I agree! although it now appears that the bears have found more support to make a new LL

Trading the Cable swings via averages

this was my inference when I decided to go long. A div should push the price back to the EMA. But you also said it might not and then the price will make a new HH / LL. So my reasoning was "where could the price fail to hit the H1 EMA?" So I put a ...

Trading the Cable swings via averages

I thank you for the answer. let's see if Alan has any other gems to share with me. I have read the first 150 thread's pages several times but I still have some insecurities that will only be resolved with experience. obviously the comments for ...

Trading the Cable swings via averages

So I should have looked at the bear divs on the M1 for the hedges? and how would I know if the hedge would become the main trade? maybe if the bears found support below the M1 EMA?

Trading the Cable swings via averages

Where would you have gotten a hedge for the long? and when would you close it? Thanks for your help

Trading the Cable swings via averages

I got my 40 pips. however it is not clear to me where I should have put the hedge. I thought it would be okay to put it on the bear support but I'm not sure. I was confused at the time after the price broke that support. I closed the hedge when the ...

Trading the Cable swings via averages

Thanks for your feedback. I really appreciate it

Trading the Cable swings via averages

I took this short. Inference on M15, price on the EMA. RsiDIV on M5. Target AB = CD. Comments? image

Trading the Cable swings via averages

thanks a lot Alan and Fantaburk for the kind answers. So it is in most cases a divergence that generates a failure. This divergence is more important if it occurs in particular areas such as previous EMA swings. I will continue to study. Greetings

Trading the Cable swings via averages

I'm still busy reading the entire thread. I understand that the backbone of this trading style is the EMA 26. I have read many times about the failure / success in creating a new HH or LL. Success is clear (overcoming the previous swing) but I ...

Trading the Cable swings via averages

Today I did this for 46 pips with a tight stop of 6 pips. I had seen bearish support on H1 and I entered on bearish support M5. But I have to say I'm sorry I'm not in with the short one yet image

Trading the Cable swings via averages

Thanks Nala. I have to continue studying. Although I am convinced that I have seen some old graphs where B and C are on the same side of the average

Trading the Cable swings via averages

I realize that I have completely mistaken the reading of the graphs today

Trading the Cable swings via averages

stopped at BE. Maybe I should have closed the short on the completed 5 minute ABCD

Trading the Cable swings via averages

image image I closed the hedge on that bearish div with a few pips loss. I don't know if I should have put another hedge on the next bearish push as we are still diverging and right on a medium swing. I see no impediments to the next goal 2445 but ...

Trading the Cable swings via averages

small scalp. Inference from M30 (bearish div and price on average swing) + 4.34% today image

Trading the Cable swings via averages

+3,80% I could have kept up to target 125630 but that's okay so I'm satisfied for today image

Trading the Cable swings via averages

I saw that HD but I wasn't confident enough. I need to improve on this. What was stopping me was that on H1 the bearish div had not yet sends the price below the EMA and this could be a sign that the bulls were still strong. Then I gained confidence ...

Trading the Cable swings via averages

Hi Nala66. Thank you for your work. I still have to improve the reading of the charts but despite having a 40% profit trade, I have earned 3% of my account in the last week. Today I lost two trades but then I recovered with the down rally image

Trading the Cable swings via averages

Hello guys! I'm still very busy due to my work. No much time to trading. Currently I can only studing charts. I'm stuck on trade #6. I hope to do more next week. Congratulations to @aadedare, nice work mate!

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