No worries. I just loaded the chart you showed, it looks like mine is a tad different... image D was hit exactly to the pip. Toodle pip.

Trading the Cable swings via averages

It took about 7 hours yesterday to reach the target on the 5 min chart. Hope the speed picks up a tad before Christmas. image

Trading the Cable swings via averages

Well, the 50% levels on both sides are critical because if price stays between these two levels it is ranging, we then need to see a breakout of these 50% levels. Often the best trades are when price has actually hit the D1 or D targets and if in ...

Trading the Cable swings via averages

I must be getting old because it took me a while to work out what was wrong here. The chart appeared to be the complete opposite of my 4-hour chart. Then it dawned on me like a bolt from the blue. Yours is not the GBP/USD so I cannot comment. I only ...

Trading the Cable swings via averages

1.2820 is the bottom of the monthly up channel. If you believe in channels that is.

Cable Update (GBPUSD)

Today's US bank holiday is not presenting much to rave about.

Trading the Cable swings via averages

Well, this is interesting because I always used the div pivot but amended this to be the pivot price was in div with. The reasoning behind this is that it presents a shorter distance target so even if it runs on to the div pivot target we still win. ...

Trading the Cable swings via averages

G'day mate. You have the charts ABCD a tad wrong. You have A at the divergence pivot, it should be the one before. It has hit the D target in divergence to send it short again from the D ZOO point. Should look like this... image

Trading the Cable swings via averages

No, they are all for MT4. If you show them to a coder maybe they can copy them in the MT5 format.

Trading the Cable swings via averages

[quote=eliotjng;15022894] Alan, I think you said we should forecast first, so we got general where price may go? Of course that is my plan but if signal say different thing, i won't trade. Well, if I did say this it was probably in the context of ...

Trading the Cable swings via averages

Still no movement of the 4-hour average low = still sitting on hands. image

Trading the Cable swings via averages

This is mostly dangerous stuff. Trying to forecast the event is at best 50/50. I look for the signal and determine where it is trying to get to, then add trades when it verifies the direction is correct. See the 4-hour at the moment. The EMA is ...

Trading the Cable swings via averages

Today's trades were mostly RSI divs with 1 HD thrown into the mix... image I like the divs to be at ZOO points which you can observe from the chart here.

Trading the Cable swings via averages

Remember you are in the learning to drive a car stage, when it becomes automatic you will not understand why others can't see it.

Trading the Cable swings via averages

Nearly there on the monthly... image

Trading the Cable swings via averages

My Take = image

Trading the Cable swings via averages

I am beginning to wonder if this drive north is going to hit the swing high average this month... image It doesn't look to be too difficult a task.

Trading the Cable swings via averages

Been a busy day today. Up then down then up then down again. Here are my plots for the day... image I closed at that last green arrow down, about an hour ago but I was waiting to see if the average made a LL.

Trading the Cable swings via averages

Here is todays 5-minute result Bill. image

Trading the Cable swings via averages

Yesterday's 5 min chart for Bill. image See how we had an ABCD followed by a bear div when Europe opens. (Even if we took the earlier one 20 minutes previous, we would still not have been stopped out. A bear div is supposed to cross the average ...

Trading the Cable swings via averages