H1 ABCD i think it looks like this now...

Trading the Cable swings via averages

I moved too fast to BE the shorts and got stopped out... so now im flat just looking how price behaves

Trading the Cable swings via averages

It went to m5 ema with DIV so i close my longs with some profits and open a short... not clear for me now but after visiting the ema in m5 and under h1 ema as u saying...price should make new low i guess right?

Trading the Cable swings via averages

Long time?

Trading the Cable swings via averages

Good day everyone, Frankfurt it is closed so probably london will bring the action of 108... Wish u all a good trading week

Trading the Cable swings via averages

Thnks allan. Have a good weekend u too.

Trading the Cable swings via averages

I belive im doing something wrong. This is the one i was refering.

Trading the Cable swings via averages

Ok thnks for answering... Oversold or overbough i wanted to mean fast RSI above 80 or below 20 ... as a sign of exaustion. I saw h1 DIV and a pattern to complete in m5 so used as a ZOO point but i guess is not correct. So H1 div will bring price ...

Trading the Cable swings via averages

I had that one draw also happy that i can see same as u... Next step is trade same as u lol. Price very overbough at h1 and with RSI Div If we complete that abcd with m5 div could be good chance to trade back to h1 EMA? Also i can see u have ...

Trading the Cable swings via averages

very tricky for me today... took few small losses. Long way to walk i guess until i master the market with this approach.

Trading the Cable swings via averages

image image

Trading the Cable swings via averages

Thnks. Aha...I can see it now. I saw the m15 div and m5 and m15 fast rsi overbought so i ^though^ that was a reason for hedging but now i know that i should focus in m5 div better than m15.

Trading the Cable swings via averages

didnt u cosider a hedge when it got in the h1 ema and m5 overbought? also m15? I had couple of lost trying to long it at bottom, then a lost trying to short it... and now seated on my hands

Trading the Cable swings via averages

It is very interesting how a continuation Div (ABCD) make things harder or complex for direction. I was looking at this at H1 before considering the pictures u share... But as u told me last day we looking for failure so I guess that the ...

Trading the Cable swings via averages

I will be done before the AB=CD target but it looks like yesterday... very similar whole move, down and up. Small lots just for learning... First entry go stopped out at BE, this second one playing nice, i just close also small hedge...

Trading the Cable swings via averages

what u mean with this?Could u share a pic as example. thnks

Trading the Cable swings via averages

I was looking at this (H1&m15)when took that DIV for longs yesterday. I dont know if is correct but just my view at that time... Let see what Alan have to say lol.

Trading the Cable swings via averages

Thnks Alan. I am very y happy how things are unfolding. I really appreciate what u doing. God bless u.

Trading the Cable swings via averages

Improving step by step. I tryed short early in the morning and I got stopped out and then saw how price drop without me... Then i took a long at the bottom and it worked pretty good so i have my money back and some profits... I also tryed few hedge ...

Trading the Cable swings via averages

Great. Thank you very much.

Trading the Cable swings via averages