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Flag trading the trend

  • #4,981
  • Jul 28, 2011 2:43am Jul 28, 2011 2:43am
Quoting Daytrader_UA
Here are today pies stuffed with 123. go smoke a cigar

http://savepic.net/1740188m.gif

Happy Trading

Still using the 5min then? Have you considered the 15 min at all?
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #4,982
  • Jul 28, 2011 2:53am Jul 28, 2011 2:53am
Quoting The Cableguy
Still using the 5min then? Have you considered the 15 min at all?
To be honest, did not understand the issue.
----------------------------------------------
what is bad for 5 minutes. 15 minutes up July 27

Happy Trading
  • #4,983
  • Jul 28, 2011 8:26am Jul 28, 2011 8:26am
Nothing up at all! Just found the algo's to change quite a lot and discovered the 15min to work well, in particular the TP is normally 1:1 so taking the stop from the SUB to give the TP, it can lead to substantially more points...

Anyway, no worries, keep bagging those points!


How's Krym today anyhow?!
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #4,984
  • Jul 28, 2011 10:37am Jul 28, 2011 10:37am
1 trade today (short) 17/18 minutes after London open, broke even. Did I miss anything?
  • #4,985
  • Jul 31, 2011 5:13am Jul 31, 2011 5:13am
Quoting tritom
hey guys I really do apologize it's not out yet as promised but pls be patient, I still have some unresolved issues with it and I'm working on it. Testing some things (slippage control, RR re-adjustment etc) require the market to be moving so I'm waiting as well. If you want to speed up my progress, call the Tokyo boys to play some pretty vortex moves; that's all you can do ;-). I'll not post here until it's out and appeal to anyone interested to do the same regarding the ea. I will also PM all those who PM'd me or shown interest with a link...
Tritom,
are you still alive ?
quess we are not supposed to wait any longer for that EA...
  • #4,986
  • Aug 1, 2011 7:54am Aug 1, 2011 7:54am
My first trade with this system
Attached Image (click to enlarge)
Click to Enlarge Name: FLAG EURUSD M5.jpg Size: 323 KB
  • #4,987
  • Aug 1, 2011 10:07am Aug 1, 2011 10:07am
Quoting misk_o
My first trade with this system
I hope you just went for the 10pip profit, you might have just scraped in.http://www.forexfactory.com/images/icons/icon12.gif
I make it about 13pips less 2.2 = 10.8 on my M5 chart,
but the M1 chart had room for 23pips less 2.2 = 20.8
I didn't look for that trade at the time, because I was thinking down trend with the lower swing low



Attached Image (click to enlarge)
Click to Enlarge Name: m5.gif Size: 36 KB


Attached Image (click to enlarge)
Click to Enlarge Name: m1.gif Size: 40 KB
  • #4,988
  • Aug 3, 2011 1:30am Aug 3, 2011 1:30am
set up bar 19 minutes after Frankfurt open, 15 pips in 5 minutes
Attached Image
  • #4,989
  • Aug 3, 2011 2:50am Aug 3, 2011 2:50am
Quoting marian
set up bar 19 minutes after Frankfurt open, 15 pips in 5 minutes
hi marian,

as there's no pair and price info on your chart, it's hard to relate to.
please ensure these are visible on your posted charts in future.

thanks.
  • #4,990
  • Aug 3, 2011 3:52am Aug 3, 2011 3:52am
ok, sorry, I'm trading according to the recent rules of Divergence, only on EUR/USD M1, in this particular case I was looking for shorts, I had my demarcation line at 1.4223, entry was 1.41886, SL was 1.42036, TP was 1.41736
  • #4,991
  • Aug 3, 2011 2:22pm Aug 3, 2011 2:22pm
Quoting marian
ok, sorry, I'm trading according to the recent rules of Divergence, only on EUR/USD M1, in this particular case I was looking for shorts, I had my demarcation line at 1.4223, entry was 1.41886, SL was 1.42036, TP was 1.41736
Care to share your statistics (w/l ratio)?

Div sounds like a character from the sopranos in his webinars btw, love it
  • #4,992
  • Aug 4, 2011 2:01am Aug 4, 2011 2:01am
do not have time to properly set a profit on this was closed with a market.right 1:1 + 19 pips

http://savepic.net/1748562m.gif

Happy Trading
  • #4,993
  • Aug 4, 2011 7:26am Aug 4, 2011 7:26am
this is not a valid 123 setup...3 is lower than 1
  • #4,994
  • Aug 4, 2011 7:34am Aug 4, 2011 7:34am
Quoting speculant
this is not a valid 123 setup...3 is lower than 1
Well, Well. everything in life should be perfect
  • #4,995
  • Aug 4, 2011 8:36am Aug 4, 2011 8:36am
Quoting speculant
this is not a valid 123 setup...3 is lower than 1
Div uses 2B reversals similar to that one.
  • #4,996
  • Aug 4, 2011 4:06pm Aug 4, 2011 4:06pm
Quoting drloyd
Div uses 2B reversals similar to that one.
that's why it is called 2B setup or 'the spring' but not 123 setup
The '2B' reversals are among the most
panic-driven chart patterns and trading setups.... alot different than 123
  • #4,997
  • Edited 2:41am Aug 5, 2011 2:24am | Edited 2:41am
http://savepic.net/1816022m.gif
I do not like a counter trend, but after a lateral movement as a way out of the flat can be traded.
______________________________________________________________
Quoting speculant
that's why it is called 2B setup or 'the spring' but not 123 setup
Не будь занудой

Happy Trading
  • #4,998
  • Aug 5, 2011 5:46am Aug 5, 2011 5:46am
Quoting Divergence
here is yet 1 more reason to trade pullbacks even in a crappy trend like today
hey, this trade was a winner after you entred but then it went into negative. does this happen alot?

i know the new system is TP 15pips but how did you determine the TP in the old system?
  • #4,999
  • Aug 5, 2011 5:53am Aug 5, 2011 5:53am
Quoting madetrader
hey, this trade was a winner after you entred but then it went into negative. does this happen alot?

i know the new system is TP 15pips but how did you determine the TP in the old system?
madetrader,

read back in the thread: SL is determined by last swing high/low, TP is determined by next level or rather regarding the SL-distance (best using 1:1).

josch
trading is war - life is simple
  • #5,000
  • Aug 5, 2011 8:30am Aug 5, 2011 8:30am
http://savepic.net/1811719m.gif
pattern CCI 14,this power . good Friday.

Happy Trading
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