Flag trading the trend

Bad start day with a big hat loss

Ended up with a +1 on 2b long from 20

what big hat

Just before the 2B to go short...The 8:51 bar...took it long at 20

right shoulder to small only 2 ticks

short 123 at 95 - win. Divergence, I just realised this is an uptrend, so no short?

Hat short from 89 win...back to even for the day...

if you were using the new entry parameters with 9 tick stop and 15 tick target using 2 lots first trade you lose 180 Second trade you make 300 so you would end up + 120

Hey, Big H - every time I go off travelling (London last week), the rules change...

I have been experimenting with negative offset to my Stop Limit entry orders all year with, you guessed it, up to -5 (ie. if short entry price gets hit at 45.80, then Limit order placed at 45.85). It's great when price blips back and fills in a second or two, then heads south to target, BUT for the most part I have been using only -1 or -2 as - 4 & -5 often don't fill and NEVER fill the best trades that never look back, but ALWAYS fill the losers...

... but trade execution is an art as well as a science, right ?

Btw, my singular motive in using negative offset is to improve the RR : I want to get to 2:1, ie. 18 tick target with a 9 tick risk.

Hey, what am I doing - it's 10.30pm on a Saturday evening !? 'Must have missed you ...

on hats and good spaced setups once pt 2 triggered I go back 4 tighter areas 5. 15 and risk 9 is 1.66 to 1 which works nice. 1 win and a loss still nets you +12 with 2 lots. So risk money wise increased by 30 and reward increased by 150. Reason for the new entry (method still the same entry area just changed) I got tired of getting up +11 and then ending up +1 now they are winning trades. Setups are still great just to much rotation around entry area this adjustment addresses that</p>

might get hat

Nickel and dime movement

yep nothing for me so far

now an up trend

up trend top of the day let's see what happens

2b long win with a new high

good trade well done

13r hat short--+1

yep same here shame

Rats got up 13 off 2b long moved target to get 13 as it pulled back but went straight to +1