By the way the short entry at the top was the result of a HD, price pulled back to hit my pending order.

Trading the Cable swings via averages

I have my 40 pips. Now I am thinking this may run back down to the 21165. image

Trading the Cable swings via averages

I see also on the 15min chart it was also the D1 of the ABCD. My fault for not analyzing all the charts properly... image

Trading the Cable swings via averages

Ha, found the wedge on the 15 min chart...Toooo late now though. image

Trading the Cable swings via averages

I will sit on hands now. I thought price was going to get down to the D1. Then it changed its mind and has again changed its mind. Too choppy now... image

Trading the Cable swings via averages

Don't know what is happening here with double postings?

Trading the Cable swings via averages

Welcome back. Your chart shows a long on the bull div. It didn't make the average so expect a LL. You should have been stopped out for BE. This was followed by a hidden bull div (I was stopped out for 20 pips on that one) So, three trades so far +40 ...

Trading the Cable swings via averages

Welcome back. Your chart shows a long on the bull div. It didn't make the average so expect a LL. You should have been stopped out for BE. This was followed by a hidden bull div (I was stopped out for 20 pips on that one) So, three trades so far +40 ...

Trading the Cable swings via averages

Well, that was an easy do. image

Trading the Cable swings via averages

I am testing a long here (20 pips up so far) image We have an RSI bull div at the triangle breakout target and the swing low average. Good ZOO points to have a go at.

Trading the Cable swings via averages

I am currently long on the 4-hour div but I feel I will be stopped out for BE. Price is doing nothing yet and it is the NFP today so many may be resting up for that event.

Trading the Cable swings via averages

MMM! This sounds a bit like overtrading to me. I sometimes have to wait days for a good signal, whereas in the meantime I drop my lot size and try to scalp a few pips to keep things ticking over. I don't recommend scalping as it is very much a risky ...

Trading the Cable swings via averages

Well, the 4-hour failed to much with the bull div and as a consequence it makes a lower low to guess where! image The question now is. Is this the bottom of the run?

Trading the Cable swings via averages

It may be worthwhile pointing out that the weekly chart has reached the D1 target... image However, if we look at the daily there are still 54 pips to go... image And then even more downside if price test the next average swing low at 1.22

Trading the Cable swings via averages

4 hours on the move again with 100 minutes to go.

Trading the Cable swings via averages

This is how to measure the targets of wedges. The target T is 1.5 times the Distance AB from the breakout C. image

Trading the Cable swings via averages

I have run out of targets on the 1 hour. image

Trading the Cable swings via averages

Go to the top of the class and give the pencils out.

Trading the Cable swings via averages

Take a bo peep at the daily... image So close but so far away in div.

Trading the Cable swings via averages

So far it doesn't seem to have the legs to push down out of div. That's a 50 pip pull back...Whew!

Trading the Cable swings via averages