Flag trading the trend

Hi Divergence,

I am new to this thread. I read post 7071 on page 354 and last 10 pages. I got a few basic questions which I guess were answered already. Can you please point me to the answer post?

1. What platform are you using? and are there indis and templates like MT4 platform new beginner can use?
2. Is there a post to define 2b and 123 pattern more precisely?
3. Do you trade NY session (NY 8:00am - 12:00am)? This is the slot I can trade

Thanks,
-Henry

[quote=henryloving;8474902]Hi Divergence, I am new to this thread. I read post 7071 on page 354 and last 10 pages. I got a few basic questions which I guess were answered already. Can you please point me to the answer post? 1. What platform are you using? and are there indis and templates like MT4 platform new beginner can use? 2. Is there a post to define 2b and 123 pattern more precisely? 3. Do you trade NY session (NY 8:00am - 12:00am)? This is the slot I can trade
sierra charts we trade crude futures from 830 to 1130 ny time no indys needed. And just look at charts i posted and you will see 123 and 2b setups

I'm still testing things out on the DAX. There was a bit of movement this morning but nothing much to trade. I've got a few questions on the attached chart if that's ok. Plus one other:- do you use a tight algo type definition of the patterns or just eyeball them?

I hope I'm not a nuisance.

Zee

your not being a nuisance at all questions are good. I eyeball everything thats what you do with all patterns. After bar is formed of course. You have recognised all setups correctly kudos to you

Buongiorno, ragazzi...

A couple of 1 lot trades for +21 this morning... I see what you mean, H, about plenty of time to place orders with the R18.



I'm using H1 SR areas for targets (to try & extend trade) and tightening the stop right up at +15.

I looked at FDAX this morning, but the futures are just too jumpy for me...

let the games begin

67 long to get back into ttrend

be

yep +1 got up 12 crap

That first 90 seconds or so off the Pit Open is too f-f-faaaaaast for me...

(might have been short 50 for a nice win if I hadn't been posting )

think of it this way trades last 45 seconds as we get older our staying power shortens lol

think there was a 69 long loss off hat diificult to see on chart

I quite like what zhdeef did a few posts above : a very faint bar chart and a bolder SMA(1), which exactly matches our line chart : we can clearly see the swing highs and lows.

Edit : like so...

saw it didn't take it as I just finished a trade so wanted another bar but yes I quess your right backtest would have revealed that everyone send 15 ticks to your broker he would do it for you right?

50 long if nothiung changes

50 S and R trade would have workred nicely...

50 is the long spot for now

cancel that

Well, I'm strictly only adding a max of 90 mins of afternoon trading to my trading day and time's up.... only +1 from shortly before Pit Open, but as Arnie always says,

"I'll be back..."

JT hats off to your dicipline