Yes Alan, i know that's the reason for pointing them out but in this case the D was already reached so I left them behind. Thx for correcting me, so i can inprove with your strategy Glad you are back.

Trading the Cable swings via averages

Alan, thx and that AB=CD was completely wrong, I believe this is better( I didnt mark the + and - zone cause the C wasn't excactly at its 50% level) image

Trading the Cable swings via averages

H4, EMA needs to break 1,30453

Trading the Cable swings via averages

yesterday an ABCD got filled, today the AB=CD got filled image

Trading the Cable swings via averages

sure did, bought every pullback in divergence at a level. Closing the trades at a level is still a problem. I am not sure but is your RSI 5 set to previous indicator?(see post 28) image

Trading the Cable swings via averages

image

Trading the Cable swings via averages

image another fine entry on friday, ABCD on H1, bear support formed on H1 an price ran into C( and other levels) with a divergence on M5 and off to EMA swing low H1. realy have to find those inportant levels when live trading

Trading the Cable swings via averages

Thx Jazz, the inportance off levels needs te become clearer in my mind, have to remember that divergences only are the mechanics to get to those levels and divergences around those levels needs to be respected. Lesson from today is that there was a ...

Trading the Cable swings via averages

Thx Phillip, i knew that but that bear div made me hesitate.

Trading the Cable swings via averages

great Jazz, but were you trading before 108, there was a bear H1 div (first Arrow), price didn't get to the EMA ,so price went up and again it ended in a bear RSI/RSI div (second Arrow). How did you trade that, long or short? image

Trading the Cable swings via averages

who got that drop, bear div H1 M5 at prev ema H1 swing high? Now see if the bears find support H1

Trading the Cable swings via averages

and see how it went to the previous h1 ema swing low with a m5 div at the low and completely retraced to that h1 ema swing high!!! At least thats what it did on my m5 chart with a 312 EMA Humps MA breaks line on it (26x12), but i dont see those ema ...

Trading the Cable swings via averages

like you say, no divergence up there so I guessed it would go higher, thx Jazz

Trading the Cable swings via averages

image Jazz, how to manage the SL off that second long, I first set it to BE +1, then after that pullback i placed it there and got stopped out. Do we let it at BE +1 and going for the target, next swing H1? afk

Trading the Cable swings via averages

great

Trading the Cable swings via averages

thx Jazz, always having problems with HD. But dont we have to look at the price bar lows to the RSI lows and vice versa, otherwise we wouldn't be needing that indi?

Trading the Cable swings via averages

around post 4894 you find explanations about the ABCD; a lot of the ABCD's in the beginning off the thread are drawn incorrectly

Trading the Cable swings via averages

Hi Del, for me thats not a valid ABCD for some reasons; the main reason is that if you connect your point A and C with the RSI14 they aren't in divergence, A and B should be on the same side off the EMA..... An ABCD is a triangle based on a ...

Trading the Cable swings via averages

image HD was also confirmed by a reg bull div H1

Trading the Cable swings via averages

Jazz, doesn't the C has to be the 50% level of the AB? But i wasn't sure about my drawing and perhaps shouldn't have posted it, I only wanted to show what I was looking for when I entered the short. Anyway thanks for your comment, its the only way ...

Trading the Cable swings via averages