Now at BE heading for the H1 EMA which is showing signs of divergence as well.

Trading the Cable swings via averages

M15 chart. If we can break the daily pivot then my target is 45 pips away near the ADR low. M5 and M15 have bear support Could just as easily keep going up. Nearly at BE point.

Trading the Cable swings via averages

Maybe some trailing stop EA can be utilized here.

Trading the Cable swings via averages

Sounds like you have a similar problem to me of closing too early. Nala would say put a hedge on if you think its gonna turn.

Trading the Cable swings via averages

That will do +2% after bad dollar news.

Trading the Cable swings via averages

Looks to be on a mission to get somewhere! Divergence not turning it around. One short trade loss so far.

Trading the Cable swings via averages

Bit of luck today. I had a couple shorts running first thing with a pending hedge above in case it took off long. Then it dropped like a dead thing. Hedges at the ready always. I am sure you will make it back easily Nala.

Trading the Cable swings via averages

That will do for the day +2%

Trading the Cable swings via averages

Missed todays action. was looking for some inference on the H1 before jumping onto a long trade. Maybe the M15 bull support was inference enough up to the H1 EMA swing point 34 pips away. Never mind we try again tomorrow.

Trading the Cable swings via averages

Flat as a very flat thing!!!

Trading the Cable swings via averages

Something else I acquired over the past 5 years when the trading wasn't going so well. A basic understanding of MQL4. I can do some simple stuff

Trading the Cable swings via averages

dodgy internet in the outback?

Trading the Cable swings via averages

I concur with this one Nala. I have blown many a demo account over the past 5 years using ideas like this. Stick with the 1% per trade and aim for 2% win for the day. I will post an indi this weekend to show 1% available equity on the chart. A

Trading the Cable swings via averages

And there is my problem, letting the trade run. I have tried both ways. Let the trade run to TP or hit my BE. Or Spot the next M5 divergence and close the trade for a few pips to discover the divergence is a fail to cross the EMA and the trade keeps ...

Trading the Cable swings via averages

And if it doesn’t cross the EMA expect a HH. Get to BE at least so no loss trade. The next Bear Div could be the big one.

Trading the Cable swings via averages

My personal take from this is to get enough bucks per week to survive on and give up my 9-5 dredge. This also means being mostly consistent every week and things are looking up after all this time. This trading method is the one for me and you guys ...

Trading the Cable swings via averages

Looked like a good call to me. No where near 10% a week but getting there slowly.

Trading the Cable swings via averages

And if we was as good as Nala then 2% a day is scary.

Trading the Cable swings via averages

Lets give us guys some inspiration going forward. 5K deposit at 1% interest compounded for a year. This should be easy enough. Let me here you say "we can do that"

Trading the Cable swings via averages

Not seeing any H1 inference as yet. Standing by

Trading the Cable swings via averages