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Flag trading the trend

  • #5,941
  • Apr 1, 2015 10:19am Apr 1, 2015 10:19am
Quoting Divergence
short 91
yep i sold at 91 for loss
Become the casino
  • #5,942
  • Apr 1, 2015 10:25am Apr 1, 2015 10:25am
indicator going down price going up hmmm
  • #5,943
  • Apr 1, 2015 10:30am Apr 1, 2015 10:30am
Quoting erasmus66
{quote} yep i sold at 91 for loss
with price advanceing after it triggered and then popped back I was looking for the exit door
  • #5,944
  • Apr 1, 2015 10:35am Apr 1, 2015 10:35am
ok if you would have taken every signal from 91 you would have a loss a +1 a +1 and now a win
  • #5,945
  • Apr 1, 2015 10:36am Apr 1, 2015 10:36am
never saw price trickle up as indy tricked down like this
  • #5,946
  • Apr 1, 2015 10:47am Apr 1, 2015 10:47am
No takers of 34 Long ?

Attached Image (click to enlarge)
Click to Enlarge Name: 34 long.PNG Size: 31 KB
  • #5,947
  • Apr 1, 2015 10:51am Apr 1, 2015 10:51am
maybe setting up
  • #5,948
  • Apr 1, 2015 10:52am Apr 1, 2015 10:52am
Quoting jtrade
No takers of 34 Long ? {image}
yes price went 19 I locked in 15
  • #5,949
  • Apr 1, 2015 10:55am Apr 1, 2015 10:55am
Quoting Divergence
{quote}yes price went 19 I locked in 15
Another way of looking at it would be to say price went +60 to first close below MA at 48.94...
  • #5,950
  • Apr 1, 2015 11:07am Apr 1, 2015 11:07am
if it were an afternoon runner yes I would have moved stop to +1 and would have scored. I try and get my money during usa session and attempt 1 more before 230pm when pit closes
  • #5,951
  • Apr 1, 2015 11:10am Apr 1, 2015 11:10am
I'll be back for the last hour from 13.30 your time (7.30pm here)...
  • #5,952
  • Apr 1, 2015 11:12am Apr 1, 2015 11:12am
44 short
  • #5,953
  • Apr 1, 2015 11:39am Apr 1, 2015 11:39am
Seems all your indicators are basically one speed 11,16 and wma 10. So at best your only looking back 16 bars to detect your trend.
  • #5,954
  • Apr 1, 2015 11:45am Apr 1, 2015 11:45am
macd 10 21 16 wma 10 remember these are 13 tick range bars and dots are ha on there close
  • #5,955
  • Apr 1, 2015 12:00pm Apr 1, 2015 12:00pm
How did you short 44 turn out. I'm just saying that your ma and your indicator are telling you the same thing all the time. A second indicator should help filter by being different than the other indicator. Maybe try slowing the MA down some and let it help define the trends and if you miss a trade or two it shouldn't be the end of the world, especially if you miss a couple of losers too.
  • #5,956
  • Apr 1, 2015 12:30pm Apr 1, 2015 12:30pm
Big oil rig started burning in the gulf, A Mexican oil rig
  • #5,957
  • Apr 1, 2015 12:58pm Apr 1, 2015 12:58pm
+20

Had target of 70... hit 71 but didn't fill my 70 (might do now), another 1 trade day with this method :

"You don't have to make a lot, to make a lot..."

Goodnight ...

Attached Image (click to enlarge)
Click to Enlarge Name: +20.PNG Size: 31 KB


Edit... yep, there's my 70 for +33, ah, well, that's trading...
  • #5,958
  • Apr 1, 2015 1:18pm Apr 1, 2015 1:18pm
Quoting Sossos
How did you short 44 turn out. I'm just saying that your ma and your indicator are telling you the same thing all the time. A second indicator should help filter by being different than the other indicator. Maybe try slowing the MA down some and let it help define the trends and if you miss a trade or two it shouldn't be the end of the world, especially if you miss a couple of losers too.
ithe wma is not part of entry its there for the runner trades sort of a trailing stop manuver. Should not have taken that 44 short there was divergence long so bailed -10
  • #5,959
  • Apr 1, 2015 1:25pm Apr 1, 2015 1:25pm
Got 33 on that 03 short
  • #5,960
  • Apr 1, 2015 2:43pm Apr 1, 2015 2:43pm
out at last low again?
Become the casino
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