Can you please introduce us this tool? I have certainly read it in some posts in this thread but don't have much idea what and how to use it. How is Polly by the way? Have not heard from her for a while

Trading the Cable swings via averages

Thanks for your sharing. Actually, how soon can you tell if the price fall to make HH or LL? I m super late, only when the opposite is done, make a success, refering back in history, then i know that HH/LL failed.

Trading the Cable swings via averages

Sorry, I was just chairing the opportunity to ask questions. Do appreciate you have spent the afternoon sharing your experience and answering my questions. Enjoy your weekend as well

Trading the Cable swings via averages

Just love what u said "short da bitch"! But can we just reverse our long failed trade to short? Is there any more reason or signal (with reason) on the chart to support our short decision at that time?

Trading the Cable swings via averages

What message does the long green line drawn on top of the slow RSI give please? Sorry I should answer myself, it should be a long (across time) price to rsi divergence. I would just not be able to see it during real time trading

Trading the Cable swings via averages

I can accept many losses, no system is prefect, that's why I focus on understanding the thinking correctly and act accordingly, the result is pretty much market driven.

Trading the Cable swings via averages

Btw, how would you analyze the rest of the day? Would you see the divergence that I saw in post 4026(again seeing/identifying and taking action is two different things)?

Trading the Cable swings via averages

at the close plotting the bar a reversed color？ Sorry may I ask you to explain a little more please? Do you enter using M1 frame?

Trading the Cable swings via averages

I do checking everyday as well, UK time after 10pm, just find it very very easy to analyze the day after it happened, I can spot all opportunity and make logical decision. However trading in real time during time day is different story.... So how do ...

Trading the Cable swings via averages

For me, I do "know" my weakness, when a trend runs for too long or bull/bear power goes too "extreme", I start to focus on reversal signal, and I dont have confidence to join the trend because I worry that I buy at the top or I short at the bottom. ...

Trading the Cable swings via averages

Appreciate for your teaching. I do use the word "usually" which means divergence not necessarily return price to EMA. I think you actually understand (doesn't mean agree me) why I was searching for a reversal signal, however I failed to think in ...

Trading the Cable swings via averages

Thanks for the reply. The reason I ask is because I worry that I can not identify the correct divergence, only I recognize the correct divergence I can then decide the next action, for example, whether to hedge or not. What is the zoo point that you ...

Trading the Cable swings via averages

I agree, so there is one thing I would like to understand first, whether I correctly identify those 4 divergence, taking action is another thing, that is a decision based on higher TF, and for the result, rather it reaches the EMA, will be another ...

Trading the Cable swings via averages

Hi Jazz Hopefully you can identify which part of my through process went wrong as well please, and whether the RSI divergence I define are correct. I have read the pdf twice, slowly, and I actually went back to the post in the thread and read the ...

Trading the Cable swings via averages

Hi Alan Thanks for the reply and sorry for being so stupid. However, I did use H1 for my inference, and this is why I said before, I saw the oversold situation (RSI fast went to extreme), on H1 average swing made LL already and start looking for ...

Trading the Cable swings via averages

Basically, I am just trying to express that the bear power may come to the end, and I should be aware now. So how should I see/read it? I am saying all these not trying to defend myself and saying I am right, I am indeed showing you all honestly how ...

Trading the Cable swings via averages

Alan, on the attachment below 1. The red line in the RSI indicator, is it a valid rsi/price divergence? could you ever consider this a bullish divergence that terminates the short signal? At least do a hedge in here? 2. The yellow, green, and blue ...

Trading the Cable swings via averages

But fast RSI on H1 was below 20. And after that, price kept dropping and fast RSI on H1 couldn't catch that speed, so at that time, while the H1 candle was forming, it looked like a rsi to price divergence. That's why I went to M5 look for further ...

Trading the Cable swings via averages

but according to Alan, we just need to look at the price action, the signals

Trading the Cable swings via averages

I had a big failure today. I want to share my thinking and hopefully people can correct me. I am looking for long opportunity all day, because 1. From H1, I saw that a oversold situation was there, and during the time in the circle, price has ...

Trading the Cable swings via averages