2 MA Method- easier part of "Pivot Method"

This method:

Entry point
Exit point
Where not to trade

When to add
When not to add

When exit aggressively

These all points to be discussed.

I have understood what is Rally and Decline and what becomes mPH and mPL.

Plotted EMA 9 and 21 on 15 min chart.

Now, awaiting your rules for entry and exits as per this method.
ok, Answer is to wait till SL hit.

If by that system u exited, again would have entered almost at the same point some bar after..

Also I have still not defined when to enter & when to get out.

Till today I have told 2 MA & exit when decline confirmed if ur long & reverse.

I have not told the full system yet..

Wait for that.

Dear Subhadip,

Eagerly waiting for remaining system details. Please share it in your free time.

Thanks & regards,
Parag
 

anilnegi

Well-Known Member
Dear subha da

No update everything all right.
 

sangram1705

Well-Known Member
Dada,
Long time no posts in this thread. I keep on checking frequently for your posts. badly missing you in this thread. i have some doubts regarding trade management.
 

sangram1705

Well-Known Member
I need some help to develop my own trade management/money management.

So far understood - not to risk more than 2% per trade.

Suppose i enter on a valid signal with 4 lots & my stop loss is 10 points.

What should be my 1st / 2nd / 3rd targets & what quantities.

When/how should I move by stop to breakeven. How to trail the stoploss.

I realise that there cant be any specific reply to the above. But I just want your insights. It will help me to develop my own strategy.

I am planning to semi automate it. So that once I enter the stoploss & target orders will be placed automatically. however they can be adjusted anytime during the trade.
 

Subhadip

Well-Known Member
I need some help to develop my own trade management/money management.

So far understood - not to risk more than 2% per trade.

Suppose i enter on a valid signal with 4 lots & my stop loss is 10 points.

What should be my 1st / 2nd / 3rd targets & what quantities.

When/how should I move by stop to breakeven. How to trail the stoploss.

I realise that there cant be any specific reply to the above. But I just want your insights. It will help me to develop my own strategy.

I am planning to semi automate it. So that once I enter the stoploss & target orders will be placed automatically. however they can be adjusted anytime during the trade.
any chart will be easy to make u understand
 

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