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Flag trading the trend

  • #6,461
  • May 5, 2015 8:45am May 5, 2015 8:45am
And of course, if using slower rangebars, less setups. Had one so-so setup, skipped that and after that, nothing yet.
  • #6,462
  • May 5, 2015 8:46am May 5, 2015 8:46am
+12 this was a trade from line chart indy stopped sloping so had to manage profit
  • #6,463
  • May 5, 2015 8:53am May 5, 2015 8:53am
heres chart of both trades
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2.png Size: 120 KB
Click to Enlarge Name: 3.png Size: 137 KB
  • #6,464
  • May 6, 2015 7:33am May 6, 2015 7:33am
long 73
  • #6,465
  • May 6, 2015 7:37am May 6, 2015 7:37am
theres 1 need 1 more before 930 I will not trade after that on Wednesdays anymore
  • #6,466
  • May 6, 2015 7:58am May 6, 2015 7:58am
99 long, but sure moving slow..
  • #6,467
  • May 6, 2015 7:59am May 6, 2015 7:59am
BE +1..
  • #6,468
  • May 6, 2015 8:05am May 6, 2015 8:05am
loss from 94 I hate wednesdays
  • #6,469
  • May 6, 2015 8:12am May 6, 2015 8:12am
win from 95 short double move reentry indy still sloping
  • #6,470
  • May 6, 2015 8:17am May 6, 2015 8:17am
Nice recovery..
  • #6,471
  • May 6, 2015 8:20am May 6, 2015 8:20am
I'm using Sierra, but can't get my slope to match yours, mine was flat there..
  • #6,472
  • May 6, 2015 8:20am May 6, 2015 8:20am
hey degil I hate Wednesdays its like non farms every week
  • #6,473
  • May 6, 2015 8:23am May 6, 2015 8:23am
Quoting degil
I'm using Sierra, but can't get my slope to match yours, mine was flat there..
show me a picture maybe I can help you adjust heres a shot of mine I am using exponential setting
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 118 KB
  • #6,474
  • May 6, 2015 8:31am May 6, 2015 8:31am
That helped, I was still using Wilders....Thanks
  • #6,475
  • May 6, 2015 8:35am May 6, 2015 8:35am
Quoting degil
That helped, I was still using Wilders....Thanks
on the 18 tick line chart i use wilders with wilders slow macd line
  • #6,476
  • May 6, 2015 11:38am May 6, 2015 11:38am
Quoting jtrade
Looks pretty darned clear on the R13, especially since I messed around with the paintbars... {image} Edit : years ago, when I daytraded index futures every day, I used to draw horizontal SR lines throughout the day. I am going to start dong it again (I used to move them as the day progressed & SR shifted, rather than cover the chart with masses of lines). Edit2 : coming back for last hr; chickens to feed, then going to the range to hit some balls...
jtrade, can you post a screenshot of price action for today? I really like your charts! Thanks in advance!

-S
  • #6,477
  • May 6, 2015 3:33pm May 6, 2015 3:33pm
Quoting cimsally
{quote} jtrade, can you post a screenshot of price action for today? I really like your charts! Thanks in advance! -S
So sorry, cimsally - I'm having a really weird data problem with NinjaTrader this evening & am reinstalling the platform... no data, no charts....

"In other news...." I have concluded that FDAX is too hot to handle - at least for me - wonderful wide swings when looking back over a chart, but live it's very fast & very jumpy, with frequent spread widening. FGBL (the German Bund) on the hand is a definite contender for the European morning, albeit with very different characteristics to CL.

What is crystal clear is to only take really well-formed entries at liquid times of the day, whatever the instrument.

Fabulous Champions League semi-final 1st leg Barcelona vs Bayern Munich right now... 0 : 0 with just 13 mins to go, then Messi strikes twice in 3 mins for 2 : 0. The two best teams in the world imho...
  • #6,478
  • May 6, 2015 3:42pm May 6, 2015 3:42pm
Quoting jtrade
{quote} So sorry, cimsally - I'm having a really weird data problem with NinjaTrader this evening & am reinstalling the platform... no data, no charts.... "In other news...." I have concluded that FDAX is too hot to handle - at least for me - wonderful wide swings when looking back over a chart, but live it's very fast & very jumpy, with frequent spread widening. FGBL (the German Bund) on the hand is a definite contender for the European morning, albeit with very different characteristics to CL. What is crystal clear is to only take really well-formed...
Thank you.
  • #6,479
  • Edited 8:00am May 7, 2015 7:49am | Edited 8:00am
win number 1 short 87
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 122 KB
  • #6,480
  • May 7, 2015 7:53am May 7, 2015 7:53am
Missed that one...Expensive cup op coffee...Higher than Starbucks
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