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the easy edge for beginner traders
Updated June 27th 2013
creekboy
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the easy edge for beginner traders
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#11 (permalink
las vegas
Experience: Intermediate
Platform: Sierra Chart
Broker: Velocity/IB
Trading: 6E
Posts: 1,147 since Feb 2010
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Hi, I can only see that you are using 1 point to draw the lines, so how are you determining the angle? Thanks.
The following user says Thank You to vegasfoster for this post:
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#12 (permalink
phl pa. usa
Experience: Advanced
Platform: tos
Trading: es
Posts: 1,126 since Mar 2012
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this chart shows -how this works best -this sytem is not for long term trade unless you go to a different tick / time frame and alter the percentage + or - on the ma's -
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#13 (permalink
phl pa. usa
Experience: Advanced
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i find intraday pivots to be unreliable -and have found these (for myself ) to be better as i have control over them -
sptrader
I find this a fascinating concept BUT what I'm having trouble with, is WHY would the cross of a MA, be better than using the most recent
pivot point instead ? Did screen time prove this method is better than a
pivot ?
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#14 (permalink
phl pa. usa
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the angle is created as a new high /low is made -the angle will adjust untill it is violated -
vegasfoster
Hi, I can only see that you are using 1 point to draw the lines, so how are you determining the angle? Thanks.
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#15 (permalink
phl pa. usa
Experience: Advanced
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when you see atm exit -it means my automatic teller machine -
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#16 (permalink
phl pa. usa
Experience: Advanced
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here is the next trend crossovers lower -remember -this is for trading short term moves
sptrader
I find this a fascinating concept BUT what I'm having trouble with, is WHY would the cross of a MA, be better than using the most recent
pivot point instead ? Did screen time prove this method is better than a
pivot ?
Thread Starter
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#17 (permalink
Colorado
Experience: Advanced
Platform: MultiCharts
Broker: IB & Iqfeed
Trading: ES , CL
Posts: 543 since Apr 2010
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The July CL contract is the current contract, will you be changing over soon ? ( I can't access June anymore )
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#18 (permalink
phl pa. usa
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now you see where i took a 50% line inbetween the high and low of the 2 ma's -i often check these for bounce s/r moves
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#19 (permalink
phl pa. usa
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i will check that -i wanted this move to play out
sptrader
The July CL
contract is the current contract, will you be changing over soon ? ( I can't access June anymore )
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#20 (permalink
phl pa. usa
Experience: Advanced
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here is july -the #s are the same
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June 27, 2013
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