2B fake-outs - it appears quite straight forward to get the success rate of the entry above 60%.

I am going to have to go and find another hobby it seems.

Thanks a lot Divergence - never ever thought I would/could make money on a 1min chart. lol
Enter Signature
  • #4,695
  • Jun 21, 2011 1:25am Jun 21, 2011 1:25am
Div, thanks for this system.. was in 11 minutes, great SUB and boom. 15 pips. Patience is a virtue... waiting for a good signal. My first trade of the day 4 minutes into the Frankfurt open.

http://img89.imageshack.us/img89/189/tue1.gif

Now just to make sure I dont overtrade.
  • #4,696
  • Jun 21, 2011 1:41am Jun 21, 2011 1:41am
For those able to trade European time, just an observation, but the German Dax throws up lots of trades regularly...

It gave three shorts early on yesterday and then a further three longs when the trend changed later on...

here's a screen print of the later trades... Looks like 15 point target nails it!


http://i464.photobucket.com/albums/r...ellitworks.png
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #4,697
  • Jun 21, 2011 2:11am Jun 21, 2011 2:11am
Quoting Divergence
nice job vince and spec i just missed a setup this morning came to desk 5 minutes late

i was in believe //as i asked u that in some post before// that
1st - SUB
2nd - doesn't trigger
3rd - the third bar is a second chance to get u in//if the 3rd doesnt triger u in, u wait for a pullback//

anyways

thx for sharing indeed
making money in JimB2468 trading room
  • #4,698
  • Jun 21, 2011 6:47am Jun 21, 2011 6:47am
With respect to the stop and what constitutes a valid entry, I was re-watching Div’s webinar for the answer but I’m not exactly certain hopefully some one could clear it up.

If you refer to the diagram below, does the stop have to be below the low of the SUB bar or the low of the previous bar or below the last swing low?

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 125 KB
  • #4,699
  • Jun 21, 2011 7:01am Jun 21, 2011 7:01am
Quoting kopaszn
Dear traders,

I recorded the webinar and optimzed in size and quality. Result is a 90Mb video file, shared here:
http://www.mediafire.com/?l5qb5aunrl5tjrx
thanks to Div for all the infos!
hi, thanks for sharing the recording. is there audio in this video ?
  • #4,700
  • Jun 21, 2011 7:22am Jun 21, 2011 7:22am
Quoting thefallguy
With respect to the stop and what constitutes a valid entry, I was re-watching Div’s webinar for the answer but I’m not exactly certain hopefully some one could clear it up.

If you refer to the diagram below, does the stop have to be below the low of the SUB bar or the low of the previous bar or below the last swing low?

Attachment
The stop must be below the last swing low. With a maximum distance of 15 pips (spread included), this prevents trades from being placed when SUBs occur on an ongoing trend too far from the last HL/LH.

That is my understanding.
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