WTG, H... I didn't take it 'cos I only just switched on my laptop, sitting in the very smart lounge of ZF Transmissions' new Delft service centre, while they give my auto transmission a "Full Monty" service... takes all afternoon... I expect your ...

Flag trading the trend

My goodness.. closed in July...

Flag trading the trend

I guess by "one net win" you mean a full 15 p... I had a +10 stop out and I called it a day... BUT I chickened out on the 06 short right before the Pit Open (about one minute or so before, if I remember correctly...) : in fact, I never ...

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I missed this post, H : it is the best of the best, for which you receive the fabled jt triple thumbs up . I'm going to move to another planet and sell this as a trading system for $10k a pop...

Flag trading the trend

image

Flag trading the trend

zzz zzz Edit : no olive oil trades for me today, my day is done (made a little FX$ earlier today - "something is better than nothing") - going to chop some logs.

Flag trading the trend

Defined as a setup after a new high or low for the session, I presume ? I feel the hat is the highest prob counter-trend pattern (but I haven't tested this...)... image

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It's a good question, jubael - my choice is to enter 1 tick above, or sometimes even at, the breakout point.

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We are done for the day ... (Edit : my 600th post since '06... that's over 1 per week, I must be overdoing it...)

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Jumped the gun (as I was still looking at the R13 out of the corner of one eye), but nevertheless I wanted to show you what I did with my trailing stop awhile back. This was based on the observation that CL often jumps way beyond +15 from our entry ...

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That'll teach me to stay up to date ... tks for the update, H. I net win a day sounds good to me...

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No-one took the 85 long off the 13R (I shoudda woudda coudda... but I was futzing around on my H1 FX charts...) ?

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As always, H, thanks for sharing your research. Over the many years I have been trading, I have often charted multiple time frames - or in this case range periods - to try not to miss good trades. It can be a great way to go.... but I often wonder ...

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@Mag357 - it works best on range bars &, yes, range bars can be plotted in MT4, although you'll have to use the FF search function to find a free range bar indi & follow instructions as to how to set them up. NB. We are primarily trading CL oil ...

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Not only do I almost always use a Stop Limit, I use one with the Limit set to -1, ie. Stop Limit Long @ 45.50 when triggered sets the Buy Limit at 45.49. Almost always gets filled.... but the times it doesn't are the trades that never have even a ...

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Thanks for sharing this, 'ras

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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..."

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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... image

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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 )

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

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