2 MA Method- easier part of "Pivot Method"

Discussion in 'Derivatives' started by Subhadip, Sep 24, 2016.

  1. Subhadip

    Subhadip Well-Known Member

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    In my following thread I have discussed the 2 MA method. But it needs separate attention along with lots of charts.

    Pivot Trading Thread

    I do not want to disturb the Pivot thread.

    So for that reason starting a new thread..
     
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  2. Subhadip

    Subhadip Well-Known Member

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  3. Subhadip

    Subhadip Well-Known Member

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    Setup is like this:
    It is double time frame system:

    Like: Day chart with weekly chart; 3 min/ 5 min chart with 15 min chart; 15 min chart along with 60 min chart
     
  4. Subhadip

    Subhadip Well-Known Member

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    Previously I was using this Setup:

    We will use SMA 21 & EMA 8 in both Time frame chart.

    When in higher TF chart; price above both the MA line, buy in lower TF when price break out of the both line above it.

    When in higher TF price below both the MA line, sell the lower TF when price break down / break a pivot low (when price below both MA line in Lower TF).

    I will post some charts for this setup.

    After some analysis, I am now using 9 EMA & 21 EMA.
     
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  5. Subhadip

    Subhadip Well-Known Member

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    It is very easy setup if you know & remember the Rally & Decline.
     
  6. Subhadip

    Subhadip Well-Known Member

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    Posted in the Pivot thread
     
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  7. Subhadip

    Subhadip Well-Known Member

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    Rally
    What is Rally?
    It is the upward movement of the candlestick chart bars.

    Decline

    Decline is the downward movement of the candlestick chart bars.
     
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  8. Subhadip

    Subhadip Well-Known Member

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    In Rally: Most important is higher low

    In Decline: Most Important is Lower High.

    Meeting point of Rally and Decline is the "PIVOT". We call it Minor Pivot.
     
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  9. Subhadip

    Subhadip Well-Known Member

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    Picture of Rally and Decline:

    [​IMG]

    Point one to Point two- Rally, Price moving higher- important is higher low. One more important point is see in Rally there is a Red Bar also- do not get confuse, in Rally, there can be Red bar, the colour is not important, the price movement important.


    From Point four to Five- price moving down, so it is Decline. Here also note that one green bar is there - but it is 4 to 5 is Decline.
     
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  10. Subhadip

    Subhadip Well-Known Member

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    Example of Rally:

    [​IMG]

    Example of Minor Pivot:

    [​IMG]
    At point one it is Minor Pivot.- Meeting point of Rally & Decline.
     
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