Trading the Cable swings via averages

Quoting Pilygrim

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{quote} This means that the market at the moment is most likely flat - a sideways movement. And "to break" means that the price can reverse both to sell and to buy.

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Quoting jewelnguyen

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{quote} Thank you, Pilygrim I see, avoid trading when the market is sideways. Sorry, I have another question, in this method, is there any way to determine a sideways market? Or do we have to determine it by looking at the candlestick chart? Sorry for my clumsiness, I thought deleting the previous post but was unable to

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Quoting jewelnguyen

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Thank you, Pilygrim I see, avoid trading when the market is sideways. Sorry, I have another question, in this method, is there any way to determine a sideways market? Or do we have to determine it by looking at the candlestick chart? ...

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Quoting jewelnguyen

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... Sorry for my clumsiness, I thought deleting the previous post but was unable to

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Quoting mwake

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Hi Alan , sent you a PM regarding leverage in Oz. Happy Easter everyone!

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Quoting Pilygrim

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{quote} As a rule, sideways movement always occurs after any impulse movement. This is a classic market structure when after an impulse the price corrects either sideways or rolls back into a deeper correction. You don't need any method to determine this. Just look at the chart for yourself on any timeframe. The problem is different. Nobody knows exactly what this correction will be.

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Quoting mwake

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Hi Alan , sent you a PM regarding leverage in Oz. Happy Easter everyone!

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Quoting Nala66

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{quote} When looking at the 1 hour chart and we observe a ZOO point then that is the time we get interested in the market. This is the time to look for an entry at the lower time frames and accept a risk! On the chart above during this US session there was no div, our only indication was the so called oversold situations on the RSI's. We can measure the distance to the EMA level (about 90 pips in this case). We determine our profit target and can then make the appropriate calculations diving the profit target by the number of pips. This gives us...

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Quoting jewelnguyen

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{quote} Alan, thank you very much, I read it forever without understanding what the ZOO score is, seeing your pictures is immediately understood May you and your family stay healthy and healthy

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Quoting Nala66

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There is a great deal in the single paragraph you have here. All of which has previously been considered and instruments have been put in place to enable us to trade them effectively.

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Quoting jewelnguyen

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I am reading the articles here, I am very grateful for everyone's enthusiastic help Sorry for my poor English Jewel Nguyen

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Quoting jewelnguyen

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[quote = Nala66; 13482764] {quote} Xin đừng tiếc, tôi nghĩ tất cả chúng ta đều hiểu mọi người từ khắp nơi trên thế giới có thể gặp vấn đề về ngôn ngữ ... Nhân tiện, bạn không sao cả. Tôi thường nghĩ đến việc lập một lưu đồ nhưng việc tạo ra nó rất đau đầu đến mức tôi không hài...

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Quoting Nala66

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{quote} Yes. What we are doing here is comparing the swing high of a previous average to the current position of the average. Then we ask is it trying to make a HH or LL. Of course the price will always be pulling the average along behind itself in either direction. So if for example we see the average is attempting anew HH we can rest assured the price must also reach that same level at least. Look at the 5 min chart below to understand this concept. In this case it is a LL attempt {image}

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