That will do for the day +2%
2
Trading the Cable swings via averages
- #9,662
- May 14, 2024 6:08am May 14, 2024 6:08am
- Joined Mar 2016 | Status: Trader | 6,378 Posts
That will do for the day +2%
- #9,664
- May 14, 2024 6:16am May 14, 2024 6:16am
- Joined Apr 2019 | Status: Trader | 1,996 Posts
{quote} Well, well, well you easily beat me today. I am down -32 pips having been stopped out three times.
Hedges at the ready always. I am sure you will make it back easily Nala.
- #9,666
- May 14, 2024 11:31pm May 14, 2024 11:31pm
Time to review for yesterday trade. My MT4 have few problem, so i will use tradingview temporary as diary then.
Buy at 1 due to M15 DIV bull, and M5 HD bull, but exit later when price stuck under EMA + it look like form bear support on M15--> BE safe
Sell at 2 because M15 DIV bear, so is M5. Look back, that is very bad entry, as M5 not clear in DIV bear and even then, it already cross EMA, build support and close at exactly EMA swing level, which is prefer place for strong up --> Losss
I saw short signal at X, before strong news but don't dare to play, otherwise it is a good short.
Later, sell again at 3, trend i saw rather strong up --> it is only scalp. Price return to EMA on M5, enough for make up my loss
Result: safe, still in BE
Buy at 1 due to M15 DIV bull, and M5 HD bull, but exit later when price stuck under EMA + it look like form bear support on M15--> BE safe
Sell at 2 because M15 DIV bear, so is M5. Look back, that is very bad entry, as M5 not clear in DIV bear and even then, it already cross EMA, build support and close at exactly EMA swing level, which is prefer place for strong up --> Losss
I saw short signal at X, before strong news but don't dare to play, otherwise it is a good short.
Later, sell again at 3, trend i saw rather strong up --> it is only scalp. Price return to EMA on M5, enough for make up my loss
Result: safe, still in BE
- #9,675
- May 15, 2024 10:00pm May 15, 2024 10:00pm
Yesterday M15 move rather clear. The move begin at 1, with DIV bull and build support at 2. We can entry with DIV continous next
At 3, we have a good bull DIV signal show a reject of EMA.
At 4, is the only place i trade. We have DIV bear take price back to EMA
At 5 is another DIV continous show reject of EMA
Look back, everything is so clear. But the reality of situation is i saw nothing in live trade, and only get a trade at 4.
- #9,677
- May 16, 2024 1:16am May 16, 2024 1:16am
{image} Yesterday M15 move rather clear. The move begin at 1, with DIV bull and build support at 2. We can entry with DIV continous next At 3, we have a good bull DIV signal show a reject of EMA. At 4, is the only place i trade. We have DIV bear take price back to EMA At 5 is another DIV continous show reject of EMA Look back, everything is so clear. But the reality of situation is i saw nothing in live trade, and only get a trade at 4.
