Great answer, I think I get the jist of it. To clearify, basically follow the m5 trend towards an h1 target. Not trying to change the m5 trend until the target is reached. The part of trusting the concept is key I reckon.

Trading the Cable swings via averages

No I don't look to the daily chart much. Could take forever until any signals plays out, and wicks against could more than well pay the day.

Trading the Cable swings via averages

This gets me a little confused, since we were trading below the ema on the hour chart. Shouldn't I then look for reasons to keep it there then since we should take inference from the higher timeframe? All in well meaning of course, simply trying to ...

Trading the Cable swings via averages

Yes in hindsight it is clear as day. But if there are the bear divs on h1 and bear divs on m5 that I want to trade short, shouldn't I expect m5 ema to be broken? Where you closed, I traded short. And then again on the next div with the 2bar test. ...

Trading the Cable swings via averages

Hi Alan. I am interested in how you handle the conflicting signals of bear divs in this upmove? Felt there was plenty of bear signals on the hour chart to look for shorts.

Trading the Cable swings via averages

Rather hefty indeed.

Trading the Cable swings via averages

Oh yeah, no I mean when I enter a hedge I never feel confident to close one side to bag the profits. Hedging is still lacking in my arsenal and I wonder how you use to play it in different scenarios.

Trading the Cable swings via averages

Hi Alan. I wonder how you would play this hedge when TP is right about made. There was more to collect on the bounce, but I always have a hard time to decide when to close out the original trade and move to BE. Thanks again for having me trade in ...

Trading the Cable swings via averages

And a chart to explain my explanation.

Trading the Cable swings via averages

If you don't mind me answering. I would say we are never certain, but working with probability rather. That is why taking inference from higher timeframe is important. When you trade from a h1 ZOO-point, you can look at which m5 ema levels that are ...

Trading the Cable swings via averages

Saw it but didn't trade it well enough. Like how it was at the next m5 ema lever as well.

Trading the Cable swings via averages

Lol. No thanks. Bye

Trading the Cable swings via averages

I mean, then why did you even post the first comment?

Trading the Cable swings via averages

Yes thank you, focusing more to get a daily tp then the actual profits since I am only trading a small account. Simply trying to get consistent.

Trading the Cable swings via averages

Hi Alan. I just wanted to share with you my progress to let you know that the effort you put in this thread has helped me become a much better trader. I went for a more aggressive approach to your challenge trying to double the account in 10 days ...

Trading the Cable swings via averages

How about this one?

Trading the Cable swings via averages

Guilty as charged..

Trading the Cable swings via averages

Thank you!

Trading the Cable swings via averages

And about when did you get to put stops at break even? I think I'd moved them too soon alas get stopped out from the hd. Which I guess would have been a signal to get back in

Trading the Cable swings via averages

Yes buddy I see the short entry. But I was curious when in this trade he decides to close the longs to grab it's profit. (also the 50% retracement on 1h as a zoo )

Trading the Cable swings via averages