On H4 I have 3003 On H1 I have 3006 and 3004 On M15 I have 3008 and 3002

Trading the Cable swings via averages

Yes correct around there. M15 has two Swing Lows just below us. I will play it tight, market trades in thin liquidity at the moment and it easy to bring price wherever they want.

Trading the Cable swings via averages

I trade from ZOO's

Trading the Cable swings via averages

The white charts to get an idea of direction: Daily prints a bit of HH's and HL's but it looks more like sideways: image H4 sideways: image H1 Bulls tried to go for it but failed: image Until we see a Breakout (false or/and directional) we'll ...

Trading the Cable swings via averages

What about this HuskyMan? image

Trading the Cable swings via averages

I think we first have to see that the market is getting tighter: image Your main idea was the H4 with the Bears found support. That was agood point but we got to think on what we see from the Average Swings. Around 108 we had bull Divs on all ...

Trading the Cable swings via averages

Very good you kept it tight!

Trading the Cable swings via averages

Day is done for me. H1 Divergence brought price back to its EMA. That was my expectation, therefor bought the market. Then at the H1 EMA looking for a reason on M5 to short it. image Lot sizing: Long with 3-phase entries as per the risk rules. 2nd ...

Trading the Cable swings via averages

Nopes, I wasn't sharp at all. Just a small profit. I took the first Short for a small loss. Then the second Short for a nice profit. Then a small loss on a first Long. Then a 2 step Long which I closed too early.

Trading the Cable swings via averages

Here is a possible breakdown of yesterdays chart image And look how nice the second leg of the sell off was an exact measured move from the first leg: image (no '50% boxes' added to the pic)

Trading the Cable swings via averages

I was far too late to enter! I did it on the bar close. I remember I wasn't at the screen for a bit of time, returned and saw this HD + Pin. Sorry, I should have marked that on my chart. Allan wrote: We don't take HD on the close, we take them when ...

Trading the Cable swings via averages

Look at the swings, higher lows om m5 and m15. And the pinbar on HD. Of course my exit was because of divs.

Trading the Cable swings via averages

Yes, yesterday with that tight range was difficult when you (like me) missed the initial trade before 108. Look at my charts, H1 ZOO's, which did work again, before 108 bar a nice Long at the double bottom from the Asian session. Look at the M5 for ...

Trading the Cable swings via averages

I just want to say before the weekend starts, that I developed a deep understanding of the GU moves by studying the EMA26 swings and bounces on TF's between H4 and M5. Last two days in that tight range, then that move up to the M15 EMA swing high in ...

Trading the Cable swings via averages

Terrific stuff and trading HuskyBoy! congratz!

Trading the Cable swings via averages

The problem with backtesting this by viewing charts is that the 8 period fractal indicator could have given an earlier setup (which we don't see in a historical chart). That setup can run in a loss and we will not spot that in the backtest. Later on ...

D1 Elasticity Pullback Trading

That's well stated. The sooner you get that the better.

Trading the Cable swings via averages

I didn't want to short before one of the ZOO's I had in mind: 1.3097 level visible on H4 1.3112 Swing High on H1 First I took a Long with one position with full risk because it was trading with the trend. Closed after the M5 bar closed at ...

Trading the Cable swings via averages

I received this picture from a trader, who took the Short (just like me). Great to see this trading from a ZOO image

Trading the Cable swings via averages

I think that has to do with this behavior of the 26 EMA Humps indicator: Problem is that the line should stay until the EMA breaks the horizontal line (and not Price itself).

Trading the Cable swings via averages