Darn it missed the RSI div on the 5 because I was typing.

Trading the Cable swings via averages

Bull HD forming on the hour, but I cannot two bar test it!

Trading the Cable swings via averages

I just scalped that move to the 5 min average low for $7.43 profit. If price breaks below this, then I have no clue where it is going.

Trading the Cable swings via averages

I suppose the words are "How low can it go" I will be hand sitting once again waiting for some sign of a signal.

Trading the Cable swings via averages

Nuts!

Cable Update (GBPUSD)

So, I am done for the week having caught up the deficit. image I don't worry at all about falling behind a tad since there is always a move to help catchups happen. There is always another day.

Trading the Cable swings via averages

This one-hour Magenta ABCD gives us two target options I elect to trade the shorter distances, cleaning off the larger one. Price is stuck at the C point just now. image Sit on hands time.

Trading the Cable swings via averages

This is a zone I don't trade because of the battle at the EMA Trading to the EMA is OK but on it not so good. image We need to see the bulls find support above the EMA

Trading the Cable swings via averages

Not sure what you are referring to here other than seasonal volatility which tends to have some effects on the markets. As far as price structure and the way it moves, I haven't seen anything change for many years. I would expect it to continue till ...

Trading the Cable swings via averages

That stopped me out too, but I got back in again. $112.05 profit for that trade, so I only need about $3 today to keep up the daily average.

Trading the Cable swings via averages

If EMA is to make a LL (which it has) Then price should test the next level. (Which it has) image These little rules are of major importance. All the signals are there. 1) Starts at the top with a Hidden Bear Div. 2) Bears find support below the ...

Trading the Cable swings via averages

At last, a little price action happening albeit while I was asleep. That small ABCD now looks sad against the much larger one now setup. Price has already checked out the 50% of D. D itself is way up there close to next average swing high. If the ...

Trading the Cable swings via averages

Look at that, one ABCD rejected at the 50% level, and it wasn't even 10 pips. image Might look in later, eyes getting tired of videos

Trading the Cable swings via averages

Gee this is stagnation on steroids, got $3.53 in the bank so far.....Whoopeeeeee! On the bright side that is 0.01%

Trading the Cable swings via averages

Still not seeing much to shout about. So far this week I have only been able to scalp, not a trade in sight. Grrrr

Trading the Cable swings via averages

Hopeless day again so not disappointed then. Better than yesterday at $12,31 but now I am a day behind schedule. Played 7 trades and lost 2.

Trading the Cable swings via averages

If this 1-hour EMA is going to make the average LL then it is a long way down for price to reach the next level.

Trading the Cable swings via averages

Well doing nothing is a better option than losing. Waiting is the name of the game.

Trading the Cable swings via averages

This was my sad effort.

Trading the Cable swings via averages

Yep, and I am short on that inference. Locked in a little profit. Bugger just got stop out again for a small prize $5.69 My fault though because I put my stop too close

Trading the Cable swings via averages