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2. Fag Flag
A scarf worn by an otherwise straight man that makes him look gay.
That dude is wearing a fag flag!
1. fag flag
Also know as the the raindow flag, often used by homosexuals.
In action: *Homosexual waves rainbow flag*

Homophobe: Quit waving your fag flag!
3. fag flag
Any indicator of faggotry, aka homosexuality, a play on the phrase 'red flag,' and used similarly.
That dude was going on and on about Brad Pitt and Angelina Jolie, serious fag flag right there.
4. Fag Flag
1. The mental warning (red flag) you get when detecting a homosexual vibe upon first meeting someone

2. The traditional rainbow-colored flag representative of the gay/lesbian/bisexual/transgendered community.
(1) Guy #1:"Dude, when I first met Dave, I saw an immediate Fag Flag."

Guy #2: "Totally, he was just radiating gayness."

(2) Dave: "Oh yeah, let's go there, there's a Fag Flag in the window, I bet we can meet hotties there!"
5. fag flag
the rainbow or anything that has to do with the rainbow
Joe carries the Fag Flag. a.k.a. Joe is GAY.
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