- Search Metals Mine
- Divergence replied Mar 1, 2011
here is a chart from today very ugly choppy day if you dont see neat swings just stay away. Heres the big picture if you can trade 1 and 1/2 hrs in asian and 3 hrs in usa there are on average 22 trading days a month. I dont trade thursday night or ...
Flag trading the trend
- Divergence replied Mar 1, 2011
my line was lower nut remember its a zone and price action what i mean is say it takes out a low and pulls back and gives us a signal and a flagline can be drawn then it validates the break
Flag trading the trend
- Divergence replied Mar 1, 2011
sujith thst candle way out of range in trend if it happened lower yes but where it was no good
Flag trading the trend
- Divergence replied Mar 1, 2011
there was a signal at 1315 but you wpould have to close before news maybe a half a win look at 755 gmt bar thats the trigger to go long
Flag trading the trend
- Divergence replied Mar 1, 2011
my bad there was 1 signal to go long at 300 am or 8gmt there was also 1 at 915 am or 1315 i didnt take it should have it was only 15 pips but didnt over all ugly chart
Flag trading the trend
- Divergence replied Mar 1, 2011
hi guys tough day of trading heres the senario, bernake speaks at 1500 gmt and a news release at same time not condusive for trading its like non farm day. Remember this is a trend method if you come to market and its not trending but staying in a ...
Flag trading the trend
- Divergence replied Feb 28, 2011
i look to hit my target and no more if news at 830 i start at 845
Flag trading the trend
- Divergence replied Feb 28, 2011
not sure what all those lines are fx sam also sujith it seems it was a winning trade a lot later
Flag trading the trend
- Divergence replied Feb 28, 2011
yes and sujith the trade at post 450 wrong time of day and also look at how many setups before then you cant go to the well that many times
Flag trading the trend
- Divergence replied Feb 28, 2011
well we did have a trigger to go long price went up stalled and came again against me i saw divergence at top so when price came back up i took a small 3 pip loss almost was able to go short counter trend but it never triggered after 2 attempts so ...
Flag trading the trend
- Divergence replied Feb 28, 2011
they are mentioned in many posts and i believe some charts i cant keep repeating things it will drive me nuts everything is in this thread there are no secrets
Flag trading the trend
- Divergence replied Feb 28, 2011
while we have a break in action like to discuss the two keys to trading. First is find a method that has a consistent win loss ratio anything about 51% consistenly will make you money overall it might take longer to become a fulltime trader but at ...
Flag trading the trend
- Divergence replied Feb 28, 2011
to clarify the signal at 1620 or 1120 am everything was crossed but the candle high was more than 2 pips (or 2.4 with pippettes) from sma so i wouldnt put those on. Why? in my 10 yrs of trading when price moves away from its average it always moves ...
Flag trading the trend
- Divergence replied Feb 28, 2011
well a day of almosts . almost a down signal but no cigar. So no entrys for me so if you were following the rules there should be no entry for u if you were trading the eurusd other pairs i do not know with that said time to take daughter and ...
Flag trading the trend
- Divergence replied Feb 28, 2011
time to focus catch you guys at the finish line
Flag trading the trend
- Divergence replied Feb 28, 2011
o now i get it sujith no i have my stop in a correct swing area so you may take a little heat most of the time this setup comes with momentum so there isnt really a lot of heat> In trading if you have a method that generates a high winning pct ...
Flag trading the trend
- Divergence replied Feb 28, 2011
thats right justin just make sure you have correct HH HL LL LH sequence dont take every single candle cause firstly that would drive you nuts but it would be wrong also
Flag trading the trend
- Divergence replied Feb 28, 2011
after 2 nd peak probabily reduces i have spoken on this about not going to the well to much
Flag trading the trend