I saw the one 7 candles earlier but couldn't draw a flag properly, so I thought it wouldn't count.

Flag trading the trend

Are these the 2 you are referring to?

Flag trading the trend

Oh I didn't notice Divs posts. Please ignore my last post

Flag trading the trend

As far as my understanding goes, I don't think the the HH HL etc in orange and the red line etc are relevant, the white ones are all that you need. If you go to higher TFs or go back too much in the 5M chart, you are going to have lot of such ...

Flag trading the trend

True. Point taken.

Flag trading the trend

Div, Yes it was a winner, but at this stage I am concerned more about doing it right and your feedbacks are helping a lot.

Flag trading the trend

Hi Div, My thinking was the left arrow showed a higher low which was broken and price could not take out the right arrow the higher high, so I assumed a downtrend. am slightly confused here.

Flag trading the trend

Took this one on the E/J late in the day, any comments?

Flag trading the trend

Thanks.

Flag trading the trend

Thanks for the reply. Regarding the 755 GMT signal, since the horizontal level was broken, wasn't there a potential trend change with the arrow showing the higher low that was broken?

Flag trading the trend

Hi Div, Would appreciate your comment on post #490.

Flag trading the trend

Hi Div, Came close to stopping out on this one but was able to close out at break-even. Am curious to know what you would have done in this situation. Did I do something wrong?

Flag trading the trend

Yes the 2:30 setup was otherwise fine

Flag trading the trend

We are still in an uptrend but you would not find enough momentum at this time. For Asian session, better stop trading at 130 GMT.

Flag trading the trend

oh ok. Yes, it was a bad trade to get into.

Flag trading the trend

Div, If there is no news at 8:30, do you still stick to the 1400-1700 time window or u start looking for potential trades at 1300?

Flag trading the trend

Yes it would have been if I had placed the stop below the pullback but it was more than 30 odd pip stop and so I used a 26-pip stop and got stopped out. No worries, have not had too many of those so far.

Flag trading the trend

Thanks Div, agreed that there were many long setups before that and shouldnt have taken it but was the time wrong, it was 1600 GMT. Am I missing something?

Flag trading the trend

Hi Div, I assume you got out at the 0:55 bar, am I right? Also, would appreciate your comment on post #450

Flag trading the trend

I don't think there was anything wrong with the entry but let us wait for Div to comment. As FS said losses happen and it is easy to give thousand different reasons after the fact.

Flag trading the trend