Trading the Cable swings via averages

Just got the thread. Reading. Thanks and
Regards

Already shorted at 2668, SL at 2683

Alan's classic entry should be about now as the bears have found support on M5 at 2669

The M5 candle at 800 hours GMT has blown the bears support. For me, it's still early to take in SL and so I have placed a buy order as a hedge at 2783 since I know GU has stumbling blocks at 2690 and 2700

Out at 2650 for 18 pips. GU is at its elements today but we are ready

quite a few levels here that haven't been tested, wondering if it's up and then down.....

And all of those levels were tested yesterday

3 up and one below, not much more further down,

Bearish Alan's divergence on M30

Looks like a Bearish Allan could be forming in the M5 - likely prior to Frankfurt open

either way it looks good!

yeah, scrapping it out between 1.2260 and 1.26558 at the moment - the immediate 5M SH and SL. Also, the H1 EMA is at around 1.26619

I'm short at 1.2657, based on the 30 min bearish divergence, but will have a tight stop

Weird price action - only a 10 pip range for the FF session so far. May have to wait for London for anything to happen, unless they are also off for Xmas

Yes, PA is yet to take a direction. If it clears 2649, we shall have something. The bigger picture is bearish though

yesterday was much more exciting!

even if it breaks out of this range the first move is bound to be a trap

back to the middle

yeah, daily range is about half of what it usually is. I am out until after New Year.

nice trading yesterday surprisingly, Happy new year everyone!