Trading the Cable swings via averages

A bit more detail of my Thursday trade. Watching the H1, my Zoo is the previous EMA level as shown by Benepamms EMA indi. white arrow.
RSI is in the overbought zone and we have divergence showing = short coming soon. Its possible that price could reverse at the first red down arrow and head back to the EMA some 80 pips away. We then take a look at M15. Same divergence and had I been at my computer would probably have put a short trade here with a pending long above the last high along with the short trade SL at 40 pips. We then see bullish divergence forming so this could be heading to my Zoo point after all. Close the short or hedge long is an option.
Again H1 divergence at my Zoo point so there is a good chance of a trip back to the EMA some 100 pips away. Worth a punt with a SL 50 pips up.
M5 also in divergence here so its time to go short. Close the trade when price around the EMA for +70 pips

Well that was a ride today with not many chances to jump in long. I went short numerous times at signs of bear divergence only to hit SL and activate my pending long trades to save the day. +17 and +27.
Obviously I should be looking for long trades (go with the trend) instead of constantly going for reversal trades.

Hi, 40Pips, thanks for the explanation of that trade on 11 April.
It is obviously a counter-trend trade, right? Considering that at the time you took it, all EMAs were pointing up.
I have been bitten so often with countertrend trades that it makes me shiver in my bones to try again. You do have a hedge safeguard strategy, which is very interesting. But again, I tried hedging instead of a hard stop in the past; most of the time, I got a double punch in the face.

A Busy working week but managed to add +8.7% to the account. Some small losses and several good gains.

9% added to the demo account last week and account is now doubled from its start value. Stick a pending trade in the direction you think its going and stay with it till you get divergence and then close. Have a reverse pending trade ready should it reverse at a ZOO point.
Keep at it guys.

Trade for today +50

Flat as a tack just now. Think I will watch some Rugby.