With bearish divergence on M5, I took 30 pips from there

Trading the Cable swings via averages

Hey Alan! That's not a rule!! Have a good time! We'll watch the store!

Trading the Cable swings via averages

Did you notice H1 trend is up, slowly but for a week now?

Trading the Cable swings via averages

The H1 guides with an EMA double or triple bottom and made a new high. The spike down stopped at H1 EMA swing low which was my ZOO The M5 divergence was the trigger to get in a Long image

Trading the Cable swings via averages

I am very glad you shared that hidden divergence indicator, it does a great job.

Trading the Cable swings via averages

A ZOO is a Zone of Opportunity url and the next post. You can do a search with the forum search box.

Trading the Cable swings via averages

I saw them all and acted well today. Just that I did not take another trade on the HD since I was done.

Trading the Cable swings via averages

I think I am grateful David

Trading the Cable swings via averages

Awesome David! Although I read your comments how to extract the files, I can't get it done, got a message that the archives are corrupted. Am I the only one?

Trading the Cable swings via averages

Aiii, thank you image

Trading the Cable swings via averages

there was quite a nice reaction to the H1 ABCD 50% and the AB=CD image

Trading the Cable swings via averages

your ZOO is also 50% retracement of yesterday's range

Trading the Cable swings via averages

Good day all. Hard to develop a plan. H4 divergence brought price back to the EMA. Question is if the EMA is going to print an HL. H1 divergence brought price above the EMA. Will it run into Bull support while printing a new EMA HL?

Trading the Cable swings via averages

From the white charts profile I do understand why you still target 3218 Alan

Trading the Cable swings via averages

Yeah there was 10 pips for you with the M5 HD

Trading the Cable swings via averages

I am short cos of the M5 div will keep it tight. interested to see M5 MA development

Trading the Cable swings via averages

Great you post this, brave and helpful and thanks. H1 made that HD. but there is only room for 20 pips maximum to its EMA, which is making HH & HL

Trading the Cable swings via averages

That's very good. I wanted to take out your reserve to trust the method. Yes GBP can possibly bring harm when it spikes over the stop. let's assume 500 pips... that's a few weeks trading profits. For me no problem, I don't trade overleveraged.

Trading the Cable swings via averages

well, from long term experience I can tell you that doesn't work. I have the idea Alan's trading methodology is worthwhile to adopt

Trading the Cable swings via averages

Yes, it was that 8:45 on M5 that gave a micro-tiny divergence within the indicators. and later on the bulls finding support. Nice observations and thoughts on H4 (No bull support on my chart) and H1, good thinking.

Trading the Cable swings via averages