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Trading the Cable swings via averages

  • #10,301
  • Mar 18, 2025 9:05am Mar 18, 2025 9:05am
Quoting Nala66
Price just made the D1. It was also on the 15 min chart and made that too. {image} We bide our time, plot and plan then take the shot whenever we can.
I took that trade as well but closed it at the EMA26 on H1 with a 20 pips+ (I was busy).
At first, the price made a fake move at the 50% D level, but I entered with an excellent R:R of 1:3, just as outlined in the textbook. Thank you so much, Sir! Your system is incredibly precise, and every word you share is invaluable.
  • #10,302
  • Mar 18, 2025 12:55pm Mar 18, 2025 12:55pm
Quoting Nala66
{quote} ........Это помогает?
Yes, thank you!
There are still clarifications.
For example, I use monitors now in this way:
On the large 32" Monitor M1, M5, H1, this is the main monitor, I do not switch it to other windows, on the second monitor (not yet) settings from 26 EMA and levels (white empty graph), the laptop is used for trading and different types of analysis and switching to other windows.
I want to configure another monitor (27 ") to build triangles on M5-D with their transfer to work graphs (since this indicator removes all the lines).
The bottom line is to focus on the observation and analysis without switching graphs.

How do you use each of your monitors, why does 1.2.3.4 monitor serve? How is work itself organized with these monitors?

P.S. This is essentially a question about the organization of the workplace.
I think this has an impact on the concentration, speed and correctness of operational decisions, and, accordingly, on the financial result.
  • #10,303
  • Mar 18, 2025 8:28pm Mar 18, 2025 8:28pm
Quoting Benepamm
{quote} P.S. This is essentially a question about the organization of the workplace. I think this has an impact on the concentration, speed and correctness of operational decisions, and, accordingly, on the financial result.
This is the intended workspace...
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On the desktop I have all the usual crap where I watch videos and such. I also have the Terminal (can see price movement, place stops and targets etc.) Also, I have the navigator with a script to close all when I have several orders on. I have my order slip pop up here also, so it doesn't cover the charts up.

The other monitors are divided into two as per the drawing above. When I start the analysis, I bring up the higher time frames and make a note of the key levels. These levels I transfer to the 1-hour chart and label the lines accordingly in the description. I don't need the higher times frames to be visible all the time.

I also have pen and paper to write stuff down, one page per day and date this. At the bottom I write my thoughts for the day's activity, I learn a lot from this. Everyone should have a trading diary.

Hope this helps.
  • #10,304
  • Mar 19, 2025 2:13am Mar 19, 2025 2:13am
In one of the posts you spoke about ideas.
There is an idea.

I propose to consider the schedule analysis option in this form.

This is the option of serving bars in the form of Mean Renko.
There are 8 more options.

The indicator that displays the schedule so I took on ovo.cz/products/
(there are 2 weeks free, enough for the test)
There are many options for schedules.

The schedule works in this form a little differently, but visually gives less market noise and a more manifest focus.
AB = CD works, there are fewer triangles, but everyone works.


I analyzed different options and saw many unambiguous signals with this schedule.

Perhaps this option can be used as an auxiliary, especially in complex points on the market.

In the figure below, I marked the last few days for example.
10 PIPS grid.
Setting at the bottom of the screen 32 is 1 bar = 3.2 points.
I accepted it for example as a senior timeframe (M30- H1)
The second screen (18.03.25) is set by 13 this is 1 bar = 1.3 points, I consider it as a smaller (≈m 5)

In general, this is information for testing. Whether this will become useful for trade, I give it to your consideration and verdict).
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  • #10,305
  • Mar 19, 2025 7:10am Mar 19, 2025 7:10am
Quoting Nala66
{quote} Это предполагаемое рабочее пространство...
Yes, thanks Alan.
  • #10,306
  • Mar 19, 2025 8:37am Mar 19, 2025 8:37am
Quoting Benepamm
In one of the posts you spoke about ideas. There is an idea. I propose to consider the schedule analysis option in this form. I give it to your consideration and verdict). {image} {image}
I am studying this; I haven't forgotten your post. At first glance it is somewhat interesting but is it applicable, not sure yet.

