Trading the Cable swings via averages
Introduction.
My name is Alan and I have been in the donkey business for many years.
For now, just focus on cable trading through a very effective but simple approach based on evidence provided by the market, rather than what I think will happen in the future.
I'll start this article with chart setup and then move on to what to look for, timing, goals, money management, etc... and what I found relevant while writing this article.
Overview...
If you don't believe that Price is always trying to achieve HH or LL averages, there is no point in continuing to read this article. This can be easily proven with a simple observation of the chart itself.
I would ask everyone to be patient until I complete each section and then ask "Any questions?"
Without further ado, let me get started.
Hope you have a pleasant trip.
EDIT... A PDF of the series of concepts can be found on post 6851
another = post 6897
My name is Alan and I have been in the donkey business for many years.
For now, just focus on cable trading through a very effective but simple approach based on evidence provided by the market, rather than what I think will happen in the future.
I'll start this article with chart setup and then move on to what to look for, timing, goals, money management, etc... and what I found relevant while writing this article.
Overview...
If you don't believe that Price is always trying to achieve HH or LL averages, there is no point in continuing to read this article. This can be easily proven with a simple observation of the chart itself.
I would ask everyone to be patient until I complete each section and then ask "Any questions?"
Without further ado, let me get started.
Hope you have a pleasant trip.
EDIT... A PDF of the series of concepts can be found on post 6851
another = post 6897
























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