I might just call it a week at +4% seeing as we are sitting right on the daily EMA again.

Trading the Cable swings via averages

Hell of a day but scraped together my +2% just about. I need a stiff drink now.

Trading the Cable swings via averages

Got a tester trade going short at the moment. Everything looks long tho apart from the higher TF

Trading the Cable swings via averages

This is going nowhere fast. +18 Pips long. H4 divergence not going to cross the EMA just yet so might be a LL on the cards. H4 looking for bear support if that is the case. M5 Chart.

Trading the Cable swings via averages

Another example of a weak response to a divergence on the M15. First divergence followed by small candles red and blue mixture failed to cross the EMA and therefore made a LL. Second divergence much stronger with good strong blue candles right over ...

Trading the Cable swings via averages

Must wait for M5 bull support first. I keep telling myself

Trading the Cable swings via averages

Too late. Now in DD

Trading the Cable swings via averages

My day has been dire and the +1% from yesterday is now -2%. Daily bear divergence convinced me to look short. This proved the wrong move to start with and I figured the initial DT would continue down. Several shorts later here I am with a bad ...

Trading the Cable swings via averages

Not good today. All EMA bunched together again around the daily EMA

Trading the Cable swings via averages

Time to get rout.

Trading the Cable swings via averages

Not quite 1% but +18 pips. Wasn't expecting any trades today.

Trading the Cable swings via averages

still long and moving to BE soon

Trading the Cable swings via averages

And still weak. H1 failing to cross the EMA and find bear support. Try for a HH might be on the cards.

Trading the Cable swings via averages

Here are some basics. Break of an EMA =retest of previous EMA swing HiLo. Bear support candle = Highest bull candle close after the break. Price resistance level Bull support candle = Lowest bear candle close after the break. Price support level ...

Trading the Cable swings via averages

easy one this. Is all about the EMA averages 26 EMA. The SMA helps with drawing the divergences as it’s based on closed price.

Trading the Cable swings via averages

Just my two penny worth. Keep an eye on the M15 and M5 support candles to confirm your perception of what the H1 will do even tho you cant spot any H1 divergence/inference around our trading time. Divergence on the M15 followed by a M5 support ...

Trading the Cable swings via averages

Yes I started off today looking for long trades after seeing the M15 bull divergence and I missed the first bull support candle being away from my PC. Then the M15 showed bear divergence suggesting a short is coming. In hindsight maybe I should have ...

Trading the Cable swings via averages

Got my +40 pips today. If it was real money I wouldn't be trading on NFP day.

Trading the Cable swings via averages

This next H1 divergence would have been a stop loss in my opinion. Dropping to the M5 chart we see bear divergence there as well and probably dive in with a short and the nearest M5 bear support. Not every trade can be a winner but lucky for me i ...

Trading the Cable swings via averages

I like to review each days action to see where I can improve things, I hope Nala doesnt mind me pitching in with these. I must admit I didn't see this H1 divergence from way back yesterday but Nala did and mentioned price was moving down very slow ...

Trading the Cable swings via averages