Another dire day of ranging.

Trading the Cable swings via averages

+33 on that return trip to the H1. M15 in divergence on the daily EMA ZOO point. Target the last EMA swing but held out for a bit more on the next EMA level up also H1 EMA. H1 and H4 in bull divergence as well so might get across. M15 needs to find ...

Trading the Cable swings via averages

Took a couple tester buy trades today based on M15 divergence moving SL up as it went. Hit the previous EMA swing high and didnt make a M15 bull support and decided to take my SL for a $70 loss. Luckily had a pending sell on standby which got hit ...

Trading the Cable swings via averages

As we can see the M15 also shows divergence down to the H4 EMA so what gets me interested is a HH on the RSI(14) when both RSI are in OS area is even better. this suggests an EMA cross so we can also add a trade when we get M5 support but I haven't ...

Trading the Cable swings via averages

I might be able to help with this as I have been here many times thinking price will turn on the EMA and it doesn't. H1 chart bear divergence at the top suggesting an EMA cross and target the last EMA swing. We are shorting at this point. ZOO points ...

Trading the Cable swings via averages

And shoot down it did Alan. A very tough week and probably did a bit of gambling with the pending orders especially on NFP day. Back to the hindsight weekly chart study and trades clear to see so will dig out the forex simulator and have a play on ...

Trading the Cable swings via averages

This previous H4 EMA level at 1.27909 is really tough resistance and has proved to be tough lots of times before. NFP will be the decider today.

Trading the Cable swings via averages

2nd day of rubbish trading. What's going on with pair?

Trading the Cable swings via averages

Not much action today. $20 is better than -$20 I guess

Trading the Cable swings via averages

Red dollar news in 40 mins and counting.

Trading the Cable swings via averages

Currently in a 20 pip range waiting for some movement either way will do.

Trading the Cable swings via averages

H1 Attempting a bear support candle. Might bounce off the EMA and keep going down. Might be able to jump back in again if it does.

Trading the Cable swings via averages

That will do for the day, almost +40. half pip short at +39.4. M15 showing divergence on the H4 EMA, time to go.

Trading the Cable swings via averages

M5 and M15 bear support. H4 and Daily Bear divergence. Price heading for the H1 EMA. Target M15 last EMA swing. Lets see how it goes. EDIT:- Move to BE

Trading the Cable swings via averages

Your wish is granted Alan.

Trading the Cable swings via averages

Before Alan mentions it. Yes I had the M15 target in mind but not so sure it will reach that point. Watching to see if it does get there tho.

Trading the Cable swings via averages

+1.3% today. That will do. Missed the drop down just before LO.

Trading the Cable swings via averages

I see one of my problems, driven by all the years of traders telling me to buy low and sell high. This sort of works in a ranging market but what they neglected to add was "unless price bounces off the 26 EMA and keeps going up to a HH" making it a ...

Trading the Cable swings via averages

Keep at it guys. Still making silly trades but cutting them loose soon as I see they are not going to plan. Also missing opportune entry points due to work commitments and lack of screen time. I mean +5% is achievable with just 2 trades but still ...

Trading the Cable swings via averages

Interesting how the H1 bull/bear support levels play an important part as zoo points.

Trading the Cable swings via averages