Entry — Cheers JTee for this system - I have seen many trading systems in the past that basically waited until all timeframes agreed and then entered the trade - and I have been looking at ways to combine this with the flag trading method. ...

1 Min THV Flag Trading

Trading Room — Just use your mouse and click on the bottom line of the screen in the trading room. A cursor should come up and flash - and allow you to write in the room.

Flag trading the trend

Cheers — Great work RC!!!

Flag trading the trend

Correction — Just a minor correction: Channel is #FlagTrading I expect the asterix makes a difference though I haven't ever tried to enter the room without it.

Flag trading the trend

Thanks — I just wanted to thank Div again for all his work. You initially had no intention to prolong your assistance like this - but you have shown incredible patience and skill in teaching so many of us. After 6 profitable days in a row - i ...

Flag trading the trend

My Edge — [quote=CindyXXXX;4583189]I am of the belief taht anyone with a real edge that they had to search and work for years to get is not one that will simply be given away on a forum. It has been my experience that after spending many years ...

What is your edge?

My guess — High volume wide up bar followed by a upthrust bar followed by a no demand bar. upthrust + no demand is probably enough of an indication of weakness to take the trade.

vsa with Malcolm

HI — I don't see a problem with it - although the SUB bar doesn't usually mark the bottom/top of previous swing. Add spread to distance from previous swing and that is your profit target. Move stop to BE when 5 pips from profit target - then ...

Flag trading the trend

Bang baby — Sweet trade Olarion...

Flag trading the trend

Nice move down — Looks like it was distribution on the 5 min after all. Nice move down - most marked on EJ. Out with 20

vsa with Malcolm

Agreed — You are right - i didn't realise how small the timeframe I was looking at was. Looks like I am trading noise.

vsa with Malcolm

Distribution — I am short eu after wide up bar on ultra-high volume. All subsequent high volume up bars are followed by small down-moves that don't look like testing .

vsa with Malcolm

Cheers — I appreciate the limitations of wave counts on 5 min charts - and although i have in the past avoided Elliot like the plague - i have seen the 5 wave div occur so many times since trading this thread that it appears worthy of further ...

Flag trading the trend

5 Waves — I have a question for Divergence. I am trying to get my head around some Elliot W stuff and one of the rules is that wave 3 can't be less than wave 1 and 5. I seem to have noticed a number of instances where wave 3 is smaller than 1 ...

Flag trading the trend

Overthinking it? — Yeah the 1-2-3 is def key. I have a div finder on my chart so i see div's all over the place - and i am hence wary of them. Cheers tooth. I suppose its all about location location location. I suppose I may be overthinking my ...

Flag trading the trend

My Suggestions — As Divergence himself says - after 5 ways they are more likely to signal a change in trend. The bigger the divergence, the more significant it has to the chart - unless there are numerous in a row. Once we have 3+ in a row we ...

Flag trading the trend

Divergence — As so many are taking the div 1-2-3 trades i was wondering if we could have a few ideas about what div's seem to be more successful - other than the fact that they should be at the end of 5 + waves. For example, I wouldn't take ...

Flag trading the trend

Overtrading — "Clicking from one screen to another and back and forth will surely cause errors and bad set-ups. Just my thoughts." This is something I have noticed also. It is so easy to get imaginative while we are looking at a few charts ...

Flag trading the trend

Down Bar — I was referring to the down bar just before the wide up-bar which almost market the high of the move. It appears to me that down-bar created a divergence, but the next move up didn't. Its hard to describe without posting an arrow on ...

Flag trading the trend

The rule — 'Don't go back to the well too many times' is his quote reflecting the rule you are looking for. If the chart is ripe for a counter-trend move then there is no trade.

Flag trading the trend