Pivot Trading- a new way of Trading

[anilnegi]

Two great trader recommending looks like very good video

thanks

 

[davincy]

Dear subhadip,

I have some doubt in 2ma method.still some confusion in entry in 2ma method. Kindly clear the doubt.

Price closed below 2ma in weekly chart.

Price closed below 2ma in daily already.
There is no near mpl.kindly clarify where to do entry in daily chart.

I marked break of vpl as entry. is it correct?

If it is correct then is not it too late entry?.


Davincy

 

[vivektrader]

Dear subhadip,

I have some doubt in 2ma method.still some confusion in entry in 2ma method. Kindly clear the doubt.

Price closed below 2ma in weekly chart.

Price closed below 2ma in daily already.
There is no near mpl.kindly clarify where to do entry in daily chart.

I marked break of vpl as entry. is it correct?

If it is correct then is not it too late entry?.


Davincy

On daily chart, price is closing up and below the MAs, also MAs crisscrossing again and again, it is sideways market. Any trend following system (like pivot) will fail in such situations, also as MAs are lagging indicators, entries are inevitably delayed, won't hurt much in trending markets. But in sideways market if one follows this method, one will get tossed around both ways.

 

[anilnegi]

Dear subhadip,

I have some doubt in 2ma method.still some confusion in entry in 2ma method. Kindly clear the doubt.

Price closed below 2ma in weekly chart.

Price closed below 2ma in daily already.
There is no near mpl.kindly clarify where to do entry in daily chart.

I marked break of vpl as entry. is it correct?

If it is correct then is not it too late entry?.


Davincy

You are mixing two strategy, MA and pivot based they both are different strategies, as per MA, its a short below the mark.

 

[davincy]

You are mixing two strategy, MA and pivot based they both are different strategies, as per MA, its a short below the mark.

Are you telling short below the mark in weekly chart or daily chart?

 

[davincy]

You are mixing two strategy, MA and pivot based they both are different strategies, as per MA, its a short below the mark.

Anilnegi

Then what are the rules for entry and exit?in all situation as per MA method?

Davincy

 

[anilnegi]

Anilnegi

Then what are the rules for entry and exit?in all situation as per MA method?

Davincy

pls read thread from start

 

[davincy]

Anybody explain what is aggressive pivot break in 2ma method.


Davincy

 

[Subhadip]

Anybody explain what is aggressive pivot break in 2ma method.


Davincy

Aggressive pivot is aggressive pivot. both system are different.
If following two MA method, please follow that only.

Please read thread from start.

 

[davincy]

Dear shuba,

Price closed below 2ma in weekly chart.

Price already closed below 2ma in daily chart.

Now short entry at break of 370.50 which is near mpl.SL is two bar back.

Kindly check the entry is correct or not.


Davincy