Thanks for posting it.
  • #10,307
  • Mar 21, 2025 8:22pm Mar 21, 2025 8:22pm
Quoting Benepamm
In one of the posts you spoke about ideas. There is an idea. I propose to consider the schedule analysis I give it to your consideration and verdict). {image} {image}
I have played about with this but find it more trouble than it is worth. I like to keep it simple by trading the averages as per this thread.

Renko bars are problematic because the settings have to be changed according to the market activity (sometimes larger, sometimes smaller). They look pretty when viewed in hindsight, we can clearly see the longer runs and the shorter ones then we see the bumpy ones in a choppy market.

One thing I look for is when the EMA is about to make a HH/LL we generally see a larger price bar to pull the EMA along. We don't see that with Renko. Finding where the price finds support either bullish or bearish is another key factor not seen in Renko. Finding Divs is the same no matter what we use.

As for finding triangles I only use these for direction clues preferring to target the EMA swings. If these swings are greater than 40 pips, I know I have a good chance to make my 40 pips (2%).

Anyway, all in all they are not for me.

Let us know how it works out for you and thanks for sharing.
  • #10,308
  • Mar 22, 2025 4:24am Mar 22, 2025 4:24am
Quoting Nala66
{quote} This is the intended workspace... {image} On the desktop I have all the usual crap where I watch videos and such. I also have the Terminal (can see price movement, place stops and targets etc.) Also, I have the navigator with a script to close all when I have several orders on. I have my order slip pop up here also, so it doesn't cover the charts up. The other monitors are divided into two as per the drawing above. When I start the analysis, I bring up the higher time frames and make a note of the key levels. These levels I transfer to the...
Thank you, Master.
Could you please explain how you analyze the D, H4, H1, and M5 timeframes using a top-down approach? What do you do when conflicts arise between these timeframes?
Additionally, if there is no signal from H1, such as a divergence at a swing level, do you enter a trade based solely on a signal from M5 while following the trend?
I have also noticed that you sometimes take into consideration the H4 or M15 timeframes. Could you clarify that as well?
  • #10,309
  • Mar 22, 2025 7:12pm Mar 22, 2025 7:12pm
Quoting LFrZero
{quote} Thank you, Master. Could you please explain how you analyze the D, H4, H1, and M5 timeframes using a top-down approach? What do you do when conflicts arise between these timeframes? Additionally, if there is no signal from H1, such as a divergence at a swing level, do you enter a trade based solely on a signal from M5 while following the trend? I have also noticed that you sometimes take into consideration the H4 or M15 timeframes. Could you clarify that as well?
There is no conflict, I simply trade in the direction of expectation on these higher time frames.

The higher time frames only give us the potential target distances depending upon how long we are going to be engaged in a particular trade.

The lower time frames give us the entry signals to take in the same direction as the higher. If we take the opposite direction, we expect it to just be a scalp that will turn to continue the trend.

The 4 hour and upwards charts can take forever to reach ZOO points. Trading these is fine if you are a long-term trader holding in there for days on end. However, even short-term traders should be aware of these ZOO points because they could be the start of something bigger than normal.

Mostly I look for my ZOO points on the 1-hour chart hoping to get my pips in a matter of hours not days. I can always hold the trade open if I wish taking advantage of the higher time frame target level.

The market performs the same way every day. Just like reading a book over and over.
  • #10,310
  • Mar 23, 2025 9:49am Mar 23, 2025 9:49am
Quoting Nala66
{quote} There is no conflict, I simply trade in the direction of expectation on these higher time frames. The higher time frames only give us the potential target distances depending upon how long we are going to be engaged in a particular trade. The lower time frames give us the entry signals to take in the same direction as the higher. If we take the opposite direction, we expect it to just be a scalp that will turn to continue the trend. The 4 hour and upwards charts can take forever to reach ZOO points. Trading these is fine if you are a long-term...
Thank you, master.
I have a problem when it comes to following trends. During an uptrend, I tend to wait for a bearish divergence at the top aiming for my first target, the H1 EMA. However, I've noticed that the EMA often continues to hold for an extended period, leading to a shorter target. At least this approach feels more reliable than waiting for a continuation divergence near H1-EMA, as that strategy has failed me multiple times. The price tends to cross the H1 EMA further before rising again. In hindsight, this approach seems effective, but in real-time, it can be quite challenging.
Can you clarify how you handle this situation?
  • #10,311
  • Mar 23, 2025 7:35pm Mar 23, 2025 7:35pm
Quoting LFrZero
{quote} Thank you, master. I have a problem when it comes to following trends. During an uptrend, I tend to wait for a bearish divergence at the top aiming for my first target, the H1 EMA. However, I've noticed that the EMA often continues to hold for an extended period, leading to a shorter target. At least this approach feels more reliable than waiting for a continuation divergence near H1-EMA, as that strategy has failed me multiple times. The price tends to cross the H1 EMA further before rising again. In hindsight, this approach seems effective,...
On most days most of the activity happens in the London session, the exception tends to be when some critical news is likely to influence the market in which case the movement tends to be in the US session. These are the runs we are trying to grab or even a portion of them.

