Flat as a tack just now. Think I will watch some Rugby.

Trading the Cable swings via averages

You know what they say... Flattery will get us nowhere.

Trading the Cable swings via averages

Gee this has really flatlined at your exit position.

Trading the Cable swings via averages

Oil down pound up, duh!

Trading the Cable swings via averages

Well, what a night that turned out to be. However, I cannot predict the future I simply trade the current now story. In this case I got two early trades and quit for the day. Looking at the activity overnight I have plotted what I would have done if ...

Trading the Cable swings via averages

That was due to the oil price. As the oil price drops opposites of the USD rise. We cannot predict this because it can happen at any time. You will also find it affects Gold also.

Trading the Cable swings via averages

Gee we don't get this very often. The 1-hour has given us two trades in short order... image

Trading the Cable swings via averages

Here are 4 examples on the 1-hour chart for consideration... image I would take number 1 and number 3 because they are in my trading time. Each made the 40 pips = 2% profit each. Note how number 3 didn't make the 40 pips because it was stopped by ...

Trading the Cable swings via averages

Well Fiona anything can happen so it important to keep the stop tight, so you only lose a little. I have only mentioned these trading patterns to give you options. It is for you to pick something to specialize in, don't try to master everything. ...

Trading the Cable swings via averages

Well yes, I can. Firstly, these are very easy to see in hindsight but are very difficult to predict so in my opinion the best thing is to break the structure down and trade each element individually. 1) We begin with the signal at A. This was a bear ...

Trading the Cable swings via averages

Below is the 15 min chart I thought I would show as a reminder of how I track price action. My trade was at the usual time taking a few short and long to make up the 40 pips. Shown by the trend line breaks on the RSI. In the red circle. However, it ...

Trading the Cable swings via averages

I've been saying for decades it is difficult for individual traders to trade all situations because we simply cannot put in the 100% attention. This is why we miss so much and thus only recognize situations in hindsight. All this activity and we are ...

Trading the Cable swings via averages

News is one of those things wide open to interpretation depending on the context. Trading signals are hard evidence of a potential situation arising. Check out this 15 min chart and SEE the evidence... image

Trading the Cable swings via averages

I don't trade news. I simply trade the signals I see with the appropriate stops. If you follow news as a trader, it will mess with your head. We need to trade what we see not what we think. We cannot think trades. That's my take on news, wars or ...

Trading the Cable swings via averages

Actually, lots of signals here but since we are trading below the EMA the shorts are the best bets and the longs are the scalps. image Note how the pairs form the zigzag of price action.

Trading the Cable swings via averages

The X means it failed at which point we lock in a little profit. The check signs are the winners.

Trading the Cable swings via averages

This is the 15 min chart, not the 1 hour. It shows the HDs and the 40 pip targets which all but one hit. image Below are further scratching's I add to the two speed RSI... image Some days are better than others. When price is just ranging it can ...

Trading the Cable swings via averages

Sorry Fiona that chart was just a demonstration of how the HD's are paired and work when support is found. My trade that day was much shorter in both distance and time. I only aim for the 40 pips. Let me try and break this down for you... I have a ...

Trading the Cable swings via averages

It appears there is some interest in the subject of HD's, so I thought a little more information may be helpful. HDs are usually paired. That is to say a Bull HD is stopped by a Bear HD. However, there is a caveat to this in that the Bulls must find ...

Trading the Cable swings via averages