Trading the Cable swings via averages

Quoting Traderview

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Quoting Nala66

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{quote} Not sure what you are trying to get across here, My daily chart looks like this... {image} To me the all important thing is the average and here we see it has made the lower low but price did not reach the next level because it ran into divergence. So we expect that the divergence will return price to the EMA and attempt to stop or even turn it. We have to be on a lookout for the price to form a hook retesting the div or is price going to cross and find support. If it fails the EMA then it could then make a price LL.. Speculating on what...

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Quoting Nala66

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{quote} Not sure what you are trying to get across here, My daily chart looks like this... {image} To me the all important thing is the average and here we see it has made the lower low but price did not reach the next level because it ran into divergence. So we expect that the divergence will return price to the EMA and attempt to stop or even turn it. We have to be on a lookout for the price to form a hook retesting the div or is price going to cross and find support. If it fails the EMA then it could then make a price LL.. Speculating on what...

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Quoting Traderview

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{quote} I trade with candlestick patterns, some basic indicators like you use and chart patterns. Your chart doesn't show any prices. Therefore it's hard to do any analysis from it.

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Quoting Nala66

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Been a good week for trading with lots of signals to have a go at. The 1 hour chart below shows the ZOO points I came across and the green ones are the ones I had a go at. Just thought I would post it for those interested. I left off the RSI lines for you to work out for yourself and give you the exercise. {image}

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Quoting prohaha

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{quote} Let me ... {image}

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Quoting shuichi

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[quote = Nala66; 13953939] Giá đã chạm ngưỡng ABCD trong 5 phút nhưng vẫn còn thiếu một chút vào 15 phút {image} [/ quote] Hi Nala. On the chart I see RSI divergence (I have marked on the picture) but the price continues to rise. Did I not understand your method? Please help me. Thank you very much. {image}

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Quoting shuichi

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[quote = Fantaburk; 13954978] {quote} Trên thực tế, nó không tiếp tục tăng mà là thoái lui về Ema. Tuy nhiên, nó không thể vượt qua, tạo ra một hỗ trợ tăng giá và ngay sau đó tạo ra thử nghiệm 2bar cho thấy nó sẽ tạo ra mức cao mới cao hơn [/ quote] I don't fully understand Nala's Method but you seem to be misunderstanding the method.

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