Trading time is 930 to 1130 AM est. Put 50 sma and if price is above we look for longs below look for shorts. We look to enter market on pullbacks with either a 123 or 2b pattern. Basically find the trend wait till it pullsback find the 123 or 2b pattern enter trade manage trade make money. 15 tick stop 30 target Trading chart patterns is about profiting from repeated occurrences in the markets that are known to yield a certain kind of results over and over again. As with anything in technical analysis, it’s always good to combine chart patterns with other tools like support and resistance to filter out the best setups. The flag and the wedge are two very popular chart patterns among traders, and ... Charts, forecasts and trading ideas from trader forex-factory. Get unique market insights from the largest community of active traders and investors. TradingView India. forexfactory — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! — Indicators and Signals Whereas Break & Retest scenarios can be considered reversal trading or early trend-following, flags classify as regular or late trend-following. With flags trading, you look for an established trend and then wait for a consolidation/pullback. If you can describe the pullback with a trendline, then it may be possible to trade such a flag once the price has broken the trendline and resumed ... Forex — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! Flag Pattern Examples . In this example of a bullish flag pattern, the price action rises during the initial trend move and then declines through the consolidation area. Are you a trend trader or a counter-trend trader? 19 replies. 1 Min THV Flag Trading 933 replies. Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies. 3 CCIs 'Flag' Trading 55 replies "Trend" , how do you actually trace the current trend ? 23 replies Flag trading the trend Last Post ; 1 45 46 Page 47 48 49 559; 1 Page 47 559 ; Post # 921; Quote; Mar 10, 2011 12:20am Mar 10, 2011 12:20am Rcwso Joined Feb 2008 Status: Member 441 Posts. Quoting Sujith. Disliked. Hi Friend RC, How is it going? looking at the AUDUSD right now for a an entry. What do you think? Post # 922; Quote; Mar 10, 2011 12:28am Mar 10, 2011 12:28am silversurfer ... Flag Pattern. From the illustrative figure above, you can clearly see a pole like structure and a flag like structure. Remember, on the trading chart, the red line and the black zigzag lines are formed by candlesticks or bars or lines depending on the chart type that you choose to use.
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