Nice, I think this is b/e for today?

Cable Update (GBPUSD)

You are right, everyone has its own trading style and system. I saw your tp and imagined your sl would be the same or half (just to keep a good r/r ratio). On the other hand, the market would easily go at 30, 25, 20. My words had a meaning that when ...

Cable Update (GBPUSD)

I don't say market won't go up, but why long at 36? Take a look of the picture. With such market, longs should have been taken at 24, or later at 31. For your long the sl should have been at 25-24 (personally would prefer 18??) Apologize for the ...

Cable Update (GBPUSD)

Bought the DB (was about 80 till 1.26) (but I am trading smaller tfs). As regard this trade, I was ready to take a 2nd trade (long), but see the next resistance: 1.2610, thus wanted to see what the market would test that level. Also was watching the ...

Cable Update (GBPUSD)

Posting 2 charts that I am sure everyone in this room has. I am not criticizing a trade (have made really BAD calls either), but at that level technical analysis "worked". 1.26 (about) was a support? Now resistance, price did what it was supposed to ...

Cable Update (GBPUSD)

I know it is late respond. You are right price was giving HL, BUT price could not also pass 1.3020lvl (I think on Friday it did 1.3030 and then reversed till 1.3070). Personally was expecting price to retest 1.3030lvl. PS according to the system, ...

Trading the Cable swings via averages

Have a nice time wherever you are going.

Trading the Cable swings via averages

I don't know your time zone, there was a short in gu at around 1.3070. Alan could have taken that trade at 77, but that trade was little early for my time (about 30min before wake up)

Trading the Cable swings via averages

Alan is that triangle (small one pointed downwards) correctly drawn? Ignore the large one Trade because of divergence on 5m, not only the one drawn but also ma was making lows and rsi making highs, HD on 1h and also 50lvl which was marked from the ...

Trading the Cable swings via averages

Thanks for posting ABCD's those are really helpful, but I am not sure if this one is correct. I would appreciate whether Alan could comment if this is a right one

Trading the Cable swings via averages

Quang, I am far from considered expert. I am posting my trades because I am expecting in any wrong in them, others to criticize them. Because some of them are wins, doesn't mean they are correct too, could be just luck. Thus don't take my orders as ...

Trading the Cable swings via averages

the 1st one closed at about 10pips the 2nd trade closed at target 1.3060. Now have long (after divergence) and moved my sl to be, but don't expect much from it.

Trading the Cable swings via averages

Basically today after Brexit delay I was expecting longs, but market has its own opinion. Not sure if 1st trade was correct. Took it because market could not go far beyond 1.31lvl and understood that movement as bull rejection at EMA. Target was ...

Trading the Cable swings via averages

Not all divergences work. If so we would have found the holy grail , you have to pick the divergence where you expect that price has exhausted. I can only speak for myself now (I am not an expert, thus my analysis could be wrong): Price did a ...

Trading the Cable swings via averages

1 trade that didn't work. Long at 1.3063. Market tried to do go to 50lvl but failed, divergence, D/2. Target normally is the EMA which price did, but got greedy. Moved price to BE, but don't expect much. Edit. The trade closed at 25pips!, posting ...

Trading the Cable swings via averages

2 Shorts on pound, after the news. Short late at 1.3088 (had that level into my mind even if I wanted to short earlier), because of the divergence. At that time price was close to EMA (I know mistake, but price could not pass 1.31lvl and had HD in ...

Trading the Cable swings via averages

In page 138, post 2,760 David had posted in a pdf file (large one-135 pages) the whole Alan's posts. This is a must (will read that on Easter)

Trading the Cable swings via averages

Alan you are right and in gu in general, after 10-15 I am moving my sl to be+1 and let the trade. The 1st trade that closed was long. Had the long at 1.3068 and target was 85. That trade was mainly scalping since I was looking to short from that lvl ...

Trading the Cable swings via averages

Hope that was correct trade (was expecting more), closed at 10pips and reversed. PS at EMA bull rejection took a 2nd short at 65 with target 55 and changed my 1st trade target at 55 too.

Trading the Cable swings via averages

Good morning all (my time ). I know Alan doesn't look the news, but this is something else. News are known to the market and more or less has valued them (except in extraordinary cases). Also in news you have the opportunity not to trade. Alan ...

Trading the Cable swings via averages