Trading the Cable swings via averages

Quoting cuchuflito

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Hi, I know people don´t want to disclose their brokers. I trade with OANDA, based on Nala´s great system but on 30 min. charts, (3 pairs to get more opportunities), cause I run my business from home at the same time. 5 minutes is just too fast when you are on the phone with a client. I try to close everything before the Asian session starts, I live in Europe. But sometimes a position lingers, and I just leave it overnight with a stop and TP. PROBLEM: I trade with OANDA, they increase the spreads on that session by a multiple of 10 or more.. Example:...

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Quoting des_b

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{quote} Hi Cucuflito, I use both ICMarkets and FXPro and not had any issues with either, so far !, Do you hedge as I recall at one point you could not hedge with OANDA which is why I did not use them Cheers...Des

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Quoting cuchuflito

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{quote} Thanks, des Yes, I hedge with OANDA. EU Session spreads are decent, problem is the Asian Session, you can also forget about keeping positions open over the weekend.The spreads mutiply by 20 and more..

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Quoting Nala66

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{quote} The Asian sessions have nothing to do with the trading method I have explain in some depth. Nor is holding trades open for extended periods of time. It is a process of taking the elements of timing, signals, stops, targets and money management to push the market a heck of a lot harder than it pushes us. You mention trading several pairs to find more opportunities but to me this is counter productive because I have only developed this method for the GU,other pairs have totally different methods applied. The timing is different and the application...

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Quoting CptOrlando

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Hello, Found, this thread and have been looking at it for a while but I am still not sure how to get in some moves. Especially today. At the 108 bar, There was a rsi bear div but both 5m rsi were at the bottom, the fast 1h was also there as well. We were at the 1h ema as well so I took the 5m HD bull div instead but got stopped out. Could not find any bear entries to get in except for a continuation bear div (which looked like it did not have any support). Does anyone have anything I missed? Thanks {image}

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Quoting Nala66

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Trade 1 gives us the go ahead with an RSI Div but look what happens. The fast RSI pushes below the waterline but the slow one doesn't. This is a buy signal but I am short. .... I have put an Aqua box on the RSI look at all those fast spikes below the waterline but the slow RSI remains above. All of these are long signals and I know we are going to make a HH than the failed Div. So it is a no brainer I should be long not short and I am long until we reach trade 2 another signal to be short. {image}

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Quoting Dubtrader

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Hey CptOrlando Here's what I did. As Alan has already said the M5 was below the average with bear support. The H1 printed an ABCD target and the divergences played out right on cue to indicate short. Here's my entries {image}

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Quoting KevinOwens

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{quote} Hi Dubtrader, nice trading. But, why did you exit the trade just a few pips short of the H1 target? What made you do that?

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Quoting Dubtrader

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{quote} Hi Kevin Well a bird in the hand and all of that! No seriously. I exited there just in case it bounced from the target also I had marked earlier another cluster of Zoo Points just above where I exited. So I thought it was time to cash in. {image}

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Quoting Dubtrader

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{quote} Hi Kevin Well a bird in the hand and all of that! No seriously. I exited there just in case it bounced from the target also I had marked earlier another cluster of Zoo Points just above where I exited. So I thought it was time to cash in. {image}

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Quoting Del62a

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Dubtrader Nice work. I spotted the 5 M zoo but did not pull the trigger to enter short. I was thinking that Price might pull back to 1H Ema

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