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Trading the Cable swings via averages

  • #1,141
  • Jan 16, 2019 2:28am Jan 16, 2019 2:28am
Quoting Nala66
David should be done and dusted too if the trade was played in the correct fashion. Like this {image}
Forgot about hedges. Very nice.
  • #1,142
  • Jan 16, 2019 2:50am Jan 16, 2019 2:50am
Quoting mikeeating
{quote} so the moment you saw the initial HD ( the one gleem pointed out) you entered? I can see how the rest played out
No actually I was a little late because I was typing something and I didn't use the three entry method I just went for gold with the combined three entries all at once. This is risky but I am well ahead on profits so it was a calculated risk I was prepared to take but don't recommend.
  • #1,143
  • Jan 16, 2019 2:54am Jan 16, 2019 2:54am
Quoting Gleam
{quote} Forgot about hedges. Very nice.
I am not sure of the stats because I don't record them but I would say at least 50% if not more of my trades involve hedge winnings if not all the trade at least a part of it.

That's an idea that may be worth recording..
  • #1,144
  • Jan 16, 2019 3:00am Jan 16, 2019 3:00am
Anyone spot that HD on the hour
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  • #1,145
  • Jan 16, 2019 3:05am Jan 16, 2019 3:05am
Anyone spot that HD on the hour
Attached Image (click to enlarge)
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  • #1,146
  • Jan 16, 2019 3:12am Jan 16, 2019 3:12am
Quoting Nala66
Anyone spot that HD on the hour {image}
Missed it. Definitely a skill that needs practice.
  • #1,147
  • Jan 16, 2019 3:12am Jan 16, 2019 3:12am
Signals are thick and fast today, some good some not so good...
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  • #1,148
  • Jan 16, 2019 3:27am Jan 16, 2019 3:27am
That'll do me for today, it has been very hot these last few days. It reached 52c degrees in Port Augusta yesterday that is 125.7F degrees

It was a cool 42c here or 107.6F

No sign of any snow...
  • #1,149
  • Jan 16, 2019 3:39am Jan 16, 2019 3:39am
Quoting Nala66
That'll do me for today, it has been very hot these last few days. It reached 52c degrees in Port Augusta yesterday that is 125.7F degrees It was a cool 42c here or 107.6F No sign of any snow...
That sucks. Balmy 23 in Perth.
  • #1,150
  • Jan 16, 2019 3:54am Jan 16, 2019 3:54am
A bit cold here, 6ºC in Barcelona
  • #1,151
  • Jan 16, 2019 4:37am Jan 16, 2019 4:37am
Quoting Nala66
That'll do me for today, it has been very hot these last few days. It reached 52c degrees in Port Augusta yesterday that is 125.7F degrees It was a cool 42c here or 107.6F No sign of any snow...
Im in central QLD at the moment and its actually surprisingly quite cool, around 32. Hopefully Elons battery keeps things ticking over for you
life is a reflection of what we allow ourselves to see
  • #1,152
  • Jan 16, 2019 6:54am Jan 16, 2019 6:54am
I am in Michigan and its 31 degrees F here. Just below freezing and I am getting ready to go to work.

Take care everyone
  • #1,153
  • Edited 9:36pm Jan 16, 2019 9:26pm | Edited 9:36pm
Just checking if these are the hidden divergences? from yesterday and today.

edit: I have the pointing line on the wrong candle it should reference the next one over
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life is a reflection of what we allow ourselves to see
  • #1,154
  • Edited 12:56am Jan 17, 2019 12:45am | Edited 12:56am
First stab for today
H1 bullish divergence with price just above MA, and after 2 bar test.
m5 entries after bullish divergence, and bull support (entry 2) at 1.2870, 1.2874, and 1.2875.

Stopped out. Here are the charts with my entries.

1H
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5m
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  • #1,155
  • Jan 17, 2019 12:49am Jan 17, 2019 12:49am
Quoting davidmaree
First stab for today H1 bullish divergence with price just above MA, and after 2 bar test. m5 entries after bullish divergence, and bull support (entry 2) at 1.2870, 1.2874, and 1.2875.
I tried one trade on a 2 bar test and was stopped out. What kind of SL do you use David - as per the 2 bar test??
  • #1,156
  • Jan 17, 2019 1:15am Jan 17, 2019 1:15am
Quoting pakeha
{quote} I tried one trade on a 2 bar test and was stopped out. What kind of SL do you use David - as per the 2 bar test??
I just go with what I understand Alan's advice is, which is first entry stop at -10 pips, at second entry bring stops to 1st entry BE (although I do tend to keep total risk at $50 at this point as well), then third entry bring stops to 2nd BE.
  • #1,157
  • Edited 2:12am Jan 17, 2019 1:43am | Edited 2:12am
Morning all. Red today , All G20 Meetings. Market not stable. Stopped out with-10 pip.
  • #1,158
  • Jan 17, 2019 1:57am Jan 17, 2019 1:57am
Quoting davidmaree
First stab for today H1 bullish divergence with price just above MA, and after 2 bar test. m5 entries after bullish divergence, and bull support (entry 2) at 1.2870, 1.2874, and 1.2875. Stopped out. Here are the charts with my entries. 1H {image} 5m {image}

For me, I will feel more confident if the RSI is at level 20 or 80
  • #1,159
  • Jan 17, 2019 2:04am Jan 17, 2019 2:04am
must be due for some big moves soon
life is a reflection of what we allow ourselves to see
  • #1,160
  • Jan 17, 2019 2:16am Jan 17, 2019 2:16am
Quoting davidmaree
First stab for today H1 bullish divergence with price just above MA, and after 2 bar test. m5 entries after bullish divergence, and bull support (entry 2) at 1.2870, 1.2874, and 1.2875. Stopped out. Here are the charts with my entries. 1H {image} 5m {image}
Don't forget about the two bar test
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