Yes me2 with 3. I hedged it on the Low which is a ZOO in M5 div. Took the hedge of at the M5 EMA so I am net short again. Let's see if it is able to break YLow's. I have some doubts cos of M5 div. M15 ABCD point to 50% = 1.2921 and 100%= 1.2906

Trading the Cable swings via averages

Asoriga, do you delete the horizontal EMA Swing high/low lines from your charts, once they are passed by the EMA?

Trading the Cable swings via averages

Because Price already dealt before with that EMA swing high, and the M5 is making EMA HL and HH is nearby. Within an H1 trend. image

Trading the Cable swings via averages

Good to have you back Alan! Thank you!

Trading the Cable swings via averages

That didn't even appear to me and i make that same error once in a while.

Trading the Cable swings via averages

Hi Kevin, Sorry, I was off and could not respond to what I read on my phone. I did not want to do anything around 108 bar because of that flat H1 EMA I had no guts, altogether with the upcoming interest rate News, I wondered if there would be any ...

Trading the Cable swings via averages

That's a very flattish H1 EMA going into the interest rate decision this afternoon

Trading the Cable swings via averages

"Should be heading..." "The only option was..." I also targeted D but I was more flexible.

Trading the Cable swings via averages

Just a question, I don't need answer: or is it distracting that Price didn't go for the H1 target you have at your chart?

Trading the Cable swings via averages

Husk, the choice was to be made at that 1.3003 The initial short before 108 bar was a good one IMHO.

Trading the Cable swings via averages

Nice that chart Alan! Today's low is indeed the 50% CD, in divergence.

Trading the Cable swings via averages

I shorted too at 1.3025 just before 108 bar. The Zoo was the H1 EMA with divergences from H4 to M5. Indeed the H1 ABCD targeting 1.2982 which gives enough room for a trade. I entered in 2 steps and took it off at 1.3005 which was S/R to the left, in ...

Trading the Cable swings via averages

I am at least 30 minutes before 108 bar at my computer to check the overall chart from Daily (even weekly) down to M5, study Asian session and from there on define the ZOO's and make a plan.

Trading the Cable swings via averages

So hot overthere! We are in winter time but it never comes below zero degrees these weeks. It's rainy. We should mix!

Trading the Cable swings via averages

Hi Allan, welcome back! Hope you are doing well!

Trading the Cable swings via averages

It is very important to get in a trade early, meaning to Buy cheap and to Sell expensive. That's what you do too when you buy or sell a car, isn't it!!!! Trading currencies is not different from buying a wash-machine at a discount. With that in ...

Trading the Cable swings via averages

Okay, errors indeed. You know what you got to do, right? Main problem is between your ears. I have been transparent in this thread that I dealt with such issues myself first half of 2019. Trade with tiniest size. In PM we discussed the mindset issue ...

Trading the Cable swings via averages

I missed the initial Short, that happened before I was at the screens. image

Trading the Cable swings via averages

I call it a day, it's enough. image Exit at 50% retracement = EMA M15

Trading the Cable swings via averages

When you have time, post your chart with all your trades. A serious loss is not necessary.

Trading the Cable swings via averages