Missed all the action today. Busy doing my job.
Trading the Cable swings via averages
- #10,243
- Mar 3, 2025 7:56pm Mar 3, 2025 7:56pm
- Joined Mar 2016 | Status: Trader | 6,378 Posts
What on Earth was I talking about yesterday. Why was I confused?
Of course, if the EMA is to make a HH from the bull div below, then price should make the next level... Which it did.
I was troubled by the bear div but it wasn't at a ZOO level and so pushed onwards and upwards.
See even I get it wrong sometimes.
Of course, if the EMA is to make a HH from the bull div below, then price should make the next level... Which it did.
I was troubled by the bear div but it wasn't at a ZOO level and so pushed onwards and upwards.
See even I get it wrong sometimes.
- #10,245
- Mar 3, 2025 11:38pm Mar 3, 2025 11:38pm
Let's see, today chart is hard to read. H1 have bull support, but currently DIV bear --> should take price back to EMA but not yet
Then, if price fail to cross EMA, maybe HH. But then again, we should careful about HD bear on H1....
But EMA still up trend and price still above EMA, maybe better to take on bull side ??
Ok, my head begin to spin, maybe just take a day off then
- #10,246
- Mar 3, 2025 11:49pm Mar 3, 2025 11:49pm
- Joined Mar 2016 | Status: Trader | 6,378 Posts
{image} Let's see, today chart is hard to read. H1 have bull support, but currently DIV bear --> should take price back to EMA but not yet Then, if price fail to cross EMA, maybe HH. But then again, we should careful about HD bear on H1.... But EMA still up trend and price still above EMA, maybe better to take on bull side ?? Ok, my head begin to spin, maybe just take a day off then
- #10,250
- Mar 4, 2025 6:33pm Mar 4, 2025 6:33pm
- Joined Mar 2016 | Status: Trader | 6,378 Posts
What a bull run. The daily made the D target.
- #10,251
- Mar 4, 2025 11:42pm Mar 4, 2025 11:42pm
Let's see. I think today the key is on H4, if it close DIV at London time, we will have good short as it it DIV bear.
On other hand, H1 show price still pretty bull. If price come back to EMA H1, i will buy.
- #10,256
- Mar 5, 2025 11:25pm Mar 5, 2025 11:25pm
Yesterday i loss some, try to short with H4 in DIV. Look back, M15 have DIV bull + close above EMA + M15 build support and retest --> more like will make HH (the chart 40PipsAlan have show above).
I remember i make this mistake before, now i'm repeat it again
. I should take note on this
Today maybe will attack EMA swing high which 2961.
Currently M15 situation similar as yesterday, and is forming support. Let's wait until our trade time and see how it go then
I remember i make this mistake before, now i'm repeat it again
. I should take note on this Today maybe will attack EMA swing high which 2961.
Currently M15 situation similar as yesterday, and is forming support. Let's wait until our trade time and see how it go then
- #10,257
- Mar 6, 2025 12:05am Mar 6, 2025 12:05am
- Joined Mar 2016 | Status: Trader | 6,378 Posts
Just looking at the 1-hour chart. Where does it look like price and the EMA are heading?
It is important to put the EMA swing levels on the chart to get an idea of the situation.
It is important to put the EMA swing levels on the chart to get an idea of the situation.
- #10,260
- Mar 6, 2025 3:11am Mar 6, 2025 3:11am
- Joined Mar 2016 | Status: Trader | 6,378 Posts
Another thing to identify on these runs is the failures.
Check these failed divs making HH's.
This is why in an uptrend like this any short should be treated as a scalp and the stop should be moved to protect it even for a small loss.
Check these failed divs making HH's.
This is why in an uptrend like this any short should be treated as a scalp and the stop should be moved to protect it even for a small loss.