Ha ha now from this blow up I see it didn't hit your D1. I don't use the indi, I prefer to plot the stuff by hand. Gives me something to do to pass the time.

Trading the Cable swings via averages

It is hard for me to see the blue lines on a black background but it loooooks like Your ABCD hit the D1 also.

Trading the Cable swings via averages

Now on the 4 hour... If the EMA is to break A then price should attempt B. image

Trading the Cable swings via averages

Now I see why, it was because I had it as a smaller one that hit the D1. I remember now that I had to look at the closing prices for B and C and there was only about a pip in it to make C a tad higher than B. The coloured triangle on this chart... ...

Trading the Cable swings via averages

Dear oh Dear how did I miss that?

Trading the Cable swings via averages

Is it too early to say we are finally breaking out of the 50% on the weekly. It has only taken 44 weeks thus far

Trading the Cable swings via averages

Yep, that is what I do.

Trading the Cable swings via averages

Yes, this is mostly true, however, we also need to address if we would like to hedge or not. I always assume that a bear div above the EMA is going to be a scalp, but it is often the case where a scalp turns into a trade as it crosses the EMA and ...

Trading the Cable swings via averages

When looking at your charts consider all of the below... image I think the main point to take from this is where the failures occur and turn the market around. The market will always jump on perceived failures and the opponents have a tough battle ...

Trading the Cable swings via averages

I'm speculating that on this NFP day the bulls will attempt a breakout of the weekly 50% levels of the current ABCD, image Such a lot of political unrest in this world today we have to wonder what on Earth is going on when people are so ...

Trading the Cable swings via averages

Getting down to the lower time frames we see the hour chart is holding in the 50% ranges of the ABCD... image The fact is it is now sitting at the C level exactly, so who knows which way this will break.

Trading the Cable swings via averages

Yes, and if we take a look at the monthly chart, we see it is clearly holding onto the average keeping it in a tight range. This is what I have been keeping an eye on... image As far as the 4-hour chart is going, no losers this week but definitely ...

Trading the Cable swings via averages

Except for the last one. LFTD = Lower Frame Time Divergence. Whereas I use LTFD. I just like to mark the chart to remind me of why the trade was on when people ask me. Gone are the days when I could remember all the stuff I have forgotten.

Trading the Cable swings via averages

Awesome! image Nice string of wins shown here on the 4 hour... Only one loss. image Roll on Monday...

Trading the Cable swings via averages

No, you are correct, and it is taking a long time to cover 40 pips.

Trading the Cable swings via averages

It pays to add little comments on the chart to remind us of what may happen... image Then at the appropriate time we have something to look forwards to.

Trading the Cable swings via averages

Maybe you should code it to draw the lines for you to help spot them.

Trading the Cable swings via averages

I saw the first one, but it was something like 15 pips to the swing level, so I wasn't interested. The second one I saw was short on the 15 min chart but again the target was only about 35 pips, so again not interested. The third was an RSI bull div ...

Trading the Cable swings via averages

I can't see a target worth 40 pips + so not trading thus far.

Trading the Cable swings via averages

You keep showing only a part of the story. What is your target? What is your stop? I would have this drawn on my 15 min chart... image On Trade1. The target was the swing high average just about squeezing in my 40 pips even though it ran on much ...

Trading the Cable swings via averages