that last chart might be a little tricky for some but once you get the hang of it its not. So the best way to find a good pull back is to simply draw a flagline thats what i call it make sure its a 45% angle if you dont know what that looks like ...

Flag trading the trend

ok here is my main setup i look for trend to be established by taking out a swing then wait for pullback then when bar closes below 10 sma and cci closes below -50 (for shorts) you use that bar as setup bar price must take out low by 1 pip for entry ...

Flag trading the trend

point 1 is a double top with what other candle?

Flag trading the trend

are all you guys understanding this?

Flag trading the trend

heres a trade that just won

Flag trading the trend

well it looks like they moved me back to trading system forum ok heres a trade from friday

Flag trading the trend

if it were trading now divergence has formed and if this candle closes about sma and cci closes at 50 thats the trigger bar it didnt triger but now possible divergence and 123 combination

Flag trading the trend

a trend changes after a swing is taken out counter trend trades are part of pullbacks in a trend but you can still make money id say the 85 then 77 area is the last higher low so if that gets taken out wait for a pullback and entry and let it rip

Flag trading the trend

there should be no problem making consistent money in the forex if you impliment these techniques so you now have the plan to trade so then trade the plan right?

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last chart the basic trend trade pullback make sure trigger candle closes above sma and cci above 50

Flag trading the trend

there you have it any questions?

Flag trading the trend

you got it joel now you see how i get 20 trades a month market tips its hand and i agree with the market and play follow the leader

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here look at this setup

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heres a chart with divergence triggered

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in short let me say this the main setup is pullbacks in a trend then you have divergence setups and 123 setups trends always end and the counter trends begin with either divergence or 123 or both. here is a secret that 99% of people dont know when ...

Flag trading the trend

i think the trend is still up this is my counter trend move at end of trend when i see 123 at top i want to see the above setup critiria happen to get in it was a 9 pip target but at 3% it still pays the same as a 20 pip win i dont put many on in a ...

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heres one of my favorite techniques at the end of a trend 123 except my trigger is a candle that closes below sma and cci closes below -50 and trigger candle is within 2 pips of point 2 heres chart

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where yoiu drew the arrow you have to take all the candles as the pullback then you see that big down candle take out the pullback theres a difference between pullbacks in a trend and swings

Flag trading the trend

slueth i dont see sma or cci but it appears to be a pullback also why you looking to trade at midnight est

Flag trading the trend

well if you want to call it a higher higher higher low it becaomes just a 3 wave pullback in the down trend so thats why i just call it a swing lower high it after the fact so no problem since i was looking to get back into the down trend plus you ...

Flag trading the trend