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Flag trading the trend

  • #9,481
  • Jan 12, 2016 9:04am Jan 12, 2016 9:04am
Crude hat no momentum waited for pb to 65 connected momentum confirmed
  • #9,482
  • Jan 12, 2016 9:05am Jan 12, 2016 9:05am
In my mind, last week was practice as I was getting used to this broker's trading platform, putting together my trading plan, trading while also finishing some back tests on the ES, etc.

My $2K to $200K Quest is now officially (in my mind ) opening grandly, i.e. The Grand Opening
  • #9,483
  • Jan 12, 2016 9:11am Jan 12, 2016 9:11am
Quoting ddaytrader
+4 points ES today. I did not adjust size to 2 yet. I will wait until I have enough excess margin to stand two losses without having to reduce size. This was an opening range bull break after price had a bear break of the pre-mkt range (lower range premkt @30.50 and was globex bull breakout point) and market tested that 28.50/29 pivot point (pivotal in that it had been support turned resistance now turned support). Don't be fooled by the indicators - I will mention them only if I use them as the basis for a set up. {image}
nice trade DD the crude hit 30 tick target slowly making money
  • #9,484
  • Jan 12, 2016 9:15am Jan 12, 2016 9:15am
Quoting Divergence
{quote} nice trade DD the crude hit 30 tick target slowly making money
Hitting CL for 30 ticks is hardly what I would call slowly!

Nice trading D
  • #9,485
  • Jan 12, 2016 9:20am Jan 12, 2016 9:20am
What I meant DD had a few trades that got me up 10 then came back to be +1 the go in my direction finally bagged a few and just shorted ym off 2b pb from 411 for 25 got again to within 1 tick of target now we are cooking
  • #9,486
  • Jan 12, 2016 9:21am Jan 12, 2016 9:21am
Hello
New to this thread.
How can i have a 18 ticks range bar chart with MT4?
Thank you
S
  • #9,487
  • Jan 12, 2016 9:26am Jan 12, 2016 9:26am
Quoting sbenichou1
Hello New to this thread. How can i have a 18 ticks range bar chart with MT4? Thank you S
don't know we are using Sierra and ninja chatts
  • #9,488
  • Jan 12, 2016 9:40am Jan 12, 2016 9:40am
01 long crude loss
  • #9,489
  • Jan 12, 2016 9:44am Jan 12, 2016 9:44am
Quoting sbenichou1
Hello New to this thread. How can i have a 18 ticks range bar chart with MT4? Thank you S
Type "free range bar indicator" in the main Search box on the top right & all will be revealed.
  • #9,490
  • Jan 12, 2016 9:47am Jan 12, 2016 9:47am
YM 2b at 73 out off box momentum already confirmed got up 22 locked in 15 and it got hit
  • #9,491
  • Jan 12, 2016 9:52am Jan 12, 2016 9:52am
cl going to have a go at 30.46 by the looks
Become the casino
  • #9,492
  • Jan 12, 2016 10:01am Jan 12, 2016 10:01am
Quoting jtrade
{quote} Type "free range bar indicator" in the main Search box on the top right & all will be revealed.
ok thank you
  • #9,493
  • Jan 12, 2016 10:06am Jan 12, 2016 10:06am
Quoting ddaytrader
I did not adjust size to 2 yet. I will wait until I have enough excess margin to stand two losses without having to reduce size.
Wise move : "Marathon, not a sprint..."

Great trade, dd : I don't have that entry in my "armoury"...
  • #9,494
  • Jan 12, 2016 10:15am Jan 12, 2016 10:15am
Crude approaching days low heads up
  • #9,495
  • Jan 12, 2016 10:28am Jan 12, 2016 10:28am
2 closes below low of day pb to 45 +15 locked in
  • #9,496
  • Jan 12, 2016 10:28am Jan 12, 2016 10:28am
Quoting Divergence
Crude approaching days low heads up
yep took a +15
Become the casino
  • #9,497
  • Jan 12, 2016 10:29am Jan 12, 2016 10:29am
+15 on crude and that a wrap
  • #9,498
  • Jan 12, 2016 10:29am Jan 12, 2016 10:29am
good work everybody .. i can only handle one instrument so will focus exclusively on cl going forward
Become the casino
  • #9,499
  • Edited 5:28pm Jan 12, 2016 10:36am | Edited 5:28pm
ok the recap trading crude with 2 contracts 4 trades 3 wins of 30 ticks 30 ticks and 15 ticks a 1 loss of 15 ticks net is 60 ticks or 1200 dollars. ym 3 winning trades with 2 contracts 25 and 25 and 15 for a net of 65 ticks or 650 dollars total 1850. it appears to me that 1500 to 2000 seems to be the daily profit which means making a lot via risking a small amount. so risk on crude is 300 and ym is 150 to make 1500 to 2000 a day when market is moving is a very small risk and the risk is the only 100% thing we know before we put on a trade everything else is just a probability
  • #9,500
  • Jan 12, 2016 10:56am Jan 12, 2016 10:56am
here are trades for today I didn't do losing trade which there was 1 we know what they look like
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