Strange but I didn't have an ABCD there. My daily did not close across the EMA. Where it has crossed was also not an ABCD because it chops off a top on the RSI.

Trading the Cable swings via averages

The reason I call it the 108 bar is that is the approximate London open so that is where I start looking to trade. So, if you set your cycle lines to the London open and stretch it to the next open you will be in the ballpark whatever charts you ...

Trading the Cable swings via averages

You nailed that exactly... Well done.

Trading the Cable swings via averages

This is difficult at this time. The 4 hour has reached the next average swing high but the weekly is sitting smack on the C level. I would like to see a bear div on the 4 hour to short this but that will take some time so I will sit it out for a ...

Trading the Cable swings via averages

Here on the 30min chart is an actual example. Note how the 75% level (our stop) was tested a couple of times. We shouldn't be risking more than 1% so we are rewarded with 4% This was only a 16.5 pip move and took about 4 hours. The target D level ...

Trading the Cable swings via averages

My apologies for this I thought you were referring to ABCD's since AB = CD are so simple.

Trading the Cable swings via averages

This is what an AB = CD looks like, they are very common moves. If you get your trade on at C the stop should be at the 75% level. This is a 1:4 risk/reward with a single entry. Multiple entries result in higher rewards. This is why we look for the ...

Trading the Cable swings via averages

Well put... Failure is probably the most important thing to be on the lookout for. Weakness is pounced upon by the aggressor. It's a jungle out there.

Trading the Cable swings via averages

It takes many pages to rewrite all this. Do you really expect me to write it all over again.

Trading the Cable swings via averages

Not even close to the above. You seem to be assuming much and understanding very little.

Trading the Cable swings via averages

By the way I would also draw in the same ABCD you have there because I have never found which is the correct one, so I use both. Can't hurt hey! I'm not trying to save ink or anything.

Trading the Cable swings via averages

Mine is drawn like this because the top is in divergence. I always take the shortest target. I don't use the indicator; I draw them in manually. Now for your EMA's. All the EMA's are 26 period relative to the time frame we are looking at. So, on the ...

Trading the Cable swings via averages

What is EMA H8? Price bounced at the 50% on the 1 hour chart... These are the ZOO points to watch for at the lower time frame charts.

Trading the Cable swings via averages

On the 4 hour. The average has made the HH and price has hit the next average HH in divergence. This suggests a return to the EMA which it has now done. Now we see if the price closes below the EMA a new ABCD will be formed. So, we have a waiting ...

Trading the Cable swings via averages

Well, that took some time and effort but finally made the4 hour D target. Good profits made trading long at the lower time frames.

Trading the Cable swings via averages

That is correct. It is so far refusing to hit D or D1 on the 4 hour. I completely missed that up move because I was asleep. The 4 hour average failed to make the LL so it tested the opposite side and reached the next level which it is supposed to do. ...

Trading the Cable swings via averages

Look at the level the 4 hour is heading for....20792

Trading the Cable swings via averages

I am keeping an eye on this 4 hour signal. Note how it was stuck in the range for quite some time.

Trading the Cable swings via averages

Yes and now we are seeing bullish divergence across the time frames

Trading the Cable swings via averages

At last, it has finally hit the D1. Only took a couple of days hey! The next swing low average is down at 2075. On the hour chart.

Trading the Cable swings via averages