Flag trading the trend | Page 314 | 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

  • #6,261
  • Apr 14, 2015 10:24am Apr 14, 2015 10:24am
Took that short. There was setup two bars earlier, but missed it and this was close enough.

http://i.gyazo.com/d148431021aea0b996b297044450fa45.png
  • #6,262
  • Apr 14, 2015 10:32am Apr 14, 2015 10:32am
And missed the second perfect short (two HA bars), when posting here
  • #6,263
  • Apr 14, 2015 11:16am Apr 14, 2015 11:16am
Quoting Divergence
are any of you familiar with a trading DOM its the easier way to put on a trade
I got sierra all set up now. And Im looking at this trading DOM... it seems you can input the stop, target PLUS move to BE characteristics. Im reading the manual... So, all you need to do is click the button when the setup occurs.

Seems like you can also set up a template...so that all your settings remain.
  • #6,264
  • Apr 14, 2015 11:22am Apr 14, 2015 11:22am
Pretty simple
  • #6,265
  • Apr 14, 2015 1:15pm Apr 14, 2015 1:15pm
Pretty easy short

http://i.gyazo.com/c71ef8f59054b0219adf3cc99d79e618.png
  • #6,266
  • Apr 14, 2015 5:40pm Apr 14, 2015 5:40pm
@jeg -- the entry is one tick above the high of the signal bar (longs) or the actual high of the signal bar (your preference, Divergence uses the latter). but unless Divergence overrules me, we are using 10-tick range bars, not 13 tick. 12 tick target, 10 tick stop.
  • #6,267
  • Apr 14, 2015 8:12pm Apr 14, 2015 8:12pm
Quoting California
@jeg -- the entry is one tick above the high of the signal bar (longs) or the actual high of the signal bar (your preference, Divergence uses the latter). but unless Divergence overrules me, we are using 10-tick range bars, not 13 tick. 12 tick target, 10 tick stop.
you are correct cali though stop is still 11 which means 1 tick above or below range bar. I do enter at the close price. I did a little experiment based on taking max 10 trades per day or until 1130 happens taking every signal just based solely on slope of indi here are Aprils charts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.png Size: 113 KB
Click to Enlarge Name: 2.png Size: 113 KB
Click to Enlarge Name: 3.png Size: 77 KB
Click to Enlarge Name: 4.png Size: 77 KB
Click to Enlarge Name: 5.png Size: 77 KB
  • #6,268
  • Apr 14, 2015 8:13pm Apr 14, 2015 8:13pm
heres last 4
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 6.png Size: 77 KB
Click to Enlarge Name: 7.png Size: 109 KB
Click to Enlarge Name: 8.png Size: 108 KB
Click to Enlarge Name: 9.png Size: 71 KB
  • #6,269
  • Edited 8:37pm Apr 14, 2015 8:18pm | Edited 8:37pm
62 1/2 wins 20 losses 76% something to think about. trading 1 contract 42 net wins times 120 = 5040 + the 1/2 win of 60 total 5100 not bad for 9 days
  • #6,270
  • Apr 15, 2015 7:31am Apr 15, 2015 7:31am
Quoting Divergence
62 1/2 wins 20 losses 76% something to think about. trading 1 contract 42 net wins times 120 = 5040 + the 1/2 win of 60 total 5100 not bad for 9 days
Very impressive!
  • #6,271
  • Apr 15, 2015 7:41am Apr 15, 2015 7:41am
this last signal would have net 6 I didn't take it volume low inv todau need market to wave or I wait till 1035
  • #6,272
  • Apr 15, 2015 8:04am Apr 15, 2015 8:04am
still waiting but that was a winning signal
  • #6,273
  • Apr 15, 2015 8:18am Apr 15, 2015 8:18am
Quoting Divergence
62 1/2 wins 20 losses 76% something to think about. trading 1 contract 42 net wins times 120 = 5040 + the 1/2 win of 60 total 5100 not bad for 9 days
Better than a poke in the eye with a sharp stick...
  • #6,274
  • Apr 15, 2015 8:18am Apr 15, 2015 8:18am
still waiting but if you took every signal so far 1.5 wins 1 loss
  • #6,275
  • Apr 15, 2015 8:28am Apr 15, 2015 8:28am
Oil inventories in an hour... going to take a snooze till then ...

I like your K.I.S.S. approach with this method, H.
  • #6,276
  • Apr 15, 2015 8:37am Apr 15, 2015 8:37am
this one I took nice downtrend there was a double move then a signal from 97
  • #6,277
  • Apr 15, 2015 8:40am Apr 15, 2015 8:40am
unless I get a really good setup at this present move I will wait till 1035
  • #6,278
  • Apr 15, 2015 8:54am Apr 15, 2015 8:54am
got out -2 getting into that time zone before inv
  • #6,279
  • Apr 15, 2015 9:21am Apr 15, 2015 9:21am
Quoting California
{quote} You can open a demo account using Sierra Chart at AMP Trading
Thanks for the hint. But I can't find the macd/heikin ashi indi in 'Studies Available', any clues?
Attached Image
  • #6,280
  • Apr 15, 2015 9:24am Apr 15, 2015 9:24am
look in custom indicators jdt macd/bb/ha its tight above the ok cancel button
4 traders viewing now