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- Divergence replied Feb 23, 2011
thats right no trade sometimes you have a little dry spell then youll have days where you get 2 trades and maybe 1 at night so the key is disipline and patience the money will come
Flag trading the trend
- Divergence replied Feb 23, 2011
yes i do if we get a trigger and the next candle doesnt get you into the trade as long as candle is within 2 pips of sma and cci is still closed above 50 you have 1 more shot if that one doent take you in you have no trade and you wait till cci goes ...
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- Divergence replied Feb 23, 2011
i mainly trade eurusd but usdchf audusd usdcad seem ok also
Flag trading the trend
- Divergence replied Feb 23, 2011
action pretty slow eurusd looked ugly what i do sometimes is if eurusd looks ugly i will look at usd chf to see if it is smoother in this case it was
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- Divergence replied Feb 23, 2011
Hi guys some good stuff just remember that when price closes above 10 sma the cci must also close above 50 i think suith missed by 1 candle in us session there was a long didnt take it as news was coming up at 10 but good job guys and yes suith when ...
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- Divergence replied Feb 22, 2011
well if there are no more questions ponder this stuff check it out and your trading experience will change i need to hit the hay see u guys tommorow
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- Divergence replied Feb 22, 2011
joels already taken and it depends in what mood shes in
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- Divergence replied Feb 22, 2011
hey merino joel maybe the funniest guy in the ff great sense of humor
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- Divergence replied Feb 22, 2011
With such a high w/l ratio i suppose it doesn't matter if we are a little flexible - but some of these flags are at too an acute angle to be taken from my understanding of the system. Great system btw. Cheers Divergence. my drawing lines is bad but ...
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- Divergence replied Feb 22, 2011
yes joel thats trend trading at its finest the div and 123 are counter trend trades
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- Divergence replied Feb 22, 2011
sujith i do take 123 setups if the candle that first closes above 10sma and cci closes above 50 and high of that candle is within 2 pips of point 2 in the chart you are talking about but thats a counter trend trade the other charts are showing a ...
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- Divergence replied Feb 22, 2011
here is a chart of the eurchf i dont trade this pair but as i said this works on any pair any time frame any market no indicators either find trend then wait for pullback
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- Divergence replied Feb 22, 2011
is everyone understanding how to determine which way market is trending not just now but in general?
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- Divergence replied Feb 22, 2011
notice that once the swing is taken out it comes back and test it why well it was support and now it trys to turn it into resistence thats how the market moves its called market structure once you train your eyes to see it you will start thinking of ...
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- Divergence replied Feb 22, 2011
when price is going down and and it takes out the previous low then the last lower high is last swing you understand
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