Find the H1 ZOO points. Lots to choose from. image Drop to M15 and spot the divergence. image Target the last EMA swing level or 40 pips. Easy in hindsight.

Trading the Cable swings via averages

Lets grab +35 back to the daily open.

Trading the Cable swings via averages

This is a trade from the Book of Nala. Bang on target for +46.

Trading the Cable swings via averages

I guess todays short to target took the long road.

Trading the Cable swings via averages

Many Thanks Benepamm. I have racking my brains all day with this exact problem, getting lines everywhere.

Trading the Cable swings via averages

Here's my work in progress so far. Just the exe file for now until I have finished it. We don't need lots of modified versions floating around.

Trading the Cable swings via averages

Nice Trading Alan. I was on the H1 charts and spotted the divergence on the weekly EMA so jumped in for a long trade. My target being the H1 last swing. In hindsight maybe I should have stuck another long trade on after the next weekly EMA retest. ...

Trading the Cable swings via averages

image EDIT:-Next target failure. Downtrend continue to LL Long trade stopped out for BE then switch back to shorts again.

Trading the Cable swings via averages

I guess the key here is a divergence signal at a SR level.

Trading the Cable swings via averages

Failed divergence signals here.

Trading the Cable swings via averages

A work in progress Bossman.

Trading the Cable swings via averages

Problem is Alan. Writing code to detect peaks and troughs. 2 Bull candles followed by a Bear isn't always the peak we need. We can throw in lots of other standard code like stochastic/CCI/RSI but invariably we will always miss some signals.

Trading the Cable swings via averages

Well. Here's a week from hell!!

Trading the Cable swings via averages

And drawing Trend channels on the M5 RSI. Notice the RSI divergence (price going down and RSI channel going up) in the middle suggesting an up move which doesn't happen, instead we get some more down move after a retest of the daily open line. How ...

Trading the Cable swings via averages

I guess you mean something like this Alan? Candle close when RSI is below the TL means Sell trade is ON

Trading the Cable swings via averages

Happy New Year Guys. Interesting how H1 support levels (close of the support candle) crop up time and again. Problem is screentime to look for H1 divergence at these particular ZOO points. A M5 reversal candle at these ZOO points is usually good for ...

Trading the Cable swings via averages

Lets grab another +35 pips today. Currently in a sell trade at BE.

Trading the Cable swings via averages

Some trading updates. Lots of ranging of late and little screen time. Finally a breakout long yesterday so target the high from the 11th Dec with Trade 1. H1 divergence showing so moved my stop up and got kicked out for +16. See a continuation on M5 ...

Trading the Cable swings via averages

Hey Alan. I start with my daily bias. Daily chart with lots of lines drawn in for the EMA swing levels. image I dont trade from this chart just use it to give me the direction i should be going in (selling mostly). I then look at the H4 for bear ...

Trading the Cable swings via averages

Slow and steady wins the race with daily chart trading. Winning and losing trades in the mix but keep the winners bigger than the losers.

Trading the Cable swings via averages