Flag trading the trend | Page 245 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Are you a trend trader or a counter-trend trader? 29 replies

Divergence Flag / Trend Continuation setup 0 replies

1 Min THV Flag Trading 933 replies

Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies

3 CCIs 'Flag' Trading 55 replies

Attachments: Flag trading the trend
Exit Attachments

Flag trading the trend

  • #4,881
  • Jul 15, 2011 2:23pm Jul 15, 2011 2:23pm
Quoting doman
Whats wrong?
++++++++++++++++++++++++++++++++
Hi Dom. My platform is closed now, but I think I recall the precise problem with this trade. I believe the SUB was more than 2.4 pips above the 10 sma.

I will be reviewing the London & NY session for Today, Friday, July 15th. Will post vimeo link to review over the weekend here.

Today's price action and Flag set ups cover most of the details required to trade this method successfully. As I recall there were no "Proper" flag set ups for the London session, and 2 good set ups for the NY session, both near the end of the 3 hour window, which begins at the NY open time of 8:30 am. Since I always screw up gmt time, maybe someone could post what time gmt is equivilant to NY time.
Thanks,
Darryl
  • #4,882
  • Edited 4:02pm Jul 15, 2011 3:53pm | Edited 4:02pm
NY time 8:30 AM EDT = 12:30 GMT (in summer NY time is GMT-4, in winter GMT-5), until 11:30 EDT = GMT 15:30. Three hr window 12:30 until 15:30 GMT.
Stated another way if you know NY time add 4 (or 5)to find GMT, if you know GMT subtract 4 (or 5) to find NY time.
  • #4,883
  • Jul 15, 2011 6:06pm Jul 15, 2011 6:06pm
hi all sorry for not posting been sick most of the week dealing with cellulitis, I will resume trading monday with posts. It seems some of you are still struggling with the setup here is link to videohttp://www.anymeeting.com/tradingthetrend/E157D88285 also hewre is a recap of this week setups i wish i wasnt in hospital
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 175 KB
Click to Enlarge Name: 2.jpg Size: 167 KB
Click to Enlarge Name: 3.jpg Size: 175 KB
Click to Enlarge Name: 4.jpg Size: 163 KB
Click to Enlarge Name: 5.jpg Size: 170 KB
Click to Enlarge Name: 6.jpg Size: 166 KB
  • #4,884
  • Jul 15, 2011 9:33pm Jul 15, 2011 9:33pm
Quoting Divergence
hi all sorry for not posting been sick most of the week dealing with cellulitis, I will resume trading monday with posts. It seems some of you are still struggling with the setup here is link to videohttp://www.anymeeting.com/tradingthetrend/E157D88285 also hewre is a recap of this week setups i wish i wasnt in hospital
++++++++++++++++++++++++++++++++
Hi Div. Very sorry to hear about your problem. I wish you a speedy recovery.

Thanks for the charts and explanations. Always good to see what's going on in your brain.

I noticed you had no 15m chart for July 15th. I have some observations regarding that day. First I was using a slightly different s/r area for determining change of direction for today, Friday. The area @ 1.4135 -25 was what I was looking at because of previous s/r going back on the 15m chart. Because of that and the way price was chopping through that area, I saw the trend as being long until I saw more convincing evidence of change in direction.

Now, after further study of the 15m chart, I'm not certain. Overall the trend looks down now, but with my s/r drawn at 1.4130 ish, I really don't see a definite change yet. Many of the moves today were news related. The swing points don't all go in one direction. I kept my bias long and showed 2 winners at the very end of the US session today. I will be posting a review on vimeo. I'll send you a link and I would appreciate your feedback when you are up to it.

Meanwhile, get out the hospital, even if you have to bribe the doctors.
Darryl
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 109.jpg Size: 79 KB
  • #4,885
  • Jul 16, 2011 5:44am Jul 16, 2011 5:44am
hey daryl on 15 minute trend was down last hl was taken out and it began making ll and lb but with news from 830 to 10 we needed to wait and it was just not a trending day
  • #4,886
  • Jul 16, 2011 8:31am Jul 16, 2011 8:31am
Quoting Divergence
hey daryl on 15 minute trend was down last hl was taken out and it began making ll and lb but with news from 830 to 10 we needed to wait and it was just not a trending day
++++++++++++++++++++++++++++++++
Thanks Div. Some days are much easier than others to figure out.
  • #4,887
  • Jul 17, 2011 10:21am Jul 17, 2011 10:21am
Quoting Divergence
hey daryl on 15 minute trend was down last hl was taken out and it began making ll and lb but with news from 830 to 10 we needed to wait and it was just not a trending day
heres chart
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 146 KB
  • #4,888
  • Jul 17, 2011 11:20am Jul 17, 2011 11:20am
Divergence,

Wanted to send you a private message but I have not been able to send it.
I would like to know how would it be possible for me to contact you.

