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Trading the Cable swings via averages

  • #7,701
  • Apr 3, 2022 7:24pm Apr 3, 2022 7:24pm
Quoting shuichi
[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}
The divergence is only supposed to return the price to the EMA (which it did)

If price does not reach or cross the EMA and find bear support then it is going to turn and make a higher high (which it did)

There is also the question of the ZOO point on the higher time frame indicating there are enough pips to warrant the trade. You do not show this, I have no idea what time frame you are showing but if it is the 5 min then why would you want to trade for so few pips, it just isn't worth it.
  • #7,702
  • Apr 3, 2022 7:37pm Apr 3, 2022 7:37pm
Quoting shuichi
[quote = Nala66; 13953939] Giá đã chạm ngưỡng ABCD trong 5 phút nhưng vẫn còn thiếu một chút vào 15 phút {image} [/ quote] Hi Nala, please help me answer this case. I compare your light and dark patterns but the light has divergence and the dark doesn't. What's not right there? Thank you very much. {image} {image}
How on earth can you not see these
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  • #7,703
  • Apr 4, 2022 7:02am Apr 4, 2022 7:02am
It would be much safer to trade such a strategy using the trade insurance instead of a stoploss

Even if you don't use a stoploss., the trade insurance is the way to go with any swing trading strategy
  • #7,704
  • Apr 4, 2022 10:03am Apr 4, 2022 10:03am
Quoting fxsavvy1
It would be much safer to trade such a strategy using the trade insurance instead of a stoploss Even if you don't use a stoploss., the trade insurance is the way to go with any swing trading strategy
What do you mean by trade insurance?
  • #7,705
  • Apr 4, 2022 10:13am Apr 4, 2022 10:13am
Quoting Nala66
{quote} What do you mean by trade insurance?
Watch this video

Inserted Video
  • #7,706
  • Apr 4, 2022 7:00pm Apr 4, 2022 7:00pm
Quoting fxsavvy1
{quote} Watch this video https://youtu.be/LuQGObXj1go
Again What video? The one you present here is private!
  • #7,707
  • Apr 5, 2022 5:14am Apr 5, 2022 5:14am
Hi mentor Alan and everyone here, can you someone share the spread indicator, showing spread on the right side of the screen or on bottom ?
  • #7,708
  • Apr 5, 2022 6:25pm Apr 5, 2022 6:25pm
I was long then short then long the short then long like a YoYo yesterday on the 5 min chart. I was expecting price to reach the first target shown by the arrow then another long took it to the second target. I was done and dusted by this time.

Then something interesting happened as it hit this second target the 1 hour was in an RSI div and it shot down. I was asleep by this time however.

The point is if we choose to ignore the signals we will at some time pay the price of ignorance.
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  • #7,709
  • Apr 5, 2022 6:34pm Apr 5, 2022 6:34pm
Another thing to note about the hour chart is the bears absolutely will not let the EMA cross the 4 hour EMA though the bulls have tried a couple of times. Now the 1 hour EMA is set to make the LL.
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  • #7,710
  • Apr 5, 2022 11:00pm Apr 5, 2022 11:00pm
Quoting shuichi
[quote = yahya11; 13957650] Xin chào cố vấn Alan và mọi người ở đây, bạn có thể cho ai đó chia sẻ chỉ báo spread, hiển thị spread ở bên phải màn hình hay ở dưới cùng được không? [/ quote] Here you are. {file}
Thanks for sharing but i have it , it is on the left upper corner , i want on right or on the bottom because quick trade button hide the left one
  • #7,711
  • Apr 6, 2022 3:01am Apr 6, 2022 3:01am
Quoting yahya11
{quote} Thanks for sharing but i have it , it is on the left upper corner , i want on right or on the bottom because quick trade button hide the left one
Here is a workaround. Just make an extra chart, squash it down and put it bottom left or right. Black text on a white background would be better.
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  • #7,712
  • Apr 6, 2022 11:50pm Apr 6, 2022 11:50pm
Could YOU please show me the entry here? The red vertical lune is 108 number candle..
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  • #7,713
  • Apr 7, 2022 12:07am Apr 7, 2022 12:07am
Quoting Nala66
{quote} Isn't that exactly what I am saying here. When trading below the average we are short. When trading above the average we are long. All the complication is in your head not mine. The idea here is to find the beginnings and determine if there is going to be enough movement to make our profit target.
Price below the average means rsi 14 is below the 50%, Isn't it?
  • #7,714
  • Apr 7, 2022 1:55am Apr 7, 2022 1:55am
Quoting BDfx77
Could YOU please show me the entry here? The red vertical lune is 108 number candle.. {image}
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  • #7,715
  • Apr 7, 2022 2:00am Apr 7, 2022 2:00am
Quoting BDfx77
Could YOU please show me the entry here? The red vertical lune is 108 number candle.. {image}
adjust your RSI's, see post 28
  • #7,716
  • Apr 7, 2022 3:21am Apr 7, 2022 3:21am
Quoting shuichi
[quote = yahya11; 13958704] {quote} Cảm ơn bạn đã chia sẻ nhưng tôi có nó, nó nằm ở góc trên bên trái, tôi muốn ở bên phải hoặc ở phía dưới vì nút giao dịch nhanh ẩn bên trái [/ quote] You can drag it to the right. Then save that template again. It will be on the right side as you like.
Thanks buddy , you rock
  • #7,717
  • Apr 7, 2022 3:45am Apr 7, 2022 3:45am
Quoting Nala66
{quote} {image}
Hi Alan , some times divergences failed to stop prices or to return to ema how can we identify that this type of divergences or under what circumstances divergence fails
  • #7,718
  • Apr 7, 2022 6:06am Apr 7, 2022 6:06am
Quoting yahya11
{quote} Hi Alan , some times divergences failed to stop prices or to return to ema how can we identify that this type of divergences or under what circumstances divergence fails
Well there can be no guarantees else we would not need a stop. We start with a small test entry the add to it as the trade progresses and moving the stop.

Obviously the divergence fails when your stop is hit, but this is a small loss and not often.

I find that during my trading session time the signal rarely fails but during the Asia session the moves can be really tiny and not profitable.

Here below are my two trades today. Then there are these others in red I could have taken.
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You can see some of them don't kick in straight away.
  • #7,719
  • Apr 7, 2022 6:12am Apr 7, 2022 6:12am
Quoting Nala66
{quote} Well there can be no guarantees else we would not need a stop. We start with a small test entry the add to it as the trade progresses and moving the stop. Obviously the divergence fails when your stop is hit, but this is a small loss and not often. I find that during my trading session time the signal rarely fails but during the Asia session the moves can be really tiny and not profitable. Here below are my two trades today. Then there are these others in red I could have taken. {image} You can see some of them don't kick in straight away....
Alan, may I ask when you close your long trade in favor of the short in this scenario?
  • #7,720
  • Apr 7, 2022 6:38am Apr 7, 2022 6:38am
Quoting Nala66
{quote} Well there can be no guarantees else we would not need a stop. We start with a small test entry the add to it as the trade progresses and moving the stop. Obviously the divergence fails when your stop is hit, but this is a small loss and not often. I find that during my trading session time the signal rarely fails but during the Asia session the moves can be really tiny and not profitable. Here below are my two trades today. Then there are these others in red I could have taken. {image} You can see some of them don't kick in straight away....
you mean every divergence will work, it is rare when its not, And on how much pip we should place stops, can you pleas tell me on 500 $ account what should be money management and how much volume should open to make 500 $ in a day.
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