Trading the Cable swings via averages

Quoting Nala66

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Note how the hook trade often pays better and quicker than the div and the stop is always just below the div point. This is another option people can specialise in.

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Quoting Jazz1964

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{quote} It's sure there. {image}

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Quoting valeri8888

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{image}Alan. Is this a correct hook ??

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Quoting MrMagnet

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{quote} With the 2 hook entries, why would you say to yourself that this is a hook entry coming up as opposed to the abcd running down to it's targets. I would have been short both times with the 1hour bias under the 26ema. Is this just a pattern you have noticed that happens around the end of the 1 hour candle ending or are we looking at the 5m failure to make a LL, maybe both? TIA {image}

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Quoting MrMagnet

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{quote} With the 2 hook entries, why would you say to yourself that this is a hook entry coming up as opposed to the abcd running down to it's targets. I would have been short both times with the 1hour bias under the 26ema. Is this just a pattern you have noticed that happens around the end of the 1 hour candle ending or are we looking at the 5m failure to make a LL, maybe both? TIA {image}

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Quoting Nala66

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{quote} Sorry MM I don't know why I miss these posts they seem to pop up from nowhere. I guess you have answered your own question here if the chart was drawn in completed. You have the divs followed by the hook followed by the div that gave you the ABC triangle which gave you the target. Whew! {image}

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Quoting Nala66

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We have this div hook also on the weekly which seems to be running into div at the swing low level. On the hour we have a ridiculous long flat spot which appears to be unable to break up past the Doji. Its about time we got some movement one way or the other. However Polly has already made 25.28% so this weeks task is completed, any more would be a bonus. {image}

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Quoting david321

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can any body tell me what is happening today , i can not get a clear picture , already lost two trades and on sidelines, divergences are all over the place in 5 mint and 1 hour cannot decide to which it should go

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Quoting RobertMY

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{quote} Please allow me to ask some questions during reading the PDF. I try to keep them in low number since I expect answers thru further reading. Anyway... 1. How is it so, that a hook is one even if it crosses the average? I thought we are looking for finding support thru hooks, but then on the right side of the average? 2. What for a mt4-tool are you using to draw the AB CD patterns with the "fork" end? 3. Where can I find more about ZOO points? (Have the half of PDF read and must admit, one should read the PDF more than once. I really have...

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Quoting Paullum

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{quote} Hi David If in doubt, stay out !!! The 1 hr is sideways and stuck in a small range. i'll be waiting for some direction before even looking to trade. Cheers P

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Quoting david321

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can any body tell me what is happening today , i can not get a clear picture , already lost two trades and on sidelines, divergences are all over the place in 5 mint and 1 hour cannot decide to which it should go

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