Excellent stuff, you have just about mastered this. The only thing I would add at the red X above is... Because the bull div did not find bull support we should expect a LL which is what happened and a new bull div was formed. (currently in play) ...

Trading the Cable swings via averages

Why should I have all the headaches, I ask myself. Why not pass a few onto you guys? Reviewing the recent past activity in my humble opinion is very important to understanding just how price action works. From this we can determine certain aspects ...

Trading the Cable swings via averages

Just out of interests we have all targets hit on the weekly chart and await a new setup... image

Trading the Cable swings via averages

Well, it made the EMA on the 1-hour chart but as yet has not crossed to find bull support. Not a bad number of pips though. We often see after a big move day we get a cooling off of activity. We could take a break on these occasions to give us a ...

Trading the Cable swings via averages

This was very well described, hope you held to that short direction. This happens from time to time. Price hits the D of an ABCD then turns and tries for the D1 a complete change of direction. image

Trading the Cable swings via averages

At bloody last. This was the most struggled ABCD's I have seen to my memory (Not reliable) image

Trading the Cable swings via averages

Staying within the 1-hour 50%/50% range is starting to become very trying. Price just keeps testing the "C" level and the EMA's are being squeezed on the 5-min. We need a BREAKOUT. ...

Trading the Cable swings via averages

This thing is continuing to range between the 50%/50% on the 1-hour chart. image Nice range for pips though, the grid is 40 pips wide.

Trading the Cable swings via averages

You don't seem to be paying any attention at all to the EMA.

Trading the Cable swings via averages

Been a great day today... Smack on our trade time a HD was formed to give us a short. Expecting the price to test the 4-hour EMA but for now I have made plenty, so I am done for the day. image Once again, the fabulous HD takes the cake.

Trading the Cable swings via averages

And then it later turns to hit the D on the hour chart. I was well asleep by that time image The thing to note is that it hit in Divergence and a nice trade short could also have been taken.

Trading the Cable swings via averages

At last, it made the average swing low. Some 20 bars to make 20 pips. image

Trading the Cable swings via averages

C'mon which way is it going to break.

Trading the Cable swings via averages

Cheese and rice that wasn't much of a HH hey!

Trading the Cable swings via averages

On the 15-min chart the ABCD has already hit the D1. On the 1-hour chart we seem to be stuck between the 50% levels of the ABCD. On the 5 and 15 we had bear HD's, but they failed to cross and find bear support

Trading the Cable swings via averages

This serves to warn us about always placing stops when placing trades. In the past I have had to call my broker to simply shut down the trade even for a loss. Times were more volatile then and one could easily be wiped out without a stop in place. ...

Trading the Cable swings via averages

Trump/Musk must be closing everything down

Trading the Cable swings via averages

Bugger the Internet just went down again, glad I am not trading.

Trading the Cable swings via averages

Yep, and the market looks pretty scrappy. Sitting on hands today. Anyway, my Internet has only just come back on. It has been off for about ten hours or so. It would be risky under these circumstances.

Trading the Cable swings via averages

When I was running webinars (years ago) I was using a broker supplied chart set and that is when I found there was a difference from those using MT4. I would say you are not using MT4 so how can your charts match those of millions of others. I ...

Trading the Cable swings via averages