It all depends on the speed of the move, don't you think? a 50% retracement will be at the ABCD target. image

Trading the Cable swings via averages

For the ABCD, why don't you put the indi from Des on your chart? it is amazing and pretty without errors. You will get the hang of it. For current H1 ABCD, the C is what you chose first, it is the first bar-close which crossed the EMA up. Then you ...

Trading the Cable swings via averages

H1 ABCD stuff and 2925ish I have no position.

Trading the Cable swings via averages

Your ABCD is not correct, MayFlower, and that's the one we consider instead of the AB=CD (from Alan's post) image

Trading the Cable swings via averages

Error: not taking the hedge at the Bull Div. image As soon as Price came below the HD horizontal line, I entered again Short. Failure to reach the M15 ABCD target. M5 not making a HH swing. As always will keep it tight. H1 seems the Bulls cannot ...

Trading the Cable swings via averages

Absolutely brilliant textbook stuff!

Trading the Cable swings via averages

I expected a move to the H1 EMA but I knew I had to be cautious with that cos it was against Y's trend. So I took the 108 Long, then waited (could have taken the short for a bit and that first Long which I kinda missed). The big Short, I missed that ...

Trading the Cable swings via averages

image

Trading the Cable swings via averages

Maybe put in MT4 Options / Charts the MaxBars settings at maximum?

Trading the Cable swings via averages

Yes, I use pending orders for the 3rd entry.

Trading the Cable swings via averages

Did you grab it, Mayflower? I think there is something to learn here in this thread

Trading the Cable swings via averages

.... sounds like a setup hey

Trading the Cable swings via averages

That was a Zoo with M5 div isn't it? Have to read it from a phone... with my eyes.... ...in a downtrend. With enough room to the M5 EMA to give it a go. Anyone?

Trading the Cable swings via averages

That's a rejection on the M5 swing high!

Trading the Cable swings via averages

Great!!! I am done for today. No chart, sorry, i am in the car

Trading the Cable swings via averages

Did you take it up too?

Trading the Cable swings via averages

Yes all same color, that does't bite. I only draw them on their own chart. I have 5 charts next to eachother and watch m5 m15 h1 closely

Trading the Cable swings via averages

It's a huge one you discovered image

Trading the Cable swings via averages

Zank you again! Hope you find some time to trade too, in between the coding!

Trading the Cable swings via averages

So, Alan showed the sideways stuff and his hands where blue from sitting on it. Then we get a breakout, we should trade that direction. I hope the trade you showed was not the only one you did. From a breakout we should trade the continuation ...

Trading the Cable swings via averages