Understood, thank you Alan.

Trading the Cable swings via averages

Did you manage to get all three stages in before bearish support Alan?

Trading the Cable swings via averages

Bullish 5m divergence for the hedge in the screenshot Alan. image .

Trading the Cable swings via averages

Hedged at +15 because of Alan bullish div on m5.

Trading the Cable swings via averages

All three stages in. Stops to BE

Trading the Cable swings via averages

H1 regular bearish divergence and bear support on m5.

Trading the Cable swings via averages

B, try this template from Alan. file

Trading the Cable swings via averages

Thank you for the markups Alan.

Trading the Cable swings via averages

H4 Alan divergence is there. Strange about the H1. I've checked both my broker accts and that 1H divergence is present in both feeds.

Trading the Cable swings via averages

Took 5 pips on hedge. Choppy at the moment. Maybe the MMs are waiting for earnings data?

Trading the Cable swings via averages

Shorts out at BE. Keeping hedge now as "risk-free" trade.

Trading the Cable swings via averages

Quiet here today. Am currently short despite bullish RSI div. on hour chart. image Hope my understanding is correct Alan in that since bulls failed at EMA I was looking for shorts on 5 min targeting the avg LL. 5m short on 09h00 candle as HD was ...

Trading the Cable swings via averages

All clear thanks Alan, do you primarily use the 5 min chart avg swings for this determination?

Trading the Cable swings via averages

Excellent Alan, think I'm going to make HDs my new best friends!!

Trading the Cable swings via averages

You shorted earlier today Alan?

Trading the Cable swings via averages

Spot on. Both RSI's now in the zone on m5. Bullish divergence as well. 2-bar test time for bullish signal.

Trading the Cable swings via averages

Just checked on that and seems like my MT4 is missing some data. Your chart is correct. Thanks for the heads up guys.

Trading the Cable swings via averages

Personally not seeing much on H1 yet but potential target for bullish movement between previous average swings and /or end of abcd. image If bearish (bulls struggling to breach avg. high atm) then target at 1.2903. image

Trading the Cable swings via averages

You can use tradingview. Add second RSI indicator and in options set length to 5, and choose RSI as the source and not the close. If it opens in a separate indicator window then just drag it to the 14 RSI window. image

Trading the Cable swings via averages

Nice catch Mike.

Trading the Cable swings via averages