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- Divergence replied Feb 17, 2011
aediaz firstly there was no flag on your blog so nice try second this is a different type of flag than the regular bull and bear flag formation this is a type of pullback entry to get back into the trend hopefully everyone comprehends that
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- Divergence replied Feb 17, 2011
ok ultimus heres the problem. it where you put trade on. trend started with the large candle 10 candles back. second thing is when you have 3 lower lows and 2 lower highs the 5 wave pattern is complete. thirding the candle that closed below the 10 ...
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- Divergence replied Feb 16, 2011
though i dont trade at this time divergence is forming right now a cross and close of sma and retracement finder closes at -50 or better ??????
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- Divergence replied Feb 16, 2011
yes thats just the eurusd this can be traded on any time frame any pair any market as long as there is a trend you r good to go or divergence too also even without the visual guide of the indicator you can just draw the flag line like i post 1 so ...
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- Divergence replied Feb 16, 2011
hey joel i usually trade the asian session and if nothing happens in first 1 1/2 hrs i call it a night tonight one of those ok i understand the 30 to 1 thing is i average about 20 trades a month so i quess your math is right never thought of it that ...
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- Divergence replied Feb 16, 2011
nice port dave the fib isnt really nessesary but the flag was good this is a 1 to 1 r/r so stop and target the same this is an incredibly high win pct with about 20 trades a month
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- Divergence replied Feb 15, 2011
heres and asian setup and win notice after trade tiggers price come back and tests the swing that was take out to see if it becomes support and it does
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- Divergence replied Feb 15, 2011
glad to be a help joel 6 losing trades in 10 months
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- Divergence replied Feb 15, 2011
higher swing high higher swing low lower swing low lower swing high heres a chart
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- Divergence replied Feb 15, 2011
once a swing is taken out trend changes look for pullback and and find entry once you have 3 swing lows and 2 swing high elliot wave is complete then look for divergence or 123 to go the other way look at post 19 chart
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- Divergence replied Feb 15, 2011
so joel what do you think ? this should be you last system forever right
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- Divergence replied Feb 15, 2011
here is yet 1 more reason to trade pullbacks even in a crappy trend like today
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- Divergence replied Feb 14, 2011
no longs cross and close above +50 shorts close below -50
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- Divergence replied Feb 14, 2011
thanks acetrader it is rather simple and to the point to many rely solely on indicators to find entry without taking into consideration where they are in the context of the trend. Trend trading becomes rather simple when you see the price action ...
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- Divergence replied Feb 14, 2011
a good pullback is just that a pullback if the trigger is not taken out on next bar you can get 1 more shot as long as cci is still past 50 and bar is still above/below ma and the bar is not more than 2 pips from ma as far as how many pips i make ...
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- Divergence replied Feb 14, 2011
its just a cci set at 8 with levels of -50 +50 when price crosses ma and cci crosses 50 line in a pullback thats your trigger bar enter 1 pip past trigger bar stop is last swing before trigger bar please no repeat questions there are charts heres ...
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- Divergence replied Feb 14, 2011
i trade 5 minute charts but you can trade any time frame any pair and any market the principle is the same find a trend trade the pullback pretty simple and the method is as old as the hills heres a daily chart the key only trade the trends stay ...
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- Divergence replied Feb 13, 2011
the ma is simple 10 apllied to median hl/2 when candle closes below 10 and cci closes below 50 on a downtrend enter 1 pip below low stop is last swing pullback 1 last chart
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