That is why I don't really like to hedge. I prefer to close the trade once the counter divergence appears on M5 or PA behaviour in the absence of a divergence. Indeed, I was going to ask Alan the disadvantages of my position. I prefer to close the ...

Trading the Cable swings via averages

Bullish Alan div on M5, H1 and H4 (fresh) UPDATE: Not quite textbook but 3019 is looking like our bull support on M5

Trading the Cable swings via averages

GU is at its elements. After that burst to 3070, it suddenly became bearish with M15 and M30 candles in affirmation. Even the last Alan M5 div could not push PA past the M5 average. In fact, it is only the H1 average at 3040 that has held the bears. ...

Trading the Cable swings via averages

I believe we have all jumped into the bullish boat, destination 3100ish. I got in at 3030 off the Alan div on M5

Trading the Cable swings via averages

2 longs at 2954 and 2964 exited at 3030 even though GU is starring at 3050. Meanwhile, the last bullish Alan div on H4 has produced 210 pips so far

Trading the Cable swings via averages

Yesterday, London session opened with GU direction-less. PA had to get down to 2856 before GU found direction. Today has been more straight-forward. At present, it’s like the latest H1 bearish div has concluded its bit. That H1 div was not supported ...

Trading the Cable swings via averages

So sorry. Hope you fix it soonest. Meanwhile, textbook rallies are in progress on all TFs off bullish Alan div on all Tfs (M5 to H4). The targets on H1 are as follows on my chart. The average swing hi's are in green while the average swing lo's are ...

Trading the Cable swings via averages

Oh, thanks a lot.

Trading the Cable swings via averages

Yes, it's looking like it. The last bullish H4 candle is in agreement. But cable is capable of anything. Since yesterday, despite the positive signals, GU has sort of, been avoiding the 2900 area. So, I won't be surprised if it makes a big move ...

Trading the Cable swings via averages

But it has played out. Right now, PA is on M15 average at 2895

Trading the Cable swings via averages

How do I get my fast RSI to look like yours exactly? This is how I inputted: 1. From the indicator list, I upload the Relative Strength Index. I notice that at this point it does not show ‘previous indicator’s data.’ It is only after you have ...

Trading the Cable swings via averages

The Alan div on M5 is pushing us down to M5 average (2903 on my chart). Whether PA will get below it is another matter

Trading the Cable swings via averages

GU is in a directionless mode at the moment hence the quiteness. On my own chart, there is no Alan (RSI) div on H1. However, looking at PA, I get the impression there is a figure GU is targeting southwards before a direction will manifest. Does your ...

Trading the Cable swings via averages

The M5 and M15 rallies are back. Am in; target 2900. HD on M15

Trading the Cable swings via averages

It's a little bit puzzling to me. That H1 div appeared after the close of a bullish candle meaning it is bearish. But 28959 is still ahead. Meanwhile, we now have bearish Alan div on both M30 and M15 though M5 is yet to allign with them. To me, the ...

Trading the Cable swings via averages

Bullish Alan div on H4 thus signaling the end of the run of last Thursday’s bearish Alan div that fetched 170 pips on the stretch. Let’s see what this one will bring. The mission of the bearish Alan div on H1 on the hour is not clear to me but that ...

Trading the Cable swings via averages

Sweetly done. Hope you followed it right to 2830

Trading the Cable swings via averages

The H4 div has delivered the 100 pips. Now for the rest.

Trading the Cable swings via averages

If H4 div is in play, H1 div (tiny one at that as in this case) will not do much. For me, we've got our bear support on H1 at 2951 even though it's not strictly textbook. I had earlier said that the H4 div could deliver 100 pips from 3001 but from ...

Trading the Cable swings via averages

2944 is not sitting pretty at the moment. If it gives way, then the H4 Alan’s div is in play and so we should be looking at 100 pips from 3001. In fact, I believe it's time to begin to watch out for the bear support in H1

Trading the Cable swings via averages