I noticed! But you beat me to it

Trading the Cable swings via averages

For the benefit of others, Alan helpfully pointed out that there is in fact an RSI div between B and b, so the long hedge would've been closed and then resumed at b. But it was 48 pips by b anyway, so you'd probably be done and enjoying a ...

Trading the Cable swings via averages

Okay, I'll give it a crack... Z - you start loading up on longs from here because price has created a LL but the fast RSI is way oversold compared to Y (is this also HD? Not quite sure...) a - RSI div forms in alignment with the higher-timeframe ...

Trading the Cable swings via averages

Alan, you're a bloody champ for taking so much time to explain these things - many thanks. One thing I couldn't get my head around, at first, was why we would load up on shorts when the trend was up (seemed risky!) But then I realised that if we ...

Trading the Cable swings via averages

Hi fxpractice, there are some helpful posts already in the thread if you do a search for the word "attacking", which is how Alan describes the formation of the ABCD pattern. Here's a link to the search results: url Cheers

Trading the Cable swings via averages

Hi Alan, I'm currently only demo trading your (excellent) methodology, but finding that I'm getting stopped out a lot for BE (which isn't really a bad thing!) I wondered if you might be able to post a chart, please, which shows how you manage stops ...

Trading the Cable swings via averages

Thanks Alan. At what exact point do you enter after the retest? Cheers

Trading the Cable swings via averages

Alan, one other quick question please: How do you draw your AB=CD patterns? Is there a particular tool in MT4 that you use? I know there's a "Triangle" drawing tool, but I'm not sure how you accurately measure and draw the "D" target after you have ...

Trading the Cable swings via averages

Alan, am I correct in my understanding that bull support is defined by the following three conditions (and the opposite for bear support): Price has closed above the EMA A downward bar prints (but doesn't close below the EMA) Then an upward bar ...

Trading the Cable swings via averages

Robert, I agree it's a lot to absorb and to apply for the newbie, which is why I think it could be helpful to begin by focusing on just one aspect of Alan's methodology. For example, you could focus your efforts on identifying bull or bear support ...

Trading the Cable swings via averages

Alan, this post and the ones immediately preceding it were so helpful in getting my head around your trade management, which I think is excellent. It's so refreshing to read through such a robust and well-thought-through methodology, complete with ...

Trading the Cable swings via averages

Alan, are you able to provide the price levels indicator (stripes) you use on your charts please? Cheers

Trading the Cable swings via averages

Good point Alan, could you please clarify how many hours the 'zone' is? Cheers

Trading the Cable swings via averages

Hi Alan, I'm curious to know the answer to this too! Cheers

Trading the Cable swings via averages

Yes, I might just have to take you up on that! I definitely need to spend more time looking at your charts and manually back-testing trades...

Trading the Cable swings via averages

Thanks Alan, I just realised I didn't draw the line on the 1SMA on the price chart, so it's not valid!

Trading the Cable swings via averages

Jazz, I'm not too familiar with hidden divergence yet, but do my lines on your chart below show bearish HD before the sell-off? Cheers image

Trading the Cable swings via averages

This is hugely helpful. Thank you Alan

Trading the Cable swings via averages

For those wishing to read through the entire thread, or catch up on big chunks of it, here's a tip... You can view up to 40 posts per page as a black-and-white "printable version" of the thread: url That means the thread is only 99 pages long (as ...

Trading the Cable swings via averages

Hi Robert, welcome to the thread I too have serious plans for this method, which Alan has graciously shared and detailed for everyone to understand. For me, this method has been a 'lightbulb moment' when it comes to trading. ...

Trading the Cable swings via averages