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Flag trading the trend

  • #8,661
  • Oct 5, 2015 8:10am Oct 5, 2015 8:10am
Quoting tbjohnton
not much trend for last 5 hrs, so i stayed out
days low was 73 price waved up 3 then down 2 50 ticks and the HAT
  • #8,662
  • Oct 5, 2015 8:11am Oct 5, 2015 8:11am
Great trade guys! Divergence, I went 2b long at 13, after 8.30 and got stopped out. Was that a correct trade?
Attached Image (click to enlarge)
Click to Enlarge Name: CL 11-15 (18 Range) 10_5_2015.jpg Size: 62 KB
  • #8,663
  • Oct 5, 2015 8:12am Oct 5, 2015 8:12am
hey guys, i just need a quick answer to a question and am new and i cant make a forum or anything. Can I add the 8 and 34 period exponential moving averages, based on the hourly chart but plotted on the 5-minute chart in the MT4 platform or is that a feature only available in Daily Fx's Trade station? Yes, how. please show. No, thank you, didnt mean to intrude on the thread.
  • #8,664
  • Oct 5, 2015 8:20am Oct 5, 2015 8:20am
Quoting zenline
Great trade guys! Divergence, I went 2b long at 13, after 8.30 and got stopped out. Was that a correct trade? {image}
that trade was a little early. But say it happen like that now that would be a loss followed by a win
  • #8,665
  • Oct 5, 2015 8:48am Oct 5, 2015 8:48am
So we should not take any trade unless it is past 830am?
  • #8,666
  • Oct 5, 2015 9:01am Oct 5, 2015 9:01am
Quoting jubael
So we should not take any trade unless it is past 830am?
correct market seems to pick up then
  • #8,667
  • Oct 5, 2015 9:05am Oct 5, 2015 9:05am
Great, looking to get back into bull trend now with 2b or 123
  • #8,668
  • Oct 5, 2015 9:09am Oct 5, 2015 9:09am
I took mine at 8:37, that's when it traded up point 2 of a 2b. Guess in the overall scheme, it does not really matter as the signals do not come often.
  • #8,669
  • Oct 5, 2015 9:14am Oct 5, 2015 9:14am
What happens is at 830 market starts to move 900 is pit session when you usually get nice movement
  • #8,670
  • Oct 5, 2015 9:15am Oct 5, 2015 9:15am
Divergence, do you concur that this is a HAT or the LS is not properly developed to qualify as one?
Attached Image (click to enlarge)
Click to Enlarge Name: CL 11-15 (18 Range) 10_5_2015b.jpg Size: 61 KB
  • #8,671
  • Oct 5, 2015 9:24am Oct 5, 2015 9:24am
No right shoulder to far a way
  • #8,672
  • Oct 5, 2015 11:21am Oct 5, 2015 11:21am
High probability signals that are not frequent help to rein in over trading.
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Click to Enlarge Name: CL 11-15 (18 Range) 10_5_2015c.jpg Size: 64 KB
  • #8,673
  • Oct 5, 2015 11:24am Oct 5, 2015 11:24am
Quoting zenline
High probability signals that are not frequent help to rein in over trading. {image}
yes not a great one but yes
  • #8,674
  • Oct 5, 2015 12:00pm Oct 5, 2015 12:00pm
Quoting Divergence
Crude oil futures sierra charts. Futures safer than fx also no spread and 4.00 comm pretty cheap to do business
I switched from spot forex to futures years ago - Trade S&P emini, Euro, and bonds. I am not sure why so many keep beating their head(s) against brick walls by continuing to trade in bucket shops. Good for you for starting a viable futures trading thread here at FF and keeping it going.
  • #8,675
  • Oct 5, 2015 12:19pm Oct 5, 2015 12:19pm
Quoting ddaytrader
{quote} I switched from spot forex to futures years ago - Trade S&P emini, Euro, and bonds. I am not sure why so many keep beating their head(s) against brick walls by continuing to trade in bucket shops. Good for you for starting a viable futures trading thread here at FF and keeping it going.
totally agree.safer,no spread low comm level playing field I switched last yr
  • #8,676
  • Oct 6, 2015 8:18am Oct 6, 2015 8:18am
65 long if this closes down
Become the casino
  • #8,677
  • Oct 6, 2015 8:25am Oct 6, 2015 8:25am
Maybe a hat
  • #8,678
  • Oct 6, 2015 8:36am Oct 6, 2015 8:36am
yes might set up ... needs to come down a bit
Become the casino
  • #8,679
  • Oct 6, 2015 8:37am Oct 6, 2015 8:37am
Hello Divergence and others,​
could not find the broker you are using, you said, the plattform is sierra charts? and which datafeed you are using, is there a demo version available, so I could set up the charts and getting used to it.

I like the way of your trading and want to move away from Forex

Many thanks and regards,
Forex Lion
  • #8,680
  • Oct 6, 2015 8:39am Oct 6, 2015 8:39am
Quoting Forex Lion
Hello Divergence and others,​ could not find the broker you are using, you said, the plattform is sierra charts? and which datafeed you are using, is there a demo version available, so I could set up the charts and getting used to it. I like the way of your trading and want to move away from Forex Many thanks and regards, Forex Lion
try amp futures
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