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Trading the Cable swings via averages

  • #3,201
  • May 24, 2019 2:47am May 24, 2019 2:47am
Glad I am out this is getting messy.

Look at this 5 min chart
Attached Image (click to enlarge)
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  • #3,202
  • May 24, 2019 2:52am May 24, 2019 2:52am
Quoting Nala66
{quote} It is very hard when we are not in real time Mike, did you hedge your hedge
No I added some longs when I was expecting it to retrace back to the ema for bear support but as you can see it broke through,
life is a reflection of what we allow ourselves to see
  • #3,203
  • May 24, 2019 2:53am May 24, 2019 2:53am
why did you close when you did Alan? could you see it was going to get difficult?
life is a reflection of what we allow ourselves to see
  • #3,204
  • May 24, 2019 2:57am May 24, 2019 2:57am
looks like bull support again on the 15m, I still have longs running, if it breaks through ill be back in business
life is a reflection of what we allow ourselves to see
  • #3,205
  • May 24, 2019 2:59am May 24, 2019 2:59am
Quoting mikeeating
why did you close when you did Alan? could you see it was going to get difficult?
Yes because of the divs. I actually missed that first touch at the 20 pip level and thought I would be stopped out for the 13 pips. I was lucky it went back up again.

Remember I am in for 3 trades at $25 each so I don't want to give too much back.
  • #3,206
  • May 24, 2019 3:00am May 24, 2019 3:00am
Quoting mikeeating
looks like bull support again on the 15m, I still have longs running, if it breaks through ill be back in business
Yes it is probably going up in the long term but getting very choppy about doing it.
  • #3,207
  • May 24, 2019 3:06am May 24, 2019 3:06am
I hope that was just bull support on the 5 but I don't think so!
life is a reflection of what we allow ourselves to see
  • #3,208
  • May 24, 2019 4:03am May 24, 2019 4:03am
Looks to me like the bulls are trying to stop that 4 hour average
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  • #3,209
  • May 24, 2019 4:08am May 24, 2019 4:08am
still have my longs open
Attached Image (click to enlarge)
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life is a reflection of what we allow ourselves to see
  • #3,210
  • May 24, 2019 4:09am May 24, 2019 4:09am
the spike high was my 40 pip TP, just the spread was inbetween argh
Closed it manually with +30 pip
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Trading S/R with PA only. No indicators anymore!
  • #3,211
  • May 24, 2019 4:12am May 24, 2019 4:12am
just missed that 15m level!
life is a reflection of what we allow ourselves to see
  • #3,212
  • May 24, 2019 4:18am May 24, 2019 4:18am
missed my TP by like 2 pips!
life is a reflection of what we allow ourselves to see
  • #3,213
  • May 24, 2019 4:20am May 24, 2019 4:20am
That H4 EMA was reached with bear cont div forming.

I am off guys, have a good weekend all!
Trading S/R with PA only. No indicators anymore!
  • #3,214
  • May 24, 2019 4:54am May 24, 2019 4:54am
Theresa May resigns as Prime Minister and leader of the Conservative Party

Ahh that going on
Trading S/R with PA only. No indicators anymore!
  • #3,215
  • May 24, 2019 4:58am May 24, 2019 4:58am
Quoting Jazz1964
That H4 EMA was reached with bear cont div forming. I am off guys, have a good weekend all!
What a nice way of being a trader...
this is something i really like: Get ur target early and then u have whole day for ur self .
Not need to be in front of screen 10h per day.
I have to get there and enjoy the market&life in the same way as you doing.
Thnks
And wish u good weekend too Mr jazz
  • #3,216
  • May 24, 2019 5:03am May 24, 2019 5:03am
Quoting witowito
{quote} What a nice way of being a trader... this is something i really like: Get ur target early and then u have whole day for ur self . Not need to be in front of screen 10h per day. I have to get there and enjoy the market&life in the same way as you doing. Thnks And wish u good weekend too Mr jazz
Alans system is the best mate, stick with it you will see
life is a reflection of what we allow ourselves to see
  • #3,217
  • May 24, 2019 5:17am May 24, 2019 5:17am
Quoting mikeeating
{quote} Alans system is the best mate, stick with it you will see
I really like it.
Still long way to master it but starting seeing things clearly
I guess this one was also nice trade
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  • #3,218
  • May 27, 2019 1:12am May 27, 2019 1:12am
Good morning/afternoon fellas
Let see how the week unfolds
I wish u all a wonderful trading week
  • #3,219
  • May 27, 2019 1:15am May 27, 2019 1:15am
Quoting witowito
Good morning/afternoon fellas Let see how the week unfolds I wish u all a wonderful trading week
Same to you!
Today is both UK and US bank holiday
Trading S/R with PA only. No indicators anymore!
  • #3,220
  • May 27, 2019 1:24am May 27, 2019 1:24am
I am wondering what will happen when price gets to D here on the 1 hour
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