Flag trading the trend

EURUSD looks to be a sell soon.

waiting for the break of the pullback and CCI to cross below -50

Apparently you meant to post on the abcd thread right?

Nope, The above is using your analysis technique from post 1.

The pullback is not finished on the 5m chart

No problem though i use a different entry at this point which imop is better but the one your trading works also

jtrade - any chance you can post the Heiken Ashi Separate Window indi please. I have it in histogram form but not in candle form. Thanks.

was waiting for the pb to 18 which never came ... what a shame:

Erasmus once price took out low of day that was my choice area. but I see the area you saw and if you got 2 possible area like in this case 18 and 06 just add and divide by 2 in this case its 12 and you would have got filled

that makes sense cheers

30 looks like the spot

yep

quick loss

bought at 96

here was the action for today. trade 1 price went down and sold 30 on pullback trade which lost. trade 2 was the 2 dots entry at 72 it went up 33 locked in 25/ trade 3 was another 2 dot trade at 84 it went up 35 locked in another 25. so 3 trades - 20 + 25 +25 total +30. now for trade 4 with double lot size and instead of having 20 tick stop since up 30 tick I use a 15 tick stop so if I lose I end up flat on day. the area was 96 which was the 2b spot to get back into trend up that went to full win. total for day 110 ticks

i had a different take on trade 4:

Erasmus you forgot the candle to left that would make 2 closes above first closed at 01 then 16 then pullback it is easier when you look at line chart

remember its 2 closing prices not whole candle

heres the chart erasmus

2 closes above 2b point yes i understand much appreciated

know you see it so that went up to the full win. there would not have been a trade after that as price made the new high and pulled back into the range so no place to buy from till it takes out high or macd crosses to downside and we look for shorts on the pullback

now macd still up we have a 2b to get back to upside at 91 just so you can see what I mean about pt 2 of a 2b (broken 123 pattern)