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Flag trading the trend

  • #6,941
  • Jun 29, 2015 9:16am Jun 29, 2015 9:16am
Attached Image (click to enlarge)
Click to Enlarge Name: Cl29Jun2015.png Size: 55 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Zb29Jun2015.png Size: 55 KB
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  • #6,942
  • Jun 29, 2015 9:17am Jun 29, 2015 9:17am
zb just made +6 from 123 reversal
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  • #6,943
  • Jun 29, 2015 9:28am Jun 29, 2015 9:28am
Looks like a few trend continuation trades. What i do is have another macd witg exponential underneath the other so if signal for that happens i take it.
  • #6,944
  • Jun 29, 2015 9:37am Jun 29, 2015 9:37am
monster day for zb ... i picked these out for two +12's and a +6:

Attached Image (click to enlarge)
Click to Enlarge Name: zb29jun15a.png Size: 57 KB
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  • #6,945
  • Jun 29, 2015 9:38am Jun 29, 2015 9:38am
Yes that is what i saw
  • #6,946
  • Jun 29, 2015 10:07am Jun 29, 2015 10:07am
finished with indy winning trade:

Attached Image (click to enlarge)
Click to Enlarge Name: zb29jun15b.png Size: 56 KB
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  • #6,947
  • Jun 29, 2015 10:45am Jun 29, 2015 10:45am
Zb rocked today wish i traded it would have made a ton today
  • #6,948
  • Jun 29, 2015 1:53pm Jun 29, 2015 1:53pm
Quoting ophelimity
Well at 10 dollars a tick 372 equates to 3720 for the month! That's not so shabby. Cheers. Enjoy the time with your dad...
hey ophelimity hope you got my private message i sent you and it helped
  • #6,949
  • Jun 30, 2015 6:35am Jun 30, 2015 6:35am
trend continuation tades like this are deadly ... seem to happen after big move up/down. Haven't found a way of ruling them out yet:

Attached Image (click to enlarge)
Click to Enlarge Name: Crude10feb15.png Size: 48 KB
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  • #6,950
  • Jun 30, 2015 7:29am Jun 30, 2015 7:29am
Simple way erasmus is to see where it occurs in conjuction with macd if it is near where it crossed take it if its way down let it go
  • #6,951
  • Jun 30, 2015 8:06am Jun 30, 2015 8:06am
that makes sense cheers Harold
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  • #6,952
  • Jun 30, 2015 8:06am Jun 30, 2015 8:06am
b/e + 1 for zb so far:

Attached Image (click to enlarge)
Click to Enlarge Name: Zb30Jun15.png Size: 66 KB
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  • #6,953
  • Jun 30, 2015 8:26am Jun 30, 2015 8:26am
bought cl at 85
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  • #6,954
  • Jun 30, 2015 8:37am Jun 30, 2015 8:37am
Quoting erasmus66
bought cl at 85
be+1
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  • #6,955
  • Jun 30, 2015 11:40am Jun 30, 2015 11:40am
I did Divergence will be in touch. Thank you very much. Enjoy the time with your dad it goes so quickly....
  • #6,956
  • Jun 30, 2015 12:15pm Jun 30, 2015 12:15pm
The yellow line in Erasmus chart in the sub study window is that jd macd study slow line overlayed onto the indi using wilders moving average in sierra with jd input settings? Are we using wilders moving average for our inputs?

For Cl are we using the 13 and 18 tick standard range bars with just closing line or are we also using range bars for comparison as well. So if we are viewing CL 13 line chart are we looking at CL13 range bar too? Same for 18 tick Cl.
  • #6,957
  • Jun 30, 2015 1:12pm Jun 30, 2015 1:12pm
Quoting ophelimity
The yellow line in Erasmus chart in the sub study window is that jd macd study slow line overlayed onto the indi using wilders moving average in sierra with jd input settings? Are we using wilders moving average for our inputs? For Cl are we using the 13 and 18 tick standard range bars with just closing line or are we also using range bars for comparison as well. So if we are viewing CL 13 line chart are we looking at CL13 range bar too? Same for 18 tick Cl.
the yellow line is the macd slow line applied to the jdt indy. on crude I only use 18 tick range bars on zb 4 tick range bars. just got home and yesterday zb gave the trades today crude did heres a chart for todays crude trades
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2.png Size: 116 KB
  • #6,958
  • Jun 30, 2015 1:45pm Jun 30, 2015 1:45pm
Thanks for posting your screen shots. It really helps along with the explanation. Certainly like the simplicity of the two charts good money management rules and NOT having 8 or more charts across the bottom in the workbook thinking you need every time frame to make a decision. I despise that and want no more of it...
  • #6,959
  • Jun 30, 2015 1:51pm Jun 30, 2015 1:51pm
Quoting ophelimity
Thanks for posting your screen shots. It really helps along with the explanation. Certainly like the simplicity of the two charts good money management rules and NOT having 8 or more charts across the bottom in the workbook thinking you need every time frame to make a decision. I despise that and want no more of it...
I agree trading is hard enough and to have over info causes paralysis. 2 markets 3 setups trade management which is the most important part of the process because that's where the money is won and lost. my thought process is this the faster I reduce risk the better chance I don't lose money
  • #6,960
  • Jun 30, 2015 3:11pm Jun 30, 2015 3:11pm
Attached Image (click to enlarge)
Click to Enlarge Name: Cl30jun15.png Size: 60 KB
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