2 MA Method- easier part of "Pivot Method"

niftytaurus

Well-Known Member
Hourly also in sideways. Minor down trend where major in sideways.do not fight market when in sideways. Let it be out of that.
hi
This sideways thing is very difficult to find out..
here I am posting hourly chart with marking..hourly makes lower high & then breaks low (110ct , 9pm mpl) , then are we not in minor downtrend? please remove my that confusion..what am I missing?
besides, channel line also giving resistnce till now..dont know PA IS showing short only till now


thnks
 

Subhadip

Well-Known Member
hi
According to pivot method,
in hourly, we are in minor downtrend
& in 15 min, we are in sideways...IF after making a lower Mph in 15 min,if price breaks 7:30 low, we will be in minor downtrend in 15 min,am I right? Then according to pivot method, can we short at that pivot? will it be a right trade?
nest support is at todays low, round number 3300, & 3280 area..so r:r is good
I am just checking my view live according to pivot method
thanks
Trade will g e right to go short there.
Hope ur enjoying.
 

niftytaurus

Well-Known Member
hi
This sideways thing is very difficult to find out..
here I am posting hourly chart with marking..hourly makes lower high & then breaks low (110ct , 9pm mpl) , then are we not in minor downtrend? please remove my that confusion..what am I missing?
besides, channel line also giving resistnce till now..dont know PA IS showing short only till now


thnks
hi
please explain this..i think You have missed that post
thanks
 

Subhadip

Well-Known Member
hi
please explain this..i think You have missed that post
thanks
Downtrend minor down in hourly, whereas daily in uptrend.


In hourly where is latest VPL and VPH.
Also where was previous VPH and VPL.
 

niftytaurus

Well-Known Member
crude-15min

crude-hour


From yesterday, after 10 pm, we are in uptrend both in 15 & hourly as per 2 ma method..
so today, where should we enter..can we enter on 1 candel high of 15 min..or wait for a minor pivot in 15 min..
rightn now, we are near roundnumber 3400
thanks
 

Subhadip

Well-Known Member
crude-15min

crude-hour


From yesterday, after 10 pm, we are in uptrend both in 15 & hourly as per 2 ma method..
so today, where should we enter..can we enter on 1 candel high of 15 min..or wait for a minor pivot in 15 min..
rightn now, we are near roundnumber 3400
thanks
Can go long, long first candle high,
 

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