Retraced meanwhile 50 procent back from the previous h1 ema swing high!! And did that with m5 div on the top! That's why Alan calls it the Cable Swing strategy But i am afraid traders are glued to the divergences and then you can get lost. ...

Trading the Cable swings via averages

And that was the target, mentioned twice. 1.3072 and 1.3074 are previous swing highs H1 M5 divergence 10 pip reaction

Trading the Cable swings via averages

Also there are the hedges. I am not a specialist on that. In this case, I don't see a div at the top, so no hedge this time.

Trading the Cable swings via averages

A few notes on that. I don't see that second entry as a separate trade, you are just more or less Long from that terrific Buy entry from the bottom (Well done!) So a BE+1 makes no sense to me. Alan mentions he takes 50% exits which would have been ...

Trading the Cable swings via averages

That's a precise projection image

Trading the Cable swings via averages

That exit at 1.30266 would have been a great entry Long up to the 1.3072 image

Trading the Cable swings via averages

Out at EMA swing low M15 M5

Trading the Cable swings via averages

will keep it tight

Trading the Cable swings via averages

H4 trying to find Bull support. H1 Bulls defending their position in this resistant/Support area (upper pins yesterday / lower pins today) M15 Bears found support M5 Bears found support I lost some up to now in that mess but I am short now

Trading the Cable swings via averages

Now I am curious to see if the Bulls or the Bears will find support on the H1 EMA. That EMA is flattish now. If the Bulls will get in control it might go to 1.3072. If the Bears are going to do the job, than it's 1.2914 with the EMA printing a Lower ...

Trading the Cable swings via averages

Here is your picture with a correction. image Got it? (I am not sure if we normally call "A" what I called A on this picture but for the method that doesn't matter).

Trading the Cable swings via averages

I am successful with trading from a ZOO. As a kid I hated them because they stink, but the older I get, the more interested I am. Today before 108 bar Price came into a Zoo (Zone of Opportunity) from Sunday night (H1 chart). M5 showing divergence ...

Trading the Cable swings via averages

url url These posts contain good examples.

Trading the Cable swings via averages

It hesitated a lot there, divergence indeed and pins.

Trading the Cable swings via averages

Hi Kevin, yes it is Alan's method of setting up the 3 phase entry. Probably you forgot it, so better get back to the beginning of the thread?

Trading the Cable swings via averages

Thank you GHBDR for your generosity by sharing this promising system. I did 2019 backtest on several pairs (trending and flat) and that sure looks good! I just wonder if you have a validation 'standard' for the elasticity, when is it big enough to ...

D1 Elasticity Pullback Trading

image

Trading the Cable swings via averages

Comparing the lows of the price bar with the low-line on the RSI_Hidden indicator sure gives divergence information but it is not Alan's HD concept which is described here: file

Trading the Cable swings via averages

I had the same fight last year and mine was harsh. Some trader friends from this thread gave terrifically advise like: "I have a few absolute rules that I stick to, like never countertrade in a strong trend, never add to losers, step away for at ...

Trading the Cable swings via averages

1) the white little lines in the price windows are Two Bar tests instead of divergence. 2) yes 3) not sure what you mean, sorry 4) That is EMA(78) which is 3 x 26 and thus equals the EMA on the next higher TF M15. I had the same fight against fear. ...

Trading the Cable swings via averages