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- 40PipsAlan replied Jan 9, 2024
+37 pips today. M15 divergence, RSI above 70. Bounce off the 50% on the ABCD
Trading the Cable swings via averages
- 40PipsAlan replied Jan 1, 2024
Happy new year guys. We gonna make big money in 2024. A
Trading the Cable swings via averages
- 40PipsAlan replied Dec 29, 2023
M5 divergence at the top then made an ABCD. Got in for +18 pips
Trading the Cable swings via averages
- 40PipsAlan replied Dec 27, 2023
Not trading but practicing spotting H1 divergence. If I don't check charts regular then I lose the knack and have to start all over. I have found the M5 entry points as well. Just needs to be real time as well. Keep at it guys Arrows drawn manually ...
Trading the Cable swings via averages
- 40PipsAlan replied Dec 24, 2023
if it helps, I am concentrating on finding the H1 divergence and waiting on M5 for a signal. Should throw price over the EMA and if it doesn’t it will make a HH or LL depending which direction you are trading. Usually good for 20-30 pips. A
Trading the Cable swings via averages
- 40PipsAlan replied Dec 21, 2023
gonna defo stop now before my luck runs out. Merry Xmas guys and loadsa pips in the new year. Have a good one
Trading the Cable swings via averages
- 40PipsAlan replied Dec 21, 2023
M5 tells all. ABCD at the bottom and bull support on the daily open line. Shoots thru the H1 EMA and up to the H4 EMA.
Trading the Cable swings via averages
- 40PipsAlan replied Dec 21, 2023
M5 tells all but we need to go with the H1 overlay. Also wait for M5 support before doing anything as you can see from the first M5 ABCD failure
Trading the Cable swings via averages
- 40PipsAlan replied Dec 21, 2023
Here's another one for those brave enough to go thru 2 EMA lines. The hedge turned around on the H4 EMA and I expect there was divergence on the M5 chart to suggest that and probably at the bottom.
Trading the Cable swings via averages
- 40PipsAlan replied Dec 21, 2023
This is straining my brain cells to the max along with finding divergence at the same time.
Trading the Cable swings via averages
- 40PipsAlan replied Dec 21, 2023
I am concentrating on getting the right divergence signals so currently using a 20 pip SL with 40 pip TP on each trade or the last swing Hilo for SL and adjusting as necessary. I think the hedging might be helping with the DD as well instead of just ...
Trading the Cable swings via averages
- 40PipsAlan replied Dec 20, 2023
markets running out of steam so might call it week done at 5% on the account. Been trying to get to grips with hedging and when to hedge and its been a tough week. More practice needed
Trading the Cable swings via averages
- 40PipsAlan replied Dec 19, 2023
Managed +25 today. Markets slowing down
Trading the Cable swings via averages
- 40PipsAlan replied Dec 18, 2023
Whos a clever uncle Nala then?. Turned on the H1 50% as stated. Merry Xmas Nala A
Trading the Cable swings via averages
- 40PipsAlan replied Dec 15, 2023
Got in before the ABCD. long time waiting tho and one short trade hit SL before the big drop. Divergence at the bottom = time to leave
Trading the Cable swings via averages
- 40PipsAlan replied Dec 15, 2023
Yes boss. Still in there
Wasnt expecting that big drop. Saw the divergence on the H1 and jumped in for trip to the EMA. Lucky for me it went +100 pips heading for the H4 EMA and closed it just now before the weekend.Trading the Cable swings via averages