That is what I am saying. My 4 hour closes at 10am GMT. I have said many times in the past once we get past 1-hour charts we can get much variation and as you see there is a 2-hour difference in our 4-hour charts.

Trading the Cable swings via averages

I see your snake charmer boss has been messing with the map again. image The whole world is laughing at you. The only thing politicians respect is the office not the person because that is where the money is. This convicted crook has been ...

Cable Update (GBPUSD)

Your broker has different closing times on the 4-hour candles. This tends to skew the situation since we are basing the moves on the close. I have changed my chart to candles so you can see the difference. image

Trading the Cable swings via averages

No, it is not. Both are on the same side of the EMA. There are no ABCD's at all on this chart.

Trading the Cable swings via averages

I am always confused and not always just a little.

Trading the Cable swings via averages

I made a mistake that was the 30 min EMA.

Trading the Cable swings via averages

Not much to say about this... image

Trading the Cable swings via averages

Of course I do. This is the C level so the Conflict area. Above it the bulls are winning. below it the bears are winning. Also, in this case price is struggling at the R1 so I would just close and not worry about the last 5 pips. image

Trading the Cable swings via averages

Here is the correction to your chart... image C is attacking A on opposite sides of the EMA. We use B to form the triangle because X is in divergence with B. Using the Quartile tool Y, we stretch it from B so the 50% is at A. Copy and drag Z so ...

Trading the Cable swings via averages

Your blue triangle cannot be an ABCD because A and C are on the same side of the EMA. In this case it is just a regular continuation divergence.

Trading the Cable swings via averages

Just for those who don't understand this. Here is the HD in question. (One of the best signals out there.) To trade these, we place a pending short order below and well away from the price action. Then as the HD happens, we drag the order close to ...

Trading the Cable swings via averages

Already deviating from your plan. That didn't take long!

Cable Update (GBPUSD)

Always the best option. Protection of the account is much more important than profits.

Trading the Cable swings via averages

Still roasting hot here, Tomorow 44 degrees again. I spend most of the day trying to keep the plants alive and myself.

Trading the Cable swings via averages

Well, it can get quite boring, so it is nice to have a battle now and then but none the less the losses are tiny.

Trading the Cable swings via averages

I don't understand this, you have your trade upside down, it should be a long. However, the average swing high is too close to warrant a decent trade, it was only about ten pips from your entry. Don't just trade for trading's sake, look for those ...

Trading the Cable swings via averages

Once a move starts to go my way, I start to move the stop. These first two trades were based upon nothing but chancing my arm. When we do this, we will invariably lose because we have no signal, no target no sense really. The way most people trade. ...

Trading the Cable swings via averages

I did on post 10107.

Trading the Cable swings via averages

Yep, it just hit the 1-hour D1. I am off to bed, tired of making money. image

Trading the Cable swings via averages

Bingo it finally made the D!... image

Trading the Cable swings via averages