Trading the Cable swings via averages

Quoting mrtrung1988

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Hello my teacher! After a period of practice and re-learning the basic concepts, I am now starting to trade again with a new account, and I will post my analysis every day to look forward to receiving your guidance. I started with trade 1 risk 8 pips, after entry 2 i moved my total risk 10 pips, when i added order 3 i translated my total risk to +10 pips. my reward is 1:5. and I will try to achieve 1: 20 as you usually do in the not too distant future Thank you and good health! {image} {image} {image} {image}

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Quoting Nala66

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Signal after signal after signal... How can one not get ten pips or more from this? {image}

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Quoting Nala66

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One has to understand the purpose of a Divergence in any of its forms. It is to return price to the average. If it doesn't make it to the average then it is a dud and price will make a LL or HH be it bullish or bearish. Now having said that (repeatedly and often) we have a bullish div on the 4 hour which should return it to the average. We have a bullish div on the hour which should return it to the average. We had one on the 5 min which should return it to the average. All three of these came to fruition and then only did we start to get signals...

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1) The target for the day is not 1% it is 1% minimum. The risk is never more than 0.5% but I move this stop quickly so it is often less.
2) Don't know how the answer this question because I don't take any kind of a loss for the day. I would keep trading until I at least got my 1%By trading the signals we can get it wrong from time to time but the losses are small and easily made up with the winners.Remember I always have additional lots up my sleeve should I get the opportunity to use them.The advantage of the small stop is we get to re-evaluate...

Quoting mrtrung1988

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{quote} So far, ema h1 has crossed the previous high, so the next move should be waiting for the signal that the bulls have support and enter, right?

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Quoting Nala66

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One has to understand the purpose of a Divergence in any of its forms. It is to return price to the average. If it doesn't make it to the average then it is a dud and price will make a LL or HH be it bullish or bearish. Now having said that (repeatedly and often) we have a bullish div on the 4 hour which should return it to the average. We have a bullish div on the hour which should return it to the average. We had one on the 5 min which should return it to the average. All three of these came to fruition and then only did we start to get signals...

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Quoting Nala66

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Signal after signal after signal... How can one not get ten pips or more from this? {image}

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Quoting yahya11

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{quote} i got 30 today but there was a lot

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Quoting Nala66

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{quote} 30 is great at that rate you would be well on track for your 1000 in 100 days. Just don't blow it and stick to the program. I only took 22 so well done for beating me.

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Quoting yahya11

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Mentor can we consider these divergences taken from hidden rsi div indicator are valid or we use it only to determine HDs div only {image}

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Quoting yahya11

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Mentor can we consider these divergences taken from hidden rsi div indicator are valid or we use it only to determine HDs div only {image}

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Quoting Nala66

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{quote} Huskyboy is quite correct and I will add that you should be looking for the div in line with the average not trying to counter it all the time. Look at your second div, you have in on the top in an uptrend whereas it should be the div on the bottom that you totally missed. The horizontal line shows where the trend changed direction and see how this level was retested. Lots of stuff going on here. {image}

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Quoting yahya11

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got 20+ , now mentor , should i enter again when get signal or done for the day ? {image}

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Quoting yahya11

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last night very easy moves but i was just busy in shopping , don't see at all Maybe even if I was sitting, I wouldn't be able to catch it Mentor pleas put light on my analysis {image}

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Quoting Nala66

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{quote} This is good you even got the HD correct

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