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Trading the Cable swings via averages

  • #6,441
  • Jul 20, 2020 11:59pm Jul 20, 2020 11:59pm
Thanks Dub. Not sure how that happened a I have had it set up correctly before.
It is a long thread and I am too busy at the moment to read a lot at a sitting. Slowly, slowly ...
  • #6,442
  • Jul 21, 2020 7:26am Jul 21, 2020 7:26am
Quoting Wab
I have read as far as page 80, so bear with me. I have an H1 chart on which I have drawn an ABCD and an abcd. I like the target levels, which just happen to coincide with what I assume to be target levels already established. Any and all kind comments valued. {image}
Sorry for the late reply Wab been a tad busy with hospitals and stuff.

I can't understand what your lines are showing on this chart?
  • #6,443
  • Jul 21, 2020 11:22am Jul 21, 2020 11:22am
Sorry to hear you are dealing with hospital stuff Allan, as I finally meet you - so to speak. Let me take the opportunity to thank you and your wonderful cadre of students on this carefully thought out thread.

My first chart showed two ABCD patterns, one labelled ABCD and the second one labeled abcd.
(At least they were my interpretations of where ABCD patterns could be drawn at the time.)

The second chart showed the respective D and d targets of those patterns, as well as a box that had a 40 pip range. Both the D and d target were hit and price went on a lot further.

I did jump from page 90 or so to the end of the thread and need to go back and read all of it. Lots of good material to digest. I just could,t wait any longer to post with some current charts.

Now, back to the reading ...
  • #6,444
  • Jul 23, 2020 4:52am Jul 23, 2020 4:52am
Quoting Wab
Sorry to hear you are dealing with hospital stuff Allan, as I finally meet you - so to speak. Let me take the opportunity to thank you and your wonderful cadre of students on this carefully thought out thread. My first chart showed two ABCD patterns, one labelled ABCD and the second one labeled abcd. (At least they were my interpretations of where ABCD patterns could be drawn at the time.) The second chart showed the respective D and d targets of those patterns, as well as a box that had a 40 pip range. Both the D and d target were hit and price...
Justin has one more week to go in hospital having had his T cells washed, I checked my torches and can only see D and C cells so maybe he is wired up wrong. He is a fanatic Liverpool supporter (poor thing) and we just today managed to get him a carton of beer, the souvenir pack with the team signatures so he should be happy with that.

Anyway what I wanted to say was pay more attention to the EMA swing levels as Zoo points. There are enough of these alone to make a good deal of money.

Check the 1 hour chart below for the trades I have taken.
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  • #6,445
  • Jul 28, 2020 3:04am Jul 28, 2020 3:04am
Hello everyone!
I want to ask if there are any telegram or other exchanging groups that can exchange online?
I think so, people can share directly more quickly.
Best regards!
  • #6,446
  • Jul 28, 2020 3:44am Jul 28, 2020 3:44am
Quoting hugo0201
Hello everyone! I want to ask if there are any telegram or other exchanging groups that can exchange online? I think so, people can share directly more quickly. Best regards!
Not to my knowledge unless you subscribe to a paid service which will rightly or wrongly only get you the providers view.

If you like you could easily set up your own webinar which is a more realistic and real time experience and is what I did myself for over ten years.
  • #6,447
  • Jul 31, 2020 2:55am Jul 31, 2020 2:55am
If price does not break this 3152 then it looks like the 3085 average may be the limit prior to a pull back crossing the EMA southwards.
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  • #6,448
  • Jul 31, 2020 12:14pm Jul 31, 2020 12:14pm
OK I let this run a while to show the action as it happened.

See how we had two bear divs at the top here and the 1st one failed to make the EMA =

Rule... If it fails to make the EMA then it will attempt to make a higher high...which it did do.

Then came the 2nd div but this time it was at the average swing high level and the average made the new HH also.

Rule if the price is at the level and in divergence it becomes a ZOO point to short.

This would result in a crossing of the EMA... which it did.

The question now is can the bears find support and roll the average over for a period of time.
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  • #6,449
  • Jul 31, 2020 12:21pm Jul 31, 2020 12:21pm
Now possibly after some sort of smallish rollover I would expect to see the bulls make a bid for the 3365 level.

This would be negated if the bears made a run at the 2964.
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  • #6,450
  • Aug 1, 2020 8:03am Aug 1, 2020 8:03am
Quoting Nala66
Now possibly after some sort of smallish rollover I would expect to see the bulls make a bid for the 3365 level. This would be negated if the bears made a run at the 2964. {image}
Thank you for your help
chris
  • #6,451
  • Aug 1, 2020 8:06am Aug 1, 2020 8:06am
If anybody interested to share a telegram chat, I can create one
and we will invite Nala ( the boss) to help us
cheers
Chris
  • #6,452
  • Aug 1, 2020 9:06am Aug 1, 2020 9:06am
Quoting Elsaloon
If anybody interested to share a telegram chat, I can create one and we will invite Nala ( the boss) to help us cheers Chris
Can you explain what a telegram chat is?
  • #6,453
  • Aug 1, 2020 11:37am Aug 1, 2020 11:37am
Quoting Nala66
{quote} Can you explain what a telegram chat is?
telegram-messenger.com
With your permission
chros
  • #6,454
  • Aug 1, 2020 11:41am Aug 1, 2020 11:41am
[quote=Elsaloon;13091737]{quote} telegram-messenger.com With your permission chris
  • #6,455
  • Aug 1, 2020 10:37pm Aug 1, 2020 10:37pm
Quoting Elsaloon
If anybody interested to share a telegram chat, I can create one and we will invite Nala ( the boss) to help us cheers Chris
I hope to have a telegram group created so people can talk face to face more quickly.
  • #6,456
  • Aug 1, 2020 10:49pm Aug 1, 2020 10:49pm
Quoting Elsaloon
{quote} telegram-messenger.com With your permission chros
Sorry I am a bit thick when it comes to this techy stuff.

I need more info...

What is it?
Where is it?
How do I get it?

Thanks
  • #6,457
  • Aug 2, 2020 1:23am Aug 2, 2020 1:23am
Is this what we are talking about
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  • #6,458
  • Aug 2, 2020 3:57am Aug 2, 2020 3:57am
Yes
it works like forex factory but it is only for members
you can accept new members or delete them
it is cripted and nobody outside the members can sea the chat
  • #6,459
  • Aug 2, 2020 5:15am Aug 2, 2020 5:15am
I can create a telegram group but i don’t want to be the boss
It should be better if Nala open one
We have only one master
I know trading is a lone stuff but if a group of members post something it should be helpy for everybody and we could improve the results
if for example a member is done and dusted and i got 5 pips, I’ ll spend some time ti understand what i missed
cheers
Chris
  • #6,460
  • Aug 2, 2020 7:30am Aug 2, 2020 7:30am
Quoting Elsaloon
I can create a telegram group but i don’t want to be the boss It should be better if Nala open one We have only one master I know trading is a lone stuff but if a group of members post something it should be helpy for everybody and we could improve the results if for example a member is done and dusted and i got 5 pips, I’ ll spend some time ti understand what i missed cheers Chris
I think you can create telegram group and give Nala66 permission as an Administrator because he may not know how to use it now.
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