Flag trading the trend

signal and target hit now. from around 84. well and truly

Now time to double lot size worst case sensrio b e for day or 120 tick day nice odds

I know you do the 18 range bar trades. Do you also still trade the 10 range bar trades and if so do you manage the 10 range the same as in your post #6144 - move sl to +1 after 7 ticks in profit and to +6 after 10 ticks in profit? Thanks!

This is answered here:
http://www.forexfactory.com/showthre...38#post8233538

There was a signal recently for the 10 range set up that went to TP.

After running some numbers and doing the math i risk less doing 18 tick s and r with risk 20 to make 40. As for 10 tick rules you got it right. I trade only 18 based on my findings even though 10 is very good win loss ratio

EDIT:

Had R13 chart.

Here is R18. 2 Basic setups, no S/R trades, but basic HA pullback trades


http://i.gyazo.com/ab8503cfcc0412d11cb91c2b69548028.png

<p>Remember not only do i trade the s and r but if its sloping and it doesnt come back to the s and r area and i get in this case 2 red dots i entet that setup which i did total ticks for today 120. 40 on first trade then i doubled lot size and got 40 more times 2 lots

Right!

That is a good reminder, while i though, you only wait the SR and it may never visit on some days. Today SR trade gave better trade than 2 red dot trade, but both were good.

I consider the first setup, what i marked as 2 red dot trade, while it had bull range bar in the middle. So eventhoug, we had 5 consecutive red dots, the setup was 2 dots. I hope the pic tells more than my words

Chart and words were perfect

thanks for keeping us updated, i see the 83 trade, where was the 2nd, my settings might be off, thats the only place i see 2 red dots

There will be less setups per month maybe 10 days worth but at least 5 double wins at 120 each so you see why i am trading the 18 tick line chart with the 2 entry strats more money is generated less risk 20 to make 40 be rigjt 50% make a lot of money

I am out driving can you post a chart of crude as well as brent

Tim post charts

ok just got home I found out the problem on my second trade for 40 somehow I had it on 10 tick bar chart and got the double dot up. I have now removed the 10 tick from my header and will give back the money to the broker for this error or maybe not. officially just the 1 win luckily 80 more ticks

left the house yday after my post, sorry i didnt get the chart posted. glad ur refunded the money you made by mistake

I decided to keep the money

the 60.15 seems like the spot to sell if indy is in place 65.78 on brent

Why the 60.15, instead of 60.05 ??

currently short on brent from 78 crude missed by 1 tick

heres chart with spot