Trading the Cable swings via averages | Page 227 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Identifying Market Swings - Medium and Long Term Trading 619 replies

Trading With Moving Averages 72 replies

Moving Averages Zone Trading 10 replies

HELP! GMMA (Guppy's Multi-Moving Averages) Trading Mehod 3 replies

Via indicator: trading xxxyyy via zzz 0 replies

Attachments: Trading the Cable swings via averages
Exit Attachments

Trading the Cable swings via averages

  • #4,521
  • Sep 11, 2019 1:54am Sep 11, 2019 1:54am
Hi
Is there any trade yet?
  • #4,522
  • Sep 11, 2019 2:04am Sep 11, 2019 2:04am
Yep RSI div on the hour chart
  • #4,523
  • Sep 11, 2019 2:07am Sep 11, 2019 2:07am
I just closed the short because it was at the 1 hour bull support.

Also an RSI bull div on the 5min

Also smack on the EMA swing low (5min)
  • #4,524
  • Sep 11, 2019 2:39am Sep 11, 2019 2:39am
Bears couldn't break the bull support (1H)
  • #4,525
  • Sep 11, 2019 2:42am Sep 11, 2019 2:42am
Quoting Nala66
Bears couldn't break the bull support (1H)
So nice, it was bouncing up right from M5 swing low. Wide-opening space upward on H1 still too tempting for bulls to push through
  • #4,526
  • Sep 11, 2019 2:44am Sep 11, 2019 2:44am
Quoting quangvision
{quote} So nice, it was bouncing up right from M5 swing low. Wide-opening space upward on H1 still too tempting for bulls to push through
Bit early yet they can easily push up
  • #4,527
  • Sep 11, 2019 2:49am Sep 11, 2019 2:49am
5 min EMA looks like it wants a HH
  • #4,528
  • Sep 11, 2019 3:17am Sep 11, 2019 3:17am
Quoting Nala66
5 min EMA looks like it wants a HH
Quite a bit resistance, volume drying up.
Trading S/R with PA only. No indicators anymore!
  • #4,529
  • Sep 11, 2019 3:57am Sep 11, 2019 3:57am
Quoting Jazz1964
{quote} Quite a bit resistance, volume drying up.
Oh well maybe the next 4 hour bar will do something better
  • #4,530
  • Sep 11, 2019 4:00am Sep 11, 2019 4:00am
Quoting Nala66
{quote} Oh well maybe the next 4 hour bar will do something better
I agree, M5 is ranging, today should be good for scalpers
  • #4,531
  • Sep 11, 2019 5:15am Sep 11, 2019 5:15am
Quoting quangvision
{quote} I agree, M5 is ranging, today should be good for scalpers
Hard to believe the 5 min EMA is staying within a 5 pip range
  • #4,532
  • Sep 11, 2019 2:28pm Sep 11, 2019 2:28pm
It is surprising, I had never drawn supports and resistances from averages, and I see that the price respects those areas with incredible accuracy
  • #4,533
  • Edited 7:43pm Sep 11, 2019 7:01pm | Edited 7:43pm
Quoting Jazz1964
{quote} Your PM's are blocked, I could not reach you.
You can send your contact information via my email as { email address deleted by staff }
thanks!
  • #4,534
  • Sep 12, 2019 12:58am Sep 12, 2019 12:58am
Hi
Just checked in to say good luck for today trading
H1 has bear support, maybe I will try to sell when M5 finds bear support too
  • #4,535
  • Sep 12, 2019 1:27am Sep 12, 2019 1:27am
Quoting javipenjamo
It is surprising, I had never drawn supports and resistances from averages, and I see that the price respects those areas with incredible accuracy
The averages are resistances both top and bottom, not supports.
  • #4,536
  • Sep 12, 2019 1:36am Sep 12, 2019 1:36am
Quoting javipenjamo
It is surprising, I had never drawn supports and resistances from averages, and I see that the price respects those areas with incredible accuracy
If that surprises you then check this out!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 72 KB
  • #4,537
  • Sep 12, 2019 1:36am Sep 12, 2019 1:36am
[quote = Nala66; 12497856] {quote} Los promedios son resistencias superiores e inferiores, no soportes. [/ quote]
Thank you very much for the correction, I only have three days with the system I see that I still have a world left
  • #4,538
  • Sep 12, 2019 1:47am Sep 12, 2019 1:47am
One question, taking into account AB = CD, seeing the current graph m5 taking the last swing, shouldn't the price go back to 2341 (c) and then fall to look for point D? Would it be correct?
  • #4,539
  • Sep 12, 2019 2:33am Sep 12, 2019 2:33am
Quoting quangvision
Hi Just checked in to say good luck for today trading H1 has bear support, maybe I will try to sell when M5 finds bear support too
Looks like it is trying for bull support on the 5.
  • #4,540
  • Sep 12, 2019 2:34am Sep 12, 2019 2:34am
Quoting javipenjamo
One question, taking into account AB = CD, seeing the current graph m5 taking the last swing, shouldn't the price go back to 2341 (c) and then fall to look for point D? Would it be correct?
Can you post the chart showing what you mean here.
2 traders viewing now