Mine shows divergence between the 2 rsi's. Do you have the rsi5 set to the "previous indicator's data:?

Trading the Cable swings via averages

Have my 50 pips. Many thanks Alan.

Trading the Cable swings via averages

very tight

Trading the Cable swings via averages

True. I was only referring to the candle after the FF open.

Trading the Cable swings via averages

Bears found support on the H1 already on the last bar and now heading down.

Trading the Cable swings via averages

I saw a bearish price/rsi divergence on M5, so am in short at 1.26237

Trading the Cable swings via averages

Like many of you, I think Alan has done an amazing job with this thread. He has clearly outlined his trading approach and has spent many many hours putting together posts, including screen clips, for our benefit. As the thread starts to expand I ...

Trading the Cable swings via averages

Yeah, its taken me a while to figure that out as well .... but this is the "trading cable swings via averages" thread. The other thing I am still not as sharp as Alan at is spotting the rsi/rsi divergences.

Trading the Cable swings via averages

LOL. I think you will need to put a few more volts into that cattle prod of yours

Extreme TMA System

George Aw, you are teasing the herd

Extreme TMA System

I was looking at the bullish divergence Alan. But as you say wait until opening time.

Trading the Cable swings via averages

Are you guys seeing a positive divergence on the H1 currently?

Trading the Cable swings via averages

If I get some time I will try and slap something together over the weekend that you could look at before posting.

Trading the Cable swings via averages

George The first chart looks like a combo of Supply/Demand and Support/Resistance points. The second is HH and LL.

Extreme TMA System

Alan I think that people dwell on divergence because it is the key for entry/exits (i.e. trade management) rather than trying to understand and use all the elements of the overall strategy. The question from emicovi about the "rules" reinforced ...

Trading the Cable swings via averages

is that a wee price divergence there now?

Trading the Cable swings via averages

Got my 50 pips - thank you Alan! That was fun.

Trading the Cable swings via averages

Some daylight now.

Trading the Cable swings via averages

Logito Yes, that is what I saw on your chart - price didn't climb above the band. That said, the band may have moved up a bit after you entered your trade.

Extreme TMA System

Loqito Look at ALs trade entry rules on post # 1.

Extreme TMA System