2 MA Method- easier part of "Pivot Method"

[PreSap]

Presap and fnoq good enthusiasm shown by u guys for learning .pivot method takes a bit of time to understand execute correctly.watch 1000s of charts .later charts start speaking to u. U both if possible put a small amount in ur trading account like 10000 and take takelive trades in equity good moving stocks or commodity minies. This will help u grow faster and better as a trader with more live experience ull get better and better.all the best .keep going.

Thanks for the encouragement. Truly appreciated.

I had trading account. Blown 75℅ of it. Added more again. Struggling, but won't give up.

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[fnoQ]

Presap and fnoq good enthusiasm shown by u guys for learning .pivot method takes a bit of time to understand execute correctly.watch 1000s of charts .later charts start speaking to u. U both if possible put a small amount in ur trading account like 10000 and take takelive trades in equity good moving stocks or commodity minies. This will help u grow faster and better as a trader with more live experience ull get better and better.all the best .keep going.

Thanks Rjshem bhai , yes have to take live trades with live judgements , already seniors told to do this like your statement,but before that have to know basics first and practising with charts , posting here some of them .presently trading stocks for 10-15 k each , will exit when comes 3-4 % till that holding like that .. :thumb:

 

[Subhadip]

This method is very easy, the two EMAs will dictate the trend.

So by these two EMAs we are eliminating the trend detection part..

Now the problem starts the trading part..


Lets discuss one or two chart..

 

[Subhadip]

See the Nifty spot daily chart..

8EMA, 21 SMA, & 34 SMA there

 

[Subhadip]

This is Nifty Spot hourly chart...

Now see the daily chart first

then go to Hourly chart..


If price above 8EMA &21 SMA in Daily, then go to hourly chart, when price goes above both, long there, SL nearest Pivot low...

That is all..

Now just add & play with ERL ..

 

[Subhadip]

Think this added 34 SMA as long term trend...

So never trade in opposite of 34 SMA trend line till u r very comfortable..

 

[Subhadip]

See the hourly chart..in NIfty Spot.


First in NIFTY SPOT Daily, price above three lines always, (most of the time).

so forget about shorting...


now when price goes above these three lines, go long, SL two bar back method...

just go on every bar by bar..

keep SL increasing upwards, as price moves high..


So easy na.....

 

[ocil]

So on above rule and chart, we have to buy only after 30-12-2016.
24 jan / 2nd Feb / 17feb/ 1st march etc and move TSL

 

[fnoQ]

Thanks Subhadip bhai , yes im presently using 5-34 ema crossing in daily tf for 3-4 % gains , now im changed to 8-21 method with 34 MA s , but after studying " new way of pivot thread " it gave some new insights which not clear for me earlier , so a big thnaks for your pivot thread , thats why im very intrested to learn PA method , as all told it will take time ,till get comfort with watching charts for trends going to keep on trying , for time being using this MA trades .:clap::clap::clap::thumb:

 

[PreSap]

We were using 9 EMA in between. Wanted to verify if we should use 9 or 8 EMA for this method.

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