Here are the current rules for trading Jan 2016. the market is YM (e min dow) charts are13 tick range bar. 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 ... 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. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage ... 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. Also, is worth noting that in the Flag and Pennant pattern Indicator for MT4, the red flag pole line is never indicated, it ... The Forex Factory Forum is one of the largest forex forums on the internet with over 500,000 active members a month communicating trading tips, strategies, and news. It would be a good idea to have a browse of the forum every so often as there are a lot of traders who openly discuss their trading strategies that you can learn from and test. Flag trading the trend Last Post ; 1 13 14 Page 15 16 17 559; 1 Page 15 559 ; Post # 281; Quote; Feb 25, 2011 10:28am Feb 25, 2011 10:28am Joel Joined May 2007 Status: Member 357 Posts. Took aud/usd north for a win at 10:05.....thanks Mr. D Post # 282; Quote; Feb 25, 2011 10:29am Feb 25, 2011 10:29am Joel Joined May 2007 Status: Member 357 Posts. I agree with you..... Quoting vince ... 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 The Forex Flag pattern is one of the best-known continuation formations in trading. It is an on-chart figure, which typically appears as a minor consolidation between impulsive legs of a trend. When this pattern forms on the chart, there is a high likelihood that the price action will breakout in the direction of the prevailing trend. We will discuss this in more detail but for now, let’s ... Forex Trendy is a software solution to avoid trading during uncertain market periods.Instead, pick the best trending pair at the current time. It uses no indicators, but the trend is determined by pure price action.
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