Trading the Cable swings via averages

Quoting davidmaree

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{quote} H4 Alan divergence is there. Strange about the H1. I've checked both my broker accts and that 1H divergence is present in both feeds.

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Quoting mikeeating

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{quote} I saw that DIV on the 1HR and went long but entered late , just sold at 1.29110, cant post charts at the moment as im on my phone

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Quoting Zelias

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{quote} Why would you initiate a sell? Nothing tells us (at the time you sold) that there is a sell according to the rules by the OP. Or am I missing something?

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Quoting mikeeating

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{quote} No I mean I'm out, yes your right I didn't see a div on the 5 , but I got stopped out twice (earlier) and got my money back

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Quoting Zelias

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{quote} David, what you have marked on your H1 chart is not an Alan divergence, but a regular bullish hidden divergence that normal RSI practitioners use. Alan's divergence is one where the RSI14 and RSI5 show divergence between them. The Alan's divergence on the H1 TF in this case came in here: {image} Hope this helps. PS: Apologies, I was looking at Bydyke's chart when commenting on yours. At the time there was Alan's divergence when you drew it, correct. This is one of the situations I was referring to earlier in my posts to Alan, but guess I...

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Quoting Nala66

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Guys remember Timing Inference Entry Target

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Quoting davidmaree

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Quiet here today. Am currently short despite bullish RSI div. on hour chart. {image} Hope my understanding is correct Alan in that since bulls failed at EMA I was looking for shorts on 5 min targeting the avg LL. 5m short on 09h00 candle as HD was present. Hedged at 09h25 upon bullish RSI div.

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Quoting quangvision

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{quote} I tried to apply your standards as below: - Timing: after bar 108 - Inference: H1 RSI div right on average low swing - Entry: Plenty of time for putting on 3 stage entries - Target: well enough within 40 pips range Thank you Alan

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Quoting Nala66

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{quote} From your drawing David is seems you are not understanding the HD's correctly. Below is your chart with the corrections on it. The first HD you had was a nothing The next one was on the wrong bar. The third one was OK The AB = CD was drawn wrong You missed the RSI Div at the appropriate time. {image}

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Quoting Bydyke

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The Alan div on M5 is pushing us down to M5 average (2903 on my chart). Whether PA will get below it is another matter {image}

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Quoting Nala66

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This trade is already a done deal... {image}

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Quoting Nala66

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{quote} This is a conflicting mess just now... {image}

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Quoting Bydyke

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{quote} But it has played out. Right now, PA is on M15 average at 2895 {image} {image}

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Quoting Bydyke

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{quote} How do I get my fast RSI to look like yours exactly? This is how I inputted: 1. From the indicator list, I upload the Relative Strength Index. I notice that at this point it does not show ‘previous indicator’s data.’ It is only after you have uploaded this RSI and click on it to check the details that you can now see ‘previous indicator’s data’ but there is no way to overlay it on the original one 2. Then from the Navigator side I drag RSI to the one above. Here, there is no provision here for 'previous indicator's data' So, is there something...

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Quoting Nala66

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{quote} It could be that on the 1 hour the bulls are looking for support.

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