The price will often cross the EMA before turning back on track, but does price find support after crossing? These crossings often form the ABCD's we look for. A bull market needs to find suckers that are selling so the bulls can buy at bargain prices, this is why we have retracements, to attract sellers. Retracements can be huge convincing traders the direction has indeed changed only to turn again and make a HH. A one bar pullback on a daily or weekly chart may be hundreds of pips so we protect ourselves with stops, then consider other opportunities.

The losses we get should not be more than 1% of our account. I don't wait for this loss if I am wrong, I bail, often for far less of a loss which I easily make it up again when correct.

As the saying goes never marry the trade.
  • #10,312
  • Mar 23, 2025 9:23pm Mar 23, 2025 9:23pm
Quoting LFrZero
{quote} Thank you, master. I have a problem when it comes to following trends. During an uptrend, I tend to wait for a bearish divergence at the top aiming for my first target, the H1 EMA. However, I've noticed that the EMA often continues to hold for an extended period, leading to a shorter target. At least this approach feels more reliable than waiting for a continuation divergence near H1-EMA, as that strategy has failed me multiple times. The price tends to cross the H1 EMA further before rising again. In hindsight, this approach seems effective,...
That's why we need to practice a lot to develop reflexes and gain a sense of the market. As Alan says, the stop loss should not exceed 1% of the account, and he won't let losses reach that level if he realizes he's wrong. This technique cannot be mastered in just a day or two. It requires time, practice, and a certain level of talent.
  • #10,313
  • Mar 24, 2025 3:27am Mar 24, 2025 3:27am
I am aiming for 2964 with 20 pips already locked in.
  • #10,314
  • Mar 24, 2025 3:35am Mar 24, 2025 3:35am
That was so close to being stopped out
  • #10,315
  • Mar 24, 2025 4:19am Mar 24, 2025 4:19am
Tightened up my stop for +30 pips while I just nipped out. Got back to find I am out... Duh!
  • #10,316
  • Mar 24, 2025 4:21am Mar 24, 2025 4:21am
It bounced short at the 4-hour EMA

That would have been a ZOO point to short had I been here.
  • #10,317
  • Mar 24, 2025 4:25am Mar 24, 2025 4:25am
hi to all I have used an swig indicator by using some criteria
this indicator shows the potentional reversal point.
it can be used for all pair and all time frams but I used it in 5min timeframe.
integrated it with Donchian Channel period equal 10.
when the swing catcher alarmed wait until the close candle under donchain channel line.
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Attached File(s)
File Type: ex4 swingcather no repaint.ex4   9 KB | 227 downloads
File Type: ex4 Donchian Channel.ex4   11 KB | 212 downloads
  • #10,318
  • Mar 24, 2025 4:38am Mar 24, 2025 4:38am
Quoting Nala66
I am aiming for 2964 with 20 pips already locked in.
What signal makes you jump in, Master?
  • #10,319
  • Mar 24, 2025 5:32am Mar 24, 2025 5:32am
Quoting Nala66
I am aiming for 2964 with 20 pips already locked in.
Why were you aiming for that level 2964?
  • #10,320
  • Mar 24, 2025 8:09am Mar 24, 2025 8:09am
Quoting prohaha
{quote} Why were you aiming for that level 2964?
Because I was reacting to the bull div on the 15 min and that was the expected swing high average to go for on that timeframe.

Edit... It actually did make my target but because I had to go out, I moved my stop.

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