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Trading the Cable swings via averages

  • #7,581
  • Feb 9, 2022 7:23pm Feb 9, 2022 7:23pm
The saga drags on. Price did bounce at the EMA swing high and the short signal was given by the HD.

This is a 40 pip shaded grid so you can easily see price is taking a long time to go nowhere.
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  • #7,582
  • Feb 9, 2022 9:22pm Feb 9, 2022 9:22pm
Hi Mr. Alan,

Did you get on trade when the candle "closed" to confirm the "forming" div? I've made many mistakes as get on trade early lead to the div failure.
  • #7,583
  • Feb 9, 2022 9:29pm Feb 9, 2022 9:29pm
Quoting prohaha
Hi Mr. Alan, Did you get on trade when the candle "closed" to confirm the "forming" div? I've made many mistakes as get on trade early lead to the div failure.
No I didn't, the div came right at my knock off time. I traded the earlier longs.
  • #7,584
  • Edited 10:14pm Feb 9, 2022 10:01pm | Edited 10:14pm
Quoting Nala66
{quote} No I didn't, the div came right at my knock off time. I traded the earlier longs.
I'm sorry that i wasn't clear enough, for example below, I mean did you make entry right at that time you see div is forming (not waiting for bar closed) or wait for the below red bar closed to entry? I know this not good example but I just want to know how did you entry.
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  • #7,585
  • Feb 10, 2022 12:23am Feb 10, 2022 12:23am
Quoting prohaha
{quote} I'm sorry that i wasn't clear enough, for example below, I mean did you make entry right at that time you see div is forming (not waiting for bar closed) or wait for the below red bar closed to entry? I know this not good example but I just want to know how did you entry. {image}
The only time I jump the gun on a bar closing is in the case of a HD because these tend to snap back in a hurry.

See if the 5 min chart below helps any...
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  • #7,586
  • Feb 10, 2022 12:55am Feb 10, 2022 12:55am
Quoting Nala66
{quote} The only time I jump the gun on a bar closing is in the case of a HD because these tend to snap back in a hurry. See if the 5 min chart below helps any... {image}
Thanks a lot, one more question, I'd never seen you use 8hs EMA before post 7578, did you upgrade your system recently?
  • #7,587
  • Feb 10, 2022 2:53am Feb 10, 2022 2:53am
Quoting prohaha
{quote} Thanks a lot, one more question, I'd never seen you use 8hs EMA before post 7578, did you upgrade your system recently?
Maybe I had taken it off for clarity but on the 1 hour chart I have the 1H 4H and 8H normally

Having multiple EMA's of the same values like this serve to show where price is flattening out when they come together.
  • #7,588
  • Feb 10, 2022 9:38am Feb 10, 2022 9:38am
At last...it only took 4 days
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  • #7,589
  • Feb 10, 2022 9:56am Feb 10, 2022 9:56am
The daily chart is interesting. Are we going to see a halt here or will it push on aiming for the 3712?
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  • #7,590
  • Feb 11, 2022 2:02pm Feb 11, 2022 2:02pm
HD on H1. My last trade on this week.
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  • #7,591
  • Feb 16, 2022 3:18am Feb 16, 2022 3:18am
Hi Alan, I'm looking for entry Sell on M5.
With chart H1 have HD and prices in the swing.
And you? Can you tell me what you think now? Do you sell or buy?
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  • #7,592
  • Feb 16, 2022 7:26pm Feb 16, 2022 7:26pm
I am not sure what the last two posts are about (Pilygrim and lapuma)

I don't see the hidden divs you are referring to, not on my charts.

My one hour chart looks like this at the moment....
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  • #7,593
  • Feb 17, 2022 4:42am Feb 17, 2022 4:42am
An early finish for once...
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  • #7,594
  • Feb 17, 2022 8:16am Feb 17, 2022 8:16am
Hi Mr. Alan,

Could we count the divergence below as HD?
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  • #7,595
  • Feb 17, 2022 8:41am Feb 17, 2022 8:41am
Quoting prohaha
Hi Mr. Alan, Could we count the divergence below as HD? {image}
nope, there's no open space on your indi so why would it be a HD? Its a RSI/RSI divergence (RRBUD), just my opinion
  • #7,596
  • Feb 17, 2022 11:18am Feb 17, 2022 11:18am
Quoting prohaha
Hi Mr. Alan, Could we count the divergence below as HD? {image}
Just quickly, this is what HD's look like....
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  • #7,597
  • Feb 17, 2022 11:26am Feb 17, 2022 11:26am
Quoting Nala66
{quote} Just quickly, this is what HD's look like.... {image}
i dont have that one with IG, yesterday afternoon there were a few, at least i believe they are
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  • #7,598
  • Feb 17, 2022 8:32pm Feb 17, 2022 8:32pm
Quoting huskyboy
{quote} i dont have that one with IG, yesterday afternoon there were a few, at least i believe they are {image}
Heaps of signals on this chart, Not to confuse regular divs with HD's....
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  • #7,599
  • Feb 18, 2022 1:44am Feb 18, 2022 1:44am
Quoting Nala66
{quote} Heaps of signals on this chart, Not to confuse regular divs with HD's.... {image}
so is it wrong to say that HD's only occur in a wick and that all the rest are just regular bull/bear divergences even if there are open spaces in the divergence indicator?
  • #7,600
  • Feb 18, 2022 4:28am Feb 18, 2022 4:28am
Quoting huskyboy
{quote} so is it wrong to say that HD's only occur in a wick and that all the rest are just regular bull/bear divergences even if there are open spaces in the divergence indicator?
Yes that is correct. Because the wick is in div and then the body snaps back so we can no longer see the div, it is hidden.
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