perfection

Trading the Cable swings via averages

tssssssss that means you didn't hedge but reversed two times?

Trading the Cable swings via averages

sure. Again need to be careful with the M5 reg bull div but i am not hedged

Trading the Cable swings via averages

Perfect analyses! now awaiting the H1 EMA LL M5 just did that.

Trading the Cable swings via averages

Careful with H1 div and M5 too I am hedged at 45

Trading the Cable swings via averages

Did you reverse again, or?

Trading the Cable swings via averages

My shorts were closed with a small loss (at entry first trade) but I re-entered at the M5 HD M5 EMA trying to make a lower high now

Trading the Cable swings via averages

I am not the guru here! Had a hard time myself but getting to consistency lately. Although my problem wasn't understanding, but proper following the plan and execution. Just like you... with hard work and focus. And valuable support from Alan and a ...

Trading the Cable swings via averages

For me, it is, especially with that pin. But I don't know how strict Alan is about this.

Trading the Cable swings via averages

Your analyses are great, terrific student in Cable Swing Average Class . Perfect analyses of Mike's Short. He had good reason to take the Long too.

Trading the Cable swings via averages

Nice trading Mike! Congratzz I was distracted from screens, unfortunately.

Trading the Cable swings via averages

Now let's see if the bears find support on H1. (Who learned me to think like this? ). H4 is also below the EMA again.

Trading the Cable swings via averages

It's not that bank holidays mean less movement per se. What it does mean is that liquidity is low and thus any movement can go unexpectedly quick and wide.

Trading the Cable swings via averages

I moved my stop with M1 bars. That was triggered. When getting to the H1 EMA it didn't look to stop there. 40 pips for me was at 2697, possibly it will get there

Trading the Cable swings via averages

Done for today. With the bear div's on H1, M15 and M5 my take was down. Although countertrend. First trade was a loss. Then 2 nice winners. image

Trading the Cable swings via averages

12 M5 bars in an hour makes: 12 x EMA(26) = EMA(312) (12 x 26 = 312) So a H1 EMA(26) = M5 EMA(312)

Trading the Cable swings via averages

Same to you! Today is both UK and US bank holiday

Trading the Cable swings via averages

Theresa May resigns as Prime Minister and leader of the Conservative Party Ahh that going on

Trading the Cable swings via averages

That H4 EMA was reached with bear cont div forming. I am off guys, have a good weekend all!

Trading the Cable swings via averages

the spike high was my 40 pip TP, just the spread was inbetween argh Closed it manually with +30 pip image

Trading the Cable swings via averages