Flag trading the trend

2b short from 24 +15 no pb

16 long +10

2b short from 89 +15 and pb to 90 put me in hole 10 then down for +30

not here, had a potential entry at 86 but macd wasnt convincing so stayed away--it was during ur pb, so would have seen -14 before it went to +15

2b short from 54 loss then 2b from 51 +15 then pb for +30

its seems everyday is a new set of challenges. we must not just look at macd only but see what price action is doing we began with sideways action once market moved then we can begin to look for setups will post charts in 5 minutes ​

Been slow afternoon, with nothing much to report. traded the EurJpy short, but banked early as it was taking too long and i was up more than i risked;

Incidentally (above target!) ^^^

Missed this one earlier;




I have been trying to add these C&H trades to my plan. I now realise the only way i am comfortable taking the trade here, is again, if a 123 forms from the resistance line, otherwise, too many times it can sail on through without being a set-up at all.

Not sure how i missed this one though, cos i was watching that very chart at the time. I guess i must have been half asleep!

It can be a nice addition for entering into a relatively strong trend when it is not creating the HD that i so crave!

computer locked up and then charts locked up had to delete platform and reload a new one will show charts in next 5 minutes

finally got the charts up heres todays trades didn't show the plus 1s which were 2 of them. so had 3 +15 tick wins 2 +30 tick wins and 1 +20 tick win and 1 -15 tick loss total today 112. this week 75,60,119,112 = 366 ticks no to shabby

thanks for this Harold. On your 3rd chart my macd was crossed to the upside so didn't take those shorts:

otherwise a similar day:

we are pretty close then. where I had vertical line on 999 chart you can see time at bottom where it closed below​

seems that 1st signal after macd crosses is very reliable

are my macd settings correct:

Everything is same except value viewed I have it as 1 but that's not a big deal

Yes.

How did you make out today DD

I hope everyone had a great week. I know I did. I will put my ES trading through the paces again next week, and if I am satisfied with how I am operating, I will fire up the little account project again - I have anew account at a new broker and the platform and data all seem to be top notch for what I propose to do.

Have a wonderful weekend D. and everyone!