When you say 96 pips what is that as a %, so we can tell if it is good or great. Anything beyond 2% is great

Trading the Cable swings via averages

Price will have to push hard to avoid being a bull div.

Trading the Cable swings via averages

There you go it hit the D1. Look where the next average low is? image

Trading the Cable swings via averages

And low and behold it has hit the swing low, and we collect our winnings. Or just a portion and see if the rest will run to D1 (If you are greedy) image

Trading the Cable swings via averages

Well, that was a long half-hour, I have forgotten what I was saying now. Oh yes, the 4-hour.. I have marked three opportunities at A, B, and C to go short. Starting with A we see on the RSI we had a bear div just prior. Let's say we took that as an ...

Trading the Cable swings via averages

Hi Fiona96 and a happy new year... This is not a simple question to answer because we have to look at several charts in conjunction with one another. Also, I need to know how you place your trades. For example, do you just click to enter or do you ...

Trading the Cable swings via averages

OK, holiday over and back to trading on Monday. Hope everyone had a good break and feel refreshed for the year ahead. Lots of drama in the world should make for some interesting situations. We'll see... All the best guys.

Trading the Cable swings via averages

Yep, we all get a tad busy with family and friends at this time of the year. Our time may be better spent on reflection. Kids here are now on their summer holidays and the weather starts to warm up somewhat. Tomorrow we are expecting 40c so time to ...

Trading the Cable swings via averages

It is a good idea to check your performance to find what could be done better and what not to do again. This helps in the building of a trading plan ensuring all aspects are covered. Everyone will end up with a different plan because of all the ...

Trading the Cable swings via averages

The 4-hour made it only to bounce down again at D... image The monthly is showing the bears are still trying to break the bull support level. image

Trading the Cable swings via averages

Well. this week we saw the 4-hour AB=CD was hit and then some. Price then went on to test the next average swing low as the EMA broke the current swing low. All very normal actions and reactions in my book. image And what about the15-min chart? ...

Trading the Cable swings via averages

I don't know how you lose yourself tracking the swing levels. I would say it is very beneficial to not only track the levels but also comment them on your charts, so you get a good handle on the way the market moves. I am marking this 15-min chart ...

Trading the Cable swings via averages

Well, I don't actually track all that. What I am looking at is the average swings, then I look at the potential signals that take me there. Remember always, when the market is seen to be weak in one direction by the failing of the EMA to make the ...

Trading the Cable swings via averages

The art of analysis... 15-min chart. image This is the method I use to plot my work.

Trading the Cable swings via averages

It shouldn't matter in the slightest if it is the reversal point because your initial entry should be small and so you get stopped out for little losses. Taking signals then in the direction of the trend means you can compound your winnings with ...

Trading the Cable swings via averages

If we have a conflict like this look for the signals on the lower time frame to take price in the direction of the higher time frame. Sometimes it may well be that we have to wait a while but better to wait than to have a big drawdown. Consider this ...

Trading the Cable swings via averages

This last target hit was done in bull div so watch out for an up move.

Trading the Cable swings via averages

I wouldn't bother hedging if I were you because lack of experience can get you into a lot of trouble. Stick to the basics of average swing levels. They are far easier to deal with. Look here at the 1-hour chart... clear as mud hey! image Now if ...

Trading the Cable swings via averages

Gee, unlike you I traded quite a bit this last week and made many pips profit. The moves were big and even the counter moves were big also.

Trading the Cable swings via averages

It's not so bad. I have made +1 pip today.

Trading the Cable swings via averages