Trading the Cable swings via averages

Quoting Nala66

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{quote} Nice chart reading here. Pity you did not hedge the bottom, the daily chart was telling us price is trying for the EMA above the current price so our bias is long in the main. 1) So had you hedged the short at the div level you show you would close the shorts when you get you long hedge stop to BE and this would make the profit for you. 2) Don't ignore any divs you can always apply the two bar test. Remember signals and direction are given at the 1 hour, entries are made on the lower time frame signals to limit risk. Well done

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Quoting mrtrung1988

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{quote} Thanks mr Alan. I will try to hard work every day

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Quoting Nala66

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{quote} Stick with it and all will become so clear you will wonder why you didn't think of it. The 1 hour is trading a gutsy ABCD {image} Look how low the fast RSI is, I will soon be looking for a long

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Quoting Nala66

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{quote} A couple of things here. If you wait for confirmation the div is working to make an entry more often than not the retest we call the HOOK will stop you out. You should enter on the signal with your 1st and smallest entry so your risk is small since your provisional stop is just below the div. An AB =CD is usually taken from the swings high or low A is always the Apex, B is always the Bottom and C is where the Contest is leaving us with D the Destination. We also include the wicks in these measurements. Also be aware the 50% of the target...

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Quoting forex.ca

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Dear Alan, Today was a failed trade, even though the initial assessment was correct. My trade today goes against my plan. In my opinion, I made the mistake of long order (4) when the price was continuously making lower high. Below is the entire process I went through. Please give me an advice Many thanks! {image} {image}

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Quoting mrtrung1988

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Thank you for taking the time to answer our questions. These are two pictures, mine and my friends. we use different broker, so Our charts are not the same So, is this bear support h1 avaiable? Good heath for you, mr Alan! {image} {image}

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Quoting forex.ca

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{quote} Please tell me how come you chose C there. I wonder that the price just broke the EMA and closed below EMA, is that the reason? Thank you for your contribution. {image}

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Quoting prohaha

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{quote} Dear Mr.Alan, Could you pls clarify what is the Valley? I've found this key "Valley" in this awsome thread but there's less info about it. Below is the previous posted chart which shown some notes (Aqua color). Pls give me some advice. Many tks! {image}

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Quoting Nala66

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{quote} Here you go... {image}

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Quoting mrtrung1988

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Dear Mr Alan. This is my trade in NewYork session. I can't try any chance to start the third entry. Should i put it in any area in my picture? Thanks for help us understand this wonderful method day by day. {image}

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Quoting Nala66

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Once this primary move is done most often price will become erratic and bounce around but you can still scalp it with care.

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Quoting Nala66

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{quote} Check this lot out... {image}

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Quoting Pilygrim

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{quote} So all three trades have to fit within the range of motion highlighted in the oval on your screen? Right? P.S. Alan, how is Jade?))

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Quoting forex.ca

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{quote} Really appreciate your detailed reply. I learned a lot from this failed trade. One thing I get confusing is that Div at the wick. In my opinion, this Div is an HD. Could you help me check it again? I still continue to learn every day from your system. Respect. {image}

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