Not speaking for divergence but it would be the second arrow. Place SL at the most recent swing high or low.

Flag trading the trend

Price action while watching S/R, rules in this strategy though. The Stoch. and EMA are just helpful aides.

AZB Price Action

So guys, what price takes out the uptrend. 190,140? I see some major resistance at around 280.

Flag trading the trend

ARZ, Thank you for the summary. So did you enter at close of the candle on #5 trade? That tail on top that candle gave me concern so I waited for price to break the tail (high of candle).

AZB Price Action

Looks like uptrend in question now. Something must have happened.

Flag trading the trend

The way I see your chart is that you were in a down trend after support was taken out at 1.4160.

Flag trading the trend

On current chart I take it that we're still in an up trend until 1.4153 is taken out.

Flag trading the trend

I put a zig zag indicator on my chart as divergence suggested in his video talk the other night. It helps you not to look at every little swing high or low.

Flag trading the trend

MBT Mobile App. — Has anyone used the MBT mobile app. on an iphone and how is trade execution? thanks

MB Trading Futures - Introduction

Mobile Trading — Can you trade on the MT4 platform with the iphone with MB Trading? If so what is the approx. monthly charge? thank you.

MB Trading Futures - Introduction

ARZ, Hope your in the latest move up. How would you handle the first break of the MA (green arrow) here? The bar finishes above the MA but closes with a tail on top. Enter on the break of the tail? thanks

AZB Price Action

I'm in. Thanks for doing this.

Flag trading the trend

Thanks ARZ, Some very good points to chew on. I'm very excited with your strategy as you can probably tell. I plan to trade it live when I feel more confident with it. I've been going back more than a year on 1HR charts advancing them 1 candle at a ...

AZB Price Action

ARZ, I appreciate the advice on greed and I totally agree with you on that point. But I was coming at it from the angle of being able to get out of 2-3 positions earlier ( at the first wiff of divergence or a reversal pattern) and still arrive at an ...

AZB Price Action

ARZ, Looking back at charts, have you noticed that when price closes past the MA for a good first trade entry, if you trade the next one or two bullish /bearish candle closes they have a fair chance of staying in profit. I'm saying you take the next ...

AZB Price Action

ARZ, Love the trade summaries. Keep'm coming. And thanks for the handy dandy risk calculator. I made same trades as you (#'s 1 and 2) but hung on to them too long after seeing divergence.

AZB Price Action

1HR (yellow) and 4HR ( blue) resistance showing so I wouldn't add to positions here. Other opinions welcome. Also the CCI indicator didn't show much of a pull back before this move. Will wait for resistance to be broken and see what divergence we ...

AZB Price Action

Here's an indicator that will email/text you when a retrace has occurred. Set to CCI(8) with +50 and -50 levels. image cci_color_susu.mq4

Flag trading the trend

Here's the indicator — Here's the indi. on a chart.

AZB Price Action

AZB and thread — I found this indicator that will email/text you when a proper retrace in price has occurred, giving you a heads up to look for price action to add a position. I have it set to CCI - period 8, price type - 4, level 1 (+50), ...

AZB Price Action