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- Bydyke replied Feb 4, 2019
H1 is posting a bullish Alan div. To me that looks like a warning.
Trading the Cable swings via averages
- Bydyke replied Feb 4, 2019
This happened a few hours ago and is still running. It doesn't happen all the time and is not as consistent as our volatile GU but it's worth mentioning what our System can do with other pairs. Cool 130 pips on M5 in a twinkle
Trading the Cable swings via averages
- Bydyke replied Jan 31, 2019
It's like the bulls have sound support at 3134, an old M5 average swing hi. It is backed by the Alan div formed at that point and is currently in play. Not so fast. Maybe PA wants to touch the M5 average at 3129 first.
Trading the Cable swings via averages
- Bydyke replied Jan 31, 2019
The last bullish Alan div on H5 that appeared about 15 minutes ago might now propel us northwards particularly as the H4 candle has just closed with a bullish doji. And for effect, PA has just breezed down to touch the H4 average at 3103 after about ...
Trading the Cable swings via averages
- Bydyke replied Jan 29, 2019
Is GU up to something. PA is going down but there are no Alan divergences. Could it be trap? Or is the 7am (GMT) H4 bearish Alan div now playing out?
Trading the Cable swings via averages
- Bydyke replied Jan 28, 2019
Yes, the last one on M5 is a hi-lo. H1 remains flat though. The old maxim says: when in doubt, do nothing. One thing I've filed in is that we now have a bullish H4 Alan div which should fetch 50 pips at least. That also means that the run of that ...
Trading the Cable swings via averages
- Bydyke replied Jan 28, 2019
What is GU up to? We have bullish Alan div on H4 and M5 as well as bearish Alan div on H1, M30 and M15.
Trading the Cable swings via averages
- Bydyke replied Jan 28, 2019
It's like the bulls are back! They are attacking M5 average at the moment
Trading the Cable swings via averages
- Bydyke replied Jan 28, 2019
To me both are valid. Meanwhile, am looking at the Alan div on M30 and am wondering if H1 average will usher in the bulls as it did last Friday. By the way, I have exited my shorts at 3151
Trading the Cable swings via averages
- Bydyke replied Jan 28, 2019
Here we are. As you can see from the chart below, the difference is not much between EMA 26 and EMA 29 but I am more comfortable with the latter as I monitor all the TFs at the same time
Trading the Cable swings via averages
- Bydyke replied Jan 28, 2019
I believe you are right because it is EMA 26. I am yet to thrash it out with Alan but I use EMA 29 because it seems to attract PA better Meanwhile, have you noticed the Alan div on M15? Let's see whether the Londoners can revive the bulls
Trading the Cable swings via averages
- Bydyke replied Jan 28, 2019
My shorts at 3192 and 3177 still running. Hoping to exit at 3158 (H1 average) if PA shows any bullish tendencies at that point, ie, 4 pips away. If the bulls don't show up, I will hold them to 3147.
Trading the Cable swings via averages
- Bydyke replied Jan 28, 2019
At present, that bullish M5 Alan div has failed to propel PA to the M5 average. The old H1 swing hi at 3180 is standing firm. The bears have taken out M5, M15 and M30 averages and are now targeting the H1 average at 3158. I know Alan doesn't approve ...
Trading the Cable swings via averages
- Bydyke replied Jan 28, 2019
Am in at 3192 on M5 run. Am uncomfortable with the bullish Alan div on H1 but so far so good
Trading the Cable swings via averages
- Bydyke replied Jan 28, 2019
I do have them on another chart (the H4 swing levels) but as you have taught us I notice that the H1 swing levels are the most efficient among all the TFs. Looking at your H4 chart, I am more convinced about my reliance on Alan div. You must have ...
Trading the Cable swings via averages
- Bydyke replied Jan 27, 2019
I agree. I just woke up only to see that PA hasn't moved at all. I have exited at 3193; will go back to sleep but will be ready for the London session. From experience, we are likely to see this same scenario, this time with proper moves, at the ...
Trading the Cable swings via averages
- Bydyke replied Jan 27, 2019
Shorted at 3200, SL 3218. Reason: commencement of M5 run off Alan div on M5. 2nd entry once the bear support appears I know some persons frown at trading during the Asian session. However, I have found out that whenever GU opens with a gap, the ...
Trading the Cable swings via averages
- Bydyke replied Jan 27, 2019
As the saying goes, everything works out from hindsight. Yes, the juicer pips manifested but on the upside. At the time of my writing, Alan div on H1 was bullish and had aligned with that of H4 but who would have thought GU will fly 140 pips ...
Trading the Cable swings via averages
- Bydyke replied Jan 25, 2019
By way of reviewing today’s trade so far, here is my submission. Alan, I hope you are watching. On H4, the bullish Alan div that appeared on 24/01/19 ran its full course after garnering 130 pips with the emergence of the bearish H1’s Alan div at the ...
Trading the Cable swings via averages
- Bydyke replied Jan 25, 2019
At present there is bearish Alan div on M30 as well as a bullish Alan div on M5. I will wait for a bearish M5 div to emerge or confirming candle formations before I short again. If, on the other hand, the parameters remain bullish, I will also ...
Trading the Cable swings via averages