Thanks,
K.Kashni
  • #4,889
  • Jul 17, 2011 2:29pm Jul 17, 2011 2:29pm
Quoting kkashni
Divergence,

Wanted to send you a private message but I have not been able to send it.
I would like to know how would it be possible for me to contact you.

Thanks,
K.Kashni
++++++++++++++++++++++++++++++++

When you don't have many posts, Forex Factory limits some of you abilities, one of them being PM's. Not sure how many you need to qualify as a responsible poster, but with only 8 posts, you're probably not there yet.

Keep posting until you are deemed worthy...
  • #4,890
  • Edited 2:42pm Jul 17, 2011 2:38pm | Edited 2:42pm
I have just posted new videos. http://vimeo.com/diamonddbw/videos

• If you do not yet have a free vimeo account, go to www.vimeo.com and get one. Then PM me your vimeo sign up email and I will add you to the contact list for viewing all videos.

One video is up now, two more will be up within the next 2-3 hours.

The first one shows how I deal with quickly determining the numbers on potential set ups. This is by using the "Data Window" in MT4. This may not be news for many of you, but if you are not currently using this feature, it may help.

The 2nd & 3rd videos, cover last Friday's FF/London, & NY sessions. I try to explain the good, bad & the ugly of sets ups and potential set ups.

As always, I'm doing my best to get things right. If you see something in any of these videos that is in error, please let me know and I will open the question up, for discussion.
Darryl
  • #4,891
  • Jul 17, 2011 6:11pm Jul 17, 2011 6:11pm
Quoting kkashni
Divergence,

Wanted to send you a private message but I have not been able to send it.
I would like to know how would it be possible for me to contact you.

Thanks,
K.Kashni
i sent you an email i hope you get it
  • #4,892
  • Jul 18, 2011 12:57am Jul 18, 2011 12:57am
Quoting diamonddbw
I have just posted new videos. http://vimeo.com/diamonddbw/videos

• If you do not yet have a free vimeo account, go to www.vimeo.com and get one. Then PM me your vimeo sign up email and I will add you to the contact list for viewing all videos.

One video is up now, two more will be up within the next 2-3 hours.

The first one shows how I deal with quickly determining the numbers on potential set ups. This is by using the "Data Window" in MT4. This may not be news for many of you, but if you...
hi daryyl,

I went to http://vimeo.com/diamonddbw/videos

the page displayed the count of videos uploaded by you as 0 thus:

"Darryl Warren's videos
0 Uploaded"

pl resolve.

thanks.
  • #4,893
  • Jul 18, 2011 2:25am Jul 18, 2011 2:25am
Thanks. I would keep posting but whether I am worthy to be in here or not is better left to your judgement.
As regards vimeo account, I have signed with and my email id is [email protected]. I would appreciate if you could add me to your list so that I can view the videos.



Quoting diamonddbw
I have just posted new videos. http://vimeo.com/diamonddbw/videos

• If you do not yet have a free vimeo account, go to www.vimeo.com and get one. Then PM me your vimeo sign up email and I will add you to the contact list for viewing all videos.

One video is up now, two more will be up within the next 2-3 hours.

The first one shows how I deal with quickly determining the numbers on potential set ups. This is by using the "Data Window" in MT4. This may not be news for many of you, but if you are...
  • #4,894
  • Jul 18, 2011 2:26am Jul 18, 2011 2:26am
Divergence,

I recd your mail and I have replied to that.

Thanks


Quoting Divergence
i sent you an email i hope you get it
  • #4,895
  • Jul 18, 2011 2:30am Jul 18, 2011 2:30am
Hi Divergence, are you still trading this method between 8:30am and 11:30am Eastern Time ?

Thanks
Dan
  • #4,896
  • Jul 18, 2011 6:40am Jul 18, 2011 6:40am
Quoting kkashni
Thanks. I would keep posting but whether I am worthy to be in here or not is better left to your judgement.
As regards vimeo account, I have signed with and my email id is [email protected]. I would appreciate if you could add me to your list so that I can view the videos.
++++++++++++++
LOL.. Yes, grasshopper. But it is not up to me. Worthy is an inside job!

You have been added to the contact list. Enjoy! http://www.vimeo.com/diamonddbw/videos
Darryl
  • #4,897
  • Jul 18, 2011 6:52am Jul 18, 2011 6:52am
Sorry fellas, couldn't resist!!!

Attached Image
  • #4,898
  • Edited 7:37am Jul 18, 2011 7:18am | Edited 7:37am
trend is down until 4180 area taken out and yes 830 est till 1130 est
  • #4,899
  • Jul 18, 2011 7:36am Jul 18, 2011 7:36am
Quoting Divergence
trend is down until 4080 area taken out and yes 830 est till 1130 est
Thanks for the reply. Also, just wondering why you choose the 4080 area as the last swing/lower high and not the later swing high swing at 4070 ?

Dan
  • #4,900
  • Jul 18, 2011 7:37am Jul 18, 2011 7:37am
a typo its 4180 area
1 trader viewing now